Sandwood Apartments Inc
- Assets
- $153.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Columbia, SC
- Founding
- 09/1990
- Data as of
- 06/2022
- EIN
- 57-0909557
Organization Overview
Sandwood Apartments Inc is located in West Columbia, SC. The organization was established in 1990. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sandwood Apartments Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Sandwood Apartments Inc generated $137.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $129.5k during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PROGRAM EXISTS SOLELY TO PROVIDE RESIDENTIAL SERVICES TO LOW INCOME RESIDENTS IN AN 8 UNIT COMPLEX. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATIONS OF THE PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thoyd B Warren Ex Officio | 1 | $0 | |
Gary Dobson Chairperson | 1 | $0 | |
Rahn Mccrady Director | 1 | $0 | |
Bryan Mcgill Vice Chairpe | 1 | $0 | |
Keith Bradsher Director | 1 | $0 | |
Melba Elsey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,869 |
| Total Program Service Revenue | $48,507 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $166 |
| Total Revenue | $137,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,359 |
| Professional fees and other payments to independent contractors | $11,722 |
| Occupancy, rent, utilities, and maintenance | $65,362 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $35,066 |
| Total expenses | $129,509 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,717 |
| Other assets | $0 |
| Total assets | $153,372 |
| Total liabilities | $271,517 |
| Net assets or fund balances | -$118,145 |
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