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Nonprofit · EIN 57-0979157

TN DEVELOPMENT CORP

Tax-exempt · COLUMBIA, SC 29203

Financials

$1.7M$2.1M2022$2M$2.1M2023$2.1M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of TN DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,069,503$2,193,107-$123,604$5,630,741$3,396,722$2,234,019
June 30, 2024990$2,004,489$2,131,256-$126,767$5,717,288$3,359,665$2,357,623
June 30, 2023990$1,744,510$2,101,973-$357,463$6,807,227$4,322,837$2,484,390
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$784,758
Program service revenue
$1,238,901
Investment income
$20,519
Net gain from sales of assets
$19,000
Other revenue
$25,325

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$567,683
Salaries, compensation and benefits (total)
$862,488
Professional fundraising fees
$0
Accounting fees
$95,020
Occupancy
$629,227
Travel
$34,189
Depreciation
$247,641
Program services (functional)
$1,888,279
Management and general (functional)
$304,828

Balance sheet and other

Total assets, start of year
$5,717,288
Total assets, end of year
$5,630,741
Total liabilities, end of year
$3,396,722
Net assets, end of year
$2,234,019
Land, buildings and equipment
$2,644,844
Net assets without donor restrictions
$1,814,687
Net assets with donor restrictions
$419,332
Gross receipts
$2,069,503
Employees
0
Volunteers
12
Year formed
1992
State of legal domicile
SC

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
Harrison C JosephExecutive Director
Officer
40$0$91,101
Johnathan KirkwoodVice Chair
Trustee or director, Officer
1$0$0
Talesha StewartChair
Trustee or director, Officer
1$0$0
Tracey BrownSecretary
Trustee or director, Officer
1$0$0
Angela EnglishBoard Member
Trustee or director
1$0$0
Brittani RichardsBoard Member
Trustee or director
1$0$0
Dr James LanpherBoard Member
Trustee or director
1$0$0
Kathi J SnipesBoard Member
Trustee or director
1$0$0
Katrina Hart-LorickBoard Member
Trustee or director
1$0$0
Miles HanleyBoard Member
Trustee or director
1$0$0
Minnie Wilson-BivinsBoard Member
Trustee or director
1$0$0
Vanzell HaireBoard Member
Trustee or director
1$0$0
Jeff PalenEx-Officio
Officer
2$0$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensationFrom related orgs
HARRISON JOSEPHEXECUTIVE DIRECTOR
Officer
40$0$92,793
KEVIN K WERNERCHAIR
Trustee or director, Officer
5$0$0
TALESHA STEWARTVICE-CHAIR
Trustee or director, Officer
5$0$0
ANGELA ENGLISHBOARD MEMBER
Trustee or director
1$0$0
VANZELL HAIREBOARD MEMBER
Trustee or director
1$0$0
MILES HANLEYBOARD MEMBER
Trustee or director
1$0$0
KATRINA HART-LORICKBOARD MEMBER
Trustee or director
1$0$0
JOHNATHAN KIRKWOODBOARD MEMBER
Trustee or director
1$0$0
JAMES LANPHERBOARD MEMBER
Trustee or director
1$0$0
BRITTANI RICHARDSBOARD MEMBER
Trustee or director
1$0$0
KATHI SNIPESBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 10 people
NameTitleHours / weekCompensation
KEVIN K WERNERCHAIR
Trustee or director, Officer
5$0
TALESHA STEWARTVICE-CHAIR
Trustee or director, Officer
5$0
VANZELL HAIREMEMBER
Trustee or director
1$0
ANGELA ENGLISHMEMBER
Trustee or director
1$0
KATHI SNIPESMEMBER
Trustee or director
1$0
BRITTANI RICHARDSMEMBER
Trustee or director
1$0
JAMES LANPHERMEMBER
Trustee or director
1$0
MILES HANLEYMEMBER
Trustee or director
1$0
JOHNATHAN KIRKWOODMEMBER
Trustee or director
1$0
KATRINA HART-LORICKMEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
3905 ENSOR AVE, COLUMBIA, SC 29203-5849
Principal officer (990 for 2024)
Taleshia Stewart, 3905 Ensor Avenue, Columbia, SC 29203
Signed the 990
Taleshia Stewart, Chair
Phone
(803) 734-3322
Return prepared by
Mauldin & Jenkins LLC

Mission

To assist in the development of low income housing in Columbia and increase the residential base.

990 for the year ended June 30, 2025

Program accomplishments

  • The Corporation is assisting in the development of low income housing in Columbia, South Carolina, and attempting to increase the residential base of the community.
    Expenses $1,888,279 · revenue $1,238,901

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
57-0979157
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,630,741
Income (IRS master file)
$2,069,503

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,069,503$2,193,107$5,630,741IRS
990June 2024$2,004,489$2,131,256$5,717,288IRS
990June 2023$1,744,510$2,101,973$6,807,227XML
990June 2022$1,500,191$1,579,583$5,456,220IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 57-0979157).

Questions about TN DEVELOPMENT CORP

What is the EIN of TN DEVELOPMENT CORP?
The employer identification number (EIN) of TN DEVELOPMENT CORP is 57-0979157.
Is TN DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TN DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TN DEVELOPMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TN DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TN DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TN DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 names Taleshia Stewart.
Who are the officers and directors of TN DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does TN DEVELOPMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,069,503, expenses of $2,193,107 and total assets of $5,630,741 at year end.

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