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Nonprofit · EIN 75-2839932

CROSSROADS HOUSING DEVELOPMENT CORPORATION

Tax-exempt · BIG SPRING, TX 79721

Financials

$31.4M$31.3M2023$50.7M$50.6M2024
Revenue Expenses · by fiscal year end
Financials of CROSSROADS HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$50,651,700$50,563,500$88,200$1,620,196$125,259$1,494,937
December 31, 2023990$31,386,288$31,311,948$74,340$1,492,005$76,874$1,415,131
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$50,739,244
Investment income
-$99,980
Royalties
$9,634
Net rental income
$2,652
Net gain from sales of assets
-$119,960
Other revenue
$12,436

Expenses

Grants and similar amounts paid
$150,284
Compensation of officers, directors and key employees
$250,557
Other salaries and wages
$126,013
Salaries, compensation and benefits (total)
$526,809
Professional fundraising fees
$0
Legal fees
$88,395
Occupancy
$36,623
Travel
$5,080
Depreciation
$6,968
Program services (functional)
$50,301,771
Management and general (functional)
$261,729

Balance sheet and other

Total assets, start of year
$1,492,005
Total assets, end of year
$1,620,196
Total liabilities, end of year
$125,259
Net assets, end of year
$1,494,937
Land, buildings and equipment
$158,115
Net assets without donor restrictions
$1,494,937
Gross receipts
$50,876,111
Employees
4
Volunteers
3
Year formed
1999
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 / weekCompensationOther / benefits
STACY SWISHERExecutive Director Board Secretary
Trustee or director, Officer, Key employee
40$220,339$84,278
LINDA PRYORDeputy Director
Officer
30$30,139$14,289
RAUL J MARQUEZBoard chair
Trustee or director, Officer
1$0$0
BROOKE ATKINSTreasurer
Trustee or director, Officer
1$0$0
DR THADEUS RASHAAD MCCALISTERDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
STACY SWISHERExecutive Director Board Secretary
Trustee or director, Officer, Key employee
40$207,954$78,528
LINDA PRYORDeputy Director
Officer
30$29,038$9,935
CLIFTON TALBOT resigned 2023Director
Trustee or director
1$0$0
RAUL J MARQUEZChairman
Trustee or director, Officer
1$0$0
JOHN SCOTT removed November 2023Director
Trustee or director
1$0$0
MARGARITO YANEZ JRresigned NovemberDirector
Trustee or director
1$0$0
RICKEY STONE resigned December 2023Director
Trustee or director
1$0$0
TROY TOMPKINS resigned November 202Director
Trustee or director
1$0$0
BROOKE ATKINSTreasurer
Trustee or director, Officer
1$0$0
DR THADEUS RASHAAD MCCALISTERDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 1042, BIG SPRING, TX 79721-1042
In care of
% PAUL D PRYOR
Principal officer (990 for 2024)
STACY SWISHER, PO BOX 1042, BIG SPRING, TX 79721
Signed the 990
STACY SWISHER, EXECUTIVE DIRECTOR
Phone
(432) 267-2206
Return prepared by
RANDY SILHAN CPA CFE

Mission

CHDC is a community housing development organization that assists in creating, managing, and developing affordable housing for citizens of Howard County and its continand all areas west of US Hwy 59 in the State of TX and Regions 4, 5, 6, and 11 as reflected in the TDHCA Map of Uniform State Service Regions of TX.

990 for the year ended December 31, 2024

Program accomplishments

  • Pryors Projects Program The intent of the program is to buy rundown or abandoned houses within Howard County, renovate them so that the future homeowner has no major renovation expenses for the first five years of ownership, and sell them to low-income families or individuals that intend to live in the houses.
    Expenses $80,193
  • Low Income Housing Tax Credit Program - general contractor and management of low income housing projects under IRC Section 42 throughout Texas.
    Expenses $50,027,536 · revenue $50,739,244
  • Deposit Assistance Management Program. The intent of this program is to assist Big Spring Housing Authority Rental Assistance Voucher clients moving into a new residence by providing eligible applicants assistance partial or complete with lease or utility deposits. Specific guidelines regarding eligibility and income verification are set forth within the management plan.
    Expenses $44,520 · grants $25,000

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
75-2839932
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,620,196
Income (IRS master file)
$50,876,111

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$50,651,700$50,563,500$1,620,196XML
990December 2023$31,386,288$31,311,948$1,492,005XML
990December 2022$20,296,232$20,305,105$1,389,817IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 75-2839932).

Questions about CROSSROADS HOUSING DEVELOPMENT CORPORATION

What is the EIN of CROSSROADS HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of CROSSROADS HOUSING DEVELOPMENT CORPORATION is 75-2839932.
Is CROSSROADS HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to CROSSROADS HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CROSSROADS HOUSING DEVELOPMENT 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 CROSSROADS HOUSING DEVELOPMENT CORPORATION 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 CROSSROADS HOUSING DEVELOPMENT CORPORATION 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 CROSSROADS HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names STACY SWISHER.
Who are the officers and directors of CROSSROADS HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $220,339 (STACY SWISHER, Executive Director Board Secretary).
How much revenue does CROSSROADS HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $50,651,700, expenses of $50,563,500 and total assets of $1,620,196 at year end.

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