2025-10-27T00:18:27-05:00 2024-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2024-01-01 742781623 AUSTIN REVITALIZATION AUTHORITY AUST 5124691705 1154 LYDIA STREET 200 AUSTIN TX 78702 GREGORY SMITH PRESIDENT 5124691705 2025-10-24 1 1 TRACY CALAHAN P01548795 5123462086 2025-10-24 2024 2025-03-06 01:10:19Z GREGORY SMITH 1154 LYDIA STREET 200 AUSTIN TX 78702 1063160 0 X WWW.AUSTINREV.ORG X 1995 TX SEE PART III, LINE 1 15 15 5 15 0 0 897324 342708 611005 720447 2 5 9417 0 1517748 1063160 4750 4189 0 0 438980 585523 0 0 0 783986 1032296 1227716 1622008 290032 -558848 5880328 6024073 3316624 4019217 2563704 2004856 TO ENCOURAGE RESIDENTIAL, COMMERCIAL, AND CULTURAL DEVELOPMENT THAT PROMOTES COMMUNITY WELL-BEING, WHILE RESPECTING THE PEOPLE, INSTITUTIONS AND HISTORY OF EAST AUSTIN AND OTHER UNDERSERVED COMMUNITIES. 0 0 1236837 4189 720447 TO EFFECT A COMPREHENSIVE REVITALIZATION OF THE COMMERCIAL CORRIDORS OF TARGETED AREAS IN CENTRAL EAST AUSTIN, TEXAS. AUSTIN REVITALIZATION AUTHORITY (ARA) AND ELEVEN EAST CORPORATION (EEC), IN CONJUCTION WITH THE CITY OF AUSTIN AND THE PRIVATE SECTOR, WILL UTILIZE PUBLIC AND PRIVATE FUNDS TO ENCOURAGE ECONOMIC DEVELOPMENT AND TO COMBAT COMMUNITY DETERIORATION IN THESE TARGETED AREAS. IN ADDITION, OUR MOST RECENT FOCUS IS ON THE DEVELOPMENT AND PRESERVING AFFORDABLE HOUSING BOTH RENTAL AND HOMEOWNERSHIP. 1236837 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 8 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X X X MARTHA VAN VOORHIS 5124691705 1154 LYDIA STREET 200 AUSTIN TX 78702 WILLIS HUNT CHAIRMAN 1.00 1.00 X X 0 0 0 LINDA VON QUINTUS BOARD MEMBER 1.00 X 0 0 0 VERA GIVENS ASSISTANT SECRETARY 1.00 1.00 X X 0 0 0 LAVON MARSHALL BOARD MEMBER 1.00 X 0 0 0 WILLIS ADAMS TREASURER 1.00 1.00 X X 0 0 0 STUART KING BOARD MEMBER 1.00 X 0 0 0 ERIC STANDRIDGE PARLIAMENTARIAN 1.00 1.00 X X 0 0 0 QUINCY DUNLAP ASSISTANT PARLIAMENTARIAN 1.00 1.00 X X 0 0 0 LARRY JACKSON BOARD MEMBER 1.00 X 0 0 0 TAM HAWKINS VICE CHAIR 1.00 1.00 X 0 0 0 NELSON LINDER BOARD MEMBER 1.00 X 0 0 0 DR CHARLES URDY CHAIRMAN EMERITUS 1.00 1.00 X X 0 0 0 WAYNE KNOX SECRETARY 1.00 1.00 X X 0 0 0 DR CONNIE WILLIAMS BOARD MEMBER 1.00 X 0 0 0 CHERELLE VANBRAKLE BOARD MEMBER 1.00 X 0 0 0 GREGORY SMITH PRESIDENT 40.00 2.00 X 213622 0 32988 213622 0 32988 1 0 1 0 JULIUS GARDNER PO BOX 891 DEL VALLE TX 78617 BUILDING CONTRACTOR 155270 1 338000 4708 342708 RENTAL INCOME 900001 361690 361690 PROJECT MANAGEMENT FEE 900001 179724 179724 REIMBURSED EXPENSES 900099 90522 90522 OTHER REVENUE 900099 88511 88511 720447 5 5 1063160 720447 0 5 4189 4189 246610 160296 86314 246262 160071 86191 62725 40771 21954 29926 19452 10474 5598 5598 38458 38458 97643 97643 17767 17767 29490 14745 14745 22770 22770 141058 114047 27011 135668 99786 35882 EQUIPMENT RENTAL AND MA 185710 183100 2610 OPERATING EXPENSES 184906 184906 REAL ESTATE TAXES 136915 108729 28186 BAD DEBT EXPENSE 26332 26332 9981 9981 1622008 1236837 385171 0 648330 113201 3580 785 21170 19075 13682 13339 33790 25678 17341 16341 6899513 1301026 4968019 5598487 126964 197060 47452 40107 5880328 6024073 64492 97692 3196969 3851687 55163 69838 3316624 4019217 X 2502935 1946644 60769 58212 2563704 2004856 5880328 6024073 -558848 0 X X 0 1 X 1 1 1 X 215900 729702 1285000 897324 342708 3470634 463560 485475 579066 611005 720447 2859553 679460 1215177 1864066 1508329 1063155 6330187 0 0 0 6330187 11835 10744 642 2 5 23228 11835 10744 642 2 5 23228 9417 9417 691295 1225921 1864708 1517748 1063160 6362832 0.99490 0.99190 0.00370 0.00650 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1563398 1563398 5222948 1246357 3976591 51883 3489 48394 61284 51180 10104 5598487 TENANT SECURITY DEPOSITS 43259 DEFERRED COMPENSATION 26579 69838 X PART X, LINE 2: THE ORGANIZATION HAS ADOPTED FASB ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. AS OF DECEMBER 31, 2024 AND 2023, THE ORGANIZATIONS HAVE NOT RECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS OR ASSOCIATED INTEREST AND PENALTIES. X 0 0 0 0 0 0 0 0 0 0 0 GREGORY SMITH PRESIDENT 173622 0 40000 0 0 0 32988 0 0 0 246610 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B NO COMMITTEE HAS THE AUTHORITY TO APPROVE AN ITEM, IT ONLY MAKES RECOMMENDATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS AND REVIEWED AND APPROVED BY THE AUDIT AND FINANCE COMMITTEE PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REGULARLY MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY AT EACH MEETING. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE AVAILABLE FOR REVIEW BY THE PUBLIC UPON REQUEST AND AT THE MAIN OFFICE OF THE ORGANIZATION DURING REGULAR BUSINESS HOURS. PART XII, LINE 2C EXPLANATION THE POLICY FOR THE COMMITTEE THAT ASSUMES RESPONSIBILITY OF THE AUDIT OVERSIGHT HAS NOT CHANGED SINCE PRIOR YEAR. 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