Nonprofit · EIN 38-2261258
AUSABLE VALLEY APARTMENTS INC
Tax-exempt · SAGINAW, MI 48603
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $686,023 | $421,536 | $264,487 | $1,424,452 | $1,461,812 | -$37,360 |
| June 30, 2024 | 990 | $528,940 | $467,883 | $61,057 | $1,396,983 | $1,698,830 | -$301,847 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $685,550
- Investment income
- $473
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $50,212
- Salaries, compensation and benefits (total)
- $58,409
- Professional fundraising fees
- $0
- Accounting fees
- $8,651
- Travel
- $1,277
- Depreciation
- $37,504
- Program services (functional)
- $220,076
- Management and general (functional)
- $201,460
Balance sheet and other
- Total assets, start of year
- $1,396,983
- Total assets, end of year
- $1,424,452
- Total liabilities, end of year
- $1,461,812
- Net assets, end of year
- -$37,360
- Land, buildings and equipment
- $1,083,259
- Net assets without donor restrictions
- -$37,360
- Gross receipts
- $686,023
- Employees
- 0
- Volunteers
- 17
- Year formed
- 1979
- State of legal domicile
- MI
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 |
|---|---|---|---|
| KAREN STORCK | DIRECTOR Trustee or director | 0.25 | $0 |
| AMY BENKO | DIRECTOR Trustee or director | 0.25 | $0 |
| PAUL NYQUIST | DIRECTOR (ENDED 4/30/25) Trustee or director | 0.25 | $0 |
| CARL SCHOENOW | DIRECTOR Trustee or director | 0.25 | $0 |
| INGRID DRAPER | DIRECTOR Trustee or director | 0.25 | $0 |
| TOM FOCKLER | DIRECTOR Trustee or director | 0.25 | $0 |
| AL NUECHTERLEIN | DIRECTOR (ENDED 4/30/25) Trustee or director | 0.25 | $0 |
| MAUREEN TIPPEN | DIRECTOR (ENDED 4/30/25) Trustee or director | 0.25 | $0 |
| DIANA ASHLEY | DIRECTOR Trustee or director | 0.25 | $0 |
| REBECCA SCHNEIDER | DIRECTOR Trustee or director | 0.25 | $0 |
| SHIRLEY STURKIN | DIRECTOR Trustee or director | 0.25 | $0 |
| MATT RESCH | CHAIR (ENDED 4/30/25)/PAST CHAIR Trustee or director, Officer | 0.25 | $0 |
| ANDREA LOGAN | SECRETARY Trustee or director, Officer | 0.25 | $0 |
| RITCH CUSHWAY | TREASURER Trustee or director, Officer | 0.25 | $0 |
| PETE BENDER | CHAIR Trustee or director, Officer | 0.25 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DAVID GEHM | PRESIDENT/CEO Trustee or director, Officer | 0.25 | $0 |
| TIMOTHY KALBFLEISCH | SVP/CFO Officer | 0.25 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KAREN STORCK | DIRECTOR Trustee or director | 1 | $0 |
| AMY BENKO | DIRECTOR Trustee or director | 1 | $0 |
| PAUL NYQUIST | DIRECTOR Trustee or director | 1 | $0 |
| CARL SCHOENOW | DIRECTOR Trustee or director | 1 | $0 |
| INGRID DRAPER | DIRECTOR (STARTED 1/1/24) Trustee or director | 1 | $0 |
| TOM FOCKLER | DIRECTOR (STARTED 1/1/24) Trustee or director | 1 | $0 |
| AL NUECHTERLEIN | DIRECTOR (STARTED 1/1/24) Trustee or director | 1 | $0 |
| MAUREEN TIPPEN | DIRECTOR (STARTED 1/1/24) Trustee or director | 1 | $0 |
| ANDREA LOGAN | SECRETARY (STARTED 1/1/24) Trustee or director, Officer | 1 | $0 |
| RITCH CUSHWAY | TREASURER Trustee or director, Officer | 1 | $0 |
| PETE BENDER | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| MATT RESCH | CHAIR (STARTED 1/1/24) Trustee or director, Officer | 1 | $0 |
| DAVID GEHM | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 |
| TIMOTHY KALBFLEISCH | SVP/CFO Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 2825 WIENEKE RD, SAGINAW, MI 48603-2600
- Principal officer (990 for 2024)
- TIMOTHY KALBFLEISCH, 2825 WIENEKE RD, SAGINAW, MI 48603
- Signed the 990
- TIMOTHY KALBFLEISCH, SENIOR VICE PRESIDENT/CFO
- Phone
- (989) 860-8080
- Return prepared by
- MANER COSTERISAN PC
Mission
RENTAL OF HUD SUBSIDIZED APARTMENT BUILDING
Program accomplishments
- RENTAL AND MAINTENANCE OF HUD SUBSIDIZED APARTMENT BUILDING.Expenses $220,076 · revenue $685,550
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
- 38-2261258
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $1,424,452
- Income (IRS master file)
- $686,023
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $686,023 | $421,536 | $1,424,452 | IRS |
| 990 | June 2024 | $528,940 | $467,883 | $1,396,983 | XML |
| 990 | June 2023 | $467,915 | $446,447 | $1,389,426 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 38-2261258).
Questions about AUSABLE VALLEY APARTMENTS INC
- What is the EIN of AUSABLE VALLEY APARTMENTS INC?
- The employer identification number (EIN) of AUSABLE VALLEY APARTMENTS INC is 38-2261258.
- Is AUSABLE VALLEY APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to AUSABLE VALLEY APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AUSABLE VALLEY APARTMENTS 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 AUSABLE VALLEY APARTMENTS 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 AUSABLE VALLEY APARTMENTS 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 AUSABLE VALLEY APARTMENTS INC?
- The 990 for the year ended June 30, 2025 names TIMOTHY KALBFLEISCH.
- Who are the officers and directors of AUSABLE VALLEY APARTMENTS INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does AUSABLE VALLEY APARTMENTS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $686,023, expenses of $421,536 and total assets of $1,424,452 at year end.
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