Skip to main content

Nonprofit · EIN 62-1544702

EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION

Tax-exempt · KNOXVILLE, TN 37922

Financials

$1.7M$1.7M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,319,227$1,204,956$114,271$1,512,170$722,111$790,059
June 30, 2024990$1,734,660$1,689,522$45,138$1,080,503$404,715$675,788
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$399,370
of which government grants
$380,370
Program service revenue
$895,000
Investment income
$6,307
Net rental income
$18,550
Other revenue
$18,550

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$240,001
Salaries, compensation and benefits (total)
$267,282
Professional fundraising fees
$0
Accounting fees
$34,871
Travel
$6,854
Depreciation
$10,528
Program services (functional)
$1,178,009
Management and general (functional)
$26,947

Balance sheet and other

Total assets, start of year
$1,080,503
Total assets, end of year
$1,512,170
Total liabilities, end of year
$722,111
Net assets, end of year
$790,059
Land, buildings and equipment
$189,069
Net assets without donor restrictions
$618,937
Net assets with donor restrictions
$171,122
Gross receipts
$1,319,227
Employees
3
Volunteers
0
Year formed
1991
State of legal domicile
TN

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 / weekCompensation
REV JOSEPH SMITHCHAIRMAN
Trustee or director, Officer
2$0
JENEANE STOMMVICE-CHAIR
Trustee or director, Officer
2$0
KRISTIE BLEVINSTREASURER
Trustee or director, Officer
2$0
STEVE RITTERSECRETARY
Trustee or director, Officer
0.5$0
FRANK SPARKMANMEMBER
Trustee or director
0.5$0
CAROL WALDOMEMBER
Trustee or director
0.5$0
LYNN CLEMONSMEMBER
Trustee or director
0.5$0
REV STEVE SIMPSONMEMBER
Trustee or director
0.5$0
JENNIFER BELLMEMBER
Trustee or director
0.5$0
TERONDA YOUNGMEMBER
Trustee or director
0.5$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
REV JOSEPH SMITHCHAIRMAN
Trustee or director, Officer
2$0
JENEANE STOMMVICE-CHAIR
Trustee or director, Officer
2$0
KRISTIE BLEVINSTREASURER
Trustee or director, Officer
2$0
STEVE RITTERSECRETARY
Trustee or director, Officer
0.5$0
FRANK SPARKMANMEMBER
Trustee or director
0.5$0
CAROL WALDOMEMBER
Trustee or director
0.5$0
DAVID DUPREEMEMBER
Trustee or director
0.5$0
LYNN CLEMONSMEMBER
Trustee or director
0.5$0
REV STEVE SIMPSONMEMBER
Trustee or director
0.5$0
JENNIFER BELLMEMBER
Trustee or director
0.5$0
TERONDA YOUNGMEMBER
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
10414 JACKSON OAKS WAY STE 202, KNOXVILLE, TN 37922-0705
Mailing address (990-N for 2007)
1300 N Broadway St, Knoxville TN 37917
Principal officer (990 for 2024)
TODD KENNEDY, 10414 JACKSON OAKS WAY STE 202, KNOXVILLE, TN 37922
Principal officer (990-N for 2007)
Walter Ghosten, 1300 N Broadway St, Knoxville TN 37917
Signed the 990
TODD KENNEDY, EXECUTIVE DIRECTOR
Phone
(865) 312-4612
Return prepared by
April D Taylor CPA PC

Mission

COMMUNITY HOUSING DEVELOPMENT CORPORATION PROVIDING QUALITY, ENERGY EFFICIENT HOMES FOR LOW-INCOME RESIDENTS. COSTS ARE SUBSIDIZED BY HUD AS PART OF THE HOME INVESTMENT PARTNERSHIPS PROGRAM.

990 for the year ended June 30, 2025

Program accomplishments

  • SERVED AS COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO): PURCHASED AND RENOVATED HOMES WHICH RESULTED IN THE TRANSFER OF RENOVATED, ENERGY EFFICIENT HOMES TO LOW-INCOME HOMEBUYERS WHO MET THE QUALIFICATIONS UNDER THE HOME INVESTMENT PARTERSHIPS PROGRAM PARTNERSHIPS PROGRAM. IN ADDITION, PROVIDED AFFORDABLE HOUSING RENTALS FOR LOW-INCOME RESIDENTS.
    Expenses $1,178,009 · revenue $913,550

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
62-1544702
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)
$1,512,170
Income (IRS master file)
$1,319,227

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,319,227$1,204,956$1,512,170XML
990June 2024$1,734,660$1,689,522$1,080,503XML
990June 2023$995,790$907,254$1,173,893IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2019–––IRS
990June 2018–––IRS
990-N for 2007
Officer: Walter Ghosten
June 30, 2008≤ $50,000 receipts––e-Postcard

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 62-1544702).

Questions about EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION

What is the EIN of EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION is 62-1544702.
Is EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION 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 EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION 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 EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION 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 EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names TODD KENNEDY.
Who are the officers and directors of EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does EAST TENNESSEE HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,319,227, expenses of $1,204,956 and total assets of $1,512,170 at year end.

Other nonprofits in KNOXVILLE

All nonprofits in KNOXVILLE · Tennessee · Housing and shelter