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Nonprofit · EIN 63-1247145

ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND

Tax-exempt · FAIRHOPE, AL 36533

Financials

$192K$103K2023$180K$158K2024
Revenue Expenses · by fiscal year end
Financials of ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$179,763$158,264$21,499$538,787$29,852$508,935
December 31, 2023990$191,922$102,580$89,342$487,436$0$487,436
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$153,255
Program service revenue
$0
Investment income
$11,447
Net income from fundraising events
$15,061
Other revenue
$15,061

Expenses

Grants and similar amounts paid
$84,082
Salaries, compensation and benefits (total)
$1,500
Professional fundraising fees
$0
Occupancy
$2,182
Program services (functional)
$84,082
Management and general (functional)
$74,182

Balance sheet and other

Total assets, start of year
$487,436
Total assets, end of year
$538,787
Total liabilities, end of year
$29,852
Net assets, end of year
$508,935
Net assets without donor restrictions
$508,935
Gross receipts
$200,744
Employees
0
Year formed
2004
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.

NameTitleHours / weekCompensation
FRED BENNETTDIRECTOR
Trustee or director
–$0
GARY HALLDIRECTOR
Trustee or director
–$0
JUSTIN HEBERLINGDIRECTOR
Trustee or director
–$0
ALLAN RAPPUHNDIRECTOR
Trustee or director
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
FRED BENNETTDIRECTOR
Trustee or director
0$0
GARY HALLDIRECTOR
Trustee or director
0$0
JUSTIN HEBERLINGDIRECTOR
Trustee or director
0$0
ALLAN RAPPUHNDIRECTOR
Trustee or director
0$0

Address and contacts

Address (IRS master file)
PO BOX 1585, FAIRHOPE, AL 36533-1585
Principal officer (990 for 2024)
GARY HALL, PO DRAWER 6657, DOTHAN, AL 36302
Signed the 990
LINDSAY WRIGHT, EXECUTIVE DIRECTOR
Phone
(334) 538-4706
Return prepared by
CONE & SMITH PC

Mission

TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS RESIDING IN THE STATE OF ALABAMA IN AFFORDABLE HOUSING FACILITIES THAT ARE MEMBERS OF THE ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND, INC.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS RESIDING IN THE STATE OF ALABAMA IN AFFORDABLE HOUSING FACILITIES THAT ARE MEMBERS OF THE ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND, INC.
    Expenses $84,082 · grants $84,082

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
63-1247145
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
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$538,787
Income (IRS master file)
$200,744

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$179,763$158,264$538,787XML
990December 2023$191,922$102,580$487,436XML
990December 2022$195,866$69,984$398,094IRS
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 63-1247145).

Questions about ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND

What is the EIN of ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND?
The employer identification number (EIN) of ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND is 63-1247145.
Is ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND 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 ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND 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 ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND 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 ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 names GARY HALL.
Who are the officers and directors of ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does ALABAMA AFFORDABLE HOUSING ASSOCIATION SCHOLARSHIP FUND have?
On its 990 for the year ended December 31, 2024 it reported revenue of $179,763, expenses of $158,264 and total assets of $538,787 at year end.

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