2024-08-14T13:20:55-04:00 2023-09-30 631170176 R SCOTT COLE CPA 489 COLUMBUS ST MILLPORT AL 35576 990EZ 2022-10-01 582034686 LAMAR HAVEN INC LAMA 2059328642 1428 SOUTH TEMPLE AVENUE FAYETTE AL 35555 CARLEY SALTERS PROPERTY MANAGER 2059328642 2024-08-14 true false R SCOTT COLE P00960568 2056624408 2024-08-14 X 2022 2024-08-08 14:25:15Z X X N/A X X 33795 X 33777 18 33795 5227 2400 32169 39796 -6001 -159154 -165155 X 3598 8000 8000 145260 137801 153260 149399 312414 314554 -159154 -165155 X GROUP HOME FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. THE OCCUPANCY RATE DURING FYE 9/30/2023 WAS 72.06% GROUP HOME FINANCED PRIMARILY BY A U. S. DEPT OF HUD SECTION 811 CAPITAL ADVANCE AGREEMENT. THE HOME SERVES AS THE RESIDENCE FOR 6 MENTALLY RETARDED PERSONS. TENANTS HAVE THEIR RENTS SUBSIDIZED IN PART BY A SECTION 811 SUBSIDY. DURING FYE 9/30/2022, THE GROUP HOME ENCOUNTERED A 65.33% OCCUPANCY RATE. 30024 30024 CARLEY SALTERS PROPERTY MAN 000.00 0 TONI ROBERTSON PRESIDENT 000.00 0 GREG MOORE BOARD MEMBER 000.00 0 LYNNETTE OGDEN BOARD MEMBER 000.00 0 false false false false false false false false false ARC OF FAY LAM & MARENGO COUNTIES 1428 S TEMPLE AVE FAYETTE AL 35576 2059328489 false false false false false false false false false false false NONE NONE true X 41500 39176 35535 30620 33777 180608 41500 39176 35535 30620 33777 180608 180608 34 29 18 81 34 29 18 81 41500 39176 35569 30649 33795 180689 0.99960 0.99970 0.00000 0.00000 X FORM 990-EZ, PART I, LINE 16 EXPENSES OFFICE SUPPLIES 63 TELEPHONE, INTERNET, & MISC 2,082 PROPERTY & LIAB INSURANCE 2,415 OPERATING & MAINT SUPPLIE 2,068 MAINTENANCE CONTRACTS 315 GARBAGE AND TRASH REMOVAL 5,292 VEHICLE MAINTENANCE 54 MISC MAINTENANCE EXPENSES 1,651 UTILITIES 8,613 NON-INVESTMENT DEPRECIATION 9,616 TOTAL 32,169 FORM 990-EZ, PART II, LINE 24 ACCOUNTS RECEIVABLE 832 50 LAND IMPROVEMENTS 54,173 54,173 BUILDING 308,606 308,606 BUILDING EQPT - PORTABLE 12,567 12,567 FURNITURE FOR PROJECT USE 12,846 12,846 OFFICE FURNITURE AND EQUIPMENT 9,985 9,985 ACCUM DEPPRECIATION, BULK 0 0 LESS ACCUMULATED DEPRECIATION 289,440 299,056 RESTRICTED DEPOSITS 0 0 TENANT SECURITY DEPOSIT ACCT 950 929 INSURANCE ESCROW ACCT 2,465 2,337 RESERVE FOR RELACEMENTS ACCT 21,929 25,012 RESIDUAL RECEIPTS ACCT 10,347 10,352 TOTAL 145,260 137,801 FORM 990-EZ, PART II, LINE 26 ACCOUNTS PAYABLE AND ACCRUED EXPENSES 10,059 12,849 BANK OVERDRAFT 604 0 TENANT SECURITY DEPOSIT LIABILITY 951 905 MORTGAGE AND OTHER NOTES PAYABLE 300,800 300,800 FORM 990-EZ, PART III GROUP HOME FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES. THE OCCUPANCY RATE DURING FYE 9/30/2023 WAS 72.06% FORM 990-EZ, PART III, LINE 28 GROUP HOME FINANCED PRIMARILY BY A U. S. DEPT OF HUD SECTION 811 CAPITAL ADVANCE AGREEMENT. THE HOME SERVES AS THE RESIDENCE FOR 6 MENTALLY RETARDED PERSONS. TENANTS HAVE THEIR RENTS SUBSIDIZED IN PART BY A SECTION 811 SUBSIDY. DURING FYE 9/30/2022, THE GROUP HOME ENCOUNTERED A 65.33% OCCUPANCY RATE.