2024-12-11T15:07:02-06:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2023-07-01 582067479 SUPPORTIVE HOUSING COMMUNITIES INC SUPP 7043359380 601 E 5TH STREET SUITE 255 CHARLOTTE NC 28202 LAURA CALDWELL PRESIDENT & CEO 7043359380 2024-12-10 1 1 KATHERINE A WARLICK P02065266 7049985200 2024-12-10 2023 2024-10-15 13:58:12Z LAURA CALDWELL 601 E 5TH STREET SUITE 255 CHARLOTTE NC 28202 4750309 0 X WWW.SUPPORTIVEHOUSINGCOMMUNITIES.ORG X 1993 NC TO PROVIDE AFFORDABLE HOUSING TO ALLEVIATE HOMELESSNESS AND HUMAN SUFFERING. 13 13 38 936 0 0 3080823 3822669 785430 882849 -59289 4425 10900 -7649 3817864 4702294 0 0 0 0 2018984 1841355 0 0 305518 2241097 2970178 4260081 4811533 -442217 -109239 6008079 6547981 4005164 4075533 2002915 2472448 X SUPPORTIVE HOUSING COMMUNITIES PROVIDES AFFORDABLE HOUSING TO ALLEVIATE HOMELESSNESS AND HUMAN SUFFERING 1 0 4003733 882849 SUPPORTIVE HOUSING COMMUNITIES (SHC) OWNS AND OPERATES TWO PERMANENT SUPPORTIVE HOUSING COMPLEXES: MCCREESH PLACE, A 90-UNIT SHARED SUBSTANCE-FREE COMMUNITY LIVING COMPLEX AND ST. JOHNS PLACE, AT 32-UNIT AFFORDABLE HOUSING APARTMENT COMPLEX. SHC ALSO HAS SCATTERED SITES RENTAL UNITS ACROSS THE CHARLOTTE METROPOLITAN AREA WHERE WE PROVIDE CASE MANAGEMENT ALONG WITH PERMANENT OR RAPID-REHOUSING PROGRAMS FOR CLIENTS LIVING IN VARIOUS NEIGHBORHOODS. WE DEVELOP AND OPERATE PERMANENT SUPPORTIVE HOUSING FOR MEN, WOMEN, AND FAMILIES OVERCOMING HOMELESSNESS, ESPECIALLY VETERANS AND THOSE WITH MENTAL ILLNESS, SUBSTANCE USE, AND MEDICAL OR OTHER DISABLING CONDITIONS. WE ASSIST OUR NEIGHBORS IN OBTAINING AND REMAINING IN HOUSING, ENCOURAGING THEM TO INCREASE SKILLS AND INCOME/EMPLOYMENT, FOSTERING SELF-SUFFICIENCY AND IMPROVING SELF-IMAGE AND SUPPORTING RECOVERY AND WELLNESS. DURING FY24, WE SERVED MORE THAN 430 HOUSEHOLDS. 4003733 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 66 0 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X SUSAN GORDON 7043359380 601 E 5TH STREET CHARLOTTE NC 28202 A CARTER AREY DIRECTOR 2.00 X 0 0 0 DENNIS LACARIA DIRECTOR 1.00 X 0 0 0 RYAN BORG CHAIR 2.00 X X 0 0 0 SHERREKA THARPS VICE CHAIR 2.00 X X 0 0 0 MEAGHANN DUNLAP TREASURER 1.00 X X 0 0 0 RYAN BALLEW SECRETARY 1.00 X X 0 0 0 SCOTT MCMAHON DIRECTOR 1.00 X 0 0 0 KIMBERLY KICKLIGHTER DIRECTOR 1.00 X 0 0 0 DANIEL HANDEL DIRECTOR 1.00 X 0 0 0 SOPHIE MAHAJERANI DIRECTOR 1.00 X 0 0 0 FRED DODSON DIRECTOR 1.00 X 0 0 0 LAKEYSHIA DAVIS DIRECTOR 1.00 X 0 0 0 MELISSA DUNN DIRECTOR 1.00 X 0 0 0 LAURA CALDWELL PRESIDENT 60.00 X 136725 0 14377 136725 0 14377 1 0 1 0 YOUR PART-TIME CONTROLLER 1600 MARKET STREET SUITE 3425 PHILADELPHIA PA 19103 FINANCIAL SERVICES SUPPORT 186685 1 119084 2639275 1064310 127523 3822669 MCCREESH PLACE RENTS 531110 853692 853692 MISCELLANEOUS HOUSING 812300 29157 29157 882849 4425 4425 38268 119084 48015 -9747 -9747 MISCELLANEOUS 900099 2098 2098 2098 4702294 882849 0 -3224 1451787 1207101 68946 175740 270540 219516 25638 25386 119028 99930 5549 13549 34018 32 33986 629347 263343 309237 56767 1943 1943 181758 136166 45592 44285 44285 SCATTERED SITE RENT 1321485 1320425 1060 RESIDENT SUPPORT 303995 303995 UTILITIES 246137 246137 REPAIRS AND MAINTENANCE 126320 126230 90 80890 80890 4811533 4003733 502282 305518 143127 322730 165778 164430 14091 497625 597709 8260 8965 5197069 1683436 3591089 3513633 1602200 1926423 6008079 6547981 134380 162686 14481 18363 2178013 2216526 1678290 1677958 4005164 4075533 X 1119487 821418 883428 1651030 2002915 2472448 6008079 6547981 X -109239 578772 X 0 1 X 1 0 X 3421697 3288173 3131513 3080823 3822669 16744875 3421697 3288173 3131513 3080823 3822669 16744875 16744875 1067 33 229 3068 4425 8822 73527 15508 2098 91133 16844830 3307739 0.99410 0.99960 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2021 AMOUNT: $ 73,527. 2022 AMOUNT: $ 15,508. 2023 AMOUNT: $ 2,098. PART II, SECTION A, LINE 1 SECTION A, LINE 1 - GIFTS, GRANTS AND CONTRIBUTIONS FOR 2022 HAVE BEEN UPDATED TO REFLECT THE AMOUNT REPORTED ON PART VIII, LINE 1H OF THE ORGANIZATION'S 2022 FORM 990. ON THE 2022 SCHEDULE A, THE AMOUNT REPORTED WAS $3,286,552. THIS HAS BEEN CHANGED ON THE 2023 SCHEDULE A TO $3,080,823 SECTION B, LINE 10 - OTHER INCOME OF $73,527 AND $15,508 WAS ADDED FOR 2021 AND 2022, RESPSECTIVELY, TO REFLECT THE AMOUNTS REPORTED ON PART VIII, LINE 11E OF THE ORGANIZATION'S FORM 990 FOR THE SPECIFIED YEARS. THESE AMOUNTS WERE INADVERTENTLY OMITTED ON THE 2021 AND 2022 FILINGS. SECTION B, LINE 12 - GROSS RECEIPTS FROM RELATED ACTIVITES WAS RECALCULATED USING THE PROGRAM REVENUE REPORTED ON PART VIII, LINE 2G OF THE ORGANZIATION'S 2022 FORM 990. THE ORGANIZATION INCLUDED GROSS RECEIPTS OF $783,591 FOR 2022 IN CALCULATING GROSS RECEIPTS FROM RELATED ACTIVITIES. FOR THE 2023 SCHEDULE A, THE ORGANIZATION USED $785,430 FOR 2022 IN THE LINE 12 CALCULATION. NONE OF THESE CORRECTIONS HAVE IMPACTED THE ORGANIZATION'S ABILITY TO PASS THE 33 1/3% PUBLIC SUPPORT TEST. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 140070 140070 4975573 1645534 3330039 39828 28916 10912 41598 8986 32612 3513633 RIGHT OF USE ASSSET 1438532 ACCUMULATED AMORTIZATION, RIGHT OF USE ASSET -90881 DONATED INTEREST RECEIVABLE 578772 1926423 SECURITY DEPOSITS 17775 OTHER CURRENT LIABILITIES 304371 RIGHT OF USE ASSET LIABILITY 1355812 1677958 X 5490776 196535 591947 788482 4702294 0 4702294 5021243 196535 13175 209710 4811533 0 4811533 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS NOT A PRIVATE FOUNDATION AS DEFINED BY SECTION 509(A) OF THE IRC. GAAP REQUIRES AN ORGANIZATION TO RECOGNIZE A TAX BENEFIT OR EXPENSE FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE ORGANIZATION HAD NO UNCERTAIN TAX POSITION AS OF JUNE 30, 2024 OR 2023. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. ACCORDINGLY, NO LIABILITY FOR INCOME TAXES IS REQUIRED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: IMPUTED DONATED INTEREST 591,947. PART XII, LINE 2D - OTHER ADJUSTMENTS: IMPUTED INTEREST EXPENSE 13,175. BREWERS BALL 58350 49129 9221 6148 1777 NEIGHBOR OF THE YEAR 51695 43256 8439 8424 15 1 44917 26699 18218 3600 8441 2857 3320 154962 119084 35878 9748 18642 2872 3320 34582 1296 X X X 0 0 0 0 0 0 0 0 0 LAURA CALDWELL PRESIDENT 136725 0 0 0 0 0 4651 0 9726 0 151102 0 0 0 PART I, LINE 3 CEO PROVIDES A COMPENSATION STUDY TO THE BOARD FOR REVIEW DURING THE LAST MEETING OF EACH FISCAL YEAR. THE BOARD REVIEWS THE INFORMATION FROM THE STUDY AND 990'S OF COMPARABLE ORGANIZATIONS IN THE REGION TO DETERMINE THE SALARY OF THE CEO AND ANY MERIT INCREASES GIVEN. X 780 DONOR PROVIDED X 37487 DONOR PROVIDED X 68 29662 FMV & DONOR PROVIDED X GIFTS 51 28049 DONOR PROVIDED X SUPPLIES 39 25450 DONOR PROVIDED X GIFT CARDS 9 6095 CARD VALUE 0 1 0 FORM 990, PART III, LINE 2 WE WERE AWARDED EXTRA FUNDING IN FEBRUARY TO HOUSE MORE RAPID REHOUSING CLIENTS. IT WAS AN INCREASE FROM $12K TO $168K. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CAN MAKE DECISIONS WITH AUTHORITY OVER APPROVAL OF NON-BUDGETED ITEMS BETWEEN BOARD MEETINGS - IN CASES OF EMERGENCY WHEN THE FULL BOARD CANNOT BE GATHERED QUICKLY ENOUGH. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES CANNOT ACT ON BEHALF OF THE FULL BOARD. SOME COMMITTEES MEET REGULARLY AND MINUTES ARE TAKEN. OTHER COMMITTEES ONLY MEET WHEN AN ISSUE NEEDS FURTHER DISCUSSION OR EVALUATION. THIS IS A WORK IN PROGRESS AS THE BOARD GROWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WILL BE SHARED WITH THE FULL BOARD PRIOR TO FILING. THE AUDITORS PRESENT THE FINANCIAL AUDIT REPORT AT A BOARD MEETING, AND THE AUDIT REPORT AND THE 990 ARE SENT IN ADVANCE TO THE FULL BOARD FOR REVIEW. THE AUDITED FINANCIAL STATEMENTS AND 990 ARE ALWAYS SHARED IN FULL WITH THE BOARD AND ARE SHARED ON THE ORGANIZATION'S WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST AND CONFIDENTIALITY POLICIES ARE REVIEWED AND SIGNED ANNUALLY BY ALL BOARD MEMBERS AND STAFF AT THE BEGINNING OF EACH FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE REVIEWS THE SALARY STUDY TO DETERMINE COMPENSATION FOR THE CEO OF THE ORGANIZATION. THE CHAIR GATHERS FEEDBACK FROM ALL MEMBERS OF THE BOARD ON THEIR INPUT OF THE CEO'S PERFORMANCE FOR THE FY AND THEN THE BOARD HAS AN EXECUTIVE SESSION DURING A BOARD MEETING WHERE THEY DISCUSS THE CEO'S PERFORMANCE BEFORE SHARING THE RESULTS WITH THE CEO. THE BOARD SECRETARY DOCUMENTS THE COMPENSATION DETERMINED BY THE BOARD DURING THE CLOSED SESSION AND CAPTURES THE INPUT REGARDING THE CEO'S OVERALL PERFORMANCE TO DOCUMENT IN THE CEO'S PERSONNEL FILE AND FOR PAYROLL UPDATE. NO OFFICERS OF THE BOARD ARE COMPENSATED FOR THEIR TIME. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE SHARED ON THE ORGANIZATION'S WEBSITE THROUGH THE SHARING OF THE ANNUAL AUDIT AND 990 FORM 990, PART XI, LINE 9: IMPUTED CONTRIBUTION FROM INTEREST FREE LOAN 591,947. IMPUTED INTEREST EXPENSE ON INTEREST FREE LOAN -13,175.