2017-04-26T15:00:05-05:00 2016-06-30 350921680 CROWE HORWATH LLP 720 Cool Springs Blvd Suite 600 Franklin TN 370677260 990 2015-07-01 620789892 Trevecca Towers Inc TREV 6152446911 60 Lester Avenue Nashville TN 37210 DR EDWARD H WHITTINGTON President 2017-04-26 true Kristin Ficker P01254056 6153605500 2015 2021-01-29 14:40:06Z DR EDWARD H WHITTINGTON 60 Lester Avenue Nashville TN 37210 2994803 false X www.treveccatowers.com X 1965 TN RENTAL OF HOUSING UNITS AND RELATED FACILITIES FOR OCCUPANCY AND USE BY ELDERLY FAMILIES AND INDIVIDUALS IN ACCORDANCE WITH THE NATIONAL HOUSING ACT. 5 4 23 8 0 0 99916 111981 2784670 2856336 541 543 8707 25943 2893834 2994803 0 0 0 415786 481603 0 0 0 2265599 2527915 2681385 3009518 212449 -14715 6163426 6102954 7236594 7190837 -1073168 -1087883 RENTAL OF HOUSING UNITS AND RELATED FACILITIES FOR OCCUPANCY AND USE BY ELDERLY FAMILIES AND INDIVIDUALS IN ACCORDANCE WITH THE NATIONAL HOUSING ACT. false false 2146953 0 2856336 INCORPORATED TO PROVIDE RENTAL HOUSING AND RELATED FACILITIES FOR OCCUPANCY AND USE BY ELDERLY FAMILIES & INDIVIDUALS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE PROJECT IS REGULATED BY HUD. RENTAL OF 364 UNITS TO APPROXIMATELY 400 RESIDENTS. THE LIFE TO YEARS PROGRAM OFFERS SEMINARS ON A WIDE VARIETY OF TOPICS INCLUDING IDENTITY THEFT, SCAMS, LEGAL NEEDS, AND HEALTH ISSUES. TWICE A YEAR THERE IS A CELEBRATION SEMINAR FOR RESIDENTS WHO HAVE REACHED THE LIFE TO YEARS PROGRAM BENCHMARKS. 2146953 true true false false false false false false true false true false false false true true true false false false false false false false false false false false false false false false false false false false false true false false false false false true false false false true 16 0 true 23 true false false false false false false false false false false X 5 4 false true false false false false false true true false false true true true false true false false false false X DR EDWARD H WHITTINGTON 6152446992 60 LESTER AVENUE NASHVILLE TN 37210 X DR EDWARD H WHITTINGTON PRESIDENT 1.0 1.0 X X 0 0 0 DANIEL M HATFIELD VICE- PRESIDENT 1.0 1.0 X X 0 0 0 DR HOMER J ADAMS SECRETARY/TREASURER 1.0 1.0 X X 0 0 0 MARY FRANCES RUDY DIRECTOR 1.0 1.0 X 0 0 0 JAMES MALCOLM AULT DIRECTOR 1.0 1.0 X 0 0 0 RONALD JONES CHAIRMAN OF THE BOARD OF DIRECTORS 1.0 1.0 X 0 0 0 0 0 0 0 false false false TERON ENTERPRISES 60 LESTER AVENUE SUITE G-1 NASHVILLE TN 37210 MANAGEMENT SERVICES 200016 GCA Services Group 4702 Western Ave Suite 101 Knoxville TN 37921 Janitorial Services 102214 2 111981 111981 RENTAL INCOME 531110 2856336 2856336 0 0 0 0 2856336 543 543 0 0 0 0 Tenant Charges 532000 404 404 laundry and vending revenue 532000 9255 9255 Miscellaenous 532000 16284 16284 0 0 0 0 25943 2994803 2856336 0 26486 X 233451 163416 70035 139844 97891 41953 108308 75816 32492 187622 187622 14640 14640 54716 54716 359035 359035 0 0 7796 7796 142516 142516 23155 23155 958799 671159 287640 374116 374116 56336 56336 Service Coordinators 112280 112280 Supplies 230172 230172 Miscellaneous 3614 3614 Bad Debt 3118 3118 0 0 0 0 3009518 2146953 862565 0 297926 120009 899548 1197551 15944 33616 0 0 125283 94457 11698416 7155305 4696331 4543111 0 0 52442 50807 75952 63403 6163426 6102954 67856 124376 559 15690 95288 84446 7053595 6941023 19296 25302 7236594 7190837 X -1073168 -1087883 -1073168 -1087883 6163426 6102954 -14715 0 X false true X true true true X 141863 165892 180557 99916 111981 700209 2500434 2541791 2726801 2784670 2856336 13410032 26341 16518 10315 8707 25943 87824 0 0 2668638 2724201 2917673 2893293 2994260 14198065 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 14198065 552 670 839 541 543 3145 0 552 670 839 541 543 3145 0 0 0 0 0 0 0 2669190 2724871 2918512 2893834 2994803 14201210 0.9998 0.9997 0.0002 0.0003 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 415000 415000 10560139 6735854 3824285 659324 355498 303826 63953 63953 0 4543111 MISCELLANEOUS CURRENT LIABILITIES 25302 25302 X 2994803 0 0 2994803 0 0 2994803 3009518 0 0 3009518 0 0 3009518 Schedule D, Part IV, Line 2b Explanation of escrow agreement The organization holds tenant security deposits in a custodial account. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The Organization is a tax-exempt entity under the Internal Revenue Code; accordingly, no provision for income taxes has been made in the financial statements. The Organization recognizes a tax position as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. The Organization recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. The Organization has no amounts related interest or penalties during the year ended June 30, 2016. Due to its tax-exempt status; the Organization is not subject to U.S. federal income tax or state income tax and does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Organization's tax years 2013-2016 are open under applicable United States statutes of limitations. TERON ENTERPRISES PAT WHITTINGTON, WHO IS THE SPOUSE OF PRESIDENT EDWARD WHITTINGTON, OWNS 50% OF TERON ENTERPRISES 187622 MANAGEMENT SERVICES false Form 990, Part VI, Line 15 PROCESS FOR DETERMINING COMPENSATION THE BYLAWS OF THE ORGANIZATION EXPLICITLY STATE THAT NO COMPENSATION SHALL BE PAID TO DIRECTORS FOR THEIR SERVICES. ACCORDINGLY, NO TOP MANAGEMENT OFFICIAL OR OTHER OFFICERS ARE PAID COMPENSATION. Form 990, Part VI, Line 12c Conflict of Interest Policy OUR CONFLICT OF INTEREST POLICY WAS ADOPTED AS OF MARCH 1ST, 2017. WE HAVE THEREFORE MARKED SECTION VI, LINE 12C "NO," AS THE POLICY WAS NOT PRESENT DURING THE FISCAL YEAR. AS OF MARCH 1ST, 2017 AN ANNUAL CONFLICT OF INTEREST FORM IS FILLED OUT BY EACH BOARD MEMBER AND STAFF MEMBER. IF A POTENTIAL CONFLICT OF INTEREST IS DETERMINED TO EXIST, A WRITTEN RECORD IS KEPT BY THE EXECUTIVE DIRECTOR OR, WHERE APPLICABLE, CHAIRMAN. Form 990, Part VI, Line 1a Delegate broad authority to a committee Per the by-laws, during intervals between meetings of the Board of Directors, and subject to such limitations as may be provided by law and by the by-laws, the Executive Committee shall have and may exercise all the authority of the Board of Directors in the management of the Corporation. The Executive Committee shall make a full report of all actions to the next meeting of the Board of Directors. Form 990, Part VI, Line 3 Delegation of management duties Ron Jones, President of Teron Enterprises, Inc., provides management duties to Trevecca Towers, Inc. in various capacities. Teron Enterprises, Inc. oversees the day to day operations of the plant. Teron supervises the hiring, firing, and training of new employees. Teron supervises the personnel at Trevecca Towers, plans and operates budgets and financial operations, and supervises the operations of the organization. Form 990, Part VI, Line 11b Review of form 990 by governing body A copy of the final version of the Form 990 and all related schedules is delivered electronically to the board members and management before the Form 990 is filed with the IRS. Board members and management have an opportunity to review the Form 990 before it is filed with the IRS. Additionally the board members and management normally have an opportunity to discuss the form at the following board meeting. Form 990, Part VI, Line 19 Required documents available to the public Governing Documents, Conflict of Interest Policy, and Financial Statements are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Form 990, Part IX, Line 11g Other Fees Service Contracts - Total Expense: 359035, Program Service Expense: 359035, Management and General Expenses: , Fundraising Expenses: ; TREVECCA TOWERS II INC 60 LESTER AVENUE NASHVILLE TN 37210 620919260 HOUSING TN 501(c)(3 9 NA false false false false false false false false false false false false false false true true false false false false