Nonprofit · EIN 04-3648717
POINSETT HOUSE SENIOR HOUSING CORPORATION
Tax-exempt · SPARTANBURG, SC 29304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $262,224 | $397,186 | -$134,962 | $1,753,815 | $3,195,293 | -$1,441,478 |
| December 31, 2024 | 990 | $223,020 | $401,483 | -$178,463 | $1,824,692 | $3,131,208 | -$1,306,516 |
| December 31, 2023 | 990 | $227,623 | $308,883 | -$81,260 | $1,909,538 | $3,037,591 | -$1,128,053 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $90,220
- of which government grants
- $90,220
- Program service revenue
- $171,994
- Investment income
- $10
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $66,986
- Salaries, compensation and benefits (total)
- $93,525
- Professional fundraising fees
- $0
- Accounting fees
- $5,983
- Occupancy
- $75,931
- Travel
- $62
- Depreciation
- $96,003
- Program services (functional)
- $342,573
- Management and general (functional)
- $54,613
Balance sheet and other
- Total assets, start of year
- $1,824,692
- Total assets, end of year
- $1,753,815
- Total liabilities, end of year
- $3,195,293
- Net assets, end of year
- -$1,441,478
- Land, buildings and equipment
- $1,664,864
- Net assets without donor restrictions
- -$1,441,478
- Gross receipts
- $262,224
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2002
- State of legal domicile
- SC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MRS CYNTHIA LOUNDS | EXEC DIRECTOR Officer | 1 | $0 | $127,892 |
| MS KATHY E BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALEIGHA BUTLER-TATE | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| DR CEDRICK SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REV JAMES LEWIS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DR PRINCESS PORTER-FOWLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARION HUNTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR PAUL GILLIAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MRS BARBARA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR JOE TRACY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MR JAMES CHEEK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MRS MICHELLE NELSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MS KATHY MILLER | BOARD VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JANNIE SALLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR CAROL MCFADDEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MRS CYNTHIA LOUNDS | EXEC DIRECTOR Officer | 1 | $0 | $128,579 | $5,140 |
| MS KATHY E BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALEIGHA BUTLER-TATE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THE HONORABLE JEROME RICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| REV JAMES LEWIS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MR BARRY DENDY | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARION HUNTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR PAUL GILLIAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MRS BARBARA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR JOE TRACY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR JAMES CHEEK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MRS MICHELLE NELSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MS KATHY MILLER | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CEDRIC SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JANNIE SALLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR CAROL MCFADDEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MRS CYNTHIA LOUNDS | EXEC DIRECTOR Officer | 1 | $0 | $131,091 | $5,389 |
| MS KATHY E BELL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| ALEIGHA BUTLER-TATE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| THE HONORABLE JEROME RICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| REV JAMES LEWIS | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MR BARRY DENDY | BOARD VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARION HUNTER | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR PAUL GILLIAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MRS BARBARA THOMPSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR JOE TRACY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MR JAMES CHEEK | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| MRS MICHELLE NELSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MS KATHY MILLER | BOARD SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| CEDRIC SMITH | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JANNIE SALLEY | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DR CAROL MCFADDEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5374, SPARTANBURG, SC 29304-5374
- In care of
- % VERNON BEATTY
- Principal officer (990 for 2025)
- CYNTHIA LOUNDS, PO BOX 5374, SPARTANBURG, SC 29304
- Signed the 990
- CYNTHIA LOUNDS, EXECUTIVE DIRECTOR
- Phone
- (864) 327-4549
- Website
- WWW.PCASP.ORG
- Return prepared by
- MARTIN SMITH & COMPANY CPAS PA
Mission
TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW-INCOME ELDERLY RESIDENTS.
Program accomplishments
- TO PROVIDE QUALITY HOUSING FOR LOW-INCOME ELDERLY INDIVIDUALS. THE HOUSING PROJECT IS MADE UP OF 45 UNITS AND RENT IS BASED ON INCOME.Expenses $342,573 · revenue $171,994
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 04-3648717
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $1,753,815
- Income (IRS master file)
- $262,224
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $262,224 | $397,186 | $1,753,815 | IRS |
| 990 | December 2024 | $223,020 | $401,483 | $1,824,692 | XML |
| 990 | December 2023 | $227,623 | $308,883 | $1,909,538 | XML |
| 990 | December 2022 | $217,680 | $263,210 | $1,983,221 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990 | December 2016 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3648717).
Questions about POINSETT HOUSE SENIOR HOUSING CORPORATION
- What is the EIN of POINSETT HOUSE SENIOR HOUSING CORPORATION?
- The employer identification number (EIN) of POINSETT HOUSE SENIOR HOUSING CORPORATION is 04-3648717.
- Is POINSETT HOUSE SENIOR HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to POINSETT HOUSE SENIOR HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does POINSETT HOUSE SENIOR HOUSING CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of POINSETT HOUSE SENIOR HOUSING CORPORATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POINSETT HOUSE SENIOR HOUSING CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of POINSETT HOUSE SENIOR HOUSING CORPORATION?
- The 990 for the year ended December 31, 2025 names CYNTHIA LOUNDS.
- Who are the officers and directors of POINSETT HOUSE SENIOR HOUSING CORPORATION?
- The 990 for the year ended December 31, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does POINSETT HOUSE SENIOR HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $262,224, expenses of $397,186 and total assets of $1,753,815 at year end.
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All nonprofits in SPARTANBURG · South Carolina · Housing and shelter