Form 990 for tax year 2022
Filed by FIRST TENNESSEE DEVELOPMENT DISTRICT FOUNDATION.
Totals
- Total revenue
- $363,131
- Total expenses
- $457,777
- Contributions and grants received
- $309,682
- Grants paid
- $82,169
- Program service revenue
- $0
- Investment income
- $449
- Other revenue
- $53,000
- Total assets, end of year
- $292,720
- Total liabilities, end of year
- $154,055
- Net assets or fund balances, end of year
- $138,665
- Program services expenses (Part IX)
- $457,777
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $457,777
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$308,249
-
1f · All other contributions, gifts and grants
$1,433
-
3 · Investment income
total $449 · excluded $449
-
11a · Other revenue: OTHER REVENUE
total $53,000 · related or exempt $53,000
-
11e · Other revenue, total
$53,000
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $82,169 · program services $82,169
-
11g · Fees: other
total $340,194 · program services $340,194
-
12 · Advertising and promotion
total $985 · program services $985
-
17 · Travel
total $637 · program services $637
-
23 · Insurance
total $33,279 · program services $33,279
-
24a · Other expenses: SUPPLIES
total $460 · program services $460
-
24b · Other expenses: OTHER COSTS
total $53 · program services $53
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $258,281 · end of year $87,606
-
4 · Accounts receivable
end of year $205,114
-
17 · Accounts payable and accrued expenses
beginning of year $24,970 · end of year $154,055
-
28 · Net assets with donor restrictions
beginning of year $233,311 · end of year $138,665
Mission and programs · 2022
Mission
TO ADMINISTER PROGRAMS THAT ADDRESS CRUCIAL SOCIAL ISSUES IN NORTHEAST TENNESSEE, INCLUDING FOOD INSECURITY AND SUBSTANDARD HOUSING IN OLDER LOW-INCOME ADULTS, WORKFORCE DEVELOPMENT FOR HIGH SCHOOL STUDENTS, AND CHILDHOOD LITERACY.
-
TO ASSIST FIRST TENNESSEE DEVELOPMENT DISTRICT WITH PROCUREMENT OF CHARITABLE DONATIONS AND GRANT FUNDS IN SUPPORT OF ALREADY ESTABLISHED DISTRICT PROGRAMS INCLUDING HOUSING, AGING, AND WORKFORCE INITIATIVES.
Expenses $457,777 · Grants $82,169
As filed on the 2022 return.
Listed in Part VII
-
Joe GrandyJOE GRANDY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rusty CroweRUSTY CROWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Garland EvelyGARLAND EVELY
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas HarrisonTHOMAS HARRISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
David HawkDAVID HAWK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jerry JordanJERRY JORDAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin MorrisonKEVIN MORRISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jim SellsJIM SELLS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patrick ShullPATRICK SHULL
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Glenn WhiteGLENN WHITE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Patty WoodbyPATTY WOODBY
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Richard VenableRICHARD VENABLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Curt AlexanderCURT ALEXANDER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mark DewitteMARK DEWITTE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Cal DotyCAL DOTY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Todd FowlerTODD FOWLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Larry PotterLARRY POTTER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Vince TurnerVINCE TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dean RheaDEAN RHEA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
FIRST TENNESSEE DEVELOPMENT DISTRICT
$82,169
OPERATIONS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
FIRST TENNESSEE DEVELOPMENT DISTRICT
GOVERNMENTAL · PLANNING FOR LOCAL GOVERNMENTS · TN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 January 2024
- IRS schema version
- 2022v5.0
- Source object
- 202430189349300238
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