Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
EIN 57-0952289 • 501(c)3 • Charleston, SC
Profile
To develop the highest quality affordable and workforce housing possible while enhancing the lives of our residents and improving the communities in which we develop through affordability, education and advocacy.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
57th percentile
Higher debt load relative to assets than 57% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
8th percentile
Higher net margin than 8% of similar nonprofits.
Top Officer Pay
Score unavailable
No filing with officer rows is available for this organization yet.
Asset Growth
61st percentile
Faster asset growth than 61% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Up$36,742,481
Up $2,958,154 (+8.8%) from 2023
Liabilities
Up$10,328,670
Up $3,573,603 (+53%) from 2023
Net Assets
Down$26,413,811
Down $615,449 (-2.3%) from 2023
Revenue
Down$1,783,948
Down $2,169,380 (-55%) from 2023
Expenses
Up$2,399,397
Up $327,899 (+16%) from 2023
Net Income
Down-$615,449
Down $2,497,279 (-133%) from 2023
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
To develop the highest quality affordable and workforce housing possible while enhancing the lives of our residents and improving the communities in which we develop through affordability, education and advocacy.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $14,028,657 | $14,940,935 | ▲ $912,278 |
| Investments Other Securities | $2,353,888 | $2,337,279 | ▼ $16,609 |
| Loans From Officers Directors | $505,281 | $1,609,990 | ▲ $1,104,709 |
| Cash and Non-Interest-Bearing Accounts | $671,586 | $1,018,105 | ▲ $346,519 |
| Land, Buildings, and Equipment, Net | $161,003 | $1,005,926 | ▲ $844,923 |
| Savings and Temporary Cash Investments | $601,484 | $250,757 | ▼ $350,727 |
| Receivables From Officers Etc | - | $38,000 | - |
| Prepaid Expenses and Deferred Charges | $22,938 | $22,938 | → $0 |
| Total Assets | $33,784,327 | $36,742,481 | ▲ $2,958,154 |
| Other Assets Total | $15,944,771 | $17,128,541 | ▲ $1,183,770 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $5,653,170 | $6,768,103 | ▲ $1,114,933 |
| Other Liabilities | $0 | $1,827,170 | ▲ $1,827,170 |
| Deferred Revenue | $356,428 | - | - |
| Accounts Payable and Accrued Expenses | $240,188 | $123,407 | ▼ $116,781 |
| Total Liabilities | $6,755,067 | $10,328,670 | ▲ $3,573,603 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $27,029,260 | $26,413,811 | ▼ $615,449 |
| Total Net Assets Fund Balance | $27,029,260 | $26,413,811 | ▼ $615,449 |
| Total Liabilities and Net Assets / Fund Balance | $33,784,327 | $36,742,481 | ▲ $2,958,154 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $832,872 | $30,121 | $862,993 |
| Other Land Buildings | $117,911 | $121,918 | $239,829 |
| Equipment | $55,143 | $4,617 | $59,760 |
| Other Assets Org | $1,814,945 | - | - |
| Other Securities | $2,337,279 | - | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Cheryl Ferraro CPA | Treasurer/Secretary | FT | $195,001 | $24,149 | $219,150 |
| Tracy T Doran | President | FT | $87,655 | $19,914 | $107,569 |
| Name | Title |
|---|---|
| Anne Wyatt | Board Member |
| Elizabeth R Doran | Board Member |
| Melissa Maddox-Evans | Board Member |
| Patti Randinelli | Board Member |
| Robert Doran | Board Member |
| Robert LaChapelle | Board Member |
| Greg Brooks | Asst. Secretary |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Trident Construction LLC | Construction Management | 2245 Technical Parkway, North Charleston, SC 29406 | $339,397 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Real Estate Other | 1 | $501,075 | Landlord Upfit Allowance |
| Total Noncash Contributions | 1 | $501,075 | - |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $1,263,194 |
| Other Expenses | $1,010,971 |
| Grants and Similar Amounts Paid | $125,232 |
| Total Fundraising Expense | $60,018 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $554,631 | $181,721 | $19,689 | $756,041 |
| Fees for Services Management | $346,029 | - | - | $346,029 |
| Current Officers, Directors, Trustees, and Key Employees | $183,726 | $84,797 | $14,133 | $282,656 |
| Other Employee Benefits | $124,598 | $50,561 | $5,416 | $180,575 |
| Grants to Domestic Individuals | $125,232 | - | - | $125,232 |
| Insurance | $70,019 | $32,316 | $5,386 | $107,721 |
| Advertising | $77,173 | - | $4,057 | $81,230 |
| Occupancy | $55,370 | $22,469 | $2,407 | $80,246 |
| Travel | $72,295 | $6,447 | - | $78,742 |
| Office Expenses | $37,148 | $15,075 | $3,967 | $56,190 |
| Depreciation Depletion | $47,762 | $7,891 | - | $55,653 |
| Interest | $41,313 | $4,860 | $2,430 | $48,603 |
| Information Technology | $34,449 | $11,342 | $1,215 | $47,006 |
| Payroll Taxes | $30,306 | $12,298 | $1,318 | $43,922 |
| Fees for Services Legal | $13,919 | $1,546 | - | $15,465 |
| Fees for Services Other | $5,219 | $5,862 | - | $11,081 |
| Conferences and Meetings | $8,881 | - | - | $8,881 |
| Other Expenses | $311 | $726 | $0 | $1,037 |
| Fees for Services Accounting | - | $273 | - | $273 |
| Total Functional Expenses | $1,893,117 | $446,262 | $60,018 | $2,399,397 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| - | President is Member | Project Development/Asset Management | No | $147,816 |
| - | Member is Family | Project Development/Asset Management | No | $108,641 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $505,281 | $1,609,990 | ▲ $1,104,709 |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $38,000 | - |
| Liability | Amount |
|---|---|
| Operating lease liabilities | $1,827,170 |
“Anne Wyatt, Board Member is a sister to the Board President. Cheryl Ferraro, CPA, Board Member, is an employee of the Foundation Elizabeth R. Doran, Board Member, is the daughter of the Board President”
“The Form 990 is provided to management for review and comment. Once complete it is released to the Board of Directors for a comment period. Once the comment period is complete, and any questions are addressed, the Form 990 is filed.”
“Board members are requested to sign conflict of interest forms annually.”
“The board of directors performs periodic salary studies and comparability between similar organizations. The finance committee approves direct and contract salaries charged to the organization. The board of directors performs periodic salary studies and comparability between similar organizations. The finance committee approves direct and contract salaries charged to the organization.”
“Form 1023 and form 990 are available at the Foundation's corporate offices as well as on other public websites.”
“Governing documents and financial statements are available to the public upon request.”
“The Humanities Foundation, Inc. ("HF")is a not-for-profit corporation that is exempt from the payment of income taxes under internal revenue code section 501(c)(3). HF ecognizes the financial statement benefit of tax positions, such as its filing status as tax-exempt, only after determining that the relevant tax authority would more likely than not sustain the position following an audit. As of year-end, HF had no uncertain tax positions requiring accrual or disclosure. The taxing authorities of the most significant jurisdictions are the United States Internal Revenue Service. By statute, HF's federal income tax returns generally remain subject to examination by taxing authorities for three, respectively, from the date a return is filed.”
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/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 240188 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 123407 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To develop the highest quality affordable and workforce housing possible while enhancing the lives of our residents and improving the communities in which we develop through affordability, education and advocacy. |
| IRS990/AdvertisingGrp/FundraisingAmt | 0 | 4057 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 77173 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 81230 |
| IRS990/AllOtherContributionsAmt | 0 | 597111 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Cheryl Ferraro CPA |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 8438564120 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 651 Meeting Street Suite 101 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Charleston |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 29403 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 1 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 1 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 1 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 671586 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 1018105 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 14133 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 84797 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 183726 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 282656 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 8881 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 8881 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 1 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 339397 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 2245 Technical Parkway |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | North Charleston |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | SC |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 29406 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | Trident Construction LLC |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Construction Management |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 644482 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 125232 |
| IRS990/CYInvestmentIncomeAmt | 0 | -1081064 |
| IRS990/CYOtherExpensesAmt | 0 | 1010971 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 2220530 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -615449 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 1263194 |
| IRS990/CYTotalExpensesAmt | 0 | 2399397 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 60018 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 1783948 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 356428 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 7891 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 47762 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 55653 |
| IRS990/Desc | 0 | Affordable Housing Program: As a non-profit developer, Humanities Foundation plays a crucial role in facilitating affordable housing projects from inception to completion. Our organization serves various roles, ranging from general partner and managing member to developer, allowing us to access funds exclusively available to nonprofit entities. We provide essential financing to projects and collaborate with construction professionals, including engineers, architects, and builders, to realize affordable housing developments. Upon construction completion, Humanities Foundation engages professional management companies to handle property marketing, leasing, and maintenance. Affordable housing encompasses a broad spectrum of income levels and price ranges. What truly defines housing as "affordable" is the rent or mortgage payment relative to an individual or family's income. According to the federal government, rental housing is considered "affordable" if residents pay no more than 30 percent of their income on rent. Mortgage lenders generally evaluate a home's affordability when the mortgage payment does not exceed 35 percent of the borrower's income. In assessing affordability in relation to income, we employ the term "Area Median Income" (AMI), calculated and published annually by the U.S. Department of Housing and Urban Development (HUD). The term "median" indicates that half of all households in the area have income greater than this amount. The Humanities Foundation prioritizes affordable units for individuals with incomes within the 30% to 80% AMI range. This means that residents in our communities earn less than half of the average income compared to the entire regional population. AMI serves as the basis for calculating rental amounts according to the 30% of income standard for affordable housing. We utilize public and private partnerships to ensure that rent remains affordable and that construction and maintenance costs do not place a burden on our residents. Recognizing the need for supportive services, the Humanities Foundation has established a range of strategic partnerships to offer services such as health screenings, health education programs, after-school activities, youth summer camps, meals, on-site food banks, and community gardens. In our housing program, we've undertaken various projects: Magnolia 61: A 60-unit apartment complex designed for seniors aged 55 and older located at 1830 Magwood Drive, Charleston, SC. Hampton West Apartments: A 41-unit apartment development catering to seniors aged 55 and older with incomes at or below 100% of the area median income, situated at 554 Rutledge Avenue, Charleston, SC.Shady Grove Apartments: A 72-unit apartment complex constructed for seniors aged 62 and older with incomes 50% below the area median income, situated at 1725 Savage Road, Charleston, South Carolina. Seven Farms Apartments: A 72-unit apartment community created for families with incomes 50% below the area median income, situated at 305 Seven Farms Drive and Daniel Island Drive, Charleston, South Carolina. Ivy Ridge Apartments: A 72-unit apartment development designed for families with incomes 50% below the area median income, located at 2215 Greenridge Road, North Charleston, South Carolina. Pine Hill Apartments: A 72-unit apartment complex constructed for families with incomes 50% below the area median income, situated at 117 Yellow Jasmine Road, Orangeburg, South Carolina. Grandview Apartments: A 72-unit apartment building designed for seniors with incomes 50% below the area median income, located at 1850 Magwood Road, Charleston, South Carolina. Waterford Village: A 96-unit apartment development catering to families with incomes 50% below the area median income, situated at 61 Waterford Loop, Staunton, Virginia. Seven Farms Village: A 42-unit apartment building constructed for seniors with incomes 50% below the area median income, located at 305 Seven Farms Drive, Charleston, South Carolina. Arbor Hill |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 1 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 17 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 810250 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
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| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 273 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 273 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 1546 |
| IRS990/FeesForServicesLegalGrp/ProgramServicesAmt | 0 | 13919 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 15465 |
| IRS990/FeesForServicesManagementGrp/ProgramServicesAmt | 0 | 346029 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 346029 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 5862 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 5219 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 11081 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 45.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 19914 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 24149 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Tracy T Doran |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Cheryl Ferraro CPA |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Anne Wyatt |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Patti Randinelli |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Melissa Maddox-Evans |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Elizabeth R Doran |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Robert LaChapelle |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Greg Brooks |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Robert Doran |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 87655 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 195001 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
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| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Treasurer/Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Board Member |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Asst. Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Board Member |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1992 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/OtherAmt | 0 | -1096444 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 47371 |
| IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt | 0 | 125232 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 125232 |
| IRS990/GrantsToIndividualsInd | 0 | 1 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 2880392 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 5 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/FundraisingAmt | 0 | 1215 |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 11342 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 34449 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 47006 |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 5386 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 32316 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 70019 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 107721 |
| IRS990/InterestGrp/FundraisingAmt | 0 | 2430 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 4860 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 41313 |
| IRS990/InterestGrp/TotalAmt | 0 | 48603 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 15380 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 15380 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt | 0 | 2353888 |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 2337279 |
| IRS990/IRPDocumentCnt | 0 | 42 |
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| IRS990/LegalDomicileStateCd | 0 | GA |
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| IRS990/MinutesOfCommitteesInd | 0 | 1 |
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| IRS990/MissionDesc | 0 | To develop the highest quality affordable and workforce housing possible while enhancing the lives of our residents and improving the communities in which we develop through affordability, education and advocacy. |
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| IRS990/PrincipalOfficerNm | 0 | Cheryl Ferraro CPA |
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| IRS990/ProgramServiceRevenueGrp/Desc | 0 | Developer Fees |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | Affordable Housing Development: Our organization offers services that identify new opportunities for affordable housing and assess the feasibility of developments intended to benefit low-income families and seniors. Collaborating closely with our partners, Humanities Foundation actively pursues sites that qualify for Low-Income Housing Tax Credits (LIHTC). Through innovative funding strategies, we have harnessed resources such as Community Development Block Grants (CDBG), HOME funds, Federal Home Loan Bank funds, Lowcountry Housing Trust contributions, and other grants. These resources have enabled us to develop over 2,500 affordable housing units across South Carolina, Georgia, Louisiana, and Virginia. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Shelternet Program: The Humanities Foundation's Shelternet program provides critical support to families and individuals facing crises or setbacks. By extending emergency financial assistance, we empower them to remain in their homes and safeguard vital utility services, including gas, electricity, and water. This initiative is targeted at recipients whose incomes fall below 50% of the area median income. To ensure the program's sustainability, Shelternet's operating costs are covered by the Foundation's operational funds. Since its inception, the program has assisted more than 55,000 individuals in their times of need. |
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| IRS990/ProgSrvcAccomActy3Grp/GrantAmt | 0 | 54146 |
| IRS990/ProgSrvcAccomActyOtherGrp/Desc | 0 | Resident Services and Marketplace Food Program: Our Marketplace program, operated in collaboration with strategic partners like local churches, school districts, food pantries, and community organizations, strives to alleviate food insecurity. Utilizing a fleet of five refrigerated cargo vans and coordinated efforts by dedicated staff, we distribute food to apartment residents, organize community distributions, and address food deserts. Since its launch in 2014, the program has delivered over 10 million pounds of fresh food, equivalent to one meal per pound. Additionally, we're actively expanding our Telemedicine program to bridge the gap caused by transportation challenges, enabling low-income seniors to connect with their healthcare providers through video services from the comfort of their homes.Our transportation services not only facilitate access to community events, health fairs, and educational programs but also foster a sense of camaraderie among residents during shopping trips. We take pride in offering after-school and summer programs that feature a diverse range of activities, including educational tours, arts and crafts, sports and recreation, entrepreneurship, technology workshops, and mentoring. These programs are a tribute to the memory of Reverend Clementa Pinckney, a fervent advocate for education and youth development. In response to the tragic events of 2015 at the Mother Emanuel AME Church in Charleston, SC, these initiatives stand as a testament to our commitment to community enrichment.In the wake of the COVID-19 pandemic that emerged in March 2020, the Humanities Foundation has intensified its resident services and community outreach efforts. To date, we've provided emergency financial assistance to more than 55,000 families, ensuring their access to utility services to prevent disconnection or eviction. Our Marketplace food pantry program has contributed to over 10 million distributed meals through more than 400 curbside food distributions. Furthermore, we've assisted residents with information about virtual healthcare options, financial support, and access to telecommunications for remote learning, acknowledging the evolving needs of our community. |
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