2024-05-13T13:10:08-05:00 2023-06-30 561965804 THOMAS JUDY & TUCKER PA 4700 FALLS OF NEUSE ROAD STE 400 RALEIGH NC 27609 990 2022-07-01 562097995 RAI DEVELOPMENT CORPORATION RAID 9199673402 550 SMITH LEVEL ROAD CARRBORO NC 27510 DAVID CHAPMAN CHAIRMAN/CEO 9199673402 2024-05-13 1 DAVID CHAPMAN 999009999 0 MICHAEL A SHUSKO CPA P01314870 9195717055 2024-04-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DAVID CHAPMAN 550 SMITH LEVEL ROAD CARRBORO NC 27510 111460 0 X N/A X 1996 NC RAI IS A DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO HOLD TITLE FOR REAL PROPERTY FOR ANOTHER TAX-EXEMPT ORGANIZATION. 3 3 0 4 0 0 0 4000 302710 107460 0 0 0 0 302710 111460 0 0 0 0 0 0 0 0 0 248040 123738 248040 123738 54670 -12278 774631 710685 318446 266778 456185 443907 RAI IS A DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO HOLD TITLE FOR REAL PROPERTY FOR ANOTHER TAX-EXEMPT ORGANIZATION. 0 0 RAI IS A DEVELOPMENT CORPORATION WHOSE PURPOSE IS TO HOLD TITLE FOR REAL PROPERTY FOR ANOTHER TAX-EXEMPT ORGANIZATION. THUS, RAI DEVELOPMENT CORPORATION DOES NOT HAVE ANY PROGRAM REVENUE OR EXPENSES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 1 1 0 0 0 X DAVID CHAPMAN 9199673402 550 SMITH LEVEL ROAD CARRBORO NC 27510 MARTHA BOLLINGER SECRETARY 0.10 X X 0 0 0 JACK SIMONDS CHAIRMAN 0.10 X X 0 0 0 ANDRA DAVIS BOARD MEMBER 0.10 X 0 0 0 DAVID CHAPMAN CEO 0.10 40.00 X 0 117619 25194 0 117619 25194 0 0 0 0 0 4000 4000 RENTAL 531390 107460 107460 107460 111460 107460 0 0 10341 603 32834 20897 28000 28239 DUES AND SUBSCRIPTIONS 2824 123738 203441 168327 1164343 622984 569333 541359 1264 999 593 0 774631 710685 318446 266778 318446 266778 X 456185 443907 456185 443907 774631 710685 -12278 0 X X 0 0 0 100000 100000 1041500 609966 431534 22843 13018 9825 541359 X PART X, LINE 2: THE ORGANIZATION ADOPTED THE PROVISIONS OF FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. UNDER THIS PROVISION, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE IMPLEMENTATION HAD NO IMPACT ON THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, IT WILL NOT RECOGNIZE ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX YEARS IN PROGRESS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2018. AS OF JUNE 30, 2023 AND 2022, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS PROVIDED TO ALL BOARD MEMBERS TO REVIEW BEFORE THE FORM 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART XII, LINE 1: THE ORGANIZATION PREPARES FORM 990 USING THE MODIFIED CASH BASIS OF ACCOUNTING. PART XII, LN 2C THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. CARAMORE COMMUNITY INC 550 SMITH LEVEL ROAD CARRBORO NC 27510 510145188 PROVIDES GROUP HOME AND RESIDENTIAL SETTINGS NC 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 CARAMORE COMMUNITY INC J 100860 RENTAL AGREEMENT CARAMORE COMMUNITY INC R 28000 FMV