Community Housing Fund in Irving, Texas (TX)

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Community Housing Fund
Employer Identification Number (EIN)752443182
Name of OrganizationCommunity Housing Fund
In Care of NameRay Price
Address800 W Airport Fwy 1100, Irving, TX 75062
ActivitiesLow income housing
SubsectionCharitable Organization
Ruling Date10/1992
DeductibilityContributions are deductible
FoundationOrganization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period2014
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$3,050,739
Amount of Income$5,681,094
Form 990 Revenue Amount$5,681,094
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Public Housing Facilities


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Amount of income in 2014: $5,681,094
Community Housing Fund: 

 $5,681,094
Other organizations performing similar types of work: 

 $830,011

Assets in 2014: $3,050,739
Community Housing Fund: 

 $3,050,739
Other organizations performing similar types of work: 

 $2,556,923

Expenses in 2013: $133,533
This organization: 

 $133,533
Other organizations performing similar types of work: 

 $814,088

Income to expenses ratio in 2013: 42.5
Community Housing Fund: 

 42.5
Other organizations performing similar types of work: 

 1.0

Expenses allocated to program services in 2002: 88.7%
Community Housing Fund: 

 88.7%
Other organizations performing similar types of work: 

 91.0%

Grants share in income in 2013: 0.0%
Community Housing Fund: 

 0.0%
Other organizations performing similar types of work: 

 0.2%

Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20112013
Total revenue$158,465
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$14,293
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0$0
Gross profit/loss from sales of inventory$0
Other revenue$144,172
Total expenses$133,533
Total net assets$345,259
Excess/Deficit for the year$24,932
Net assets or fund balances at beginning of year$320,327
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$344,759
Balance Sheets
20112013
Total assets$453,606$429,429
Total liabilities$92,908$84,169
Net assets or fund balances$345,259
Other Information
20112013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Section 509(a)(2) (for 2009 - 2013)
2009 - 2013 Total
Public support$729,533
Subtotal$729,533
Gifts, grants, contributions, and membership fees received$0
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$729,533
Gross receipts from activities that are not an unrelated trade or business under section 513$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Less$0
Amounts received from disqualified persons$0
Amounts received from other than disqualified persons that exceed the greater of $5,000 or 1% of the total support$0
Total support$768,937
Public support$729,533
Subtotal$39,404
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$39,404
Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income$0
Revenue, Expenses, and Changes in Net Assets or Fund Balances
200020012002
Total revenue$4,712,674$7,718,290$5,681,094
Contributions, gifts, grants, and similar amounts received$0$0$0
Contributions to donor advised funds
Direct public support$0$0$0
Indirect public support$0$0$0
Government contributions (grants)$0$0$0
Program service revenue including government fees and contracts$4,649,239$7,635,319$5,618,095
Membership dues and assessments$0$0$0
Interest on savings and temporary cash investments$0$0$0
Dividends and interest from securities$0$0$0
Net rental income or (loss)$0$0$0
Gross rents$0$0$0
Less: rental expenses$0$0$0
Other investment income$51,295$52,971$65,804
Gain or (loss) from sales of assets other than inventory$0$0$-2,805
Gross amount from sales of assets other than inventory$0$0$0
Less: cost or other basis and sales expenses$0$0$2,805
Net income or (loss) from special events and activities$0$0$0
Gross revenue$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0
Less: cost of goods sold$0$0$0
Other revenue$12,140$30,000$0
Total expenses$4,098,064$7,101,365$5,067,496
Program services$3,785,345$6,657,365$4,496,125
Management and general$312,719$444,000$571,371
Fundraising$0$0$0
Payments to affiliates$0$0$0
Net assets or fund balances at end of year$1,820,216$2,437,141$3,050,739
Excess or (deficit) for the year$614,610$616,925$613,598
Net assets or fund balances at beginning of year$1,225,604$1,820,216$2,437,141
Other changes in net assets or fund balances$-19,998$0$0
Statement of Functional Expenses (for 2002)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$5,067,496$4,496,125$571,371$0
Grants paid from donor advised funds
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$60,000$0$60,000$0
Compensation of former officers, directors, key employees, etc.
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Salaries and wages of employees not included above$272,082$55,699$216,383$0
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$0$0$0$0
Payroll taxes$24,020$4,261$19,759$0
Professional fundraising fees$0$0$0$0
Accounting fees$0$0$0$0
Legal fees$139,284$0$139,284$0
Supplies$8,536$0$8,536$0
Telephone$18,337$0$18,337$0
Postage and shipping$6,262$0$6,262$0
Occupancy$11,289$0$11,289$0
Equipment rental and maintenance$8,312$0$8,312$0
Printing and publications$0$0$0$0
Travel$35,711$0$35,711$0
Conferences, conventions, and meetings$0$0$0$0
Interest$25,647$0$25,647$0
Depreciation, depletion, etc.$17,727$0$17,727$0
Other expenses not covered above$4,440,289$4,436,165$4,124$0
Balance Sheets
200020012002
Total assets$23,769,823$20,789,803$19,646,536
Cash - non-interest-bearing$212,259$288,530$475,905
Savings and temporary cash investments$722,742$826,845$949,604
Accounts receivable less allowance for doubtful accounts$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0
Grants receivable$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)
Other notes and loans receivable less allowance for doubtful accounts$210,892$334,763$874,294
Inventories for sale or use$22,091,530$19,028,612$17,148,700
Prepaid expenses and deferred charges$0$0$0
Investments - publicly-traded securities
Investments - other securities$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0
Investments - other$0$0$0
Land, buildings, and equipment less accumulated depreciation$77,557$53,036$32,504
Other assets, including program-related investments$454,843$258,017$165,529
Total liabilities$21,949,607$18,352,662$16,595,797
Accounts payable and accrued expenses$362,252$78,315$13,463
Grants payable$0$0$0
Deferred revenue$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0
Tax-exempt bond liabilities$0$0$0
Mortgages and other notes payable$21,431,970$18,073,199$16,394,051
Other liabilities$155,385$201,148$188,283
Total liabilities and net assets/fund balances$23,769,823$20,789,803$19,646,536
Total net assets or fund balances$1,820,216$2,437,141$3,050,739
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
200020012002
Total revenue$0$0$5,681,094
Total revenue, gains, and other support per audited financial statements$0$0$5,681,094
Other expenses$0$0$0
Net unrealized gains on investments$0$0$0
Donated services and use of facilities$0$0$0
Recoveries of prior year grants$0$0$0
Other$0$0$0
Other revenue$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
200020012002
Total expenses$0$0$5,067,496
Total expenses and losses per audited financial statements$0$0$5,067,496
Other revenue$0$0$0
Donated services and use of facilities$0$0$0
Prior year adjustments$0$0$0
Losses$0$0$0
Other$0$0$0
Other expenses$0$0$0
Investment expenses$0$0$0
Other$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings0
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?
Does the organization have a written conflict of interest policy?
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?No
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?
Did the organization acquire a direct or indirect interest in any applicable insurance contract?
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?
Number of employees employed in the pay period that includes March 12, 20060
Analysis of Income-Producing Activities (for 2002)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$0$5,681,094
Program service revenue
Program service revenue 1000000$000$0$3,100,224
Program service revenue 2000000$000$0$2,517,871
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$000$0$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$65,804
Gain or (loss) from sales of assets other than inventory000000$000$0$-2,805
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2002)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2002)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2002)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year
The aggregate value of assets held in all donor advised funds owned at the end of the tax year
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts
The aggregate value of assets held in all funds or accounts included above at the end of the tax year
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that normally receives: less than 1/3 of its support from gross investment income and unrelated taxable business income and more than 1/3 of its support from contribution, membership fees
Support Schedule
199920002001
Total$4,646,827$4,712,674$7,718,290
Gifts, grants, and contributions received$189,336$0$0
Membership fees received$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$4,425,048$4,649,239$7,635,319
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$29,326$51,295$52,971
Net income from unrelated business activities not included above$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0
Other income$3,117$12,140$30,000
Lobbying Expenditures by Electing Public Charities (for 2002)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Alamo Area Mutual Housing Association Inc4100 Piedras Dr East Ste 200, San Antonio, TX 78228TX1991-08$9,045,489
2Community Development Corporation Of Brownsville Inc901 E Levee St, Brownsville, TX 78520-5164TX1975-10$7,879,963
3Community Housing Fund800 W Airport Fwy 1100, Irving, TX 75062TX1992-10$5,681,094
4Merced Housing Texas212 W Laurel, San Antonio, TX 78212-4303TX$5,027,646
5San Antonio Alternative Housing Corporation1515 S Trinity St, San Antonio, TX 78207TX1994-05$2,109,380
6Pasadena Interfaith Housing Foundation Inc2112 Easthaven Dr, Pasadena, TX 77506-5173TX1980-09$1,650,806
7St Marks Towers IncOne Towers Plaza, Brunswick, GA 31520-4461GA1979-12$1,569,853
8Columbus Club Association Of Ysleta Texas Trust7900 Knights, El Paso, TX 79915-4039TX1971-12$1,495,243
9Houston Heights Tower Service Corp2211 Norfolk Street, Houston, TX 77098-4096TX1975-03$1,405,430
10Tg 303 Inc, Casa De Manana Apts8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-12$1,086,690
11San Antonio Newspaper Guild Housing Trust8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX1971-12$745,785
12Tg 110 Inc8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$3,238,697
13Rio Concho Manor Inc401 Rio Concho Drive, San Angelo, TX 76903-5505TX1988-10$1,251,522
14Tg 104 Inc, Bavarian Manor Apts8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$737,935
15T G 107 Inc, Seguin Manor Apts8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$626,345
16Tg 109 Inc, Rio Manor Apts8610 North New Branufels No 500, San Antonio, TX 78217TX2002-11$363,716
17Tg 305 Inc, Meadow Park Village Apartments8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$355,505
18Tg 301 Inc, Sutton Square8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$260,924
19Tg 102 Inc, Oak Manor Apartments8610 N New Braunfels Ave Ste 500, San Antonio, TX 78217-6397TX2002-11$93,279
20Future Opportunities Inc2714 Stone Edge St, San Antonio, TX 78232-4218TX2000-01$0
Number of organizations performing similar types of work
Alaska2
Alabama6
Arkansas3
Arizona12
California98
Colorado15
Connecticut8
District of Columbia5
Delaware2
Florida33
Georgia20
Hawaii13
Iowa10
Idaho3
Illinois33
Indiana7
Kansas4
Kentucky4
Louisiana12
Massachusetts22
Maryland8
Maine7
Michigan22
Minnesota19
Missouri16
Mississippi5
Montana3
North Carolina12
North Dakota2
Nebraska3
New Hampshire1
New Jersey23
New Mexico6
Nevada1
New York76
Ohio46
Oklahoma2
Oregon9
Pennsylvania46
Rhode Island4
South Carolina4
South Dakota4
Tennessee10
Texas36
Utah1
Virginia26
Vermont5
Washington11
Wisconsin12
West Virginia1
Wyoming1
International3
Total737

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