2025-10-27T08:52:42-05:00 2024-12-31 351356555 DONOVAN PC 5151 E US HWY 36 AVON IN 46123 990 2024-01-01 611352670 SOCAYR INC SOCA 5026389600 1244 S FOURTH STREET LOUISVILLE KY 40203 TRAVIS YATES PRESIDENT 5026389600 2025-10-27 1 0 ABIGAIL HEDGES CPA P02058156 3177456411 2025-10-27 2024 2025-03-06 01:10:19Z TRAVIS YATES 1244 S FOURTH STREET LOUISVILLE KY 40203 11596144 0 X N/A X 2001 KY THE ORGANIZATION HAS BEEN ESTABLISHED TO FOSTER THE EMPOWERMENT OF AFFORDABLE HOUSING. 7 7 0 7 0 0 956368 2180829 4958115 8989478 126751 174165 174940 142891 6216174 11487363 0 0 0 0 1533375 1686195 0 0 0 5029865 7009022 6563240 8695217 -347066 2792146 41007799 47177330 24185886 27563271 16821913 19614059 THE ORGANIZATION HAS BEEN ESTABLISHED TO FOSTER THE EMPOWERMENT OF AFFORDABLE HOUSING. 0 0 8408164 9132369 THE ORGANIZATION HAS BEEN ESTABLISHED TO FOSTER THE EMPOWERMENT OF AFFORDABLE HOUSING. 8408164 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 0 0 0 1 50 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 KY X THE ORGANIZATION 5026389600 1244 S FOURTH STREET LOUISVILLE KY 40203 X TRAVIS YATES PRESIDENT 5.00 X X 0 0 0 BRANDIE BRYAN-FRANKFORTHER TREASURER 1.00 X X 0 0 0 CHRISTOPHER REDMON SECRETARY 1.00 X X 0 0 0 JILLIAN IRLE DIRECTOR 1.00 X 0 0 0 NATALIE HARRIS DIRECTOR 1.00 X 0 0 0 DR NATH'L MOORE DIRECTOR 1.00 X 0 0 0 ROBERT VICE JR DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 BEACON PROPERTY MANAGEMENT 1244 S 4TH ST 1 LOUISVILLE KY 40203 PROPERTY MANAGEMENT, PAYROLL SERVICES AN 2039485 WORK ARCHITECTURE & DESIGN 1122 ROGERS ST LOUISVILLE KY 40204 ARCHITECTURE 569392 Y FACTOR STUDIO LLC 207 MAIN STREET EVANSVILLE IN 47708 INTERIOR DESIGN 174946 RCF CONSTRUCTION 3700 CHATEAU LN LOUISVILLE KY 40219 CONSTRUCTION 110405 4 1080829 1100000 1100000 2180829 DEVELOPER FEE REVENUE 531110 5425475 5425475 RENTAL INCOME 531110 3564003 3564003 8989478 63411 63411 219535 108781 110754 110754 110754 INSURANCE 900099 120167 120167 MISCELLANEOUS REVENUE 531110 22724 22724 142891 11487363 9132369 0 174165 X 1459211 1459211 137838 137838 15989 15989 73157 73157 287053 287053 78683 78683 42499 42499 2479133 2479133 57768 57768 629544 629544 1672727 1672727 16742 16742 23591 23591 478886 478886 825246 825246 333166 333166 BAD DEBT 83984 83984 8695217 8408164 287053 0 853636 1590499 83195 114924 24313648 29142828 220146 245238 21577293 7091576 14197748 14485717 1339426 1598124 41007799 47177330 691949 649735 61650 49978 10133926 11526268 13298361 15337290 24185886 27563271 X 16821913 19614059 16821913 19614059 41007799 47177330 2792146 0 X X 0 1 X 1 0 X 817275 892490 889853 956368 2180829 5736815 817275 892490 889853 956368 2180829 5736815 962023 4774792 18430 102107 22649 58568 63411 265165 558183 80890 55366 59522 142891 896852 6898832 33937614 0.69210 0.80340 X 0.96840 0.00660 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3463707 3463707 17781629 6961613 10820016 331957 129963 201994 14485717 SECURITY DEPOSITS 204814 DEVELOPER FEE PAYABLE 13112590 ACCRUED WAGES PAYABLE 708997 DEFERRED LEASE REVENUE 1310889 15337290 X 11487363 0 11487363 0 11487363 8695217 0 8695217 0 8695217 PART X, LINE 2: SOCAYR IS EXEMPT FROM FEDERAL AND STATE INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THESE FINANCIAL STATEMENTS. SOCAYR IS CLASSIFIED AS AN ENTITY THAT IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) AND QUALIFIED FOR DEDUCTIBLE CONTRIBUTIONS AS PROVIDED IN SECTION 170(B)(1)(A)(VI). GENERALLY ACCEPTED ACCOUNTING PRINCIPLES IN THE UNITED STATES REQUIRE SOCAYR TO EXAMINE ITS TAX POSITIONS FOR UNCERTAIN POSITIONS. SOCAYR IS NOT AWARE OF ANY TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO CHANGE IN THE NEXT 12 MONTHS, OR THAT WOULD NOT SUSTAIN AN EXAMINATION BY APPLICABLE TAXING AUTHORITIES. SOCAYR'S POLICY IS TO RECOGNIZE PENALTIES AND INTEREST AS INCURRED IN ITS STATEMENT OF ACTIVITIES AS A COMPONENT OF OPERATING EXPENSES, WHICH TOTALS $0 AS DECEMBER 31, 2024 AND 2023. SOCAYR'S FEDERAL AND STATE INFORMATIONAL RETURNS ARE SUBJECT TO EXAMINATION BY THE APPLICABLE TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE LATER OF THE ORIGINAL OR EXTENDED DUE DATE. X 1 1100000 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 PRESIDENT TRAVIS YATES, TREASURER BRANDIE BRYAN-FRANKFORTHER AND SECRETARY CHRISTOPHER REDMON ARE EMPLOYED BY BEACON PROPERTIES, LLC. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO BOARD COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11B THE TAX RETURN IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12 A DIRECTOR'S PROFESSIONAL FIRM OR BUSINESS MAY BE INVOLVED IN TRANSACTIONS WITH THE CORPORATION PROVIDED THAT THE BOARD OF DIRECTORS CONSIDERS SUCH TRANSACTIONS IN COMPLIANCE WITH TEH CONFLICT OF INTEREST POLICY ADOPTED BY THE CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL REQUIRED DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 28,633. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,633. DEVELOPMENT: PROGRAM SERVICE EXPENSES 2,450,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,450,500. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S BOARD OF DIRECTORS ASSUMES THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE SELECTION AND REVIEW PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. ELLIOTT PARK APARTMENTS LTD 1355 BARDSTOWN RAOD 144 LOUISVILLE KY 40204 200085610 LOW INCOME HOUSING KY RELATED 0 0 HIDDEN ACRES SUBDIVISION LTD 1730 HWY 834 W MONTICELLO KY 42633 201433928 LOW INCOME HOUSING KY RELATED 0 0 CRUMS LANE PARTNERS LTD 1244 S 4TH STREET LOUISVILLE KY 40203 200725713 LOW INCOME HOUSING KY RELATED 0 0 0.00010 LHD VILLAGE MANOR LLC 1244 S 4TH STREET LOUISVILLE KY 40203 201255511 LOW INCOME HOUSING KY RELATED 2764 -100042 0 0 0.50000 VILLAGE MANOR PARTNERS LTD 1244 S 4TH STREET LOUISVILLE KY 40202 202192103 LOW INCOME HOUSING KY SOCAYR INC RELATED 551185 801380 0 0 0.98660 HILLEBRAND GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 461479798 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY S -78427 -318235 0.21000 0 JACKSON GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 812099651 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY S -18 -166 0.21000 0 ROOSEVELT GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 471870584 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY S -35 -289 0.21000 0 SOCAYR GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 823646772 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -25 -201 0.07900 0 PRINCE HALL GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 812189577 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -6 -44 0.00210 0 CADIZ SENIOR GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 844019128 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -592 -739 0.02100 0 LINDA'S PLACE GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 850498448 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -21 -341 0.00010 0 THPI YORK TOWERS LLLP 1244 S 4TH STREET LOUISVILLE KY 40203 825198270 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -6 -22 0.02100 0 PURITAN GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 831608947 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -75 -737 0.00500 0 LITTLE RIVER LANDINGS GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 871920009 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -156 2293 0.00100 0 NICHOLAS LANDING GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 873571203 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C -309 -2242 0.00100 0 BROOKHOLLOW GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 920627831 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C 48 48 0.00100 0 COMMONWEALTH COURT GP LLC 1244 S 4TH STREET LOUISVILLE KY 40203 994807994 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C 0.00100 0 EMERY FLATS (EVELYN JUNE) 1244 S 4TH STREET LOUISVILLE KY 40203 994892827 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS KY C 0.00100 0 ROCK SPRINGS SENIOR APARTMENTS LP 1244 S 4TH STREET LOUISVILLE KY 40203 923385752 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS TN C 0.00100 0 DICKSON SOCAYR LP 1244 S 4TH STREET LOUISVILLE KY 40203 933997829 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS TN C 0.00100 0 WALKER GP SOCAYR LLC 1244 S 4TH STREET LOUISVILLE KY 40203 833144634 SHAREHOLDER IN ENT. OWNS/OPERATES UNITS FOR LOW INCOME AND HANDICAP TENANTS TN C -6 -29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0