2024-03-01T13:58:00-06:00 2023-06-30 580692043 MAULDIN & JENKINS LLC 200 W MLK BLVD STE 1100 CHATTANOOGA TN 374021239 990 2022-07-01 621300726 CHATTANOOGA NEIGHBORHOOD ENTERPRISE INC CHAT 4237566201 1500 CHESTNUT STREET SUITE 102 CHATTANOOGA TN 37408 DARLA BLAND CFO 4237566206 2024-01-26 1 DARLA BLAND 999009999 0 HEATHER BATSON P01911640 4237566133 2024-01-26 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARTINA GUILFOIL 1500 CHESTNUT STREET SUITE 102 CHATTANOOGA TN 37408 4725730 0 X WWW.CNEINC.ORG X 1986 TN ENCOURAGE HOME OWNERSHIP & REHABILITATION BY ISSUING BELOW-MARKET RATE LOANS, CONSTRUCTING NEW HOUSING UNITS AND REHABILITATING EXISTING UNITS . 12 12 26 181 0 0 2741927 3475307 1337726 1223522 0 0 9714 26901 4089367 4725730 0 0 0 0 1549528 1606074 0 0 50861 2029543 2240873 3579071 3846947 510296 878783 25801135 29047998 12651499 15019579 13149636 14028419 X TO PRESERVE, REHABILITATE, AND PREVENT DETERIORATION OF RENTAL UNITS AND SINGLE-FAMILY DWELLINGS; TO ENCOURAGE HOME OWNERSHIP AND REHABILITATION THROUGH BELOW-MARKET LOANS; TO DEVELOP A TRAINING PROGRAM FOR IN-HOME MAINTENANCE AND REPAIR; TO PROMOTE NEIGHBORHOOD BEAUTIFICATION AND SELF-IMPROVEMENT PROJECTS; TO PROMOTE NEIGBORHOOD REVITALIZATION; AND TO PROMOTE THE ENFORCEMENT OF UNIFORM BUILDING CODES AND ELIMINATE ALL SUBSTANDARD HOUSING IN THE CITY OF CHATTANOOGA AND HAMILTON COUNTY, TENNESSEE. 0 0 2688292 1250423 ENCOURAGE HOME OWNERSHIP & REHABILITATION BY ISSUING BELOW-MARKET RATE LOANS, CONSTRUCTING NEW HOUSING UNITS & REHABILITATING EXISTING UNITS. 2688292 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 60 0 1 26 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 1 1 1 0 TN X X DARLA BLAND 4237566206 1500 CHESTNUT STREET SUITE 102 CHATTANOOGA TN 37408 CARLENE CARRABINO DIRECTOR 1.00 X 0 0 0 JOHN CRAWFORD DIRECTOR 1.00 X 0 0 0 CRYSTAL SORRELLS DIRECTOR 1.00 X 0 0 0 JENNY HILL DIRECTOR 1.00 X 0 0 0 MARIA NOEL DIRECTOR 1.00 X 0 0 0 MARIE HURLEY BLAIR DIRECTOR 1.00 X 0 0 0 TD SCOTT DIRECTOR 1.00 X 0 0 0 MARY ANN SCHENK DIRECTOR 1.00 X 0 0 0 MARTINA GUILFOIL EXECUTIVE DIRECTOR 40.00 X 165646 0 18275 DARLA BLAND CFO 40.00 X 115058 0 15487 ANDREA HARDAWAY VICE CHAIR 1.00 X 0 0 0 JERRY LEE TREASURER 1.00 X 0 0 0 MATT LYLE SECRETARY 1.00 X 0 0 0 MICHAEL STEWART CHAIR 1.00 X 0 0 0 280704 0 33762 4 0 1 0 RLP CONSTRUCTION LLC POBOX 11461 CHATTANOOGA TN 37401 CONSTRUCTION 3510203 KRONBERG WALL ARCHITECTS LLC 887 WYLIE ST SE ATLANTA GA 30316 ARCHITECTURAL DESIGN 226568 WILLIAM JACOB TONER 1007 E MLK BLVD CHATTANOOGA TN 37403 REAL ESTATE DEVELOPMENT 105001 FERGUSON ENTERPRISES LLC 12500 JEFFERSON AVENUE NEWPORT NEWS VA 23602 APPLIANCES 100344 4 1896159 1579148 3475307 HOMEOWNERSHIP PRESERVA 230000 711157 711157 LENDING AND LOAN ORIGI 525990 254654 254654 NEIGHBORHOOD ENGAGEMEN 611710 242121 242121 HOMEOWNERSHIP PROMOTIO 611710 15590 15590 1223522 MISCELLANEOUS REVENUE 230000 26901 26901 26901 4725730 1250423 0 0 324578 304624 10594 9360 1281496 1202692 41848 36956 52127 40037 11868 222 38652 29688 8800 164 181342 85802 95065 475 90342 79823 9931 588 13743 12851 781 111 49248 48286 790 172 159065 85550 72197 1318 31568 30984 506 78 263965 17009 246956 519007 349358 169521 128 146699 58531 87606 562 TAXES 211891 1295 210590 6 DIRECT PROGRAM EXPENSES 205478 205478 REPAIRS AND MAINTENANCE 118240 118240 LAND HOLDING COSTS 50549 50549 108957 85735 22501 721 3846947 2688292 1107794 50861 4400108 4730479 2402246 1624743 347003 73814 73983 96602 2282383 2024731 84334 105551 16117650 2295280 11974704 13822370 4236374 6569708 25801135 29047998 1416393 777624 261942 215275 176631 200975 10796533 13825705 12651499 15019579 X 10534597 11191965 2615039 2836454 13149636 14028419 25801135 29047998 878783 0 X 0 1 X 1 1 1 X 2387340 2413743 3092007 2741927 3475307 14110324 2387340 2413743 3092007 2741927 3475307 14110324 1972140 12138184 14110324 7195008 0.86020 0.86370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1769604 1769604 14263174 2223077 12040097 84872 72203 12669 13822370 CONSTRUCTION IN PROGRESS 6249719 RIGHT OF USE LEASE ASSET 319989 6569708 NOTES PAYABLE - OTHER 13543858 RIGHT OF USE LEASE LIABILITY 281847 13825705 X PART IV, LINE 2B: THE ORGANIZATION HOLDS ESCROW DEPOSITS FOR PAYMENT OF TAXES AND INSURANCE ON MORTGAGE LOANS RECEIVED BY THE ORGANIZATION. THE ORGANIZATION ALSO HOLDS SECURITY DEPOSITS FOR RENTAL TENANTS. ALL ESCROW AND SECURITY DEPOSIT FUNDS ARE MAINTAINED IN DESIGNATED ACCOUNTS AND SEPERATED FROM OPERATING FUNDS. PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH INCOME TAX ACCOUNTING GUIDANCE IN ASC TOPIC 740. THE ORGANIZATION RECOGNIZES DEFERRED TAX ASSETS IF IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE TAX POSITION WILL BE REALIZED OR SUSTAINED UPON EXAMINATION. THE ORGANIZATION FOLLOWS THE STATUTORY REQUIREMENTS FOR ITS INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITES DEEMED TO BE UNRELATED TO THE ORGANIZATION'S NON-TAXABLE STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO TAX EXAMINATIONS BY AUTHORITIES FOR YEARS BEFORE 2019. X 0 0 0 0 0 0 0 0 0 MARTINA GUILFOIL EXECUTIVE DIRECTOR 164046 0 1600 0 0 0 8498 0 9777 0 183921 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT VERSION OF THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S CFO PRIOR TO FILING. THE FINAL DRAFT VERSION IS DISTRIBUTED TO BOTH THE FINANCE COMMITTEE AND THE BOARD FOR FINAL APPOVAL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ANNUAL REVIEW AND REGULAR COMMUNICATION WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 AT THE BEGINNING OF EACH YEAR, GOALS AND OUTCOMES ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. AT THE END OF THE YEAR, A THIRD PARTY PERFORMS AN ANALYSIS TO DETERMINE IF THE GOALS AND OUTCOMES FOR THE YEAR WERE MET. THE RESULTS FROM THE THIRD PARTY ANALYSIS ARE SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW. IF THE SPECIFIED GOAL OR OUTCOME HAS BEEN ACHIEVED, COMPENSATION IS MADE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH THE FOLLOWING THIRD PARTY WEBSITE: HTTP://WWW.DNB.COM/US/. IN ADDITION, COPIES OF THE FINANCIAL STATEMENTS ARE PROVIDED TO KEY INVESTORS, CONTRIBUTORS, AND PARTNERS ANNUALLY. HIGHLAND PARK LLC 1500 CHESTNUT STREET SUITE 102 CHATTANOOGA TN 37408 471430263 REAL ESTATE DEVELOPMENT IN HIGHLAND PARK AREA TN 0 190607 CHATTANOOGA NEIGBORHOOD ENTERPRISES INC MAI BELL APARTMENTS LLC 1500 CHESTNUT STREET SUITE 102 CHATTANOOGA TN 37408 813711034 OWN AND OPERATE A 51 UNIT APARTMENT COMPLEX IN HIGHLAND PARK AREA. 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