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Nonprofit · EIN 62-1651393

CUMBERLAND REGIONAL DEVELOPMENT CORPORATION

Tax-exempt · COOKEVILLE, TN 38501

Financials

$1.2M$1.4M2022$1.7M$1.7M2023$1.3M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of CUMBERLAND REGIONAL DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,346,558$1,545,294-$198,736$8,057,982$4,432,345$3,625,637
June 30, 2024990$1,714,324$1,692,215$22,109$8,416,733$4,592,360$3,824,373
June 30, 2023990$1,177,501$1,438,302-$260,801$8,287,444$4,485,180$3,802,264
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$195,417
of which government grants
$194,017
Program service revenue
$1,108,135
Investment income
$12,600
Net gain from sales of assets
$12,521
Other revenue
$30,406

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$41,323
Occupancy
$136,173
Travel
$53,778
Depreciation
$268,698
Program services (functional)
$1,423,866
Management and general (functional)
$121,428

Balance sheet and other

Total assets, start of year
$8,416,733
Total assets, end of year
$8,057,982
Total liabilities, end of year
$4,432,345
Net assets, end of year
$3,625,637
Land, buildings and equipment
$7,535,543
Net assets without donor restrictions
$3,625,637
Gross receipts
$1,398,350
Employees
0
Volunteers
5
Year formed
1996
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
HOLLY WILLIAMSPRESIDENT
Trustee or director, Officer
1$0
BARBARA WITZIGMANBOARD MEMBER
Trustee or director
1$0
RICHARD DRIVERBOARD MEMBER
Trustee or director
1$0
JEFF BROWNBOARD MEMBER
Trustee or director
1$0
DAVID VIDRINEBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
MARVIN LUSKPRESIDENT
Trustee or director, Officer
1$0
HOLLY WILLIAMSSECRETARY
Trustee or director, Officer
1$0
BARBARA WITZIGMANBOARD MEMBER
Trustee or director
1$0
RICHARD DRIVERBOARD MEMBER
Trustee or director
1$0
JEFF BROWNBOARD MEMBER
Trustee or director
1$0
DAVID VIDRINEBOARD MEMBER
Trustee or director
1$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
MARVIN LUSKPRESIDENT
Trustee or director, Officer
1$0
HOLLY WILLIAMSSECRETARY
Trustee or director, Officer
1$0
BARBARA WITZIGMANBOARD MEMBER
Trustee or director
1$0
RICHARD DRIVERBOARD MEMBER
Trustee or director
1$0
JEFF BROWNBOARD MEMBER
Trustee or director
1$0
DAVID VIDRINEBOARD MEMBER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1104 ENGLAND DR, COOKEVILLE, TN 38501-0924
Principal officer (990 for 2024)
HOLLY WILLIAMS, 1225 S WILLOW AVENUE, COOKEVILLE, TN 38506
Signed the 990
HOLLY WILLIAMS, CHAIRMAN
Phone
(931) 432-4111
Return prepared by
JOHNSON HICKEY & MURCHISON PC

Mission

THE ENTITY WAS ORGANIZED TO CONSTRUCT AND OPERATE LOW INCOME HOUSING FOR THE DISABLED AND ELDERLY IN THE UPPER CUMBERLAND DISTRICT AND TO PROVIDE HOUSING ASSISTANCE TO LOW INCOME AND HOMELESS PERSONS IN THE UPPER CUMBERLAND DISTRICT

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION OWNS,OPERATES AND MANAGES VARIOUS HOUSING PROPERTIES AND COMPLEXES WHICH PROVIDE HOUSING TO LOW INCOME INDIVIDUALS IN THE UPPER CUMBERLAND DISTRICT. THE HOUSING PROGRAMS ARE FUNDED BY VARIOUS FEDERAL AND STATE SUBSIDIES SUCH AS HUD 202 LOANS AND GRANTS, THDA RENTAL ASSISTANCE, AND RURAL DEVELOPMENT SECTION 515 LOANS. UNDER THESE PROGRAMS, THE ORGANIZATION IS PROVIDING AROUND 300 AFFORDABLE HOUSING UNITS.
    Expenses $1,423,866 · revenue $1,151,062

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
62-1651393
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
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,057,982
Income (IRS master file)
$1,398,350

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,346,558$1,545,294$8,057,982XML
990June 2024$1,714,324$1,692,215$8,416,733XML
990June 2023$1,177,501$1,438,302$8,287,444XML
990June 2022$1,264,639$1,303,071$8,472,846IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 62-1651393).

Questions about CUMBERLAND REGIONAL DEVELOPMENT CORPORATION

What is the EIN of CUMBERLAND REGIONAL DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CUMBERLAND REGIONAL DEVELOPMENT CORPORATION is 62-1651393.
Is CUMBERLAND REGIONAL DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to CUMBERLAND REGIONAL DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CUMBERLAND REGIONAL 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 CUMBERLAND REGIONAL 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 CUMBERLAND REGIONAL 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 CUMBERLAND REGIONAL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names HOLLY WILLIAMS.
Who are the officers and directors of CUMBERLAND REGIONAL DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CUMBERLAND REGIONAL DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,346,558, expenses of $1,545,294 and total assets of $8,057,982 at year end.

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