2022-05-16T13:53:00-05:00 2021-12-31 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2021-01-01 626050949 METRO NASHVILLE TEACHERS' APARTMENTS INC METR 6152977536 2209 ABBOTT MARTIN ROAD NASHVILLE TN 37215 DAVID RAWLINGS CHAIRPERSON 6156041757 2022-05-16 1 DAVID RAWLINGS 999009999 KEN YOUNGSTEAD P00320901 6152427351 2022-05-16 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z DAVID RAWLINGS 3810 BEDFORD AVENUE SUITE 300 NASHVILLE TN 37215 1214487 0 X N/A X 1967 TN TO PROVIDE INDEPENDENT AFFORDABLE HOUSING FOR SENIORS 62 AND OLDER. 9 9 0 10 0 0 0 0 1077051 1069860 -7282 5097 88214 94448 1157983 1169405 0 0 0 0 0 0 0 0 0 849138 853386 849138 853386 308845 316019 5091429 5331437 1170645 1094634 3920784 4236803 TO PROVIDE A HIGH QUALITY RESIDENTIAL EXPERIENCE FOR LOWER INCOME SENIOR CITIZENS AT THE MOST AFFORDABLE RATES POSSIBLE. 0 0 755008 1091628 PROVIDED A HIGH QUALITY RESIDENTIAL EXPERIENCE FOR LOWER INCOME SENIOR CITIZENS AT THE MOST AFFORDABLE RATES POSSIBLE BY OPERATING A 136-UNIT APARTMENT COMPLEX IN NASHVILLE, TENNESSEE. 755008 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 TN X KIRBY DAVIS - FREEMAN WEBB COMPANY 6152712714 3810 BEDFORD AVENUE SUITE 300 NASHVILLE TN 37215 X X DAVID RAWLINGS CHAIRPERSON 2.00 X X 0 0 0 WARREN D SMITH III VICE CHAIRPERSON 2.00 X X 0 0 0 LUANNE WALTEMATH SECRETARY 2.00 X X 0 0 0 ROBERT H NAPIER DIRECTOR 2.00 X 0 0 0 JAMES JIM CROSSMAN DIRECTOR 2.00 X 0 0 0 STEVE DAVIS TREASURER 2.00 X X 0 0 0 MADISON HAYNES DIRECTOR 2.00 X 0 0 0 JAMES JIM SHULMAN DIRECTOR 2.00 X 0 0 0 MANDY WACHTLER DIRECTOR 2.00 X 0 0 0 LEIGHTON LILES BEG 1121 DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 ORION BUILDING CORPORATION 9025 OVERLOOK BLVD BRENTWOOD TN 37027 WINDOW INSTALLATION 700455 FREEMAN WEBB 3810 BEDFORD AVE 300 NASHVILLE TN 37215 MANAGEMENT COMPANY 230556 2 RENTAL INCOME 531110 1047881 1047881 UTILITY INCOME 532000 9989 9989 LAUNDRY AND VENDING 812300 9092 9092 TENANT CHARGES 532000 2898 2898 1069860 5097 5097 117762 45082 72680 72680 72680 MISCELLANEOUS INCOME 900099 21768 21768 21768 1169405 1091628 0 77777 X 48042 9608 38434 17343 17343 1881 1090 791 3576 3576 6506 802 5704 457717 439964 17753 786 786 103651 103651 44673 44673 REIMBURSED SALARIES, TA 161831 148155 13676 MISCELLANEOUS EXPENSES 7380 2703 4677 853386 755008 98378 0 39983 92058 2006575 1276263 1561 6364 4046 4046 6618624 2759657 2951075 3858967 88189 93739 5091429 5331437 74839 115626 14670 10713 997097 877971 84039 90324 1170645 1094634 X 3920784 4236803 3920784 4236803 5091429 5331437 316019 0 X X 0 1 X 1 0 X 7500 754 2820 11074 1007691 1005520 1012900 1077051 1069860 5173022 21983 61183 121719 135699 139530 480114 1037174 1067457 1137439 1212750 1209390 5664210 1500 2820 4320 5298 13207 43754 66965 73450 202674 6798 13207 46574 66965 73450 206994 5457216 11120 13378 29495 15466 5097 74556 11120 13378 29495 15466 5097 74556 1048294 1080835 1166934 1228216 1214487 5738766 0.95090 0.95400 0.01300 0.01420 X 78440 78440 6412386 2667032 3745354 92650 57477 35173 35148 35148 0 3858967 TENANT DEPOSITS HELD IN TRUST 90324 90324 X 1214487 0 1214487 -45082 -45082 1169405 898468 45082 45082 853386 0 853386 PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: COMMERCIAL RENTAL INCOME/EXPENSES -33,832. CELL TOWER RENTAL INCOME/EXPENSES -11,250. PART XII, LINE 2D - OTHER ADJUSTMENTS: COMMERCIAL RENTAL INCOME/EXPENSES 33,832. CELL TOWER RENTAL INCOME/EXPENSES 11,250. FORM 990, PART VI, SECTION A, LINE 2 DAVID RAWLINGS AND JIM CROSSMAN HAVE A BUSINESS RELATIONSHIP IN AN ENTITY UNRELATED TO THE ORGANIZATION. ADDITIONALLY, DAVID RAWLINGS AND LEIGHTON LILES HAVE A BUSINESS RELATIONSHIP UNRELATED TO THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATES MANAGEMENT DUTIES TO FREEMAN WEBB COMPANY. FORM 990, PART VI, SECTION B, LINE 11B THE CHAIRPERSON AND THE MANAGING AGENT OF THE MANAGEMENT COMPANY REVIEW THE DRAFT FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS HAVE TO SIGN A CONFLICT OF INTEREST STATEMENT. THEIR RESPONSES ARE MONITORED ANNUALLY BY THE MANAGEMENT AGENT OF THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE & NOTICE OF THIS IS POSTED IN THE LOBBY OF THE FACILITY. CERTAIN PARTS OF THIS INFORMATION ARE ALSO AVAILABLE ON THE WEBSITE, "GIVINGMATTERS.ORG". THIS WEBSITE IS MAINTAINED BY THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE. FORM 990, PART VIII, LINE 6A THE ORGANIZATION LEASES COMMERCIAL SPACE TO A TENANT. THE SQUARE FOOTAGE OF THE COMMERCIAL SPACE IS LESS THAN 15% OF THE TOTAL SPACE AND THUS EXEMPT FROM REPORTING AS UNRELATED BUSINESS INCOME. FORM 990, PART IX, PAGE 10, COMPENSATION EXPENSES: THE ORGANIZATION USES A MANAGEMENT COMPANY THAT HAS EMPLOYEES THAT MANAGE AND PERFORM MAINTENANCE ON THE ORGANIZATION'S PROPERTY. THE ORGANIZATION REIMBURSES THE MANAGEMENT COMPANY FOR ANY SALARIES, PAYROLL TAXES & OTHER EMPLOYEE BENEFITS INCURRED FOR THESE INDIVIDUALS DURING THE TAX YEAR. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS A BOARD OF DIRECTORS WHO APPROVES THE AUDIT FIRM. THE ORGANIZATION'S CHAIRPERSON OVERSEES THE ORGANIZATION'S FINANCIAL STATEMENTS.