Santee Lynches Affordable Housing And Community Development Corp

Organization Overview

Santee Lynches Affordable Housing And Community Development Corp is located in Sumter, SC. The organization was established in 1992. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Santee Lynches Affordable Housing And Community Development Corp employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santee Lynches Affordable Housing And Community Development Corp 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 12/2022, Santee Lynches Affordable Housing And Community Development Corp generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $3.9m during the year ending 12/2022. While expenses have increased by 13.7% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ENHANCE COMMUNITIES BY PROVIDING QUALITY, SAFE, DECENT AND AFFORDABLE HOUSING AND OTHER FORMS OF ECONOMIC OPPORTUNITY THAT BENEFIT LOW INCOME INDIVIDUALS IN OUR 15 COUNTY SERVICE AREA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CDC IS A PRIVATE, INDEPENDENT. COMMUNITY BASED, NOT-FOR-PROFIT WITH A 15 COUNTY SERVICE AREA. SANTEE LYNCHES HAS AN IRS 501(C)3 DESIGNATION AND IS A RECOGNIZED STATE AND LOCAL CHDO. THE FOCUS OF THE ORGANIZATION IS RENEWABLE ENERGY AND INNOVATIVE HOUSING DEVELOPMENT THAT MOVE FAMILES TOWARD HOMEOWNWERSHIP. RENTAL PROGRAM SANTEE-LYNCHES RENTS QUALITY, SAFE, DECENT AND AFFORDABLE APARTMENTS AND HOUSES TO ELIGIBLE LOW TO MODERATE INCOME HOUSEHOLDS. TO BE ELIGIBLE, HOUSEHOLDS MUST FALL WITHIN THE INCOME GUIDELINES ESTABLISHED BY HUD PER HOUSEHOLD SIZE. CONTINUED AT SCHEDULE O


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Board, Officers & Key Employees

Name (title)Compensation
Paul Robbins
Chairperson
$0
Shirley Keels
Secretary/tr
$0
John Clinton
Vice Chairpe
$0
Elijah Dinkins
Board Member
$0
Yvette Thomas
Board Member
$0
Emanuel Simon
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $179,013
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$179,013
Total Program Service Revenue$3,286,167
Investment income $356
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $56,428
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,574,266

Peer Organizations

Organization NameAssets
Choanoke Area Development Assoc
Rich Square, NC
$10,029,317
Association For Retarded Citizens Housing Development Services Inc
Greensboro, NC
$9,672,248
Twin Rivers Opportunities Inc
New Bern, NC
$7,342,759
John Sparks Manor Inc
Union City, GA
$5,675,234
C O R E Programs Inc
Charlotte, NC
$4,032,323
Larry Moore Manor Inc
Union City, GA
$4,277,912
Santee Lynches Affordable Housing And Community Development Corp
Sumter, SC
$3,574,266
Partners In Hope Inc
Loris, SC
$2,733,048
World Outreach Fund
Atlanta, GA
$4,163,405
The Salvation Army Residences Inc
Brookhaven, GA
$3,312,058
Clairmont Oaks Inc
Decatur, GA
$3,745,823
Front Porch Housing
Greenville, SC
$3,057,253
Campbell-Stone North Apartments Inc
Atlanta, GA
$3,723,333
Rhg-Afforable Housing Ii Inc
Atlanta, GA
$3,096,284
Wilmington Area Rebuilding Ministry Inc
Wilmington, NC
$3,839,184
Calvin Court Atlanta Inc
Quitman, GA
$3,946,250
Broadway Towers Inc
Atlanta, GA
$3,394,281
East Carolina Community Development Inc
Beaufort, NC
$2,164,588
Columbia Housing Authority Developments Inc
Columbia, SC
$2,489,052
Habitat For Humanity International Inc
Bluffton, SC
$2,902,305
Jewish Home Tower Inc
Atlanta, GA
$6,908,976
Housing Assistance Corporation
Hendersonville, NC
$2,770,321
Briarcliff Oaks Inc
Atlanta, GA
$2,033,753
Bell House Inc
Greensboro, NC
$6,882
Christian Senior Housing Foundation Inc
Atlanta, GA
$2,579,386

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