Tennessee Mortgage Bankers
Tennessee Mortgage Bankers is a private foundation, based in Memphis, TN. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $116K in total assets. In 2025, it made $10K in qualifying distributions. Net investment income was $4.
Tennessee Mortgage Bankers at a glance
- Total assets
- $115,976
- +4.6% vs 2024
- Revenue (2025)
- $4
- +0.0% vs 2024
- Qualifying distributions (2025)
- $10,094
- -15.4% vs 2024
- Expenses (2025)
- $10,094
- -15.8% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Tennessee Mortgage Bankers funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Tennessee Mortgage Bankers gives
- In 2025 it paid out 175% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2022, annual grant giving ranged from $1K (2022) to $5K (2021). In 2022 it made 1 grant totaling $1K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Holston Habitat for Humanity Kingsport, TN | To Fulfill Needs of the Donee | $1,200 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $115,976 | $4 | $10,094 | — | — | $10,094 | $4 | $5,755 |
| 2024 | $110,851 | $4 | $11,993 | — | — | $11,933 | $4 | $5,476 |
| 2023 | $109,641 | $3 | $11,983 | — | — | $10,314 | — | $5,856 |
| 2022 | $126,626 | $2 | $10,249 | $1,200 | 1 | $8,646 | — | $6,544 |
| 2021 | $133,952 | $1 | $7,608 | $4,800 | 4 | — | — | $6,066 |
Under IRS private-foundation payout rules, Tennessee Mortgage Bankers reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Tennessee Mortgage Bankers is led by Jeff Tucker, President since 2025 (on filings since 2021); none of the 5 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeff Tucker
President
Treasurer → Secretary, 2024
Secretary → President, 2025
On filings since 2021
1 hr/week
No compensation reported
Debbie Gadberry
Director
On filings since 2023
1 hr/week
No compensation reported
Todd Brown
Director
On filings since 2024
1 hr/week
No compensation reported
Karley Bond
Secretary
Director → Treasurer, 2024
Treasurer → Secretary, 2025
On filings since 2021
1 hr/week
No compensation reported
Eric Fellows
Treasurer
Director → Treasurer, 2025
On filings since 2022
1 hr/week
No compensation reported
Former officers (8)
- Former: Retta Gardner (2021–2024) — President
- Former: Caitlin Guerra (2023–2024) — Association Executive Director
- Former: Denisha George (2023–2024) — Association Executive Director
- Former: Suzanne McCarty (2023–2024) — Association Senior Financial Analyst
- Former: Jeff Devereaux (2021–2023) — President
- Former: Lacy Wallace Husk (2022) — Chairman
- Former: Dianne Payne (2021) — Chairman
- Former: Lacy Wallace (2021) — Secretary
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Tennessee Mortgage Bankers
How large is Tennessee Mortgage Bankers?
Tennessee Mortgage Bankers reported $116K in total assets on its 2025 IRS Form 990-PF. It paid out $10K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).
Where does Tennessee Mortgage Bankers operate?
Tennessee Mortgage Bankers has awarded grants in Tennessee.
What is Tennessee Mortgage Bankers's EIN?
Tennessee Mortgage Bankers's EIN (Employer Identification Number) is 62-1427379. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in Tennessee Mortgage Bankers's focus areas in our free grants database
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Funders with grantees in common
Habitat for Humanity of TN Inc
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Habitat for Humanity of Tennessee supports its independent state affiliates with funding for home construction and resources for affordable housing work. Its 2025 grants ranged from $20,305 to $2,304,860, with a median of $372,633, and went to affiliates across Tennessee. No application process is provided, so whether it accepts unsolicited requests is not stated.
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Hobson-Wood Foundation Inc
Knoxville, TN
The Hobson-Wood Foundation supports arts and education, youth programs, health care, emergency shelter, and food assistance, with most 2025 grant dollars going to Tennessee organizations. Its 11 grants ranged from $2,000 to $25,000, with a median of $5,000. It funds only preselected charitable organizations and does not accept unsolicited requests.
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