2025-11-03T10:31:58-06:00 2024-12-31 752599166 FARMER FUQUA & HUFF PC 2435 N CENTRAL EXPRESSWAY STE 700 RICHARDSON TX 75080 990 2024-01-01 760588137 INDEPENDENCE HALL MUTUAL HOUSING ASSOC INDE 6178996297 6 BURRESS STREET HOUSTON TX 77022 WILLIAM ELSBREE AUTHORIZED AGENT 6178896297 2025-10-23 1 0 ELANA HUGHES P00745717 2144738000 2025-10-21 2024 2025-03-06 01:10:19Z WILLIAM ELSBREE 6 BURRESS STREET HOUSTON TX 77022 1495633 0 X N/A X 1998 TX THE ASSOCIATION WAS FORMED FOR THE PURPOSE OF IMPROVING THE OVERALL COMMUNITY STABILITY THROUGH THE DEVELOPMENT OF MUTUAL HOUSING OWNERSHIP AND MANAGEMENT OF HOUSING AS AN AFFORDABLE ALTERNATIVE FOR LOW INCOME FAMILIES. 3 3 12 3 0 0 0 0 1418126 1495632 32 1 0 0 1418158 1495633 0 0 0 0 374567 366768 0 0 0 1212640 1248521 1587207 1615289 -169049 -119656 822046 721014 1152919 1171543 -330873 -450529 THE ASSOCIATION WAS FORMED FOR THE PURPOSE OF IMPROVING THE OVERALL COMMUNITY STABILITY THROUGH THE DEVELOPMENT OF MUTUAL HOUSING OWNERSHIP AND MANAGEMENT OF HOUSING AS AN AFFORDABLE ALTERNATIVE FOR LOW INCOME FAMILIES. 0 0 1615289 1495633 OPERATING A 292 UNIT MULTI-FAMILY HOUSING PROJECT IN HOUSTON, TEXAS, PROVIDING A QUALITY, AFFORDABLE, AND SECURE HOUSING ENVIRONMENT FOR LOW INCOME FAMILIES. ALSO, EDUCATIONAL ACTIVITIES ARE PROVIDED WITH REGARD TO THE MUTUAL HOUSING FORM OF ORGANIZATION. 1615289 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 12 1 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 X WILLIAM ELSBREE 6178996297 6 BURRESS STREET HOUSTON TX 77022 X RICH SANKER PRESIDENT 1.00 X X 0 0 0 DIANA JONES TREASURER 1.00 X X 0 0 0 ELIZABETH MOFFETT SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 MULTI-FAMILY UNITS 531110 1463229 1463229 OTHER INCOME 900099 32403 32403 1495632 1 1 1495633 1495633 0 0 309475 309475 31081 31081 26212 26212 78000 78000 18000 18000 4526 4526 511686 511686 26217 26217 111195 111195 208895 208895 REPAIRS AND MAINTENANCE 212261 212261 GENERAL AND ADMINISTRAT 45290 45290 RESIDENT SERVICES 32451 32451 1615289 1615289 0 0 23284 4443 15219 5199 72457 75497 5390609 4769857 673803 620752 37283 15123 822046 721014 80420 40451 824081 825462 248418 305630 1152919 1171543 X -330873 -450529 -330873 -450529 822046 721014 -119656 0 X 1 X 1 X 1 0 X 56233 56233 1342982 1332603 1391022 1418126 1495632 6980365 1342982 1388836 1391022 1418126 1495632 7036598 0 0 0 7036598 100 46 63 32 1 242 100 46 63 32 1 242 1343082 1388882 1391085 1418158 1495633 7036840 1.00000 0.99960 0.00000 0.00040 X 212000 212000 5178609 4769857 408752 620752 PREPAID RENT 6840 TENANT DEPOSITS LIABILITY 102630 NOTE PAYABLE - SHORT TERM 57370 ACCRUED PAYROLL LIABILITIES 13314 OTHER ACCRUED EXPENSES 78654 ACCRUED INTEREST 46822 305630 X 1495633 0 1495633 0 1495633 1615289 0 1615289 0 1615289 PART X, LINE 2: NO FEDERAL INCOME TAX PROVISION HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS SINCE THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ASSOCIATION IS ALSO EXEMPT FROM STATE AND LOCAL FRANCHISE AND PROPERTY TAXES. MANAGEMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH WOULD REQUIRE ADJUSTMENTS TO OR DISCLOSURES IN THE FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO EXAMINATION OF ITS INFORMATION RETURNS FOR THE PRIOR THREE YEARS BUT HAS NOT RECEIVED ANY SUCH NOTICE FROM THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS REVIEW THE FINANCIAL INFORMATION WHICH IS THE SAME INFORMATION THAT COMPRISES THE TAX RETURN INFORMATION. FORM 990, PART VI, SECTION B, LINE 12 MONITORING IS CONDUCTED DURING BOARD OF DIRECTORS MEETINGS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.