2025-11-16T06:53:59-00:00 2024-12-31 200104471 Foster Ballard Foster LLC 1455 Lincoln Parkway Suite 425 Atlanta GA 30346 990 2024-01-01 591778757 Metrocenter Teachers Apartment Inc METR 6152594332 451 Ponder Place Nashville TN 37228 Gwen McFarland Managing Partner 6152594332 2025-11-16 true Terry L Foster P03197912 6787332518 2025-11-16 2024 2025-03-06 01:10:19Z Gwen McFarland 451 Ponder Place Nashville TN 37228 2372058 false X X Non Profit 1976 TN To provided quality and affordable low income housing for the Elderly 8 8 9 10 0 0 2251959 2325355 10526 3816 41500 42887 2303985 2372058 0 0 0 0 0 2613864 2540688 2613864 2540688 -309879 -168630 5748708 4749071 7025473 6194466 -1276765 -1445395 The mission of the organization is to provide quality and affordable housing to low income tenants false false 2540688 2372058 Housing for Low income Tenants 2540688 true false false false false false false false false false true false false true 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 true 9 0 false 9 true false false false false false false false false false false false false false X 8 8 false true false false false false false true false false false false true true false false true false false false false X Taliafaro Inc 6152594332 1227 9th Avenue North Nashville TN 37207 X X Alfred Coleman Chairman 002.00 X X 0 0 0 Ernestine Hazelwood Vice Chair 002.00 X X 0 0 0 Ola G Hudson Secretary 002.00 X X 0 0 0 Rose Marie Howell Member 000.50 X 0 0 0 Mary Lanier Member 000.50 X 0 0 0 Geroge Cate Jr Attorney 000.50 X 0 0 0 George Kersey Member 000.50 X 0 0 0 Robert W Gogen member 000.50 X 0 0 0 Debra Edwards DeFrance Manager 040.00 X X X 0 0 0 Clarence C White Jr Member 000.50 X 0 0 0 false false false Tenant Rent 532000 2325355 2325355 3816 Laundry and Vending 900099 2832 Tenant Charges 900099 3144 Other Revenue Insurance 900099 36911 42887 2372058 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 216872 216872 0 397457 397457 0 Administrative 443589 443589 Utilities 458085 458085 Operating 725825 725825 Taxes and Insurance 255623 255623 43237 43237 2540688 2540688 0 0 265861 280893 6723 14271 84539 71942 15722628 13665383 2202587 2057245 3188998 2324720 5748708 4749071 1170627 518141 5791144 5612160 63702 64165 7025473 6194466 X -1276765 -1445395 -1276765 -1445395 5748708 4749071 -168630 X false false X true true true X 2062172 2056147 2079067 2251959 8449345 2062172 2056147 2079067 2251959 8449345 8449345 2172 1577 4352 10526 18627 48499 45961 10817 41500 146777 8614749 0.98080 0.97860 X false 465989 465989 13368684 11948241 1420443 1334011 1208811 125200 553944 508331 45613 2057245 Financial derivatives and other financial products Closely-held equity interests Replacement Reserve 2022877 Deferred Finance Costs Tenant Security Deposits 109731 Escrow Deposit 163866 Residual Receipts 1688 Other Reserves Intangible Assets 26558 2324720 Federal income taxes Tenant Security Deposit 64165 64165 Form 990, Part VII, Section B, Line 11A The IRS form 990 is given to the management Agent and the President to review. The form 8879-EO is signed and returned to me as an indication that the return was reviewed and approved. Form 990, Part VI, Section 11, Line C The financials are electronically submitted to HUD. All related parties who would like to receive a copy of the financials may request it. A copy will be provided upon request. Form 990, Part VI, Section B, Line 12A12B The board members are required to complete a conflict of interest form each year. If a conflict of interest occurs the board is notified immediately. Form 990, Part VI, Section B, Line 14 The company has a written retension and destruction policy.