Organizations Filed Purposes:
TO ACQUIRE CERTAIN PROPERTIES FROM THE UNIVERSITY OF THE CUMBERLANDS, INC. IN ORDER FOR THEM TO ACQUIRE ADDITIONAL FUNDING, THROUGH A NEW MARKETS TAX CREDIT TRANSACTION, TO COMPLETE A STATE OF THE ART SCIENCE BUILDING, POOL AND CERTAIN ATHLETIC FIELDS.
CUMBERLAND WELLNESS PROPERTIES, INC. WAS FORMED TO FACILITATE A NEW MARKETS TAX CREDIT TRANSACTION. THEIR FUNCTION IS TO LEASE THE SCIENCE BUILDING, POOL, ATHLETIC AND MARCHING BAND FIELDS TO THE UNIVERSITY OF THE CUMBERLANDS, INC. IN ORDER FOR THEM TO PROVIDE STATE-OF-THE-ART EDUCATIONAL FACILITIES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Larry Cockrum | PRESIDENT | 5 | $0 |
| Quentin Young | CFO | 5 | $0 |
| Lonnie Walden | SECRETARY | 1 | $0 |
| Paul Steely | DIRECTOR | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202111379349300166_public.xml