2024-05-15T12:35:38-05:00 2023-06-30 351750664 DAUBY O'CONNOR & ZALESKI LLC 501 CONGRESSIONAL BLVD 300 CARMEL IN 46032 990 2022-07-01 571126190 J&J APARTMENTS INC J&JA 8035361056 100 LIVING WAY DRIVE ORANGEBURG SC 29115 BESSIE ABRAHAM VICE PRESIDENT 8035361056 2024-05-15 1 BESSIE ABRAHAM 999009999 0 MICHELLE SIEBERT P01672419 3178485700 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JAMISON VILLAGE APARTMENTS BESSIE ABRAHAM 100 LIVING WAY DRIVE ORANGEBURG SC 29115 219104 0 X N/A X 2001 SC J&J APARTMENTS, 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 AN 18 UNIT PROPERTY KNOWN AS JAMISON VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR THE LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 9 9 0 0 0 0 142673 135107 35898 42344 98 -17484 269 41538 178938 201505 0 0 0 0 0 0 0 0 0 162196 168934 162196 168934 16742 32571 858309 904070 1161495 1174685 -303186 -270615 X J&J APARTMENTS, 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 AN 18 UNIT PROPERTY KNOWN AS JAMISON VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR THE LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 0 0 120821 24745 J&J APARTMENTS, 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 AN 18 UNIT PROPERTY KNOWN AS JAMISON VILLAGE APARTMENTS LOCATED IN ORANGEBURG, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR THE LOW INCOME ELDERLY PERSONS, PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. 120821 1 1 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 1 0 1 1 0 0 1 0 0 1 0 0 0 SC X NHE INC 8035361056 325 ROCKY SLOPE ROAD SUITE 301 GREENVILLE SC 29607 X PHYLLIS WOLFE PRESIDENT 2.00 2.00 X X 0 0 0 BESSIE ABRAHAM VICE PRESIDENT 2.00 2.00 X X 0 0 0 DEBORAH G HAILEY SECRETARY 2.00 2.00 X X 0 0 0 JAMES JENNINGS TREASURER 2.00 2.00 X X 0 0 0 CHRISTINE THOMAS BOARD MEMBER 2.00 2.00 X 0 0 0 LUTHER GREEN BOARD MEMBER 2.00 2.00 X 0 0 0 RICHARD OWENS BOARD MEMBER 2.00 2.00 X 0 0 0 EARTHA S FULLER BOARD MEMBER 2.00 2.00 X 0 0 0 MARGARET E STROMAN BOARD MEMBER 2.00 2.00 X 0 0 0 0 0 0 0 0 0 0 0 135107 135107 RENTAL INCOME 531110 42344 42344 42344 115 115 17599 -17599 -17599 -17599 GAIN ON INVOLUNTARY CO 531110 40727 40727 LAUNDRY & VENDING 531110 560 560 TENANT CHARGES 531110 251 251 41538 201505 24745 0 41653 14721 14721 4000 4000 7864 7864 60068 60068 291 291 1 1 34609 34609 1580 1580 MANAGEMENT COMPANY EMPL 45698 24564 21134 BAD DEBT EXPENSE 102 102 168934 120821 48113 0 3988 6735 13801 22301 11918 17228 1230252 665256 613429 564996 211002 250589 4171 42221 858309 904070 12483 24987 41 747 1144800 1144800 4171 4151 1161495 1174685 X -303186 -270615 -303186 -270615 858309 904070 32571 0 X X 0 1 X 1 1 1 X 101897 104300 128114 142673 135107 612091 39486 36577 35483 35898 42344 189788 141383 140877 163597 178571 177451 801879 0 0 0 801879 56 69 75 98 115 413 56 69 75 98 115 413 522 1748 10387 269 41538 54464 141961 142694 174059 178938 219104 856756 0.93590 0.98220 0.00050 0.00050 X SCHEDULE A, PART III, LINE 12: MISCELLANEOUS INCOME CONSISTS OF TENANT CHARGES, LAUNDRY AND VENDING CHARGES AND OTHER INCOME ITEMS FOR SERVICES PROVIDED FOR THE CONVENIENCE OF THE TENANTS. INCLUDED ON PAGE 9 IN OTHER REVENUE LINE 7C IS A LOSS ON DISPOSAL OF ASSETS OF $17,599. THE LOSS IS NOT BEING INCLUDED ON SCHEDULE A, PART II LINE 10 BECAUSE IT DOES NOT MEET THE DEFINITION OF SUPPORT AS DEFINED IN SECTION 509(D) OF THE INTERNAL REVENUE CODE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 56000 56000 1030764 547264 483500 143488 117992 25496 564996 ESCROW DEPOSITS 4620 C RESERVE FOR REPLACEMENTS 245969 C 250589 TENANT SECURITY DEPOSITS 4151 4151 X 201505 0 201505 0 201505 169150 216 216 168934 0 168934 PART X, LINE 2: THE CORPORATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND STATE INCOME TAX AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION. ACCORDINGLY, NO PROVISION FOR FEDERAL AND STATE TAXES ON REVENUE AND INCOME HAS BEEN RECOGNIZED IN THE ACCOMPANYING FINANCIAL STATEMENTS. GENERALLY, THE FEDERAL AND STATE TAX RETURNS WERE SUBJECT TO EXAMINATIONS FROM THE THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE OR THE DATE FILED WITH THE APPLICABLE TAX AUTHORITY. PART XII, LINE 2D - OTHER ADJUSTMENTS: BOOK/TAX DEPRECIATION EXPENSE DIFFERENCE 216. 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 ESTABLISH A SAFE, SANITARY AND AFFORDABLE ENVIRONMENT. 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 MT. OLIVE CORPORATION, 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 MT. OLIVE CORPORATION, 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, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A 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 REVIEW, APPROVAL, AND SIGNATURE. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST. FORM 990, PART XII, LINE 2C: THE MANAGEMENT COMPANY RECEIVES A COPY OF THE AUDIT. PRIOR TO THE FINALIZATION OF THE AUDIT, A COPY OF THE AUDIT IS GIVEN TO ALL OF THE BOARD MEMBERS FOR THEIR COMMENTS. WHEN THE AUDIT IS UP FOR BID, THE BOARD DISCUSSES THE RELATIONSHIP WITH THE CURRENT AUDITORS AND MAKES A DETERMINATION AS TO WHETHER TO MAINTAIN THIS RELATIONSHIP OR CHANGE TO A NEW AUDITING FIRM. ABRAHAM-MOSS VILLAGE INC 101 LIVING WAY DRIVE ORANGEBURG SC 29115 562511474 LOW INCOME HOUSING SC 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0