2023-11-15T14:19:17-05:00 2022-12-31 205788602 GLASER AND COMPANY LLC 1859 SUMMERVILLE AVE STE 800 CHARLESTON SC 29405 990 2022-01-01 570951975 SANTEE LYNCHES AFFORDABLE HOUSING A COMMUNITY DEVELOPMENT CORP INC SANT 8034260020 255 BROAD STREET SUMTER SC 29150 KAREN SMITH CURRENT PRESIDENT 8034260020 2023-11-15 true KAREN SMITH XXX-XX-XXXX false ERIK M GLASER CPA P00724565 8438490179 2023-11-15 2022 2023-04-26 12:10:37Z LUIS RODRIGUEZ - RETIRED 255 BROAD STREET SUMTER SC 29150 3624639 false X WWW.SLCDC.NET X 1992 SC TO ENHANCE COMMUNITIES BY PROVIDING QUALITY, SAFE, DECENT AND AFFORDABLE HOUSING AND OTHER FORMS OF ECONOMIC OPPORTUNITY THAT BENEFIT LOW INCOME INDIVIDUALS IN OUR 15 COUNTY SERVICE AREA. 6 6 23 6 0 331769 179013 3188685 3286167 103 56784 77834 52302 3598391 3574266 73800 0 0 565403 642868 0 15688 2969938 3248847 3609141 3891715 -10750 -317449 22034704 21440335 7486943 7210023 14547761 14230312 X TO ENHANCE COMMUNITIES BY PROVIDING QUALITY, SAFE, DECENT AND AFFORDABLE HOUSING AND OTHER FORMS OF ECONOMIC OPPORTUNITY THAT BENEFIT LOW INCOME INDIVIDUALS IN OUR 15 COUNTY SERVICE AREA. false false 3704340 3342595 THE CDC IS A PRIVATE, INDEPENDENT. COMMUNITY BASED, NOT-FOR-PROFIT WITH A 15 COUNTY SERVICE AREA. SANTEE LYNCHES HAS AN IRS 501(C)3 DESIGNATION AND IS A RECOGNIZED STATE AND LOCAL CHDO. THE FOCUS OF THE ORGANIZATION IS RENEWABLE ENERGY AND INNOVATIVE HOUSING DEVELOPMENT THAT MOVE FAMILES TOWARD HOMEOWNWERSHIP. RENTAL PROGRAM SANTEE-LYNCHES RENTS QUALITY, SAFE, DECENT AND AFFORDABLE APARTMENTS AND HOUSES TO ELIGIBLE LOW TO MODERATE INCOME HOUSEHOLDS. TO BE ELIGIBLE, HOUSEHOLDS MUST FALL WITHIN THE INCOME GUIDELINES ESTABLISHED BY HUD PER HOUSEHOLD SIZE. CONTINUED AT SCHEDULE O 3704340 true true false false false false false false false false true false false true true false false 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 true 12 0 23 false false false false false false false false false X 6 6 false false false false false false false true true false false false true true true true true true false false SC X X KAREN SMITH 8034360020 255 BROAD STREET SUMTER SC 29150 X PAUL ROBBINS CHAIRPERSON 1.00 X X 0 0 0 SHIRLEY KEELS SECRETARY/TR 1.00 X X 0 0 0 JOHN CLINTON VICE CHAIRPE 1.00 X X 0 0 0 ELIJAH DINKINS BOARD MEMBER 1.00 X 0 0 0 YVETTE THOMAS BOARD MEMBER 1.00 X 0 0 0 EMANUEL SIMON BOARD MEMBER 1.00 X 0 0 0 LUIS RODRIGUEZ - RETIRED PRESIDENT 40.00 X 0 0 0 KAREN SMITH CURRENT PRES 40.00 X 0 0 0 false false false 179013 179013 RENTAL FEES 531110 3281042 3281042 DEVELOPER AND MANAGEMENT FEES 531110 5125 5125 3286167 356 356 106801 50373 56428 56428 56428 OTHER INCOME 900099 52302 52302 52302 3574266 3342595 52658 466326 419693 35674 10959 114257 16572 97253 432 25329 22796 1938 595 36956 33260 2827 869 13300 13300 119009 107108 9521 2380 5412 5412 3915 3915 215672 214304 1368 660486 659716 616 154 178866 174434 4432 RENTAL UNITS EXPENSES 2041127 2041127 MISCELLANEOUS 11060 9918 843 299 3891715 3704340 171687 15688 1298877 1356712 26100 17091 27248243 9759202 18133086 17489041 2576641 2577491 22034704 21440335 19924 10790 6963868 6560385 503151 638848 7486943 7210023 X 12146547 11829098 2401214 2401214 14547761 14230312 22034704 21440335 X -317449 X false true X true false X 257420 371682 469887 331769 179013 1609771 1939110 1475077 7550652 3188685 3286167 17439691 2196530 1846759 8020539 3520454 3465180 19049462 19049462 390 192 150 103 356 1191 390 192 150 103 356 1191 12992 76834 51302 141128 2196920 1846951 8033681 3597391 3516838 19191781 0.99260 0.99490 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27248243 9759202 17489041 17489041 NEIGHBORHOOD STABILIZATION PROGRAM P 2402064 INVESTMENT IN REAL ESTATE HELD 175427 2577491 SECURITY DEPOSITS 357405 LONG-TERM RETIREMENT 281443 638848 FORM 990, PART III THIS INCOME LEVEL IS SUBJECT TO CHANGE EACH YEAR. RENTAL UNITS ARE LOCATED IN OR NEAR TO CHERAW, CONWAY, DILLON AND UNION, SOUTH CAROLINA. ALL RENTAL UNITS ARE LEASED FOR LESS THAN MARKET RENTS AND REQUIRE A 600 SECURITY DEPOSIT. CRIMINAL, CREDIT AND PREVIOUS LANDLORD BACKGROUND CHECKS WILL BE CONDUCTED AND MUST BE SATISFACTORY EVALUATED AND ACCEPTABLE. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND THEN PROVIDED TO THE BOARD OF DIRECTORS FOR A COMMENT PERIOD. UPON COMPLETION OF THIS COMMENT PERIOD AND ADDRESSING ANY QUESTIONS, THE FORM 990 IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C BOARD REVIEWS POLICIES ON AN ANNUAL BASIS AT IT'S ANNUAL BOARD MEETING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTOR'S APPROVES THE EXECUTIVE DIRECTOR'S SALARY ON AN ANNUAL BASIS. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN INVESTMENT IN APARTMENTS 0