Civic Intelligence

Southeastern Housing and Community Development

990 • Fiscal year 2023 • EIN 31-1480295

Jul 01, 2022 to Jun 30, 2023 • Filed on Feb 13, 2024

Organization ProfileN/A
PO Box 1326Barnwell, SC 29812

(803) 259-3588

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

69th percentile

0.39x

Higher debt load relative to assets than 69% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.98x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Net Margin

17th percentile

-14%

Higher net margin than 17% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2023

Asset Growth

12th percentile

-6.1%

Faster asset growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Revenue Growth

12th percentile

-29%

Faster revenue growth than 12% of similar nonprofits.

2023 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets69th percentile

Assets

Up

$15,812,546

Up $258,904 (+1.7%) from 2021

Net Assets

Up

$9,567,375

Up $1,321,020 (+16%) from 2021

Liabilities

Down

$6,245,171

Down $1,062,116 (-15%) from 2021

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin17th percentile

Revenue

Up

$6,395,815

Up $826,909 (+15%) from 2021

Expenses

Up

$7,282,263

Up $739,496 (+11%) from 2021

Net Income

Up

-$886,448

Up $87,413 (+9.0%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth12th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2014: $18,857,407Liabilities 2014: $8,287,246Net Assets 2014: $10,570,1612014Assets 2016: $18,128,010Liabilities 2016: $7,262,344Net Assets 2016: $10,865,6662016Assets 2017: $17,784,116Liabilities 2017: $7,097,929Net Assets 2017: $10,686,1872017Assets 2018: $16,825,707Liabilities 2018: $6,832,545Net Assets 2018: $9,993,1622018Assets 2019: $16,245,531Liabilities 2019: $6,691,890Net Assets 2019: $9,553,6412019Assets 2020: $15,637,982Liabilities 2020: $6,417,766Net Assets 2020: $9,220,2162020Assets 2021: $15,553,642Liabilities 2021: $7,307,287Net Assets 2021: $8,246,3552021Assets 2023: $15,812,546Liabilities 2023: $6,245,171Net Assets 2023: $9,567,3752023Assets 2024: $14,342,556Liabilities 2024: $6,000,214Net Assets 2024: $8,342,3422024

Highlighted filing

2023

Assets$15,812,546
Liabilities$6,245,171
Net Assets$9,567,375
Open 2023 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2014: $4,805,173Expenses 2014: $4,460,080Net Income 2014: $345,0932014Revenue 2016: $5,034,564Expenses 2016: $5,062,018Net Income 2016: -$27,4542016Revenue 2017: $6,187,431Expenses 2017: $6,366,910Net Income 2017: -$179,4792017Revenue 2018: $5,403,998Expenses 2018: $6,097,023Net Income 2018: -$693,0252018Revenue 2019: $5,558,489Expenses 2019: $5,998,010Net Income 2019: -$439,5212019Revenue 2020: $5,870,277Expenses 2020: $6,203,702Net Income 2020: -$333,4252020Revenue 2021: $5,568,906Expenses 2021: $6,542,767Net Income 2021: -$973,8612021Revenue 2023: $6,395,815Expenses 2023: $7,282,263Net Income 2023: -$886,4482023Revenue 2024: $6,094,595Expenses 2024: $7,328,915Net Income 2024: -$1,234,3202024

Highlighted filing

2023

Revenue$6,395,815
Expenses$7,282,263
Net Income-$886,448
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Feb 13, 2024
Return Version
2022v5.0
Gross Receipts
$6,560,642
Mission and Program Overview

Mission

To provide rental housing to low and moderate income tenants by owning and operating apartment complexes and single family homes located in the southeastern section of south carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$11,920,284$11,198,613▼ $721,671
Savings and Temporary Cash Investments$3,448,610$3,183,468▼ $265,142
Cash and Non-Interest-Bearing Accounts$594,076$461,480▼ $132,596
Accounts Receivable$251,647$271,208▲ $19,561
Prepaid Expenses and Deferred Charges$33,648$58,563▲ $24,915
Other Notes and Loans Receivable, Net$23,235$34,479▲ $11,244
Total Assets$16,845,828$15,812,546▼ $1,033,282
Other Assets Total$574,328$604,735▲ $30,407
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,669,620$5,172,106▼ $497,514
Accounts Payable and Accrued Expenses$471,500$815,476▲ $343,976
Other Liabilities$250,885$257,589▲ $6,704
Total Liabilities$6,392,005$6,245,171▼ $146,834
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,384,620$9,411,311▼ $973,309
Net Assets With Donor Restrictions$69,203$156,064▲ $86,861
Total Net Assets Fund Balance$10,453,823$9,567,375▼ $886,448
Total Liabilities and Net Assets / Fund Balance$16,845,828$15,812,546▼ $1,033,282

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$9,231,474$15,132,593$24,364,067
Land$1,854,639-$1,854,639
Equipment$107,824$302,986$410,810
Other Land Buildings$487$19,757$20,244
Leasehold Improvements$4,189$5,866$10,055
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Douglas HaleyChairman
Cynthia DavisBoard Member
David BarnetteBoard Member
Felicia JoynerBoard Member
Jacqueline EllisBoard Member
Vickie BlackBoard Member
Robert ThomasExecutive Director

Highest Paid Contractors

ContractorServicesLocationCompensation
Sc Regional Housing Authority #3ManagementPO BOX 1326, Barnwell, SC 29812$361,800
Revenue and Support

Revenue Composition

Contributions and Grants
$3,536,216
Program Service Revenue
$2,200,380
Investment Income
$93,862
Other Revenue
$565,357
All Other Contributions
$257,994
Change in Net Assets
$-886,448

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,395,815
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$6,395,815
Total Revenue per Form 990
$6,395,815
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,282,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$841,981--$841,981
Occupancy$781,993--$781,993
Insurance$405,187$4,522-$409,709
All Other Expenses$258,631$116,852-$375,483
Fees for Services Management$361,800--$361,800
Interest$191,861$128-$191,989
Office Expenses$102,368$31,411-$133,779
Other Expenses$85,887$79,373-$85,887
Fees for Services Legal$3,604$58,962-$62,566
Travel$37,500$19,317-$56,817
Fees for Services Accounting$20,498--$20,498
Advertising$9,922--$9,922
Total Functional Expenses$6,866,084$416,179$0$7,282,263

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$7,282,263
Total Expenses per Audited Statements$7,282,263
Total Expenses per Form 990$7,282,263
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$149,614
Prepaid Rent$75,975
Deferred Contract Revenue$32,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The organization has delegated control over management duties to south carolina regional housing authority #3.”

Form 990, Part VI, Section B, Line 11B

“The organization's executive director, senior asset manager, and accountant review the form 990 and then a draft is presented to the board for approval prior to filing.”

Form 990, Part VI, Section B, Line 12C

“Officers, employees, and agents of the organization are required to disclose any possible conflicts of interest to the board of trustees.”

Form 990, Part VI, Section C, Line 19

“The information is available upon written request.”

Filing and Contact Details

Filer

Filer Name
Southeastern Housing and Community
EIN
31-1480295
Phone
8032593588
Address
PO BOX 1326, BARNWELL, SC 29812

Signing Officer

Name
Robert Thomas
Title
Executive Director
Phone
8032593588
Signed
2024-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Thomas
Formed
1976
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
11
Volunteers
6

Preparer

Firm
Bernard Robinson & Company Llp
Address
PO BOX 19608, GREENSBORO, NC 27419-9608
Preparer
Irish Thurston
Phone
3362944494
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

“This process has not changed from prior years.”

Financial Statement Notes

PART X, LINE 2:

“It is the organization's policy to evaluate all tax positions to identify any that may be considered uncertain. All identified material tax positions are assessed and measured by a more-likely-than-not threshold to determine if the tax position is uncertain and what, if any, the effect of the uncertain tax position may have on the consolidated financial statements. No material uncertain tax positions were identified for 2023 and 2022.”

Raw XML AppendixShowing 400 of 509 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0471500
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0815476
IRS990/AccountsReceivableGrp/BOYAmt0251647
IRS990/AccountsReceivableGrp/EOYAmt0271208
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE RENTAL HOUSING TO LOW AND MODERATE INCOME TENANTS BY OWNING AND OPERATING APARTMENT COMPLEXES AND SINGLE FAMILY HOMES LOCATED IN THE SOUTHEASTERN SECTION OF SOUTH CAROLINA.
IRS990/AdvertisingGrp/ProgramServicesAmt09922
IRS990/AdvertisingGrp/TotalAmt09922
IRS990/AllOtherContributionsAmt0257994
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0116852
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0258631
IRS990/AllOtherExpensesGrp/TotalAmt0375483
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SC REGIONAL HOUSING AUTHORITY #3
IRS990/BooksInCareOfDetail/PhoneNum08032593588
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt010938 ELLENTON STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BARNWELL
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029182
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0594076
IRS990/CashNonInterestBearingGrp/EOYAmt0461480
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0361800
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0PO BOX 1326
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BARNWELL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0SC
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd029812
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0SC REGIONAL HOUSING AUTHORITY #3
IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt03536216
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt093862
IRS990/CYOtherExpensesAmt07282263
IRS990/CYOtherRevenueAmt0565357
IRS990/CYProgramServiceRevenueAmt02200380
IRS990/CYRevenuesLessExpensesAmt0-886448
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt07282263
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt06395815
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd01
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0841981
IRS990/DepreciationDepletionGrp/TotalAmt0841981
IRS990/Desc0PROVIDE HOUSING TO LOW AND MODERATE INCOME FAMILIES UNDER HUD GUIDELINES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt069203
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0156064
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt011
IRS990/EmploymentTaxReturnsFiledInd00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt06866084
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt020498
IRS990/FeesForServicesAccountingGrp/TotalAmt020498
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt058962
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt03604
IRS990/FeesForServicesLegalGrp/TotalAmt062566
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0361800
IRS990/FeesForServicesManagementGrp/TotalAmt0361800
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt620.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0DOUGLAS HALEY
IRS990/Form990PartVIISectionAGrp/PersonNm1DAVID BARNETTE
IRS990/Form990PartVIISectionAGrp/PersonNm2VICKIE BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm3CYNTHIA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm4JACQUELINE ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm5FELICIA JOYNER
IRS990/Form990PartVIISectionAGrp/PersonNm6ROBERT THOMAS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01976
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt065193
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt03278222
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0230020
IRS990/GrossReceiptsAmt06560642
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt04522
IRS990/InsuranceGrp/ProgramServicesAmt0405187
IRS990/InsuranceGrp/TotalAmt0409709
IRS990/InterestGrp/ManagementAndGeneralAmt0128
IRS990/InterestGrp/ProgramServicesAmt0191861
IRS990/InterestGrp/TotalAmt0191989
IRS990/InvestmentIncomeGrp/ExclusionAmt028669
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028669
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt082
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt015461202
IRS990/LandBldgEquipBasisNetGrp/BOYAmt011920284
IRS990/LandBldgEquipBasisNetGrp/EOYAmt011198613
IRS990/LandBldgEquipCostOrOtherBssAmt026659815
IRS990/LegalDomicileStateCd0SC
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0164827
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt089094
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt089094
IRS990/MissionDesc0TO PROVIDE RENTAL HOUSING TO LOW AND MODERATE INCOME TENANTS BY OWNING AND OPERATING APARTMENT COMPLEXES AND SINGLE FAMILY HOMES LOCATED IN THE SOUTHEASTERN SECTION OF SOUTH CAROLINA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05669620
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05172106
IRS990/NetAssetsOrFundBalancesBOYAmt010453823
IRS990/NetAssetsOrFundBalancesEOYAmt09567375
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt08064
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt057129
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt065193
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010384620
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt09411311
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0781993
IRS990/OccupancyGrp/TotalAmt0781993
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt031411
IRS990/OfficeExpensesGrp/ProgramServicesAmt0102368
IRS990/OfficeExpensesGrp/TotalAmt0133779
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0574328
IRS990/OtherAssetsTotalGrp/EOYAmt0604735
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MAINTENANCE
IRS990/OtherExpensesGrp/Desc1SALARY REIMBURSEMENT
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3RESIDENT SERVICES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021327
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt184287
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt279373
IRS990/OtherExpensesGrp/ProgramServicesAmt01905408
IRS990/OtherExpensesGrp/ProgramServicesAmt11767746
IRS990/OtherExpensesGrp/ProgramServicesAmt291698
IRS990/OtherExpensesGrp/ProgramServicesAmt385887
IRS990/OtherExpensesGrp/TotalAmt01926735
IRS990/OtherExpensesGrp/TotalAmt11852033
IRS990/OtherExpensesGrp/TotalAmt2171071
IRS990/OtherExpensesGrp/TotalAmt385887
IRS990/OtherLiabilitiesGrp/BOYAmt0250885
IRS990/OtherLiabilitiesGrp/EOYAmt0257589
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0WAREHOUSE SALES
IRS990/OtherRevenueMiscGrp/Desc1CONTRACT INCOME
IRS990/OtherRevenueMiscGrp/Desc2BAD DEBT COLLECTED
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0226950
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1192946
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt256367
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0226950
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1192946
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt256367
IRS990/OtherRevenueTotalAmt0565357
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt023235
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt034479
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt033648
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt058563
IRS990/PrincipalOfficerNm0ROBERT THOMAS
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/BusinessCd3531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2COIN LAUNDRY
IRS990/ProgramServiceRevenueGrp/Desc3APPLICATION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02092586
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1102239
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23295
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt32260
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02092586
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1102239
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23295
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt32260
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03325876
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02666192
IRS990/PYOtherExpensesAmt06862191
IRS990/PYOtherRevenueAmt0674957
IRS990/PYProgramServiceRevenueAmt02402634
IRS990/PYRevenuesLessExpensesAmt02207468
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt06862191
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09069659
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-886448
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02822866
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03448610
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03183468
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03536216
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03325876
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt03302676
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03277662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03302409
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016744839
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt028669
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02204
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04775
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07389
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06106
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt049143
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt010257693
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0565357
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0673978
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0302090
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0636625
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0383991
IRS990ScheduleA/OtherIncome170Grp/TotalAmt02562041
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.86510
IRS990ScheduleA/PublicSupportPY170Pct00.86780
IRS990ScheduleA/PublicSupportTotal170Amt016744839
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03536216
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03325876
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03302676
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03277662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt03302409
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016744839
IRS990ScheduleA/TotalSupportAmt019356023
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt09231474
IRS990ScheduleD/BuildingsGrp/DepreciationAmt015132593
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024364067
IRS990ScheduleD/EquipmentGrp/BookValueAmt0107824
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0302986
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0410810
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt07282263
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01854639
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01854639
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt04189
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt05866
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt010055
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0487
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019757
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020244
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt075975
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1149614
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt232000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED CONTRACT REVENUE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt06395815
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE CONSOLIDATED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2023 AND 2022.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011198613
IRS990ScheduleD/TotalExpensesPerForm990Amt07282263
IRS990ScheduleD/TotalLiabilityAmt0257589
IRS990ScheduleD/TotalRevenuePerForm990Amt06395815
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06395815
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt07282263
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO SOUTH CAROLINA REGIONAL HOUSING AUTHORITY #3.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S EXECUTIVE DIRECTOR, SENIOR ASSET MANAGER, AND ACCOUNTANT REVIEW THE FORM 990 AND THEN A DRAFT IS PRESENTED TO THE BOARD FOR APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS, EMPLOYEES, AND AGENTS OF THE ORGANIZATION ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST TO THE BOARD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE INFORMATION IS AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0SOUTHEASTERN HOUSING AND COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1SOUTHEASTERN HOUSING AND COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt2SOUTHEASTERN HOUSING AND COMMUNITY DEVELOPMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0SOUTHEASTERN CONSTRUCTION AND DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1COLONY WEST APARTMENTS OF BARNWELL LP
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt2WILLISTON ELDERLY APARTMENTS LP
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0200341755
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1201096071
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN2200254564
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0189829
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11376669
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt2683553
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0SC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$15,812,546
Liabilities
$6,245,171
Net assets
$9,567,375
Revenue
$6,395,815
Expenses
$7,282,263
Net income
-$886,448
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.3$6.00$8.34$6.09$7.33$1.23
2023Detailed filing. Detailed filing data is available for this year.$15.8$6.25$9.57$6.40$7.28$0.89
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$7.31$8.25$5.57$6.54$0.97
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$6.42$9.22$5.87$6.20$0.33
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.2$6.69$9.55$5.56$6.00$0.44
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.8$6.83$9.99$5.40$6.10$0.69
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$17.8$7.10$10.7$6.19$6.37$0.18
2016Detailed filing. Detailed filing data is available for this year.$18.1$7.26$10.9$5.03$5.06$0.03
2014Detailed filing. Detailed filing data is available for this year.$18.9$8.29$10.6$4.81$4.46$0.35