2024-11-15T13:23:00-06:00 2023-12-31 582487348 Aprio Advisory Group LLC 2002 Summit Boulevard Suite 120 Atlanta GA 30319 990 2023-01-01 260823326 Beverly J Searles Foundation BEVE 6784676861 5030 Nesbit Ferry Lane Sandy Springs GA 30350 Philip Searles President 6784676861 2024-11-13 1 1 Stacy Cullen P00974308 4048929651 2024-11-13 2023 2024-10-15 13:58:12Z Philip Searles 5030 Nesbit Ferry Lane Sandy Springs GA 30350 2260017 0 X N/A X 2007 GA The organization has been formed to provide housing and support services for the elderly and disabled person and those with lower incomes. 10 9 12 9 0 0 17000 0 1445903 2260017 -2252209 0 0 0 -789306 2260017 5710 0 0 0 909262 893888 0 0 0 1570251 1418819 2485223 2312707 -3274529 -52690 12697372 13219038 19555 206298 12677817 13012740 The organization's primary mission is to provide quality safe affordable housing and support services for eligible low-income seniors and disabled persons. 0 0 231400 521365 The organization provides services to low-income seniors including food services. 1573292 1738652 The organization sponsors the development and operations of affordable housing communities for low income elderly and handicapped persons primarily under the section 42 low-income housing tax credit program. The organization funds certain predevelopment activities and provides oversight during pre-development and construction. 1804692 1 0 0 0 0 0 0 0 0 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 0 0 0 0 1 33 0 1 12 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 9 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 GA X Philip Searles 6784676861 5030 Nesbit Ferry Lane Sandy Springs GA 30350 Philip E Searles President 40.00 X X 148967 0 0 G Malcolm Kilpatrick Chairman & Director 5.00 X X 0 0 0 David S Searles Jr Treasurer, Executive Director & Director 10.00 X X 0 0 0 Richard D Searles Director 1.00 X 0 0 0 Patricia Gadson Director 1.00 X 0 0 0 Brian Dickhaus Director 1.00 X 0 0 0 Marion Nurse Director 1.00 X 0 0 0 Donald Russell Director 1.00 X 0 0 0 Charles Sheron Director 1.00 X 0 0 0 Alysse Daniels Director 1.00 X 0 0 0 148967 0 0 1 0 0 0 Five Points Development LLC 510 Stoneglen Chase SW Atlanta GA 30331 Development & Construction Oversight 144000 River North Development 115 Braxton Way Roswell GA 30075 Development & Construction Oversight 122000 2 Development and Consul 531390 1738652 1738652 Resident Services 531310 521365 521365 2260017 2260017 2260017 0 0 148968 74484 74484 590181 354109 236072 95829 55566 40263 58910 34159 24751 23646 23646 4916 4916 25319 25319 13863 13863 Development Costs 1046717 1046717 Job Costs 231400 231400 General & Administrativ 72958 8257 64701 2312707 1804692 508015 0 1224999 331151 239679 160487 132493 1614107 2515768 2521138 8584433 8592155 12697372 13219038 19555 171298 0 35000 19555 206298 X 12677817 13012740 12677817 13012740 12697372 13219038 -52690 334900 52713 0 X X 1 X 0 1 0 X 280 17000 0 17280 3667917 8048067 3861812 1445903 960017 17983716 3668197 8048067 3861812 1462903 960017 18000996 0 0 0 18000996 100656 1092459 1698690 22203 0 2914008 100656 1092459 1698690 22203 2914008 110259 110259 3768853 9140526 5670761 1485106 960017 21025263 0.85620 0.86270 0.13860 0.13230 X 0 Land Held for Development - Wisteria Ph 2 1000000 C Land Held for Development - Blue Ridge 874777 C Land Held for Development - LH Comm 646361 C 2521138 Advances to Affiliates 213321 Advances to New Projects 1662539 Development Fee Receivables 3616977 Note Receivable 3099318 8592155 Due to AEP 35000 35000 Form 990, Part V, Line 13a GA Form 990, Part VI, Section A, line 2 Richard D. Searles, David S. Searles Jr., and Philip E. Searles all share a family relationship. Form 990, Part VI, Section B, line 11b The Executive Director reviews and approves the form 990 prior to its filing. Form 990, Part VI, Section B, line 12c Officers and directors are reminded of this policy at each board meeting and are asked to disclose any potential conflicts of interest for discussion by the board. Form 990, Part VI, Section C, line 19 The documents are available upon request. FORM 990, PART XII LINE 2C: The organization has not changed any processes from prior year. Belmont General One LLC 4182 Westchester Trace Roswell GA 30075 204323127 Affordable Housing GA No Myrtle Terraces General LLC 4182 Westchester Trace Roswell GA 30075 452530289 Affordable Housing GA No Lafayette General One LLC 4182 Westchester Trace Roswell GA 30075 452529517 Affordable Housing GA No BJS Newnan General LLC 4182 Westchester Trace Roswell GA 30075 364786100 Affordable Housing GA No BJS Midway General LLC 4182 Westchester Trace Roswell GA 30075 352531847 Affordable Housing GA No BJS Mableton General LLC 4182 Westchester Trace Roswell GA 30075 320496812 Affordable Housing GA No Oasis Of Vine City General LLC 4182 Westchester Trace Roswell GA 30075 371783032 Affordable Housing GA No BJS Lovejoy General LLC 4182 Westchester Trace Roswell GA 30075 320495866 Affordable Housing GA No BJS Macland General LLC 4182 Westchester Trace Roswell GA 30075 371893486 Affordable Housing GA No BJS Clarkston General LLC 4182 Westchester Trace Roswell GA 30075 320541967 Affordable Housing GA No Searles General Inc 5030 Nesbit Ferry Lane Sandy Springs GA 30350 452584405 Real Estate Developer GA C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0