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Nonprofit · EIN 74-2744850

RITES OF PASSAGE DEVELOPMENT INC

Also known as MEADOW GLEN APARTMENTS

Tax-exempt · AUSTIN, TX 78723

Financials

$212K$184K2023$167K$198K2024$160K$211K2025
Revenue Expenses · by fiscal year end
Financials of RITES OF PASSAGE DEVELOPMENT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$159,517$210,796-$51,279$100,015$8,987$91,028
December 31, 2024990-EZ$166,752$198,117-$31,365$168,356$8,707$159,649
December 31, 2023990$211,708$183,549$28,159$210,817$10,020$200,797
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Other revenue
$159,517

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$47,173
Occupancy
$73,842
Other expenses
$89,781
Program services (functional)
$210,796

Balance sheet and other

Total assets, start of year
$168,356
Total assets, end of year
$100,015
Total liabilities, end of year
$8,987
Net assets, end of year
$91,028
Cash, savings and investments
$39,005
Land and buildings
$61,010
Gross receipts
$159,517

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
STERLING LANDS IIPRESIDENT/CEO0.5$0
MARY L THOMASSECRETARY0.5$0
JAMES HUTCHINGSMEMBER0.5$0
NIKKI SIMMSMEMBER0.5$0
MICHAEL WHITEMEMBER0.5$0
TERRY SMITHMEMBER0.5$0
THRESA COWANMEMBER0.5$0
CHARLES HENRYMEMBER0.5$0
SUNNY UZUHMEMBER0.5$0
TROY OFFICERMEMBER0.5$0
990-EZ for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
STERLING LANDS IIPRESIDENT/CEO0.5$0
MARY L THOMASSECRETARY0.5$0
JAMES HUTCHINGSMEMBER0.5$0
NIKKI SIMMSMEMBER0.5$0
MICHAEL WHITEMEMBER0.5$0
TERRY SMITHMEMBER0.5$0
THRESA COWANMEMBER0.5$0
CHARLES HENRYMEMBER0.5$0
SUNNY UZUHMEMBER0.5$0
TROY OFFICERMEMBER0.5$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
STERLING LANDS IIPRESIDENT/CEO
Trustee or director, Officer
0.92$0
MARY L THOMASSECRETARY
Trustee or director, Officer
0.92$0
JAMES HUTCHINGSMEMBER
Trustee or director, Officer
0.92$0
NIKKI SIMMSMEMBER
Trustee or director
0.92$0
MICHAEL WHITEMEMBER
Trustee or director
0.92$0
TERRY SMITHMEMBER
Trustee or director, Officer
0.92$0
THRESA COWANMEMBER
Trustee or director
0.92$0
CHARLES HENRYMEMBER
Trustee or director
0.92$0
SUNNY UZUHMEMBER
Trustee or director
0.92$0
TROY OFFICERMEMBER
Trustee or director
0.92$0

Address and contacts

Address (IRS master file)
6510 BERKMAN DR, AUSTIN, TX 78723-1939
In care of
% STERLING LANDS II
Signed the 990-EZ
STERLING LANDS II, President
Phone
(512) 454-6170
Return prepared by
CHARLES E NWANERI PC

Mission

RPD provided and managed quality, affordable multifamily housing in Travis County, Austin Texas, fostering stable housing opportunities that help build stronger families and vibrant communities. In furtherance of its charitable mission, RPD reserved 15 apartment homes through its on-site Affordable Housing Disposition Program for qualifying households earning at or below 50 and 80 of the Area Median Income AMI. The remaining market-rate apartment homes were offered at rental rates approximately 20 below prevailing market rents, expanding access to quality, affordable housing for a broader segment of the community. Through these efforts, RPD promotes housing stability, strengthens families, and helps build thriving communities.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • RPD offers affordable housing in Travis County, TX, reserving 15 homes for households at 50-80 AMI and pricing the rest 20 below market rates to build stable families and vibrant communities.
    Expenses $210,796

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2744850
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$100,015
Income (IRS master file)
$159,517

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$159,517$210,796$100,015XML
990-EZDecember 2024$166,752$198,117$168,356XML
990December 2023$211,708$183,549$210,817XML
990December 2022$311,681$250,551$161,628IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 74-2744850).

Questions about RITES OF PASSAGE DEVELOPMENT INC

What is the EIN of RITES OF PASSAGE DEVELOPMENT INC?
The employer identification number (EIN) of RITES OF PASSAGE DEVELOPMENT INC is 74-2744850.
Is RITES OF PASSAGE DEVELOPMENT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to RITES OF PASSAGE DEVELOPMENT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RITES OF PASSAGE 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 RITES OF PASSAGE DEVELOPMENT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RITES OF PASSAGE DEVELOPMENT INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of RITES OF PASSAGE DEVELOPMENT INC?
The 990-EZ for the year ended December 31, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does RITES OF PASSAGE DEVELOPMENT INC have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $159,517, expenses of $210,796 and total assets of $100,015 at year end.

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