2024-09-16T11:08:20-04:00 2023-12-31 844233121 SHARPE PATEL CPA 325 ARLINGTON AVE STE 630 CHARLOTTE NC 28203 990 2023-01-01 561370891 LUCC LTD OF RALEIGH LUCC 3367241000 2821 LAODICEA DR RALEIGH NC 27610 ROOSEVELT SCOTT JR PRESIDENT 9108147338 2024-09-11 true AARON PATEL CPA P00963410 7044993893 2024-09-11 2023 2024-08-08 14:25:15Z CEDAR CREST NEW LIFE CENTER ROOSEVELT SCOTT JR 2909 BUCKTHORNE COURT RALEIGH NC 27610 425701 false X WWW.CEDARCRESTNEWLIFECENTER.COM X 1983 NC THE ORGANIZATION PROVIDES LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. 12 12 0 12 0 0 447714 425169 75 532 2821 0 450610 425701 0 0 73569 73896 0 0 447834 436002 521403 509898 -70793 -84197 1959682 1842358 3119055 3085928 -1159373 -1243570 THE ORGANTIZATION PROVIDES LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. false false 404079 425169 MULTI UNIT APARTMENT COMPLEX PROVIDING HOUSING FOR ELDERLY AND HANDICAPPED CITIZENS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. 404079 true false false false false false false false true false true false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 0 false false false false false false false false false false false false false false X 12 12 false true false false false false false true true false false false true true false true true false false false NC X RPM INC 3367241000 1105 BROOKSTOWN AVENUE WINSTON SALEM NC 27101 X ROOSEVELT SCOTT JR PRESIDENT 1.00 X X 0 0 0 MARY A ROGERS VICE PRESIDE 1.00 X X 0 0 0 EDRISA HORTON SECRETARY 1.00 X X 0 0 0 LONNETTA W RAYNOR TREASURER 1.00 X X 0 0 0 SHARON CANNON MEMBER 1.00 X 0 0 0 GILBERT DORSEY MEMBER 1.00 X 0 0 0 DEACON THOMAS DOWDY CHAPLAIN 1.00 X X 0 0 0 MARVIN ROGERS MEMBER 1.00 X 0 0 0 DEBRA SMALLWOOD MEMBER 1.00 X 0 0 0 PASTOR JOE L STEVENSON MEMBER 1.00 X 0 0 0 ANITA WILDER MEMBER 1.00 X 0 0 0 HELEN CAMERON MEMBER 1.00 X 0 0 0 false false false ADAMANT BUILDING CARPENTRY LLC 3100 STONY BROOK DR STE S3 RALEIGH NC 27604 RENOVATION 108688 1 RENT REVENUE 531110 423980 423980 TENANT CHARGES 531110 968 968 LAUNDRY & VENDING 531110 221 221 425169 532 532 425701 425169 532 X 58720 20832 37888 9751 9751 5425 5425 30556 30556 1528 1528 7380 7380 82050 82050 11898 11898 14840 14840 5236 5236 145019 145019 32073 32073 36767 36767 REHAB COSTS 24421 24421 SERVICE COORDINATOR EXP 16996 16996 SUPPLIES 14953 14953 OTHER RENTING EXPENSE 7185 7185 5100 952 4148 509898 404079 105819 0 7714 37218 3 238 27541 24740 2241287 1761557 255437 479730 1649386 1273358 19601 27074 1959682 1842358 135105 135971 125 342 10765 11036 2973060 2938579 3119055 3085928 X -1159373 -1243570 -1159373 -1243570 1959682 1842358 -84197 X false true X true false X 259589 259589 340220 113822 449136 450535 425169 1778882 8864 8864 340220 373411 458000 450535 425169 2047335 2047335 99 65 47 75 532 818 99 65 47 75 532 818 27667 27667 340319 401143 458047 450610 425701 2075820 0.98630 0.97510 0.00000 0.00000 X PART III, LINE 12 27,667 false true X 124927 124927 1749570 1491845 257725 267630 184933 82697 99160 84779 14381 479730 RESERVE FOR REPLACEMENT 747190 C OTHER RESERVES 523818 C RESIDUAL RECEIPTS 2350 C 1273358 X 425701 425701 425701 509898 509898 509898 SCHEDULE D, PAGE 2, PART IV, LINE 2B TENANT SECURITY DEPOSITS ARE DEPOSITED IN A SEPARATE BANK ACCOUNT AS REQUIRED BY HUD. THE BALANCE OF THIS ACCOUNT MUST EQUAL OR EXCEED THE TOTAL LIABILITY TO TENANTS FOR THOSE DEPOSITS. SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. UNDER GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, AN ENTITY MUST RECOGNIZE TAX BENEFITS ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE THE ORGANIZATION TO RECORD A LIABILITY FOR UNRECOGNIZED TAX BENEFITS. MANAGEMENT BELIEVES THAT THE ORGANIZATION'S TAX YEARS ENDED DECEMBER 31, 2022, 2021 AND 2020 REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS. THE ORGANIZATION FILES A TAX RETURN ANNUALLY FOR INFORMATIONAL PURPOSES ONLY. FORM 990, PAGE 6, PART VI, LINE 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH RESIDENTIAL PROPERTIES MANAGEMENT, INC TO HANDLE DAY TO DAY BUSINESS ACTIVITIES, INCLUDING BOOKKEEPING AND PAYROLL SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S FORM 990 IS REVIEWED AND SIGNED BY THE BOARD PRESIDENT OR VICE PRESIDENT BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTS 68,469 0 0 GARBAGE REMOVAL 9,271 0 0 MAINTENANCE 3,659 0 0 SECURITY 651 0 0 TOTAL 82,050 0 0