Nonprofit · EIN 45-2799204
OPTIONS FOR AFFORDABLE HOUSING
Tax-exempt · HOUMA, LA 70363
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | -$642,700 | $174,765 | -$817,465 | $623,032 | $628,312 | -$5,280 |
| June 30, 2024 | 990 | $135,193 | $160,676 | -$25,483 | $1,475,931 | $663,746 | $812,185 |
| June 30, 2023 | 990 | $73,655 | $153,454 | -$79,799 | $1,523,211 | $685,543 | $837,668 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $144,059
- Investment income
- -$786,759
- Net gain from sales of assets
- -$786,759
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,216
- Depreciation
- $38,609
- Program services (functional)
- $166,549
- Management and general (functional)
- $8,216
Balance sheet and other
- Total assets, start of year
- $1,475,931
- Total assets, end of year
- $623,032
- Total liabilities, end of year
- $628,312
- Net assets, end of year
- -$5,280
- Net assets without donor restrictions
- -$5,280
- Gross receipts
- $760,293
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2011
- State of legal domicile
- LA
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 |
|---|---|---|---|
| Roosevelt Thomas | Chairman Trustee or director | 1 | $0 |
| Steven Crispino | Member Trustee or director | 1 | $0 |
| Michael LaRussa | Member Trustee or director | 1 | $0 |
| CKirby Verret | Member Trustee or director | 1 | $0 |
| Sandra Williams | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Roosevelt Thomas | Chairman Trustee or director | 1 | $0 |
| Steven Crispino | Member Trustee or director | 1 | $0 |
| Michael LaRussa | Member Trustee or director | 1 | $0 |
| CKirby Verret | Member Trustee or director | 1 | $0 |
| Sandra Williams | Member Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Roosevelt Thomas | Chairman Trustee or director | 1 | $0 |
| Steven Crispino | Member Trustee or director | 1 | $0 |
| Michael LaRussa | Member Trustee or director | 1 | $0 |
| CKirby Verret | Member Trustee or director | 1 | $0 |
| Sandra Williams | Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8326 MAIN ST, HOUMA, LA 70363-4871
- In care of
- % BARRY CHAUVIN
- Principal officer (990 for 2024)
- Sherl Turner, 8326 Main St 3, Houma, LA 70363
- Signed the 990
- Sherl Turner, Executive Director
- Phone
- (985) 868-2620
- Return prepared by
- Martin & Pellegrin CPA's PC
Mission
To provide affordable housing to low and moderate income persons.
Program accomplishments
- Provides single family residences that are affordable to low and moderate income persons locally. The organization solicts community input, designs appropriate housing units, applies for funding, constructs units and operates and manage the units per funding guidelines.Expenses $166,549 · revenue $144,059
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
- 45-2799204
- 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
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $623,032
- Income (IRS master file)
- $760,293
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | -$642,700 | $174,765 | $623,032 | IRS |
| 990 | June 2024 | $135,193 | $160,676 | $1,475,931 | IRS |
| 990 | June 2023 | $73,655 | $153,454 | $1,523,211 | XML |
| 990 | June 2022 | $162,347 | $137,334 | $1,688,148 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 45-2799204).
Questions about OPTIONS FOR AFFORDABLE HOUSING
- What is the EIN of OPTIONS FOR AFFORDABLE HOUSING?
- The employer identification number (EIN) of OPTIONS FOR AFFORDABLE HOUSING is 45-2799204.
- Is OPTIONS FOR AFFORDABLE HOUSING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to OPTIONS FOR AFFORDABLE HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OPTIONS FOR AFFORDABLE HOUSING 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 OPTIONS FOR AFFORDABLE HOUSING 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 OPTIONS FOR AFFORDABLE HOUSING 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 OPTIONS FOR AFFORDABLE HOUSING?
- The 990 for the year ended June 30, 2025 names Sherl Turner.
- Who are the officers and directors of OPTIONS FOR AFFORDABLE HOUSING?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does OPTIONS FOR AFFORDABLE HOUSING have?
- On its 990 for the year ended June 30, 2025 it reported revenue of -$642,700, expenses of $174,765 and total assets of $623,032 at year end.
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