Civic Intelligence

Draymont Housing Corporation

EIN 56-2381978 • 501(c)3 • Greenville, SC

Profile

Draymont housing corporation is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 24 unit community known as draymont ridge apartments located in spartanburg, south carolina, which provides housing for low-income elderly persons. The corporation receives housing assistance from the u.s. Department of housing and urban development pursuant to section 202 of the national housing act, as amended.

325 Rocky Slope Road 301Greenville, SC 29607

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

53rd percentile

0.02x

Higher debt load relative to assets than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

69th percentile

0.10x

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

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

25th percentile

-8.5%

Higher net margin than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

34th percentile

-2.2%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

47th percentile

5.1%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$606,837

Down $18,005 (-2.9%) from 2024

Liabilities

Down

$14,514

Down $5,537 (-28%) from 2024

Net Assets

Down

$592,323

Down $12,468 (-2.1%) from 2024

Revenue

Up

$147,001

Up $6,562 (+4.7%) from 2024

Expenses

Up

$159,469

Up $16,822 (+12%) from 2024

Net Income

Down

-$12,468

Down $10,260 (-465%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0Assets 2011: $740,318Liabilities 2011: $59,352Net Assets 2011: $680,9662011Assets 2012: $724,382Liabilities 2012: $70,981Net Assets 2012: $653,4012012Assets 2013: $709,675Liabilities 2013: $74,514Net Assets 2013: $635,1612013Assets 2014: $691,985Liabilities 2014: $93,496Net Assets 2014: $598,4892014Assets 2015: $679,291Liabilities 2015: $99,585Net Assets 2015: $579,7062015Assets 2016: $657,184Liabilities 2016: $97,408Net Assets 2016: $559,7762016Assets 2017: $636,360Liabilities 2017: $88,421Net Assets 2017: $547,9392017Assets 2018: $617,922Liabilities 2018: $94,253Net Assets 2018: $523,6692018Assets 2019: $615,989Liabilities 2019: $89,928Net Assets 2019: $526,0612019Assets 2020: $638,381Liabilities 2020: $87,058Net Assets 2020: $551,3232020Assets 2021: $665,197Liabilities 2021: $76,586Net Assets 2021: $588,6112021Assets 2022: $627,464Liabilities 2022: $11,686Net Assets 2022: $615,7782022Assets 2023: $633,922Liabilities 2023: $26,923Net Assets 2023: $606,9992023Assets 2024: $624,842Liabilities 2024: $20,051Net Assets 2024: $604,7912024Assets 2025: $606,837Liabilities 2025: $14,514Net Assets 2025: $592,3232025

Highlighted filing

2025

Assets$606,837
Liabilities$14,514
Net Assets$592,323

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $72,022Expenses 2011: $86,096Net Income 2011: -$14,0742011Revenue 2012: $76,009Expenses 2012: $103,574Net Income 2012: -$27,5652012Revenue 2013: $80,940Expenses 2013: $99,180Net Income 2013: -$18,2402013Revenue 2014: $72,387Expenses 2014: $109,059Net Income 2014: -$36,6722014Revenue 2015: $79,504Expenses 2015: $98,287Net Income 2015: -$18,7832015Revenue 2016: $91,493Expenses 2016: $111,423Net Income 2016: -$19,9302016Revenue 2017: $101,284Expenses 2017: $113,121Net Income 2017: -$11,8372017Revenue 2018: $109,966Expenses 2018: $134,236Net Income 2018: -$24,2702018Revenue 2019: $128,517Expenses 2019: $126,125Net Income 2019: $2,3922019Revenue 2020: $141,482Expenses 2020: $116,220Net Income 2020: $25,2622020Revenue 2021: $149,124Expenses 2021: $111,836Net Income 2021: $37,2882021Revenue 2022: $154,768Expenses 2022: $127,601Net Income 2022: $27,1672022Revenue 2023: $132,966Expenses 2023: $141,745Net Income 2023: -$8,7792023Revenue 2024: $140,439Expenses 2024: $142,647Net Income 2024: -$2,2082024Revenue 2025: $147,001Expenses 2025: $159,469Net Income 2025: -$12,4682025

Highlighted filing

2025

Revenue$147,001
Expenses$159,469
Net Income-$12,468

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.07$0.15$5.92$1.47$1.59$0.12
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.25$0.20$6.05$1.40$1.43$0.02
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.34$0.27$6.07$1.33$1.42$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.27$0.12$6.16$1.55$1.28$0.27
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.65$0.77$5.89$1.49$1.12$0.37
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.38$0.87$5.51$1.41$1.16$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.16$0.90$5.26$1.29$1.26$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.18$0.94$5.24$1.10$1.34$0.24
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.36$0.88$5.48$1.01$1.13$0.12
2016Summary only. Only limited summary data is available for this year.$6.57$0.97$5.60$0.91$1.11$0.20
2015Summary only. Only limited summary data is available for this year.$6.79$1.00$5.80$0.80$0.98$0.19
2014Summary only. Only limited summary data is available for this year.$6.92$0.93$5.98$0.72$1.09$0.37
2013Summary only. Only limited summary data is available for this year.$7.10$0.75$6.35$0.81$0.99$0.18
2012Summary only. Only limited summary data is available for this year.$7.24$0.71$6.53$0.76$1.04$0.28
2011Summary only. Only limited summary data is available for this year.$7.40$0.59$6.81$0.72$0.86$0.14
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 13, 2026
Return Version
2024v5.5
Gross Receipts
$147,001
Mission and Program Overview

Mission

Draymont housing corporation is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 24 unit community known as draymont ridge apartments located in spartanburg, south carolina, which provides housing for low-income elderly persons. The corporation receives housing assistance from the u.s. Department of housing and urban development pursuant to section 202 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$525,105$498,084▼ $27,021
Investments Program Related$90,817$102,913▲ $12,096
Prepaid Expenses and Deferred Charges$783$1,067▲ $284
Accounts Receivable$2,693$862▼ $1,831
Cash and Non-Interest-Bearing Accounts$1,856$343▼ $1,513
Total Assets$624,842$606,837▼ $18,005
Other Assets Total$3,588$3,568▼ $20
Liabilities
Accounts Payable and Accrued Expenses$16,154$10,609▼ $5,545
Other Liabilities$3,567$3,568▲ $1
Deferred Revenue$330$337▲ $7
Total Liabilities$20,051$14,514▼ $5,537
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$604,791$592,323▼ $12,468
Total Net Assets Fund Balance$604,791$592,323▼ $12,468
Total Liabilities and Net Assets / Fund Balance$624,842$606,837▼ $18,005

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$416,813$391,882$808,695
Equipment$43,890$19,163$63,053
Land$31,613-$31,613
Other Land Buildings$5,768$19,290$25,058
Investment Program Related Org$97,690--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian ThomasBoard Chair
Candace TimmermanPresident
Denise FranklinVice Chair
Alyson RaineyDirector
Britt GillespieDirector
Gary StancellDirector
Irene Hamilton-jonesDirector
Jack ReadDirector
Jessica SalviniDirector
Julia MullenDirector
LESLEE O'KELLYDirector
MARK O'ROURKEDirector
Naomi RusktikovaDirector
Jim BoydTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,664
Program Service Revenue
$54,840
Investment Income
$1,916
Other Revenue
$581
Change in Net Assets
$-12,468

Audited Revenue Reconciliation

Revenue per Audited Statements
$147,001
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$147,001
Total Revenue per Form 990
$147,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$159,469
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
Occupancy$73,683--$73,683
Depreciation Depletion$29,039--$29,039
Fees for Services Management-$8,880-$8,880
Office Expenses-$6,613-$6,613
Fees for Services Accounting-$4,500-$4,500
Insurance$1,072--$1,072
Travel-$366-$366
Other Expenses$21,163$76-$76
Fees for Services Legal-$8-$8
Total Functional Expenses$124,957$34,512$0$159,469

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$159,468
Total Expenses per Audited Statements$159,468
Total Expenses per Form 990$159,468
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
Security Deposits$3,568
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has entered into a management agreement with a management agent for day-to-day management of the apartment community as is customary for owners/operators of hud-assisted rental communities. The management contract encompasses the day to day operations of the project including, but not limited to, collection of rents, maintenance of facilities, supervision of staff, and ongoing support for both the owners and tenants as needed in order to establish a safe, sanitary and affordable environment.

Form 990, Part VI, Section A, Line 7A

The directors of the corporation shall, at all times, be limited to individuals who are either members of the board of directors of united housing connections or nonmembers who have the approval of the board of directors of the said sponsoring organization. In the event that a director of the corporation ceases to be a member of the board of directors of united housing connections, or if the aforesaid approval is withdrawn, then, in either event, such shall constitute automatic resignation as a director of the corporation.

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

The return is prepared by a cpa firm and sent to the management agent for initial review and approval. The management agent then sends the return to the board of directors for final review, approval, and signature.

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

Officers, employees and board members are required to annually disclose any possible conflicts of interest.

Form 990, Part VI, Section B, Line 15

The board uses information based on other not-for-profit industry groups and a performance management process to assess, grade the performance of officers and to set pay grades and ranges. The executive director uses information based on other not-for-profit industry groups and a performance management process to assess, grade the performance of key employees and to set pay grades and ranges.

Form 990, Part VI, Section C, Line 19

Documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Draymont Housing Corporation
EIN
56-2381978
Phone
8035361056
Address
325 ROCKY SLOPE ROAD 301, GREENVILLE, SC 29607
Doing Business As
Draymont Ridge Apartments

Signing Officer

Name
Candace Timmerman
Title
President
Phone
8035361056
Signed
2026-01-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Candace Timmerman
Formed
2003
Legal Domicile
Sc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Jessica Cooper
Phone
3178485700
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The management company receives a copy of the audit. Prior to the finalization of the audit, a copy of the audit is given to all of the board members for their comments. When the audit is up for bid, the board discusses the relationship with the current auditors and makes a determination as to whether to maintain this relationship or change to a new auditing firm.

Financial Statement Notes

PART X, LINE 2:

The corporation is exempt from federal income tax under section 501(c)(3) of the internal revenue code and state income tax and has been classified as an other than private foundation. Accordingly, no provision for federal and state taxes on revenue and income has been recognized in the accompanying financial statements. Generally, the federal and state tax returns are subject to examination for three years after the later of the original or extended due date or the date filed with the applicable tax authority.

Raw XML AppendixShowing 400 of 619 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
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IRS990/Form990PartVIISectionAGrp/PersonNm3ALYSON RAINEY
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt089664
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0147001
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt01072
IRS990/InsuranceGrp/TotalAmt01072
IRS990/InvestmentIncomeGrp/ExclusionAmt01916
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01916
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt090817
IRS990/InvestmentsProgramRelatedGrp/EOYAmt0102913
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0430335
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IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0DRAYMONT HOUSING CORPORATION IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 24 UNIT COMMUNITY KNOWN AS DRAYMONT RIDGE APARTMENTS LOCATED IN SPARTANBURG, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW-INCOME ELDERLY PERSONS. THE CORPORATION RECEIVES HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0604791
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0604791
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0592323
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt073683
IRS990/OccupancyGrp/TotalAmt073683
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06613
IRS990/OfficeExpensesGrp/TotalAmt06613
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03588
IRS990/OtherAssetsTotalGrp/EOYAmt03568
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY EMPL
IRS990/OtherExpensesGrp/Desc1BAD DEBT
IRS990/OtherExpensesGrp/Desc2ADMINISTRATIVE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt011408
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12661
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt276
IRS990/OtherExpensesGrp/ProgramServicesAmt021163
IRS990/OtherExpensesGrp/TotalAmt032571
IRS990/OtherExpensesGrp/TotalAmt12661
IRS990/OtherExpensesGrp/TotalAmt276
IRS990/OtherLiabilitiesGrp/BOYAmt03567
IRS990/OtherLiabilitiesGrp/EOYAmt03568
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/Desc0TENANT CHARGES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
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IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt135
IRS990/OtherRevenueTotalAmt0581
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0783
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01067
IRS990/PrincipalOfficerNm0CANDACE TIMMERMAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt054840
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt087148
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02083
IRS990/PYOtherExpensesAmt0142647
IRS990/PYOtherRevenueAmt02011
IRS990/PYProgramServiceRevenueAmt049197
IRS990/PYRevenuesLessExpensesAmt0-2208
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0142647
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0140439
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-12468
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd01
IRS990/RevenueAmt054840
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt089664
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt087148
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt086072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt097948
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0103445
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0464277
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01916
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02083
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0574
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04666
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt054840
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt049197
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt046320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt041001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt041556
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0232914
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01916
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02083
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0574
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt057
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt036
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04666
IRS990ScheduleA/InvestmentIncomeCYPct00.00640
IRS990ScheduleA/InvestmentIncomePYPct00.00390
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0581
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02011
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt015761
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04087
IRS990ScheduleA/OtherIncome509Grp/TotalAmt022440
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96260
IRS990ScheduleA/PublicSupportPY509Pct00.96520
IRS990ScheduleA/PublicSupportTotal509Amt0697191
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0144504
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0136345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0132392
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0138949
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0145001
IRS990ScheduleA/Total509Grp/TotalAmt0697191
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0147001
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0140439
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0132966
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0154767
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0149124
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0724297
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/BookValueAmt0416813
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0391882
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0808695
IRS990ScheduleD/EquipmentGrp/BookValueAmt043890
IRS990ScheduleD/EquipmentGrp/DepreciationAmt019163
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt063053
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0159468
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt05223
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt197690
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/LandGrp/BookValueAmt031613
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031613
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05768
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt019290
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt025058
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03568
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0147001
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0498084
IRS990ScheduleD/TotalBookValueProgramRltdAmt0102913
IRS990ScheduleD/TotalExpensesPerForm990Amt0159468
IRS990ScheduleD/TotalLiabilityAmt03568
IRS990ScheduleD/TotalRevenuePerForm990Amt0147001
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0147001
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0159468
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT AGENT FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS CUSTOMARY FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF THE BOARD OF DIRECTORS OF UNITED HOUSING CONNECTIONS OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF THE SAID SPONSORING ORGANIZATION. IN THE EVENT THAT A DIRECTOR OF THE CORPORATION CEASES TO BE A MEMBER OF THE BOARD OF DIRECTORS OF UNITED HOUSING CONNECTIONS, OR IF THE AFORESAID APPROVAL IS WITHDRAWN, THEN, IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A DIRECTOR OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE RETURN IS PREPARED BY A CPA FIRM AND SENT TO THE MANAGEMENT AGENT FOR INITIAL REVIEW AND APPROVAL. THE MANAGEMENT AGENT THEN SENDS THE RETURN TO THE BOARD OF DIRECTORS FOR FINAL REVIEW, APPROVAL, AND SIGNATURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICERS, EMPLOYEES AND BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST.

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