Nonprofit · EIN 63-1205100
YW HOMES INC
Tax-exempt · BIRMINGHAM, AL 35203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $695,824 | $429,601 | $266,223 | $4,578,736 | $4,650,925 | -$72,189 |
| December 31, 2023 | 990 | $251,064 | $537,077 | -$286,013 | $4,796,248 | $5,134,660 | -$338,412 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $27,763
- Program service revenue
- $668,061
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $54,098
- Salaries, compensation and benefits (total)
- $54,098
- Professional fundraising fees
- $0
- Occupancy
- $153,468
- Depreciation
- $160,504
- Program services (functional)
- $409,585
- Management and general (functional)
- $20,016
Balance sheet and other
- Total assets, start of year
- $4,796,248
- Total assets, end of year
- $4,578,736
- Total liabilities, end of year
- $4,650,925
- Net assets, end of year
- -$72,189
- Land, buildings and equipment
- $4,172,475
- Net assets without donor restrictions
- -$100,769
- Net assets with donor restrictions
- $28,580
- Gross receipts
- $695,824
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- AL
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.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MONICA ROMANO JAN 24-JULY 24 | INTERIM CEO Officer | 1 | $0 | $132,535 |
| RASHEDA WORKMANAUG 2024-PRESENT | CEO Officer | 1 | $0 | $62,002 |
| ANDREA MCCASKEY | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JENNY SNEED | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LARHONDA MAGRAS 1123-103123 | CEO Officer | 1 | $0 | $213,687 | $12,844 |
| MONICA ROMANO 51623-PRESENT | INTERIM CEO Officer | 1 | $0 | $59,692 | $540 |
| ANDREA MCCASKEY | VICE PRESIDENT/SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JENNY SNEED | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 309 23RD ST N, BIRMINGHAM, AL 35203-3820
- In care of
- % SUZANNE DURHAM
- Principal officer (990 for 2024)
- RASHEDA WORKMAN, 309 NORTH 23RD STREET, BIRMINGHAM, AL 35203
- Signed the 990
- RASHEDA WORKMAN, CEO
- Phone
- (205) 322-9922
- Website
- WWW.YWCABHAM.ORG
- Return prepared by
- HALEY & WOODS LLP
Mission
TO PROMOTE AND PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME FAMILIES
Program accomplishments
- YW HOMES, INC. IS A HUD RECOGNIZED COMMUNITY HOUSING DEVELOPMENT (CHDO) ORGANIZATION THAT PROVIDES AFFORDABLE RENTAL HOUSING TO LOW/MODERATE INCOME INDIVIDUALS AND FAMILIES.Expenses $409,585 · revenue $668,061
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 63-1205100
- 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
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $4,578,736
- Income (IRS master file)
- $695,824
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $695,824 | $429,601 | $4,578,736 | XML |
| 990 | December 2023 | $251,064 | $537,077 | $4,796,248 | XML |
| 990 | December 2022 | $349,846 | $477,499 | $5,107,020 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 63-1205100).
Questions about YW HOMES INC
- What is the EIN of YW HOMES INC?
- The employer identification number (EIN) of YW HOMES INC is 63-1205100.
- Is YW HOMES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to YW HOMES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YW HOMES 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 YW HOMES 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 YW HOMES 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 YW HOMES INC?
- The 990 for the year ended December 31, 2024 names RASHEDA WORKMAN.
- Who are the officers and directors of YW HOMES INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does YW HOMES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $695,824, expenses of $429,601 and total assets of $4,578,736 at year end.
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