People Against Drugs Affordable Housing Agency in Dallas, Texas (TX)

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People Against Drugs Affordable Housing Agency
Employer Identification Number (EIN)330473425
Name of OrganizationPeople Against Drugs Affordable Housing Agency
Address511 N Akard St Ste 301, Dallas, TX 75201-6615
SubsectionCharitable Organization
Ruling Date08/1991
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
Tax Period12/2012
Assets$1,000,000 to $4,999,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,370,726
Amount of Income$-2,145,356
Form 990 Revenue Amount$-2,145,356


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Financial snapshot ($)

Support schedule

Statements Regarding Other IRS Filings and Tax Compliance (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2012)
Total revenue$0
Statement of Functional Expenses (for 2012)
Total functional expenses$5,244
Compensation of current officers, directors, trustees, and key employees$0
Other salaries and wages$0
Payroll taxes$0
Professional fundraising services$0
Other$5,244
Balance Sheet (for 2012)
Total assets$1,370,726
Total liabilities$323,701
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$323,701
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$1,047,025
Retained earnings, endowment, accumulated income, or other funds$1,047,025
Reason for Public Charity Status (for 2012)
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
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$2,965,962
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$2,918,555
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
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$47,407
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