2024-10-31T14:21:14-05:00 2024-06-30 621046406 JOHNSON HICKEY & MURCHISON PC 2215 OLAN MILLS DRIVE CHATTANOOGA TN 37421 990 2023-07-01 621872705 FAIRGROUND APARTMENTS INC FAIR 9314324111 1104 ENGLAND DRIVE COOKEVILLE TN 38501 MYRA WALKER HOUSING DIRECTOR 9314324111 2024-10-31 1 DEREK YOUNG P01350589 4237560052 2024-10-31 2023 2024-10-15 13:58:12Z MYRA WALKER 1104 ENGLAND DRIVE COOKEVILLE TN 38501 94369 0 X N/A X 2005 TN TO PROVDE SUBSIDIZED HOUSING FOR THE DISABLED. 3 3 0 0 0 0 29137 29105 39876 44600 2 1 4156 20663 73171 94369 0 0 0 0 0 0 0 0 0 114825 106588 114825 106588 -41654 -12219 632648 603885 41938 25394 590710 578491 TO PROVIDE SUBSIDIZED HOUSING FOR THE DISABLED. 0 0 95153 65263 THE ORGANIZATION OPERATES AN ELEVEN UNIT APARTMENT COMPLEX FOR THE DISABLED WITH RENTAL ASSISTANCE PROVIDED BY HUD BASED ON INCOME LEVEL. 95153 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 TN X GINGER STOUT 9314324111 1104 ENGLAND DRIVE COOKEVILLE TN 38501 X MARIE FERRAN SECRETARY/TREASURER 1.00 X X 0 0 0 MARVIN LUSK DIRECTOR 1.00 X 0 0 0 HOLLY WILLIAMS CHAIRPERSON 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 29105 29105 GROUP HOME OPERATIONS 531110 44600 44600 44600 1 1 OTHER REVENUE 900099 20663 20663 20663 94369 65263 0 1 X 5710 5710 365 365 5360 5360 13516 13516 216 216 2399 2399 19277 19277 28507 28507 6118 6118 CONTRACTS 20302 20302 SUPPLIES 3664 3664 BAD DEBT EXPENSE 985 985 MISCELLANEOUS EXPENSES 169 169 106588 95153 11435 0 238 385 289 473 1719 2287 1163192 585931 605768 577261 24634 23479 632648 603885 37835 22465 4103 2929 41938 25394 X 590710 578491 590710 578491 632648 603885 -12219 0 X 0 1 X 1 1 1 X 17338 17728 18577 29137 29105 111885 17338 17728 18577 29137 29105 111885 111885 12 2 1 2 1 18 15876 3465 1769 4156 20663 45929 157832 199517 0.70890 0.67920 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 15,876. 2020 AMOUNT: $ 3,465. 2021 AMOUNT: $ 1,769. 2022 AMOUNT: $ 4,156. 2023 AMOUNT: $ 20,663. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1147074 569813 577261 12343 12343 0 3775 3775 0 577261 TENANT SECURITY DEPOSITS 2929 2929 X 101653 7284 7284 94369 0 94369 113872 7284 7284 106588 0 106588 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO JUNE 30, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT-FREE UNIT 7,284. PART XII, LINE 2D - OTHER ADJUSTMENTS: ADMINISTRATIVE RENT-FREE UNIT 7,284. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE ORGANIZATION IS PERFORMED BY CUMBERLAND REGIONAL DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 REVIEW PROCESS WILL FOLLOW THE SAME PROCESS AS THE AUDIT. A DRAFT WILL BE PRESENTED AND REVIEWED WITH THE AUDIT COMMITTEE, WHICH IS ALSO THE FULL BOARD OF DIRECTORS, FOR FINAL APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C NO BOARD MEMBER MAY HAVE A VESTED INTEREST IN THE PROPERTY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ONLY UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 13,516. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,516. CUMBERLAND REGIONAL DEVELOPMENT CORPORATION 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621651393 MANAGEMENT TN 501(C)(3) LINE 7 0 FIDDLERS ANNEX APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 263782299 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 FIDDLERS MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621837548 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 GOLDEN OAKS APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204045133 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 HILLTOP APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621783078 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 MACE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204044976 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SHENANDOAH APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200487886 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SHENANDOAH HAVEN APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200488534 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 SOUTH CARTHAGE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 204045065 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 CLINCH RIVER APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621873825 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 DOGWOOD MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 453946455 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 LAUREL CREEK APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 621874761 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 PEYTON MANOR APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 273212345 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 PEDIGO 1 APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200543348 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 PEDIGO 2 APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 200576618 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 ROBERTSVILLE APARTMENTS 1104 ENGLAND DRIVE COOKEVILLE TN 38501 134238401 AFFORDABLE HOUSING TN 501(C)(3) LINE 7 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0