Nonprofit · EIN 85-6300065
PROPERTIES TR
Also known as CLAY BRIGHT TTEE
Tax-exempt · NASHVILLE, TN 37215
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $291,275 | $758,888 | -$467,613 | $28,137,971 | $5,000,000 | $23,137,971 |
| December 31, 2024 | 990 | $3,191,676 | $804,343 | $2,387,333 | $23,260,001 | $1,125,819 | $22,134,182 |
| December 31, 2023 | 990 | $1,649,768 | $714,571 | $935,197 | $19,354,770 | $0 | $19,354,770 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $291,275
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $65,674
- Salaries, compensation and benefits (total)
- $70,773
- Professional fundraising fees
- $0
- Occupancy
- $48,067
- Depreciation
- $635,555
- Program services (functional)
- $682,585
- Management and general (functional)
- $57,227
- Fundraising (functional)
- $19,076
Balance sheet and other
- Total assets, start of year
- $23,260,001
- Total assets, end of year
- $28,137,971
- Total liabilities, end of year
- $5,000,000
- Net assets, end of year
- $23,137,971
- Land, buildings and equipment
- $25,984,090
- Net assets without donor restrictions
- $13,839,423
- Net assets with donor restrictions
- $9,298,548
- Gross receipts
- $291,275
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2020
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HARRY HILL MCALISTER V | CHAIR AND TRUSTEE Trustee or director, Officer | 1 | $0 |
| GREG CASHION | TRUSTEE Trustee or director | 1 | $0 |
| CRAIG BECKER | TRUSTEE Trustee or director | 1 | $0 |
| STEVE BLACKMON | TRUSTEE Trustee or director | 1 | $0 |
| JOHN HARNEY | TRUSTEE Trustee or director | 1 | $0 |
| CLAY BRIGHT | TRUSTEE Trustee or director | 1 | $0 |
| PHIL PFEFFER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG CASHION | CHAIR AND TRUSTEE Trustee or director, Officer | 1 | $0 |
| CRAIG BECKER | TRUSTEE Trustee or director | 1 | $0 |
| STEVE BLACKMON | TRUSTEE Trustee or director | 1 | $0 |
| GREG CASHION | TRUSTEE Trustee or director | 1 | $0 |
| JOHN HARNEY | TRUSTEE Trustee or director | 1 | $0 |
| HILL MCALISTER | TRUSTEE Trustee or director | 1 | $0 |
| ROB MCCABE | TRUSTEE Trustee or director | 1 | $0 |
| PHIL PFEFFER | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREG CASHION | CHAIR AND TRUSTEE Trustee or director, Officer | 0 | $0 |
| CRAIG BECKER | TRUSTEE Trustee or director | 0 | $0 |
| STEVE BLACKMON | TRUSTEE Trustee or director | 0 | $0 |
| GREG CASHION | TRUSTEE Trustee or director | 0 | $0 |
| JOHN HARNEY | TRUSTEE Trustee or director | 0 | $0 |
| HILL MCALISTER | TRUSTEE Trustee or director | 0 | $0 |
| ROB MCCABE | TRUSTEE Trustee or director | 0 | $0 |
| PHIL PFEFFER | TRUSTEE Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3414 HILLSBORO PIKE, NASHVILLE, TN 37215-1412
- In care of
- % CLAY BRIGHT - TRUSTEE
- Principal officer (990 for 2025)
- HARRY HILL MCALISTER V, 3414 HILLSBORO PIKE, NASHVILLE, TN 37215
- Signed the 990
- HARRY HILL MCALISTER V, CHAIRMAN AND TRUSTEE
- Phone
- (615) 850-8914
- Website
- WWW.MTCBSA.ORG
- Return prepared by
- LBMC PC
Mission
THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF THE MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY 90 YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTON 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.
Program accomplishments
- THE PROPERTIES TRUST UNDER AGREEMENT DATED JUNE 12, 2020 (THE 'PROPERTIES TRUST') IS A TENNESSEE CHARITABLE TRUST WHOSE PURPOSE IS TO SUPPORT THE ACTIVITIES, PURPOSES, AND MISSION OF THE MIDDLE TENNESSEE COUNCIL, INC., BOY SCOUTS OF AMERICA ('MTC'), A TENNESSEE NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER SECTION 501(C)(3) OF THE CODE THAT HAS BEEN IN EXISTENCE FOR NEARLY NINETY YEARS. FURTHER, THE PROPERTIES TRUST HAS BEEN ESTABLISHED TO BE A SUPPORTING ORGANIZATION WITHIN THE MEANING OF SECTON 509(A)(3) OF THE CODE (A 'SUPPORTING ORGANIZATION') AND, MORE SPECIFICALLY, A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3)(B)(I) OF THE CODE (A 'TYPE I SUPPORTING ORGANIZATION') WITH RESPECT TO MTC.Expenses $682,585
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-6300065
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2020
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $28,137,971
- Income (IRS master file)
- $291,275
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $291,275 | $758,888 | $28,137,971 | XML |
| 990 | December 2024 | $3,191,676 | $804,343 | $23,260,001 | XML |
| 990 | December 2023 | $1,649,768 | $714,571 | $19,354,770 | XML |
| 990 | December 2022 | $184,745 | $677,128 | $18,602,070 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 85-6300065).
Questions about PROPERTIES TR
- What is the EIN of PROPERTIES TR?
- The employer identification number (EIN) of PROPERTIES TR is 85-6300065.
- Is PROPERTIES TR tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to PROPERTIES TR tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does PROPERTIES TR 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 PROPERTIES TR due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROPERTIES TR last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of PROPERTIES TR?
- The 990 for the year ended December 31, 2025 names HARRY HILL MCALISTER V.
- Who are the officers and directors of PROPERTIES TR?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does PROPERTIES TR have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $291,275, expenses of $758,888 and total assets of $28,137,971 at year end.
Other nonprofits in NASHVILLE
- VANDERBILT UNIVERSITY MEDICAL CENTER EIN 35-2528741 · last filed 990 for 2025
- VANDERBILT UNIVERSITY EIN 62-0476822 · last filed 990 for 2025
- DIALYSIS CLINIC INC EIN 62-0850498 · last filed 990 for 2025
- BELMONT UNIVERSITY EIN 62-0465076 · last filed 990 for 2025
- LIPSCOMB UNIVERSITY EIN 62-0485733 · last filed 990 for 2025
- THE COMMUNITY FDN OF MIDDLE TN INC EIN 62-1471789 · last filed 990 for 2024
- MEHARRY MEDICAL COLLEGE EIN 62-0488046 · last filed 990 for 2025
- CENTERSTONE OF TENNESSEE INC EIN 62-1674308 · last filed 990 for 2025