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Nonprofiteer
← COMMUNITY ACTION FOR AFFORDABLE NEIGHBORHOODS

Form 990-EZ for tax year 2022

Filed by COMMUNITY ACTION FOR AFFORDABLE NEIGHBORHOODS.

Totals

Total revenue
$0
Total expenses
$376,355
Contributions and grants received
not reported
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$1,876
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,876
Program service expenses (Part III)
$0

Program services were 0.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2022

Primary exempt purpose

TO PROVIDE FINANCIAL AND CONSTRUCTION SERVICES TO LOW INCOME INDIVIDUALS AND FAMILIES IN KNOXVILLE WHO WISH TO PURCHASE OR CONSTRUCT A HOME IN THE CITY LIMITS.

  • COMMUNITY ACTION FOR AFFORDABLE NEIGHBORHOODS (CAAN) IS AN ORGANIZATION DEDICATED TO ASSISTING LOW INCOME INDIVIDUALS AND FAMILIES WITH HOUSING IN THE KNOXVILLE CITY LIMITS. CAAN PROVIDES FINANCIAL COUNSELING TO REPAIR BAD CREDIT AND ASSIST WITH FINDING A MORTGAGE FROM A LENDER. ONCE A MORTGAGE IS OBTAINED, CAAN CONTINUES TO PROVIDE COUNSELING TO HELP WITH FINANCIAL MANAGEMENT. CAAN FOCUSES ON SUSTAINABLE CONSTRUCTION AND WILL ADVISE POTENTIAL HOME BUYERS ABOUT AVAILABLE PROPERTIES. CAAN WILL OVERSEE NEW CONTRUCTION FOR SUSTAINABLE PRACTICES AND ENERGY EFFICIENCY TO ASSIST THE HOME BUYER IN SAVING ON UTILITIES. IF THE HOME BUYER IS PURCHASING RATHER THAN BUILDING, CAAN WILL INSPECT THE PROPERTY TO DETERMINE WHAT WORK NEEDS TO BE DONE TO MEET CAAN'S REQUIREMENTS, LOCAL BUILDING CODES, AND ENERGY STAR REQUIREMENTS. CAAN ASSISTS HOMEBUYERS THROUGHOUT EACH PHASE OF THE PROJECT. CAAN ALSO PROVIDES USEFUL AND INFORMATIVE HOME OWNERSHIP TRAINING PROGRAMS TO PREPARE BUYERS FOR TRANSITIONING FROM TENANT TO HOME OWNERSHIP. CAAN WILL DO THIS FOR NOT LESS THAN A PERIOD OF FIVE YEARS WHILE MAINTAINING REGULAR COMMUNICATION WITH HOME OWNERS AFTER CLOSING. HOME VISITS ARE ALSO SCHEDULED TO ADVISE HOMEOWNERS WITH HOUSING MAINTENANCE ISSUES AS THEY MAY ARISE.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • POLLY DOKA

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • SYLVIA WOODS

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DALE GRUBBS

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • MARIAN BAILEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • DESIREE BEASLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • LARRY WRIGHT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202401319349201690

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