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THE CORPORATION OPERATES ITS 58 APARTMENTS UNITS AT 3027 FERNBROOK LANE, NASHVILLE, DAVIDSON COUNTY, TENNESSEE TO PROVIDE HOUSING FOR ELIGIBLE LOW INCOME ELDERLY PERSONS IN ACCORDANCE WITH THE SECTION 202 CAPITAL ADVANCE PROGRAM OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2024
Total Revenue
▼$543.2K
Program Spending
89%
of total expenses go to program services
Total Contributions
$231.9K
Total Expenses
▼$610.7K
Total Assets
$3.5M
Total Liabilities
▼$5.3M
Net Assets
-$1.7M
Officer Compensation
→N/A
Other Salaries
N/A
Investment Income
$11.8K
Fundraising
▼N/A
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
10
Clean Audits
10
Material Weakness
No
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Clean | Unmodified (Clean) | $5.4M | No | 2026-04-07 |
| 2024 | Clean | Unmodified (Clean) | $5.4M | No | 2025-06-16 |
| 2023 | Clean | Unmodified (Clean) | $5.4M | No | 2025-06-16 |
| 2022 | Clean | Unmodified (Clean) | $5.4M | Yes | 2025-06-16 |
| 2021 | Clean | Unmodified (Clean) | $5.4M | Yes | 2022-04-13 |
| 2020 | Clean | Unmodified (Clean) | $5.4M | Yes | 2021-04-08 |
| 2019 | Clean | Unmodified (Clean) | $5.4M | Yes | 2020-04-05 |
| 2018 | Clean | Unmodified (Clean) | $5.4M | Yes | 2019-04-09 |
| 2017 | Clean | Unmodified (Clean) | $5.4M | Yes | 2018-03-26 |
| 2016 | Clean | Unmodified (Clean) | $5.3M | Yes | 2017-03-21 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.4M
Financial Report
Unmodified (Clean)
Federal Expenditure
$5.3M
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2024IRS e-File | $543.2K | $231.9K | $610.7K | $3.5M | -$1.7M |
| 2023 | $527.1K | $248.9K | $576.8K | $3.6M | -$1.6M |
| 2022 | $501.2K | $232.6K | $589.6K | $3.7M | -$1.6M |
| 2021 | $498.3K | $249.5K |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2024)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| John Robinson | Chairman | 6 | $0 | $0 | $0 | $0 |
| John A Thweatt | Vice Chairman | 1 | $0 | $0 | $0 | $0 |
| Tom Purkey | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Carole English | Secretary | 1 | $0 | $0 | $0 | $0 |
John Robinson
Chairman
$0
Hrs/Wk
6
Compensation
$0
Related Orgs
$0
Other
$0
John A Thweatt
Vice Chairman
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Tom Purkey
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Carole English
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Donald B Holladay | Director | 1 | $0 | $0 | $0 | $0 |
| Patricia Gammell | Director | 1 | $0 | $0 | $0 | $0 |
Donald B Holladay
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Patricia Gammell
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $576K |
| $3.7M |
| -$1.5M |
| 2020 | $465.4K | $216.3K | $558.9K | $3.8M | -$1.4M |
| 2019 | $439.4K | $191K | $543.4K | $3.9M | -$1.3M |
| 2018 | $415.3K | $170.4K | $503K | $4M | -$1.2M |
| 2017 | $402.6K | $163.8K | $512.7K | $4.1M | -$1.1M |
| 2016 | $386.7K | $160.1K | $492.2K | $4.2M | -$1M |
| 2015 | $383.2K | $152.2K | $512.3K | $4.3M | -$933.5K |
| 2014 | $360.2K | $138.9K | $496.6K | $4.4M | -$804.4K |
| 2013 | $358K | $132.1K | $497.5K | $4.6M | -$668K |
| 2012 | $345.8K | $135.5K | $475K | $4.7M | -$528.5K |
| 2011 | $338.7K | $134.8K | $488.3K | $4.8M | -$399.3K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990-EZ | — |