Tennessees Community Assistance Corporation

Organization Overview

Tennessees Community Assistance Corporation is located in Morristown, TN. The organization was established in 2000. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Tennessees Community Assistance Corporation employed 67 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tennessees Community Assistance Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Tennessees Community Assistance Corporation generated $406.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.2%) each year. All expenses for the organization totaled $430.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (16.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THIS ORGANIZATION IS TO PROMOTE ECONOMIC DEVELOPMENT AND CONDUCT ACTIVITIES IN LOW-INCOME COMMUNITIES OF TENNESSEE, PARTICULARLY PUBLIC ASSISTED HOUSING RESIDENTS, IN ORDER TO ASSIST THE RESIDENTS IN BECOMING SELF-SUFFICIENT AND PROVIDE NECESSARY SERVICES TO THOSE FAMILIES AND INDIVIDUALS THAT WILL IMPROVE THEIR QUALITY OF LIFE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HOME PROGRAM IS A COMPETITIVELY-FUNDED PROGRAM BY HUD AND ADMINISTERED WITHIN TENNESSEE BY THE TENNESSEE HOUSING DEVELOPMENT AGENCY. TCAC RECEIVED THE REMAINDER OF A 2018 HOME GRANT IN THE AMOUNT OF 500,000 FOR A HOMEOWNER REHABILITATION PROGRAM WITHIN COCKE COUNTY, TN. IT IS A 3-YEAR GRANT AND INCLUDES 30,000 FUNDS FOR LOCAL PROJECT ADMINISTRATIVE SERVICES BY TCAC STAFF. ELIGIBLE HOMEOWNERS TO RECEIVE REPAIRS MUST BE LOW INCOME HOUSEHOLDS, THE HOME MUST BE THEIR PRIMARY RESIDENCE, AND OWN THEIR PROPERTY. THE WORK IS PERFORMED BY LICENSED CONTRACTORS AND HOMEOWNERS RECEIVE A 5-15 YEAR FORGIVABLE GRANT NOTE AS LONG AS THEY REMAIN IN THEIR HOME DURING THE TERM


MAKING VETERANS PRIORITY (MVP) IS AN AMERICORPS PROGRAM THAT TARGETS VETERANS AND/OR THEIR FAMILIES WHO ARE HOMELESS OR ON THE VERGE OF BECOMING HOMELESS BY LINKING THEM SERVICES IN THEIR AREA. WE ALSO HELP LINK ACTIVE DUTY MILITARY AND THE FAMILIES OF DEPLOYED SOLDIERS AS WELL.


TCAC DEPOT HELPS TCAC PARTNERS, OTHER NON-PROFITS, AND CHURCHES THROUGHOUT TENNESSEE PROVIDE PRODUCTS AND INCENTIVES THAT FURTHER THE INDIVIDUAL AGENCY'S MISSION. TCAC DEPOT REDISTRIBUTES NEW PRODUCTS THAT ASSIST PARTNERING AGENCIES IN STRETCHING THEIR SERVICE DOLLARS WHILE PROVIDING MATERIALS AND SUPPLIES TO TENNESSEANS MOST IN NEED, TCAC DEPOT CURRENTLY HAS 100 PARTNERING AGENCIES AND 13 DISTRIBUTION PARTNERS.


TCAC COMMUNITY CARES AMERICORPS PROGRAM SERVES THE VERY FRAIL, ELDERLY AND CHALLENGED RESIDENTS OF TENNESSEE SO THEY CAN REMAIN LIVING INDEPENDENTLY WITH AN IMPROVED QUALITY OF LIFE. THIRTY FIVE AMERICORPS MEMBERS NOT ONLY PROVIDE ASSISTANCE WITH DAILY TASKS, BUT MORE IMPORTANTLY THEY HELP RESIDENTS MAINTAIN THEIR DIGNITY AND CONFIDENCE. THE SERVICES ARE PROVIDED WITH NO COST TO THE RESIDENTS.


THE HOME PROGRAM IS A COMPETITIVELY-FUNDED PROGRAM BY HUD AND ADMINISTERED WITHIN TENNESSEE BY THE TENNESSEE HOUSING DEVELOPMENT AGENCY. ELIGIBLE HOMEOWNERS TO RECEIVE REPAIRS MUST BE LOW INCOME HOUSEHOLDS, THE HOME MUST BE THEIR PRIMARY RESIDENCE, AND OWN THEIR PROPERTY. THE WORK IS PERFORMED BY LICENSED CONTRACTORS AND HOMEOWNERS RECEIVE A 5-15 YEAR FORGIVABLE GRANT NOTE AS LONG AS THEY REMAIN IN THEIR HOME DURING THE TERM


MAKING VETERANS PRIORITY (MVP) IS AN AMERICORPS PROGRAM THAT TARGETS VETERANS AND/OR THEIR FAMILIES WHO ARE HOMELESS OR ON THE VERGE OF BECOMING HOMELESS BY LINKING THEM SERVICES IN THEIR AREA. WE ALSO HELP LINK ACTIVE DUTY MILITARY AND THE FAMILIES OF DEPLOYED SOLDIERS AS WELL.


TCAC DEPOT HELPS TCAC PARTNERS, OTHER NON-PROFITS, AND CHURCHES THROUGHOUT TENNESSEE PROVIDE PRODUCTS AND INCENTIVES THAT FURTHER THE INDIVIDUAL AGENCY'S MISSION. TCAC DEPOT REDISTRIBUTES NEW PRODUCTS THAT ASSIST PARTNERING AGENCIES IN STRETCHING THEIR SERVICE DOLLARS WHILE PROVIDING MATERIALS AND SUPPLIES TO TENNESSEANS MOST IN NEED, TCAC DEPOT CURRENTLY HAS 100 PARTNERING AGENCIES AND 13 DISTRIBUTION PARTNERS.


TCAC COMMUNITY CARES AMERICORPS PROGRAM SERVES THE VERY FRAIL, ELDERLY AND CHALLENGED RESIDENTS OF TENNESSEE SO THEY CAN REMAIN LIVING INDEPENDENTLY WITH AN IMPROVED QUALITY OF LIFE. THIRTY FIVE AMERICORPS MEMBERS NOT ONLY PROVIDE ASSISTANCE WITH DAILY TASKS, BUT MORE IMPORTANTLY THEY HELP REISDENTS MAINTAIN THEIR DIGNITY AND CONFIDENCE. THE SERVICES ARE PROVIDED WITH NO COST TO THE RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Exec Dir
$61,104
Kelsey Parks
Executive Di
$22,692
Luke Davy
Board Member
$0
Keith Godwin
Board Member
$0
Dorothy Edwards
Board Member
$0
Stephanie Holmes
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $201,127
All other contributions, gifts, grants, and similar amounts not included above$693,567
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$201,127
Total Program Service Revenue$205,677
Investment income $526
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $406,804

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Tennessees Community Assistance Corporation has recieved totaling $497,126.

Awarding OrganizationAmount
Good360

Alexandria, VA

PURPOSE: TO ASSIST THOSE IN NEED.

$467,924
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$29,202
View Grant Recipient Profile

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