Civic Intelligence

Carver Apartments Inc

EIN 57-0537717 • 501(c)3 • West Columbia, SC

Profile

LOW INCOME HOUSING

1403 Jaret CourtWest Columbia, SC 29169

n/A

Siviq Scores

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

Liabilities / Assets

88th percentile

0.45x

Higher debt load relative to assets than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.31x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

32nd percentile

-8.5%

Higher net margin than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

34th percentile

-17%

Faster asset growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

6.0%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets88th percentile

Assets

Down

$306,810

Down $64,676 (-17%) from 2023

Liabilities

Down

$137,012

Down $27,518 (-17%) from 2023

Net Assets

Down

$169,798

Down $37,158 (-18%) from 2023

Operations
Liabilities / Revenue89th percentileNet Margin32nd percentile

Revenue

Up

$435,532

Up $24,584 (+6.0%) from 2023

Expenses

Down

$472,690

Down $35,455 (-7.0%) from 2023

Net Income

Up

-$37,158

Up $60,039 (+62%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth34th percentile

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

$1.0M$500K$0Assets 2011: $834,852Liabilities 2011: $367,356Net Assets 2011: $467,4962011Assets 2012: $750,866Liabilities 2012: $357,598Net Assets 2012: $393,2682012Assets 2013: $703,021Liabilities 2013: $346,491Net Assets 2013: $356,5302013Assets 2014: $659,682Liabilities 2014: $337,887Net Assets 2014: $321,7952014Assets 2015: $597,220Liabilities 2015: $313,242Net Assets 2015: $283,9782015Assets 2016: $521,955Liabilities 2016: $300,888Net Assets 2016: $221,0672016Assets 2017: $473,792Liabilities 2017: $283,027Net Assets 2017: $190,7652017Assets 2018: $464,308Liabilities 2018: $264,145Net Assets 2018: $200,1632018Assets 2019: $515,266Liabilities 2019: $241,413Net Assets 2019: $273,8532019Assets 2020: $574,511Liabilities 2020: $232,462Net Assets 2020: $342,0492020Assets 2021: $572,428Liabilities 2021: $216,781Net Assets 2021: $355,6472021Assets 2022: $491,101Liabilities 2022: $186,948Net Assets 2022: $304,1532022Assets 2023: $371,486Liabilities 2023: $164,530Net Assets 2023: $206,9562023Assets 2024: $306,810Liabilities 2024: $137,012Net Assets 2024: $169,7982024

Highlighted filing

2024

Assets$306,810
Liabilities$137,012
Net Assets$169,798
Open 2024 Filing

Operations Trend

Revenue Growth60th percentile

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

$600K$400K$200K$0-$200KExpenses 2011: $387,1142011Expenses 2012: $299,7662012Revenue 2013: $232,434Expenses 2013: $269,172Net Income 2013: -$36,7382013Revenue 2014: $264,118Expenses 2014: $298,853Net Income 2014: -$34,7352014Revenue 2015: $239,485Expenses 2015: $277,302Net Income 2015: -$37,8172015Revenue 2016: $244,101Expenses 2016: $307,012Net Income 2016: -$62,9112016Revenue 2017: $251,456Expenses 2017: $281,758Net Income 2017: -$30,3022017Revenue 2018: $359,340Expenses 2018: $349,942Net Income 2018: $9,3982018Revenue 2019: $367,918Expenses 2019: $294,228Net Income 2019: $73,6902019Revenue 2020: $399,027Expenses 2020: $330,831Net Income 2020: $68,1962020Revenue 2021: $395,923Expenses 2021: $382,325Net Income 2021: $13,5982021Revenue 2022: $401,826Expenses 2022: $453,320Net Income 2022: -$51,4942022Revenue 2023: $410,948Expenses 2023: $508,145Net Income 2023: -$97,1972023Revenue 2024: $435,532Expenses 2024: $472,690Net Income 2024: -$37,1582024

Highlighted filing

2024

Revenue$435,532
Expenses$472,690
Net Income-$37,158
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$306,810
Liabilities
$137,012
Net assets
$169,798
Revenue
$435,532
Expenses
$472,690
Net income
-$37,158
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.07$1.37$1.70$4.36$4.73$0.37
2023Detailed filing. Detailed filing data is available for this year.$3.71$1.65$2.07$4.11$5.08$0.97
2022Detailed filing. Detailed filing data is available for this year.$4.91$1.87$3.04$4.02$4.53$0.51
2021Detailed filing. Detailed filing data is available for this year.$5.72$2.17$3.56$3.96$3.82$0.14
2020Detailed filing. Detailed filing data is available for this year.$5.75$2.32$3.42$3.99$3.31$0.68
2019Detailed filing. Detailed filing data is available for this year.$5.15$2.41$2.74$3.68$2.94$0.74
2018Detailed filing. Detailed filing data is available for this year.$4.64$2.64$2.00$3.59$3.50$0.09
2017Detailed filing. Detailed filing data is available for this year.$4.74$2.83$1.91$2.51$2.82$0.30
2016Detailed filing. Detailed filing data is available for this year.$5.22$3.01$2.21$2.44$3.07$0.63
2015Detailed filing. Detailed filing data is available for this year.$5.97$3.13$2.84$2.39$2.77$0.38
2014Detailed filing. Detailed filing data is available for this year.$6.60$3.38$3.22$2.64$2.99$0.35
2013Summary only. Only limited summary data is available for this year.$7.03$3.46$3.57$2.32$2.69$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.51$3.58$3.93$3.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.35$3.67$4.67$3.87
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.0
Gross Receipts
$435,532
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$238,245$210,545▼ $27,700
Cash and Non-Interest-Bearing Accounts$81,066$54,072▼ $26,994
Prepaid Expenses and Deferred Charges$23,523$27,777▲ $4,254
Accounts Receivable$3,964$2,948▼ $1,016
Total Assets$371,486$306,810▼ $64,676
Other Assets Total$24,688$11,468▼ $13,220
Liabilities
Mortgage Notes Payable Secured by Investment Property$136,385$111,589▼ $24,796
Accounts Payable and Accrued Expenses$15,491$12,698▼ $2,793
Other Liabilities$11,028$11,468▲ $440
Deferred Revenue$1,626$1,257▼ $369
Total Liabilities$164,530$137,012▼ $27,518
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$206,956$169,798▼ $37,158
Total Net Assets Fund Balance$206,956$169,798▼ $37,158
Total Liabilities and Net Assets / Fund Balance$371,486$306,810▼ $64,676

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$176,368$835,212$1,011,580
Other Land Buildings$1,314$146,911$148,225
Equipment$16,166$102,068$118,234
Land$16,697-$16,697
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Michael ChestnutChairman
Carolyn JacksonTrustee
Deacon Walker LewisTrustee
Doris AbrahamTrustee
Linda DavisTrustee
Joyce GloverSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$313,338
Program Service Revenue
$122,194
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-37,158

Audited Revenue Reconciliation

Revenue per Audited Statements
$435,532
Total Revenue per Audited Statements
$435,532
Total Revenue per Form 990
$435,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$472,690
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$112,587--$112,587
Insurance$81,675--$81,675
Office Expenses$33,582--$33,582
Fees for Services Management-$32,397-$32,397
Depreciation Depletion$27,700--$27,700
Fees for Services Legal$24,826--$24,826
Other Expenses$9,848--$9,848
Fees for Services Accounting-$4,920-$4,920
Travel$1,270--$1,270
Advertising$654--$654
Total Functional Expenses$435,373$37,317$0$472,690

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$472,690
Total Expenses per Audited Statements$472,690
Total Expenses per Form 990$472,690
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$11,468
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“All management and accounting functions”

Form 990, Page 6, Part VI, Line 11B

“A board member reviews and signs the return.”

Form 990, Page 6, Part VI, Line 19

“No documents are available to the public.”

Filing and Contact Details

Filer

Filer Name
Carver Apartments Inc
EIN
57-0537717
Phone
8038083966
Address
1403 JARET COURT, WEST COLUMBIA, SC 29169

Signing Officer

Name
Reese B Quick Managing Agent
Title
Managing Agent
Phone
8038083966
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Chestnut
Formed
1969
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Scott and Company LLC
Address
PO BOX 8388, COLUMBIA, SC 29202
Preparer
William T Pouncey
Phone
8032566021
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The process has not changed from the prior year.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Neither the organization nor the project are subject to income taxes. The organization is exempt from federal income tax under internal revenue code section 501(a) as an organization described in section 501(c)(3) and is subject to federal and state income taxes only on net unrelated business income. Management has determined that the organization has no current obligations for unrelated business income tax. Accordingly, no provision for federal and state income taxes is included in the organization's financial statements. The organization is not classified as a private foundation. Generally, the organization's tax returns remain open for three years for federal income tax examinations.”

Raw XML Appendix377 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt015491
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012698
IRS990/AccountsReceivableGrp/BOYAmt03964
IRS990/AccountsReceivableGrp/EOYAmt02948
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0LOW INCOME HOUSING
IRS990/AdvertisingGrp/ProgramServicesAmt0654
IRS990/AdvertisingGrp/TotalAmt0654
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0SOUTHERN DEVELOPMENT MANAGEMENT
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt0COMPANY INC
IRS990/BooksInCareOfDetail/PhoneNum08038083966
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01403 JARET COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0WEST COLUMBIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029169
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt081066
IRS990/CashNonInterestBearingGrp/EOYAmt054072
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0313338
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0472690
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0122194
IRS990/CYRevenuesLessExpensesAmt0-37158
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0472690
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0435532
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01626
IRS990/DeferredRevenueGrp/EOYAmt01257
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt027700
IRS990/DepreciationDepletionGrp/TotalAmt027700
IRS990/Desc0OWNERSHIP AND OPERATION OF A 32-UNIT APARTMENT COMMUNITY UNDER SECTION 221 (D)(3) OF THE NATIONAL HOUSING ACT, AS AMENDED, TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME FAMILIES.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0435373
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04920
IRS990/FeesForServicesAccountingGrp/TotalAmt04920
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt024826
IRS990/FeesForServicesLegalGrp/TotalAmt024826
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt032397
IRS990/FeesForServicesManagementGrp/TotalAmt032397
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0DORIS ABRAHAM
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL CHESTNUT
IRS990/Form990PartVIISectionAGrp/PersonNm2LINDA DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOYCE GLOVER
IRS990/Form990PartVIISectionAGrp/PersonNm4CAROLYN JACKSON
IRS990/Form990PartVIISectionAGrp/PersonNm5DEACON WALKER LEWIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01969
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt0313338
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0435532
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt081675
IRS990/InsuranceGrp/TotalAmt081675
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt017
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01084191
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0238245
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0210545
IRS990/LandBldgEquipCostOrOtherBssAmt01294736
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0LOW INCOME HOUSING
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0136385
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0111589
IRS990/NetAssetsOrFundBalancesBOYAmt0206956
IRS990/NetAssetsOrFundBalancesEOYAmt0169798
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0206956
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0169798
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0112587
IRS990/OccupancyGrp/TotalAmt0112587
IRS990/OfficeExpensesGrp/ProgramServicesAmt033582
IRS990/OfficeExpensesGrp/TotalAmt033582
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt024688
IRS990/OtherAssetsTotalGrp/EOYAmt011468
IRS990/OtherExpensesGrp/Desc0CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER EXPENSES
IRS990/OtherExpensesGrp/ProgramServicesAmt088713
IRS990/OtherExpensesGrp/ProgramServicesAmt154518
IRS990/OtherExpensesGrp/ProgramServicesAmt29848
IRS990/OtherExpensesGrp/TotalAmt088713
IRS990/OtherExpensesGrp/TotalAmt154518
IRS990/OtherExpensesGrp/TotalAmt29848
IRS990/OtherLiabilitiesGrp/BOYAmt011028
IRS990/OtherLiabilitiesGrp/EOYAmt011468
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023523
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027777
IRS990/PrincipalOfficerNm0MICHAEL CHESTNUT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0108974
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110518
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt22702
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0108974
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110518
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt22702
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0300230
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYOtherExpensesAmt0458145
IRS990/PYProgramServiceRevenueAmt0110718
IRS990/PYRevenuesLessExpensesAmt0-97197
IRS990/PYTotalExpensesAmt0508145
IRS990/PYTotalRevenueAmt0410948
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-37158
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0122194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0313338
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0300230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0302615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0304276
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0320903
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01541362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0122194
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0110718
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt099211
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt091647
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt078124
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0501894
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt02043256
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0435532
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0410948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0401826
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0395923
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0399027
IRS990ScheduleA/Total509Grp/TotalAmt02043256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0435532
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0410948
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0401826
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0395923
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0399027
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02043256
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0176368
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0835212
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01011580
IRS990ScheduleD/EquipmentGrp/BookValueAmt016166
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0102068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0118234
IRS990ScheduleD/ExpensesSubtotalAmt0472690
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt016697
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt016697
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt01314
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0146911
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0148225
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt011468
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0435532
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NEITHER THE ORGANIZATION NOR THE PROJECT ARE SUBJECT TO INCOME TAXES. THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO CURRENT OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE INCOME TAXES IS INCLUDED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. GENERALLY, THE ORGANIZATION'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0210545
IRS990ScheduleD/TotalExpensesPerForm990Amt0472690
IRS990ScheduleD/TotalLiabilityAmt011468
IRS990ScheduleD/TotalRevenuePerForm990Amt0435532
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0435532
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0472690
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MANAGEMENT AND ACCOUNTING FUNCTIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A BOARD MEMBER REVIEWS AND SIGNS THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 2C
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0371486
IRS990/TotalAssetsEOYAmt0306810
IRS990/TotalAssetsGrp/BOYAmt0371486
IRS990/TotalAssetsGrp/EOYAmt0306810
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0313338
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037317
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0435373
IRS990/TotalFunctionalExpensesGrp/TotalAmt0472690
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0164530
IRS990/TotalLiabilitiesEOYAmt0137012
IRS990/TotalLiabilitiesGrp/BOYAmt0164530
IRS990/TotalLiabilitiesGrp/EOYAmt0137012
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0206956
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0169798
IRS990/TotalProgramServiceExpensesAmt0435373
IRS990/TotalProgramServiceRevenueAmt0122194
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0122194
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0435532
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0371486
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0306810
IRS990/TravelGrp/ProgramServicesAmt01270
IRS990/TravelGrp/TotalAmt01270
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01403 JARET COURT
IRS990/USAddress/CityNm0WEST COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029169
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0REESE B QUICK MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0MANAGING AGENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08038083966
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-29
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARVER APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0CARV
ReturnHeader/Filer/EIN0570537717
ReturnHeader/Filer/PhoneNum08038083966
ReturnHeader/Filer/USAddress/AddressLine1Txt01403 JARET COURT
ReturnHeader/Filer/USAddress/CityNm0WEST COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029169
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0571021392
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SCOTT AND COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 8388
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029202
ReturnHeader/PreparerPersonGrp/PhoneNum08032566021
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM T POUNCEY
ReturnHeader/ReturnTs02025-05-07T15:51:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.