Nonprofit · EIN 20-5869855
PROSPECT HOUSING PROPERTIES INC
Tax-exempt · LEBANON, TN 37090
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $66,226 | $87,272 | -$21,046 | $752,650 | $18,026 | $734,624 |
| June 30, 2024 | 990 | $68,864 | $83,013 | -$14,149 | $770,112 | $15,105 | $755,007 |
| June 30, 2023 | 990 | $67,156 | $71,022 | -$3,866 | $787,132 | $17,976 | $769,156 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $23,752
- of which government grants
- $23,752
- Program service revenue
- $42,283
- Investment income
- $191
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $4,391
- Salaries, compensation and benefits (total)
- $5,078
- Professional fundraising fees
- $0
- Accounting fees
- $10,367
- Occupancy
- $21,525
- Depreciation
- $27,100
- Program services (functional)
- $87,272
Balance sheet and other
- Total assets, start of year
- $770,112
- Total assets, end of year
- $752,650
- Total liabilities, end of year
- $18,026
- Net assets, end of year
- $734,624
- Land, buildings and equipment
- $672,097
- Net assets without donor restrictions
- $147,869
- Net assets with donor restrictions
- $586,755
- Gross receipts
- $66,226
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEON WRIGHT | CHAIRMAN Officer | 0 | $0 |
| JOHN PFEIFFER | VICE-CHAIR Officer | 0 | $0 |
| DEANA FARRIS | SECRETARY Officer | 0 | $0 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEON WRIGHT | CHAIRMAN Officer | 0 | $0 |
| JOHN PFEIFFER | VICE-CHAIR Officer | 0 | $0 |
| DEANA FARRIS | SECRETARY Officer | 0 | $0 |
990 for the year ended June 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER BAY | CHAIRMAN Officer | 0 | $0 |
| MARLESE ALLEN | VICE-CHAIR Officer | 0 | $0 |
| LEON WRIGHT | SECRETARY Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 960 MADDOX SIMPSON PKWY, LEBANON, TN 37090-0751
- Principal officer (990 for 2024)
- TIM RYERSON, 960 MADDOX SIMPSON PARKWAY, LEBANON, TN 37090
- Signed the 990
- TIM RYERSON, PRESIDENT & CEO
- Phone
- (615) 444-0597
- Return prepared by
- DEMPSEY VANTREASE & FOLLIS PLLC
Mission
TO PROVIDE GROUP HOME LIVING FACILITIES TO PEOPLE WITH DEVELOPMENTAL DISABILITIES.
Program accomplishments
- SUPPORTED LIVING HOMESTHREE SUPPORTED LIVING HOMES ARE PROVIDED TO PEOPLE WITH DEVELOPMENTAL DISABILITIES IN WILSON COUNTY, TENNESSEE. THE HOMES ARE DESIGNED TO BE HANDICAPPED ACCESSIBLE AND AFFORDABLE FOR PEOPLE ON FIXED INCOMES. THE FUNDING FOR THESE HOMES WAS PROVIDED THROUGH A GRANT FROM HUD.Expenses $87,272 · revenue $66,035
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5869855
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P73)
- Assets (IRS master file)
- $752,650
- Income (IRS master file)
- $66,226
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $66,226 | $87,272 | $752,650 | IRS |
| 990 | June 2024 | $68,864 | $83,013 | $770,112 | XML |
| 990 | June 2023 | $67,156 | $71,022 | $787,132 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5869855).
Questions about PROSPECT HOUSING PROPERTIES INC
- What is the EIN of PROSPECT HOUSING PROPERTIES INC?
- The employer identification number (EIN) of PROSPECT HOUSING PROPERTIES INC is 20-5869855.
- Is PROSPECT HOUSING PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to PROSPECT HOUSING PROPERTIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does PROSPECT HOUSING PROPERTIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PROSPECT HOUSING PROPERTIES INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PROSPECT HOUSING PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PROSPECT HOUSING PROPERTIES INC?
- The 990 for the year ended June 30, 2025 names TIM RYERSON.
- Who are the officers and directors of PROSPECT HOUSING PROPERTIES INC?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does PROSPECT HOUSING PROPERTIES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $66,226, expenses of $87,272 and total assets of $752,650 at year end.
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