2024-08-28T14:57:28-04:00 2023-12-31 571021392 SCOTT AND COMPANY LLC PO BOX 8388 COLUMBIA SC 29202 990 2023-01-01 570529692 MT ZION AME APARTMENTS INC SEC 1 MTZI 8038083966 1403 JARET COURT WEST COLUMBIA SC 29169 REESE B QUICK MANAGING AGENT 8038083966 2024-08-27 true WILLIAM T POUNCEY P00309267 8032566021 2024-08-27 2023 2024-08-08 14:25:15Z MERRITT B GRAVES 1403 JARET COURT WEST COLUMBIA SC 29169 638841 false X N/A X 1970 SC PROVIDE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND FAMILIES DISPLACED FROM URBAN RENEWAL AREAS OR AS A RESULT OF GOVERNMENT ACTION, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS 9 9 0 0 433104 433319 162507 205505 94 17 14223 0 609928 638841 0 0 0 0 0 649212 637378 649212 637378 -39284 1463 311923 219849 1181998 1088461 -870075 -868612 X PROVIDE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND FAMILIES DISPLACED FROM URBAN RENEWAL AREAS OR AS A RESULT OF GOVERNMENT ACTION, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS false false 562883 205505 OWNERSHIP AND OPERATION OF A 72-UNIT APARTMENT COMPLEX IN FLORENCE, SOUTH CAROLINA, UNDER THE ADMINISTRATION AND REGULATION OF THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. 562883 true true false false false false false false false false true false false true true true 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 18 0 0 false false false false false false false false false false false false X 9 9 false true false false false false false true true false false false false false false false false false SC SOUTHERN DEVELOPMENT MANAGEMENT COMPANY INC 8038083966 1403 JARET COURT WEST COLUMBIA SC 29169 X EVA M GRANT DIRECTOR 0.50 X 0 0 0 MERRITT B GRAVES CHAIRMAN 0.50 X 0 0 0 ANDREW HARRIS DIRECTOR 0.50 X 0 0 0 HAROLD HUGHES DIRECTOR 0.50 X 0 0 0 WILLIAM WILSON JR DIRECTOR 0.50 X 0 0 0 BOBBIE P KELLY DIRECTOR 0.50 X 0 0 0 DERRICK MCQUEEN DIRECTOR 0.50 X 0 0 0 HERBERT C SESSIONS DIRECTOR 0.50 X 0 0 0 JERRY KEITH SR VICE CHAIRMA 0.50 X 0 0 0 false false false 433319 433319 RENTAL INCOME 531110 187975 187975 TENANT CHARGES 531110 12723 12723 MISCELLANEOUS 531110 4807 4807 205505 17 17 638841 205505 17 66275 66275 840 840 8220 8220 70 70 17103 17103 187836 187836 275 275 16565 16565 40813 40813 CONTRACT SERVICES 182401 182401 REPAIRS AND MAINTENANCE 111740 111740 5240 5240 637378 562883 74495 0 3434 7957 95272 2289 7073 4138 37518 46400 1820119 1677566 151766 142553 16860 16512 311923 219849 72952 54977 884 986 1091302 1015986 16860 16512 1181998 1088461 X -870075 -868612 -870075 -868612 311923 219849 1463 X X false true X true false X 447974 441400 446220 433104 433319 2202017 113513 157354 146889 176730 205505 799991 561487 598754 593109 609834 638824 3002008 3002008 110 85 63 94 17 369 110 85 63 94 17 369 561597 598839 593172 609928 638841 3002377 0.99990 0.99980 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 42450 42450 1630690 1539397 91293 72629 71217 1412 74350 66952 7398 142553 TENANT SECURITY DEPOSITS 16512 16512 TENANT SECURITY DEPOSITS 16512 16512 X 638841 638841 638841 637378 637378 637378 SCHEDULE D, PAGE 3, PART X NEITHER THE ORGANIZATION NOR THE PROJECT IS SUBJECT TO INCOME TAXES. THE ORGANIZATION IS EXEMPT FROM INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ONLY ON NET UNRELATED BUSINESS INCOME. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO CURRENT OBLIGATIONS FOR UNRELATED BUSINESS INCOME TAX. ACCORDINGLY, NO PROVISIONS FOR FEDERAL AND STATE INCOME TAXES ARE REQUIRED. THE ORGANIZATION IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. GENERALLY, THE ORGANIZATION'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATION. FORM 990, PART III LINE 1 - PROVIDE HOUSING FOR LOW AND MODERATE INCOME FAMILIES AND FAMILIES DISPLACED FROM URBAN RENEWAL AREAS OR AS A RESULT OF GOVERNMENT ACTION, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH GROUPS. FORM 990, PAGE 6, PART VI, LINE 3 ALL MANAGEMENT AND ACCOUNTING FUNCTIONS. FORM 990, PAGE 6, PART VI, LINE 11B AN OFFICER OR TRUSTEE REVIEWS AND SIGNS THE RETURN. FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. FORM 990, PAGE 12, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.