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 570678855 LEXINGTON SOUTH INC LEXI 8038083966 PO BOX 4398 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 177307 X 111452 65636 2 217 177307 25805 14776 16730 117070 174381 2926 105937 108863 X 78406 89884 157778 147004 52120 41179 288304 278067 182367 169204 105937 108863 X LEXINGTON SOUTH, INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A HOUSING FACILITY FOR THE MENATALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE PROGRAM EXISTS SOLELY TO PROVIDE RESIDENTIAL SERVICES TO MENTALLY HANDICAPPED RESIDENTS IN A 12 UNIT COMPLEX. ALL THE EXPENSES ARE ATTRIBUTABLE TO THE OPERATION OF THE PROJECT. 160390 160390 THOYD B WARREN EX OFFICIO 1.00 0 ANDREW SALEEBY CHAIRPERSON 1.00 0 DEBORAH MANN DIRECTOR 1.00 0 DANIEL DAVIS DIRECTOR 1.00 0 SARAH LIVINGSTON DIRECTOR 1.00 0 TOMMY BOGGS DIRECTOR 1.00 0 AUNDRAI HOLLOMAN DIRECTOR 1.00 0 CYNTHIA WINSTON DIRECTOR 1.00 0 WILFRED G ROGERS SECRETARY 1.00 0 FRANKEY HOUSE DIRECTOR 1.00 0 JOANNE WACTOR DIRECTOR 1.00 0 ERIK J SIMENSEN VICE CHAIRPE 1.00 0 BRYAN MCGILL DIRECTOR 1.00 0 WILLIAM HOLMES TREASURER 1.00 0 WILLIAM REESE DIRECTOR 1.00 0 false false false false false false false false false SOUTHERN DEVELOPMENT MANAGEMENT CO 1403 JARET CT WEST COLUMBIA SC 29169 8038083966 false false false false false false false false false false false NONE NONE true X 103845 102343 106933 104823 111452 529396 103845 102343 106933 104823 111452 529396 529396 50767 55731 55119 58517 65855 285989 815385 285989 0.64930 0.65640 X FORM 990-EZ, PART I, LINE 8 OTHER INCOME 217 TOTAL 217 FORM 990-EZ, PART I, LINE 16 EXPENSES ADVERTISING 9 OFFICE EXPENSE 15,588 INTEREST 6,608 INSURANCE 8,652 MISCELLANEOUS ADMIN EXP 13,974 WORKMEN'S COMPENSATION 728 CONTRACTS 36,250 SUPPLIES 901 TRASH REMOVAL 900 REPAIR AND MAINTENANCE 16,506 NON-INVESTMENT DEPRECIATION 16,954 TOTAL 117,070 FORM 990-EZ, PART II, LINE 24 ACCOUNTS RECEIVABLE 5,006 29 LAND IMPROVEMENTS 94,333 94,333 LESS ACCUMULATED DEPRECIATION 63,933 68,365 EQUIPMENT 120,713 120,713 LESS ACCUMULATED DEPRECIATION 110,532 112,280 TENANT SECURITY DEPOSITS 2,603 2,817 ESCROWS & DEPOSITS 3,930 3,932 TOTAL 52,120 41,179 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,645 4,996 ACCRUED INTEREST PAYABLE 157 144 TENANT SECURITY DEPOSITS 2,603 2,817 MORTGAGE AND OTHER NOTE PAYABLES 175,962 161,247 FORM 990-EZ, PART III LEXINGTON SOUTH, INC. WAS ORGANIZED TO ACQUIRE REAL PROPERTY AND BUILD AND OPERATE A HOUSING FACILITY FOR THE MENATALLY HANDICAPPED UNDER SECTION 202 OF THE NATIONAL HOUSING AUTHORITY. THE ORGANIZATION DID NOT, DURING THE TAX YEAR, 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 PERSONAL BENEFIT CONTRACT.