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Nonprofit · EIN 48-1206434

HOMESTEAD AFFORDABLE HOUSING INC

Tax-exempt · HOLTON, KS 66436

Financials

$1.3M$1.7M2023$1.4M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of HOMESTEAD AFFORDABLE HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,421,276$1,946,148-$524,872$12,063,699$9,131,735$2,931,964
December 31, 2023990$1,315,021$1,690,869-$375,848$11,856,989$9,178,606$2,678,383
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$37,296
Program service revenue
$1,328,234
Investment income
$55,746
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$618,814
Salaries, compensation and benefits (total)
$774,628
Professional fundraising fees
$0
Legal fees
$175
Accounting fees
$11,453
Occupancy
$626,868
Travel
$21,397
Depreciation
$242,810
Program services (functional)
$1,800,302
Management and general (functional)
$145,846

Balance sheet and other

Total assets, start of year
$11,856,989
Total assets, end of year
$12,063,699
Total liabilities, end of year
$9,131,735
Net assets, end of year
$2,931,964
Land, buildings and equipment
$4,573,860
Net assets without donor restrictions
$2,931,964
Gross receipts
$1,421,276
Employees
12
Volunteers
0
Year formed
1998
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, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
THOMAS BISHOPPRESIDENT & CEO
Officer
40$223,200$35,415
JOHN APPELCFO
Trustee or director, Officer
40$82,866$16,668
TRISH MCALLISTER TRIPECHAIRPERSON
Trustee or director, Officer
0.5$0$0
BECKY FASTVICE CHAIR
Trustee or director, Officer
0.5$0$0
RANDY HUGHESMEMBER
Trustee or director
0.5$0$0
CONNIE BROWNSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$0
MARCLARE BELLMEMBER
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
THOMAS BISHOPPRESIDENT & CEO
Officer
40$89,225$30,453
JOHN APPELCFO
Trustee or director, Officer
40$42,735$5,907
MARSHA MOTTOFINANCE OFFICER
Officer
40$23,380$7,364
TRISH MCALLISTER TRIPECHAIRPERSON
Trustee or director, Officer
0.5$0$0
BECKY FASTVICE CHAIR
Trustee or director, Officer
0.5$0$0
RANDY HUGHESMEMBER
Trustee or director
0.5$0$0
CONNIE BROWNSECRETARY/TREASURER
Trustee or director, Officer
0.5$0$0
MARCLARE BELLMEMBER
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
603 PENNSYLVANIA AVE, HOLTON, KS 66436-1849
In care of
% THOMAS A BISHOP
Principal officer (990 for 2024)
JOHN APPEL, 603 PENNSYLVANIA, HOLTON, KS 66436
Signed the 990
JOHN APPEL, CFO
Phone
(785) 364-0110
Return prepared by
CNA TAX PROFESSIONALS INC

Mission

HOMESTEAD AFFORDABLE HOUSING, INC. MISSION IS TO DEVELOP AFFORDABLE HOUSING AND HELP RURAL KANSAS COMMUNITIES ACHIEVE SUSTAINABLE DEVELOPMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • HAH DEVELOPS AND MANAGES AFFORDABLE SENIOR APARTMENT COMMUNITIES IN RURAL TOWNS, FUNDED WITH GRANTS, LOANS AND DONATED LAND. HAH PROVIDES EMERGENCY AND ESSENTIAL REPAIRS FOR LOW INCOME ELDERLY HOUSEHOLDS THROUGH GRANTS AND DONATIONS. HAH IS AN APPROVED ORIGINATOR OF USDA RURAL DEVELOPMENT 502 DIRECT LOANS PROVIDING VERY LOW INTEREST LOANS WITH NO DOWN PAYMENT TO RURAL HOME BUYERS.
    Expenses $1,800,302 · revenue $1,328,234

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
48-1206434
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
1998
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,063,699
Income (IRS master file)
$1,421,276

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,421,276$1,946,148$12,063,699IRS
990December 2023$1,315,021$1,690,869$11,856,989XML
990December 2022$1,378,982$2,552,754$12,702,390IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 48-1206434).

Questions about HOMESTEAD AFFORDABLE HOUSING INC

What is the EIN of HOMESTEAD AFFORDABLE HOUSING INC?
The employer identification number (EIN) of HOMESTEAD AFFORDABLE HOUSING INC is 48-1206434.
Is HOMESTEAD AFFORDABLE HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to HOMESTEAD AFFORDABLE HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMESTEAD AFFORDABLE 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 HOMESTEAD AFFORDABLE 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 HOMESTEAD AFFORDABLE 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 HOMESTEAD AFFORDABLE HOUSING INC?
The 990 for the year ended December 31, 2024 names JOHN APPEL.
Who are the officers and directors of HOMESTEAD AFFORDABLE HOUSING INC?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $223,200 (THOMAS BISHOP, PRESIDENT & CEO).
How much revenue does HOMESTEAD AFFORDABLE HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,421,276, expenses of $1,946,148 and total assets of $12,063,699 at year end.

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