Nonprofit · EIN 86-0344610
TANNER TERRACE INC
Tax-exempt · PHOENIX, AZ 85034
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $26,449,565 | $2,571,569 | $23,877,996 | $23,438,335 | $6,000 | $23,432,335 |
| September 30, 2024 | 990 | $1,701,254 | $1,677,462 | $23,792 | $1,499,739 | $1,981,830 | -$482,091 |
| September 30, 2023 | 990 | $2,524,176 | $2,413,644 | $110,532 | $1,463,961 | $1,969,844 | -$505,883 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,332,506
- Investment income
- $25,112,243
- Net gain from sales of assets
- $25,112,243
- Other revenue
- $4,816
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $195,991
- Salaries, compensation and benefits (total)
- $239,224
- Professional fundraising fees
- $0
- Legal fees
- $2,600
- Accounting fees
- $36,338
- Occupancy
- $1,693,235
- Program services (functional)
- $2,117,207
- Management and general (functional)
- $454,362
Balance sheet and other
- Total assets, start of year
- $1,499,739
- Total assets, end of year
- $23,438,335
- Total liabilities, end of year
- $6,000
- Net assets, end of year
- $23,432,335
- Net assets without donor restrictions
- $23,432,335
- Gross receipts
- $27,337,322
- Employees
- 8
- Year formed
- 1977
- State of legal domicile
- AZ
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGIL JACKIE BERRY | TREASURER Trustee or director, Officer | 1 | $0 |
| KERWIN BROWN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| LC DEMON CAREY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL DEAN | DIRECTOR Trustee or director | 1 | $0 |
| ADORA GRIFFIN | DIRECTOR Trustee or director | 1 | $0 |
| THERESA HALE | SECRETARY Trustee or director, Officer | 1 | $0 |
| LEAH LANDRUM-TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| DR LOTTIE LECIAN | DIRECTOR Trustee or director | 1 | $0 |
| PHYLLIS RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| JACQUELYN TOLIVER | DIRECTOR Trustee or director | 1 | $0 |
| TERESA TONEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGIL JACKIE BERRY | TREASURER Trustee or director, Officer | 1 | $0 |
| KERWIN BROWN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| LC DEMON CAREY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL DEAN | DIRECTOR Trustee or director | 1 | $0 |
| ADORA GRIFFIN | DIRECTOR Trustee or director | 1 | $0 |
| THERESA HALE | SECRETARY Trustee or director, Officer | 1 | $0 |
| LEAH LANDRUM-TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| DR LOTTIE LECIAN | DIRECTOR Trustee or director | 1 | $0 |
| PHYLLIS RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| JACQUELYN TOLIVER | DIRECTOR Trustee or director | 1 | $0 |
| TERESA TONEY | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| VIRGIL JACKIE BERRY | TREASURER Trustee or director, Officer | 1 | $0 |
| KERWIN BROWN | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| LC DEMON CAREY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MICHAEL DEAN | DIRECTOR Trustee or director | 1 | $0 |
| THERESA HALE | SECRETARY Trustee or director, Officer | 1 | $0 |
| DR LOTTIE LECIAN | DIRECTOR Trustee or director | 1 | $0 |
| ADORA LEWIS | DIRECTOR Trustee or director | 1 | $0 |
| PHYLLIS RODRIGUEZ | DIRECTOR Trustee or director | 1 | $0 |
| LEAH LANDRUM TAYLOR | DIRECTOR Trustee or director | 1 | $0 |
| JACQUELYN TOLIVER | DIRECTOR Trustee or director | 1 | $0 |
| TERESA TONEY | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 700 E JEFFERSON ST STE 230, PHOENIX, AZ 85034-2204
- In care of
- % DELMONTE EDWARDS
- Principal officer (990 for 2024)
- LC DEMON CAREY, 700 E JEFFERSON STREET SUITE 230, PHOENIX, AZ 85034
- Signed the 990
- LC DEMON CAREY, PRESIDENT
- Phone
- (602) 243-1036
- Return prepared by
- CHRISTEN SOUERS LLC
Mission
TANNER TERRACE PROVIDES AFFORDABLE HOUSING FOR LOW INCOME ELDERLY RESIDENTS.
Program accomplishments
- PROVIDING AFFORDABLE HOUSING FOR LOW INCOME ELDERLY RESIDENTS.Expenses $2,117,207 · revenue $1,332,506
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 86-0344610
- 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
- 1978
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $23,438,335
- Income (IRS master file)
- $27,337,322
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $26,449,565 | $2,571,569 | $23,438,335 | XML |
| 990 | September 2024 | $1,701,254 | $1,677,462 | $1,499,739 | XML |
| 990 | September 2023 | $2,524,176 | $2,413,644 | $1,463,961 | XML |
| 990 | September 2022 | $1,615,824 | $1,888,853 | $1,610,430 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 86-0344610).
Questions about TANNER TERRACE INC
- What is the EIN of TANNER TERRACE INC?
- The employer identification number (EIN) of TANNER TERRACE INC is 86-0344610.
- Is TANNER TERRACE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to TANNER TERRACE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TANNER TERRACE 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 TANNER TERRACE INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TANNER TERRACE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of TANNER TERRACE INC?
- The 990 for the year ended September 30, 2025 names LC DEMON CAREY.
- Who are the officers and directors of TANNER TERRACE INC?
- The 990 for the year ended September 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does TANNER TERRACE INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $26,449,565, expenses of $2,571,569 and total assets of $23,438,335 at year end.
Other nonprofits in PHOENIX
- BANNER HEALTH EIN 45-0233470 · last filed 990 for 2024
- MERCY CARE EIN 86-0527381 · last filed 990 for 2025
- DIGNITY COMMUNITY CARE EIN 81-5009488 · last filed 990 for 2025
- COMMONSPIRIT HEALTH EIN 47-0617373 · last filed 990 for 2025
- GRAND CANYON UNIVERSITY EIN 47-2507725 · last filed 990 for 2025
- COMMONSPIRIT WASHINGTON EIN 91-0564491 · last filed 990 for 2025
- BANNER UNIVERSITY FAMILY CARE EIN 46-3766901 · last filed 990 for 2024
- PHOENIX CHILDRENS HOSPITAL EIN 86-0422559 · last filed 990 for 2024