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Nonprofiteer
← SOUTHEAST AFFORDABLE PRESERVATION INC

Form 990 for tax year 2022

Filed by SOUTHEAST AFFORDABLE PRESERVATION INC.

Totals

Total revenue
$1,817,398
Total expenses
$21,072
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$1,812,742
Investment income
$4,656
Other revenue
$0
Total assets, end of year
$1,841,553
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,841,553
Program services expenses (Part IX)
$1,105
Management and general expenses
$19,967
Fundraising expenses
$0
Program service expenses (Part III)
$1,105

Program services were 5.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DARRIN WILLARD

    PRESIDENT

    Total calculated
    $697,434
    From this org
    $0
    From related orgs
    $623,615
    Other
    $73,819
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $597,118 related
    Bonus
    $0
    Other
    $0 + $26,497 related
    Deferred
    $0 + $40,500 related
    Nontaxable benefits
    $0 + $33,319 related
    Filer's total
    $0 + $697,434 related

  • MELISSA VINCENT

    SENIOR VICE PRESIDENT (NOT A DIRECTOR)

    Total calculated
    $375,042
    From this org
    $0
    From related orgs
    $329,064
    Other
    $45,978
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $327,500 related
    Bonus
    $0
    Other
    $0 + $1,564 related
    Deferred
    $0 + $15,731 related
    Nontaxable benefits
    $0 + $30,247 related
    Filer's total
    $0 + $375,042 related

  • DEBORRAH WILLARD

    SECRETARY/TREASURER (NOT A DIRECTOR)

    Total calculated
    $3,203,513
    From this org
    $0
    From related orgs
    $3,098,288
    Other
    $105,225
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $597,118 related
    Bonus
    $0 + $2,500,000 related
    Other
    $0 + $1,170 related
    Deferred
    $0 + $40,500 related
    Nontaxable benefits
    $0 + $64,725 related
    Filer's total
    $0 + $3,203,513 related

  • TARUN CHANDRAN

    GENERAL COUNSEL & ASSISTANT SECRETARY (NOT A DIREC

    Total calculated
    $602,788
    From this org
    $0
    From related orgs
    $556,325
    Other
    $46,463
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $555,465 related
    Bonus
    $0
    Other
    $0 + $860 related
    Deferred
    $0 + $17,313 related
    Nontaxable benefits
    $0 + $29,150 related
    Filer's total
    $0 + $602,788 related

  • JASON ACOSTA

    FORMER VICE PRESIDENT (NOT A DIRECTOR)

    Total calculated
    $131,113
    From this org
    $0
    From related orgs
    $117,017
    Other
    $14,096
    Hours/week
    1 + 39 related

  • SHIGE ITOH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • MIKE BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • TIM HOSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • SAP FELLOWSHIP MANOR LLC

    TO PROVIDE SAFE & AFFORDABLE HOUSING TO LOW INCOME FAMILIES & SENIORS · OR

    Directly controlled by SOUTHEAST AFFORDABLE PRESERVATION INC

  • SAP GOLDEN LINK MANOR LLC

    TO PROVIDE SAFE & AFFORDABLE HOUSING TO LOW INCOME FAMILIES & SENIORS · OR

    Directly controlled by SOUTHEAST AFFORDABLE PRESERVATION INC

  • SAP IOOF TOWER LLC

    TO PROVIDE SAFE & AFFORDABLE HOUSING TO LOW INCOME FAMILIES & SENIORS · OR

    Directly controlled by SOUTHEAST AFFORDABLE PRESERVATION INC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • GOLDEN LINK MANOR INVESTORS LP

    INVESTMENT · RESIDENTIAL RENTAL · CA · 0.01% owned · share of income -$10 · share of assets $72,568 · general or managing partner

  • FELLOWSHIP MANOR LP

    INVESTMENT · RESIDENTIAL RENTAL · CA · 0.01% owned · share of income $863 · general or managing partner

  • IOOF TOWER INVESTORS LP

    INVESTMENT · RESIDENTIAL RENTAL · CA · 0.01% owned · share of income -$11 · share of assets $71,492 · general or managing partner

  • FELLOWSHIP MANOR LIHTC LP

    INVESTMENT · RESIDENTIAL RENTAL · CA · share of income -$34 · share of assets $963,382 · general or managing partner

Provenance

Return type
form_990
Tax year
2022
Filed
12 October 2023
IRS schema version
2022v5.0
Source object
202332869349300733

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