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Nonprofit · EIN 41-2121187

AUSTIN AFFORDABLE HOUSING CORPORATION

Tax-exempt · AUSTIN, TX 78704

Financials

$62M$30.9M2022$34.7M$26.4M2023$46.6M$31.7M2024
Revenue Expenses · by fiscal year end
Financials of AUSTIN AFFORDABLE HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$46,613,937$31,682,743$14,931,194$237,521,248$90,356,236$147,165,012
March 31, 2024990$34,708,843$26,373,372$8,335,471$222,216,659$90,201,443$132,015,216
March 31, 2023990$61,957,926$30,898,966$31,058,960$216,507,483$92,827,738$123,679,745
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$41,537,949
Investment income
$4,534,294
Net gain from sales of assets
$847,472
Other revenue
$541,694

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,578,290
Salaries, compensation and benefits (total)
$3,773,834
Professional fundraising fees
$0
Legal fees
$195,214
Accounting fees
$109,000
Travel
$19,088
Depreciation
$6,342,941
Program services (functional)
$21,586,499
Management and general (functional)
$10,096,244

Balance sheet and other

Total assets, start of year
$222,216,659
Total assets, end of year
$237,521,248
Total liabilities, end of year
$90,356,236
Net assets, end of year
$147,165,012
Land, buildings and equipment
$70,449,570
Gross receipts
$46,643,650
Employees
0
Year formed
2003
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
RON KOWALVICE PRESIDE
Trustee or director, Officer
8$0$250,968
MARY APOSTOLOUDIRECTOR
Trustee or director
1$0$0
CHARLES BAILEYDIRECTOR
Trustee or director
1$0$0
EDWINA CARRINGTONDIRECTOR
Trustee or director
1$0$0
BARBARA CHENTREASURER
Trustee or director, Officer
2$0$0
TYRA DUNCAN-HALLDIRECTOR
Trustee or director
1$0$0
MICHAEL GERBERPRESIDENT/SE
Trustee or director, Officer
2$0$0
CARL RICHIE JRDIRECTOR
Trustee or director
1$0$0
990 for the year ended March 31, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgs
RON KOWALVICE PRESIDE
Trustee or director, Officer
8$0$225,612
MARY APOSTOLOUDIRECTOR
Trustee or director
1$0$0
CHARLES BAILEYDIRECTOR
Trustee or director
1$0$0
EDWINA CARRINGTONDIRECTOR
Trustee or director
1$0$0
BARBARA CHENTREASURER
Trustee or director, Officer
2$0$0
TYRA DUNCAN-HALLDIRECTOR
Trustee or director
1$0$0
MICHAEL GERBERPRESIDENT/SE
Trustee or director, Officer
2$0$0
CARL RICHIE JRDIRECTOR
Trustee or director
1$0$0
990 for the year ended March 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgs
RON KOWALVICE PRESIDE
Trustee or director, Officer
8$0$225,612
MARY APOSTOLOUDIRECTOR
Trustee or director
1$0$0
CHARLES BAILEYDIRECTOR
Trustee or director
1$0$0
EDWINA CARRINGTONDIRECTOR
Trustee or director
1$0$0
BARBARA CHENTREASURER
Trustee or director, Officer
2$0$0
TYRA DUNCAN-HALLDIRECTOR
Trustee or director
1$0$0
MICHAEL GERBERPRESIDENT/SE
Trustee or director, Officer
2$0$0
CARL RICHIE JRDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
1124 S IH 35, AUSTIN, TX 78704-2614
In care of
% HOUSING AUTHORITY F TH CTY AUSTIN
Principal officer (990 for 2024)
RON KOWAL, 1124 S IH 35, AUSTIN, TX 78704
Signed the 990
RON KOWAL, VICE PRESIDENT
Phone
(512) 477-4488
Return prepared by
BERMAN HOPKINS WRIGHT LAHAM CPAS & ASSOC

Mission

TO ENSURE AND PRESERVE QUALITY, AFFORDABLE HOUSING OPPORTUNITIES FOR LOW- TO MODERATE-INCOME FAMILIES IN AUSTIN AS WELL AS PROVIDE FINANCIAL LITERACY AND HOMEOWNERSHIP OPPORTUNITIES.

990 for the year ended March 31, 2025

Program accomplishments

  • PROVIDES SOCIAL AND HUMAN SUPPORT SERVICES, SUCH AS EDUCATIONAL PROGRAMS, TRAINING PROGRAMS, AND FAMILY COUNSELING IN ORDER TO PROMOTE THE HEALTH AND WELFARE OF ITS RESIDENTS AND A DOWN PAYMENT ASSISTANCE PROGRAM TO ASSIST FIRST-TIME HOMEBUYERS WHO ARE RESIDENTS OF PUBLIC HOUSING OR THE HOUSING CHOICE VOUCHER PROGRAM.
    Expenses $21,586,499 · revenue $41,537,949

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

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
41-2121187
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$237,521,248
Income (IRS master file)
$46,643,650

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$46,613,937$31,682,743$237,521,248XML
990March 2024$34,708,843$26,373,372$222,216,659XML
990March 2023$61,957,926$30,898,966$216,507,483XML
990March 2022–––IRS
990March 2021–––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 41-2121187).

Questions about AUSTIN AFFORDABLE HOUSING CORPORATION

What is the EIN of AUSTIN AFFORDABLE HOUSING CORPORATION?
The employer identification number (EIN) of AUSTIN AFFORDABLE HOUSING CORPORATION is 41-2121187.
Is AUSTIN AFFORDABLE HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to AUSTIN AFFORDABLE HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AUSTIN AFFORDABLE HOUSING CORPORATION 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 AUSTIN AFFORDABLE HOUSING CORPORATION due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AUSTIN AFFORDABLE HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of AUSTIN AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended March 31, 2025 names RON KOWAL.
Who are the officers and directors of AUSTIN AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended March 31, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does AUSTIN AFFORDABLE HOUSING CORPORATION have?
On its 990 for the year ended March 31, 2025 it reported revenue of $46,613,937, expenses of $31,682,743 and total assets of $237,521,248 at year end.

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