Assisting Texas With Housing Inc
- Assets
- $22.0m
- Revenue
- $4.6m
- Investments
- $3.6m
- Employees
- 0
- Location
- Austin, TX
- Founding
- 01/1981
- Data as of
- 12/2021
- EIN
- 74-2157304
Organization Overview
Assisting Texas With Housing Inc is located in Austin, TX. The organization was established in 1981. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Assisting Texas With Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Assisting Texas With Housing Inc generated $4.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ATWH, INC PROVIDES HOUSING TO QUALIFIED LOW AND MODERATE INCOME FAMILIES,ELDERLY AND DISABLED HOUSEHOLDS IN TEXAS WHOSE INCOMES ARE NO HIGHER THAN 80% OF THE AREA MEDIAN INCOME.ATWH, INC. ALSO AWARDS EDUCATIONAL SUPPORT SCHOLARSHIPS TO QUALIFIED APPLICANTS WHO ARE RESIDENT MEMBERS OF THE HOUSEHOLDS FOR WHOM HOUSING IS PROVIDED.
Describe the Organization's Program Activity:
PROVIDES DECENT HOUSING FOR PERSONS WITH LOW TO MODERATE INCOMES WITH SUBSIDIES THROUGH SECTION 8 HUD PROGRAMS AT 9 APARTMENT COMPLEXES LOCATED IN CENTRAL AND SOUTH TEXAS OFFERING A COMBINED TOTAL OF 579 UNITS.
EDUCATIONAL SUPPORT SCHOLARSHIPS AWARDED TO QUALIFIED APPLICANTS WHO ARE RESIDENT MEMBERS OF THE HOUSEHOLDS FOR WHOM HOUSING IS PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Mitchell Executive Dir. | Officer | 35 | $43,600 |
Glen Pierce President | OfficerTrustee | 1 | $0 |
Jim Cotton Vice President | OfficerTrustee | 1 | $0 |
Pat Howell Asst Secretary | OfficerTrustee | 1 | $0 |
Pete Correa Asst Treasurer | OfficerTrustee | 1 | $0 |
Mike O'neal Secretary/treas | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Landa Property Management Inc Payroll/acctg | 12/30/21 | $1,188,789 |
Landa Property Management Inc Management | 12/30/21 | $282,699 |
Jhm & Associates Inc Management | 12/30/21 | $148,595 |
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 | $4,164,585 |
| Investment income | $52,478 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $4,581,783 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $156,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $879,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $143,576 |
| Payroll taxes | $70,179 |
| Fees for services: Management | $475,768 |
| Fees for services: Legal | $3,602 |
| Fees for services: Accounting | $163,513 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $331,531 |
| Advertising and promotion | $2,452 |
| Office expenses | $71,494 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,093,163 |
| Travel | $24,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $884,227 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $257,533 |
| Insurance | $4,027 |
| All other expenses | $3,976 |
| Total functional expenses | $4,592,526 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $350,712 |
| Savings and temporary cash investments | $5,401,431 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,445 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $278,960 |
| Net Land, buildings, and equipment | $10,596,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $3,588,526 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,754,190 |
| Total assets | $21,990,420 |
| Accounts payable and accrued expenses | $85,136 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $10,769,690 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $194,919 |
| Total liabilities | $11,049,745 |
| Net assets without donor restrictions | $10,940,675 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $21,990,420 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alamo Area Mutual Housing Association Inc San Antonio, TX | $51,706,215 | $15,020,368 |
Community Development Corporation Of Brownsville Inc Brownsville, TX | $63,084,439 | $14,190,282 |
Merced Housing Texas San Antonio, TX | $50,611,683 | $9,858,961 |
Trinity Affordable Housing Corporation Austin, TX | $27,521,509 | $8,167,693 |
Assisting Texas With Housing Inc Austin, TX | $21,990,420 | $4,581,783 |
Dallas Neighborhood Alliance For Habitat Dallas, TX | $1,401,689 | $4,975,573 |
Tierra Del Sol Housing Corporation Las Cruces, NM | $16,041,382 | $6,574,879 |
Louisiana Housing Assistance Corporation Alexandria, LA | $350,109 | $3,738,733 |
Affordable Community Housing Trust Edmond, OK | $6,149,448 | $2,689,134 |
Lago De Plata Inc Dallas, TX | $0 | $4,971,984 |
St Jude Inc Dallas, TX | $20,844,887 | $6,967,988 |
St Martin De Porres Inc Dallas, TX | $5,546,092 | $2,713,631 |