TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC: Form 990EZ, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC (EIN 23-7401331)
- Tax period
- 2014-01-01 to 2014-12-31
- Filed
- 2015-08-19
- IRS object ID
- 201512319349200501
- Schema version
- 2014v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-08-19T07:51:47-05:00 | ReturnTs |
| Tax Period End | 2014-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 450491842 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BLANKENSHIP CPA GROUP PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 215 WARD CIRCLE | AddressLine1Txt |
| City | BRENTWOOD | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 370272304 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2014-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237401331 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TENNESSEE REAL ESTATE EDUCATIONAL | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TENN | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 19TH AVENUE SOUTH | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37212 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN HARDING | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT | PersonTitleTxt |
| Signature | 2015-07-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KENNETH PADGITT CPA | PreparerPersonNm |
| PTIN | P00063078 | PTIN |
| Phone | 6153733771 | PhoneNum |
| Preparation | 2015-08-18 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $94,272 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Program Service Revenue | $74,906 | ProgramServiceRevenueAmt |
| Investment Income | $1,497 | InvestmentIncomeAmt |
| Fundraising Gross Income | $17,869 | FundraisingGrossIncomeAmt |
| Special Events Net Income Loss | $17,869 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $94,272 | TotalRevenueAmt |
| Other Expenses Total | $107,776 | OtherExpensesTotalAmt |
| Total Expenses | $107,776 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$13,504 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $495,788 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $482,284 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $483,707 | BOYAmt |
| EOY | $476,186 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,081 | BOYAmt |
| EOY | $6,098 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,788 | BOYAmt |
| EOY | $482,284 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $495,788 | BOYAmt |
| EOY | $482,284 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE FOUNDATION WAS ORGANIZED TO PROVIDE CONTINUING EDUCATION OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN TENNESSSEE AND IT EXISTS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION WITH REGARD TO EDUCATION. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|
| GRADUATE REALTOR INSTITUTE (GRI) PROGRAM OFFERS EDUCATIONAL INSTRUCTION TO MEMBERS OF THE TENNESSEE ASSOCIATION OF REALTORS PURSUING THE GRI DESIGNATION. | $34,241 |
| SPONSORSHIP OF THE TENNESSEE ASSOCIATION OF REALTORS ANNUAL SPRING CONFERENCE AND CONVENTION. | $12,642 |
| ON-LINE AND OTHER MISCELLANEOUS COURSES ARE OFFERED THAT PROMOTE THE EXEMPT PURPOSE OF PROVIDING CONTINUING EDUCATION TO MEMBERS OF THE TENNESSEE ASSOCIATION OF REALTORS. | $21,974 |
| THE LEADERSHIP TAR PROGRAM PREPARES EMERGING REALTOR LEADERS IN TENNESSEE THROUGH RETREAT BASED INSTRUCTION CONCERNING LEADERSHIP SKILLS AND GOALS. CURRENT YEAR EXPENSE = 3,034. THE INTERN PROGRAM PROVIDES ON-THE-JOB EXPERIENCE TO SELECTED COLLEGE STUDENTS IN THE TENNESSEE ASSOCIATION OF REALTORS' EDUCATION DEPARTMENT ON COURSE REVISION AND DEVELOPMENT PROJECTS. CURRENT YEAR EXPENSE = 70. | $3,104 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $71,961 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (16 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| KATHY TUCKER | ||
| PRESIDENT | 2.00 | $0 |
| BJ SWINEHART | ||
| PRESIDENT-EL | 2.00 | $0 |
| AMANDA STONE | ||
| TREASURER | 2.00 | $0 |
| MELISSA BLUME THOMPSON | ||
| SECRETARY | 2.00 | $0 |
| PAT SEYMOUR | ||
| TRUSTEE | 2.00 | $0 |
| RON GUY | ||
| TRUSTEE | 2.00 | $0 |
| MARLENE RAKOW | ||
| TRUSTEE | 2.00 | $0 |
| CINDY STANTON | ||
| TRUSTEE | 2.00 | $0 |
| BRENDA BREWSTER | ||
| TRUSTEE | 2.00 | $0 |
| REX BROWN | ||
| TRUSTEE | 2.00 | $0 |
| LYNDON LAFEVERS | ||
| TRUSTEE | 2.00 | $0 |
| STEVE CHAMPION | ||
| TRUSTEE OF C | 2.00 | $5,400 |
| ROBERT BRADNEY | ||
| TRUSTEE | 000.00 | $0 |
| LEON DICKSON | ||
| TRUSTEE | 000.00 | $0 |
| WENDY MCNEIL | ||
| TRUSTEE | 000.00 | $0 |
| AARON BROWN | ||
| TRUSTEE | 000.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHEN MCDONALD - DIR OF EDUC | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 19TH AVE SOUTH | AddressLine1Txt |
| City | NASHVILLE | CityNm |
| State Abbreviation | TN | StateAbbreviationCd |
| ZIP | 37212 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6154405033 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | false | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | false | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (true) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | false | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, LINE 3 | ALL CLASSES OFFERED BY THE FOUNDATION ARE OPEN TO ANY REALTOR WITHOUT REGARD TO GENDER OR RACE. |
| SCHEDULE E, LINE 4 | SINCE CLASSES ARE OPEN TO ANY REALTOR, RECORDS OF THIS NATURE ARE NOT CONSIDERED NECESSARY. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | TN LICENSE PLAT | Event1Nm |
| Gross Receipts Event1 | $17,869 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $17,869 | GrossRevenueEvent1Amt |
| Gross Receipts Total | $17,869 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $17,869 | GrossRevenueTotalEventsAmt |
| Net Income Summary | $17,869 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES ADVERTISING AND PROMOTION 7,839 OFFICE 2,106 PROFESSIONAL SERVICES 4,000 CREDIT CARD FEES 6,105 FOOD AND LODGING 6,607 ACCREDITATION FEE 3,175 GRI EXPENSES 34,241 SPONSORSHIPS 12,642 WORK SHOPS 21,974 OTHER PROGRAM COSTS 3,104 NON-INVESTMENT DEPRECIATION 5,983 TOTAL 107,776 |
| FORM 990-EZ, PART II, LINE 24 | SIGN MACHINE 0 4,444 LESS ACCUMULATED DEPRECIATION 0 4,444 LCD PROJECTOR 0 4,714 LESS ACCUMULATED DEPRECIATION 0 4,714 PART OF HP LASERJET 40 0 324 LESS ACCUMULATED DEPRECIATION 0 324 AUDIO TAPE REG & DUPLIC 0 274 LESS ACCUMULATED DEPRECIATION 0 274 2 B FIREWALL HD FOR MA< 0 182 LESS ACCUMULATED DEPRECIATION 0 182 NIKON COOLPIX 2500 2 MP 0 356 LESS ACCUMULATED DEPRECIATION 0 356 HP SCANJET 4570C FLATBI 0 233 LESS ACCUMULATED DEPRECIATION 0 233 EPSON LAMP MODULE 0 421 LESS ACCUMULATED DEPRECIATION 0 421 2 MICROPHONES 0 488 LESS ACCUMULATED DEPRECIATION 0 488 POLYCOM SOUNDSTATIOF\ 0 1,329 LESS ACCUMULATED DEPRECIATION 0 1,329 1/2 LAPTOP- PUG SCOVILL 0 1,539 LESS ACCUMULATED DEPRECIATION 0 1,539 COPIER-MEDIA ROOM 0 600 LESS ACCUMULATED DEPRECIATION 0 600 PROJECT /LENS MEDIA RM 0 9,029 LESS ACCUMULATED DEPRECIATION 0 8,169 HP SIGN PRINTER 0 2,572 LESS ACCUMULATED DEPRECIATION 0 2,480 SONY LCD PROJECTOR/SF 0 891 LESS ACCUMULATED DEPRECIATION 0 891 DA 172115 CUSTOM LECTE 0 3,592 LESS ACCUMULATED DEPRECIATION 0 3,592 ELM P 10 CAMERA 0 1,686 LESS ACCUMULATED DEPRECIATION 0 1,686 EXTRON MEDIA LINK CONL 0 1,020 LESS ACCUMULATED DEPRECIATION 0 1,020 IN 1508 SWITCHER SCALEF 0 1,186 LESS ACCUMULATED DEPRECIATION 0 1,186 HDX 8004 VIDEO CONFERE 0 15,945 LESS ACCUMULATED DEPRECIATION 0 13,667 DUAL PLASMA CART 0 995 LESS ACCUMULATED DEPRECIATION 0 995 DUAL MONITOR CAMERA FL. 0 799 LESS ACCUMULATED DEPRECIATION 0 799 50" PLASMA TV 2299 0 1,794 LESS ACCUMULATED DEPRECIATION 0 1,794 50" PLASMA TV 2300 0 1,794 LESS ACCUMULATED DEPRECIATION 0 1,794 SCREEN 0 899 LESS ACCUMULATED DEPRECIATION 0 899 MEA MINI 0 599 LESS ACCUMULATED DEPRECIATION 0 599 'OJECTOR LAMP 0 424 LESS ACCUMULATED DEPRECIATION 0 424 OJECTOR LAMP 0 424 LESS ACCUMULATED DEPRECIATION 0 424 FLOOR BOX COVER 0 463 LESS ACCUMULATED DEPRECIATION 0 463 DVDNCR COMBO 0 329 LESS ACCUMULATED DEPRECIATION 0 329 SONIC 17" LCD MONITOR 0 223 EQUIPMENT 0 4,521 LESS ACCUMULATED DEPRECIATION 0 3,912 BULBS FOR PROJECTIOR 0 466 LESS ACCUMULATED DEPRECIATION 0 326 WLAN CONTROLLER 0 1,457 LESS ACCUMULATED DEPRECIATION 0 1,020 CISCO AIRONET ACCESS 0 2,595 LESS ACCUMULATED DEPRECIATION 0 1,817 LAPTOP-EDUC 0 1,201 LESS ACCUMULATED DEPRECIATION 0 520 EQUIPMENT NET 12,081 0 TOTAL 12,081 6,098 |
| FORM 990-EZ, PART III | THE FOUNDATION WAS ORGANIZED TO PROVIDE CONTINUING EDUCATION OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN TENNESSSEE AND IT EXISTS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE ON THE PROFESSION WITH REGARD TO EDUCATION. |
| FORM 990-EZ, PART III, LINE 31 | THE LEADERSHIP TAR PROGRAM PREPARES EMERGING REALTOR LEADERS IN TENNESSEE THROUGH RETREAT BASED INSTRUCTION CONCERNING LEADERSHIP SKILLS AND GOALS. CURRENT YEAR EXPENSE = 3,034. THE INTERN PROGRAM PROVIDES ON-THE-JOB EXPERIENCE TO SELECTED COLLEGE STUDENTS IN THE TENNESSEE ASSOCIATION OF REALTORS' EDUCATION DEPARTMENT ON COURSE REVISION AND DEVELOPMENT PROJECTS. CURRENT YEAR EXPENSE = 70. |