Nonprofit · EIN 62-1632388
THE HOUSING FUND INC
Tax-exempt · MADISON, TN 37116
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,416,720 | $6,203,982 | -$787,262 | $49,877,910 | $30,090,464 | $19,787,446 |
| September 30, 2024 | 990 | $7,273,374 | $7,970,800 | -$697,426 | $49,314,214 | $28,739,506 | $20,574,708 |
| September 30, 2023 | 990 | $10,564,723 | $4,174,620 | $6,390,103 | $48,556,730 | $27,483,311 | $21,073,419 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $3,109,966
- of which government grants
- $42,609
- Program service revenue
- $1,813,089
- Investment income
- $493,665
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,983,900
- Compensation of officers, directors and key employees
- $981,873
- Other salaries and wages
- $1,126,113
- Salaries, compensation and benefits (total)
- $2,392,311
- Professional fundraising fees
- $0
- Legal fees
- $20,606
- Accounting fees
- $52,972
- Occupancy
- $99,208
- Travel
- $57,927
- Depreciation
- $126,177
- Program services (functional)
- $5,053,110
- Management and general (functional)
- $1,150,872
Balance sheet and other
- Total assets, start of year
- $49,314,214
- Total assets, end of year
- $49,877,910
- Total liabilities, end of year
- $30,090,464
- Net assets, end of year
- $19,787,446
- Land, buildings and equipment
- $1,663,792
- Net assets without donor restrictions
- $17,386,369
- Net assets with donor restrictions
- $2,401,077
- Gross unrelated business income
- $113,261
- Gross receipts
- $5,416,720
- Employees
- 18
- Volunteers
- 15
- Year formed
- 1996
- State of legal domicile
- TN
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHALL CRAWFORD | PRESIDENT/CEO Officer | 40 | $322,800 | $20,839 |
| DAVID PARRISH | EVP & CFO Officer | 40 | $215,676 | $25,548 |
| ANGELA BELCHER | EVP & COO Officer | 40 | $173,174 | $28,906 |
| JOSEPH LACKEY | SVP, CONTROLLER Highest-paid employee | 40 | $131,926 | $7,767 |
| RODRICK L BUTLER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TERA BLOECHER | BOARD VICE-CHAIR/SEC'Y/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| MIGUEL VEGA | BOARD VICE-CHAIR (UNTIL 01/25) Trustee or director, Officer | 1 | $0 | $0 |
| KIM HOLLINGSHEAD ESQ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON CRUTCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELA CURTIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA LEVEEN FARR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL FRAZEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS LESKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP MCCUTCHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH MILES | DIRECTOR Trustee or director | 1 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORRAINE C SHEARON | DIRECTOR Trustee or director | 1 | $0 |
| DERRICK WILLIAMS | DIRECTOR Trustee or director | 1 | $0 |
| MARTHA SILVA | DIRECTOR Trustee or director | 1 | $0 |
| RANDAL HARRELL | DIRECTOR Trustee or director | 1 | $0 |
| CHARMIN A BATES | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHALL CRAWFORD | PRESIDENT/CEO Officer | 40 | $280,797 | $17,745 |
| DAVID PARRISH | CHIEF FINANCIAL OFFICER Officer | 40 | $183,281 | $26,923 |
| ANGELA BELCHER | EVP & COO Officer | 40 | $158,215 | $35,174 |
| ALISHA HADDOCK END 524 | VP- DIR OF CMMTY & ECON DEV Highest-paid employee | 40 | $127,153 | $2,716 |
| KIM HOLLINGSHEAD | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| MIGUEL VEGA | BOARD VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALBERTO D ARECHIGA | BOARD SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TERA BLOECHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RODRICK L BUTLER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RON CRUTCHER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANGELA CURTIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JESSICA LEVEEN FARR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL FRAZEE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DOUGLAS LESKY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP MCCUTCHAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEITH MILES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LORRAINE C SHEARON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD F WARREN JR | DIRECTOR (END 9/24) Trustee or director | 1 | $0 | $0 |
| DERRICK WILLIAMS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended September 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARSHALL CRAWFORD | PRESIDENT/CEO Officer | 40 | $224,941 | $19,034 |
| DAVID PARRISH | CHIEF FINANCIAL OFFICER Officer | 40 | $150,492 | $24,224 |
| ANGELA BELCHER | EVP & COO Officer | 40 | $125,670 | $24,228 |
| ASHLEY PROPST | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALBERTO ARECHIGA | BOARD SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| TERA BLOECHER | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RODRICK BUTLER | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RONALD CRUTCHER | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| ANGELA CURTIS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| JESSICA FARR | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| MICHAEL FRAZEE | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| KIM HOLLINGSHEAD | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| LATRISHA JEMISON | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DOUGLAS LESKY | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| PHILIP MCCUTCHAN | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| KEITH MILES | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| LORRIE SHEARON | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| MIQUEL VEGA | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| RICHARD WARREN | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
| DERRICK WILLIAMS | BOARD OF DIRECTORS Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 657, MADISON, TN 37116-0657
- In care of
- % LORETTA OWENS
- Principal officer (990 for 2024)
- MARSHALL E CRAWFORD JR, PO BOX 657, MADISON, TN 37116
- Signed the 990
- MARSHALL E CRAWFORD JR, PRESIDENT/CEO
- Phone
- (615) 780-7000
- Website
- WWW.THEHOUSINGFUND.ORG
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
THE HOUSING FUND PROVIDES RESOURCES AND CREATIVE LEADERSHIP TO HELP LOW AND MODERATE INCOME INDIVIDUALS AND COMMUNITIES CREATE AND MAINTAIN AFFORDABLE AND HEALTHY PLACES TO LIVE. THE HOUSING FUND MAKES LOW INTEREST HOUSING, DEVELOPMENT AND COMMUNITY DEVELOPMENT LOANS TO INDIVIDUALS, FAMILIES AND DEVELOPERS TO ACQUIRE, CREATE AND MAINTAIN AFFORDABLE AND HEALTHY HOMES AND COMMUNITIES.
Program accomplishments
- DOWNPAYMENT ASSISTANCE PROGRAMS - HELPS LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES IN BECOMING SUCCESSFUL HOMEOWNERS BY PROVIDING DOWN PAYMENT AND CLOSING COST LOANS. ASSISTANCE IS PROVIDED ON A GRADUATED BASIS, DEPENDING ON HOUSEHOLD INCOME. FROM INCEPTION, MORE THAN 4,560 FAMILIES HAVE BEEN ASSISTED IN PURCHASING A HOME, WITH $41,832,000 LENT. IN FY 2025, OVER $2,007,872 WAS LENT AND 82 HOUSEHOLDS SERVED.Expenses $1,680,693 · grants $24,963 · revenue $326,955
- THE HOUSING RESILIENCY FUND IS A GRANT STARTED IN FY21 TO HELP OFFSET THE RECENT PROPERTY TAX INCREASE FOR LOW- TO MODERATE-INCOME HOMEOWNERS IN NASHVILLE. THE PRIMARY OBJECTIVE OF THE HOUSING RESILIENCY FUND IS TO PRESERVE AFFORDABILITY FOR EXISTING HOMEOWNERS. IN FY22, THF EXPANDED THE HOUSING RESILIENCY FUND TO ASSIST LANDLORDS TO HELP PREVENT THE INCREASE IN PROPERTY TAXES FROM BEING PASSED THROUGH TO THE LOW AND MODERATE INCOME TENANTS. DURING THE YEAR, THE HOUSING RESILIENCY FUND SUPPORTED 138 HOUSEHOLDS IN DAVIDSON COUNTY WITH $97,673 IN CURRENT YEAR DISBURSEMENTS TO SUPPORT THE FAMILIES WITH INCOMES AT 100% OR BELOW AMI. IN FY25, THF ASSISTED 49 LANDLORDS WITH PROPERTY TAX GRANTS THAT OFFSET THE PROPERTY TAXES ON 401 UNITS HELPING 741 INDIVIDUALS STAY IN THEIR RENTALS.Expenses $1,611,260 · grants $314,641
- DEVELOPMENT LOAN PROGRAMS - PROVIDES LOANS FOR DEVELOPMENT OF AFFORDABLE HOUSING IN ALL AREAS, AS WELL AS LOANS FOR COMMUNITY FACILITIES IN LOW-TO-MODERATE INCOME TRACTS. FROM INCEPTION, OVER 3,494 AFFORDABLE HOUSING UNITS HAVE BEEN CONSTRUCTED OR REHABILITATED USING FUNDS FROM THE HOUSING FUND, WITH OVER $103,153,000 LENT.Expenses $1,485,238 · grants $1,644,296 · revenue $789,542
- Expenses $275,919 · revenue $583,331
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 62-1632388
- 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
- 1996
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $49,877,910
- Income (IRS master file)
- $5,416,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,416,720 | $6,203,982 | $49,877,910 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $7,273,374 | $7,970,800 | $49,314,214 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $10,564,723 | $4,174,620 | $48,556,730 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $5,575,693 | $4,871,856 | $39,854,411 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 62-1632388).
Questions about THE HOUSING FUND INC
- What is the EIN of THE HOUSING FUND INC?
- The employer identification number (EIN) of THE HOUSING FUND INC is 62-1632388.
- Is THE HOUSING FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to THE HOUSING FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE HOUSING FUND 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 THE HOUSING FUND INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE HOUSING FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of THE HOUSING FUND INC?
- The 990 for the year ended September 30, 2025 names MARSHALL E CRAWFORD JR.
- Who are the officers and directors of THE HOUSING FUND INC?
- The 990 for the year ended September 30, 2025 lists 20 people; 4 received compensation from the organization, the highest $322,800 (MARSHALL CRAWFORD, PRESIDENT/CEO).
- How much revenue does THE HOUSING FUND INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,416,720, expenses of $6,203,982 and total assets of $49,877,910 at year end.
Other nonprofits in MADISON
- COMMUNITY HOMES 33 EIN 92-3704542 · last filed 990-N for 2023
- NEXT CHAPTER HOMES EIN 93-3448546 · last filed 990-N for 2025
- LIONS VISION EIN 26-4556902 · last filed 990-N for 2024
- FAITH COMMUNITY EIN 85-1238533 · last filed 990-N for 2025
- DAVIDSON TRANSIT ORGANIZATION EIN 62-1516937 · last filed 990 for 2025
- CHRISTIAN SCHOOLS INC EIN 62-0725510 · last filed 990 for 2025
- MIDDLE TENNESSEE SCHOOL OF ANESTHESIA INC EIN 58-1494136 · last filed 990 for 2024
- PROJECT REFLECT EIN 62-1563841 · last filed 990 for 2025