Tri-County Development Corp is located in Savannah, TN. According to its NTEE Classification (H19) the organization is classified as: Support N.E.C., under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Development Corp 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 12/2022, Tri-County Development Corp generated $97.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (38.6%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION CARRIES OUT ITS EXEMPT PURPOSE BY SERVING AS A SUPPORT ORGANIZATION TO HARDIN COUNTY REGIONAL HEALTH CENTER, INC, A 501(C)(3) ORGANIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT AND CLINIC SPACE FOR HARDIN COUNTY REGIONAL HEALTH CENTER, INC. TO CARRY OUT ITS TAX-EXEMPT PURPOSE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yainieh Mcginley President/ceo | OfficerTrustee | 1 | $0 |
Catherine Brown Board Member | Trustee | 1 | $0 |
Lisa Shackelford Thomas Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $97,500 |
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 | $97,500 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,455 |
Advertising and promotion | $0 |
Office expenses | $49,806 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $83,670 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $327,953 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $465,884 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $296,748 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $24,875 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $6,154,354 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $276,740 |
Total assets | $6,752,717 |
Accounts payable and accrued expenses | $184,046 |
Grants payable | $0 |
Deferred revenue | $26,025 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $6,850,298 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $7,060,369 |
Net assets without donor restrictions | -$307,652 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,752,717 |
Organization Name | Assets | Revenue |
---|---|---|
Wm L Wetzel Memorial Osteopathic Educational & Research Foundation Jefferson City, MO | $2,773,257 | $1,082,955 |
Purple Pansies Inc Cumming, GA | $146,252 | $702,999 |
Tri-County Development Corp Savannah, TN | $6,752,717 | $97,500 |
Jefferson Regional Medical Center Foundation Pine Bluff, AR | $439,597 | $296,173 |
Saha Foundation For Cardiovascular Research And Education Inc Lexington, KY | $1,985,138 | $120,290 |
Missouri Coalition For Lifesaving Cures Inc Saint Louis, MO | $1,924,040 | $405,470 |
Hands And Voices Of Kentucky Inc Louisville, KY | $11,579 | $0 |
Biomed Valley Corporation Kansas City, MO | $30,709,893 | $20,909,613 |
The Thomas B Dameron Jr Orthopaedic Education Foundation Inc Raleigh, NC | $287,355 | $16,027 |