TEXAS STATE AFFORDABLE HOUSING CORPORATION: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS STATE AFFORDABLE HOUSING CORPORATION (EIN 74-2746185)
- Tax period
- 2013-09-01 to 2014-08-31
- Filed
- 2015-07-15
- IRS object ID
- 201511969349301316
- Schema version
- 2013v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2015-07-15T13:00:31-05:00 | ReturnTs |
| Tax Period End | 2014-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742900215 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAXWELL LOCKE & RITTER LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVENUE SUITE 1100 | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 787019682 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742746185 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS STATE AFFORDABLE HOUSING CORPORATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 5124773555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 EAST MLK JR BLVD | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78702 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH BAYLESS | PersonNm |
| Person Title | EXECUTIVE VICE PRESIDENT | PersonTitleTxt |
| Phone | 5124773555 | PhoneNum |
| Signature | 2015-07-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SEAN HOLCOMB | PreparerPersonNm |
| PTIN | P01249221 | PTIN |
| Phone | 5123703200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAVID LONG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 EAST MLK JR BLVD | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78702 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,398,931 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TSAHC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | PROVIDE LOWER INCOME TEXANS WITH HOUSING FINANCE OPTIONS, AND SERVE SPECIFIC WORKFORCE INDIVIDUALS UNDER HOME-LOAN PROGRAMS CREATED BY THE TEXAS LEGISLATURE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 18 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $7,179,786 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,491,656 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,907,043 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $6,821,963 | CYProgramServiceRevenueAmt |
| PY Investment Income | $9,751,221 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,039,537 | CYInvestmentIncomeAmt |
| PY Other Revenue | $11,601 | PYOtherRevenueAmt |
| CY Other Revenue | $90,769 | CYOtherRevenueAmt |
| PY Total Revenue | $22,849,651 | PYTotalRevenueAmt |
| CY Total Revenue | $16,443,925 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $300,000 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,542,054 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,667,473 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $114,571 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $14,891,526 | PYOtherExpensesAmt |
| CY Other Expenses | $12,134,276 | CYOtherExpensesAmt |
| PY Total Expenses | $16,433,580 | PYTotalExpensesAmt |
| CY Total Expenses | $14,101,749 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $6,416,071 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,342,176 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $236,796,898 | TotalAssetsBOYAmt |
| Total Assets EOY | $191,251,434 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $204,922,322 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $159,849,800 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $31,874,576 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $31,401,634 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE ORGANIZATION' S PRIMARY EXEMPT PURPOSE IS TO SERVE THE NEEDS OF LOWER INCOME TEXANS NOT AFFORDED HOUSING FINANCE OPTIONS THROUGH CONVENTIONAL LENDING SOURCES, AND TO SERVE CERTAIN TEACHERS, PROFESSIONAL EDUCATORS, POLICE OFFICERS, AND FIRE FIGHTERS UNDER HOME-LOAN PROGRAMS CREATED BY THE TEXAS LEGISLATURE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $9,588,027 | ExpenseAmt |
| Grant | $300,000 | GrantAmt |
| Revenue | $11,365,905 | RevenueAmt |
| Desc | SINGLE-FAMILY PROGRAM - PROVIDES BELOW MARKET 30-YEAR FIXED RATE MORTGAGE LOANS TO ELIGIBLE FIRST-TIME HOMEBUYERS IN TEXAS; PROVIDES DOWN PAYMENT ASSISTANCE TO HOME BUYERS; PROVIDES GRANTS FOR THE CONSTRUCTION OR IMPROVEMENT OF SINGLE FAMILY HOUSING IN TEXAS; PROVIDES COUNSELING FOR HOMEOWNERS WHO ARE IN DANGER OF FORECLOSURE. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $2,703,867 | ExpenseAmt |
| Revenue | $628,783 | RevenueAmt |
| Desc | THE ORGANIZATION COORDINATES AN INITIATIVE TO PROVIDE LOW AND NO-COST HOUSING TO U.S. MILITARY VETERANS WHO ARE DISABLED OR LOW-INCOME. THE INITIATIVE IS FUNDED PRIMARILY THROUGH THE DONATION OF FORECLOSED HOMES FROM BANK OF AMERICA AND OTHER MORTGAGE SERVICERS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $317,625 | ExpenseAmt |
| Desc | THE ORGANIZATION, PARTICIPATING WITH THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS, WAS AWARDED NEIGHBORHOOD STABILIZATION (NSP) FUNDS DURING 2009/2010. THE GOAL OF NSP IS TO HELP STABILIZE COMMUNITIES HARDEST HIT BY FORECLOSURES BY WORKING WITH LOCALLY BASED NONPROFIT AND GOVERNMENT AGENCIES TO ACQUIRE AND REHABILITATE FORECLOSED HOMES AND VACANT LAND PROPERTIES. THESE PROPERTIES WILL THEN BE INHABITED BY LOW-INCOME INDIVIDUALS AND FAMILIES. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $852,709 | ExpenseAmt |
| Revenue | $2,932,833 | RevenueAmt |
| Desc | EXPENSES REVENUEASSET OVERSIGHT AND COMPLIANCE 268,467 434,475 MULTI-FAMILY HOUSING SUPPORT & FINANCING 281,961 1,754,424LOAN SERVICING PROGRAM 302,281 743,934 | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $852,709 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $2,932,833 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $13,462,228 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 28 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 18 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELINDA SMITH | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5124773555 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2200 EAST MLK JR BLVD | AddressLine1 |
| City | AUSTIN | City |
| State | TX | State |
| ZIP Code | 78702 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| ROBERT JONES | |||||||
| CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM DIETZ | |||||||
| VICE CHAIR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JERRY ROMERO | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GERRY EVENWEL | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEJANDRO MEADE III | |||||||
| MEMBER | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID W LONG | |||||||
| PRESIDENT | 40.00 | $147,654 | $0 | $20,805 | Yes (X) | ||
| ELIZABETH L BAYLESS | |||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | $132,131 | $0 | $24,174 | Yes (X) | ||
| MELINDA GAY SMITH | |||||||
| CHIEF FINANCIAL OFFICER | 40.00 | $116,624 | $0 | $17,050 | Yes (X) | ||
| TIMOTHY ALMQUIST | |||||||
| SINGLE FAMILY COMPLIANCE MANAGER | 40.00 | $187,072 | $0 | $35,238 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $583,481 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $97,267 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BROOK COMMUNITY DEVELOPMENT | |||||
| 2320 DURANGO RIDGE | BEDFORD | TX | 76021 | CONSTRUCTION | $839,315 |
| EL PASO COLLABORATIVE FOR CED | |||||
| 616 N VIRGINIA SUITE D | EL PASO | TX | 79902 | CONSTRUCTION | $188,760 |
| AFFORDABLE HOMES OF SOUTH TEXAS | |||||
| 1420 ERIE AVENUE | MCALLEN | TX | 78501 | CONSTRUCTION | $178,524 |
| WOMAN INC | |||||
| 1919 DECATUR PO BOX 571898 | HOUSTON | TX | 77257 | CONSTRUCTION | $162,340 |
| GREENBERG TRAURIG | |||||
| 2101 L STREET NW SUITE 1000 | WASHINGTON | DC | 20037 | LEGAL SERVICES | $161,582 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $232,640 | GovernmentGrantsAmt |
| All Other Contributions | $1,259,016 | AllOtherContributionsAmt |
| Noncash Contributions | $909,550 | NoncashContributionsAmt |
| Total Contributions | $1,491,656 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| SINGLE FAMILY LOAN INCOME AND SER | 900099 | $3,534,377 | $3,534,377 |
| MULTIFAMILY LOAN INCOME AND SERVI | 900099 | $1,541,543 | $1,541,543 |
| OTHER LOAN SERVICING AND ISSUER F | 900099 | $743,934 | $743,934 |
| ASSET OVERSIGHT/COMPLIANCE FEES | 900099 | $434,475 | $434,475 |
| INTEREST INCOME-MF PROGRAM LOANS | 900099 | $212,881 | $212,881 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $354,753 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $354,753 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $6,821,963 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,748 | TotalRevenueColumnAmt |
| Exclusion | $24,748 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $7,386,006 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,386,006 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $104,170 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $13,401 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $90,769 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $90,769 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $90,769 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $2,570,388 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $1,941,605 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $628,783 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $628,783 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $628,783 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,443,925 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $14,927,521 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $24,748 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,000 | TotalAmt |
| Program Services | $300,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $442,893 | TotalAmt |
| Program Services | $360,783 | ProgramServicesAmt |
| Management And General | $64,852 | ManagementAndGeneralAmt |
| Fundraising | $17,258 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,175,587 | TotalAmt |
| Program Services | $957,638 | ProgramServicesAmt |
| Management And General | $172,139 | ManagementAndGeneralAmt |
| Fundraising | $45,810 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,993 | TotalAmt |
| Program Services | $39,910 | ProgramServicesAmt |
| Management And General | $7,174 | ManagementAndGeneralAmt |
| Fundraising | $1,909 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,999 | TotalAmt |
| Program Services | $35,008 | ProgramServicesAmt |
| Management And General | $17,042 | ManagementAndGeneralAmt |
| Fundraising | $1,949 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $177,569 | TotalAmt |
| Program Services | $169,050 | ProgramServicesAmt |
| Management And General | $7,645 | ManagementAndGeneralAmt |
| Fundraising | $874 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,370 | TotalAmt |
| Program Services | $54,697 | ProgramServicesAmt |
| Management And General | $26,627 | ManagementAndGeneralAmt |
| Fundraising | $3,046 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $436,027 | TotalAmt |
| Program Services | $355,189 | ProgramServicesAmt |
| Management And General | $63,847 | ManagementAndGeneralAmt |
| Fundraising | $16,991 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,727 | TotalAmt |
| Program Services | $91,976 | ProgramServicesAmt |
| Management And General | $14,136 | ManagementAndGeneralAmt |
| Fundraising | $1,615 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,434 | TotalAmt |
| Program Services | $69,001 | ProgramServicesAmt |
| Management And General | $33,591 | ManagementAndGeneralAmt |
| Fundraising | $3,842 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,207 | TotalAmt |
| Program Services | $46,163 | ProgramServicesAmt |
| Management And General | $22,473 | ManagementAndGeneralAmt |
| Fundraising | $2,571 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $104,595 | TotalAmt |
| Program Services | $84,225 | ProgramServicesAmt |
| Management And General | $18,279 | ManagementAndGeneralAmt |
| Fundraising | $2,091 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,332 | TotalAmt |
| Program Services | $14,478 | ProgramServicesAmt |
| Management And General | $7,048 | ManagementAndGeneralAmt |
| Fundraising | $806 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,847,804 | TotalAmt |
| Program Services | $6,847,804 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $123,880 | TotalAmt |
| Program Services | $80,311 | ProgramServicesAmt |
| Management And General | $39,097 | ManagementAndGeneralAmt |
| Fundraising | $4,472 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $84,728 | TotalAmt |
| Program Services | $54,929 | ProgramServicesAmt |
| Management And General | $26,740 | ManagementAndGeneralAmt |
| Fundraising | $3,059 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| ACT PROGRAM EXPENSES | $2,076,614 | $2,076,614 | |
| BOND FEES AND PROGRAM F | $622,241 | $622,241 | |
| DPA PROGRAM EXPENSES | $514,994 | $514,994 | |
| GRANT ADMINISTRATION EX | $434,301 | $426,534 | $7,767 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,454 | TotalAmt |
| Program Services | $260,683 | ProgramServicesAmt |
| Management And General | $4,260 | ManagementAndGeneralAmt |
| Fundraising | $511 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,101,749 | TotalAmt |
| Program Services | $13,462,228 | ProgramServicesAmt |
| Management And General | $524,950 | ManagementAndGeneralAmt |
| Fundraising | $114,571 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,768,804 | BOYAmt |
| EOY | $927,384 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,875,212 | BOYAmt |
| EOY | $12,375,704 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $515,811 | BOYAmt |
| EOY | $276,394 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,339 | BOYAmt |
| EOY | $68,467 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,972,870 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $489,449 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,543,574 | BOYAmt |
| EOY | $1,483,421 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,480,132 | BOYAmt |
| EOY | $155,457,319 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,033,859 | BOYAmt |
| EOY | $19,961,280 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,512,167 | BOYAmt |
| EOY | $701,465 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,796,898 | BOYAmt |
| EOY | $191,251,434 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $334,519 | BOYAmt |
| EOY | $1,977,818 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,502,616 | BOYAmt |
| EOY | $381,847 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $158,019,203 | BOYAmt |
| EOY | $149,904,058 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,481,992 | BOYAmt |
| EOY | $6,196,729 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,550,000 | BOYAmt |
| EOY | $1,050,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,033,992 | BOYAmt |
| EOY | $339,348 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $204,922,322 | BOYAmt |
| EOY | $159,849,800 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,621,689 | BOYAmt |
| EOY | $17,634,119 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,252,887 | BOYAmt |
| EOY | $13,767,515 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,874,576 | BOYAmt |
| EOY | $31,401,634 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $236,796,898 | BOYAmt |
| EOY | $191,251,434 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,342,176 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $165,508 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$2,980,626 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,846,032 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $3,549,289 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,941,233 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $7,179,786 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,491,656 | CurrentTaxYearAmt |
| Total | $16,007,996 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $13,593,062 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $13,550,714 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,143,928 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $15,642,984 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,940,921 | CurrentTaxYearAmt |
| Total | $71,871,609 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,439,094 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,100,003 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,085,161 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,822,770 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,432,577 | CurrentTaxYearAmt |
| Total | $87,879,605 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $87,879,605 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,616 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,229 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,924 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,748 | CurrentTaxYearAmt |
| Total | $175,443 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,616 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,229 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $28,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,924 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,748 | CurrentTaxYearAmt |
| Total | $175,443 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $15,487,710 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $17,130,232 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,114,087 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,865,694 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $16,457,325 | CurrentTaxYearAmt |
| Total | $88,055,048 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.99800 | PublicSupportCY509Pct |
| Public Support PY509 | 0.99700 | PublicSupportPY509Pct |
| Investment Income CY | 0.00200 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00290 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $232,240 | OtherCostOrOtherBasisAmt |
| Book Value | $232,240 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,289,876 | OtherCostOrOtherBasisAmt |
| Depreciation | $200,424 | DepreciationAmt |
| Book Value | $1,089,452 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $59,504 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,975 | DepreciationAmt |
| Book Value | $7,529 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $391,250 | OtherCostOrOtherBasisAmt |
| Depreciation | $237,050 | DepreciationAmt |
| Book Value | $154,200 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,483,421 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (4 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| DOWN PAYMENT ASSISTANCE LOAN PROGRAM | $4,999,086 | C |
| MORTGAGE LOANS RECEIVABLE | $760,447 | C |
| MORTGAGE NOTES RECEIVABLE | $4,978,728 | C |
| OWNED REAL ESTATE, FED. PROGRAM | $9,223,019 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $19,961,280 | TotalBookValueProgramRltdAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| OTHER CURRENT LIABILITIES | $69,174 |
| MULTIFAMILY CUSTODIAL RESERVES | $270,174 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $339,348 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,989,900 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $165,508 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $13,401 | OtherRevenueAmt |
| Revenue Not Reported | $178,909 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,810,991 | RevenueSubtotalAmt |
| Other Revenues Not Included | $1,632,934 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $1,632,934 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $16,443,925 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $12,482,216 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $13,401 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $13,401 | ExpensesNotReportedAmt |
| Expenses Subtotal | $12,468,815 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $1,632,934 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $1,632,934 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $14,101,749 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE CORPORATION, A NON-PROFIT CORPORATION OPERATING UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, IS GENERALLY EXEMPT FROM FEDERAL INCOME TAXES AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE CORPORATION IS CLASSIFIED AS A NON-PROFIT ORGANIZATION OTHER THAN A PRIVATE FOUNDATION. TAX RETURNS FOR THE PAST THREE YEARS ARE OPEN TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITION TAKEN AND AS SUCH DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE REQUIRED TO BE REPORTED IN THESE FINANCIAL STATEMENTS. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 13,401. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | SERVICING FEES NETTED WITH REVENUE FOR AUDIT 76,910. UNCOLLECTIBLE AMOUNTS REPORTED NET OF FEE INCOME FOR AUDIT 514,994. ISSUER FEES NETTED WITH PROGRAM EXPENSES FOR AUDIT 514,316. LAND BANK FEE INCOME NETTED WITH EXPENSES FOR AUDIT 279,371. CLOSING COST REVENUE NETTED WITH EXPENSES FOR AUDIT 247,343. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSES 13,401. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | SERVICING FEES NETTED WITH REVENUE FOR AUDIT 76,910. UNCOLLECTIBLE AMOUNTS REPORTED NET OF FEE INCOME FOR AUDIT 514,994. ISSUER FEES NETTED WITH PROGRAM EXPENSES FOR AUDIT 514,316. LAND BANK FEE INCOME NETTED WITH EXPENSES FOR AUDIT 279,371. CLOSING COST REVENUE NETTED WITH EXPENSES FOR AUDIT 247,343. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (16 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| FOUNDATION COMMUNITIES | |||||||
| 3036 S 1ST STREET | AUSTIN | TX | 78704 | 742563260 | 501(C)(3) | $30,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| AUSTIN HABITAT FOR HUMANITY | |||||||
| 310 COMAL STREET SUITE 100 | AUSTIN | TX | 78702 | 742373217 | 501(C)(3) | $30,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| MOTIVATION EDUCATION AND TRAINING INC | |||||||
| PO BOX 1838 | NEW CANEY | TX | 77357 | 741604560 | 501(C)(3) | $30,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| COMMUNITY PARTNERSHIP FOR THE HOMELESS DBA GREEN DOORS | |||||||
| 1503 S IH-35 | AUSTIN | TX | 78741 | 742582369 | 501(C)(3) | $20,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| INTERFAITH ACTION OF CENTRAL TEXAS (IACT) | |||||||
| 2921 E 17TH ST 3 | AUSTIN | TX | 78702 | 742509149 | 501(C)(3) | $20,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| NEW HOPE HOUSING INC | |||||||
| 1117 TEXAS AVENUE | HOUSTON | TX | 77002 | 731419279 | 501(C)(3) | $20,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| ALAMO AREA DEVELOPMENT CORPORATION | |||||||
| 8700 TESORO DRIVE SUITE 700 | SAN ANTONIO | TX | 78217 | 742772667 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| BUCKNER CHILDREN AND FAMILY SERVICES INC | |||||||
| 700 NORTH PEARL ST SUITE 1200 | DALLAS | TX | 75201 | 752571395 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| COMMUNITY DEVELOPMENT CORPORATION OF BROWNSVILLE | |||||||
| 901 E LEVEE STREET | BROWNSVILLE | TX | 78520 | 741835777 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| EASTER SEALS CENTRAL TEXAS | |||||||
| 1611 HEADWAY CIR | AUSTIN | TX | 78754 | 750808811 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| GALILEE COMMUNITY DEVELOPMENT CORPORATION | |||||||
| 1404 S OAKES ST | SAN ANGELO | TX | 76903 | 752865291 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| HABITAT FOR HUMANITY OF SMITH COUNTY | |||||||
| 822 W FRONT STREET | TYLER | TX | 75702 | 752285678 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| LIFEWORKS | |||||||
| 3700 S 1ST STREET | AUSTIN | TX | 78704 | 311753071 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| MY FATHERS HOUSE LUBBOCK | |||||||
| 1510 S LOOP 289 | LUBBOCK | TX | 79412 | 752914146 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| VINCARE SERVICES OF AUSTIN FOUNDATION | |||||||
| 2026 GUADALUPE STREET | AUSTIN | TX | 78705 | 742968167 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| THE WOMENS HOME | |||||||
| 607 WESTHEIMER ROAD | HOUSTON | TX | 77006 | 741467811 | 501(C)(3) | $15,000 | GRANT TO SUPPORT AFFORDABLE HOUSING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 16 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | ALL GRANT CONTRACTS ARE MONITORED VERY CLOSELY TO ENSURE THAT FUNDS OR PROPERTY ARE USED IN EXACTLY THE MANNER AND FOR THE PURPOSE REQUIRED BY THE DONOR. SEPARATE SUBSIDIARY LEDGERS ARE KEPT FOR ALL GRANT FUNDS. MOST REQUIRE MONTHLY, QUARTERLY OR ANNUAL REPORTING. ALL GRANT FUNDS ARE MAINTAINED SEPARATELY IN THE CORPORATION'S ACCOUNTING RECORDS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (3 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DAVID W LONG | ||||||||||||||
| PRESIDENT | $147,654 | $0 | $0 | $0 | $0 | $0 | $17,050 | $0 | $3,755 | $0 | $168,459 | $0 | $0 | $0 |
| ELIZABETH L BAYLESS | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $132,131 | $0 | $0 | $0 | $0 | $0 | $18,924 | $0 | $5,250 | $0 | $156,305 | $0 | $0 | $0 |
| TIMOTHY ALMQUIST | ||||||||||||||
| SINGLE FAMILY COMPLIANCE MANAGER | $187,072 | $0 | $0 | $0 | $0 | $0 | $27,551 | $0 | $7,687 | $0 | $222,310 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| A | 742746185 | 88271HCL1 | 2005-10-25 | $20,970,475 | (2005-B) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| B | 742746185 | 88271HCN7 | 2006-02-28 | $24,999,450 | (2006-A) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| C | 742746185 | 88271HCS6 | 2006-06-15 | $24,999,300 | (2006-B) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| D | 742746185 | 88271HCT4 | 2006-10-17 | $24,998,050 | (2006-C) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Refunding EscrowRefundingEscrowAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $20,970,475 | $8,165,862 | $20,970,475 | 2006 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $24,999,450 | $24,999,450 | 2007 | 0 | 0 | Yes (1) | Yes (1) | ||
| C | $24,999,300 | $24,616,020 | 2007 | 0 | 0 | Yes (1) | Yes (1) | $383,280 | |
| D | $24,998,050 | $24,998,050 | 2007 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PALLAS CAPITAL | |||||||||||
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 1.960000000000 | Yes (1) | 0 | Yes (1) |
| RABOBANK | |||||||||||
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 1.780000000000 | Yes (1) | 0 | Yes (1) |
| BAYERISCHE | |||||||||||
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 1.310000000000 | Yes (1) | 0 | Yes (1) |
| TRANSAMERICA | |||||||||||
| D | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 1.390000000000 | Yes (1) | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
| D | 0 |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PART IV, LINE 2C | A - DATE OF THE REBATE COMPUTATION PERFORMED: 10/25/2010 B - DATE OF THE REBATE COMPUTATION PERFORMED: 02/28/2011 C - DATE OF THE REBATE COMPUTATION PERFORMED: 06/15/2011 D - DATE OF THE REBATE COMPUTATION PERFORMED: 10/17/2011 NOTE: REGARDING THE BOND ISSUES LISTED IN A THROUGH D ABOVE, THESE ARE "QUALIFIED MORTGAGE BONDS" ISSUED PURSUANT TO SECTION 143 OF THE INTERNAL REVENUE CODE BY TEXAS STATE AFFORDABLE HOUSING CORPORATION ("TSAHC") IN ITS CAPACITY AS AN "ON BEHALF OF" GOVERNMENTAL ISSUER PURSUANT TO ITS AUTHORITY UNDER TEXAS LAW (SUBCHAPTER Y OF CHAPTER 2306, OF THE TEXAS GOVERNMENT CODE, AS AMENDED). SUCH BOND ISSUES ARE NOT "QUALIFIED 501(C)(3) BONDS" ISSUED FOR THE BENEFIT OF TSAHC AS A 501 (C)(3) ORGANIZATION. |
| SCHEDULE K, PART IV, LINE 2C | A - DATE OF THE REBATE COMPUTATION PERFORMED: 02/22/2012 B - DATE OF THE REBATE COMPUTATION PERFORMED: 06/20/2012 C - DATE OF THE REBATE COMPUTATION PERFORMED: 05/02/2012 D - DATE OF THE REBATE COMPUTATION PERFORMED: 09/19/2012 NOTE: REGARDING THE BOND ISSUES LISTED IN A THROUGH D ABOVE, THESE ARE "QUALIFIED MORTGAGE BONDS" ISSUED PURSUANT TO SECTION 143 OF THE INTERNAL REVENUE CODE BY TEXAS STATE AFFORDABLE HOUSING CORPORATION ("TSAHC") IN ITS CAPACITY AS AN "ON BEHALF OF" GOVERNMENTAL ISSUER PURSUANT TO ITS AUTHORITY UNDER TEXAS LAW (SUBCHAPTER Y OF CHAPTER 2306, OF THE TEXAS GOVERNMENT CODE, AS AMENDED). SUCH BOND ISSUES ARE NOT "QUALIFIED 501(C)(3) BONDS" ISSUED FOR THE BENEFIT OF TSAHC AS A 501 (C)(3) ORGANIZATION. |
| SCHEDULE K, PART IV, LINE 2C | A - DATE OF THE REBATE COMPUTATION PERFORMED: 10/30/2012 NOTE: REGARDING THE BOND ISSUES LISTED IN A THROUGH D ABOVE, THESE ARE "QUALIFIED MORTGAGE BONDS" ISSUED PURSUANT TO SECTION 143 OF THE INTERNAL REVENUE CODE BY TEXAS STATE AFFORDABLE HOUSING CORPORATION ("TSAHC") IN ITS CAPACITY AS AN "ON BEHALF OF" GOVERNMENTAL ISSUER PURSUANT TO ITS AUTHORITY UNDER TEXAS LAW (SUBCHAPTER Y OF CHAPTER 2306, OF THE TEXAS GOVERNMENT CODE, AS AMENDED). SUCH BOND ISSUES ARE NOT "QUALIFIED 501(C)(3) BONDS" ISSUED FOR THE BENEFIT OF TSAHC AS A 501 (C)(3) ORGANIZATION. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| A | 742746185 | 88271HCV9 | 2007-02-22 | $37,187,500 | (2007A-1) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| B | 742746185 | 88271HCX5 | 2007-06-20 | $39,562,188 | (2007A-3) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| C | 742746185 | 88271HCU1 | 2007-05-02 | $24,999,563 | (2007C) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| D | 742746185 | 88271HDA4 | 2007-09-19 | $24,998,183 | (2007B) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Refunding EscrowRefundingEscrowAmt |
|---|---|---|---|---|---|---|---|---|---|
| A | $37,187,500 | $262,500 | $36,925,000 | 2008 | Yes (1) | 0 | Yes (1) | Yes (1) | |
| B | $39,562,188 | $39,562,188 | 2008 | 0 | 0 | Yes (1) | Yes (1) | $39,562,188 | |
| C | $24,999,563 | $176,468 | $24,823,095 | 2008 | 0 | 0 | Yes (1) | Yes (1) | |
| D | $24,998,183 | $213,373 | $24,784,810 | 2010 | 0 | 0 | Yes (1) | Yes (1) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd | Business Name Line2GICProviderName/BusinessNameLine2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRANSAMERICA | ||||||||||||
| A | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 1.800000000000 | Yes (1) | 0 | Yes (1) | |
| PALLAS CAPITAL | ||||||||||||
| B | Yes (1) | 0 | 0 | Yes (1) | 1.640000000000 | Yes (1) | 0 | Yes (1) | ||||
| ROYAL BANK OF | ||||||||||||
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | Yes (1) | 1.600000000000 | Yes (1) | 0 | Yes (1) | CANADA |
| PALLAS CAPITAL | ||||||||||||
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 1.470000000000 | Yes (1) | 0 | Yes (1) | |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
| D | 0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| A | 742746185 | 88271HDG1 | 2007-10-30 | $24,998,877 | 2007D) QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| B | 742746185 | 88271HEK1 | 2011-02-24 | $55,560,711 | 2009A/2011A QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
| TEXAS STATE AFFORDABLE HOUSING CORPORATION | ||||||||
| C | 742746185 | 88271HEH9 | 2011-12-15 | $32,334,640 | 2009B/2011B QUALIFIED MORTGAGE BONDS | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Refunding EscrowRefundingEscrowAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $24,998,877 | $192,987 | $24,805,890 | 2008 | 0 | 0 | Yes (1) | Yes (1) | ||
| B | $55,560,711 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) | $33,000,000 | $22,560,711 | ||
| C | $32,334,640 | $13,134,640 | 2011 | Yes (1) | 0 | Yes (1) | Yes (1) | $19,200,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DEPFA | |||||||||||
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | Yes (1) | 1.610000000000 | Yes (1) | 0 | Yes (1) |
| (no name) | |||||||||||
| B | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | ||
| (no name) | |||||||||||
| C | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) | ||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | 0 |
| B | 0 |
| C | 0 |
Schedule M IRS990ScheduleM
Real Estate Residential RealEstateResidentialGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 29 | ContributionCnt |
| Noncash Contributions Rpt F990 | $909,550 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | BROKER PRICE OPINION | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A DRAFT COPY OF FORM 990 IS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION REQUIRES EACH BOARD MEMBER, KEY EMPLOYEE AND MEMBER OF MANAGEMENT TO SIGN A CONFLICT OF INTEREST STATEMENT. MANAGEMENT REVIEWS THESE POLICIES EACH YEAR AND REPORTS THE RESULTS TO THE BOARD FOR THEIR CONSIDERATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD REVIEWS COMPENSATION FOR THE PRESIDENT ANNUALLY. COMPARABLE DATA IS ACQUIRED FROM LIKE AGENCIES. ANY SALARY ADJUSTMENT IS APPROVED BY THE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE AT ITS CORPORATE OFFICES UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | PRIOR PERIOD ADJUSTMENT - EXPENSING OF PRIOR YEAR BOND ISSUANCE COSTS DUE TO IMPLEMENTATION OF GASB STATEMENT 65 -2,980,626. |
| FORM 990, PART XI, LINE 2C: | THE PROCESS OF SELECTING AN INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS HAS NOT CHANGED FROM THE PRIOR YEAR. |