Civic Intelligence

Westover Apartments Inc.

990 • Fiscal year 2015 • EIN 57-0872448

Jan 01, 2015 to Dec 31, 2015 • Filed on May 18, 2016

Organization Profile
4 Palmetto Park DriveCharleston, SC 29407

(803) 779-5363

Siviq Scores

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

Liabilities / Assets

94th percentile

1.15x

Higher debt load relative to assets than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

95th percentile

2.95x

Higher debt load relative to revenue than 95% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

35th percentile

-1.5%

Higher net margin than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

29th percentile

-4.0%

Faster asset growth than 29% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

37th percentile

-2.0%

Faster revenue growth than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$547,515

Down $23,093 (-4.0%) from 2014

Net Assets

Down

-$84,131

Down $3,210 (-4.0%) from 2014

Liabilities

Down

$631,646

Down $19,883 (-3.1%) from 2014

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin35th percentile

Revenue

Down

$214,473

Down $4,463 (-2.0%) from 2014

Expenses

Up

$217,683

Up $5,721 (+2.7%) from 2014

Net Income

Down

-$3,210

Down $10,184 (-146%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

$800K$600K$400K$200K$0-$200KAssets 2011: $593,291Liabilities 2011: $683,202Net Assets 2011: -$89,9112011Assets 2012: $579,327Liabilities 2012: $667,868Net Assets 2012: -$88,5412012Assets 2013: $565,286Liabilities 2013: $653,179Net Assets 2013: -$87,8932013Assets 2014: $570,608Liabilities 2014: $651,529Net Assets 2014: -$80,9212014Assets 2015: $547,515Liabilities 2015: $631,646Net Assets 2015: -$84,1312015Assets 2016: $535,627Liabilities 2016: $614,558Net Assets 2016: -$78,9312016Assets 2017: $545,922Liabilities 2017: $603,132Net Assets 2017: -$57,2102017Assets 2018: $539,331Liabilities 2018: $574,777Net Assets 2018: -$35,4462018Assets 2019: $558,480Liabilities 2019: $568,487Net Assets 2019: -$10,0072019Assets 2020: $562,221Liabilities 2020: $523,793Net Assets 2020: $38,4282020Assets 2021: $557,925Liabilities 2021: $509,153Net Assets 2021: $48,7722021Assets 2022: $493,566Liabilities 2022: $473,271Net Assets 2022: $20,2952022Assets 2023: $475,695Liabilities 2023: $453,830Net Assets 2023: $21,8652023Assets 2024: $440,069Liabilities 2024: $416,451Net Assets 2024: $23,6182024

Highlighted filing

2015

Assets$547,515
Liabilities$631,646
Net Assets-$84,131
Open 2015 Filing

Operations Trend

Revenue Growth37th percentile

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

$300K$200K$100K$0-$100KRevenue 2011: $206,113Expenses 2011: $208,096Net Income 2011: -$1,9832011Revenue 2012: $212,536Expenses 2012: $211,166Net Income 2012: $1,3702012Revenue 2013: $216,774Expenses 2013: $216,126Net Income 2013: $6482013Revenue 2014: $218,936Expenses 2014: $211,962Net Income 2014: $6,9742014Revenue 2015: $214,473Expenses 2015: $217,683Net Income 2015: -$3,2102015Revenue 2016: $224,938Expenses 2016: $219,738Net Income 2016: $5,2002016Revenue 2017: $234,406Expenses 2017: $212,685Net Income 2017: $21,7212017Revenue 2018: $226,302Expenses 2018: $204,538Net Income 2018: $21,7642018Revenue 2019: $249,014Expenses 2019: $223,575Net Income 2019: $25,4392019Revenue 2020: $253,497Expenses 2020: $205,062Net Income 2020: $48,4352020Revenue 2021: $251,873Expenses 2021: $241,529Net Income 2021: $10,3442021Revenue 2022: $239,556Expenses 2022: $268,033Net Income 2022: -$28,4772022Revenue 2023: $249,271Expenses 2023: $247,701Net Income 2023: $1,5702023Revenue 2024: $249,944Expenses 2024: $248,191Net Income 2024: $1,7532024

Highlighted filing

2015

Revenue$214,473
Expenses$217,683
Net Income-$3,210
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 18, 2016
Return Version
2015v2.1
Gross Receipts
$214,473
Mission and Program Overview

Mission

Provided housing for chronically mentally ill persons by operating an apartment community regulated under section 202 of the national housing act of 1959.

Providing housing for chronically mentally ill persons by operating a hud- assisted apartment community regulated under section 202 of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$426,083$391,604▼ $34,479
Prepaid Expenses and Deferred Charges$17,270$13,562▼ $3,708
Cash and Non-Interest-Bearing Accounts$22,012$12,759▼ $9,253
Accounts Receivable-$990-
Total Assets$570,608$547,515▼ $23,093
Other Assets Total$105,243$128,600▲ $23,357
Liabilities
Mortgage Notes Payable Secured by Investment Property$625,854$608,621▼ $17,233
Accounts Payable and Accrued Expenses$20,634$19,126▼ $1,508
Other Liabilities$3,629$3,806▲ $177
Deferred Revenue$1,412$93▼ $1,319
Total Liabilities$651,529$631,646▼ $19,883
Net Assets / Fund Balance
Unrestricted Net Assets$-80,921$-84,131▼ $3,210
Total Net Assets Fund Balance$-80,921$-84,131▼ $3,210
Total Liabilities and Net Assets / Fund Balance$570,608$547,515▼ $23,093

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$337,565$542,190$879,755
Equipment$13,779$63,353$77,132
Land$40,260-$40,260
Other Assets Org$5,182--
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Jeremy WilsonChair
Andrew HedgepathVice Chair
Alvin ShaverDirector
Eric BrowderDirector
Mary GreeneDirector
Faye GriffithSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$213,548
Investment Income
$-691
Other Revenue
$1,616
Change in Net Assets
$-3,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$214,473
Total Revenue per Audited Statements
$214,473
Total Revenue per Form 990
$214,473
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$178,850
Salaries, Compensation, and Employee Benefits$38,833
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$51,643--$51,643
Depreciation Depletion$36,035--$36,035
Other Salaries and Wages$35,554--$35,554
Insurance$17,270--$17,270
Fees for Services Management-$11,905-$11,905
Fees for Services Accounting$6,000$3,000-$9,000
Office Expenses$5,776--$5,776
Travel$2,462--$2,462
Payroll Taxes$2,380--$2,380
Other Employee Benefits$899--$899
Fees for Service Investment Mgmnt Fees-$828-$828
Conferences and Meetings$636--$636
Other Expenses$190$319-$509
Total Functional Expenses$201,631$16,052$0$217,683

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$217,683
Total Expenses per Audited Statements$217,683
Total Expenses per Form 990$217,683
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$3,806
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Page 6, Part VI, Line 3

“Management of the apartment complex has been delegated to mental health america of south carolina”

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

“The return is prepared by a certified public accountant and provided to the management company for initital review and approval. The return is then provided to the board of directors for final review and commment. After resolution on any questions and comments received from the board, the return is signed by the executive director of mhasc, the management company.”

Form 990, Page 6, Part VI, Line 12C

“Compliance is monitored at regularly scheduled meetings of the board of directors and at other times, if needed.”

Form 990, Page 6, Part VI, Line 19

“Documents are maintained by the board of directors and copies are provided upon request.”

Filing and Contact Details

Filer

Filer Name
Westover Apartments Inc
EIN
57-0872448
Phone
8037795363
Address
4 PALMETTO PARK DRIVE, CHARLESTON, SC 29407

Signing Officer

Name
Joy Jay
Title
Exec.director Mhasc
Phone
8037795363
Signed
2016-05-18

Organization Details

Principal Officer
Joy Jay
Formed
1987
Legal Domicile
Sc
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Dianne Baughman CPA
Address
318 BAYSIDE RD, COLUMBIA, SC 29212
Preparer
Dianne B Baughmancpa
Phone
8037323652
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/BOYAmt020634
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt019126
IRS990/AccountsReceivableGrp/EOYAmt0990
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDING HOUSING FOR CHRONICALLY MENTALLY ILL PERSONS BY OPERATING A HUD- ASSISTED APARTMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0false
IRS990/BooksInCareOfDetail/PersonNm0MENTAL HEALTH AMERICA OF SC
IRS990/BooksInCareOfDetail/PhoneNum08037795363
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01823 GADSDEN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBIA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0SC
IRS990/BooksInCareOfDetail/USAddress/ZIPCd029201
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt022012
IRS990/CashNonInterestBearingGrp/EOYAmt012759
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0636
IRS990/ConferencesMeetingsGrp/TotalAmt0636
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-691
IRS990/CYOtherExpensesAmt0178850
IRS990/CYOtherRevenueAmt01616
IRS990/CYProgramServiceRevenueAmt0213548
IRS990/CYRevenuesLessExpensesAmt0-3210
IRS990/CYSalariesCompEmpBnftPaidAmt038833
IRS990/CYTotalExpensesAmt0217683
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0214473
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt01412
IRS990/DeferredRevenueGrp/EOYAmt093
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt036035
IRS990/DepreciationDepletionGrp/TotalAmt036035
IRS990/Desc0PROVIDED HOUSING FOR CHRONICALLY MENTALLY ILL PERSONS BY OPERATING AN APARTMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0201631
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
IRS990/FederalGrantAuditRequiredInd0true
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt03000
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt06000
IRS990/FeesForServicesAccountingGrp/TotalAmt09000
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt011905
IRS990/FeesForServicesManagementGrp/TotalAmt011905
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0828
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0828
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0JEREMY WILSON
IRS990/Form990PartVIISectionAGrp/PersonNm1ANDREW HEDGEPATH
IRS990/Form990PartVIISectionAGrp/PersonNm2FAYE GRIFFITH
IRS990/Form990PartVIISectionAGrp/PersonNm3MARY GREENE
IRS990/Form990PartVIISectionAGrp/PersonNm4ALVIN SHAVER
IRS990/Form990PartVIISectionAGrp/PersonNm5ERIC BROWDER
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/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01987
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0214473
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt017270
IRS990/InsuranceGrp/TotalAmt017270
IRS990/InterestGrp/ProgramServicesAmt051643
IRS990/InterestGrp/TotalAmt051643
IRS990/InvestmentIncomeGrp/ExclusionAmt0-691
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0-691
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0605543
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0426083
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0391604
IRS990/LandBldgEquipCostOrOtherBssAmt0997147
IRS990/LegalDomicileStateCd0SC
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDED HOUSING FOR CHRONICALLY MENTALLY ILL PERSONS BY OPERATING AN APARTMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0625854
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0608621
IRS990/NetAssetsOrFundBalancesBOYAmt0-80921
IRS990/NetAssetsOrFundBalancesEOYAmt0-84131
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ProgramServicesAmt05776
IRS990/OfficeExpensesGrp/TotalAmt05776
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0105243
IRS990/OtherAssetsTotalGrp/EOYAmt0128600
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0899
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0899
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1UTILITIES
IRS990/OtherExpensesGrp/Desc2TRASH REMOVAL
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0319
IRS990/OtherExpensesGrp/ProgramServicesAmt025920
IRS990/OtherExpensesGrp/ProgramServicesAmt113856
IRS990/OtherExpensesGrp/ProgramServicesAmt23010
IRS990/OtherExpensesGrp/ProgramServicesAmt3190
IRS990/OtherExpensesGrp/TotalAmt025920
IRS990/OtherExpensesGrp/TotalAmt113856
IRS990/OtherExpensesGrp/TotalAmt23010
IRS990/OtherExpensesGrp/TotalAmt3509
IRS990/OtherLiabilitiesGrp/BOYAmt03629
IRS990/OtherLiabilitiesGrp/EOYAmt03806
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY AND VENDING
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01616
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01616
IRS990/OtherRevenueTotalAmt01616
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035554
IRS990/OtherSalariesAndWagesGrp/TotalAmt035554
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt02380
IRS990/PayrollTaxesGrp/TotalAmt02380
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017270
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013562
IRS990/PrincipalOfficerNm0JOY JAY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0HOUSING ASSISTANCE PAYMENTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0178274
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0178274
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135274
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt03809
IRS990/PYOtherExpensesAmt0185987
IRS990/PYOtherRevenueAmt02042
IRS990/PYProgramServiceRevenueAmt0213085
IRS990/PYRevenuesLessExpensesAmt06974
IRS990/PYSalariesCompEmpBnftPaidAmt025975
IRS990/PYTotalExpensesAmt0211962
IRS990/PYTotalRevenueAmt0218936
IRS990/ReconcilationRevenueExpnssAmt0-3210
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0213548
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0-691
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03809
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0215164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0215127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0216720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0212474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0206023
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01065508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0-691
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03809
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt054
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt062
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03324
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99690
IRS990ScheduleA/PublicSupportPY509Pct00.99570
IRS990ScheduleA/PublicSupportTotal509Amt01065508
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0215164
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0215127
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0216720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0212474
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0206023
IRS990ScheduleA/Total509Grp/TotalAmt01065508
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0214473
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0218936
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0216774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0212536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0206113
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01068832
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0337565
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0542190
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0879755
IRS990ScheduleD/EquipmentGrp/BookValueAmt013779
IRS990ScheduleD/EquipmentGrp/DepreciationAmt063353
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt077132
IRS990ScheduleD/ExpensesSubtotalAmt0217683
IRS990ScheduleD/LandGrp/BookValueAmt040260
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt040260
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0112041
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt111377
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt25182
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03806
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0214473
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0391604
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0128600
IRS990ScheduleD/TotalExpensesPerForm990Amt0217683
IRS990ScheduleD/TotalLiabilityAmt03806
IRS990ScheduleD/TotalRevenuePerForm990Amt0214473
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0214473
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0217683
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT OF THE APARTMENT COMPLEX HAS BEEN DELEGATED TO MENTAL HEALTH AMERICA OF SOUTH CAROLINA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTANT AND PROVIDED TO THE MANAGEMENT COMPANY FOR INITITAL REVIEW AND APPROVAL. THE RETURN IS THEN PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND COMMMENT. AFTER RESOLUTION ON ANY QUESTIONS AND COMMENTS RECEIVED FROM THE BOARD, THE RETURN IS SIGNED BY THE EXECUTIVE DIRECTOR OF MHASC, THE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPLIANCE IS MONITORED AT REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS AND AT OTHER TIMES, IF NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST.
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 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0570608
IRS990/TotalAssetsEOYAmt0547515
IRS990/TotalAssetsGrp/BOYAmt0570608
IRS990/TotalAssetsGrp/EOYAmt0547515
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt016052
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0201631
IRS990/TotalFunctionalExpensesGrp/TotalAmt0217683
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0651529
IRS990/TotalLiabilitiesEOYAmt0631646
IRS990/TotalLiabilitiesGrp/BOYAmt0651529
IRS990/TotalLiabilitiesGrp/EOYAmt0631646
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-80921
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-84131
IRS990/TotalProgramServiceExpensesAmt0201631
IRS990/TotalProgramServiceRevenueAmt0213548
IRS990/TotalRevenueGrp/ExclusionAmt0-691
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0215164
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0214473
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0570608
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0547515
IRS990/TravelGrp/ProgramServicesAmt02462
IRS990/TravelGrp/TotalAmt02462
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-80921
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-84131
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01823 GADSDEN STREET
IRS990/USAddress/CityNm0COLUMBIA
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029201
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOY JAY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC.DIRECTOR MHASC
ReturnHeader/BusinessOfficerGrp/PhoneNum08037795363
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-05-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WESTOVER APARTMENTS INC
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0570872448
ReturnHeader/Filer/PhoneNum08037795363
ReturnHeader/Filer/USAddress/AddressLine1Txt04 PALMETTO PARK DRIVE
ReturnHeader/Filer/USAddress/CityNm0CHARLESTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0SC
ReturnHeader/Filer/USAddress/ZIPCd029407
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0570542520
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DIANNE BAUGHMAN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0318 BAYSIDE RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0SC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd029212
ReturnHeader/PreparerPersonGrp/PhoneNum08037323652
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANNE B BAUGHMANCPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-05-18T11:06:07-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$547,515
Liabilities
$631,646
Net assets
-$84,131
Revenue
$214,473
Expenses
$217,683
Net income
-$3,210
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.40$4.16$0.24$2.50$2.48$0.02
2023Detailed filing. Detailed filing data is available for this year.$4.76$4.54$0.22$2.49$2.48$0.02
2022Detailed filing. Detailed filing data is available for this year.$4.94$4.73$0.20$2.40$2.68$0.28
2021Detailed filing. Detailed filing data is available for this year.$5.58$5.09$0.49$2.52$2.42$0.10
2020Detailed filing. Detailed filing data is available for this year.$5.62$5.24$0.38$2.53$2.05$0.48
2019Detailed filing. Detailed filing data is available for this year.$5.58$5.68$0.10$2.49$2.24$0.25
2018Detailed filing. Detailed filing data is available for this year.$5.39$5.75$0.35$2.26$2.05$0.22
2017Detailed filing. Detailed filing data is available for this year.$5.46$6.03$0.57$2.34$2.13$0.22
2016Detailed filing. Detailed filing data is available for this year.$5.36$6.15$0.79$2.25$2.20$0.05
2015Detailed filing. Detailed filing data is available for this year.$5.48$6.32$0.84$2.14$2.18$0.03
2014Detailed filing. Detailed filing data is available for this year.$5.71$6.52$0.81$2.19$2.12$0.07
2013Detailed filing. Detailed filing data is available for this year.$5.65$6.53$0.88$2.17$2.16$0.01
2012Summary only. Only limited summary data is available for this year.$5.79$6.68$0.89$2.13$2.11$0.01
2011Summary only. Only limited summary data is available for this year.$5.93$6.83$0.90$2.06$2.08$0.02