2011-05-13T17:00:09-05:00 2010-06-30 CROWE HORWATH LLP 105 Continental Place Suite 200 Brentwood TN 37027 990 2009-07-01 620789892 TREVECCA TOWERS INC TREV 6152446911 60 LESTER AVENUE NASHVILLE TN 37210 DR EDWARD WHITTINGTON 2011-05-13 true 6153605500 2009 2016-02-24 21:20:13Z DR EDWARD H WHITTINGTON 60 LESTER AVENUE NASHVILLE TN 37210 2636233 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 5 30 10 0 0 0 0 2530949 2602025 5160 1724 18870 32484 2554979 2636233 0 0 0 0 527711 593904 0 0 0 2118964 2185044 2646675 2778948 -91696 -142715 7131909 6944814 7493446 7449066 -361537 -504252 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 2216537 0 2634509 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 328 UNITS TO APPROXIMATELY 350 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. 2216537 true false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 3 0 true 30 true false false false false false false false false false 5 5 false true false false false false false true true false false true false false false false false false X DR EDWARD H WHITTINGTON 6152446992 60 LESTER AVENUE NASHVILLE TN 37210 X DR EDWARD H WHITTINGTON 1 X X 0 0 0 DR HOMER J ADAMS 1 X X 0 0 0 MS MARY FRANCES RUDY 1 X 0 0 0 MALCOLM AUDLT 1 X 0 0 0 DAN HATFIELD 1 X 0 0 0 0 0 0 false false false TERON ENTERPRISES 70 HART STREET NASHVILLE TN 37210 MANAGEMENT 153233 1 0 0 0 0 0 0 0 0 RENTAL INCOME 2464278 2464278 0 0 SERVICE INCOME 137747 137747 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2602025 1724 0 0 1724 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING REVENUE 32484 0 0 32484 0 0 0 0 0 0 0 0 0 0 0 0 32484 2636233 2602025 0 34208 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 367819 228363 139456 0 0 0 0 0 132101 132101 0 0 93984 93984 0 0 153233 0 153233 0 10636 0 10636 0 17418 0 17418 0 0 0 0 0 0 0 0 0 0 0 123655 0 123655 0 3815 0 3815 0 168253 99719 68534 0 0 0 0 0 0 0 0 0 547892 505673 42219 0 0 0 0 0 0 0 0 0 0 0 0 0 452987 452987 0 0 0 0 0 0 348205 348205 0 0 85275 85275 0 0 EQUIPMENT RENT & MAINTENANCE 270230 270230 0 0 BANK FEES 3257 0 3257 0 BAD DEBTS 188 0 188 0 0 0 0 0 0 0 0 0 0 0 0 0 2778948 2216537 562411 0 0 0 0 0 45314 42331 651275 693099 0 0 35736 38916 0 0 0 0 0 0 0 0 25517 66431 10919918 5234086 5977930 5685832 0 0 0 0 0 0 20799 31937 375338 386268 7131909 6944814 133010 148283 0 0 19285 14983 0 0 0 0 0 0 7225123 7155350 0 0 116028 130450 7493446 7449066 X -361537 -504252 0 0 0 0 0 0 0 0 0 0 -361537 -504252 7131909 6944814 X false true true X true true X 0 0 0 0 0 0 0 1918291 2267040 2544574 2530949 2602025 11862879 0 0 0 18870 32484 51354 0 0 0 0 0 0 0 0 0 0 0 0 1918291 2267040 2544574 2549819 2634509 11914233 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11914233 -12368 16233 6394 5160 1724 17143 0 0 0 0 0 0 -12368 16233 6394 5160 1724 17143 0 0 0 0 0 0 0 0 0 0 0 0 1905923 2283273 2550968 2554979 2636233 11931376 0.9986 0.993 0.0014 0.0045 X 0 415000 415000 0 10195185 5030151 5165034 0 0 0 0 0 245370 148768 96602 0 64363 55167 9196 5685832 DEFERRED FINANCING COSTS 325972 ESCROW DEPOSITS 60296 386268 0 TENANT SECURITY DEPOSIT LIAB. 92904 MISCELLANEOUS CURRENT LIABILITIES 37546 130450 2636233 2778948 -142715 0 0 0 0 0 0 -142715 2636233 0 0 0 0 0 2636233 0 0 0 2636233 2778948 0 0 0 0 0 2778948 0 0 0 2778948 FIN 48 footnote Schedule D, Part X, Line 2 THE ORGANIZATION ADOPTED GUIDANCE ISSUED BY THE FASB WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS OF JANUARY 1, 2009. A TAX POSITION IS RECOGNIZED 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 ADOPTION HAD NO EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. Delegation of management duties Form 990, Part VI, Section A, Line 3 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. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11A THE RETURN PREPARER DELIVERS ELECTRONICALLY, A COPY OF THE FINAL VERSION OF THE FORM 990 AND ALL RELATED SCHEDULES 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. Public Disclosure Form 990, Part VI, Section C, Line 19 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. POLICIES FORM 990, PART VI, SECTION B, LINES 12-14 THE ORGANIZATION DOES NOT CURRENTLY HAVE A CONFLICT OF INTEREST POLICY, WHISTLEBLOWER POLICY OR DOCUMENT RETENTION AND DESTRUCTION POLICY IN PLACE. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, SECTION B, LINE 15A,15B THERE IS NO TOP MANAGEMENT OFFICIAL NOR ANY OTHER OFFICERS SO THESE QUESTIONS HAVE BEEN INTENTIONALLY MARKED 'NO' ON THE FORM 990. THE ORGANIZATION RELIES ON A MANAGEMENT COMPANY TO PERFORM THESE SERVICES FOR THE ORGANIZATION. BOARD MEMBER HOURS FORM 990, PART VII, SECTION A, COLUMN B ALL THE BOARD MEMBERS SPEND 1HR A WEEK ON TREVECCA TOWERS II, A RELATED TAX-EXEMPT ORGANIZATION. 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 true true false false true true