2024-11-07T09:52:46-05:00 2024-06-30 570522539 SHEHEEN HANCOCK & GODWIN LLP PO BOX 428 CAMDEN SC 290210428 990 2023-07-01 570678854 RICHLAND EAST INC RICH 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 THOYD B WARREN 204252 false X N/A X 1978 SC RICHLAND EAST INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND CONSTRUCT AND OPERATE TWO GROUP HOMES WITH SPECIAL NEEDS. 14 14 0 0 142682 143562 53903 60062 56 35 725 593 197366 204252 0 0 22427 28126 0 0 149481 154647 171908 182773 25458 21479 475567 478119 220232 201305 255335 276814 X RICHLAND EAST, INC. (THE "ORGANIZATION") IS A SOUTH CAROLINA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AN INTEREST IN REAL ESTATE LOCATED IN RICHLAND COUNTY AND TO CONSTRUCT GROUP HOMES FOR INDIVIDUALS WITH SPECIAL NEEDS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE TWO GROUP HOMES CONSIST OF 16 UNITS LOCATED IN RICHLAND COUNTY, SOUTH CAROLINA. UNDER THIS PROGRAM, THE PROJECT PROVIDES HOUSING TO THE LOW- AND MODERATE- INCOME ELDERLY AS WELL AS PERSONS WITH DISABILITIES, SUBJECT TO REGULATION BY HUD, AS TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO IS SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT'S NON-MAJOR PROGRAM IS THE SECTION 8 RENT SUBSIDY. false false 162187 60655 RICHLAND EAST, INC. (THE "ORGANIZATION") IS A SOUTH CAROLINA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AN INTEREST IN REAL ESTATE LOCATED IN RICHLAND COUNTY AND TO CONSTRUCT GROUP HOMES FOR INDIVIDUALS WITH SPECIAL NEEDS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE TWO GROUP HOMES CONSIST OF 16 UNITS LOCATED IN RICHLAND COUNTY, SOUTH CAROLINA. UNDER THIS PROGRAM, THE PROJECT PROVIDES HOUSING TO THE LOW- AND MODERATE- INCOME ELDERLY AS WELL AS PERSONS WITH DISABILITIES, SUBJECT TO REGULATION BY HUD, AS TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO IS SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT'S NON-MAJOR PROGRAM IS THE SECTION 8 RENT SUBSIDY. THE PROGRAM EXIST SOLELY TO PROVIDE RESIDENTIAL SERVICES TO SPECIAL NEEDS RESIDENTS IN TWO 8 UNITS COMPLEXES. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT. 162187 true false false false false false false false false false true false false true true false 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 false 10 0 true 0 false false false false false false false false X 14 14 false false false false false false false true true false false false false false false false false false X SOUTHERN DEVELOPMENT MANAGEMENT CO 8038083966 1403 JARET COURT WEST COLUMBIA SC 29169 X TOMMY BOGGS DIRECTOR 1.00 X 0 0 0 DANIEL DAVIS DIRECTOR 1.00 X 0 0 0 AUNDRAI HOLLOMAN DIRECTOR 1.00 X 0 0 0 FRANKEY HOUSE DIRECTOR 1.00 X 0 0 0 SARAH LIVINGSTON DIRECTOR 1.00 X 0 0 0 DEBORAH MANN DIRECTOR 1.00 X 0 0 0 BRYAN MCGILL DIRECTOR 1.00 X 0 0 0 WILLIAM REESE DIRECTOR 1.00 X 0 0 0 JOANNE WACTOR DIRECTOR 1.00 X 0 0 0 THOYD B WARREN EX OFFICIO 1.00 X 0 0 0 CYNTHIA WINSTON DIRECTOR 1.00 X 0 0 0 WILLIAM HOLMES TREASURER 1.00 X 0 0 0 WILFRED G ROGERS SECRETARY 1.00 X 0 0 0 ANDREW SALEEBY CHAIRPERSON 1.00 X 0 0 0 ERIK J SIMENSEN VICE CHAIRPE 1.00 X 0 0 0 false false false 143562 143562 RENT 60062 60062 60062 35 35 TENANT CHARGES 593 593 593 204252 60655 35 23678 23678 2653 2653 1795 1795 14851 14851 785 785 5735 5735 9 9 12802 12802 23717 23717 6987 6987 20069 20069 8801 8801 CONTRACTS 29105 29105 REPAIRS AND MAINTENANCE 15986 15986 SUPPORT SERVICES 9600 9600 MISCELLANEOUS ADMIN EXPEN 4030 4030 2170 2170 182773 162187 20586 0 184339 156679 8240 1015378 775463 218525 239915 72703 73285 475567 478119 30336 26515 189896 174790 220232 201305 X 255335 276814 255335 276814 475567 478119 21479 X false true X true false X 131912 138080 143068 142682 143562 699304 131912 138080 143068 142682 143562 699304 699304 50360 54298 50882 54628 60690 270858 970162 270858 0.72080 0.72660 X 18985 18985 731032 564390 166642 111622 76715 34907 153739 134358 19381 239915 ESCROWS AND DEPOSITS 69723 TENANT DEPOSITS HELD IN TRUST 3424 DEPOSIT RECEIVABLE - UTILITIES 138 73285 MORTGAGE AND OTHER NOTES PAYABLE 171214 TENANT SECURITY DEPOSITS 3424 ACCRUED INTEREST PAYABLE 152 174790 204252 204252 204252 182773 182773 182773 FORM 990 - ORGANIZATION'S MISSION RICHLAND EAST, INC. (THE "ORGANIZATION") IS A SOUTH CAROLINA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AN INTEREST IN REAL ESTATE LOCATED IN RICHLAND COUNTY AND TO CONSTRUCT GROUP HOMES FOR INDIVIDUALS WITH SPECIAL NEEDS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE TWO GROUP HOMES CONSIST OF 16 UNITS LOCATED IN RICHLAND COUNTY, SOUTH CAROLINA. UNDER THIS PROGRAM, THE PROJECT PROVIDES HOUSING TO THE LOW- AND MODERATE- INCOME ELDERLY AS WELL AS PERSONS WITH DISABILITIES, SUBJECT TO REGULATION BY HUD, AS TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO IS SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT'S NON-MAJOR PROGRAM IS THE SECTION 8 RENT SUBSIDY. FORM 990, PAGE 2, PART III, LINE 4A RICHLAND EAST, INC. (THE "ORGANIZATION") IS A SOUTH CAROLINA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED FOR THE PURPOSE OF ACQUIRING AN INTEREST IN REAL ESTATE LOCATED IN RICHLAND COUNTY AND TO CONSTRUCT GROUP HOMES FOR INDIVIDUALS WITH SPECIAL NEEDS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE TWO GROUP HOMES CONSIST OF 16 UNITS LOCATED IN RICHLAND COUNTY, SOUTH CAROLINA. UNDER THIS PROGRAM, THE PROJECT PROVIDES HOUSING TO THE LOW- AND MODERATE- INCOME ELDERLY AS WELL AS PERSONS WITH DISABILITIES, SUBJECT TO REGULATION BY HUD, AS TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO IS SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENTS WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD), AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT'S NON-MAJOR PROGRAM IS THE SECTION 8 RENT SUBSIDY. FORM 990, PAGE 2, PART III, LINE 4D THE PROGRAM EXIST SOLELY TO PROVIDE RESIDENTIAL SERVICES TO SPECIAL NEEDS RESIDENTS IN TWO 8 UNITS COMPLEXES. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT. FORM 990, PAGE 6, PART VI, LINE 11B NO REVIEW WAS OR WILL BE CONDUCTED. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC.