2025-02-06T08:07:43-05:00 2024-12-31 990 2024-01-01 933905645 Mt Carmel Ally % Samuel Oldham MTCA 9017945945 5865 Ridgeway Center Pkwy Suite 300 Memphis TN 38120 Samuel Oldham Board Member Treasurer 2025-02-06 2024 2025-03-06 01:10:19Z X Samuel Oldham 5865 Ridgeway Center Pkwy Suite 300 Memphis TN 38120 5473 false X https: mtcarmelally.org X 2023 TN The organizations mission is Restoration and Preservation of a Historical Black Cemetery creating a community learning space. Historical Mt Carmel Cemetery is located in Memphis TN. 6 6 0 0 0 0 0 5473 0 0 0 0 0 0 0 5473 0 0 0 0 0 0 0 0 0 0 1361 0 1361 0 4112 9107 7741 5478 0 3629 7741 The organizations mission is Restoration and Preservation of a Historical Black Cemetery creating a community learning space. Historical Mt Carmel Cemetery is located in Memphis TN. false false 0 0 0 Restoration and Preservation of a Historical Black Cemetery creating a community learning space. 0 0 0 0 0 0 0 0 0 0 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false 0 false false false false false false 6 6 true false false false false false false true true false false true true true true false false false false false TN X Samuel Oldham 9012196718 5865 Ridgeway Center Pkwy Suite 300 Memphis TN 38120 X Dr Spencer Baker President 10.00 0.00 X 0 0 0 Samuel Oldham Treasurer 30.00 0.00 X 0 0 0 Karen Lynch Secretary 5.00 0.00 X 0 0 0 0 0 0 0 false false false 0 0 0 0 0 5473 0 5473 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 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 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5473 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 0 0 0 0 0 0 0 0 0 0 0 0 0 608 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 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TN Historic Cemetery Marker 753 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1361 0 0 0 0 0 0 0 3629 7741 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 0 0 5478 0 9107 7741 5478 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5478 0 X 3629 7741 0 0 3629 7741 9107 7741 4112 0 0 0 0 0 X false false false X 0 0 0 5070 5478 10548 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5070 5478 10548 10548 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10548 X Part VI, Line 2 The organizations volunteer president of the board who lives in Texas is brother-in-law to the organizations volunteer treasurer of the board who lives in Tennessee. There is no other family relationship or a business relationship with any other volunteer board members within the organization. There are no employees or staff of the organization. Part VI, Line 11b The process to be used by the organization to review this Form 990 is by email and at regular board meetings. Part VI, Line 12c ARTICLE IX CONFLICT OF INTEREST POLICY 9.1. Purpose. The purpose of the Conflict of Interest Policy referred to in this Article IX as the Policy is to protect the Corporations interest when it is contemplating entering into a transaction or arrangement that might benefit the private interest of an officer or Director of the Corporation or might result in a possible excess benefit transaction. This Policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to nonprofit and charitable organizations. 9.2. Definitions. A Interested Person. Any Director principal officer or member of a committee with governing Board delegated powers who has a direct or indirect financial interest as defined below is an Interested Person. B Financial Interest. A person has a financial interest if the person has directly or indirectly through business investment or family: i An ownership or investment interest in any entity with which the Corporation has a transaction or arrangement; ii A compensation arrangement with the Corporation or with any entity or individual with which the Corporation has a transaction or arrangement; or iii A potential ownership or investment interest in or compensation arrangement with any entity or individual with which the Corporation is negotiating a transaction or arrangement. Compensation includes direct and indirect remuneration as well as gifts or favors that are not insubstantial. A financial interest is not necessarily a conflict of interest. Under Section 9.3A below a person who has a financial interest may have a conflict of interest only if the appropriate governing Board or committee decides that a conflict of interest exists. 9.3. Procedures. A Duty to Disclose. In connection with any actual or possible conflict of interest an Interested Person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the Directors and members of committees with governing Board delegated powers considering the proposed transaction or arrangement. B Determining Whether a Conflict of Interest Exists. After disclosure of the financial interest and all material facts and after any discussion with the Interested Person he or she shall leave the governing Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. C Procedures for Address the Conflict of Interest. i An Interested Person may make a presentation at the governing Board or committee meeting but after the presentation he or she shall leave the meeting during the discussion of and the vote on the transaction or arrangement involving the possible conflict of interest. ii The chairperson of the governing Board or committee shall if appropriate appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. iii After exercising due diligence the governing board or committee shall determine whether the Corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest the governing Board or committee shall determine by a majority vote of the disinterested Directors whether the transaction or arrangement is in the Corporations best interest for its own benefit and whether it is fair and reasonable. In conformity with the above determination it shall make its decision as to whether to enter into the transaction or arrangement. D Violations of the Conflicts of Interest Policy. i If the governing Board or committee has reasonable cause to believe a Director has failed to disclose actual or possible conflicts of interest it shall inform the director of the basis for such belief and afford the Director an opportunity to explain the alleged failure to disclosed. ii If after hearing the Directors response and after making further investigation as warranted by the circumstances the governing Board or committee determines the Director has failed to disclose an actual or possible conflict of interest it shall take appropriate disciplinary and corrective action. 9.4. Records of Proceedings. The Minutes of the governing Board and all committees with Board delegated powers shall contain: A The names of the persons who disclosed or otherwise were found to have a financial interest in connection with an actual or possible conflict of interest the nature of the financial interest any action taken to determine whether a conflict of interest was present and the governing Boards or committees decision as to whether a conflict of interest in fact existed; and B The names of the persons who were present for discussions and votes relating to the transaction or arrangement the content of the discussion including any alternatives to the proposed transaction or arrangement and a record of any votes taken in connection with the proceedings. 9.5. Compensation. A voting member of the governing Board who receives compensation directly or indirectly from the Corporation for services is precluded from voting on matters pertaining to that members compensation. A voting member of any committee whose jurisdiction includes compensation matters and who receives compensation directly or indirectly from the Corporation for services is precluded from voting on matters pertaining to that members compensation. No voting member of the governing Board or any committee whose jurisdiction 11 includes compensation matters and who receives compensation directly or indirectly from the Corporation either individually or collectively is prohibited from providing information to any committee regarding compensation. 9.6. Annual Statements. Each Director principal officer and member of a committee with governing Board delegated powers shall annually sign a statement which affirms such person: A Has received a copy of the Policy; B Has read and understands the Policy; C Has agreed to comply with the Policy; and D Understands the Corporation is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. 9.7. Periodic Reviews. To ensure the Corporation operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status periodic reviews shall be conducted. When conducting such periodic reviews the Corporation may but need not use outside advisors; provided however if outside experts are used their use shall not relieve the governing board of its responsibility for ensuring periodic reviews are conducted. The periodic reviews shall at a minimum include the following subjects: A Whether compensation arrangements and benefits are reasonable based on competent survey information and the result of arms length bargaining; and B Whether partnerships joint ventures and arrangements with management organizations conform to the Corporations written policies are properly recorded in writing reflect reasonable investment or payments for goods and services further charitable purposes and do not result in inurement impermissible private benefit or in an excess benefit transaction. Part VI, Line 19 The organization made its governing documents conflict of interest policy and financial statements available to the general public during the tax year through Candid - GuideStar.