Nonprofit · EIN 74-1714309
KARNES HOUSING CORPORATION
Tax-exempt · KARNES CITY, TX 78118
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $300,244 | $236,072 | $64,172 | $1,622,608 | $25,834 | $1,596,774 |
| March 31, 2025 | 990 | $327,936 | $209,170 | $118,766 | $1,557,978 | $25,376 | $1,532,602 |
| March 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RUSSELL SWIZE | Secretary Trustee or director, Officer | 10 | $42,598 |
| JONATHAN SCHULZ II | President Trustee or director, Officer | 20 | $9,899 |
| RANDY WITTE | Vice President Trustee or director, Officer | 5 | $598 |
| RENE SOLIZ | Director Trustee or director, Officer | 1 | $598 |
| ROBERT DIETZ | Director Trustee or director, Officer | 1 | $598 |
| ELFREN MOCZYGEMGA | Director Trustee or director, Officer | 1 | $598 |
| TRACY WITTE | Director Trustee or director, Officer | 1 | $598 |
| MARK WITTE | Director Trustee or director, Officer | 1 | $598 |
| MARK BORDOVSKY | Director Trustee or director, Officer | 1 | $598 |
| DAVID CARROTHERS | Director Trustee or director, Officer | 1 | $299 |
| GARY JANACEK | Director Trustee or director, Officer | 1 | $299 |
| KIRBY HAERTNER | Director Trustee or director, Officer | 1 | $299 |
| CHARLIE MALIK | Director Trustee or director, Officer | 1 | $299 |
| TRIP RUCKMAN | Director Trustee or director, Officer | 1 | $0 |
990 for the year ended March 31, 2025: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN SCHULZ II | President Trustee or director, Officer | 20 | $56,300 |
| RUSSEL SWIZE | Secretary Trustee or director, Officer | 10 | $8,569 |
| RANDY WITTE | Vice President Trustee or director, Officer | 5 | $598 |
| RENE SOLIZ | Director Trustee or director, Officer | 1 | $598 |
| ELFREN MOCZYGEMGA | Director Trustee or director, Officer | 1 | $598 |
| TRACY WITTE | Director Trustee or director, Officer | 1 | $598 |
| KIRBY HAERTNER | Director Trustee or director, Officer | 1 | $598 |
| CHARLIE MALIK | Director Trustee or director, Officer | 1 | $598 |
| MARK BORDOVSKY | Director Trustee or director, Officer | 1 | $598 |
| DAVID CARROTHERS | Director Trustee or director, Officer | 1 | $299 |
| GARY JANACEK | Director Trustee or director, Officer | 1 | $299 |
| ROBERT DIETZ | Director Trustee or director, Officer | 1 | $299 |
| MARK WITTE | Director Trustee or director, Officer | 1 | $299 |
| TRIP RUCKMAN | Director Trustee or director, Officer | 1 | $0 |
990 for the year ended March 31, 2024: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JONATHAN SCHULZ II | President Trustee or director, Officer | 20 | $30,598 |
| RANDY WITTE | Vice President Trustee or director, Officer | 5 | $598 |
| DAVID CARROTHERS | Director Trustee or director, Officer | 1 | $598 |
| ELFREN MOCZYGEMGA | Director Trustee or director, Officer | 1 | $598 |
| TRACY WITTE | Director Trustee or director, Officer | 1 | $598 |
| KIRBY HAERTNER | Director Trustee or director, Officer | 1 | $598 |
| MARK WITTE | Director Trustee or director, Officer | 1 | $598 |
| CHARLIE MALIK | Director Trustee or director, Officer | 1 | $598 |
| MACK BORDOVSKY | Director Trustee or director, Officer | 1 | $598 |
| RUSSEL SWIZE | Secretary Trustee or director, Officer | 10 | $598 |
| RENE SOLIZ | Director Trustee or director, Officer | 1 | $299 |
| ROBERT DIETZ | Director Trustee or director, Officer | 1 | $299 |
| TRIP RUCKMAN | Director Trustee or director, Officer | 1 | $299 |
| GARY JANACEK | Director 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
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 BUSINESSESExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $300,244 | $236,072 | $1,622,608 | XML |
| 990 | March 2025 | $327,936 | $209,170 | $1,557,978 | XML |
| 990 | March 2024 | $385,246 | $241,142 | $1,437,178 | XML |
| 990 | March 2023 | $392,518 | $213,351 | $1,490,049 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 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.
Other nonprofits in KARNES CITY
- KARNES ELECTRIC COOPERATIVE INC EIN 74-0720615 · last filed 990 for 2025
- SHARING GODS LOVE INC EIN 74-2805013 · last filed 990-PF for 2024
- KARNES CITY VOLUNTEER FIRE DEPARTMENT INC EIN 74-2972956 · last filed 990 for 2025
- KARNES COUNTY FARM BUREAU EIN 74-1174821 · last filed 990-EZ for 2025
- K-TOWN KICKIN FOR A KURE DM FOUNDATION EIN 47-2171628 · last filed 990 for 2024
- KARNES CITY COMMUNITY CHAMBER OF COMMERCE EIN 74-1021589 · last filed 990 for 2025
- KARNES COUNTY HISTORICAL SOCIETY EIN 74-2189232 · last filed 990-PF for 2025
- ROTARY CLUB OF KARNES CITY EIN 74-1870860 · last filed 990-EZ for 2025