BINGHAMPTON DEVELOPMENT CORPORATION: Form 990, tax year 2012

View the entire original 990 at ProPublica ↗

Organization: BINGHAMPTON DEVELOPMENT CORPORATION (EIN 20-0062075)
Tax period: 2012-07-01 to 2013-06-30
Filed: 2014-02-04
IRS object ID: 201410359349300236
Schema version: 2012v2.3
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2014-02-04T14:47:32-06:00	Timestamp
Tax Period End Date	2013-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	DELBROCCO & ASSOCIATES PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	4735 SPOTTSWOOD SUITE 201	AddressLine1
City	MEMPHIS	City
State	TN	State
ZIP Code	38117	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2012-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200062075	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	BINGHAMPTON DEVELOPMENT CORPORATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	BING	NameControl
Phone	9012291774	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 111447	AddressLine1
City	MEMPHIS	City
State	TN	State
ZIP Code	38111	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	ROBERT MONTAGUE	Name
Title	EXECUTIVE DIRECTOR	Title
Phone	9012291774	Phone
Date Signed	2014-01-28	DateSigned
Authorize Third Party	false	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	PETER F VOEHRINGER	Name
Phone	9016819272	Phone
Date Prepared	2014-01-28	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2012	TaxYear
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	ROBERT MONTAGUE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	280 TILLMAN	AddressLine1
City	MEMPHIS	City
State	TN	State
ZIP Code	38112	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	2568759	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	BDCMEMPHIS.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2003	YearFormation
State Legal Domicile	TN	StateLegalDomicile
Activity Or Mission Description	REVITALIZATION OF THE BINGHAMPTON NEIGHBORHOOD OF MEMPHIS, TENNESSEE, THROUGH HOUSING AND ECONOMIC DEVELOPMENT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	14	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	14	NbrIndependentVotingMembers
Total Nbr Employees	31	TotalNbrEmployees
Total Nbr Volunteers	650	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	964620	ContributionsGrantsPriorYear
Contributions Grants Current Year	2167190	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	144550	ProgramServiceRevenuePriorYear
Program Service Revenue CY	229651	ProgramServiceRevenueCY
Investment Income Prior Year	195	InvestmentIncomePriorYear
Investment Income Current Year	64	InvestmentIncomeCurrentYear
Other Revenue Prior Year	15895	OtherRevenuePriorYear
Other Revenue Current Year	52141	OtherRevenueCurrentYear
Total Revenue Prior Year	1125260	TotalRevenuePriorYear
Total Revenue Current Year	2449046	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	481335	SalariesEtcPriorYear
Salaries Etc Current Year	526224	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	8290	TotalFundrsngExpCurrentYear
Other Expense Prior Year	434681	OtherExpensePriorYear
Other Expenses Current Year	391169	OtherExpensesCurrentYear
Total Expenses Prior Year	916016	TotalExpensesPriorYear
Total Expenses Current Year	917393	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	209244	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1531653	RevenuesLessExpensesCY
Total Assets BOY	3526499	TotalAssetsBOY
Total Assets EOY	4878780	TotalAssetsEOY
Total Liabilities BOY	1458431	TotalLiabilitiesBOY
Total Liabilities EOY	1279059	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2068068	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	3599721	NetAssetsOrFundBalancesEOY
Mission Description	REVITALIZATION OF THE BINGHAMPTON NEIGHBORHOOD OF MEMPHIS, TENNESSEE, THROUGH HOUSING AND ECONOMIC DEVELOPMENT.	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	840149	Expense
Description	BUILD A HEALTHY COMMUNITY BY SUPPORTING THE REVITALIZATION OF THE BINGHAMPTON NEIGHBORHOOD OF MEMPHIS, TENNESSEE, THROUGH HOUSING AND ECONOMIC DEVELOPMENT.	Description
Total Program Service Expense	840149	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	true	RelatedEntity
Related Org Controlled Entity	true	RelatedOrgControlledEntity
Transaction Related Entity	true	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	false	ScheduleORequired
Number Forms Transmitted With1096	12	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	31	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	14	NbrVotingGoverningBodyMembers
Number Independent Voting Members	14	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	true	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	true	CompensationProcessCEO
Compensation Process Other	true	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	MR ROBERT M MONTAGUE	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	9012291774	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	280 TILLMAN	AddressLine1
City	MEMPHIS	City
State	TN	State
ZIP Code	38112	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
ROBERT MONTAGUE
EXECUTIVE DI	40.00	X	X	55893	0	0
PHIL MISCHKE
CHAIRMAN	1.30	X		0	0	0
BRIAN CRENSHAW
SECRETARY	5.00	X		0	0	0
STEPHEN W BOWIE
BOARD MEMBER	5.00	X		0	0	0
ROY CAMPBELL
BOARD MEMBER	1.00	X		0	0	0
NATHAN COOK
BOARD MEMBER	1.00	X		0	0	0
MARGARET GILLAND
BOARD MEMBER	1.00	X		0	0	0
LUTISH IVY
BOARD MEMBER	1.00	X		0	0	0
TOM MARINO
BOARD MEMBER	1.00	X		0	0	0
WALTER CASEY
BOARD MEMBER	1.00	X		0	0	0
JEANITA DAVIS
BOARD MEMBER	1.00	X		0	0	0
PAUL MAKRIS
BOARD MEMBER	1.00	X		0	0	0
MALCOM RAWLS
BOARD MEMBER	1.00	X		0	0	0
MIKE CLOUTIER
BOARD MEMBER		X		0	0	0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	55893	TotalReportableCompFromOrg
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	2167190	AllOtherContributions
Total Contributions	2167190	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RENOVATED LOW-INCOME HOUSING	241401	241401
LOSS FROM SUBSIDIARY	-11750	-11750

Field	Value	IRS element (for citing)
Total Program Service Revenue	229651	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	64	TotalRevenueColumn
Exclusion	$64	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	154837	GrossSalesOfInventory
Cost Of Goods Sold	119713	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	35124	TotalRevenueColumn
Related Or Exempt Function Income	35124	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	MANAGEMENT FEES	Description
Total Revenue Column	17017	TotalRevenueColumn
Related Or Exempt Function Income	17017	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	17017	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	2449046	TotalRevenueColumn
Related Or Exempt Function Income	281792	RelatedOrExemptFunctionIncome
Exclusion	$64	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	55893	Total
Program Services	41920	ProgramServices
Management And General	13973	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	378182	Total
Program Services	377143	ProgramServices
Management And General	1039	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	58915	Total
Program Services	44186	ProgramServices
Management And General	14729	ManagementAndGeneral

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	33234	Total
Program Services	32086	ProgramServices
Management And General	1148	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	23138	Total
Management And General	23138	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	2375	Total
Program Services	1781	ProgramServices
Management And General	594	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	4430	Total
Program Services	4430	ProgramServices

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	2520	Total
Program Services	2520	ProgramServices

Interest Interest

Field	Value	IRS element (for citing)
Total	293	Total
Program Services	220	ProgramServices
Management And General	73	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	18084	Total
Program Services	13563	ProgramServices
Management And General	4521	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	47708	Total
Program Services	42177	ProgramServices
Management And General	5531	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
COMMUNITY PROGRAMS	148698	148698
PROPERTY TAXES	40647	40162	485
REPAIRS AND MAINTENANCE	31324	31324
OFFICE	18627	10337		8290

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	53325	Total
Program Services	49602	ProgramServices
Management And General	3723	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	917393	Total
Program Services	840149	ProgramServices
Management And General	68954	ManagementAndGeneral
Fundraising	8290	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	218106	BOY
EOY	208250	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1110191	BOY
EOY	450002	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	130094	BOY
EOY	289993	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	49174	BOY
EOY	30190	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1397295	BOY
EOY	1631062	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	30667	BOY
EOY	41321	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1934262	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	80771	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	240552	BOY
EOY	1853491	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	350420	BOY
EOY	374471	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	3526499	BOY
EOY	4878780	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	76484	BOY
EOY	191753	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	625432	BOY
EOY	1077671	EOY

Unsecured Notes Loans Payable UnsecuredNotesLoansPayable

Field	Value	IRS element (for citing)
BOY	9635	BOY
EOY	9635	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	746880	BOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	1458431	BOY
EOY	1279059	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1999638	BOY
EOY	3142888	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1132	BOY
EOY	389535	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	67298	BOY
EOY	67298	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2068068	BOY
EOY	3599721	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	3526499	BOY
EOY	4878780	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	1531653	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited

FS Audited Basis FSAuditedBasis

Field	Value	IRS element (for citing)
Financial Statement Consolidated	X	FinancialStatementConsolidated

Field	Value	IRS element (for citing)
Federal Grant Audit Required	true	FederalGrantAuditRequired
Federal Grant Audit Performed	true	FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	489885	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	744999	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	917118	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	964620	CurrentTaxYearMinus1Year
Current Tax Year	2167190	CurrentTaxYear
Total	5283812	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	489885	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	744999	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	917118	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	964620	CurrentTaxYearMinus1Year
Current Tax Year	2167190	CurrentTaxYear
Total	5283812	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	344662	AmountsSubstContributorsTotal
Public Support Total170	4939150	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	114336	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	108919	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	124776	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	144550	CurrentTaxYearMinus1Year
Current Tax Year	229651	CurrentTaxYear
Total	722232	Total

Field	Value	IRS element (for citing)
Total Support	6006044	TotalSupport
Gross Receipts From Admissions Etc	401505	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.82240	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.70650	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	51596	OtherCostOrOtherBasis
Book Value	51596	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	1882666	OtherCostOrOtherBasis
Depreciation	80771	Depreciation
Book Value	1801895	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	1853491	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	INVESTMENT IN SUBSIDIARY	Description
Book Value	374471	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	374471	TotalBookValueOtherAssets
Tot Revenue Etc Audited Fincl Stmt	2518684	TotRevenueEtcAuditedFinclStmt
Other Revenues	69638	OtherRevenues
Revenue Not Rptd F990	69638	RevenueNotRptdF990
Revenue Subtotal	2449046	RevenueSubtotal
Total Revenue Per Form990	2449046	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	987031	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	69638	OtherExpensesIncluded
Expenses Not Rptd F990	69638	ExpensesNotRptdF990
Expenses Subtotal	917393	ExpensesSubtotal
Total Expenses Per Form990	917393	TotalExpensesPerForm990

Form990 Schedule D Part XIII Form990ScheduleDPartXIII (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 2D	REVENUES OF CONSOLIDATED SUBSIDIARY NOT INCLUDED IN RETURN 69,638
EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 2D	EXPENSES OF CONSOLIDATED SUBSIDIARY NOT INCLUDED IN RETURN 69,638

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	NO REVIEW WAS OR WILL BE CONDUCTED.
ENFORCEMENT OF CONFLICTS POLICY	FORM 990, PAGE 6, PART VI, LINE 12C	THE BOARD OF DIRECTORS MEETS QUARTERLY TO REVIEW VARIOUS MATTERS INCLUDING FINANCIAL PERFORMANCE AND CONFLICT OF INTEREST DISCLOSURES (IF APPLICABLE). UPON DISCOVERY OF ANY CONFLICTS OF INTEREST, THE RESOLUTION OF THE MATTER SHALL BE DECIDED BY A MAJORITY VOTE OF THE BOARD.
COMPENSATION PROCESS FOR TOP OFFICIAL	FORM 990, PAGE 6, PART VI, LINE 15A	THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE TOP OFFICIALS AND EVALUATES THE PAY RATES TO ENSURE COMPENSATION IS WITHIN RANGE OFFERED BY OTHER NONPROFIT ENTITIES FOR THE APPROPRIATE JOB DESCRIPTION.
COMPENSATION PROCESS FOR OFFICERS	FORM 990, PAGE 6, PART VI, LINE 15B	THE BOARD OF DIRECTORS AND EXECUTIVE DIRECTOR REVIEW THE COMPENSATION OF EACH EMPLOYEE AND EVALUATES THE PAY RATES TO ENSURE COMPENSATION IS WITHIN THE RANGE OFFERED BY OTHER NONPROFIT ENTITIES FOR THE APPROPRIATE JOB DESCRIPTION.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
RECONCILIATION OF CHANGES - OTHER	FORM 990, PART XI, LINE 9	REVENUES OF CONSOLIDATED SUBSIDIARY NOT INCLUDED IN RETURN 69,638 EXPENSES OF CONSOLIDATED SUBSIDIARY NOT INCLUDED IN RETURN -69,638

Schedule R IRS990ScheduleR

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	TILLMAN APARTMENTS INC	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	280 TILLMAN	AddressLine1
City	MEMPHIS	City
State	TN	State
ZIP Code	38112	ZIPCode

Field	Value	IRS element (for citing)
EIN	205796083	EIN
Primary Activity	RENTAL	PrimaryActivity
Legal Domicile State	TN	LegalDomicileState
Direct Controlling Entity NA	N/A	DirectControllingEntityNA
Controlled Org	true	ControlledOrg

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	false	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	false	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	false	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	false	LoansOrGuaranteesFromOtherOrg
Dividends Related Organization	false	DividendsRelatedOrganization
Sale Of Assets To Other Org	false	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	false	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	false	ExchangeOfAssets
Rental Of Facilities To Other Orgs	false	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	false	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	false	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	false	PerformOfServicesByOtherOrgs
Sharing Of Facilities	false	SharingOfFacilities
Sharing Of Paid Employees	false	SharingOfPaidEmployees
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	false	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	false	OtherTransferToOtherOrg
Other Transfer From Other Org	false	OtherTransferFromOtherOrg