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Nonprofit · EIN 27-1338921

WATAUGA COMMUNITY HOUSING TRUST

Tax-exempt (reinstated) · BOONE, NC 28607

Financials

$129K$65K2023$51K$97K2024
Revenue Expenses · by fiscal year end
Financials of WATAUGA COMMUNITY HOUSING TRUST by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990-EZ$50,634$96,757-$46,123$174,650$150,500$24,150
June 30, 2024990-EZ$129,204$65,171$64,033$198,273$128,000$70,273
Financial details: 990-EZ for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$50,634

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$84,071
Other expenses
$12,686
Program services (functional)
$96,757

Balance sheet and other

Total assets, start of year
$198,273
Total assets, end of year
$174,650
Total liabilities, end of year
$150,500
Net assets, end of year
$24,150
Cash, savings and investments
$6,190
Land and buildings
$168,460
Gross receipts
$50,634

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-EZ for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
BENJAMIN LOOMISCHAIR5$0
ROB HOWARDVICE CHAIR1$0
REGINA HARTLEYSECRETARY1$0
LYNN COULTHARDMEMBER1$0
MEREDITH MAIKENMEMBER1$0
JEANNE SUPINTREASURER1$0
AREZOU SADOUGHIMEMBER1$0
KAYLOR MEADMEMBER1$0
LYNNWOOD BROWNMEMBER1$0
ANGELA HAGAMANTREASURER1$0
CHRIS HICEMEMBER1$0
990-EZ for the year ended June 30, 2024: 9 people
NameTitleHours / weekCompensation
BENJAMIN LOOMISCHAIR5$0
ROB HOWARDVICE CHAIR1$0
JOE FURMANMEMBER1$0
LYNN COULTHARDMEMBER1$0
MEREDITH MAIKENMEMBER1$0
JEANNE SUPINMEMBER1$0
AREZOU SADOUGHIMEMBER1$0
KAYLOR MEADMEMBER1$0
LYNNWOOD BROWNMEMBER1$0

Address and contacts

Address (IRS master file)
PO BOX 145, BOONE, NC 28607-0655
In care of
% BENJAMIN LOOMIS
Mailing address (990-N for 2022)
PO Box 145, Boone NC 28607
Principal officer (990-N for 2022)
Benjamin Loomis, 261 Lawrence Greene Road, Deep Gap NC 28618
Signed the 990-EZ
BENJAMIN LOOMIS, CHAIR
Phone
(828) 434-6571
Return prepared by
Misty D Watson CPA PA

Mission

AFFORDABLE HOUSING FOR LOW TO MODERATE

990-EZ for the year ended June 30, 2025

Program accomplishments

  • TO DEVELOP AND MANAGER PERMANENT, SAFE AND AFFORDABLE HOUSING TO PROMOTE FINANCIAL WELLBEING AND ECONOMIC SECURITY FOR LOW TO MODERATE INCOME COMMUNITY MEMBERS.
    Expenses $96,757

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-EZ on file
2023June 30, 2024November 15, 2024990-EZ on file

IRS record

EIN
27-1338921
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
2016
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$174,650
Income (IRS master file)
$50,634

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
March 11, 2013
Reinstated
Effective May 15, 2012

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJune 2025$50,634$96,757$174,650XML
990-EZJune 2024$129,204$65,171$198,273XML
990-N for 2022
Officer: Benjamin Loomis
June 30, 2023≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Joseph Furman
June 30, 2020≤ $50,000 receipts––e-Postcard
990-N for 2018
Officer: Joseph Furman
June 30, 2019≤ $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 27-1338921).

Questions about WATAUGA COMMUNITY HOUSING TRUST

What is the EIN of WATAUGA COMMUNITY HOUSING TRUST?
The employer identification number (EIN) of WATAUGA COMMUNITY HOUSING TRUST is 27-1338921.
Is WATAUGA COMMUNITY HOUSING TRUST tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective May 15, 2012.
Are donations to WATAUGA COMMUNITY HOUSING TRUST tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WATAUGA COMMUNITY HOUSING TRUST 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 WATAUGA COMMUNITY HOUSING TRUST 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 WATAUGA COMMUNITY HOUSING TRUST last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
Who is the principal officer of WATAUGA COMMUNITY HOUSING TRUST?
The 990-N for 2022 names Benjamin Loomis.
Who are the officers and directors of WATAUGA COMMUNITY HOUSING TRUST?
The 990-EZ for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does WATAUGA COMMUNITY HOUSING TRUST have?
On its 990-EZ for the year ended June 30, 2025 it reported revenue of $50,634, expenses of $96,757 and total assets of $174,650 at year end.

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