Nonprofit · EIN 57-0545801
JOSEPH PAUL APARTMENTS INC
Tax-exempt · LEXINGTON, SC 29071
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $896,293 | $476,900 | $419,393 | $929,190 | $376,967 | $552,223 |
| September 30, 2024 | 990 | $488,886 | $531,442 | -$42,556 | $766,927 | $634,097 | $132,830 |
| September 30, 2023 | 990 | $491,921 | $402,392 | $89,529 | $565,417 | $390,031 | $175,386 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $443,038
- of which government grants
- $443,038
- Program service revenue
- $179,847
- Investment income
- $4,713
- Other revenue
- $268,695
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $7,833
- Accounting fees
- $7,540
- Occupancy
- $36,507
- Program services (functional)
- $442,432
- Management and general (functional)
- $34,468
Balance sheet and other
- Total assets, start of year
- $766,927
- Total assets, end of year
- $929,190
- Total liabilities, end of year
- $376,967
- Net assets, end of year
- $552,223
- Land, buildings and equipment
- $357,407
- Net assets without donor restrictions
- $552,223
- Gross receipts
- $896,293
- Employees
- 0
- Year formed
- 1970
- State of legal domicile
- SC
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CYNTHIA ALSTON-BELL | BOARD MEMBER Trustee or director | 1 | $0 |
| RADIA BAXTER | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID BENNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| HENRY DARBY | BOARD MEMBER Trustee or director | 1 | $0 |
| ROBERT GLASSPEIGEL | BOARD MEMBER Trustee or director | 1 | $0 |
| LAMAR HOLT | PROPERTY OAS Trustee or director, Officer | 1 | $0 |
| DEON JACKSON | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER LORRIS | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| LU REAMES | BOARD CHAIR Trustee or director, Officer | 1 | $0 |
| ERIK ROCHE | FINANCE CHAI Trustee or director, Officer | 1 | $0 |
| TUFFUS ZIMBABWE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER LORRIS | DIRECTOR Trustee or director | 1 | $0 |
| LAMAR HOLT | FINANCE Officer | 1 | $0 |
| LU REAMES | CHAIRMAN Officer | 1 | $0 |
990 for the year ended September 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| PETER LORRIS | DIRECTOR Trustee or director | 1 | $0 |
| GLENN ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
| LAMAR HOLT | FINANCE Officer | 1 | $0 |
| LU REAMER | CHAIRMAN Officer | 1 | $0 |
| CASDELL SINGLETON | VICE CHAIRMA Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 459, LEXINGTON, SC 29071-0459
- In care of
- % SOUTHERN DEVELOPMENT MGMT CO
- Principal officer (990 for 2024)
- LU REAMES, 1403 JARET COURT, WEST COLUMBIA, SC 29169
- Signed the 990
- LU REAMES, BOARD CHAIR
- Phone
- (803) 808-3966
- Return prepared by
- SHEHEEN HANCOCK & GODWIN LLP
Mission
PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES.
Program accomplishments
- THE ORGANIZATION OWNS AND OPERATES A 44 UNIT APARTMENT COMPLEX LOCATED IN CHARLESTON, SC. THE COMPLEX WAS FINANCED UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.Expenses $442,432 · revenue $453,255
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 57-0545801
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $929,190
- Income (IRS master file)
- $896,293
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $896,293 | $476,900 | $929,190 | XML |
| 990 | September 2024 | $488,886 | $531,442 | $766,927 | XML |
| 990 | September 2023 | $491,921 | $402,392 | $565,417 | XML |
| 990 | September 2022 | $466,831 | $454,990 | $510,943 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 57-0545801).
Questions about JOSEPH PAUL APARTMENTS INC
- What is the EIN of JOSEPH PAUL APARTMENTS INC?
- The employer identification number (EIN) of JOSEPH PAUL APARTMENTS INC is 57-0545801.
- Is JOSEPH PAUL APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1989.
- Are donations to JOSEPH PAUL APARTMENTS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does JOSEPH PAUL APARTMENTS 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 JOSEPH PAUL APARTMENTS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JOSEPH PAUL APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of JOSEPH PAUL APARTMENTS INC?
- The 990 for the year ended September 30, 2025 names LU REAMES.
- Who are the officers and directors of JOSEPH PAUL APARTMENTS INC?
- The 990 for the year ended September 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does JOSEPH PAUL APARTMENTS INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $896,293, expenses of $476,900 and total assets of $929,190 at year end.
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