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Nonprofit · EIN 74-1714309

KARNES HOUSING CORPORATION

Tax-exempt · KARNES CITY, TX 78118

Financials

$385K$241K2023$328K$209K2024$300K$236K2025
Revenue Expenses · by fiscal year end
Financials of KARNES HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$300,244$236,072$64,172$1,622,608$25,834$1,596,774
March 31, 2025990$327,936$209,170$118,766$1,557,978$25,376$1,532,602
March 31, 2024990$385,246$241,142$144,104$1,437,178$23,342$1,413,836
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$3,108
Royalties
$33,766
Net rental income
$263,370
Other revenue
$297,136

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$57,879
Salaries, compensation and benefits (total)
$60,207
Professional fundraising fees
$0
Accounting fees
$6,200
Program services (functional)
$228,742
Management and general (functional)
$7,330

Balance sheet and other

Total assets, start of year
$1,557,978
Total assets, end of year
$1,622,608
Total liabilities, end of year
$25,834
Net assets, end of year
$1,596,774
Land, buildings and equipment
$1,159,679
Gross receipts
$366,805
Employees
1
Year formed
1971
State of legal domicile
TX

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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
RUSSELL SWIZESecretary
Trustee or director, Officer
10$42,598
JONATHAN SCHULZ IIPresident
Trustee or director, Officer
20$9,899
RANDY WITTEVice President
Trustee or director, Officer
5$598
RENE SOLIZDirector
Trustee or director, Officer
1$598
ROBERT DIETZDirector
Trustee or director, Officer
1$598
ELFREN MOCZYGEMGADirector
Trustee or director, Officer
1$598
TRACY WITTEDirector
Trustee or director, Officer
1$598
MARK WITTEDirector
Trustee or director, Officer
1$598
MARK BORDOVSKYDirector
Trustee or director, Officer
1$598
DAVID CARROTHERSDirector
Trustee or director, Officer
1$299
GARY JANACEKDirector
Trustee or director, Officer
1$299
KIRBY HAERTNERDirector
Trustee or director, Officer
1$299
CHARLIE MALIKDirector
Trustee or director, Officer
1$299
TRIP RUCKMANDirector
Trustee or director, Officer
1$0
990 for the year ended March 31, 2025: 14 people
NameTitleHours / weekCompensation
JONATHAN SCHULZ IIPresident
Trustee or director, Officer
20$56,300
RUSSEL SWIZESecretary
Trustee or director, Officer
10$8,569
RANDY WITTEVice President
Trustee or director, Officer
5$598
RENE SOLIZDirector
Trustee or director, Officer
1$598
ELFREN MOCZYGEMGADirector
Trustee or director, Officer
1$598
TRACY WITTEDirector
Trustee or director, Officer
1$598
KIRBY HAERTNERDirector
Trustee or director, Officer
1$598
CHARLIE MALIKDirector
Trustee or director, Officer
1$598
MARK BORDOVSKYDirector
Trustee or director, Officer
1$598
DAVID CARROTHERSDirector
Trustee or director, Officer
1$299
GARY JANACEKDirector
Trustee or director, Officer
1$299
ROBERT DIETZDirector
Trustee or director, Officer
1$299
MARK WITTEDirector
Trustee or director, Officer
1$299
TRIP RUCKMANDirector
Trustee or director, Officer
1$0
990 for the year ended March 31, 2024: 14 people
NameTitleHours / weekCompensation
JONATHAN SCHULZ IIPresident
Trustee or director, Officer
20$30,598
RANDY WITTEVice President
Trustee or director, Officer
5$598
DAVID CARROTHERSDirector
Trustee or director, Officer
1$598
ELFREN MOCZYGEMGADirector
Trustee or director, Officer
1$598
TRACY WITTEDirector
Trustee or director, Officer
1$598
KIRBY HAERTNERDirector
Trustee or director, Officer
1$598
MARK WITTEDirector
Trustee or director, Officer
1$598
CHARLIE MALIKDirector
Trustee or director, Officer
1$598
MACK BORDOVSKYDirector
Trustee or director, Officer
1$598
RUSSEL SWIZESecretary
Trustee or director, Officer
10$598
RENE SOLIZDirector
Trustee or director, Officer
1$299
ROBERT DIETZDirector
Trustee or director, Officer
1$299
TRIP RUCKMANDirector
Trustee or director, Officer
1$299
GARY JANACEKDirector
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
701 E CALVERT AVE, KARNES CITY, TX 78118-3315
In care of
% R M JENTSCH
Signed the 990
RUSSELL SWIZE, Secretary
Phone
(830) 780-4053
Return prepared by
Craig Nieschwietz PLLC

Mission

A GROUP OF LOCAL BUSINESS PERSONS PROVIDING AFFORDABLE RESIDENTIAL RENTAL TO ALL ECONOMIC SEGMENTS OF THE LOCAL POPULATION AS WELL AS RENTAL OFFICE SPACE FOR VARIOUS BUSINESSES IN KARNES COUNTY

990 for the year ended March 31, 2026

Program accomplishments

  • KARNES HOUSING CORPORATION HAS BEEN ABLE TO PROVIDE AFFORDABLE RENTAL HOUSING TO RESIDENTS PRIMARILY IN RESTRICTED INCOME STATUS AND AFFORDABLE OFFICE SPACE TO VARIOUS BUSINESSES
    Expenses $228,742

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
74-1714309
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1972
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,622,608
Income (IRS master file)
$366,805

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$300,244$236,072$1,622,608XML
990March 2025$327,936$209,170$1,557,978XML
990March 2024$385,246$241,142$1,437,178XML
990March 2023$392,518$213,351$1,490,049IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––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 74-1714309).

Questions about KARNES HOUSING CORPORATION

What is the EIN of KARNES HOUSING CORPORATION?
The employer identification number (EIN) of KARNES HOUSING CORPORATION is 74-1714309.
Is KARNES HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1972.
Are donations to KARNES HOUSING CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does KARNES HOUSING CORPORATION 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 KARNES HOUSING CORPORATION due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did KARNES HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who are the officers and directors of KARNES HOUSING CORPORATION?
The 990 for the year ended March 31, 2026 lists 14 people; 13 received compensation from the organization, the highest $42,598 (RUSSELL SWIZE, Secretary).
How much revenue does KARNES HOUSING CORPORATION have?
On its 990 for the year ended March 31, 2026 it reported revenue of $300,244, expenses of $236,072 and total assets of $1,622,608 at year end.

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