2013-10-10T08:08:26-05:00 2012-12-31 570381582 ELLIOTT DAVIS LLC 1901 MAIN STREET SUITE 1650 COLUMBIA SC 29201 990 2012-01-01 571010303 GAULT GROVE APARTMENTS INC GAUL 8037861844 POST OFFICE BOX 4246 COLUMBIA SC 29240 JULIE ANN AVIN 8037861844 2013-09-24 1 DENISE P HILL CPA P00046615 8032560002 2012 2016-02-24 21:20:13Z JULIE ANN AVIN POST OFFICE BOX 4246 COLUMBIA SC 29240 97677 0 X WWW.MIRCI.ORG/SUPPORTIVEHOUSING X 1994 SC HOUSING FOR LOW INCOME MENTALLY DISABLED INDIVIDUALS 7 7 0 7 0 0 46747 50283 49358 47318 83 26 0 50 96188 97677 0 0 0 0 0 0 0 0 0 112668 110618 112668 110618 -16480 -12941 586540 569170 966815 962386 -380275 -393216 TO PROVIDE HOUSING FOR LOW INCOME MENTALLY DISABLED INDIVIDUALS 0 0 89959 47318 TO PROVIDE HOUSING AND RELATED SERVICES TO LOW INCOME INDIVIDUALS WITH MENTAL DISABILITIES 89959 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JULIE ANN AVIN 8037861844 P O BOX 4246 COLUMBIA SC 29240 KATHERINE M HEPFER 1.00 X 0 0 0 GERRY O HERRON 1.00 X 0 0 0 JOHN M STOCK JR 1.00 X X 0 0 0 JOYCE L BRITT 1.00 X X 0 0 0 L GREGORY PEARCE JR 1.00 X X 0 0 0 HOMER NMI MITCHELL 1.00 X X 0 0 0 TIMOTHY LANGFITT 1.00 X 0 0 0 JULIE ANN AVIN 4.00 X 0 100138 0 0 100138 0 0 0 0 0 0 50283 50283 RENT REVENUE 531110 47318 47318 47318 26 26 MISCELLANEOUS 900099 50 50 50 97677 47368 0 26 27986 17881 10105 7430 7430 2994 2994 41608 41608 130 130 22915 22915 7119 7119 WORKERS COMPENSATION 436 436 110618 89959 20659 0 46025 20035 2090 1170 477 508 940195 392738 537948 547457 586540 569170 12305 7780 3015 3111 951495 951495 966815 962386 X -380275 -393216 -380275 -393216 586540 569170 -12941 0 X X 0 1 X 1 1 1 X 36398 38855 47784 46747 50283 220067 36398 38855 47784 46747 50283 220067 220067 390 146 107 83 26 752 283 173 50 506 221325 97268 0.99430 0.99140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 60000 60000 817022 337982 479040 63173 54756 8417 547457 CAPITAL ADVANCES 951495 951495 X 97677 0 97677 0 97677 110618 0 110618 0 110618 PART IV, LINE 2B: TENANT SECURITY DEPOSITS RECEIVED AT MOVE IN'S ARE HELD IN A CUSTODIAL ACCOUNT UNTIL TENANT MOVES OUT. UPON MOVE OUT, DEPOSITS ARE EITHER REFUNDED, ASSUMING NO DAMAGES, OR TRANSFERRED INTO THE OPERATING ACCOUNT IN ORDER TO COVER THE COST OF THE DAMAGES INCURRED. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE PROJECT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE PROJECT IS ALSO EXEMPT FROM SOUTH CAROLINA INCOME TAXES. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE POSITIONS TAKEN BY THE PROJECT AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PROJECT HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NO WOULD NOT BE SUBSTANTIATED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PROJECT IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR THE YEARS PRIOR TO 2009. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF FORM 990 IS REVIEWED BY THE BOARD PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD REVIEWS THE ANNUAL DISCLOSURES SUBMITTED BY EACH MEMBER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH INDIVIDUAL REQUESTS. FORM 990, PART XI, LINE 2C, RESPONSIBILITY OF AUDIT OVERSIGHT: THE ORGANIZATION HAS A SEPARATE AUDIT COMMITTEE THAT OVERSEES THE AUDIT PROCESS. MIRCI 3809 ROSEWOOD DRIVE COLUMBIA SC 29205 570984185 SUPPORT SERVICES TO INDIVIDUALS WITH MENTAL ILLNESS SC 501(C)(3) LINE 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 MIRCI M 41492 ARM'S LENGTH