Civic Intelligence

Palmetto Place Inc.

990 • Fiscal year 2019 • EIN 57-0969948

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 09, 2020

Organization ProfileN/A
401 Harbison Blvd No 3AColumbia, SC 29212

(803) 536-1056

Siviq Scores

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

Liabilities / Assets

76th percentile

0.06x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

88th percentile

0.21x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

43rd percentile

0.6%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

50th percentile

2.2%

Faster asset growth than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

57th percentile

5.7%

Faster revenue growth than 57% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$315,244

Up $6,920 (+2.2%) from 2018

Net Assets

Up

$294,765

Up $542 (+0.2%) from 2018

Liabilities

Up

$20,479

Up $6,378 (+45%) from 2018

Revenue And Expenses
Liabilities / Revenue88th percentileNet Margin43rd percentile

Revenue

Up

$96,039

Up $5,136 (+5.6%) from 2018

Expenses

Up

$95,497

Up $3,765 (+4.1%) from 2018

Net Income

Up

$542

Up $1,371 (+165%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth50th percentile

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

$600K$400K$200K$0-$200KAssets 2010: $378,868Liabilities 2010: $511,179Net Assets 2010: -$132,3112010Assets 2011: $365,243Liabilities 2011: $511,395Net Assets 2011: -$146,1522011Assets 2012: $355,705Liabilities 2012: $511,713Net Assets 2012: -$156,0082012Assets 2013: $364,012Liabilities 2013: $527,683Net Assets 2013: -$163,6712013Assets 2014: $342,488Liabilities 2014: $517,332Net Assets 2014: -$174,8442014Assets 2015: $330,303Liabilities 2015: $512,234Net Assets 2015: -$181,9312015Assets 2016: $335,331Liabilities 2016: $512,990Net Assets 2016: -$177,6592016Assets 2017: $317,553Liabilities 2017: $22,501Net Assets 2017: $295,0522017Assets 2018: $308,324Liabilities 2018: $14,101Net Assets 2018: $294,2232018Assets 2019: $315,244Liabilities 2019: $20,479Net Assets 2019: $294,7652019Assets 2020: $310,338Liabilities 2020: $5,542Net Assets 2020: $304,7962020Assets 2021: $337,833Liabilities 2021: $5,793Net Assets 2021: $332,0402021Assets 2022: $321,750Liabilities 2022: $8,758Net Assets 2022: $312,9922022Assets 2023: $325,445Liabilities 2023: $36,425Net Assets 2023: $289,0202023Assets 2024: $318,970Liabilities 2024: $10,392Net Assets 2024: $308,5782024

Highlighted filing

2019

Assets$315,244
Liabilities$20,479
Net Assets$294,765
Open 2019 Filing

Operations Trend

Revenue Growth57th percentile

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

$150K$100K$50K$0-$50KRevenue 2010: $70,605Expenses 2010: $80,852Net Income 2010: -$10,2472010Revenue 2011: $69,969Expenses 2011: $83,810Net Income 2011: -$13,8412011Revenue 2012: $79,279Expenses 2012: $89,135Net Income 2012: -$9,8562012Revenue 2013: $81,297Expenses 2013: $88,960Net Income 2013: -$7,6632013Revenue 2014: $81,598Expenses 2014: $92,771Net Income 2014: -$11,1732014Revenue 2015: $80,795Expenses 2015: $87,882Net Income 2015: -$7,0872015Revenue 2016: $89,521Expenses 2016: $85,249Net Income 2016: $4,2722016Revenue 2017: $88,451Expenses 2017: $120,740Net Income 2017: -$32,2892017Revenue 2018: $90,903Expenses 2018: $91,732Net Income 2018: -$8292018Revenue 2019: $96,039Expenses 2019: $95,497Net Income 2019: $5422019Revenue 2020: $98,783Expenses 2020: $88,752Net Income 2020: $10,0312020Revenue 2021: $111,349Expenses 2021: $84,105Net Income 2021: $27,2442021Revenue 2022: $104,713Expenses 2022: $123,761Net Income 2022: -$19,0482022Revenue 2023: $109,322Expenses 2023: $133,294Net Income 2023: -$23,9722023Revenue 2024: $124,783Expenses 2024: $105,225Net Income 2024: $19,5582024

Highlighted filing

2019

Revenue$96,039
Expenses$95,497
Net Income$542
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 9, 2020
Return Version
2019v5.1
Gross Receipts
$96,039
Mission and Program Overview

Mission

Palmetto place, inc. Is a not-for-profit corporation formed in accordance with the not-for-profit statutes of the state of south carolina. The corporation was formed for the purpose of operating a 12 unit community known as palmetto place apartments located in summerville, south carolina, which provides housing for low-income persons with disabilities, pursuant to section 811 of the national housing act, as amended.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$230,781$216,135▼ $14,646
Investments Program Related$59,320$81,699▲ $22,379
Cash and Non-Interest-Bearing Accounts$14,780$12,348▼ $2,432
Prepaid Expenses and Deferred Charges$959$2,617▲ $1,658
Accounts Receivable$161$166▲ $5
Total Assets$308,324$315,244▲ $6,920
Other Assets Total$2,323$2,279▼ $44
Liabilities
Accounts Payable and Accrued Expenses$4,801$18,106▲ $13,305
Other Liabilities$9,300$2,364▼ $6,936
Deferred Revenue$0$9▲ $9
Total Liabilities$14,101$20,479▲ $6,378
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$294,223$294,765▲ $542
Total Net Assets Fund Balance$294,223$294,765▲ $542
Total Liabilities and Net Assets / Fund Balance$308,324$315,244▲ $6,920

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$180,226$342,747$522,973
Equipment$5,243$40,679$45,922
Land$30,666-$30,666
Investment Program Related Org$3,001--
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Judy WeathersPresident
Kathie GoodwinVice President
Betty Moss McguirtSecretary
Harris DavisTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$68,147
Program Service Revenue
$27,382
Investment Income
$38
Other Revenue
$472
Change in Net Assets
$542

Audited Revenue Reconciliation

Revenue per Audited Statements
$96,039
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$96,039
Total Revenue per Form 990
$96,039
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$95,497
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$45,240--$45,240
Other Expenses$6,780$11,002-$17,782
Depreciation Depletion$17,063--$17,063
Fees for Services Management-$7,359-$7,359
Office Expenses-$5,482-$5,482
Fees for Services Accounting-$2,500-$2,500
Fees for Services Legal-$43-$43
Insurance$28--$28
Total Functional Expenses$69,111$26,386$0$95,497

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$95,497
Total Expenses per Audited Statements$95,497
Total Expenses per Form 990$95,497
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$2,364
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
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, Part VI, Section A, Line 3

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

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

“The return is prepared by a certified public accounting firm and provided to the management company for initial review and approval. After any questions and comments from the management company are addressed, the return is provided to the board of directors for final review and approval. After any questions and comments from the board of directors are addressed, the final approved return is provided to the designated board officer for signature and filing.”

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

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

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Palmetto Place Inc
EIN
57-0969948
Phone
8035361056
Address
401 HARBISON BLVD NO 3A, COLUMBIA, SC 29212
Doing Business As
Palmetto Place Apartments

Signing Officer

Name
Judy Weathers
Title
President
Phone
8035361056
Signed
2020-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Judy Weathers
Formed
1993
Legal Domicile
Sc
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

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

Additional Explanations

FORM 990, PART XII, LINE 2C:

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

Financial Statement Notes

PART X, LINE 2:

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

Raw XML AppendixShowing 400 of 423 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.

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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt068147
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt062163
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt061465
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0191775
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt027382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt026911
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt026649
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt089450
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt080745
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0251137
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt056
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0254
IRS990ScheduleA/InvestmentIncomeCYPct00.00060
IRS990ScheduleA/InvestmentIncomePYPct00.00060
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0472
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt01773
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0298
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02543
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99370
IRS990ScheduleA/PublicSupportPY509Pct00.99460
IRS990ScheduleA/PublicSupportTotal509Amt0442912
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt095529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt089074
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt088114
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt089450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt080745
IRS990ScheduleA/Total509Grp/TotalAmt0442912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt096039
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt090903
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt088451
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt089521
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt080795
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0445709
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0180226
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0342747
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0522973
IRS990ScheduleD/EquipmentGrp/BookValueAmt05243
IRS990ScheduleD/EquipmentGrp/DepreciationAmt040679
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt045922
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt095497
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt016325
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt162373
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt23001
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0ESCROW DEPOSITS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2C
IRS990ScheduleD/LandGrp/BookValueAmt030666
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt030666
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02364
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt096039
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0216135
IRS990ScheduleD/TotalBookValueProgramRltdAmt081699
IRS990ScheduleD/TotalExpensesPerForm990Amt095497
IRS990ScheduleD/TotalLiabilityAmt02364
IRS990ScheduleD/TotalRevenuePerForm990Amt096039
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt096039
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt095497
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS COMMON PRACTICE FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY TO DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT COMPANY FOR INITIAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE MANAGEMENT COMPANY ARE ADDRESSED, THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD OF DIRECTORS ARE ADDRESSED, THE FINAL APPROVED RETURN IS PROVIDED TO THE DESIGNATED BOARD OFFICER FOR SIGNATURE AND FILING.
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/ExplanationTxt4THE MANAGEMENT COMPANY RECEIVES A COPY OF THE COMPILATION. PRIOR TO THE FINALIZATION OF THE COMPILATION, A COPY OF THE COMPILATION IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE COMPILATION IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0308324
IRS990/TotalAssetsEOYAmt0315244
IRS990/TotalAssetsGrp/BOYAmt0308324
IRS990/TotalAssetsGrp/EOYAmt0315244
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt068147
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt026386
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt069111
IRS990/TotalFunctionalExpensesGrp/TotalAmt095497
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt014101
IRS990/TotalLiabilitiesEOYAmt020479
IRS990/TotalLiabilitiesGrp/BOYAmt014101
IRS990/TotalLiabilitiesGrp/EOYAmt020479
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0294223
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0294765
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt069111
IRS990/TotalProgramServiceRevenueAmt027382
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0510
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt027382
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt096039
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0308324
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0315244
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0168 CLOISTER COVE LANE
IRS990/USAddress/CityNm0ORANGEBURG
IRS990/USAddress/StateAbbreviationCd0SC
IRS990/USAddress/ZIPCd029115
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JUDY WEATHERS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08035361056
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PALMETTO PLACE INC
ReturnHeader/Filer/BusinessNameControlTxt0PALM
ReturnHeader/Filer/EIN0570969948
ReturnHeader/Filer/PhoneNum08035361056
ReturnHeader/Filer/USAddress/AddressLine1Txt0401 HARBISON BLVD NO 3A

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$315,244
Liabilities
$20,479
Net assets
$294,765
Revenue
$96,039
Expenses
$95,497
Net income
$542
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.19$0.10$3.09$1.25$1.05$0.20
2023Detailed filing. Detailed filing data is available for this year.$3.25$0.36$2.89$1.09$1.33$0.24
2022Detailed filing. Detailed filing data is available for this year.$3.22$0.09$3.13$1.05$1.24$0.19
2021Detailed filing. Detailed filing data is available for this year.$3.38$0.06$3.32$1.11$0.84$0.27
2020Detailed filing. Detailed filing data is available for this year.$3.10$0.06$3.05$0.99$0.89$0.10
2019Detailed filing. Detailed filing data is available for this year.$3.15$0.20$2.95$0.96$0.95$0.01
2018Detailed filing. Detailed filing data is available for this year.$3.08$0.14$2.94$0.91$0.92$0.01
2017Detailed filing. Detailed filing data is available for this year.$3.18$0.23$2.95$0.88$1.21$0.32
2016Summary only. Only limited summary data is available for this year.$3.35$5.13$1.78$0.90$0.85$0.04
2015Summary only. Only limited summary data is available for this year.$3.30$5.12$1.82$0.81$0.88$0.07
2014Summary only. Only limited summary data is available for this year.$3.42$5.17$1.75$0.82$0.93$0.11
2013Summary only. Only limited summary data is available for this year.$3.64$5.28$1.64$0.81$0.89$0.08
2012Summary only. Only limited summary data is available for this year.$3.56$5.12$1.56$0.79$0.89$0.10
2011Summary only. Only limited summary data is available for this year.$3.65$5.11$1.46$0.70$0.84$0.14
2010Summary only. Only limited summary data is available for this year.$3.79$5.11$1.32$0.71$0.81$0.10