2024-11-07T09:52:46-05:00 2024-06-30 570522539 SHEHEEN HANCOCK & GODWIN LLP PO BOX 428 CAMDEN SC 290210428 990EZ 2023-07-01 570933962 LEXINGTON FOUR-NINETY INC LEXI 8038083966 PO BOX 4389 WEST COLUMBIA SC 29170 THOYD B WARREN EX OFFICIO 8038083966 2024-10-16 false TRACY L FAILE CPA P01640309 8034321424 2024-10-16 2023 2024-10-15 13:58:12Z X X N/A X X 193276 X 125987 65487 78 1724 193276 27102 14776 27934 100995 170807 22469 -632317 -609848 X 932 18697 118463 130181 195715 206930 315110 355808 947427 965656 -632317 -609848 X LEXINGTON FOUR-NINETY INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A RESIDENCE FOR THE MENTALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE PROGRAM EXISTS SOLELY TO PROVIDE RESIDENTIAL SERVICES TO THE MENTALLY HANDICAPPED IN 4 HOMES WITH 4 RESIDENTS EACH. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT. 156816 156816 THOYD B WARREN EX OFFICIO 1.00 0 ANDREW SALEEBY CHAIRPERSON 1.00 0 DEBORAH MANN DIRECTOR 1.00 0 DANIEL DAVIS DIRECTOR 1.00 0 SARAH LIVINGSTON DIRECTOR 1.00 0 TOMMY BOGGS DIRECTOR 1.00 0 AUNDRAI HOLLOMAN DIRECTOR 1.00 0 CYNTHIA WINSTON DIRECTOR 1.00 0 WILFRED G ROGERS SECRETARY 1.00 0 FRANKEY HOUSE DIRECTOR 1.00 0 WILLIAM REESE DIRECTOR 1.00 0 JOANNE WACTOR DIRECTOR 1.00 0 ERIK J SIMENSEN VICE CHAIRPE 1.00 0 BRIAN MCGILL DIRECTOR 1.00 0 WILLIAM HOLMES TREASURER 1.00 0 false false false false false false false false false SOUTHERN DEVELOPMENT MANAGEMENT CO 1403 JARET COURT WEST COLUMBIA SC 29169 8038083966 false false false false false false false false false false false NONE NONE true X 123806 128666 128301 122661 125987 629421 123806 128666 128301 122661 125987 629421 629421 53214 63872 61121 63666 67289 309162 938583 309162 0.67060 0.67850 X FORM 990-EZ, PART I, LINE 8 OTHER INCOME 1,724 TOTAL 1,724 FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 9 OFFICE EXPENSE 4,352 INSURANCE EXPENSE 10,491 WORKMEN'S COMPENSATION 552 MISCELLANEOUS ADMIN EXP 8,238 CONTRACTS 48,002 SUPPLIES 1,596 TRASH REMOVAL 2,411 REPAIRS AND MAINTENANCE 17,759 NON-INVESTMENT DEPRECIATION 7,585 TOTAL 100,995 FORM 990-EZ, PART II, LINE 24 ACCOUNTS RECEIVABLE 954 136 LAND IMPROVEMENTS 65,656 65,656 LESS ACCUMULATED DEPRECIATION 39,327 41,832 EQUIPMENT 94,632 94,632 LESS ACCUMULATED DEPRECIATION 78,719 81,017 TENANT SECURITY DEPOSITS 3,839 4,224 ESCROWS AND RESERVES 148,680 165,131 TOTAL 195,715 206,930 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,145 21,396 TENANT SECURITY DEPOSITS 3,839 3,867 DUE TO SPONSOR 175,093 175,093 CAPITAL ADAVANCE 765,300 765,300 PREPAID REVENUE 50 0 FORM 990-EZ, PART III LEXINGTON FOUR-NINETY INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A RESIDENCE FOR THE MENTALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.