TENNESSEE INVESTOR FUND: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
TENNESSEE INVESTOR FUND (EIN 85-1153988)
Tax period
2020-05-20 to 2020-12-31
Filed
2021-11-15
IRS object ID
202143199349324319
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-15T16:29:52-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN621099059PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CRAINE THOMPSON & JONES PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 W FIRST NORTH STAddressLine1Txt
CityMORRISTOWNCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37814ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-05-20TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN851153988EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TENNESSEE INVESTOR FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTENNBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15016 CENTENNIAL BLVD SUITE 200AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37209ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN DEANEPersonNm
Person TitleBOARD CHAIR / PRES.PersonTitleTxt
Signature2021-11-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastDEANEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROY J BYRD EAPreparerPersonNm
PTINP00486563PTIN
Phone4235867650PhoneNum
Preparation2021-11-15PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Initial ReturnYes (X)InitialReturnInd
Principal OfficerJOHN DEANEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15016 CENTENNIAL BLVD SUITE 200AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37209ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$307,000GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2020FormationYr
Activity Or MissionTHE TENNESSEE INVESTOR FUND (TIF) IS A NON-PROFIT ADVOCACY ORGANIZATION DEDICATED TO SUPPORTING ORGANIZATIONS THAT CONDUCT RESEARCH, VOTER EDUCATION, ADVOCACY ON LEGISLATIVE AND ECONOMIC ISSUES, AND VOTER TURNOUT.ActivityOrMissionDesc
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$307,000CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$307,000CYTotalRevenueAmt
CY Grants And Similar Paid$154,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$95,935CYOtherExpensesAmt
CY Total Expenses$249,935CYTotalExpensesAmt
CY Revenues Less Expenses$57,065CYRevenuesLessExpensesAmt
Total Assets EOY$57,065TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances EOY$57,065NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE TENNESSEE INVESTOR FUND (TIF) IS A NON-PROFIT ADVOCACY ORGANIZATION DEDICATED TO SUPPORTING ORGANIZATIONS THAT CONDUCT RESEARCH, VOTER EDUCATION, ADVOCACY ON LEGISLATIVE AND ECONOMIC ISSUES, AND VOTER TURNOUT.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$249,935ExpenseAmt
Grant$154,000GrantAmt
DescRESEARCH: TIF CONDUCTED RESEARCH TO DETERMINE HOW GROUPS RESPOND TO CURRENT POLICY ISSUES AND GATHERED VOTER DATA TO DETERMINE WHAT PUBLIC POLICY ISSUES THE PUBLIC IS INTERESTED IN AND WILL TAKE ACTION ON. EDUCATION AND TURNOUT: TIF CONDUCTED AND SUPPORTED OTHER ORGANIZATIONS THAT EDUCATED THE PUBLIC ON NATIONAL AND STATE POLICY AND LEGISLATIVE ISSUES THROUGH MEDIA STATEMENTS, POLICY INFORMATION PROVIDED ON THEIR WEBSITES, POLICY STATEMENTS, PUBLIC AWARENESS CAMPAIGNS, ETC. POLITICAL: AS A 501C4 POLITICAL ORGANIZATION, TIF CONDUCTED ACTIVITY IN ELECTIONS THAT FURTHER OUR MISSION BUT NOT AS TIF'S PRIMARY PURPOSE, INCLUDING TO INFLUENCE THE SELECTION, NOMINATION, OR APPOINTMENT OF A PERSON OR PERSONS TO PUBLIC OFFICE.Desc
Total Program Service Expenses$249,935TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyYes (true)PoliticalCampaignActyInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document2IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonVIVAN ANDERSON-BARRERAPersonNm
Phone4238991801PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16827 LEE PARKWAY WESTAddressLine1Txt
CityCHATTANOOGACityNm
State AbbreviationTNStateAbbreviationCd
ZIP37421ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CALVIN ANDERSON
DIRECTOR0.500.50Yes (X)$0$0$0
JOHN DEANE
BOARD CHAIR0.500.50Yes (X)$0$0$0
ALFRED SMITH
DIRECTOR0.500.50Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$307,000AllOtherContributionsAmt
Total Contributions$307,000TotalContributionsAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$307,000TotalRevenueColumnAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$154,000TotalAmt
Program Services$154,000ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$3,980TotalAmt
Program Services$3,980ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
RESEARCH & POLLING$47,365$47,365
DATABASE & SEARCH TOOLS$44,500$44,500
BANK FEES$90$90

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$249,935TotalAmt
Program Services$249,935ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
EOY$57,065EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$57,065EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
EOY$57,065EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$57,065EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$57,065EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$57,065ReconcilationRevenueExpnssAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Political Expenditures$47,000PoliticalExpendituresAmt
Form1120 POL FiledfalseForm1120POLFiledInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART I-A, LINE 1FormAndLineReferenceDesc
ExplanationTIF DONATED FUNDS TO THE TENNESSEE DEMOCRATIC PARTY AND TO REAL TENNESSEE VALUES, A POLITICAL ACTION COMMITTEE. REAL TENNESSEE VALUES CONDUCTS ELECTIONEERING ACTIVITIES AND IS NOT MAINTAINED OR ASSOCIATED WITH TIF.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxt
ACTION TN
5016 CENTENNIAL BLVD SUITE 200NASHVILLETN37209823008452501C4$104,000FIELD PROGRAMS
CIVIC TN
5016 CENTENNIAL BLVD SUITE 200NASHVILLETN37209842967597501C3$45,000CIVIC ENGAGEMENT

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 2, PART III, LINE 4ARESEARCH: TIF CONDUCTED RESEARCH TO DETERMINE HOW GROUPS RESPOND TO CURRENT POLICY ISSUES AND GATHERED VOTER DATA TO DETERMINE WHAT PUBLIC POLICY ISSUES THE PUBLIC IS INTERESTED IN AND WILL TAKE ACTION ON. EDUCATION AND TURNOUT: TIF CONDUCTED AND SUPPORTED OTHER ORGANIZATIONS THAT EDUCATED THE PUBLIC ON NATIONAL AND STATE POLICY AND LEGISLATIVE ISSUES THROUGH MEDIA STATEMENTS, POLICY INFORMATION PROVIDED ON THEIR WEBSITES, POLICY STATEMENTS, PUBLIC AWARENESS CAMPAIGNS, ETC. POLITICAL: AS A 501C4 POLITICAL ORGANIZATION, TIF CONDUCTED ACTIVITY IN ELECTIONS THAT FURTHER OUR MISSION BUT NOT AS TIF'S PRIMARY PURPOSE, INCLUDING TO INFLUENCE THE SELECTION, NOMINATION, OR APPOINTMENT OF A PERSON OR PERSONS TO PUBLIC OFFICE.
FORM 990, PAGE 6, PART VI, LINE 11BA COPY OF THE FORM 990 IS SENT VIA EMAIL TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12CCONFLICT OF INTEREST IS EXAMINED EACH THROUGH DISCUSSIONS AND DISCLOSURES.
FORM 990, PAGE 6, PART VI, LINE 19TENNESSEE INVESTOR FUND MAKES THESE DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
CIVIC TN
5016 CENTENNIAL BLVD SUITE 200NASHVILLETN37209842967597CHARITABLETN501C37NAfalse
FORWARD TENNESSEE
5016 CENTENNIAL BLVD SUITE 200NASHVILLETN37209823006560CHARITABLETN501C37NAfalse
ACTION TENNESSEE
5016 CENTENNIAL BLVD SUITE 200NASHVILLETN37209823008452CHARITABLETN501C47NAfalse

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TOGETHER TENNESSEE LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line15016 CENTENNIAL BLVD SUITE 200AddressLine1Txt
CityNASHVILLECityNm
State AbbreviationTNStateAbbreviationCd
ZIP37209ZIPCd
FieldValueIRS element (for citing)
EIN811735904EIN
Primary ActivitiesSERVICEPrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Direct Controlling NAN/ADirectControllingNACd
Entity TypeS CORPEntityTypeTxt
Controlled OrganizationfalseControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgfalseGiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgfalseGiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

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