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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 74-2756738

FOUNDATION FOR BETTER HOUSING INC

Tax-exempt · DALLAS, TX 75234

Financials

$4K$34K2023$0$28K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR BETTER HOUSING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$0$28,061-$28,061$15,164,433$109,535$15,054,898
December 31, 2023990$3,639$34,027-$30,388$15,306,516$223,557$15,082,959
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$12,000
Salaries, compensation and benefits (total)
$12,000
Professional fundraising fees
$0
Management and general (functional)
$28,061

Balance sheet and other

Total assets, start of year
$15,306,516
Total assets, end of year
$15,164,433
Total liabilities, end of year
$109,535
Net assets, end of year
$15,054,898
Gross receipts
$0
Employees
0
Volunteers
2
Year formed
1995
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
CAROLYNN F BEVERSDIRECTOR
Trustee or director
0.5$6,000
MELANIE ANDERSON-CARTERDIRECTOR
Trustee or director
0.5$6,000
ROBERT C CANHAMDIR, VP, SECRETARY, TREASU
Trustee or director, Officer
0$0
RONALD F AKINEXEC DIR, PRESIDENT
Trustee or director, Officer
0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
CAROLYNN F BEVERSDIRECTOR
Trustee or director
0.5$6,000
MELANIE CARTERDIRECTOR
Trustee or director
0.5$6,000
ROBERT C CANHAMDIR, VP, SECRETARY, TREASU
Trustee or director, Officer
0$0
RONALD F AKINEXEC DIR, PRESIDENT
Trustee or director, Officer
0$0

Address and contacts

Address (IRS master file)
2010 VALLEY VIEW LN STE 145, DALLAS, TX 75234-8960
In care of
% TED P STOKELY
Principal officer (990 for 2024)
RONALD F AKIN, 2010 VALLEY VIEW LANE 145, FARMERS BRANCH, TX 75234
Signed the 990
RONALD F AKIN, EXEC DIRECTOR, PRESIDENT
Phone
(214) 750-8845
Return prepared by
FARMER FUQUA & HUFF PC

Mission

THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF ACQUIRING AND OPERATING LOW-INCOME HOUSING PROPERTIES WITHIN THE GUIDELINES OF IRS NOTICE 93-1 OR WITHIN ANY SUCCESSOR OR ALTERNATE "SAFE-HARBOR" AFFORDABLE HOUSING GUIDELINE PUBLISHED BY THE IRS.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION WAS FORMED FOR THE PURPOSE OF ACQUIRING AND OPERATING LOW-INCOME HOUSING PROPERTIES WITHIN THE GUIDELINES OF IRS NOTICE 93-1.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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

File the 2025 990-N for FOUNDATION FOR BETTER HOUSING INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
74-2756738
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
1997
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$15,164,433

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$0$28,061$15,164,433IRS
990December 2023$3,639$34,027$15,306,516XML
990December 2022$0$73,384$15,270,091IRS
990December 2021–––IRS
990December 2020–––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 74-2756738).

Questions about FOUNDATION FOR BETTER HOUSING INC

What is the EIN of FOUNDATION FOR BETTER HOUSING INC?
The employer identification number (EIN) of FOUNDATION FOR BETTER HOUSING INC is 74-2756738.
Is FOUNDATION FOR BETTER HOUSING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to FOUNDATION FOR BETTER HOUSING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR BETTER HOUSING INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FOUNDATION FOR BETTER HOUSING INC 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 FOUNDATION FOR BETTER HOUSING INC 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 FOUNDATION FOR BETTER HOUSING INC?
The 990 for the year ended December 31, 2024 names RONALD F AKIN.
Who are the officers and directors of FOUNDATION FOR BETTER HOUSING INC?
The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $6,000 (CAROLYNN F BEVERS, DIRECTOR).
How much revenue does FOUNDATION FOR BETTER HOUSING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $0, expenses of $28,061 and total assets of $15,164,433 at year end.

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