2024-10-11T15:24:05-04:00 2024-06-30 570542520 DIANNE BAUGHMAN CPA 318 BAYSIDE RD COLUMBIA SC 29212 990 2023-07-01 352384619 TERRY VILLAGE INC TERR 8037795363 2201 COMMERCE DRIVE CAYCE SC 29033 JOY JAY EXEC. DIRECTOR,MHASC 8037795363 2024-10-11 true false DIANNE B BAUGHMANCPA P01364196 8037323652 2024-10-11 X 2023 2024-10-15 13:58:12Z JOY JAY 2201 COMMERCE DRIVE CAYCE SC 29033 107659 false X X 2010 TERRY VILLAGE, 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 14 UNIT PROJECT KNOWN AS TERRY VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SC. 7 7 0 0 67558 61275 36505 45427 114 180 593 777 104770 107659 0 0 30077 34842 0 0 107148 114667 137225 149509 -32455 -41850 1388835 1347461 1815545 1816021 -426710 -468560 X TERRY VILLAGE, 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 14 UNIT PROJECT KNOWN AS TERRY VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SC. false false 136512 TERRY VILLAGE, 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 14 UNIT PROJECT KNOWN AS TERRY VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SC, WHICH PROVIDES HOUSING FOR LOW-INCOME PERSONS WITH DISABIITIES, PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED. 136512 true false false false false false false false false false true 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 true 3 0 true 0 false false false false false false false false X 7 7 false true false false false true false true true false false false false false false false false false MENTAL HEALTH AMERICA OF SC 8037795363 2201 COMMERCE DRIVE CAYCE SC 29033 X KIM GILMORE MEMBER AT LA X 0 0 0 JOY JAY EXEC. DIRECT X 0 0 0 ERICA JENNSEN CHAIR X X 0 0 0 DAVE PRUETT VICE CHAIR X X 0 0 0 BRIDGET HOLLIS STATEN MEMBER AT LA X 0 0 0 MIKE TAYLOR MEMBER AT LA X 0 0 0 MARY TORRO MEMBER AT LA X 0 0 0 false false false 61275 61275 RENTAL INCOME 45427 45427 45427 180 180 LAUNDRY AND VENDING 479 479 FORFEITED SECURITY DEPOSITS 298 298 777 107659 46384 23121 23121 9515 9515 2206 2206 8319 8319 10625 6000 4625 1336 1336 5667 5667 27124 27124 453 453 45376 45376 15568 15568 MISCELLANEOUS 199 146 53 149509 136512 12997 0 12505 9837 1442 412 1689272 570922 1158092 1118350 213563 215528 3233 3334 1388835 1347461 16194 16564 2 1796800 1796800 2551 2655 1815545 1816021 X -426710 -468560 -426710 -468560 1388835 1347461 -41850 X false true X true true true X 55721 63848 64819 67558 61275 313221 25500 27786 30005 37212 46384 166887 81221 91634 94824 104770 107659 480108 480108 81221 91634 94824 104770 107659 480108 1.00000 1.00000 0.00000 0.00000 X PART III, LINE 12 OTHER TENANNT CHARGES 0 142500 142500 1501931 528662 973269 44841 42260 2581 1118350 RESERVE FOR REPLACEMENTS 198341 C ESCROW DEOPOSITS 12311 C RESIDUAL RECEIPTS RESERVE 4876 215528 TENANT SECURITY DEPOSITS 2655 2655 107659 107659 107659 149509 149509 149509 FORM 990 - ORGANIZATION'S MISSION TERRY VILLAGE, 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 14 UNIT PROJECT KNOWN AS TERRY VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SC. 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 AGENT FOR DAY-TO-DAY MANAGEMENT OF THE APARTMENT COMMUNITY AS IS CUSTOMARY PRACTICE 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 ESTBLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. FORM 990, PAGE 6, PART VI, LINE 7A FORM 990, PART VI, SECTION A, LINE 7A: THE DIRECTORS OF THE CORPORATION SHALL, AT ALL TIMES, BE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF MENTAL HEALTH AMERICA OF SOUTH CAROLINA, OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF TRUSTEES (DIRECTORS) OF THE SAID SPONSORING ORGANIZATION. IN THE EVENT THAT A DIRECTOR OF THE CORPORATION CEASES TO BE A MEMBER OF MENTAL HEALTH AMERICA OF SOUTH CAROLINA, OR IF THE AFORESAID APPROVAL IS WITHDRAWN, THEN, IN EITHER EVENT, SUCH SHALL CONSTITUTE AUTOMATIC RESIGNATION AS A DIRECTOR (TRUSTEE) OF THE CORPORATION. FORM 990, PAGE 6, PART VI, LINE 11B FORM 990, PART VI, SECTION B, LINE 11: THE RETURN IS PREPARED BY CPA FIRM AND SENT TO THE MANAGEMENT AGENT FOR INITIAL REVIEW AND APPROVAL. THE MANAGEMENT AGENT THEN SENDS THE RETURN TO THE BOARD OF DIRECTORS FOR FINAL REIEW, 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.