TY 2019 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-1150

2019

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
MT PLEASANT COMMUNITY DEVELOPMENT
CORPORATION

Number and street (or P. O. box, if mail is not delivered to street address)PO BOX 92
Room/suite

City or town, state or province, country, and ZIP or foreign postal code MT PLEASANT, TN38474

D Employer identification number

64-0816127

E Telephone number

(931) 379-9837

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO BRING TOGETHER LEADERS OF THE CITY OF MT PLEASANT AND VARIOUS ORGANIZATIONS WITHIN THE CITY TO CREATE A PARTNERSHIP FOR THE REVITALIZATION OF THE CITY OF MT PLEASANT IN SUCH A WAY AS TO MAKE IT A DESIRED LOCATION TO WORK AND LIVE.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 ORGANIZED A GROUP OF CITIZENS OF THE CITY OF MT. PLEASANT INTO AN ORGANIZATION WITH A COMMON GOAL OF REVITALIZING THE CITY. BROUGHT TOGETHER THE FOLLOWING GROUPS TO CREATE A 5 YEAR STRATEGIC PLAN FOR THE CITY: CITY OF MT. PLEASANT, MT. PLEASANT POWER SYSTEM, MT. PLEASANT BENEFIT BALL, MT. PLEASANT MUSEUM OF LOCAL HISTORY, MT. PLEASANT AREA ALLIANCE, AND THE KIDS ON STAGE FOUNDATION. BEGAN THE IMPLEMENTATION OF THE 5 YEAR STRATEGIC PLAN. PROVIDED OR ASSISTED IN PROVIDING VARIOUS PROJECTS FOR THE CITIZENRY OF THE CITY TO HELP PROMOTE/DEVELOP COMMUNITY SPIRIT. (Grants $ 45,956) If this amount includes foreign grants, check here ...			28a
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	45,956

(a) Name and title	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
SARA WILLIAMS Chairman	2.00	0
WILLIAM MOON Director	1.00	0
JIM BARRIER Director	1.00	0
HENDLEY EDWARDS Director	1.00	0
BILL CRAWFORD Director	1.00	0
IRENE DUGGER Director	1.00	0
DELORES BLANKENSHIP Director	1.00	0
SCOTT GAINES Director	1.00	0
DONNA MORENCY Executive Dir.	40.00	49,900
CHANA LYMON Director	1.00	0
GREG YANDELL Director	1.00	0
KATE COLLIER Director	1.00	0

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE


Name of organization MT PLEASANT COMMUNITY DEVELOPMENT CORPORATION	Employer identification number 64-0816127
Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)


Name of organization MT PLEASANT COMMUNITY DEVELOPMENT CORPORATION	Employer identification number 64-0816127
Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Return Reference	Explanation
Grants and Similar Amounts Paid In Excess of $5,000.1	\| Donee's Name: MT. PLEASANT MAIN STREET \| Donee's Address: MAIN STREET MT. PLEASANT TN 38474 \| Cash Amount Given: $30000
Other Expenses.1001	Advertising and Promotion $725
Other Expenses.1002	Office Expenses $12426
Other Expenses.1005	Travel $2294
Other Expenses.1012	Insurance $1643
Other Expenses.1	LOCAL SPONSORSHIPS $16289
Other Expenses.2	TELEPHONE/INTERNET $3364
Other Expenses.3	WEBSITE DESIGN $1038
Other Expenses.4	SUPPLIES $527
Other Expenses.5	DUES AND MEMBERSHIPS $420
Other Expenses.7	REPAIRS AND MAINTENANCE $385
Other Expenses.8	OTHER TAXES AND FEES $270
Other Expenses.10	MISCELLANEOUS $117
Other Expenses.11	BANK FEES $17
Other Assets.1002	Furniture and Fixtures - Beginning $4471 Furniture and Fixtures - Ending $4471
Total Liabilities.1001	Accounts Payable and Accrued Expenses - Beginning $1306 Accounts Payable and Accrued Expenses - Ending $1305

Return Reference

Explanation

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: MT. PLEASANT MAIN STREET | Donee's Address: MAIN STREET MT. PLEASANT TN 38474 | Cash Amount Given: $30000

Other Expenses.1001

Advertising and Promotion $725

Other Expenses.1002

Office Expenses $12426

Other Expenses.1005

Travel $2294

Other Expenses.1012

Insurance $1643

Other Expenses.1

LOCAL SPONSORSHIPS $16289

Other Expenses.2

TELEPHONE/INTERNET $3364

Other Expenses.3

WEBSITE DESIGN $1038

Other Expenses.4

SUPPLIES $527

Other Expenses.5

DUES AND MEMBERSHIPS $420

Other Expenses.7

REPAIRS AND MAINTENANCE $385

Other Expenses.8

OTHER TAXES AND FEES $270

Other Expenses.10

MISCELLANEOUS $117

Other Expenses.11

BANK FEES $17

Other Assets.1002

Furniture and Fixtures - Beginning $4471 Furniture and Fixtures - Ending $4471

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $1306 Accounts Payable and Accrued Expenses - Ending $1305

1	Contributions, gifts, grants, and similar amounts received ....................	1	95,000
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3
4	Investment income ....................................	4	118
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	6,747
c	Less: direct expenses from gaming and fundraising events ...	6c	14,595
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d	-7,848
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	87,270

10	Grants and similar amounts paid (list in Schedule O) ................	10	30,000
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	54,147
13	Professional fees and other payments to independent contractors ............	13	1,250
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ...................	15	558
16	Other expenses (describe in Schedule O) ...................	16	39,515
17	Total expenses. Add lines 10 through 16 .................	17	125,470

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-38,200
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	106,538
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	68,338

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	19009920
Software Version:	2019v5.0


Name of organization MT PLEASANT COMMUNITY DEVELOPMENT CORPORATION			Employer identification number 64-0816127
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.