2023-05-09T05:50:07-07:00 2022-12-31 570957419 The Hobbs Group PA 1704 Laurel Street Columbia SC 29201 990EZ 2022-01-01 571010303 GAULT GROVE APARTMENTS INC GAUL 8037861844 1408 GREGG STREET COLUMBIA SC 29201 SUSAN O'NEAL Treasurer 2023-05-08 true SUSAN ONEAL 999009999 true Will Stevens CPA P01208094 8037990555 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X N/A X X 145995 X 85154 58192 21 0 0 0 0 2628 145995 23307 56298 33001 45502 158108 -12113 -668588 -680701 X 5718 16098 356522 335464 60029 54663 422269 406225 1090857 1086926 -668588 -680701 GAULT GROVE APARTMENTS, INC., HUD PROJECT NO. 054-HUD046-CMI (THE PROJECT), WAS ESTABLISHED AS A NON-PROFIT CORPORATION PURSUANT TO THE LAWS AND REGULATIONS OF THE STATE OF SOUTH CAROLINA FOR THE PURPOSE OF CONSTRUCTING, OWNING AND OPERATING A 20-UNIT APARTMENT PROJECT FOR LOW-INCOME INDIVIDUALS WITH DISABILITIES LOCATED IN CAYCE, SOUTH CAROLINA. THE PROJECT IS OPERATED UNDER SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO HAS A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. THE PROJECT IS OPERATED BY MENTAL ILLNESS RECOVERY CENTER, INC. (MIRCI), A NON-PROFIT CORPORATION THAT PROVIDES SOCIAL REHABILITATION FOR INDIVIDUALS IN THE COLUMBIA AREA WHO HAVE MENTAL ILLNESS AND/OR EMOTIONAL PROBLEMS AND IS RELATED BY COMMON CONTROL AND MANAGEMENT. TO PROVIDE HOUSING AND RELATED SERVICES TO LOW INCOME INDIVIDUALS WITH MENTAL DISABILITIES. 149496 149496 DR DEBRA HAMM Chair 1.00 0 SHAYLA MERRITT Vice Chair 1.00 0 DR TOSIN ADELAKUN BOARD MEMBER 1.00 0 MARY WINTER TEASTER BOARD MEMBER 1.00 0 ANGELA BALL BOARD MEMBER 1.00 0 ELAINE DELK BOARD MEMBER 1.00 0 DR LUCY EASLER BOARD MEMBER 1.00 0 MIKE KELLY BOARD MEMBER 1.00 0 MELANIE MATTHEWS BOARD MEMBER 1.00 0 JULIE ANN AVIN PRESIDENT-MIRCI 1.00 0 SUSAN O'NEAL TREASURER 1.00 0 JULIE PLANE Secretary 1.00 0 WOODY MOORE BOARD MEMBER 1.00 0 TED PITTS BOARD MEMBER 1.00 0 BRAD SHELL BOARD MEMBER 1.00 0 SHANNON TALLENT BOARD MEMBER 1.00 0 false false false false false false false 0 0 0 false 0 0 false JULIE ANN AVIN 1408 GREGG STREET COLUMBIA SC 29201 8037861844 false false false false false false false false false false false NONE NONE true X 49116 51662 59003 75939 85154 320874 0 0 49116 51662 59003 75939 85154 320874 0 320874 16 19 25 17 21 98 0 396 1269 245 100 2628 4638 325610 284982 0.98550 0.98020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Melanie Matthews Board Member 4815 Exterminating Services false Other Revenue.1 Tenant Charges $2628 Other Expenses.1002 Office Expenses $411 Other Expenses.1007 Conferences, Conventions, and Meetings $364 Other Expenses.1009 Depreciation $28293 Other Expenses.1012 Insurance $9269 Other Expenses.1 Miscellaneous $4799 Other Expenses.2 Bad Debt $2366 Other Assets.1002 Furniture and Fixtures - Beginning $19883 Furniture and Fixtures - Ending $16705 Other Assets.1011 Prepaid Expenses and Deferred Charges - Beginning $0 Prepaid Expenses and Deferred Charges - Ending $89 Other Assets.2 Accounts Receivable - Beginning $825 Accounts Receivable - Ending $948 Other Assets.3 Restricted Deposits - Beginning $39321 Restricted Deposits - Ending $36920 Other Assets.4 Rounding - Beginning $0 Rounding - Ending $1 Total Liabilities.1001 Accounts Payable and Accrued Expenses - Beginning $135814 Accounts Payable and Accrued Expenses - Ending $131850 Total Liabilities.1003 Deferred Revenue - Beginning $239 Deferred Revenue - Ending $9 Total Liabilities.1 Tenant security deposits - Beginning $3309 Tenant security deposits - Ending $3572 Total Liabilities.2 Capital Advance - Beginning $951495 Capital Advance - Ending $951495