2025-01-24T17:59:29-06:00 2024-06-30 431305800 UHY ADVISORS MIDWEST INC 1889 GEN GEORGE PATTON DR STE 200 FRANKLIN TN 37067 990 2023-07-01 510549810 SOUTHWEST TENNESSEE COMMUNITY DEVELOPMENT CORPORATION SOUT 7319895111 P O BOX 264 1527 WHITE AVE HENDERSON TN 38340 MIKE SMITH EXECUTIVE DIRECTOR 7319895111 2025-01-24 1 1 W CRAIG BALLENTINE P00992231 6157505537 2025-01-20 2023 2025-03-06 01:10:19Z MIKE SMITH P O BOX 264 1527 WHITE AVE HENDERSON TN 38340 588419 0 X N/A X 2015 TN TO PROVIDE DECENT AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT FOR THE LOW AND MODERATE INCOME CITIZENS OF EIGHT COUNTIES IN WEST TENNESSEE. 11 11 1 0 0 0 52414 305991 250199 251856 0 0 25983 30572 328596 588419 841 0 0 0 102661 103434 0 0 0 224220 283339 327722 386773 874 201646 2336217 2848671 23921 334729 2312296 2513942 TO PROVIDE DECENT AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT FOR THE LOW AND MODERATE INCOME CITIZENS OF EIGHT COUNTIES IN WEST TENNESSEE. 0 0 385920 282428 THE PURPOSES OF THIS CORPORATION ARE TO PROVIDE DECENT AFFORDABLE HOUSING AND COMMUNITY DEVELOPMENT (WHICH IS RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL IN NATURE) FOR THE LOW AND MODERATE INCOME CITIZENS OF CHESTER, DECATUR, HARDIN, HARDEMAN, HAYWOOD, HENDERSON, MADISON, AND MCNAIRY COUNTIES IN WEST TENNESSEE. 385920 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X FARRIS STOUT 7319895111 P O BOX 264 1527 WHITE AVE HENDERSON TN 38340 X NEAL SMITH SECRETARY/TREASURER 1.00 X X 0 0 0 BRENT BESHIRES BOARD MEMBER 1.00 X 0 0 0 MICKEY LARKINS VICE CHAIRMAN 1.00 X X 0 0 0 COLLLIS SPENCER BOARD MEMBER 1.00 X 0 0 0 ALLEN CHERRY BOARD MEMBER 1.00 X 0 0 0 ROBERT GREEN BOARD MEMBER 1.00 X 0 0 0 MELBA JOHNSON CHAIRMAN 1.00 X X 0 0 0 MARGARET MILAM BOARD MEMBER 1.00 X 0 0 0 PORTIA BURTON BOARD MEMBER 1.00 X 0 0 0 CALLESSIA SMITH BOARD MEMBER 1.00 X 0 0 0 JOHN ETTA BLACK BOARD MEMBER 1.00 X 0 0 0 0 0 0 0 0 0 0 0 305991 305991 RENTAL HOUSE INCOME 900099 251856 251856 251856 OTHER REVENUE 900099 22217 22217 OTHER 900099 7355 7355 VENDOR REFUNDS 900099 1000 1000 30572 588419 282428 0 0 97084 97084 6350 6350 21740 21740 7876 7876 6606 6606 81023 81023 41578 41578 MAINTENANCE 106802 106802 MISCELLANEOUS 15676 15676 DONATIONS 1185 1185 ADMINISTRATIVE COSTS 853 853 386773 385920 853 0 100596 83172 46233 312090 3275852 822443 2189388 2453409 2336217 2848671 23921 326998 0 7731 23921 334729 X 2238051 2500230 74245 13712 2312296 2513942 2336217 2848671 201646 0 X 0 1 X 1 0 X 494719 137070 107701 52414 305991 1097895 219999 223302 242462 276182 260211 1222156 714718 360372 350163 328596 566202 2320051 0 0 0 2320051 714718 360372 350163 328596 566202 2320051 1.00000 1.00000 0.00000 X 29900 29900 3245952 822443 2423509 2453409 ACCRUED EXPENSES 7731 7731 X 566202 0 566202 22217 22217 588419 386773 0 386773 0 386773 PART X, LINE 2: WE ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND QUALIFY FOR CHARITABLE DEDUCTION. WE ARE NOT CLASSIFIED AS A PRIVATE ORGANIZATION. IN ACCOUNTING FOR UNCERTAIN INCOME TAXES, WE RECOGNIZED A TAX POSITION AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT GREATER THAN 50 PERCENT LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. AT JUNE 30, 2024, WE HAVE NO UNCERTAIN TAX POSITIONS. WE RECOGNIZED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST AND INCOME TAX EXPENSE, RESPECTIVELY. WE HAVE NO AMOUNTS ACCRUED FOR INTEREST OR PENALTIES AS OF JUNE 30, 2024. WE ARE NO LONGER SUBJECT TO EXAMINATION BY U.S FEDERAL AND STATE TAXING AUTHORITIES FOR FISCAL YEARS ENDING BEFORE 2021. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER REVENUE FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS REVIEW THE 990 EITHER IN A BOARD MEETING OR INDIVIDUALLY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN THE EVENT OF A CONFLICT OF INTEREST, THAT BOARD MEMBER IS NOT ALLOWED TO VOTE ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15 EMPLOYEE COMPENSATION DISCUSSED WITH BOARD MEMBERS ANNUALLY. ALSO INCLUDED IN BUDGET PRESENTATION. BOTH REQUIRE BOARD APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST.