Civic Intelligence

Kershaw Special Housing Inc.

990 • Fiscal year 2014 • EIN 57-0759237

Jul 01, 2013 to Jun 30, 2014 • Filed on Oct 07, 2014

PO Box 15129709

(843) 623-9016

Siviq Scores

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

Liabilities / Assets

97th percentile

2.09x

Higher debt load relative to assets than 97% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

98th percentile

2.89x

Higher debt load relative to revenue than 98% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

54th percentile

4.3%

Faster asset growth than 54% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

57th percentile

5.9%

Faster revenue growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2014

Assets

Up

$194,916

Up $7,997 (+4.3%) from 2013

Net Assets

Up

-$211,939

Up $20,917 (+9.0%) from 2013

Liabilities

Down

$406,855

Down $12,920 (-3.1%) from 2013

Revenue

$140,843

No earlier filing loaded for comparison.

Expenses

Down

$119,926

Down $1,078 (-0.9%) from 2013

Net Income

$20,917

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200K-$400KAssets 2011: $206,639Liabilities 2011: $449,587Net Assets 2011: -$242,9482011Assets 2012: $193,327Liabilities 2012: $433,672Net Assets 2012: -$240,3452012Assets 2013: $186,919Liabilities 2013: $419,775Net Assets 2013: -$232,8562013Assets 2014: $194,916Liabilities 2014: $406,855Net Assets 2014: -$211,9392014Assets 2015: $193,505Liabilities 2015: $395,334Net Assets 2015: -$201,8292015Assets 2016: $195,022Liabilities 2016: $376,008Net Assets 2016: -$180,9862016Assets 2017: $189,518Liabilities 2017: $348,652Net Assets 2017: -$159,1342017Assets 2018: $192,219Liabilities 2018: $328,554Net Assets 2018: -$136,3352018Assets 2019: $199,650Liabilities 2019: $303,992Net Assets 2019: -$104,3422019Assets 2020: $211,807Liabilities 2020: $278,349Net Assets 2020: -$66,5422020Assets 2021: $230,853Liabilities 2021: $252,482Net Assets 2021: -$21,6292021Assets 2022: $235,703Liabilities 2022: $226,082Net Assets 2022: $9,6212022Assets 2023: $226,739Liabilities 2023: $199,565Net Assets 2023: $27,1742023Assets 2024: $210,650Liabilities 2024: $165,240Net Assets 2024: $45,4102024Assets 2025: $199,686Liabilities 2025: $150,158Net Assets 2025: $49,5282025

Highlighted filing

2014

Assets$194,916
Liabilities$406,855
Net Assets-$211,939

Operations Trend

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

$200K$150K$100K$50K$0Expenses 2011: $112,7632011Revenue 2012: $125,499Expenses 2012: $122,896Net Income 2012: $2,6032012Expenses 2013: $121,0042013Revenue 2014: $140,843Expenses 2014: $119,926Net Income 2014: $20,9172014Revenue 2015: $141,366Expenses 2015: $131,256Net Income 2015: $10,1102015Revenue 2016: $150,831Expenses 2016: $129,988Net Income 2016: $20,8432016Revenue 2017: $153,566Expenses 2017: $131,714Net Income 2017: $21,8522017Revenue 2018: $151,505Expenses 2018: $128,706Net Income 2018: $22,7992018Revenue 2019: $158,058Expenses 2019: $126,065Net Income 2019: $31,9932019Revenue 2020: $161,935Expenses 2020: $124,135Net Income 2020: $37,8002020Revenue 2021: $159,032Expenses 2021: $114,119Net Income 2021: $44,9132021Revenue 2022: $163,490Expenses 2022: $132,240Net Income 2022: $31,2502022Revenue 2023: $166,043Expenses 2023: $148,490Net Income 2023: $17,5532023Revenue 2024: $164,583Expenses 2024: $146,347Net Income 2024: $18,2362024Revenue 2025: $162,980Expenses 2025: $158,862Net Income 2025: $4,1182025

Highlighted filing

2014

Revenue$140,843
Expenses$119,926
Net Income$20,917
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Oct 7, 2014
Return Version
2013v3.0
Gross Receipts
$140,843
Mission and Program Overview

Mission

To provide affordable housing for low and moderate-income handicapped individuals.

Meet the needs of disabled persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$156,339$149,077▼ $7,262
Savings and Temporary Cash Investments$27,069$35,908▲ $8,839
Cash and Non-Interest-Bearing Accounts$1,634$9,413▲ $7,779
Accounts Receivable$1,359--
Prepaid Expenses and Deferred Charges$518$518→ $0
Total Assets$186,919$194,916▲ $7,997
Liabilities
Mortgage Notes Payable Secured by Investment Property$304,257$291,131▼ $13,126
Accounts Payable and Accrued Expenses$114,305$113,408▼ $897
Escrow Account Liability$1,213$2,316▲ $1,103
Total Liabilities$419,775$406,855▼ $12,920
Net Assets / Fund Balance
Unrestricted Net Assets$-43,559$-7,639▲ $35,920
Temporarily Rstr Net Assets$-189,297$-204,300▼ $15,003
Total Net Assets Fund Balance$-232,856$-211,939▲ $20,917
Total Liabilities and Net Assets / Fund Balance$186,919$194,916▲ $7,997

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$121,064$273,836$394,900
Leasehold Improvements$9,429$24,430$33,859
Equipment$3,131$27,259$30,390
Other Land Buildings$2,458$26,828$29,286
Land$12,995-$12,995
Compensation and Service Providers

Board Members and Trustees

NameTitle
Billie G StoudemireChairperson
Jerry C McmanusVice Chairperson
Gerald BakerMember
Henry a SuggsMember
John a MalloyMember
Kay SpearsMember
Robbie L Robertson SrMember
Sherry Ann PorterMember
Mary E DavisSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$89,846
Program Service Revenue
$50,988
Investment Income
$9
Other Revenue
$0
Change in Net Assets
$20,917

Audited Revenue Reconciliation

Revenue per Audited Statements
$140,843
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$140,843
Total Revenue per Form 990
$140,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$115,950
Salaries, Compensation, and Employee Benefits$3,976
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$27,495--$27,495
Occupancy$25,897--$25,897
Depreciation Depletion$15,003--$15,003
Fees for Services Management-$8,256-$8,256
Office Expenses-$7,916-$7,916
Fees for Services Accounting-$2,860-$2,860
Other Salaries and Wages$2,302--$2,302
Payroll Taxes$1,361--$1,361
Insurance$1,224--$1,224
Other Expenses$1,622$1,058-$1,058
Fees for Services Legal-$922-$922
Other Employee Benefits$313--$313
Total Functional Expenses$93,975$25,951$0$119,926

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$119,926
Total Expenses per Audited Statements$119,926
Total Expenses per Form 990$119,926
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

A draft of the 990 is reviewed by the chairperson and approved prior to issuance.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
57-0759237
Phone
8436239016

Signing Officer

Name
Terry Rogers
Title
Executive Director
Phone
8436239016
Signed
2014-10-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Billie Stoudemire
Formed
1983
Legal Domicile
Sc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
0

Preparer

Preparer
Tracy S Huggins CPA
Phone
8436693142
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

Tenant security deposits held in trust during occupancy.

PART X, LINE 2:

The project is exempt from federal income taxes under section 501(c)(3) of the internal revenue code, except on net income derived from unrelated business activities. The project does not have any income it considers to be subject to tax on unrelated business income. The project believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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

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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0242006
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99970
IRS990ScheduleA/PublicSupportPY170Pct00.99940
IRS990ScheduleA/PublicSupportTotal170Amt0359154
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt089846
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt084518
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt068058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt061927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt054805
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0359154
IRS990ScheduleA/TotalSupportAmt0359269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0121064
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0273836
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0394900
IRS990ScheduleD/EquipmentGrp/BookValueAmt03131
IRS990ScheduleD/EquipmentGrp/DepreciationAmt027259
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030390
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0119926
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt012995
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt012995
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt09429
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt024430
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt033859
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02458
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt026828
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029286
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0140843
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0TENANT SECURITY DEPOSITS HELD IN TRUST DURING OCCUPANCY.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE PROJECT DOES NOT HAVE ANY INCOME IT CONSIDERS TO BE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. THE PROJECT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0149077
IRS990ScheduleD/TotalExpensesPerForm990Amt0119926
IRS990ScheduleD/TotalRevenuePerForm990Amt0140843
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0140843
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0119926
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT OF THE 990 IS REVIEWED BY THE CHAIRPERSON AND APPROVED PRIOR TO ISSUANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10CHESCO SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0570720720
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0MENTALLY HANDICAPPED SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine10POST OFFICE BOX 151
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0CHESTERFIELD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0SC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode029709
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0-189297
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0-204300
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0186919
IRS990/TotalAssetsEOYAmt0194916
IRS990/TotalAssetsGrp/BOYAmt0186919
IRS990/TotalAssetsGrp/EOYAmt0194916
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt089846
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt025951
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt093975
IRS990/TotalFunctionalExpensesGrp/TotalAmt0119926
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0419775
IRS990/TotalLiabilitiesEOYAmt0406855
IRS990/TotalLiabilitiesGrp/BOYAmt0419775
IRS990/TotalLiabilitiesGrp/EOYAmt0406855
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-232856
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-211939
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt093975
IRS990/TotalProgramServiceRevenueAmt050988
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt09
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt050988
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0140843
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0186919
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0194916
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-43559
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-7639
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 151
IRS990/USAddress/City0CHESTERFIELD
IRS990/USAddress/State0SC
IRS990/USAddress/ZIPCode029709
IRS990/VotingMembersGoverningBodyCnt09

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.00$1.50$0.50$1.63$1.59$0.04
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.11$1.65$0.45$1.65$1.46$0.18
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$2.00$0.27$1.66$1.48$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.36$2.26$0.10$1.63$1.32$0.31
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.31$2.52$0.22$1.59$1.14$0.45
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$2.78$0.67$1.62$1.24$0.38
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.00$3.04$1.04$1.58$1.26$0.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$3.29$1.36$1.52$1.29$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$3.49$1.59$1.54$1.32$0.22
2016Detailed filing. Detailed filing data is available for this year.$1.95$3.76$1.81$1.51$1.30$0.21
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.94$3.95$2.02$1.41$1.31$0.10
2014Detailed filing. Detailed filing data is available for this year.$1.95$4.07$2.12$1.41$1.20$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$4.20$2.33$1.21
2012Summary only. Only limited summary data is available for this year.$1.93$4.34$2.40$1.25$1.23$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$4.50$2.43$1.13