REGENESIS COMMUNITY DEVELOPEMENT CORPORATION: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: REGENESIS COMMUNITY DEVELOPEMENT CORPORATION (EIN 20-0726974)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-04-27
IRS object ID: 201111179349300806
Schema version: 2010v3.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-04-27T14:25:05-05:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NORMAN JOHNSON & CO PA	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	191 N DANIEL MORGAN AVENUE	AddressLine1
City	SPARTANBURG	City
State	SC	State
ZIP Code	29306	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	200726974	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SPARTANBURG HOUSING DEVELOPMENTINC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SPAR	NameControl
Phone	8645986077	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	139 S DEAN STREET	AddressLine1
Address Line2	ROOM/SUITE G	AddressLine2
City	SPARTANBURG	City
State	SC	State
ZIP Code	29302	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	HAROLD MITCHELL	Name
Title	BOARD CHAIRMAN	Title
Phone	8645986077	Phone
Date Signed	2011-04-05	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	GARY J JOHNSON CPA	Name
Phone	8645738623	Phone
Date Prepared	2011-04-06	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Gross Receipts	483799	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	HTTP://WWW.HOMEINSPARTANBURG.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2001	YearFormation
State Legal Domicile	SC	StateLegalDomicile
Activity Or Mission Description	THIS CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION WHICH WILL OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES; INCLUDING BUT NOT LIMITED TO DIRECTLY AND INDIRECTLY, TO DEVELOP, OWN, MANAGE, BUY AND SELL LOW INCOME HOUSING IN AND AROUND THE CITY OF SPARTANBURG. A. TO IMPROVE COMMUNITIES IN AND AROUND THE CITY OF SPARTANBURG BY PROVIDING SAFE AND AFFORDABLE HOUSING AND A SUITABLE LIVING ENVIRONMENT, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. B. TO CONDUCT AND SUPPORT ACTIVITIES THAT WILL EXPAND AND PROMOTE ECONOMIC OPPORTUNITIES, COMMUNITY DEVELOPMENT AND COMMUNITY REVITALIZATION, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. C. TO COMBAT COMMUNITY DETERIORATION THROUGH RESIDENTIAL DEVELOPMENT AND REVITALIZATION, COMMERCIAL DEVELOPMENT AND REVITALIZATION, ECONOMIC DEVELOPMENT, AND HISTORIC PRESERVATION. D. TO SUPPORT CONDUCT SUCH OTHER AND FURTHER ACTIVITIES THAT MAY PROMOTE HOUSING, ECONOMIC DEVELOPMENT, NEIGHBORHOOD REVITALIZATION, HISTORIC PRESERVATION, AND COMMUNIT	ActivityOrMissionDescription
Nbr Voting Members Governing Body	5	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	5	NbrIndependentVotingMembers
Total Nbr Employees	4	TotalNbrEmployees
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	283250	ContributionsGrantsPriorYear
Contributions Grants Current Year	267000	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	73759	ProgramServiceRevenuePriorYear
Program Service Revenue CY	94339	ProgramServiceRevenueCY
Investment Income Prior Year	26553	InvestmentIncomePriorYear
Investment Income Current Year	27460	InvestmentIncomeCurrentYear
Other Revenue Prior Year	43539	OtherRevenuePriorYear
Other Revenue Current Year	-54948	OtherRevenueCurrentYear
Total Revenue Prior Year	427101	TotalRevenuePriorYear
Total Revenue Current Year	333851	TotalRevenueCurrentYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	81986	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	11683	TotalFundrsngExpCurrentYear
Other Expense Prior Year	524017	OtherExpensePriorYear
Other Expenses Current Year	199838	OtherExpensesCurrentYear
Total Expenses Prior Year	524017	TotalExpensesPriorYear
Total Expenses Current Year	281824	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-96916	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	52027	RevenuesLessExpensesCY
Total Assets BOY	1953355	TotalAssetsBOY
Total Assets EOY	1966663	TotalAssetsEOY
Total Liabilities BOY	109928	TotalLiabilitiesBOY
Total Liabilities EOY	71209	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1843427	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1895454	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	THIS CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION WHICH WILL OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES; INCLUDING BUT NOT LIMITED TO DIRECTLY AND INDIRECTLY, TO DEVELOP, OWN, MANAGE, BUY AND SELL LOW INCOME HOUSING IN AND AROUND THE CITY OF SPARTANBURG. A. TO IMPROVE COMMUNITIES IN AND AROUND THE CITY OF SPARTANBURG BY PROVIDING SAFE AND AFFORDABLE HOUSING AND A SUITABLE LIVING ENVIRONMENT, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. B. TO CONDUCT AND SUPPORT ACTIVITIES THAT WILL EXPAND AND PROMOTE ECONOMIC OPPORTUNITIES, COMMUNITY DEVELOPMENT AND COMMUNITY REVITALIZATION, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. C. TO COMBAT COMMUNITY DETERIORATION THROUGH RESIDENTIAL DEVELOPMENT AND REVITALIZATION, COMMERCIAL DEVELOPMENT AND REVITALIZATION, ECONOMIC DEVELOPMENT, AND HISTORIC PRESERVATION. D. TO SUPPORT CONDUCT SUCH OTHER AND FURTHER ACTIVITIES THAT MAY PROMOTE HOUSING, ECONOMIC DEVELOPMENT, NEIGHBORHOOD REVITALIZATION, HISTORIC PRESERVATION, AND COMMUNIT	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	226964	Expense
Description	DEVELOPED AND/OR SOLD 4 HOUSING UNITS TO LOW-INCOME HOMEOWNERS. COUNSELED NEW HOMEOWNERS ABOUT HOMEOWNERSHIP. RENTED 9 UNITS OF HOUSING TO LOW-INCOME TENANTS. ASSISTED LOCAL HOUSING AUTHORITY WITH DEVELOPMENT AND SALE OF AN ADDITIONAL 4 UNITS OF LOW INCOME HOUSING.	Description
Total Program Service Expense	226964	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	true	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	true	ReportOtherAssets
Report Other Liabilities	true	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	true	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	false	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	false	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	1	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	4	NumberOfEmployees
Employment Tax Returns Filed	true	EmploymentTaxReturnsFiled
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	5	NbrVotingGoverningBodyMembers
Number Independent Voting Members	5	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	true	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	false	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	false	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	false	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	false	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	HAROLD MITCHELL	NamePerson
Telephone Number	8645986141	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	139 S DEAN STREET	AddressLine1
City	SPARTANBURG	City
State	SC	State
ZIP Code	29302	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (5 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer
ALEXANDER HRAY JR
DIRECTOR	1.00	X	0	0	0
MAC ERWIN
DIRECTOR	1.00	X	0	0	0
HAROLD MITCHELL
CHAIRMAN	1.00	X	0	0	0	X
DONNA HILL
DIRECTOR	1.00	X	0	0	0
JENNIFER BRADEY HOY
DIRECTOR	1.00	X	0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
Government Grants	267000	GovernmentGrants
Total Contributions	267000	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
DEVELOPER FEES	900099	44110	44110
RENTAL INCOME	900099	43959	43959
PROGRAM FEES	900099	6270	6270

Field	Value	IRS element (for citing)
Total Program Service Revenue	94339	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	27460	TotalRevenueColumn
Exclusion	$27,460	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	95000	GrossSalesOfInventory
Cost Of Goods Sold	149948	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	-54948	TotalRevenueColumn
Related Or Exempt Function Income	-54948	RelatedOrExemptFunctionIncome

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	333851	TotalRevenueColumn
Related Or Exempt Function Income	39391	RelatedOrExemptFunctionIncome
Exclusion	$27,460	ExclusionAmount

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	73197	Total
Program Services	65192	ProgramServices
Management And General	7471	ManagementAndGeneral
Fundraising	534	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	4266	Total
Program Services	3993	ProgramServices
Management And General	255	ManagementAndGeneral
Fundraising	18	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	4523	Total
Program Services	4028	ProgramServices
Management And General	462	ManagementAndGeneral
Fundraising	33	Fundraising

Fees For Services Management FeesForServicesManagement

Field	Value	IRS element (for citing)
Total	36500	Total
Program Services	29200	ProgramServices
Management And General	6570	ManagementAndGeneral
Fundraising	730	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	5066	Total
Program Services	5066	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	23302	Total
Program Services	11651	ProgramServices
Management And General	11651	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	9465	Total
Fundraising	9465	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1589	Total
Program Services	1589	ProgramServices

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	4790	Total
Program Services	2867	ProgramServices
Management And General	1923	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	34578	Total
Program Services	27662	ProgramServices
Management And General	6224	ManagementAndGeneral
Fundraising	692	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	7620	Total
Program Services	4948	ProgramServices
Management And General	2672	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	1557	Total
Program Services	1557	ProgramServices

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	10872	Total
Program Services	9568	ProgramServices
Management And General	1196	ManagementAndGeneral
Fundraising	108	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	7983	Total
Program Services	6640	ProgramServices
Management And General	1325	ManagementAndGeneral
Fundraising	18	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
MAINTENANCE AND REPAIRS	23964	23641	296	27
TELEPHONE AND UTILITIES	10896	8938	1900	58
CONTRACT LABOR	9796	9796
BAD DEBT EXPENSE	4000	4000
RELOCATION EXPENSES	3163	3163

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	4697	Total
Program Services	3465	ProgramServices
Management And General	1232	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	281824	Total
Program Services	226964	ProgramServices
Management And General	43177	ManagementAndGeneral
Fundraising	11683	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	320107	BOY
EOY	470131	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	482055	BOY
EOY	502798	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	36194	BOY
EOY	35763	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	610288	BOY
EOY	461043	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	402919	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	43469	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	366671	BOY
EOY	359450	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	138040	BOY
EOY	137478	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1953355	BOY
EOY	1966663	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	41241	BOY
EOY	8731	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	65562	BOY
EOY	57615	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	3125	BOY
EOY	4863	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	109928	BOY
EOY	71209	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	1549427	BOY
EOY	1431454	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	159000	BOY
EOY	279000	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	135000	BOY
EOY	185000	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1843427	BOY
EOY	1895454	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1953355	BOY
EOY	1966663	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	52027	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	false	AccountantCompileOrReview
FS Audited	true	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org170b1 Avi	X	PubliclySupportedOrg170b1Avi

Gifts Grants Contrib Received170 GiftsGrantsContribReceived170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	268641	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	222899	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	469938	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	283250	CurrentTaxYearMinus1Year
Current Tax Year	267000	CurrentTaxYear
Total	1511728	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	268641	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	222899	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	469938	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	283250	CurrentTaxYearMinus1Year
Current Tax Year	267000	CurrentTaxYear
Total	1511728	Total

Field	Value	IRS element (for citing)
Public Support Total170	1511728	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1711	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	32923	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	27428	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26553	CurrentTaxYearMinus1Year
Current Tax Year	27460	CurrentTaxYear
Total	116075	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	208273	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	256867	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	96687	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	73759	CurrentTaxYearMinus1Year
Current Tax Year	94339	CurrentTaxYear
Total	729925	Total

Field	Value	IRS element (for citing)
Total Support	2357728	TotalSupport
Gross Receipts From Admissions Etc	189339	GrossReceiptsFromAdmissionsEtc
Public Support Pertcentage170	0.64120	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.83190	PublicSupportPertcentPriorYear
Thirty Three Percnt Tests CY170	X	ThirtyThreePercntTestsCY170

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Disclosed Orgs Legal Control	false	DisclosedOrgsLegalControl
Disclosed For Charitable Purposes	false	DisclosedForCharitablePurposes
Written Policy Monitoring	false	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	false	Sect170hRequirementsSatisfied
Solicited Assets For Sale	false	SolicitedAssetsForSale
Agent Trustee Etc	false	AgentTrusteeEtc
Included On FS	false	IncludedOnFS
Endowments Held By Unrelated Orgs	false	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	false	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	false	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	15201	OtherCostOrOtherBasis
Book Value	15201	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	347652	OtherCostOrOtherBasis
Depreciation	19025	Depreciation
Book Value	328627	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	29647	OtherCostOrOtherBasis
Depreciation	23691	Depreciation
Book Value	5956	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	10419	OtherCostOrOtherBasis
Depreciation	753	Depreciation
Book Value	9666	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	359450	TotalOfBookValueLandBuildings

Other Assets OtherAssets

Field	Value	IRS element (for citing)
Description	DUE FROM RELATED PARTIES	Description
Book Value	137478	BookValue

Field	Value	IRS element (for citing)
Total Book Value Other Assets	137478	TotalBookValueOtherAssets

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	OTHER DEPOSITS HELD	Description
Amount	$4,863	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	4863	TotalOfAmounts
Total Revenue	333851	TotalRevenue
Total Expenses	281824	TotalExpenses
Excess Or Deficit For Year	52027	ExcessOrDeficitForYear
Excess Or Deficit Per FS	52027	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	388799	TotRevenueEtcAuditedFinclStmt
Revenue Subtotal	388799	RevenueSubtotal
Other Revenues Not Included	-54948	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-54948	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	333851	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	336772	TotExpensesEtcAuditedFinclStmt
Losses Reported	54948	LossesReported
Expenses Not Rptd F990	54948	ExpensesNotRptdF990
Expenses Subtotal	281824	ExpensesSubtotal
Total Expenses Per Form990	281824	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
RECONCILIATION OF CHANGES - OTHER	SCHEDULE D, PAGE 4, PART XI, LINE 8	LOSSES REPORTED ON RETURN 54,948 LOSSES ON SALE OF PROPERTY HELD FOR SALE 54,948
REVENUE AMOUNTS INCLUDED ON RETURN - OTHER	SCHEDULE D, PAGE 4, PART XII, LINE 4B	LOSSES ON SALE OF PROPERTY HELD FOR SALE -54,948

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
ORGANIZATION'S MISSION	FORM 990 - ORGANIZATION'S MISSION	THIS CORPORATION IS ORGANIZED AS A NON-PROFIT ORGANIZATION WHICH WILL OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES; INCLUDING BUT NOT LIMITED TO DIRECTLY AND INDIRECTLY, TO DEVELOP, OWN, MANAGE, BUY AND SELL LOW INCOME HOUSING IN AND AROUND THE CITY OF SPARTANBURG. A. TO IMPROVE COMMUNITIES IN AND AROUND THE CITY OF SPARTANBURG BY PROVIDING SAFE AND AFFORDABLE HOUSING AND A SUITABLE LIVING ENVIRONMENT, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. B. TO CONDUCT AND SUPPORT ACTIVITIES THAT WILL EXPAND AND PROMOTE ECONOMIC OPPORTUNITIES, COMMUNITY DEVELOPMENT AND COMMUNITY REVITALIZATION, PRINCIPALLY FOR PERSONS OF LOW TO VERY LOW INCOMES. C. TO COMBAT COMMUNITY DETERIORATION THROUGH RESIDENTIAL DEVELOPMENT AND REVITALIZATION, COMMERCIAL DEVELOPMENT AND REVITALIZATION, ECONOMIC DEVELOPMENT, AND HISTORIC PRESERVATION. D. TO SUPPORT CONDUCT SUCH OTHER AND FURTHER ACTIVITIES THAT MAY PROMOTE HOUSING, ECONOMIC DEVELOPMENT, NEIGHBORHOOD REVITALIZATION, HISTORIC PRESERVATION, AND COMMUNITY DEVELOPMENT. E. TO EXERCISE ALL THE RIGHTS AND POWERS, CONFERRED UPON NON-PROFIT CORPORATIONS BY THE STATE OF SOUTH CAROLINA CONSISTENT WITH THE CORPORATE PURPOSE AND LIMITATIONS OF THE STATE AND FEDERAL LAW AND THE LAWS OF THE GRANT.
MANAGEMENT DELEGATED	FORM 990, PAGE 6, PART VI, LINE 3	SPARTANBURG HOUSING AUTHORITY PROVIDED PERSONNEL FOR THE ORGANIZATION DURING THE FIRST QUARTER OF THE YEAR AND WAS REIMBURSED FOR PERSONNEL COSTS.
ORGANIZATION'S PROCESS USED TO REVIEW FORM 990	FORM 990, PAGE 6, PART VI, LINE 11B	THE BOARD CHAIRMAN WILL SIGN THE RETURN. THERE IS NO FORMAL REVIEW PROCESS.
GOVERNING DOCUMENTS DISCLOSURE EXPLANATION	FORM 990, PAGE 6, PART VI, LINE 19	SHD GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE ORGANIZATION'S PHYSICAL LOCATION.