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Nonprofit · EIN 75-2435901

SPECTRUM HOUSING

Tax-exempt · TEMPLE, TX 76504

Financials

$364$154K2023
Revenue Expenses · by fiscal year end
Financials of SPECTRUM HOUSING by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990-EZ$364$153,718-$153,354$3,299–$3,299
Financial details: 990-EZ for the year ended December 31, 2023

Revenue

Investment income
$364

Expenses

Compensation of officers, directors and key employees
$125,615
Salaries, compensation and benefits (total)
$125,615
Professional fees and payments to contractors
$5,900
Other expenses
$22,203
Program services (functional)
$83,046

Balance sheet and other

Total assets, start of year
$156,653
Total assets, end of year
$3,299
Total liabilities, end of year
–
Net assets, end of year
$3,299
Cash, savings and investments
$3,299
Gross receipts
$364

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, 2023, highest compensation first.

NameTitleHours / weekCompensation
Sheldon SchreibergSecretary3$54,365
Frederick D SchnurrExecutive Dir.3$54,250
Lori JordanTrustee3$12,000
Berri McBrideTrustee3$5,000
David P ColePresident0$0
Esther ChavezVice President0$0
Patricia RainwaterTreasurer0$0

Address and contacts

Address (IRS master file)
1610 S 31ST ST STE 201, TEMPLE, TX 76504-6726
In care of
% JOHN D MATTHEWS
Mailing address (990-N for 2025)
1610 S 31ST Suite 201, Temple TX 76504
Principal officer (990-N for 2025)
David P Cole, 2510 Monroe Street, TEMPLE SC 29205
Signed the 990-EZ
David P Cole, President
Phone
(254) 778-7766
Return prepared by
M GROUP LLP

Mission

The primary exempt purpose of the company is to provide decent, safe and affordable housing to low-income and moderate-income individuals and families.

990-EZ for the year ended December 31, 2023

Program accomplishments

  • During 2004, the Corporation was admitted as the .01% successor general partner of MAEDC Gainesville Senior Village ("Summit"), a low-income multifamily LIHTC tax credit project. Summit was organized to construct and operate a 76 unit senior complex in Gainesville, Texas and is subject to land use agreements restricting tenant incomes. During 2020, the Corporation disposed of the Summit partnership investment.During 2019, the Corporation was admitted as the 2% managing member of BSPV-Plano, LLC, a 318 unit senior multifamily project in Plano, TX. The project, known as Bridgemoor at Plano, must lease 20% of its units to individuals and families whose income does not exceed 50% of the area median family income. The project was placed in service during 2022.
    Expenses $83,046

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, 2026990-N on file
2024December 31, 2024May 15, 2025No data
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
75-2435901
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
1993
Accounting year ends
December
Files
Form 990-N (e-Postcard)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2025
Officer: David P Cole
December 31, 2025≤ $50,000 receipts––e-Postcard
990-EZDecember 2023$364$153,718$3,299IRS
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990December 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about SPECTRUM HOUSING

What is the EIN of SPECTRUM HOUSING?
The employer identification number (EIN) of SPECTRUM HOUSING is 75-2435901.
Is SPECTRUM HOUSING tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to SPECTRUM HOUSING tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SPECTRUM HOUSING file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SPECTRUM HOUSING 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 SPECTRUM HOUSING last file with the IRS?
The latest return in the IRS public files is the 990-N for 2025 for the year ended December 31, 2025.
Who is the principal officer of SPECTRUM HOUSING?
The 990-N for 2025 names David P Cole.
Who are the officers and directors of SPECTRUM HOUSING?
The 990-EZ for the year ended December 31, 2023 lists 7 people; 4 received compensation from the organization, the highest $54,365 (Sheldon Schreiberg, Secretary).
How much revenue does SPECTRUM HOUSING have?
On its 990-EZ for the year ended December 31, 2023 it reported revenue of $364, expenses of $153,718 and total assets of $3,299 at year end.

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