2024-11-07T09:52:46-05:00 2024-06-30 570522539 SHEHEEN HANCOCK & GODWIN LLP PO BOX 428 CAMDEN SC 290210428 990EZ 2023-07-01 570836697 LEXINGTON RESIDENTIAL ALTERNATIVES LEXI 8038083966 PO BOX 4389 WEST COLUMBIA SC 29170 THOYD B WARREN EX OFFICIO 8038083966 2024-10-16 false TRACY L FAILE CPA P01640309 8034321424 2024-10-16 2023 2024-10-15 13:58:12Z X X N/A X X 112054 X 83807 28065 8 174 112054 14823 10150 10989 57595 93557 18497 89037 107534 X 127794 127717 52929 58269 27977 35017 208700 221003 119663 113469 89037 107534 X LEXINGTON RESIDENTIAL ALTERNATIVES, INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A FACILITY FOR THE MENTALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE PROGRAM EXISTS SOLELY TO PROVIDE RESIDENTIAL SERVICES TO MENTALLY HANDICAPPED RESIDENTS IN AN 8 UNIT COMPLEX. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT. 84174 84174 THOYD B WARREN EX OFFICIO 1.00 0 ANDREW SALEEBY CHAIRPERSON 1.00 0 WILLIAM REESE DIRECTOR 1.00 0 FRANKEY HOUSE DIRECTOR 1.00 0 ERIK J SIMENSEN VICE CHAIRPE 1.00 0 JOANNE WACTOR DIRECTOR 1.00 0 BRYAN MCGILL DIRECTOR 1.00 0 WILFRED G ROGERS SECRETARY 1.00 0 WILLIAM HOLMES TREASURER 1.00 0 CYNTHIA WINSTON DIRECTOR 1.00 0 AUNDRAI HOLLOMAN DIRECTOR 1.00 0 TOMMY BOGGS DIRECTOR 1.00 0 SARAH LIVINGSTON DIRECTOR 1.00 0 DANIEL DAVIS DIRECTOR 1.00 0 DEBORAH MANN DIRECTOR 1.00 0 false false false false false false false false false SOUTHERN DEVELOPMENT MANAGEMENT CO 1403 JARET COURT WEST COLUMBIA SC 29169 8038083966 false false false false false false false false false false false NONE NONE true X 78706 76792 79948 73994 83807 393247 78706 76792 79948 73994 83807 393247 393247 27534 30519 28634 25066 28247 140000 533247 81947 0.73750 0.73670 X FORM 990-EZ, PART I, LINE 8 OTHER INCOME 174 TOTAL 174 FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 5 OFFICE EXPENSE 2,025 INTEREST EXPENSE 4,070 INSURANCE EXPENSE 5,270 WORKMEN'S COMPENSATION 449 SUPPORT SERVICES 9,600 MISCELLANEOUS ADMIN EXP 2,155 SUPPLIES 67 CONTRACTS 17,834 REPAIRS AND MAINTENANCE 10,411 TRASH REMOVAL 915 NON-INVESTMENT DEPRECIATION 4,794 TOTAL 57,595 FORM 990-EZ, PART II, LINE 24 LAND IMPROVEMENTS 31,737 31,737 LESS ACCUMULATED DEPRECIATION 27,938 28,286 EQUIPMENT 45,798 54,659 LESS ACCUMULATED DEPRECIATION 38,657 40,203 TENANT SECURITY DEPOSITS 1,427 1,492 ESCROWS AND DEPOSITS 15,610 15,618 TOTAL 27,977 35,017 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,394 13,150 ACCRUED INTEREST PAYABLE 96 88 TENANT SECURITY DEPOSIT 1,427 1,492 MORTGAGE PAYABLE 107,746 98,739 FORM 990-EZ, PART III LEXINGTON RESIDENTIAL ALTERNATIVES, INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A FACILITY FOR THE MENTALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE ORGANIZATION DID NOT, DURING THE YER, 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 BERSONAL BENEFIT CONTRACT.