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Nonprofit · EIN 42-0993731

COMMUNITY HOUSING INC

Tax-exempt · INDEPENDENCE, IA 50644

Financials

$534K$516K2023$562K$543K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$562,303$543,161$19,142$2,282,343$939,615$1,342,728
December 31, 2023990$533,824$515,822$18,002$2,292,096$968,510$1,323,586
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$560,350
Investment income
$1,523
Other revenue
$430

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$16,118
Occupancy
$238,562
Depreciation
$130,010
Program services (functional)
$459,387
Management and general (functional)
$83,774

Balance sheet and other

Total assets, start of year
$2,292,096
Total assets, end of year
$2,282,343
Total liabilities, end of year
$939,615
Net assets, end of year
$1,342,728
Land, buildings and equipment
$1,447,484
Net assets without donor restrictions
$526,806
Net assets with donor restrictions
$815,922
Gross receipts
$562,303
Employees
0
Year formed
1971
State of legal domicile
IA

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
STEPHANIE BERNSSECRETARY/TR
Trustee or director, Officer
1$0
STEPHANIE CHRISTIANDIRECTOR
Trustee or director
1$0
CRAIG COFFMANPRESIDENT
Trustee or director, Officer
1$0
LUCRETIA MANGRICHDIRECTOR
Trustee or director
1$0
STEVE OHLVICE PRESIDE
Trustee or director, Officer
1$0
TIM REEDDIRECTOR
Trustee or director
1$0
RANDY SCHAFERDIRECTOR
Trustee or director
1$0
SAUNDRA STEPHENSONDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
STEPHANIE BERNSSECRETARY/TR
Trustee or director, Officer
1$0
STEPHANIE CHRISTIANDIRECTOR
Trustee or director
1$0
CRAIG COFFMANPRESIDENT
Trustee or director, Officer
1$0
LUCRETIA MANGRICHDIRECTOR
Trustee or director
1$0
STEVE OHLVICE PRESIDE
Trustee or director, Officer
1$0
TIM REEDDIRECTOR
Trustee or director
1$0
RANDY SCHAFERDIRECTOR
Trustee or director
1$0
SAUNDRA STEPHENSONDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
302 1ST ST E, INDEPENDENCE, IA 50644-2815
In care of
% LARRY KARSTEN TRUST
Principal officer (990 for 2024)
CRAIG COFFMAN, 2144 HORSESHOE DR, INDEPENDENCE, IA 50644
Signed the 990
CRAIG COFFMAN, PRESIDENT
Phone
(319) 334-7110
Return prepared by
HACKER NELSON & CO PC

Mission

HOUSING FOR ELDERLY RURAL RESIDENTS

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE AND OPERATE RENTAL HOUSING UNITS AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME
    Expenses $459,387 · revenue $560,350
  • TO PROVIDE AND OPERATE RENTAL HOUSING UNITS AND RELATED FACILITIES SUITED TO THE SPECIAL NEEDS AND LIVING REQUIREMENTS OF ELDERLY RURAL RESIDENTS OF LOW OR MODERATE INCOME

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
42-0993731
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,282,343
Income (IRS master file)
$562,303

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$562,303$543,161$2,282,343XML
990December 2023$533,824$515,822$2,292,096XML
990December 2022$538,696$579,153$2,207,751IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 42-0993731).

Questions about COMMUNITY HOUSING INC

What is the EIN of COMMUNITY HOUSING INC?
The employer identification number (EIN) of COMMUNITY HOUSING INC is 42-0993731.
Is COMMUNITY HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1972.
Are donations to COMMUNITY HOUSING INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does COMMUNITY HOUSING 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 COMMUNITY HOUSING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY HOUSING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of COMMUNITY HOUSING INC?
The 990 for the year ended December 31, 2024 names CRAIG COFFMAN.
Who are the officers and directors of COMMUNITY HOUSING INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does COMMUNITY HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $562,303, expenses of $543,161 and total assets of $2,282,343 at year end.

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