2024-02-01T08:05:57-05:00 2023-03-31 263670494 RECTOR REEDER & LOFTON PC 623 TOM BREWER ROAD LOGANVILLE GA 300524042 990 2022-04-01 581888268 CAPITOL AREA DEVELOPMENTS INC CAPI 9198318300 900 HAYNES STREET RALEIGH NC 27604 ELIZABETH EDGERTON SECRETARY 9198318300 2024-01-08 true ELIZABETH EDGERTON 999009999 false MICHAEL K OZMENT CPA P01647253 7708798411 2024-02-01 2022 2023-04-26 12:10:37Z ELIZABETH EDGERTON 900 HAYNES STREET RALEIGH NC 27604 4613273 false X N/A X 1984 NC PROVIDES HOUSING TO LOW TO MODERATE INCOME FAMILIES 5 5 0 0 0 4487633 4528092 3281 85181 -21 0 4490893 4613273 0 0 0 0 0 3302774 3563198 3302774 3563198 1188119 1050075 27712082 28256102 5214867 4708812 22497215 23547290 PROVIDES HOUSING TO LOW TO MODERATE INCOME FAMILIES false false 3563198 4528092 PROVIDES DEVELOPMENT SERVICES FOR LOW INCOME HOUSING 3563198 true false false false false false false false false false true false false false true 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 true true false false false true 0 0 0 false false false false false false false false X 5 5 false false false false false false false true true false false true true false true false false true true true true NC X ELIZABETH EDGERTON 9198318300 900 HAYNES STREET RALEIGH NC 27604 X JOEL WHITLEY BOARD CHAIR X X 0 0 0 HILDA HOLDSCLAW BOARD VICE C X X 0 0 0 ELIZABETH EDGERTON SECRETARY 1.00 X 0 0 0 JIM FARRELL ASST. SECRET X X 0 0 0 ARNE MORRIS BOARD DIRECT X 0 0 0 TJ BARRINGER BOARD DIRECT X 0 0 0 false false false TENANT CHARGES 4411204 4411204 OTHER INCOME 61888 61888 INCENTIVE MANAGEMENT FEE 55000 55000 4528092 85181 85181 4613273 4528092 85181 773378 773378 4794 4794 8879 8879 418 418 181491 181491 1801 1801 131721 131721 1210581 1210581 122909 122909 REPAIRS-MAINTENANCE 882320 882320 RECOGNITION OF GASB 87 173742 173742 OTHER OPERATING EXPENSES 44927 44927 TENANT SERVICES 11058 11058 15179 15179 3563198 3563198 0 0 1972138 4542714 11627162 10322671 36524 66794 39722 39735 102875 77501 31698360 18748054 13730986 12950306 29912 29892 172763 226489 27712082 28256102 85926 56763 76276 104991 3109528 3441375 1943137 1105683 5214867 4708812 X 22497215 23547290 22497215 23547290 27712082 28256102 1050075 X false true X false false X 4418284 4460135 4435679 4487633 4528092 22329823 4418284 4460135 4435679 4487633 4528092 22329823 22329823 105475 144541 37468 3281 85181 375946 105475 144541 37468 3281 85181 375946 4523759 4604676 4473147 4490914 4613273 22705769 0.98340 0.98480 0.02000 0.02000 X 1314875 1314875 29882371 18351728 11530643 501114 396326 104788 12950306 GASB 87 LEASE LIABILITY 485164 TENANT SECURITY DEPOSITS 408339 NON CURRENT ACCRUED EXPENSES 189594 DEFERRED INFLOWS 22586 1105683 4613273 4613273 4613273 3563198 3563198 3563198 FORM 990, PAGE 6, PART VI, LINE 11B COPIES OF THE RETURN ARE PROVIDED TO THE BOARD PRIOR TO FILING. TAX RETURN IS REVIEWED AND APPROVED FOR FILING BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 12C THE POLICY IS MONITORED BY THE CEO. FORM 990, PAGE 6, PART VI, LINE 15A ORGANIZATION HAS NO EMPLOYEES; HOWEVER, CERTAIN INDIVIDUALS EMPLOYED THROUGH RALEIGH HOUSING AUTHORITY HAVE THEIR SALARY OR A PORTION OF THEIR SALARY EXPENSED TO THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 15B ORGANIZATION HAS NO EMPLOYEES; HOWEVER, CERTAIN INDIVIDUALS EMPLOYED THROUGH RALEIGH HOUSING AUTHORITY HAVE THEIR SALARY OR A PORTION OF THEIR SALARY EXPENSED TO THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 19 THE DOCUMENTS ARE MADE AVAILABLE UPON REQUEST AND/OR FORM 4506-A THROUGH WWW.IRS.GOV. HALIFAX SENIOR HOUSING LLC 900 HAYNES STREET RALEIGH NC 27604 562192169 AFFORD HSG NC CAD INC CHAVIS SENIOR HOUSING LLC 900 HAYNES STREET RALEIGH NC 27604 510549954 NC N/A false false false false false false false false false false false false false false false false false false false false false