2024-05-13T17:09:59-04:00 2023-12-31 570542520 DIANNE BAUGHMAN CPA 318 BAYSIDE RD COLUMBIA SC 29212 990 2023-01-01 570958595 WASHINGTON PLACE INC WASH 8035361056 14 S WASHINGTON STREET SUMTER SC 29154 A JOY JAY EX.DIR.MHA OF SC 8035361056 2024-05-13 JOY JAY XXX-XX-XXXX false DIANNE B BAUGHMANCPA P01364196 8037323652 2024-05-13 X 2023 2023-04-26 12:10:37Z A JOY JAY 1823 GADSDEN STREET COLUMBIA SC 29201 140535 false X X 1993 WASHINGTON PLACE, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 16 UNIT PROJECT KNOWN AS WASHINGTON PLACE APARTMENTS LOCATED IN SUMTER, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES. THE CORPORATION RECEIVES HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE APARTMENT COMMUNITY COMMENCED OPERATIONS IN AUGUST 1993. 4 4 0 0 0 139967 139787 56 240 487 508 140510 140535 0 0 46738 44041 0 0 95322 95141 142060 139182 -1550 1353 561523 564992 701354 703469 -139831 -138477 X WASHINGTON PLACE, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 16 UNIT PROJECT KNOWN AS WASHINGTON PLACE APARTMENTS LOCATED IN SUMTER, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES. THE CORPORATION RECEIVES HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE APARTMENT COMMUNITY COMMENCED OPERATIONS IN AUGUST 1993. false false 115947 PROVIDE HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES 115947 true false false false false false false false false false true false 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 false true 6 0 0 false false false false false false false false X 4 4 false true false false false true false true true false false false false false false false false false X MENTAL HEALTH AMERICA OF SC 8037795363 2201 COMMERCE DRIVE CAYCE SC 29033 X ERIC BROWDER BOARD MEMBER X 0 0 0 FAYE GRIFFIN SECRETARY X X 0 0 0 ANDREW HEDGEPATH BOARD MEMBER X 0 0 0 A JOY JAY EX.DIR.MHA O X 0 0 0 CHARLEAN MILLER MHA REGION 2 X 0 0 0 JEREMY WILSON CHAIR X 0 0 0 false false false RENTAL SUBSIDY FROM HUD 531110 101016 101016 RENTAL FROM RESIDENTS 531110 38771 38771 139787 240 240 LAUNDRY AND VENDING INCOME 508 508 508 140535 140535 33233 33233 7768 7768 3040 3040 10129 10129 10785 10785 60 60 4709 4709 68 68 21346 21346 14922 14922 REPAIRS AND MAINTENANCE 14199 14199 UTILITIES 13037 13037 MISCELLANEOUS 2573 320 2253 GARBAGE AND TRASH REMOVAL 1886 1886 1427 1427 139182 115947 23235 0 7667 4848 14550 14800 974 1428 2120 2120 877432 624981 273133 252451 259066 285531 4013 3814 561523 564992 18149 19891 211 783 675500 675500 7494 7295 701354 703469 X -139831 -138477 -139831 -138477 561523 564992 1353 1 X false true X true true true X 95267 95267 29277 130520 132939 140510 140535 573781 124544 130520 132939 140510 140535 669048 669048 135 135 135 135 1925 1925 126604 130520 132939 140510 140535 671108 0.99690 0.99660 0.00000 0.00000 X PART III, LINE 12 1,925 SUPPLEMENTAL INFORMATION MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. 50000 50000 679456 486390 193066 147976 138591 9385 252451 RESERVE FOR REPLACEMENTS 259239 C RESIDUAL RECEIPTS RESERVE 15048 C ESCROW DEPOSITS 11244 C 285531 RESIDUAL RECEIPTS RECAPTURE 4106 TENANT SECURITY DEPOSITS 3189 7295 FORM 990 - ORGANIZATION'S MISSION WASHINGTON PLACE, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 16 UNIT PROJECT KNOWN AS WASHINGTON PLACE APARTMENTS LOCATED IN SUMTER, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW INCOME PERSONS WITH DISABILITIES. THE CORPORATION RECEIVES HOUSING ASSISTANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. THE APARTMENT COMMUNITY COMMENCED OPERATIONS IN AUGUST 1993. FORM 990, PAGE 6, PART VI, LINE 3 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A MANAGEMENT AGREEMENT WITH A MANAGEMENT COMPANY FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS CUSTOMARY FOR OWNERS/OPERATORS OF HUD-ASSISTED RENTAL COMMUNITIES. THE MANAGEMENT CONTRACT ENCOMPASSES THE DAY-TO-DAY OPERATIONS OF THE PROJECT INCLUDING, BUT NOT LIMITED TO, COLLECTION OF RENTS, MAINTENANCE OF FACILITIES, SUPERVISION OF STAFF, AND ONGOING SUPPORT FOR BOTH THE OWNERS AND TENANTS AS NEEDED IN ORDER TO ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A THE NUMBER, TERMS, MANNER OF ELECTION AND COMPOSITION OF THE BOARD SHALL BE CONTROLLED BY THE SUMTER COUNTY MENTAL HEALTH ASSOCIATION, OR ITS SUCCESSORS OR ASSIGNS, MEMBERSHIP ON THE BOARD OF DIRECTORS MUST COME FROM THE ROSTER OF CURRENT MEMBERS OF SAID ASSOCIATION, OR NON MEMBERS WHO HAVE THE APPROVAL OF THE SUMTER COUNTY MENTAL HEALTH ASSOCIATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE MANAGEMENT COMPANY FOR INITIAL REVIEW AND APPROVAL. THE RETURN IS THEN FORWARDED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW, APPROVAL AND SIGNATURE. FORM 990, PAGE 6, PART VI, LINE 19 FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST.