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Nonprofit · EIN 62-1796161

TENNESSEES COMMUNITY ASSISTANCE CORPORATION

Tax-exempt · MORRISTOWN, TN 37814

Financials

$3M$2.8M2022$3.8M$3.7M2023$3.1M$3M2024
Revenue Expenses · by fiscal year end
Financials of TENNESSEES COMMUNITY ASSISTANCE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,124,496$3,002,854$121,642$2,921,283$833,215$2,088,068
June 30, 2024990$3,751,440$3,661,516$89,924$2,621,099$651,850$1,969,249
June 30, 2023990$2,985,822$2,835,931$149,891$2,930,682$1,051,462$1,879,220
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,574,352
of which government grants
$654,417
Program service revenue
$1,516,397
Investment income
$33,747
Net gain from sales of assets
$20,224
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,538
Other salaries and wages
$804,647
Salaries, compensation and benefits (total)
$993,610
Professional fundraising fees
$0
Accounting fees
$11,266
Occupancy
$27,887
Travel
$8,880
Depreciation
$27,574
Program services (functional)
$2,936,769
Management and general (functional)
$66,085

Balance sheet and other

Total assets, start of year
$2,621,099
Total assets, end of year
$2,921,283
Total liabilities, end of year
$833,215
Net assets, end of year
$2,088,068
Land, buildings and equipment
$617,510
Net assets without donor restrictions
$2,088,068
Gross receipts
$3,311,547
Employees
13
Volunteers
22
Year formed
1999
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
KRYSTAL GIBBONSEXEC DIRECTO
Officer
40$75,538
EMILY CHASEBOARD MEMBER
Trustee or director
1$0
TERRY CUNNINGHAMVICE CHAIRMA
Trustee or director
1$0
STEPHANIE HOLMESBOARD MEMBER
Trustee or director
1$0
JACKIE MAYOSECRETARY
Trustee or director
1$0
TEOKA PRICEBOARD MEMBER
Trustee or director
1$0
TERESA BROOKS TAYLORCHAIRMAN
Trustee or director
1$0
KATHY VANLANDINGHAMBOARD MEMBER
Trustee or director
1$0
STEPHANIE WILLSTREASURER
Trustee or director
1$0
990 for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
KRYSTAL GIBBONSEXEC DIRECTO
Officer
40$75,000
EMILY CHASEBOARD MEMBER
Trustee or director
1$0
TERRY CUNNINGHAMVICE CHAIRMA
Trustee or director
1$0
STEPHANIE HOLMESBOARD MEMBER
Trustee or director
1$0
JACKIE MAYOSECRETARY
Trustee or director
1$0
TEOKA PRICEBOARD MEMBER
Trustee or director
1$0
TERESA BROOKS TAYLORCHAIRMAN
Trustee or director
1$0
KATHY VANLANDINGHAMBOARD MEMBER
Trustee or director
1$0
STEPHANIE WILLSTREASURER
Trustee or director
1$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensation
KELSEY PARKSOUTGOING EXE
Officer
40$35,389
KRYSTAL GIBBONSINCOMING EXE
Officer
40$26,250
TERRY CUNNINGHAM1ST VICE CHA
Trustee or director
1$0
DOROTHY EDWARDSBOARD MEMBER
Trustee or director
1$0
STEPHANIE HOLMESBOARD MEMBER
Trustee or director
1$0
JACKIE MAYOSECRETARY
Trustee or director
1$0
TERESA BROOKS TAYLORCHAIRMAN
Trustee or director
1$0
KATHY VANLANDINGHAMBOARD MEMBER
Trustee or director
1$0
STEPHANIE WESSONTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
740 E MAIN ST, MORRISTOWN, TN 37814-6627
Principal officer (990 for 2024)
KRYSTAL GIBBONS
Signed the 990
KRYSTAL GIBBONS, EXEC DIRECTOR
Phone
(423) 586-7636
Website
TCAC1.ORG
Return prepared by
CRAINE THOMPSON & JONES PC

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE ECONOMIC DEVELOPMENT AND CONDUCT ACTIVITIES IN LOW-INCOME COMMUNITIES OF TENNESSEE, PARTICULARLY PUBLIC ASSISTED HOUSING RESIDENTS, IN ORDER TO ASSIST THE RESIDENTS IN BECOMING SELF-SUFFICIENT AND PROVIDE NECESSARY SERVICES TO THOSE FAMILIES AND INDIVIDUALS THAT WILL IMPROVE THEIR QUALITY OF LIFE.

990 for the year ended June 30, 2025

Program accomplishments

  • THE HOME PROGRAM IS A COMPETITIVELY-FUNDED PROGRAM BY HUD AND ADMINISTERED WITHIN TENNESSEE BY THE TENNESSEE HOUSING DEVELOPMENT AGENCY. ELIGIBLE HOMEOWNERS TO RECEIVE REPAIRS/NEW HOMES MUST BE LOW INCOME HOUSEHOLDS, THE HOME MUST BE THEIR PRIMARY RESIDENCE, AND OWN THEIR PROPERTY. THE WORK IS PERFORMED BY LICENSED CONTRACTORS AND HOMEOWNERS RECEIVE A 5-15 YEAR FORGIVABLE GRANT NOTE AS LONG AS THEY REMAIN IN THEIR HOME DURING THE TERM. IT ALSO PROVIDES AN AVENUE FOR LOW-INCOME INDIVIDUALS TO QUALIFY FOR A HOME MORTGAGE IN ORDER TO PURCHASE A NEW HOME.
    Expenses $1,079,116 · revenue $1,217,150
  • TCAC DEPOT HELPS TCAC PARTNERS, OTHER NON-PROFITS, AND CHURCHES THROUGHOUT TENNESSEE PROVIDE PRODUCTS AND INCENTIVES THAT FURTHER THE INDIVIDUAL AGENCY'S MISSION. TCAC DEPOT REDISTRIBUTES NEW PRODUCTS THAT ASSIST PARTNERING AGENCIES IN STRETCHING THEIR SERVICE DOLLARS WHILE PROVIDING MATERIALS AND SUPPLIES TO TENNESSEANS MOST IN NEED, TCAC DEPOT CURRENTLY HAS 100 PARTNERING AGENCIES AND 13 DISTRIBUTION PARTNERS.
    Expenses $320,377 · revenue $202,139
  • TCAC COMMUNITY CARES AMERICORPS PROGRAM SERVES THE VERY FRAIL, ELDERLY AND CHALLENGED RESIDENTS OF TENNESSEE SO THEY CAN REMAIN LIVING INDEPENDENTLY WITH AN IMPROVED QUALITY OF LIFE. THIRTY FIVE AMERICORPS MEMBERS NOT ONLY PROVIDE ASSISTANCE WITH DAILY TASKS, BUT MORE IMPORTANTLY THEY HELP REISDENTS MAINTAIN THEIR DIGNITY AND CONFIDENCE. THE SERVICES ARE PROVIDED WITH NO COST TO THE RESIDENTS.
    Expenses $1,537,276 · revenue $216,882

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
62-1796161
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,921,283
Income (IRS master file)
$3,311,547

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,124,496$3,002,854$2,921,283XML
990June 2024$3,751,440$3,661,516$2,621,099XML
990June 2023$2,985,822$2,835,931$2,930,682XML
990June 2022$1,003,336$1,130,255$2,336,308IRS
990June 2021$406,804$430,057$2,086,850IRS
990December 2020–––IRS
990December 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 62-1796161).

Questions about TENNESSEES COMMUNITY ASSISTANCE CORPORATION

What is the EIN of TENNESSEES COMMUNITY ASSISTANCE CORPORATION?
The employer identification number (EIN) of TENNESSEES COMMUNITY ASSISTANCE CORPORATION is 62-1796161.
Is TENNESSEES COMMUNITY ASSISTANCE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to TENNESSEES COMMUNITY ASSISTANCE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TENNESSEES COMMUNITY ASSISTANCE 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 TENNESSEES COMMUNITY ASSISTANCE 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 TENNESSEES COMMUNITY ASSISTANCE 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 TENNESSEES COMMUNITY ASSISTANCE CORPORATION?
The 990 for the year ended June 30, 2025 names KRYSTAL GIBBONS.
Who are the officers and directors of TENNESSEES COMMUNITY ASSISTANCE CORPORATION?
The 990 for the year ended June 30, 2025 lists 9 people; 1 received compensation from the organization, the highest $75,538 (KRYSTAL GIBBONS, EXEC DIRECTO).
How much revenue does TENNESSEES COMMUNITY ASSISTANCE CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,124,496, expenses of $3,002,854 and total assets of $2,921,283 at year end.

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