2024-11-14T14:14:49-06:00 2023-12-31 582487348 Aprio Advisory Group LLC 2002 Summit Boulevard Suite 120 Atlanta GA 30319 990PF 2023-01-01 581949667 The Paces Foundation Inc PACE 4044319696 2730 Cumberland Boulevard Smyrna GA 30080 Mark Du Mas Vice President 7704319696 2024-11-14 1 1 Stacy Cullen P00974308 4048929651 2024-11-14 2023 2024-10-15 13:58:12Z X 87831998 X 223099 52746 52746 252535 252535 0 9999858 0 9999858 10528238 305281 9999858 1256185 0 1256185 0 515090 0 515090 0 43273 0 43273 0 28705 0 28705 0 4538752 0 4538752 0 157443 0 157443 0 1462293 0 1462293 80592 0 80592 0 3576676 0 1917525 1659151 11659009 0 9999858 1659151 4000 4000 11663009 0 9999858 1663151 -1134771 305281 0 2623281 2335467 2335467 1460693 1916156 1916156 164737 181726 164737 164737 2581815 0 1978815 2581815 2581815 596842 922495 922495 5357637 5565525 5565525 6765929 6843086 6843086 57490958 7868303 51064695 49622655 49622655 12897422 17880062 17880062 82927040 87831998 87831998 72424 180815 109176 14346 58828021 62789147 2290785 4355827 61300406 67340135 X 21626634 20491863 21626634 20491863 82927040 87831998 21626634 -1134771 0 20491863 0 20491863 4243 0 4243 0 4243 0 0 0 0 0 210 4453 0 0 0 0 0 0 0 0 0 0 0 1 GA 1 0 0 0 0 1 N/A Mark Du Mas 4044319696 2730 Cumberland Boulevard Smyrna GA 30080 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Betty Jones 2335 Shell Road Savannah GA 31404 Board Member 1.00 0 0 0 Julie Bowen 2730 Cumberland Boulevard Smyrna GA 30080 Board Member 1.00 0 0 0 Robert Ryan 2730 Cumberland Boulevard Smyrna GA 30080 Board Member 1.00 0 0 0 Mark Du Mas 2730 Cumberland Boulevard Smyrna GA 30080 President 40.00 980000 0 0 Kevin Kirby 2730 Cumberland Boulevard Smyrna GA 30080 Secretary 1.00 0 0 0 Renee Sandell 1014 Chesterfield Place Marietta GA 30064 Vice-President 40.00 352707 0 0 Lori T Bobier 1086 Woodcroft Chase Marietta GA 30064 Director of Assets 40.00 149750 0 0 Michael J Bauer 3454 Barnwood Place Powder Springs GA 30127 Development Director 40.00 143792 0 0 0 Soho Housing Partners LLC 1408 N Westshore Blvd Ste 804 Tampa FL 33607 Development consulting 600250 I5 Consulting LLC 415 16th Avenue East Seattle WA 98112 Development consulting 80000 0 The organization sponsors the development and operation of affordable housing for low-income individuals in order to meet the housing needs of the low income residents 3137773 The organization sponsors the development and operation of affordable housing for low income individuals in order to meet the housing needs of the low income residents. During the year the organization sponsored construction and operations of the affordable apartment facilities. 786216 786216 5461581 2479374 0 7940955 0 0 7940955 119114 7821841 391092 391092 4243 4243 386849 0 386849 0 386849 1663151 786216 2449367 386849 0 0 162448 2117662 1190811 248298 5049171 8768390 2449367 0 0 0 386849 2062518 0 0 10830908 0 0 0 0 0 0 162448 10668460 2117662 1190811 248298 5049171 2062518 X Mark Du Mas 2730 Cumberland Boulevard Smyrna GA 30080 7704319696 mark@pacesfoundation.org N/A N/A N/A Food for Kids at Cooper Green 3617 Hickory Avenue SW Birmingham AL 35221 PC Humanitarian Aid and Support 500 Feller Park Neighborhood Association 3663 Lake Estates Way Atlanta GA 30349 pc Humanitarian Aid and Support 2000 Rome Children's Academy 141 E 14th Street SE Rome GA 30161 pc Humanitarian Aid and Support 1500 4000 0 Affordable Hsg Development 531390 4393933 Affordable Hsg Operation 531110 5528768 14 52746 14 252535 Income from Partnerships 531390 77157 0 305281 9999858 10305139 1A The foundation's tax exempt purpose is to further the development and operation of affordable housing for low-income individuals. The organization has sponsored the development and construction of several projects. The foundation oversees the operation of these projects and provides certain supportive services to the residents of the facilities. The foundation has received funds from each of these projects developments to cover its expenses and to provide certain Services. 1B The foundation's tax exempt purpose is to further the development and operation of affordable housing for low-income individuals. The organization has developed and constructed a 50 unit multi-family Apartment project for low-income families known as Gateway Townhomes. The foundation operates the property and provides certain supportive services to the residents of the facility. 0 0 0 0 0 0 0 0 0 0 X X 1 Federal Home Loan Bank AHP Grants 1475 Peachtree Street NE Atlanta GA 30309 223099 X Bookkeeping & Accounting 28705 0 28705 0 Merrill Lynch Brokerage Account 5565525 5565525 Investment in Affordable Housing Entities AT COST 5637014 5637014 Land Held for Development AT COST 1206072 1206072 Legal & Professional 43273 0 43273 0 62247446 Ameris Bank 2368717 2022-10 2025-09 Cumberland Prkwy Site Florida Housing Finance Corp 5482633 2036-08 Gateway Townhomes GATEWAY TOWNHOMES DEVELOPMENT COSTS Ameris Bank 1067119 2035-08 Gateway Townhomes GATEWAY TOWNHOMES DEVELOPMENT COSTS Gulf County FL 0 2036-10 Gateway Townhomes GATEWAY TOWNHOMES DEVELOPMENT COSTS RedStonePublic Finance Authority 44025000 2058-12 St. Mary's Villas ST. MARY'S VILLAS DEVELOPMENT COSTS HVPG Lender 6676783 2025-01 St/ Mary's Villas ST. MARY'S VILLAS DEVELOPMENT COSTS Low Income Investment Fund 839694 2022-07 2023-07 Roof Street Development LAND ACQUISITION FOR DEVELOPOMENT Low Income Investment Fund 541701 2022-07 2024-07 Roof Street Development AFFORDABLE HOUSING BRIDGE LOAN Ameris Bank 1787500 Deferred Loan Costs 1042866 946732 946732 Receivables from Affiliates 3612215 3835472 3835472 Development Fee Receivables 2007640 2007640 2007640 Advances to Affiliates 6234701 11090218 11090218 Development Costs 786216 0 0 786216 Operating Costs - Gateway 307672 0 0 307672 Operating Costs - St Mary 2164164 0 1598901 565263 Meals & Entertainment 23720 0 23720 0 Telephone 6529 0 6529 0 Office Expense 32936 0 32936 0 Education & Seminars 5679 0 5679 0 Utilities 23027 0 23027 0 Repairs & Maintenance 10879 0 10879 0 Postage & Delivery 5217 0 5217 0 Health Insurance 62042 0 62042 0 Other Insurance 39440 0 39440 0 Dues & SUbscriptions 19674 0 19674 0 Auto Expenses 9974 0 9974 0 Marketing & Promotions 5598 0 5598 0 Computer Maintenance 32476 0 32476 0 Bank Charges 41433 0 41433 0 Affordable Hsg Development 4393933 4393933 Affordable Hsg Operation 5528768 5528768 Income from Partnerships 77157 77157 Tenant Security Deposits 112408 124064 Accrued Interest 2178377 3913399 Other Liabilities 0 318364 Payroll Taxes 115300 0 115300 0 Other Taxes 42143 0 42143 0