Nonprofit · EIN 63-1241037
EUFAULA HOUSING DEVELOPMENT INC
Tax-exempt · EUFAULA, AL 36072
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $763,802 | $755,309 | $8,493 | $8,588,237 | $5,433,495 | $3,154,742 |
| December 31, 2023 | 990 | $477,428 | $450,001 | $27,427 | $7,646,622 | $4,500,373 | $3,146,249 |
| December 31, 2021 | 990 | $100,659 | $65,960 | $34,699 | $2,086,451 | $1,243,673 | $842,778 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,022
- Program service revenue
- $542,633
- Investment income
- $35,589
- Net gain from sales of assets
- $29,896
- Other revenue
- $171,558
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $80,934
- Salaries, compensation and benefits (total)
- $84,336
- Professional fundraising fees
- $0
- Accounting fees
- $15,510
- Occupancy
- $9,221
- Travel
- $141
- Depreciation
- $184,353
- Program services (functional)
- $658,146
- Management and general (functional)
- $97,163
Balance sheet and other
- Total assets, start of year
- $7,646,622
- Total assets, end of year
- $8,588,237
- Total liabilities, end of year
- $5,433,495
- Net assets, end of year
- $3,154,742
- Land, buildings and equipment
- $7,580,805
- Publicly traded securities
- $105,602
- Net assets without donor restrictions
- $3,154,742
- Gross receipts
- $862,501
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2000
- 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 | Other / benefits |
|---|---|---|---|---|---|
| TOM WACHS | SECRETARY Officer | 1 | $0 | $167,610 | $27,374 |
| GARRY GARRISON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEREK THOMAS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JERRY STANLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHIL CLAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TOM WACHS | SECRETARY Officer | 1 | $0 | $145,085 | $27,979 |
| GARRY GARRISON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DEREK THOMAS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JERRY STANLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| PHIL CLAYTON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LARRY THOMAS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2021: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| TOM WACHS | SECRETARY Officer | 1 | $0 | $147,024 | $22,694 |
| GARRY GARRISON | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LARRY THOMAS | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JERRY STANLEY | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SIDNEY CHAPMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| DEREK THOMAS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 36, EUFAULA, AL 36072-0036
- In care of
- % THOMAS D WACHS
- Principal officer (990 for 2024)
- GARRY GARRISON, PO BOX 36, EUFAULA, AL 360720036
- Signed the 990
- TOM WACHS, SECRETARY/EXECUTIVE DIRECTOR
- Phone
- (334) 687-2451
- Return prepared by
- BORLAND BENEFIELD PC
Mission
TO PROVIDE EDUCATIONAL AND LOW INCOME HOUSING OPPORTUNITIES TO THE CITIZENS OF EUFAULA, AL
Program accomplishments
- MANAGEMENT OF LOW INCOME HOUSING UNITS AND AFTER SCHOOL EDUCATION PROVIDED BY AREA TEACHERS TO LOW INCOME STUDENTSExpenses $658,146 · revenue $744,087
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
- 63-1241037
- 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
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $8,588,237
- Income (IRS master file)
- $862,501
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $763,802 | $755,309 | $8,588,237 | XML |
| 990 | December 2023 | $477,428 | $450,001 | $7,646,622 | XML |
| 990 | December 2022 | $2,520,069 | $244,026 | $5,338,817 | IRS |
| 990 | December 2021 | $100,659 | $65,960 | $2,086,451 | XML |
| 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 63-1241037).
Questions about EUFAULA HOUSING DEVELOPMENT INC
- What is the EIN of EUFAULA HOUSING DEVELOPMENT INC?
- The employer identification number (EIN) of EUFAULA HOUSING DEVELOPMENT INC is 63-1241037.
- Is EUFAULA HOUSING DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to EUFAULA HOUSING DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EUFAULA HOUSING DEVELOPMENT 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 EUFAULA HOUSING DEVELOPMENT 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 EUFAULA HOUSING DEVELOPMENT 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 EUFAULA HOUSING DEVELOPMENT INC?
- The 990 for the year ended December 31, 2024 names GARRY GARRISON.
- Who are the officers and directors of EUFAULA HOUSING DEVELOPMENT INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does EUFAULA HOUSING DEVELOPMENT INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $763,802, expenses of $755,309 and total assets of $8,588,237 at year end.
Other nonprofits in EUFAULA
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- LAKESIDE SCHOOL EIN 63-0521127 · last filed 990 for 2025
- EUFAULA COUNTRY CLUB EIN 63-0068710 · last filed 990 for 2025
- THE EUFAULA CHAMBER OF COMMERCE EIN 63-0251133 · last filed 990 for 2025
- BOYS & GIRLS CLUBS OF LAKE EUFAULA INC EIN 26-4093561 · last filed 990 for 2025
- ALABAMA CONSERVATION AND NATURAL RESOURCES FOUNDATION INC EIN 63-1233068 · last filed 990 for 2025
- WALLACE COMMUNITY COLLEGE SPARKS CAMPUS FOUNDATION EIN 57-0907665 · last filed 990 for 2025
- EUFAULA HERITAGE ASSOCIATION INC EIN 63-6155201 · last filed 990 for 2025