Skip to main content

Nonprofit · EIN 59-1778757

METROCENTER TEACHERS APARTMENTS INC

Tax-exempt · NASHVILLE, TN 37228

Financials

$2.1M$2.3M2022$2.4M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of METROCENTER TEACHERS APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,372,058$2,540,688-$168,630$4,749,071$6,194,466-$1,445,395
December 31, 2022990$2,094,236$2,279,696-$185,460$6,434,390$7,401,276-$966,886
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,325,355
Investment income
$3,816
Other revenue
$42,887

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Depreciation
$397,457
Program services (functional)
$2,540,688

Balance sheet and other

Total assets, start of year
$5,748,708
Total assets, end of year
$4,749,071
Total liabilities, end of year
$6,194,466
Net assets, end of year
-$1,445,395
Land, buildings and equipment
$2,057,245
Net assets without donor restrictions
-$1,445,395
Gross receipts
$2,372,058
Employees
9
Volunteers
10
Year formed
1976
State of legal domicile
TN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Alfred ColemanChairman
Trustee or director, Officer
2$0
Ernestine HazelwoodVice Chair
Trustee or director, Officer
2$0
Ola G HudsonSecretary
Trustee or director, Officer
2$0
Rose Marie HowellMember
Trustee or director
0.5$0
Mary LanierMember
Trustee or director
0.5$0
Geroge Cate JrAttorney
Trustee or director
0.5$0
George KerseyMember
Trustee or director
0.5$0
Robert W Gogenmember
Trustee or director
0.5$0
Debra Edwards DeFranceManager
Trustee or director, Key employee, Highest-paid employee
40$0
Clarence C White JrMember
Trustee or director
0.5$0
990 for the year ended December 31, 2022: 10 people
NameTitleHours / weekCompensation
Debra Edwards DeFranceManager
Trustee or director, Key employee, Highest-paid employee
40$50,003
Alfred ColemanChairman
Trustee or director, Officer
2$0
Ernestine HazelwoodVice Chair
Trustee or director, Officer
2$0
Ola G HudsonSecretary
Trustee or director, Officer
2$0
Rose Marie HowellMember
Trustee or director
0.5$0
Mary LanierMember
Trustee or director
0.5$0
Geroge Cate JrAttorney
Trustee or director
0.5$0
George KerseyMember
Trustee or director
0.5$0
Robert W Gogenmember
Trustee or director
0.5$0
Clarence C White JrMember
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
451 PONDER PLACE, NASHVILLE, TN 37228-1900
Principal officer (990 for 2024)
Gwen McFarland, 451 Ponder Place, Nashville, TN 37228
Signed the 990
Gwen McFarland, Managing Partner
Phone
(615) 259-4332
Return prepared by
Foster Ballard Foster LLC

Mission

The mission of the organization is to provide quality and affordable housing to low income tenants

990 for the year ended December 31, 2024

Program accomplishments

  • Housing for Low income Tenants
    Expenses $2,540,688 · revenue $2,372,058

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
59-1778757
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1990
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P75Z)
Assets (IRS master file)
$4,749,071
Income (IRS master file)
$2,372,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,372,058$2,540,688$4,749,071XML
990December 2022$2,094,236$2,279,696$6,434,390XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 59-1778757).

Questions about METROCENTER TEACHERS APARTMENTS INC

What is the EIN of METROCENTER TEACHERS APARTMENTS INC?
The employer identification number (EIN) of METROCENTER TEACHERS APARTMENTS INC is 59-1778757.
Is METROCENTER TEACHERS APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
Are donations to METROCENTER TEACHERS APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does METROCENTER TEACHERS APARTMENTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of METROCENTER TEACHERS APARTMENTS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METROCENTER TEACHERS APARTMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of METROCENTER TEACHERS APARTMENTS INC?
The 990 for the year ended December 31, 2024 names Gwen McFarland.
Who are the officers and directors of METROCENTER TEACHERS APARTMENTS INC?
The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
How much revenue does METROCENTER TEACHERS APARTMENTS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,372,058, expenses of $2,540,688 and total assets of $4,749,071 at year end.

Other nonprofits in NASHVILLE

All nonprofits in NASHVILLE · Tennessee · Human services