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Nonprofit · EIN 42-1487279

BUCHANAN HOUSING INC

Tax-exempt · INDEPENDENCE, IA 50644

Financials

$122K$135K2021$124K$134K2022$126K$135K2023$149K$132K2024
Revenue Expenses · by fiscal year end
Financials of BUCHANAN HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$149,299$131,654$17,645$624,423$185,433$438,990
June 30, 2024990$125,702$134,838-$9,136$637,088$215,743$421,345
June 30, 2023990$124,259$134,145-$9,886$675,736$245,255$430,481
June 30, 2022990$122,164$134,631-$12,467$713,750$273,383$440,367
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,308
Program service revenue
$128,653
Investment income
$19,338
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,475
Occupancy
$50,201
Depreciation
$48,519
Program services (functional)
$131,654

Balance sheet and other

Total assets, start of year
$637,088
Total assets, end of year
$624,423
Total liabilities, end of year
$185,433
Net assets, end of year
$438,990
Land, buildings and equipment
$393,312
Gross receipts
$149,299
Employees
0
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
TAMMY FENNERTreasurer
Trustee or director
0$0
DAWN VOGELChairman
Trustee or director
0$0
SHERRI KAVALIERVice President
Trustee or director
0$0
GREG BECKERPresident
Officer
0$0
ANDREW ISLEYChairman
Officer
0$0
JULIE DAVISONSecretary
Officer
0$0
PAT KAYSERVice President
Officer
0$0
990 for the year ended June 30, 2024: 8 people
NameTitleHours / weekCompensation
TAMMY FENNERChairman
Trustee or director
0$0
DAWN VOGELChairman
Trustee or director
0$0
SHERRI KAVALIERChairman
Trustee or director
0$0
GREG BECKERPresident
Officer
0$0
NANCY MURPHYVice President
Officer
0$0
ANNA MARIE CATTSecretary
Officer
0$0
JULIE DAVISONTreasurer
Officer
0$0
PAT KAYSERVice President
Officer
0$0
990 for the year ended June 30, 2023: 7 people
NameTitleHours / weekCompensation
TAMMY FENNERChairman
Trustee or director
0$0
DAWN VOGELChairman
Trustee or director
0$0
GREG BECKERPresident
Officer
0$0
ANNA MARIE CATTSecretary
Officer
0$0
JULIE DAVISONTreasurer
Officer
0$0
NANCY MURPHYVice President
Officer
0$0
PAT KAYSERVice President
Officer
0$0
990 for the year ended June 30, 2022: 6 people
NameTitleHours / weekCompensation
GREG BECKERPresident
Officer
0$0
ANNA MARIE CATTSecretary
Officer
0$0
JULIE DAVISONTreasurer
Officer
0$0
NANCY MURPHYVice President
Officer
0$0
RALPH KREMERChairman
Officer
0$0
PAT KAYSERVice President
Officer
0$0

Address and contacts

Address (IRS master file)
210 5TH AVE NE, INDEPENDENCE, IA 50644-1959
In care of
% GLEN MESKIMEN
Signed the 990
GREG BECKER, President
Phone
(319) 310-0973
Return prepared by
RFSW & Co CPAs PC

Mission

TO PROVIDE LOW COST HOUSING FOR PEOPLE WITH MENTAL DISABILITIES. THE AGENCY OWNS THREE DUPLEXES IN INDEPENDENCE, IOWA, ONE DUPLEX IN WINTHROP, IOWA, ONE DUPLEX IN JESUP, IOWA, AND ONE DUPLEX IN FAIRBANK, IOWA. EACH DUPLEX HAS TWO APARTMENTS AND EACH APARTMENT HAS TWO BEDROOMS.

990 for the year ended June 30, 2025

Program accomplishments

  • THERE ARE THREE DUPLEXES IN INDEPENDENCE, IOWA WHICH HOUSE A TOTAL OF 12 TENANTS. ONE DUPLEX IN WINTHROP, IOWA HOUSES 4 TENANTS, A DUPLEX IN JESUP, IOWA HOUSES 4 TENANTS, AND ANOTHER DUPLEX IN FAIRBANK, IOWA HOUSES 4 TENANTS. ALL OF THE DUPLEXES EXCEPT THE FAIRBANK, IOWA DUPLEX AND ONE INDEPENDENCE, IOWA DUPLEX WERE BUILT WITH LOANS FROM THE USDA, AND THE LOANS ARE PAYABLE FROM TENANT'S RENTAL INCOME. THE FAIRBANK, IOWA DUPLEX WAS BUILT WITH EXISTING CASH BALANCES AND A LOAN FROM FAIRBANK STATE BANK. THE INDEPENDENCE, IOWA DUPLEX PURCHASED IN 2011 WAS PAID FOR WITH EXISTING CASH BALANCES, GRANTS, AND A LOAN FROM BANKIOWA WHICH IS A LOCAL FINANCIAL INSTITUTION. EACH TENANT RECEIVES HUD ASSISTANCE WHICH HELPS PAY THEIR PORTION OF THE RENT. THE APARTMENTS ARE CURRENTLY BEING RENTED BY TENANTS WHO HAVE BEEN DIAGNOSED AS HAVING A MENTAL DISABILITY. THE COUNTY MENTAL HEALTH ADVOCATE PERFORMS SCREENINGS OF THE INDIVIDUALS WHO WOULD QUALIFY FOR THE HOUSING AND MAKES REFERENCES TO THE ORGANIZATION FOR POTENTIAL TENANTS WHO HAVE A MENTAL IMPAIRMENT. THIS HOUSING IS AN ALTERNATIVE TO A GROUP HOME SETTING FOR THE INDIVIDUALS. THEY HAVE MORE FREEDOM AND CAN CHOOSE SERVICES THAT BETTER MEET THEIR INDIVIDUAL NEEDS.THE EXPENSES ASSOCIATED WITH THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION ARE MAINLY DUE TO INTEREST EXPENSE ON THE USDA AND BANK LOANS, DEPRECIATION EXPENSE OF THE DUPLEXES, AND OCCUPANCY EXPENSES (INCLUDING MAINTENANCE, UPKEEP, AND UTILITIES) FOR THE DUPLEXES.
    Expenses $131,654 · revenue $147,991

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 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
42-1487279
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
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$624,423
Income (IRS master file)
$149,299

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025–––IRS
990June 2024$125,702$134,838$637,088IRS
990June 2023$124,259$134,145$675,736IRS
990June 2022–––IRS
990June 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about BUCHANAN HOUSING INC

What is the EIN of BUCHANAN HOUSING INC?
The employer identification number (EIN) of BUCHANAN HOUSING INC is 42-1487279.
Is BUCHANAN HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to BUCHANAN HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BUCHANAN 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 BUCHANAN HOUSING 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 BUCHANAN HOUSING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who are the officers and directors of BUCHANAN HOUSING INC?
The 990 for the year ended June 30, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does BUCHANAN HOUSING INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $149,299, expenses of $131,654 and total assets of $624,423 at year end.

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