2024-08-13T14:08:17-05:00 2023-12-31 582646754 CARTER & COMPANY CPAS LLC PO BOX 279 DESTIN FL 32540 990 2023-01-01 581530855 SOUTHEASTERN AFFORDABLE HOUSING MANAGEMENT ASSOCIATION INC SOUT 8007454088 315 W PONCE DE LEON AVENUE 500 DECATUR GA 30030 ELIZABETH EDDY EXECUTIVE DIRECTOR 8007454088 2024-08-13 1 0 SAMUEL T BOERMA P00614373 8506500125 2023 2024-08-08 14:25:15Z ELIZABETH EDDY 315 W PONCE DE LEON AVENUE 500 DECATUR GA 30030 1960020 0 X WWW.SAHMA.ORG X 1982 GA PROVIDE COMPREHENSIVE AND TIMELY SERVICE AND REPRESENTATION TO AND FOR ITS MEMBERS AND THE AFFORDABLE HOUSING INSUSTRY THROUGH ADVOCACY, NETWORKING AND EDUCATION. ACTIVITIES INCLUDE AN ANNUAL CONFERENCE, ANNUAL STATE MEETINGS, LOCAL EDUCATIONAL SEMINARS, AND VARIOUS OTHER EDUCATIONAL AND NETWORKING OFFERINGS AND OPPORTUNITIES. 21 21 4 0 0 0 302935 327485 1386502 1562887 42841 69648 0 0 1732278 1960020 0 0 0 0 277014 309349 0 0 0 1142787 1279309 1419801 1588658 312477 371362 3835948 4131543 517256 408569 3318692 3722974 THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE COMPREHENSIVE AND TIMELY SERVICE AND REPRESENTATION TO AND FOR ITS MEMBERS AND THE AFFORDABLE HOUSING INDUSTRY THROUGH ADVOCACY, NETWORKING AND EDUCATION. 0 0 ALL ACTIVITIES ARE DIRECTED TOWARD COMPREHENSIVE AND TIMELY SERVICE AND ASSISTANCE TO MEMBERS OF THE AFFORDABLE HOUSING INDUSTRY THROUGH NETWORKING AND EDUCATION. ACTIVITIES INCLUDE AN ANNUAL CONFERENCE, ANNUAL STATE MEETINGS, LOCAL EDUCATIONAL SEMINARS, AND VARIOUS OTHER EDUCATIONAL AND NETWORKING OFFERINGS AND OPPORTUNITIES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 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 0 0 1 16 0 1 4 1 0 0 0 0 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 GA X ELIZABETH EDDY 8007454088 315 W PONCE DE LEON AVENUE STE 500 DECATUR GA 30030 X SONJA HORN MCGAHA PRESIDENT 2.00 X X 0 0 0 GLENDA LEDUC VICE PRESIDENT 2.00 X X 0 0 0 BRIAN HARRIS VICE PRESIDENT 2.00 X X 0 0 0 DENNIS MCWILLIAMS PRESIDENT 2.00 X X 0 0 0 PATTY SHERMAN VICE PRESIDENT 2.00 X X 0 0 0 THERESA MERRYMAN VICE PRESIDENT 2.00 X X 0 0 0 MICHELLE CUTILLO DIRECTOR 2.00 X 0 0 0 CAROLYN FOX DIRECTOR 2.00 X 0 0 0 SCOTT ALDERMAN PRESIDENT-ELECT 2.00 X X 0 0 0 MATT BRANDON VICE PRESIDENT 2.00 X X 0 0 0 LEROY MOORE DIRECTOR 2.00 X 0 0 0 LAUREN CHUNG DIRECTOR 2.00 X 0 0 0 ANITA DARNALL DIRECTOR 2.00 X 0 0 0 JAMIE KERR VICE PRESIDENT 2.00 X X 0 0 0 SONYA CARTER DIRECTOR 2.00 X 0 0 0 GREG HALL DIRECTOR 2.00 X 0 0 0 STEPHANIE HAYNES DIRECTOR 2.00 X 0 0 0 LEIONA NEWELL DIRECTOR 2.00 X 0 0 0 JOEL MORROW DIRECTOR 2.00 X 0 0 0 MAGGIE MURTAUGH VICE PRESIDENT 2.00 X X 0 0 0 ADAM CASTLEBERRY DIRECTOR 2.00 X 0 0 0 JEFF WIRRICK DIRECTOR 2.00 X 0 0 0 TONY JONES DIRECTOR 2.00 X 0 0 0 MARK HORTON DIRECTOR 2.00 X 0 0 0 SANDY HINSON DIRECTOR 2.00 X 0 0 0 ELIZABETH EDDY EXECUTIVE DIRECTOR 50.00 X 129294 0 2400 129294 0 2400 1 0 0 0 0 327485 327485 CONFERENCES, EDUCATION 611430 1341699 1341699 PREFERRED PROVIDER PRO 541900 147590 147590 OTHER MEMBER PROGRAMS 541900 62024 62024 PUBLICATIONS 513190 11574 11574 1562887 69648 69648 1960020 1562887 0 69648 129294 125145 3728 31702 19480 4530 6078 3747 20847 15846 79447 11004 1069071 2954 13492 DUES & SUBSCRIPTIONS 40810 CONTESTS, PRIZES, AWARD 7114 MISCELLANEOUS EXPENSES 1560 CREDIT CARD PROCESSING 1112 1697 1588658 1165226 1926029 1474988 993155 3040 1445 76968 61282 44980 38191 9743 6789 851317 950183 254666 192660 3835948 4131543 100 13752 268503 208170 248653 186647 517256 408569 X 3318692 3722974 3318692 3722974 3835948 4131543 371362 32920 0 X X 0 1 X 1 0 0 1 0 44980 38191 6789 6789 LEASE LIABILITY 186647 186647 X 1990444 32920 32920 1957524 2496 2496 1960020 1586162 0 1586162 2496 2496 1588658 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE AND EXEMPT FROM GEORGIA STATE INCOME TAXES. THE ASSOCIATION HAS ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES). IT REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A 'MORE-LIKELY-THAN-NOT' THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE IMPLEMENTATION HAD NO IMPACT ON THE ASSOCIATION STATEMENT OF FINANCIAL POSITION OR STATEMENT OF ACTIVITIES. THE ASSOCIATION DOES NOT BELIEVE THEIR FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS AND THAT NO INCOME TAXES ARE DUE FOR THEIR ACTIVITIES. THEREFORE, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED WITH INVESTMENT INCOME 2,496. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED WITH INVESTMENT INCOME 2,496. X X X 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING FIRM AND PROVIDED TO THE EXECUTIVE DIRECTOR FOR INITIAL REVIEW AND APPROVAL. AFTER ANY QUESTIONS AND COMMENTS FROM THE EXECUTIVE DIRECTOR ARE ADDRESSED, THE RETURN IS CIRCULATED TO THE BOARD OF DIRECTORS FOR FINAL REVIEW AND COMMENT. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD OF DIRECTORS ARE ADDRESSED, THE FINAL APPROVED RETURN IS PROVIDED TO THE DESIGNATED BOARD OFFICER FOR SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS REVIEWED AND DISCUSSED AT REGULARLY SCHEDULED QUARTERLY BOARD MEETINGS AND AT OTHER TIMES VIA CONFERENCE CALL IF NECESSARY. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR ALL EMPLOYEES IS SET AS PART OF THE ANNUAL BUDGETING PROCESS UNDER WHICH THE OPERATING BUDGET IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO THE START OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION C, LINE 19 ALL DISCLOSURE DOCUMENTS ARE POSTED TO THE ORGANIZATION'S WEB SITE. PAPER COPIES ARE PROVIDED UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE FROM PRIOR YEAR.