Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-2746185

TEXAS STATE AFFORDABLE HOUSING CORPORATION

Tax-exempt · AUSTIN, TX 78752

Financials

$88.1M$35M2022$85.2M$116M2023$101.5M$108.9M2024
Revenue Expenses · by fiscal year end
Financials of TEXAS STATE AFFORDABLE HOUSING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$101,486,298$108,943,349-$7,457,051$478,281,670$157,042,138$321,239,532
August 31, 2024990$85,160,892$116,021,894-$30,861,002$490,955,663$162,653,810$328,301,853
August 31, 2023990$88,121,465$34,965,677$53,155,788$440,678,449$85,487,780$355,190,669
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$1,785,376
of which government grants
$1,450,341
Program service revenue
$88,485,696
Investment income
$10,019,328
Royalties
$302
Net rental income
$1,185,745
Net gain from sales of assets
$155,117
Tax-exempt bond proceeds
$7,646,358
Other revenue
$1,195,898

Expenses

Grants and similar amounts paid
$1,650,000
Compensation of officers, directors and key employees
$1,489,925
Other salaries and wages
$2,328,191
Salaries, compensation and benefits (total)
$3,873,163
Professional fundraising fees
$0
Legal fees
$90,935
Accounting fees
$95,381
Travel
$142,368
Depreciation
$807,995
Program services (functional)
$108,014,830
Management and general (functional)
$631,385
Fundraising (functional)
$297,134

Balance sheet and other

Total assets, start of year
$490,955,663
Total assets, end of year
$478,281,670
Total liabilities, end of year
$157,042,138
Net assets, end of year
$321,239,532
Land, buildings and equipment
$5,427,724
Publicly traded securities
$163,280,465
Net assets without donor restrictions
$313,146,067
Net assets with donor restrictions
$8,093,465
Gross receipts
$102,763,879
Employees
32
Volunteers
0
Year formed
1994
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DAVID LONGPRESIDENT
Officer
40$294,144$26,347
MELINDA SMITHCHIEF FINANCIAL OFFICER
Officer
40$226,920$20,409
JONIEL LEVECQUESR. DIRECTOR SINGLE FAMILY HOMEOWNERSHIP PROGRAMS
Key employee
40$212,813$22,481
NICHOLAS LAWRENCECONTROLLER
Highest-paid employee
40$196,787$36,160
SAN JUANITA TAYLOREXECUTIVE VICE PRESIDENT
Officer
40$220,000$8,800
DAVE DANENFELZSR. DIRECTOR DEVELOPMENT FINANCE
Key employee
40$165,378$47,960
KATIE CLAFLINSR DIRECTOR, COMMUNICATIONS & DEVELOPMENT
Highest-paid employee
40$156,625$34,554
CELINA STUBBSDIRECTOR, ASSET OVERSIGHT & COMPLIANCE
Highest-paid employee
40$127,084$30,894
CYNTHIA GONZALESASST BOARD SECY, SR OFFICE & LN SVCG MGR
Officer
40$122,585$30,713
BETSY ALDRICHSENIOR ACCOUNTING MANAGER
Highest-paid employee
40$130,026$19,169
MICHAEL WILTSR. MANAGER, EXTERNAL RELATIONS
Highest-paid employee
40$119,461$28,219
REBECCA DELEONBOARD SECRETARY
Officer
40$78,460$12,915
DAVID RASSINMEMBER
Trustee or director
1$0$0
ERNEST RICHARDSMEMBER
Trustee or director
1$0$0
LEMUEL WILLIAMSMEMBER
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
VALERIE CARDENASVICE CHAIR
Trustee or director
1$0
WILLIAM DIETZCHAIR
Trustee or director
1$0
990 for the year ended August 31, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
DAVID W LONGPRESIDENT
Officer
40$234,111$23,997
LAURA ROSSSENIOR MANAGER COMMUNICATION & DEVELOPMENT
Highest-paid employee
40$197,235$41,432
MELINDA GAY SMITHCFO
Officer
40$222,126$16,404
SAN JUANITA TAYLOREXECUTIVE VICE PRESIDENT
Officer
40$218,958$8,800
JONIEL L LEVECQUESENIOR DIRECTOR OF SINGLE FAMILY HOMEOWNERSHIP
Key employee
40$195,176$21,522
NICHOLAS DANIEL LAWERENCECONTROLLER
Highest-paid employee
40$159,954$34,744
DAVID WAYNE DANENFELZERSENIOR DIRECTOR DEVELOPMENT FINANCE
Highest-paid employee
40$126,417$45,536
KATHRYN HOWARDSENIOR DIRECTOR COMMUNICATION, GOVT. RELATIONS
Highest-paid employee
40$129,231$31,500
CYNTHIA GONZALESASSISTANT BOARD SECRETARY
Officer
40$98,186$29,029
BETSY ALDRICHSR ACCOUNTING MANAGER
Highest-paid employee
40$107,819$18,028
REBECCA HARRISON DELEONBOARD SECRETARY
Officer
40$73,781$16,530
WILLIAM DIETZCHAIR
Trustee or director
1$0$0
VALERIE CARDENASVICE CHAIR
Trustee or director
1$0$0
LEMUEL WILLIAMSMEMBER
Trustee or director
1$0$0
COURTNEY JOHNSON-ROSEMEMBER
Trustee or director
1$0$0
ANDY WILLIAMSMEMBER
Trustee or director
1$0$0
DAVID RASSINMEMBER
Trustee or director
1$0$0
990 for the year ended August 31, 2023: 15 people
NameTitleHours / weekCompensationOther / benefits
TIMOTHY ALMQUISTSENIOR DIRECTOR
Key employee
40$521,741$10,585
DAVID W LONGPRESIDENT
Officer
40$231,711$20,417
MELINDA GAY SMITHCFO & TREASURER
Officer
40$197,735$14,412
NICHOLAS LAWRENCECONTROLLER
Highest-paid employee
40$162,365$28,049
SAN JUANITA TAYLOREXECUTIVE VICE PRESIDENT
Officer
40$160,000$6,400
DAVID DANENFELZERSENIOR DIRECTOR
Highest-paid employee
40$121,254$36,983
JONIEL LEVECQUESENIOR DIRECTOR
Highest-paid employee
40$128,153$16,105
KATHYRN HOWARDSENIOR DIRECTOR
Highest-paid employee
40$107,998$25,936
BETSY DIANNA ALDRICHSENIOR ACCOUNTS MANAGER
Highest-paid employee
40$102,173$15,035
REBECCA DELEONCORPORATE SECRETARY
Officer
40$69,331$13,781
ANDY WILLIAMSMEMBER
Trustee or director
1$0$0
COURTNEY JOHNSON-ROSEMEMBER
Trustee or director
1$0$0
VALERIE CARDENASVICE CHAIR
Trustee or director
1$0$0
WILLIAM DIETZCHAIR
Trustee or director
1$0$0
LEMUEL WILLIAMSMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
6701 SHIRLEY AVE, AUSTIN, TX 78752-3517
In care of
% MELINDA SMITH
Principal officer (990 for 2024)
DAVID LONG, 6701 SHIRLEY AVE, AUSTIN, TX 78752
Signed the 990
MELINDA SMITH, CFO
Phone
(512) 477-3555
Return prepared by
MAXWELL LOCKE & RITTER LLP

Mission

THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SERVE THE NEEDS OF LOWER INCOME TEXANS NOT AFFORDED HOUSING FINANCE OPTIONS THROUGH CONVENTIONAL LENDING SOURCES.

990 for the year ended August 31, 2025

Program accomplishments

  • SINGLE FAMILY PROGRAMS PROVIDES 30-YEAR FIXED RATE MORTGAGE LOANS TO ELIGIBLE FIRST-TIME HOMEBUYERS IN TEXAS; PROVIDES DOWN PAYMENT ASSISTANCE TO HOME BUYERS; PROVIDES SHORT AND LONG-TERM FINANCING FOR THE CONSTRUCTION OR IMPROVEMENT OF SINGLE FAMILY HOUSING IN TEXAS; PROVIDES GRANTS FOR THE CONSTRUCTION OR IMPROVEMENT OF SINGLE FAMILY HOUSING IN TEXAS; PROVIDES HOMEBUYER EDUCATION TO BORROWERS.
    Expenses $104,110,744 · grants $990,000 · revenue $92,755,532
  • TEXAS HOUSING IMPACT FUND (IMPACT FUND)/FORMERLY AFFORDABLE COMMUNITIES OF TEXAS (ACT) - THE IMPACT FUND OFFERS SHORT AND LONG-TERM FINANCING FOR THE DEVELOPMENT, ACQUISITION, OR REHABILITATION OF AFFORDABLE RENTAL OR HOMEOWNERSHIP DEVELOPMENTS ACROSS TEXAS CREATING OPPORTUNITY, HEALTHIER ENVIRONMENTS AND A HIGHER QUALITY OF LIFE FOR LOW- AND MODERATE-INCOME FAMILIES.
    Expenses $646,518 · revenue $216,071
  • ASSET MANAGEMENT THE CORPORATION'S SINGLE FAMILY AND MULTIFAMILY RENTAL PROGRAM PROVIDES AFFORDABLE HOUSING AT BELOW-MARKET RENTS TO INCOME-ELIGIBLE FAMILIES AND INDIVIDUALS IN THE AUSTIN AREA; THE CORPORATION ALSO PERFORMS ASSET OVERSIGHT AND COMPLIANCE MONITORING FOR MULTIFAMILY AND SINGLE FAMILY BOND FINANCED PROPERTIES LOCATED THROUGHOUT TEXAS.
    Expenses $1,997,508 · revenue $1,854,869
  • EXPENSES GRANTS REVENUE MULTI-FAMILY HOUSING 1,035,944 660,000 2,501,178OTHER 224,116 0 0
    Expenses $1,260,060 · grants $660,000 · revenue $2,501,178

What it must file and when

IRS records say it files Not required (state instrumentality). Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
74-2746185
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1994
Accounting year ends
August
Files
Not required (state instrumentality)
Assets (IRS master file)
$478,281,670
Income (IRS master file)
$102,763,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$101,486,298$108,943,349$478,281,670XML
990August 2024$85,160,892$116,021,894$490,955,663XML
990August 2023$88,121,465$34,965,677$440,678,449XML
990August 2022$110,068,921$9,567,271$327,930,726IRS
990August 2021–––IRS
990August 2020–––IRS
990August 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 74-2746185).

Questions about TEXAS STATE AFFORDABLE HOUSING CORPORATION

What is the EIN of TEXAS STATE AFFORDABLE HOUSING CORPORATION?
The employer identification number (EIN) of TEXAS STATE AFFORDABLE HOUSING CORPORATION is 74-2746185.
Is TEXAS STATE AFFORDABLE HOUSING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to TEXAS STATE AFFORDABLE HOUSING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS STATE AFFORDABLE HOUSING CORPORATION file?
Form Not required (state instrumentality).
When is the next return of TEXAS STATE AFFORDABLE HOUSING CORPORATION due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS STATE AFFORDABLE HOUSING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of TEXAS STATE AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended August 31, 2025 names DAVID LONG.
Who are the officers and directors of TEXAS STATE AFFORDABLE HOUSING CORPORATION?
The 990 for the year ended August 31, 2025 lists 17 people; 12 received compensation from the organization, the highest $294,144 (DAVID LONG, PRESIDENT).
How much revenue does TEXAS STATE AFFORDABLE HOUSING CORPORATION have?
On its 990 for the year ended August 31, 2025 it reported revenue of $101,486,298, expenses of $108,943,349 and total assets of $478,281,670 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas · Housing and shelter