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ObjectId: 201923169349304587 - Submission: 2019-11-12
TIN: 03-0482299
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
Attach to Form 990.
Go to
www.irs.gov/Form990
for instructions and the latest information.
OMB No. 1545-0047
20
18
Open to Public Inspection
Name of the organization
MEMPHIS LAND BANK INC
Employer identification number
03-0482299
Part I
Identification of Disregarded Entities
Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Total income
(e)
End-of-year assets
(f)
Direct controlling
entity
(1)
MLB-UPTOWN LLC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-8979580
AFFORDABLE HOUSING
TN
0
60,402
(2)
MLB MEDICAL CENTER LLC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
AFFORDABLE HOUSING
TN
0
12,344
(3)
MLB SCHOOLFIELD LLC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
AFFORDABLE HOUSING
TN
0
176,800
(4)
MLB UNIVERSITY PLACE TWO LLC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
AFFORDABLE HOUSING
TN
0
7,548,485
(5)
MEMPHIS MANAGEMENT PARTNERS LLC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
46-4870856
AFFORDABLE HOUSING
TN
351,583
1,054,926
Part II
Identification of Related Tax-Exempt Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization
(b)
Primary activity
(c)
Legal domicile (state
or foreign country)
(d)
Exempt Code section
(e)
Public charity status
(if section 501(c)(3))
(f)
Direct controlling
entity
(g)
Section 512(b)(13) controlled entity?
Yes
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2018
Page 2
Schedule R (Form 990) 2018
Page
2
Part III
Identification of Related Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust
Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
(b)
Primary activity
(c)
Legal
domicile
(state or foreign
country)
(d)
Direct controlling
entity
(e)
Type of entity
(C corp, S corp,
or trust)
(f)
Share of total income
(g)
Share of end-of-year
assets
(h)
Percentage
ownership
(i)
Section 512(b)(13) controlled entity?
Yes
No
(1)
MLB RICHMOND PLACE INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-1047526
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(2)
MLB PARKWAY COMMONS INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-1047559
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(3)
MLB AGNES PLACE INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-1647375
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(4)
MLB FORD SR VILLAS INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-8853505
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(5)
MLB UNIVERSITY PLACE INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-8979359
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(6)
MLB HORN LAKE INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-8030913
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(7)
MLB FAIRWAY MANOR INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
20-8979422
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(8)
MLB LAKEVIEW INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
26-4362027
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(9)
MLB LEVI INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
26-4361879
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(10)
MLB LYONS RIDGE INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
27-0818950
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(11)
MLB CYPRESSWOOD INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
27-0854231
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
(12)
MLB MANOR PARK INC
5050 POPLAR AVE STE 1714
MEMPHIS
,
TN
381571714
81-3285744
AFFORDABLE HOUSING
TN
C
100.000 %
Yes
Schedule R (Form 990) 2018
Page 3
Schedule R (Form 990) 2018
Page
3
Part V
Transactions With Related Organizations
Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note.
Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1
During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a
Receipt of
(i)
interest,
(ii)
annuities,
(iii)
royalties, or
(iv)
rent from a controlled entity
.....................
1a
No
b
Gift, grant, or capital contribution to related organization(s)
............................
1b
No
c
Gift, grant, or capital contribution from related organization(s)
............................
1c
No
d
Loans or loan guarantees to or for related organization(s)
............................
1d
No
e
Loans or loan guarantees by related organization(s)
............................
1e
No
f
Dividends from related organization(s)
............................
1f
No
g
Sale of assets to related organization(s)
............................
1g
No
h
Purchase of assets from related organization(s)
............................
1h
No
i
Exchange of assets with related organization(s)
............................
1i
No
j
Lease of facilities, equipment, or other assets to related organization(s)
.......................
1j
No
k
Lease of facilities, equipment, or other assets from related organization(s)
......................
1k
No
l
Performance of services or membership or fundraising solicitations for related organization(s)
.....................
1l
No
m
Performance of services or membership or fundraising solicitations by related organization(s)
.................
1m
No
n
Sharing of facilities, equipment, mailing lists, or other assets with related organization(s)
...................
1n
No
o
Sharing of paid employees with related organization(s)
............................
1o
No
p
Reimbursement paid to related organization(s) for expenses
............................
1p
No
q
Reimbursement paid by related organization(s) for expenses
............................
1q
No
r
Other transfer of cash or property to related organization(s)
............................
1r
No
s
Other transfer of cash or property from related organization(s)
............................
1s
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization
(b)
Transaction
type (a-s)
(c)
Amount involved
(d)
Method of determining amount involved
Schedule R (Form 990) 2018
Page 4
Schedule R (Form 990) 2018
Page
4
Part VI
Unrelated Organizations Taxable as a Partnership
Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity
(b)
Primary activity
(c)
Legal domicile
(state or foreign
country)
(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)
(e)
Are all partners
section
501(c)(3)
organizations?
(f)
Share of total income
(g)
Share of
end-of-year
assets
(h)
Disproprtionate allocations?
(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065)
(j)
General or
managing
partner?
(k)
Percentage
ownership
Yes
No
Yes
No
Yes
No
Schedule R (Form 990) 2018
Page 5
Schedule R (Form 990) 2018
Page
5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference
Explanation
Schedule R (Form 990) 2018
Additional Data
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