2024-10-25T11:26:27-05:00 2024-06-30 640903390 GRANTHAM POOLE ET AL PLLC 1062 HIGHLAND COLONY PARKWAY SUITE 201 RIDGELAND MS 39157 990EZ 2023-07-01 640744867 VILLA PACIS INC C/O SOUTHLAND MANAGEMENT CORP VILL 6019486401 P O BOX 1220 JACKSON MS 39205 CAROLYN CALLAHAN SECRETARY/TREASURER 6019486401 2024-10-24 1 0 DICKENS Q FOURNET CPA P00019427 6014992400 2024-10-24 2023 2024-10-15 13:58:12Z X X N/A X X 102265 X 102094 171 102265 7055 7500 35422 41240 91217 11048 -61612 0 -50564 X 1240 1848 96019 88471 36634 32933 133893 123252 195505 173816 -61612 -50564 PROVIDE LOW-INCOME HOUSING LOW INCOME HOUSING PROVIDED THROUGH THE OPERATION OF APARTMENT UNITS TO THE CHRONICALLY MENTALLY ILL UNDER SECTION 202 OF THE NATIONAL HOUSING ACT 0 91217 91217 REV LINCOLN DALL VICE PRESIDENT 1.00 0 0 0 CAROLYN CALLAHAN SEC/TREAS 1.00 0 0 0 MSGR ELVIN SUNDS PRESIDENT 1.00 0 0 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 SOUTHLAND MANAGEMENT CORP 138 E AMITE ST JACKSON MS 39215 6019486401 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 69942 62618 58762 60233 66683 318238 33852 29068 27999 30532 35411 156862 103794 91686 86761 90765 102094 475100 0 0 0 475100 28 27 13 105 171 344 28 27 13 105 171 344 103822 91713 86774 90870 102265 475444 0.99930 0.99960 0.00070 0.00040 X FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE DESCRIPTION: INTEREST INCOME. AMOUNT: 171. TOTAL TO FORM 990-EZ, LINE 14: 35,422. FORM 990-EZ, PART I, LINE 14 DESCRIPTION: DEPRECIATION. AMOUNT: 8,254. DESCRIPTION: OTHER EXPENSES. AMOUNT: 27,168. FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES DESCRIPTION: PROPERTY TAXES. AMOUNT: 5,839. DESCRIPTION: MANAGEMENT FEE. AMOUNT: 8,367. DESCRIPTION: INSURANCE. AMOUNT: 10,593. DESCRIPTION: OFFICE EXPENSE AND BANK CHARGES. AMOUNT: 21. DESCRIPTION: MISCELLANEOUS. AMOUNT: 2,206. DESCRIPTION: PAYROLL TAXES. AMOUNT: 559. DESCRIPTION: INTEREST. AMOUNT: 13,655. TOTAL TO FORM 990-EZ, LINE 16: 41,240. FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS DESCRIPTION: TAX AND INSURANCE ESCROW CASH. BEG. OF YEAR AMOUNT: 1,698. END OF YEAR AMOUNT: 1,555. DESCRIPTION: TENANT SECURITY DEPOSITS CASH. BEG. OF YEAR AMOUNT: 848. END OF YEAR AMOUNT: 1,429. DESCRIPTION: REPLACEMENT RESERVE CASH. BEG. OF YEAR AMOUNT: 31,994. END OF YEAR AMOUNT: 25,977. DESCRIPTION: PREPAID EXPENSES AND DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 1,000. END OF YEAR AMOUNT: 2,823. DESCRIPTION: RESIDUAL RECEIPTS RESERVE. BEG. OF YEAR AMOUNT: 239. END OF YEAR AMOUNT: 239. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 855. END OF YEAR AMOUNT: 910. FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ACCRUED INTEREST. BEG. OF YEAR AMOUNT: 1,198. END OF YEAR AMOUNT: 1,085. DESCRIPTION: ACCRUED REAL ESTATE TAXES. BEG. OF YEAR AMOUNT: 3,190. END OF YEAR AMOUNT: 4,930. DESCRIPTION: TENANT SECURITY DEPOSITS. BEG. OF YEAR AMOUNT: 848. END OF YEAR AMOUNT: 1,429. DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 18,562. END OF YEAR AMOUNT: 10,862. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 171,707. END OF YEAR AMOUNT: 155,510. THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.