2014-01-15T12:29:48-06:00 2013-05-31 621174696 BRUNDIGE PAYNE AND COMPANY PC 700 COLONIAL ROAD SUITE 220 MEMPHIS TN 381175156 990 2012-06-01 264440905 MEMPHIS TEACHER RESIDENCY INC MEMP 9019374687 PO BOX 241639 MEMPHIS TN 382411639 DAVID MONTAGUE 9019374687 2014-01-13 1 RICHARD L WEBB CPA P00362093 9016834234 2012 2015-11-30 17:44:51Z DAVID MONTAGUE 2181 UNION AVENUE MEMPHIS TN 38104 1901914 0 X WWW.MEMPHISTR.ORG X 2009 TN AS A RESPONSE TO THE GOSPEL MANDATE TO LOVE OUR NEIGHBORS AS OURSELVES, THE ORGANIZATION WILL PROVIDE STUDENTS IN OUR PARTNER NEIGHBORHOODS WITH THE SAME, OR BETTER, QUALITY OF EDUCATION AS ANY CHILD IN MEMPHIS RECEIVES BY RECRUITING, TRAINING AND SUPPORTING EFFECTIVE TEACHERS WITHIN A CHRISTIAN CONTEXT. 4 4 75 4 0 0 2089375 1901914 0 0 0 0 0 0 2089375 1901914 304125 121587 0 0 1237356 1322748 0 0 0 265265 459789 1806746 1904124 282629 -2210 474803 484932 41672 54011 433131 430921 X AS A RESPONSE TO THE GOSPEL MANDATE TO LOVE OUR NEIGHBORS AS OURSELVES, MEMPHIS TEACHER RESIDENCY ("MTR") WILL PROVIDE STUDENTS IN PARTNER LOW-INCOME MEMPHIS NEIGHBORHOODS WITH THE SAME, OR BETTER, QUALITY OF EDUCATION AS IS AVAILABLE TO ANY STUDENT IN MEMPHIS BY RECRUITING, TRAINING, AND SUPPORTING EFFECTIVE TEACHERS WITHIN A CHRISTIAN CONTEXT.THE VISION OF MTR IS TO USE OUR SPECIFIC WORK WITHIN EDUCATION, IN PARTNERSHIP WITH OTHER HOLISTIC ORGANIZATIONS, TO HELP RESTORE COMMUNITIES SO THAT ALL INDIVIDUALS CAN BECOME EMPOWERED CONTRIBUTORS TO OUR CITY AND PEOPLE OF ALL RACES AND CLASSES CAN ENGAGE WITH ONE ANOTHER IN PEACE. 0 0 1647315 121587 RECRUIT, EQUIPS, AND RETAINS EDUCATORS AND TEACHERS TO WORK WITHIN MEMPHIS, TENNESSEE URBAN SCHOOLS AND PROVIDE THE OPPORTUNITY TO RECEIVE CLASSROOM LEARNING ALONG WITH PRACTICAL EXPERIENCE SINCE THE PROGRAM PARTICIPANTS ARE PAIRED WITH AN EXPERIENCED MENTOR-TEACHER IN THEIR CONTENT AREA FOR FOUR DAYS PER WEEK FOR AN ENTIRE SCHOOL YEAR. EACH PARTICIPANT WILL RECEIVE ENDORSEMENTS FOR ELEMENTARY EDUCATION OR SECONDARY EDUCATION IN MATH, BIOLOGY, PHYSICS, CHEMISTRY, SPANISH, HISTORY OR ENGLISH. EACH PARTICIPANT WILL RECEIVE THE FOLLOWING: : MASTERS OF ARTS IN URBAN EDUCATION THROUGH UNION UNIVERSITY : INTENSIVE CLASSROOM EXPERIENCE WITHIN MEMPHIS URBAN SCHOOLS : STATE OF TENNESSEE EDUCATOR LICENSE : LIVING AND HOUSING STIPEND FOR THE 12 MONTH TRAINING PERIOD : ON-GOING EVALUATION AND MENTORING : LEADERSHIP OPPORTUNITIESTHE ESTIMATED COST FOR EACH PARTICIPANT IN THE 12 MONTH TRAINING PROGRAM IS $30,000. THE NUMBER OF PROGRAM PARTICIPANTS FOR THE YEAR ENDED MAY 31, 2012, IS 29. 1647315 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 96 0 1 75 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X DAVID MONTAGUE 9019374687 2181 UNION AVENUE MEMPHIS TN 38104 TOM MARINO 3.00 X X 0 0 0 DR MAXIE DUNNAM 1.00 X 0 0 0 ROBERT MONTAGUE 3.00 X X 0 0 0 DAVID HARRIS 1.00 X X 0 0 0 DAVID MONTAGUE 40.00 X 123600 0 14472 123600 0 14472 1 0 0 0 0 833945 1067969 1901914 1901914 0 0 0 121587 121587 154472 38618 115854 1063457 994537 68920 6341 6341 26650 26650 71828 62357 9471 39908 16360 23548 25472 16982 8490 39892 29172 10720 14633 14633 5173 5173 RECRUITMENT 147207 147207 TRAINING 59080 59080 MISCELLANEOUS 55933 55933 MENTORING 35195 35195 37296 37296 1904124 1647315 256809 0 256445 267218 170323 166089 7251 1431 15070 0 79745 29551 25714 50194 474803 484932 41672 54011 41672 54011 X 433131 430921 433131 430921 474803 484932 -2210 0 X 0 1 X 1 1 1 X 120000 1245975 1138500 2089375 1875685 6469535 120000 1245975 1138500 2089375 1875685 6469535 3606609 2862926 6469535 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: THE 2008 TAX YEAR (PERIOD ENDED 5/31/2009) WAS A SHORT PERIOD RETURN BECAUSE IT WAS THE ORGANIZATION'S INITIAL TAX YEAR AND A FISCAL YEAR ENDING DATE WAS CHOSEN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79745 29551 50194 50194 1901914 0 1901914 0 1901914 1904124 0 1904124 0 1904124 1 PROVISION FOR BOOKS AND TUITION 31 38186 STIPEND PROVIDED TO MENTORS 37 83400 PART III; LINE 1 PARTICIPANTS INVOLVED IN THE ORGANIZATION'S PROGRAM ARE PROVIDED EDUCATIONAL EXPENSES IN THE FORM OF BOOKS AND TUITION WITH THE EXPECTATION OF THREE YEARS OF SERVICE IN THE MEMPHIS URBAN SCHOOLS UPON RECEIVING THEIR MASTERS DEGREE. SEE SCHEDULE O FOR ADDITIONAL EXPLANATION. PART III; LINE 2 TEACHERS WHO COMMIT TO MENTORING A PARTICIPANT IN THE PROGRAM FOR THE ENTIRE SCHOOL YEAR ARE PROVIDED WITH A STIPEND. FORM 990, PART VI, SECTION A, LINE 2 DAVID MONTAGUE, EXECUTIVE DIRECTOR AND EMPLOYEE, AND ROBERT MONTAGUE, TREASURER AND UNCOMPENSATED BOARD MEMBER, ARE BROTHERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT BEFORE THE RETURN WAS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE ORGANIZATION REQUIRES THE OFFICERS AND DIRECTORS TO REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN AN ANNUAL CERTIFICATION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE COMPENSATION OF MANAGEMENT, COMPARES TO OTHER SIMILAR NOT FOR PROFITS IN THE MEMPHIS AREA, CONSULTS WITH OTHER SIMILAR ORGANIZATIONS, AND SETS THE COMPENSATION COMMENSURATE WITH RESPONSIBILITIES. FORM 990, PART VI, SECTION C, LINE 19 MEMPHIS TEACHER RESIDENCY, INC. HAS ALL DOCUMENTS REQUIRED TO BE AVAILABLE FOR INSPECTION IN A SPECIFIC BINDER MARKED "OPEN FOR PUBLIC INSPECTION" AND IS READILY AVAILABLE UPON REQUEST BY THE PUBLIC.