LIMESTONE SENIOR HOUSING INC
1103 RICHARD ARRINGTON JR BLVD S, BIRMINGHAM, AL 35205 www.spm.net

Total Revenue
$358,862
Total Expenses
$404,821
Net Assets
$1,034,821

Organizations Filed Purposes: PROVIDE LOW INCOME HOUSING TO ELDERLY & DISABLED

LIMESTONE SENIOR HOUSING, INC. D/B/A BRANCH CREEK APARTMENTS (PROJECT) IS A 55-UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN ATHENS, ALABAMA. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) AGREEMENT WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD. DURING THE YEAR ENDED SEPTEMBER 30, 2020, RENTAL REVENUE FROM HUD TOTALED $152,242. RENT SUBSIDY PAYMENTS ARE SUBJECT TO AVAILABILITY OF SUFFICIENT APPROPRIATIONS, AS DETERMINED BY HUD.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Ronnie MarksBOARD MEMBER2$0
Paula AdamsBOARD MEMBER2$0
Dean MorganBOARD MEMBER2$0
Bill LatimerSECRETARY/TREASURER2$0
Helen CarterVICE-PRESIDENT2$0
Betty Ruth OliverPRESIDENT2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202110419349300511_public.xml