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Nonprofit · EIN 56-2015741

LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC

Tax-exempt · CHARLESTON, SC 29416

Financials

$135K$94K2023
Revenue Expenses · by fiscal year end
Financials of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$135,400$94,309$41,091$919,963$405,120$514,843
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$135,400
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$82,529
Management and general (functional)
$11,780

Balance sheet and other

Total assets, start of year
$925,846
Total assets, end of year
$919,963
Total liabilities, end of year
$405,120
Net assets, end of year
$514,843
Gross receipts
$135,400
Employees
0
Year formed
1997

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2023, highest compensation first.

NameTitleHours / weekCompensation
GEORGIE KELLYDIRECTOR
Trustee or director
–$0
WILLIAM DUDLEY GREGORIEVICE PRESIDE
Officer
–$0
MONTEZ C MARTINPRESIDENT
Officer
–$0
SHARON MIDDLETON MCGREECHAIRMAN
Officer
–$0
RODLEY MILLETTREASURER
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 80326, CHARLESTON, SC 29416-0326
Principal officer (990 for 2023)
MONTEZ C MARTIN, PO BOX 80326, CHARLESTON, SC 29403
Signed the 990
MONTEZ C MARTIN, PRESIDENT
Phone
(843) 628-4123
Return prepared by
BARBARA A HUGHES LLC

Mission

THE ORGANIZATION'S MISSION IS TO DEVELOP, FINANCE, AND MANAGE AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENST OF COASTAL SOUTH CAROLINA; AND, TO PROVIDE COMMUNITY SERVICES TO LOW INCOME INDIVIDUALS AND FAMILITIES OF THE SAME AREA.

990 for the year ended December 31, 2023

Program accomplishments

  • HOUSING FOR LOW AND MODERATE INCOME FAMILIES
  • PROVIDING ASSISTANCES FOR LOW AND MODERATE INCOME FAMILIES
    Expenses $82,529

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
56-2015741
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$919,963
Income (IRS master file)
$135,400

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$135,400$94,309$919,963XML
990December 2022$127,421$108,597$925,846IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-2015741).

Questions about LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC

What is the EIN of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC?
The employer identification number (EIN) of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC is 56-2015741.
Is LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990 for the year ended December 31, 2023 names MONTEZ C MARTIN.
Who are the officers and directors of LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC?
The 990 for the year ended December 31, 2023 lists 5 people; 0 received compensation from the organization.
How much revenue does LOWCOUNTRY HOUSING AND ECONOMIC DEVELOPMENT FOUNDATION INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $135,400, expenses of $94,309 and total assets of $919,963 at year end.

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