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Nonprofit · EIN 43-1795330

ATCHISON TERRACE INC

Also known as TERRACE HILLS APARTMENTS

Tax-exempt · KANSAS CITY, MO 64114

Financials

$489K$528K2023$647K$939K2024$492K$595K2025
Revenue Expenses · by fiscal year end
Financials of ATCHISON TERRACE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$492,066$594,597-$102,531$1,238,102$1,980,089-$741,987
December 31, 2024990$646,892$939,143-$292,251$1,409,731$2,049,187-$639,456
December 31, 2023990$489,415$528,013-$38,598$1,528,035$1,875,240-$347,205
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$417,785
of which government grants
$417,785
Program service revenue
$65,552
Investment income
$4,262
Other revenue
$4,467

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$119,182
Salaries, compensation and benefits (total)
$160,856
Professional fundraising fees
$0
Legal fees
$2,943
Accounting fees
$19,178
Occupancy
$273,780
Depreciation
$80,291
Program services (functional)
$480,695
Management and general (functional)
$113,902

Balance sheet and other

Total assets, start of year
$1,409,731
Total assets, end of year
$1,238,102
Total liabilities, end of year
$1,980,089
Net assets, end of year
-$741,987
Land, buildings and equipment
$980,903
Net assets without donor restrictions
-$741,987
Gross receipts
$492,066
Employees
2
Volunteers
6
Year formed
1997
State of legal domicile
KS

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL HALTERMANPRESIDENT
Trustee or director, Officer
1$0
JEROME TILZERVICE PRESIDENT
Trustee or director, Officer
1$0
JESSE GREENLYSECRETARY/TREASURER
Trustee or director, Officer
1$0
BILL FOREMANDIRECTOR
Trustee or director
1$0
GINNY O'MALLEYDIRECTOR
Trustee or director
1$0
LOWELL TILZERDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 8 people
NameTitleHours / weekCompensation
MICHAEL HALTERMANPRESIDENT
Trustee or director, Officer
1$0
JEROME TILZERVICE PRESIDENT
Trustee or director, Officer
1$0
JESSE GREENLYSECRETARY/TREASURER
Trustee or director, Officer
1$0
BILL FOREMANDIRECTOR
Trustee or director
1$0
GINNY O'MALLEYDIRECTOR (AS OF 12/17/24)
Trustee or director
1$0
LOWELL TILZERDIRECTOR
Trustee or director
1$0
MARK COOKDIRECTOR (THRU 6/25/24)
Trustee or director
1$0
PAUL LIVINGSTONDIRECTOR (THRU 6/25/24)
Trustee or director
1$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
MIKE HALTERMANPRESIDENT
Trustee or director, Officer
1$0
BRIAN O'MALLEYVICE PRESIDENT (THRU 09/13/2023)
Trustee or director, Officer
1$0
JESSE GREENLYSECRETARY/TREASURER
Trustee or director, Officer
1$0
TRAVIS EICHELBERGERBOARD MEMBER (THRU 3/23/2023)
Trustee or director
1$0

Address and contacts

Address (IRS master file)
7920 WARD PKWY, KANSAS CITY, MO 64114-2017
In care of
% YARCO COMPANY INC
Principal officer (990 for 2025)
MICHAEL HALTERMAN, 7920 WARD PARKWAY, KANSAS CITY, MO 64114
Signed the 990
MICHAEL HALTERMAN, PRESIDENT
Phone
(816) 561-4240
Return prepared by
CBIZ ADVISORS LLC

Mission

AFFORDABLE HOUSING

990 for the year ended December 31, 2025

Program accomplishments

  • THE ORGANIZATION OPERATES A 54-UNIT APARTMENT COMPLEX IN ATCHISON, KANSAS UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT. THE PROJECT IS REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WITH RESPECT TO RENT CHARGES AND OPERATING METHODS RESULTING FROM THE ORGANIZATION'S HOUSING ASSISTANCE (HAP) CONTRACT.
    Expenses $480,695 · revenue $70,019

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-1795330
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,238,102
Income (IRS master file)
$492,066

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$492,066$594,597$1,238,102XML
990December 2024$646,892$939,143$1,409,731XML
990December 2023$489,415$528,013$1,528,035XML
990December 2022$466,069$484,211$1,569,606IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 43-1795330).

Questions about ATCHISON TERRACE INC

What is the EIN of ATCHISON TERRACE INC?
The employer identification number (EIN) of ATCHISON TERRACE INC is 43-1795330.
Is ATCHISON TERRACE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to ATCHISON TERRACE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ATCHISON TERRACE 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 ATCHISON TERRACE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ATCHISON TERRACE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of ATCHISON TERRACE INC?
The 990 for the year ended December 31, 2025 names MICHAEL HALTERMAN.
Who are the officers and directors of ATCHISON TERRACE INC?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does ATCHISON TERRACE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $492,066, expenses of $594,597 and total assets of $1,238,102 at year end.

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