TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC: Form 990EZ, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- TENNESSEE REAL ESTATE EDUCATIONAL FOUNDATION INC (EIN 23-7401331)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-03-06
- IRS object ID
- 201330659349200313
- Schema version
- 2012v2.0
- 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) |
|---|---|---|
| Timestamp | 2013-03-06T12:28:15-08:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Yeary Howell & Associates | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 East Iris Drive | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237401331 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Tennessee Real Estate Educational | BusinessNameLine1 |
| Business Name Line2 | Foundation Inc | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TENN | NameControl |
| Phone | 6153211477 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 19th Ave South | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 37212 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEPHEN HARDING | Name |
| Title | EXECUTIVE VP | Title |
| Date Signed | 2013-03-06 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Hubert E Yeary | Name |
| PTIN | P01061750 | PTIN |
| Phone | 6153851008 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | X | MethodOfAccountingCash |
| Schedule B Not Required | X | ScheduleBNotRequired |
| Web Site | N/A | WebSite |
| Organization501c3 | X | Organization501c3 |
| Gross Receipts | 112174 | GrossReceipts |
| Info In Schedule O Part I | X | InfoInScheduleOPartI |
| Program Service Revenue | 92313 | ProgramServiceRevenue |
| Investment Income | 3460 | InvestmentIncome |
| Cost Other Basis And Sales Expenses | 0 | CostOtherBasisAndSalesExpenses |
| Fundraising Gross Income | 16401 | FundraisingGrossIncome |
| Special Events Direct Expenses | 0 | SpecialEventsDirectExpenses |
| Special Events Net Income Loss | 16401 | SpecialEventsNetIncomeLoss |
| Cost Of Goods Sold | 0 | CostOfGoodsSold |
| Total Revenue | 112174 | TotalRevenue |
| Fees And Oth Pymt To Ind Contractors | 13474 | FeesAndOthPymtToIndContractors |
| Other Expenses Total | 119269 | OtherExpensesTotal |
| Total Expenses | 132743 | TotalExpenses |
| Excess Or Deficit For Year | -20569 | ExcessOrDeficitForYear |
| Net Assets Or Fund Balances BOY | 516799 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 496230 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part II | X | InfoInScheduleOPartII |
Cash Savings And Investments CashSavingsAndInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 487131 | BOY |
| EOY | 474685 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 29668 | BOY |
| EOY | 21545 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 516799 | BOY |
| EOY | 496230 | EOY |
Net Assets Or Fund Balances NetAssetsOrFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 516799 | BOY |
| EOY | 496230 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Primary Exempt Purpose | FOUNDATION WAS ORGANIZED TO PROVIDE CONTINUING EDUCATIONAL OPPORTUNITIES TO THE REAL ESTATE INDUSTRY IN TENNESSEE AND EXISTS FOR THE PURPOSE OF EXERTING A BENEFICIAL INFLUENCE UPON THE PROFESSION WITH REGARD TO EDUCATION. | PrimaryExemptPurpose |
Program Service Accomplishment ProgramServiceAccomplishment (5 entries)
| Description Program Service AccomDescriptionProgramServiceAccom | Grants And AllocationsGrantsAndAllocations |
|---|---|
| SPONSORSHIP OF THE TENNESSEE ASSOCIATION OF REALTORS ANNUAL SPRING CONFERENCE AND CONVENTION SPONSORSHIP | 20000 |
| THE INTERNSHIP PROGRAM PROVIDES ON-THE-JOB-EXPERIENCE TO SELECTED COLLEGE STUDENTS IN THE TN ASSOCIATION OF REALTORS'S EDUCATIONAL DEPARTMENT ON COURSE REVISION AND DEVELOPMENT PROJECTS. | 2041 |
| THE LEADERSHIP TAR PROGRAM PREPARES EMERGING REALTOR LEADERS IN TENNESSEE THROUGH RETREAT-BASED INSTRUCTION CONCERNING LEADERSHIP SKILS AND GOALS. | 10579 |
| CERTAIN ON-LINE COURSES AND OTHER MISCELLANEOUS COURCES ARE OFFERED THAT PROMOTE THE EXEMPT PURPOSE OF PROVIDING CONTINUEING EDUCATION TO MEMBERS OF TN ASSOCIATION OF REALTORS. | 12086 |
| GRADUATE REALTOR INSTITUTE (GRI) PROGRAM OFFERS EDUCATIONAL INSTRUCTION TO MEMBERS OF TN ASSOCIATION OF REALTORS PURSUING THE GRI DESIGNATION. | 51290 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | 95996 | TotalProgramServiceExpenses |
| Info In Schedule O Part IV | X | InfoInScheduleOPartIV |
Officer Director Trustee Key Empl OfficerDirectorTrusteeKeyEmpl (16 entries)
| TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation |
|---|---|---|
| B J SWINEHART | ||
| Trustee | 0 | 0 |
| PAT SEYMOUR | ||
| Treasurer | 2.00 | 0 |
| BOBBIE NOREEN | ||
| Trustee | 2.00 | 0 |
| JEWELL MCKINNEY | ||
| Trustee | 2.00 | 0 |
| CLARISSA HILLS BROWN | ||
| Trustee | 2.00 | 0 |
| AMANDA STRONG | ||
| Trustee | 2.00 | 0 |
| MARY W SHARP | ||
| Trustee | 2.00 | 0 |
| PATTY RAINEY | ||
| Trustee | 2.00 | 0 |
| TAWNY KING | ||
| Trustee | 2.00 | 0 |
| MARLENE RAKOW | ||
| PRESIDENT ELECT | 2.00 | 0 |
| GARY BLUME | ||
| TRUSTEE OF COUN | 2.00 | 0 |
| LIZ KEMP | ||
| Trustee | 2.00 | 0 |
| RON GUY | ||
| Trustee | 2.00 | 0 |
| LEON DICKSON | ||
| Trustee | 2.00 | 0 |
| KAYTHY TUCKER | ||
| Secretary | 2.00 | 0 |
| BODDY WOOD | ||
| President | 2.00 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRpt |
| Made Changes To Orgnzng Etc Doc | false | MadeChangesToOrgnzngEtcDoc |
| Organization Had UBI | false | OrganizationHadUBI |
| Organization Filed990 T | false | OrganizationFiled990T |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Organization Dissolved Etc | false | OrganizationDissolvedEtc |
| Did Org File Form1120 POL This Year | false | DidOrgFileForm1120POLThisYear |
| Made Loans To From Officers | false | MadeLoansToFromOfficers |
| Initiation Fees And Capital Contri | 0 | InitiationFeesAndCapitalContri |
| Gross Receipts For Public Use | 0 | GrossReceiptsForPublicUse |
| Engaged In Excess Benefit Trans | true | EngagedInExcessBenefitTrans |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TN REALTOR EDUCATIONAL FDN | NamePerson |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901-19th AVENUE SOUTH | AddressLine1 |
| City | Nashville | City |
| State | TN | State |
| ZIP Code | 372122137 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 6153211477 | TelephoneNumber |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccount |
| Foreign Office | false | ForeignOffice |
| Maintain Any Donor Advised Funds | false | MaintainAnyDonorAdvisedFunds |
| Does Org Have Hospital | false | DoesOrgHaveHospital |
| Tanning Services Provided | false | TanningServicesProvided |
| Form720 Filed | false | Form720Filed |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction With Control Entity | false | TransactionWithControlEntity |
| Engage Political Cmpgn Activities | false | EngagePoliticalCmpgnActivities |
| Engage In Lobbying Activities | false | EngageInLobbyingActivities |
| Operating School | true | OperatingSchool |
| Trnsfrs Exempt Non Char Related Org | false | TrnsfrsExemptNonCharRelatedOrg |
| Related Org Section527 Org | false | RelatedOrgSection527Org |
| Part VI Of Comp Of Highest Paid Empl | NONE | PartVIOfCompOfHighestPaidEmpl |
| Part VIA Hghst Paid Cntrct Prof Ser | NONE | PartVIAHghstPaidCntrctProfSer |
| Filed Schedule A | true | FiledScheduleA |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | false | MaintRacialCompositionRecords |
| Maint Scholarships Records | false | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | false | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | Since classes are open to any Realtor, records of this nature are not necessary. |
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | All classes offered by the Foundation are open to any Realtor without regard to gender or race |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | SALE OF TN REALTOR LICENSE TAGS BY STATE | NameOfEvent1 |
| Gross Receipts Event1 | 16401 | GrossReceiptsEvent1 |
| Gross Revenue Event1 | 16401 | GrossRevenueEvent1 |
| Gross Receipts Total | 16401 | GrossReceiptsTotal |
| Gross Revenue Total Events | 16401 | GrossRevenueTotalEvents |
| Net Income Summary | 16401 | NetIncomeSummary |
Form990 Schedule G Part IV Form990ScheduleGPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule G - Additional Information | Identifier |
| Explanation | Sale of State of Tennessee vehicle license plates through the State of Tennessee | Explanation |
Schedule L IRS990ScheduleL
DQP Table DQPTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Corrected | false | TransactionCorrected |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Form 990-EZ, Part II, Line 24.1002 | Other Assets.1002 | Furniture and Fixtures - Beginning $29668 Furniture and Fixtures - Ending $21545 |
| Form 990-EZ, Part I, Line 16.4 | Other Expenses.4 | Other costs $1628 |
| Form 990-EZ, Part I, Line 16.3 | Other Expenses.3 | Communication and marketing $2740 |
| Form 990-EZ, Part I, Line 16.2 | Other Expenses.2 | Accreditation fee $3875 |
| Form 990-EZ, Part I, Line 16.1 | Other Expenses.1 | Program costs $95996 |
| Form 990-EZ, Part I, Line 16.1009 | Other Expenses.1009 | Depreciation $9324 |
| Form 990-EZ, Part I, Line 16.1005 | Other Expenses.1005 | Travel $2795 |
| Form 990-EZ, Part I, Line 16.1002 | Other Expenses.1002 | Office Expenses $2911 |