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Nonprofit · EIN 26-1887455

ACRES HOMES GARDEN INC

Also known as Acres Homes Garden Apartments

Tax-exempt · HOUSTON, TX 77074

Financials

$72K$137K2022$87K$160K2023
Revenue Expenses · by fiscal year end
Financials of ACRES HOMES GARDEN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2024990$87,144$160,280-$73,136$1,420,147$292,570$1,127,577
August 31, 2023990$71,553$137,303-$65,750$1,469,110$268,397$1,200,713
Financial details: 990 for the year ended August 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$86,560
Investment income
$584
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$4,434
Salaries, compensation and benefits (total)
$5,100
Professional fundraising fees
$0
Legal fees
$8,127
Accounting fees
$6,600
Occupancy
$51,050
Depreciation
$47,232
Program services (functional)
$145,706
Management and general (functional)
$14,574

Balance sheet and other

Total assets, start of year
$1,469,110
Total assets, end of year
$1,420,147
Total liabilities, end of year
$292,570
Net assets, end of year
$1,127,577
Land, buildings and equipment
$1,340,683
Net assets without donor restrictions
-$849,723
Net assets with donor restrictions
$1,977,300
Gross receipts
$87,144
Employees
1
Year formed
2009
State of legal domicile
TX

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 August 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
ROBERT BUTHORNSECRETARY
Trustee or director, Officer
3$0
MARIA RICHARDSONDIRECTOR
Trustee or director
0.5$0
NEAL SARAHANPRESIDENT
Trustee or director, Officer
5$0
MARK SMITHVP / TREASUR
Trustee or director, Officer
3$0
990 for the year ended August 31, 2023: 4 people
NameTitleHours / weekCompensation
ROBERT BUTHORNSECRETARY
Trustee or director, Officer
3$0
MARIA RICHARDSONDIRECTOR
Trustee or director
0.5$0
NEAL SARAHANPRESIDENT
Trustee or director, Officer
5$0
MARK SMITHVP / TREASUR
Trustee or director, Officer
3$0

Address and contacts

Address (IRS master file)
9401 SOUTHWEST FWY, HOUSTON, TX 77074-1407
In care of
% C/O SAMUEL HOME-MHMRA
Mailing address (990-N for 2009)
1301 Dennis - 2nd Floor - Suite 1, Houston TX 77004
Principal officer (990 for 2023)
NEAL SARAHAN, 12418 NOVA DRIVE, HOUSTON, TX 77077
Principal officer (990-N for 2009)
Alexandria Foote - Board SecTreas, 1301 Dennis - 2nd Floor - Suite 1, Houston TX 77004
Signed the 990
NEAL SARAHAN, PRESIDENT
Phone
(713) 970-7000
Return prepared by
THE ARMSTRONG GROUP PLLC

Mission

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

990 for the year ended August 31, 2024

Program accomplishments

  • PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.
    Expenses $145,706 · revenue $86,560

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026Not on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
26-1887455
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,420,147
Income (IRS master file)
$87,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2024$87,144$160,280$1,420,147XML
990August 2023$71,553$137,303$1,469,110XML
990August 2022$76,026$255,863$1,501,725IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS
990-N for 2009
Officer: Alexandria Foote - Board SecTreas
August 31, 2010≤ $50,000 receipts––e-Postcard

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 26-1887455).

Questions about ACRES HOMES GARDEN INC

What is the EIN of ACRES HOMES GARDEN INC?
The employer identification number (EIN) of ACRES HOMES GARDEN INC is 26-1887455.
Is ACRES HOMES GARDEN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to ACRES HOMES GARDEN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ACRES HOMES GARDEN 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 ACRES HOMES GARDEN INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ACRES HOMES GARDEN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2024.
Who is the principal officer of ACRES HOMES GARDEN INC?
The 990 for the year ended August 31, 2024 names NEAL SARAHAN.
Who are the officers and directors of ACRES HOMES GARDEN INC?
The 990 for the year ended August 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ACRES HOMES GARDEN INC have?
On its 990 for the year ended August 31, 2024 it reported revenue of $87,144, expenses of $160,280 and total assets of $1,420,147 at year end.

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