Karnes Housing Corporation

Organization Overview

Karnes Housing Corporation is located in Karnes City, TX. The organization was established in 1972. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Karnes Housing Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 03/2024, Karnes Housing Corporation generated $385.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $241.1k during the year ending 03/2024. While expenses have increased by 18.9% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

A GROUP OF LOCAL BUSINESS PERSONS PROVIDING AFFORDABLE RESIDENTIAL RENTAL TO ALL ECONOMIC SEGMENTS OF THE LOCAL POPULATION AS WELL AS RENTAL OFFICE SPACE FOR VARIOUS BUSINESSES IN KARNES COUNTY

Describe the Organization's Program Activity:

Part 3 - Line 4a

KARNES HOUSING CORPORATION HAS BEEN ABLE TO PROVIDE AFFORDABLE RENTAL HOUSING TO RESIDENTS PRIMARILY IN RESTRICTED INCOME STATUS AND AFFORDABLE OFFICE SPACE TO VARIOUS BUSINESSES


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Jonathan Schulz II
President
$30,598
Randy Witte
Vice President
$598
David Carrothers
Director
$598
Elfren Moczygemga
Director
$598
Tracy Witte
Director
$598
Kirby Haertner
Director
$598

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $1,888
Tax Exempt Bond Proceeds $0
Royalties $138,102
Net Rental Income $245,256
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $385,246

Peer Organizations

Organization NameAssets
Bella Vista Village Property Owners Association
Bella Vista, AR
$31,813,435
Sienna Plantation Residential Association Inc
Missouri City, TX
$17,573,896
Riverstone Homeowners Association
Sugar Land, TX
$13,065,885
Cinco Residential Property Assn Inc
Katy, TX
$10,957,096
Stonebridge Ranch Community Association Inc
Dallas, TX
$10,439,529
Woodforest Owners Association Inc
Houston, TX
$9,250,345
Towne Lake Community Association Inc
Cypress, TX
$7,527,737
Walden On Lake Conroe Community Improvement Asso
Montgomery, TX
$7,624,895
Castle Hills Master Association Inc
Lewisville, TX
$8,119,949
Aliana Homeowners Association Inc
Houston, TX
$5,753,921
Canyon Falls Master Community Inc
Dallas, TX
$5,993,964
Steiner Ranch Master Association Inc
Austin, TX
$4,537,214
Eagle Springs Community Association Inc
Houston, TX
$3,932,517
New Property Owners Association Of Newport Inc
Crosby, TX
$4,610,466
River Oaks Property Owners Inc
Houston, TX
$5,408,898
Grand Mission Homeowners Association Inc
Katy, TX
$4,193,164
Westwood Shores Property Owners Assoc
Trinity, TX
$4,019,628
Cane Island Community Association
Katy, TX
$3,266,285
Summerwood Community Association Inc
Houston, TX
$3,531,852
Harvest Green Homeowners Association Inc
Houston, TX
$3,886,769
Property Owners Association Of Pointe West Inc
Houston, TX
$3,460,358
Oklahomas Children Our Future Inc
Oklahoma City, OK
$3,430,053
Westheimer Lakes Property Owners Association
Houston, TX
$2,962,845
April Sound Property Owners Association Inc
Montgomery, TX
$2,262,545
Pomona Residential Community Association Inc
Houston, TX
$3,348,614

Create an account to unlock the data you need.

or