2026-06-04T17:38:12-04:00 2025-12-31 571021392 SCOTT AND COMPANY LLC PO BOX 8388 COLUMBIA SC 292028388 990 2025-01-01 570715439 DISTRICT ELDERLY HOUSING DEVELOPMENT CORPORATION DIST 8038083966 1403 JARET COURT WEST COLUMBIA SC 29169 HAROLD MURRAY JR PRESIDENT 8038083966 2026-05-26 true WILLIAM T POUNCEY P00309267 8032566021 2026-05-26 2025 2025-03-06 01:10:19Z HAROLD MURRAY JR 1403 JARET COURT WEST COLUMBIA SC 29169 590348 false X N/A X 1981 SC SEE SCHEDULE O 8 8 0 0 342208 349621 229755 234170 10774 6557 0 582737 590348 0 0 0 0 0 531602 490939 531602 490939 51135 99409 1079312 927930 858532 607741 220780 320189 X TO PROVIDE FOR LOWER INCOME ELDERLY OR HANDICAPPED FAMILIES AND PERSONS ON A NON-PROFIT BELOW COST BASIS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED OR HANDICAPPED, AND CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. false false 434608 234170 OWNERSHIP AND OPERATION OF ASBURY ARMS, A MULTIFAMLIY APARTMENT COMPLEX LOCATED IN WEST COLUMBIA, SOUTH CAROLINA, UNDER SECTION 202 AND SECTION 8 OF THE NATIONAL HOUSING ACT. 434608 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 16 0 0 false false false false false false false false false false false false X 8 8 false true false false false false false true true false false false false false false false false false SC X X SOUTHERN DEVELOPMENT MANAGEMENT COMPANY INC 8038083966 1403 JARET COURT WEST COLUMBIA SC 29169 X HAROLD MURRAY JR PRESIDENT 0.50 X 0 0 0 DAVID BUSBY VICE PRESIDE 0.50 X 0 0 0 JANE ALLEN SECRETARY 0.50 X 0 0 0 IDA ENGLISH TREASURER 0.50 X 0 0 0 DANIEL DAVIS DIRECTOR 0.50 X 0 0 0 CHRIS GUNNELS DIRECTOR 0.50 X 0 0 0 VERNIE WILLIAMS DIRECTOR 0.50 X 0 0 0 WILBUR CAVE DIRECTOR 0.50 X 0 0 0 false false false 349621 349621 RENTAL INCOME 531110 232616 232616 MISCELLANEOUS 531110 1129 1129 TENANT CHARGES 531110 425 425 234170 6557 6557 590348 234170 6557 178076 130940 47136 615 615 8410 8410 2070 2070 18301 18301 222682 222682 583 583 38095 38095 2966 2966 MISCELLANEOUS 19141 18356 785 490939 434608 56331 0 145144 122675 513763 390972 2851 30719 21141 26289 2055535 1780420 313210 275115 83203 82160 1079312 927930 18849 21356 3404 1247 816714 566591 19565 18547 858532 607741 X 220780 320189 220780 320189 1079312 927930 99409 X X false true X true false X 342679 348483 350831 342208 349621 1733822 185464 189366 202197 229755 234170 1040952 528143 537849 553028 571963 583791 2774774 2774774 163 1753 8117 10774 6557 27364 163 1753 8117 10774 6557 27364 528306 539602 561145 582737 590348 2802138 0.99020 0.99230 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 190526 190526 1674129 1638450 35679 62981 62981 127899 78989 48910 275115 REPLACEMENT RESERVE 63613 TENANT SECURITY DEPOSITS 18547 82160 TENANT SECURITY DEPOSITS 18547 18547 X 590348 590348 590348 490939 490939 490939 SCHEDULE D, PAGE 3, PART X NEITHER THE ORGANIZATION NOR THE PROJECT ARE SUBJECT TO INCOME TAXES. THE ORGANIZATION IS EXEMPT FROM FEDERAL 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 PROVISION FOR FEDERAL AND STATE INCOME TAXES IS 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 - ORGANIZATION'S MISSION TO PROVIDE FOR LOWER INCOME ELDERLY OR HANDICAPPED FAMILIES AND PERSONS ON A NON-PROFIT BELOW COST BASIS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED OR HANDICAPPED, AND CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. FORM 990, PART III LINE 1 - TO PROVIDE FOR LOWER INCOME ELDERLY OR HANDICAPPED FAMILIES AND PERSONS ON A NON-PROFIT BELOW COST BASIS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE AGED OR HANDICAPPED, AND CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. FORM 990, PAGE 6, PART VI, LINE 3 ALL MANAGEMENT AND ACCOUNTING FUNCTIONS FORM 990, PAGE 6, PART VI, LINE 11B AN OFFICER OR DIRECTOR 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 THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR.