Organizations Filed Purposes:
TO PROVIDE HOUSING TO LOW INCOME RESIDENTS UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT.
SCOTLAND COMMUNITY DEVELOPMENT, INC. WAS INCORPORATED ON JUNE 11, 1965 AS A NOT-FOR-PROFIT, NON-STOCK CORPORATION IN ORDER TO CARRY OUT ITS PURPOSE TO DEVELOP, CONSTRUCT, OWN, MANAGE AND MAINTAIN A 75 UNIT LOW INCOME HOUSING APARTMENT COMPLEX IN POTOMAC, MARYLAND.ON DECEMBER 4, 2017, THE ENTITY SOLD ITS APARTMENT COMPLEX AND RELATED ASSETS TO SCOTLAND TOWNHOMES LIMITED PARTNERSHIP (THE "PARTNERSHIP") FOR $4,500,000. THIS SALE ALSO RESULTED IN THE ENTITY PROVIDING A $4,000,000 LOAN TO THE PARTNERSHIP. THE ENTITY HAS A 20% INTEREST IN SCOTLAND GENERAL PARTNERSHIP, LLC, WHO ARE PART OF THE PARTNERSHIP AND MADE A $200,000 INITIAL INVESTMENT IN THE PARTNERSHIP.SUBSEQUENT TO THE SALE, THE PARTNERSHIP ENTERED INTO A USER AGREEMENT WITH THE STATE OF MARYLAND WHICH ESTABLISHES HUD'S CRANSTON-GONZALEZ NATIONAL AFFORDABLE HOUSING ACT, SECTION 811 PROJECT RENTAL ASSISTANCE DEMONSTRATION PROGRAMS TO PROVIDE RENTAL ASSISTANCE TO PERSONS WITH DISABILITIES AT THE SCOTLAND TOWNHOMES.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Melissa Barrington | DIRECTOR | 0.3 | $0 |
| Virginie Mba Mahakom | DIRECTOR | 0.3 | $0 |
| Fatu Samsumana | DIRECTOR | 0.3 | $0 |
| Jane Houston | DIRECTOR | 0.3 | $0 |
| Donna Boxer | DIRECTOR | 0.3 | $0 |
| Kay Freeman | DIRECTOR | 0.3 | $0 |
| James Watson | DIRECTOR | 0.3 | $0 |
| Amal Fallah | SECRETARY/ DIRECTOR | 0.3 | $0 |
| Diane Quinn Tillery | VICE PRESIDENT/DIRECTOR | 0.3 | $0 |
| Iris Neal | PRESIDENT/DIRECTOR | 0.3 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202033219349311738_public.xml