2025-06-30T12:45:55-05:00 2024-12-31 562397000 TARWATER & COMPANY PC PO BOX 11622 KNOXVILLE TN 37939 990 2024-01-01 621465760 KNOX HOUSING PARTNERSHIP INC KNOX 8656371679 109 WINONA STREET KNOXVILLE TN 37917 JACKIE MAYO PRESIDENT & CEO 8656371679 2025-05-13 1 1 JOE TARWATER CPA P00937104 8655840294 2025-05-13 2024 2025-03-06 01:10:19Z HOMESOURCE EAST TENNESSEE JACKIE MAYO 109 WINONA STREET KNOXVILLE TN 37917 5279246 0 X HTTP://HOMESOURCETN.ORG X 1990 TN TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS IN EAST TENNESSEE THROUGH FIRST-TIME HOMEBUYER EDUCATION; ASSIST WITH MORTGAGE LOANS, DOWNPAYMENTS, AND CLOSING COSTS; BUILD NEW SINGLE FAMILY HOUSING; DEVELOP MULTI-FAMILY HOUSING; AND OFFER FORECLOSURE COUNSELING. 13 13 28 80 0 0 1899071 1205827 2605688 2884680 -195499 -74439 16147 46330 4325407 4062398 0 0 0 0 1205340 1242470 0 0 0 2988777 3123809 4194117 4366279 131290 -303881 24049465 23807056 14713231 14774703 9336234 9032353 X TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME PERSONS IN EAST TENNESSEE THROUGH FIRST-TIME HOMEBUYER EDUCATION; ASSIST WITH MORTGAGE LOANS, DOWNPAYMENTS, AND CLOSING COSTS; BUILD NEW SINGLE FAMILY HOUSING; DEVELOP MULTI-FAMILY HOUSING; AND OFFER FORECLOSURE COUNSELING. 0 0 2914849 2619697 THE ORGANIZATION OWNS AND RENTS SINGLE-FAMILY HOUSES AND MULTI-FAMILY PROPERTIES TO LOW-INCOME FAMILIES, AS WELL AS OWNS AND MANAGES APARTMENT COMPLEXES FOR LOW-INCOME AND ELDERLY RESIDENTS. 372296 THE ORGANIZATION IMPROVES HOUSING CONDITIONS AND PROMOTES NEIGHBORHOOD REVITALIZATION THROUGH ACQUISITION/REHABILITATION AND NEW CONSTRUCTION OF AFFORDABLE HOUSING UNITS WHICH ARE SOLD TO LOW-INCOME FAMILIES. 380481 230465 VARIOUS EFFORTS TO ASSIST LOW-INCOME PERSONS IN OBTAINING AFFORDABLE AND DESIRABLE HOUSING BY PROVIDING HOME OWNERSHIP EDUCATION, INDIVIDUAL COUNSELING, AND FORECLOSURE COUNSELING THROUGH A COLLABORATION OF GOVERNMENT AND OTHER ORGANIZATIONS. 3667626 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 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 1 0 0 0 1 41 0 1 28 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X JACKIE MAYO 8656371679 109 WINONA STREET KNOXVILLE TN 37917 TRINA J GALLMAN BOARD MEMBER 0.50 X 0 0 0 DEREK COATS BOARD MEMBER 0.50 X 0 0 0 AVIS B ANDREWS-GARY VICE CHAIR 0.50 X X 0 0 0 HERC LIGDIS BOARD MEMBER 0.50 X 0 0 0 MICHAEL J MCNAIR BOARD MEMBER 0.50 X 0 0 0 JOSHALYN HUNDLEY CHAIR 0.50 X X 0 0 0 PAIGE TRAVIS BOARD MEMBER 0.50 X 0 0 0 BRAD RICHMOND BOARD MEMBER 0.50 X 0 0 0 HANCEN SALE SECRETARY/TREASURER 0.50 X X 0 0 0 JUNISHA GARRETT BOARD MEMBER 0.50 X 0 0 0 KEELY RITCHIE BOARD MEMBER 0.50 X 0 0 0 KIMBERLY R HILL BOARD MEMBER 0.50 X 0 0 0 JACKIE MAYO PRESIDENT & CEO 40.00 X 100855 0 11856 100855 0 11856 1 0 0 0 TENNESSEE EXCAVATING CO LLC 2708 CROSSLANE RD KNOXVILLE TN 37931 DEVELOPMENT/CONSTRUCTION 345444 MOUNTAINSIDE LAWN 109 N WINONA STREET KNOXVILLE TN 37917 LAWNCARE 102177 2 586064 619763 567496 1205827 RENTAL 900099 2539768 2539768 HOUSING COUNSELING 900099 240434 240434 PROJECT DEVELOPMENT FEES 900099 79929 79929 HOME BUYER EDUCATION FEES 900099 24549 24549 2884680 6409 6409 1136000 1216848 -80848 -80848 -80848 MISCELLANEOUS 900099 46330 46330 46330 4062398 2850162 0 6409 112711 79151 33560 943736 664596 279140 91151 62483 28668 94872 72133 22739 26553 22024 4529 27500 27500 52361 14632 37729 104078 68444 35634 48715 34047 14668 7667 6068 1599 721794 721794 844842 829724 15118 228135 221178 6957 PROPERTY MAINTENANCE AN 504925 494564 10361 TELEPHONE AND UTILITIES 204073 32997 171076 HOUSING ASSISTANCE 182529 182529 PROPERTY TAXES 120512 120512 50125 40750 9375 4366279 3667626 698653 0 435145 1091808 962651 289711 446208 402386 107325 246158 161339 160484 30123378 8711302 21755353 21412076 2994 178450 204433 24049465 23807056 259986 352278 8053 223016 167869 193232 10652436 10223855 3624887 3782322 14713231 14774703 X 9321234 8938773 15000 93580 9336234 9032353 24049465 23807056 -303881 0 X X 0 1 X 1 1 1 X 1800685 1453677 1322768 1899071 1205827 7682028 1800685 1453677 1322768 1899071 1205827 7682028 2820256 4861772 1708 -55 5454 18514 6409 32030 176667 6766 565 16147 46330 246475 7960533 0.61070 0.60300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2265118 2265118 25296906 8379542 16917364 444893 331760 113133 2116461 2116461 21412076 FORGIVABLE LOANS 3737226 FUNDS HELD AS AGENT 45096 3782322 X 4400874 338476 338476 4062398 0 4062398 4655534 289255 289255 4366279 0 4366279 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS FOR ITS TENANTS. PART X, LINE 2: THE ENTITY ACCOUNTS FOR UNCERTAIN TAX POSITIONS USING A TWO-STEP APPROACH. THE FIRST STEP IS TO DETERMINE WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE SECOND STEP IS TO MEASURE AND RECOGNIZE IN THE FINANCIAL STATEMENTS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON THE ULTIMATE SETTLEMENT. THE ENTITY HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRED SIGNIFICANT ADJUSTMENTS TO THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARIES NOT DISREGARDED FOR FEDERAL INCOME TAX PURPOSES PART XII, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARIES NOT DISREGARDED FOR FEDERAL INCOME TAX PURPOSES PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS FOR ITS TENANTS. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE ("IRC") SECTION 501(C)(3) AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE ("IRS") AS OTHER THAN A PRIVATE FOUNDATION, AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2022, THE ORGANIZATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE ORGANIZATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION FILES U.S. FEDERAL NON-PROFIT INFORMATIONAL RETURNS ANNUALLY. X BELOW MARKET RATE INTEREST 13 339058 X DEBT FORGIVENESS 10 228438 0 1 0 FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION HAS PERSONS WHO HAD THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE GOVERNING BOARD FOR REVIEW BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN CONFLICT OF INTEREST STATEMENT ANNUALLY AND ARE PERIODICALLY REMINDED OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AT BOARD MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 LINE 15A - THE BOARD AND MANAGEMENT USE THE RESOURCES PROVIDED BY NEIGHBORWORKS AMERICA TO ENSURE CEO AND TOP MANAGEMENT SALARIES ARE IN LINE WITH OTHER NON-PROFIT EQUIVALENT POSITIONS BASED ON ENTITY SIZE, MARKET LOCATION, ECONOMIC STATUS OF THE REGION AND NATIONAL BENCHMARKS. LINE 15B - THE BOARD AND MANAGEMENT USE THE RESOURCES PROVIDED BY NEIGHBORWORKS AMERICA TO ENSURE CEO AND TOP MANAGEMENT SALARIES ARE IN LINE WITH OTHER NON-PROFIT EQUIVALENT POSITIONS BASED ON ENTITY SIZE, MARKET LOCATION, ECONOMIC STATUS OF THE REGION AND NATIONAL BENCHMARKS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC, EXCEPT UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C MANAGEMENT AND BOARD OF DIRECTORS PROVIDE OVERSIGHT FOR AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT. KNOX HOUSING ASSOCIATES I LLC 109 WINONA STREET KNOXVILLE TN 37917 621841100 RENTAL PROPERTY FOR LOW-INCOME PERSONS TN 174715 446002 YES TENNESSEE VALLEY REALTY LLC 109 WINONA STREET KNOXVILLE TN 37917 464938818 ACQUIRE, SELL, MANAGE REAL PROPERTY TN 501(C)(3) YES 1 KNOXVILLE AGING IN PLACE INC 109 WINONA STREET KNOXVILLE TN 37917 834180152 HOME MODIFICATION FOR ELDERLY TN YES C 299157 43954 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 KNOXVILLE AGING IN PLACE INC D 262244 FMV TENNESSEE VALLEY REALTY LLC D 59940 FMV