St George Area Housing Corporation in St George, South Carolina (SC)

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St George Area Housing Corporation
Employer Identification Number (EIN)570626809
Name of OrganizationSt George Area Housing Corporation
AddressPO BOX 673, St George, SC 29477-0673
ActivitiesLow income housing
SubsectionCharitable Organization
Ruling Date04/1988
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,212,360
Amount of Income$236,042
Form 990 Revenue Amount$236,042


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Financial snapshot ($)

Revenue for 2011

Functional expenses for 2011

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$238,709
Contributions, Gifts, Grants and Other Similar Amounts$128,276
Program Service Revenue$103,482
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$5,477
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$1,474
Statement of Functional Expenses (for 2011)
Total functional expenses$225,189
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$58,018
Payroll taxes$4,504
Professional fundraising services$0
Other$162,667
Balance Sheet (for 2011)
Total assets$1,209,592
Total liabilities$14,240
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$14,240
Total net assets or fund balances$1,195,352
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$729,553
Gifts, grants, contributions, and membership fees received$671,381
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$58,172
Gross receipts from related activities, etc.$104,956
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