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Nonprofit · EIN 81-3188845

AFFORDABLE CENTRAL TEXAS INC

Tax-exempt · AUSTIN, TX 78752

Financials

$1.1M$1.1M2023$1.6M$1.3M2024$939K$1.3M2025
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE CENTRAL TEXAS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$938,991$1,281,340-$342,349$2,008,550$681,082$1,327,468
December 31, 2024990$1,626,579$1,286,135$340,444$2,347,158$677,341$1,669,817
December 31, 2023990$1,060,062$1,073,986-$13,924$2,099,067$769,694$1,329,373
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$330,490
Program service revenue
$904,999
Investment income
$48,018
Other revenue
-$344,516

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$499,504
Other salaries and wages
$2,985
Salaries, compensation and benefits (total)
$995,205
Professional fundraising fees
$0
Legal fees
$4,273
Accounting fees
$14,854
Occupancy
$32,635
Travel
$6,622
Depreciation
$9,245
Program services (functional)
$839,991
Management and general (functional)
$242,188
Fundraising (functional)
$199,161

Balance sheet and other

Total assets, start of year
$2,347,158
Total assets, end of year
$2,008,550
Total liabilities, end of year
$681,082
Net assets, end of year
$1,327,468
Land, buildings and equipment
$862
Gross receipts
$938,991
Employees
8
Volunteers
8
Year formed
2016
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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MONICA MEDINAPRESIDENT AND CEO
Trustee or director, Officer
40$330,100$13,204
DAVID STEINWEDELLBOARD CHAIRMAN AND FOUNDER
Trustee or director, Officer
40$180,000$7,200
MISSY SAEZASSET MANAGER
Highest-paid employee
40$151,200$5,549
BEVERLY GRASSVP OF FINANCE
Highest-paid employee
40$138,600$5,544
FRANCES FERGUSONBOARD MEMBER
Trustee or director
2$0$0
MARIANNE SCOTT DWIGHTBOARD SECRETARY
Trustee or director, Officer
2$0$0
PRINTICE GARYBOARD MEMBER
Trustee or director
2$0$0
BRIAN STRICKLANDBOARD MEMBER
Trustee or director
2$0$0
SHARMILA KASSAMVICE BOARD CHAIR & BOARD TREASURER
Trustee or director, Officer
2$0$0
JENNIFER WENZELBOARD MEMBER
Trustee or director
2$0$0
ASHTON CUMBERBATCHBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensationOther / benefits
MONICA MEDINAPRESIDENT AND CEO
Trustee or director, Officer
40$325,000$13,000
DAVID STEINWEDELLBOARD CHAIRMAN AND FOUNDER
Trustee or director, Officer
40$162,500$6,500
MISSY SAEZASSET MANAGER
Highest-paid employee
40$150,000$7,983
BEVERLY GRASSVP OF FINANCE
Highest-paid employee
40$126,000$4,953
FRANCES FERGUSONBOARD MEMBER
Trustee or director
2$0$0
MARIANNE SCOTT DWIGHTBOARD SECRETARY
Trustee or director, Officer
2$0$0
PRINTICE GARYBOARD MEMBER
Trustee or director
2$0$0
BRIAN STRICKLANDBOARD MEMBER
Trustee or director
2$0$0
SHARMILA KASSAMBOARD TREASURER
Trustee or director, Officer
2$0$0
JENNIFER WENZELBOARD MEMBER
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensationOther / benefits
DAVID STEINWEDELLCEO
Trustee or director, Officer
40$240,000$2,033
KATHY DENNYMANAGING DIRECTOR REAL EST
Highest-paid employee
40$163,500$1,345
AMY BARBEEMANAGING DIRECTOR CAPITAL
Highest-paid employee
30$162,000$1,485
MONICA MEDINAPRESIDENT
Officer
40$161,500$1,837
BEVERLY GRASSVP OF FINANCE
Highest-paid employee
40$110,419$881
ASHLEY HUNTERBOARD TREASURER
Trustee or director, Officer
2$0$0
FRANCES FERGUSONBOARD MEMBER
Trustee or director
2$0$0
MARIANNE SCOTT DWIGHTBOARD SECRETARY
Trustee or director, Officer
2$0$0
PRINTICE GARYBOARD MEMBER
Trustee or director
2$0$0
BRIAN STRICKLANDBOARD MEMBER
Trustee or director
2$0$0
SHARMILA KASSAMBOARD MEMBER
Trustee or director
2$0$0
STEVE LEBLANCBOARD CHAIRMAN
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
6000 N LAMAR BLVD STE 200, AUSTIN, TX 78752-4435
Principal officer (990 for 2025)
MONICA MEDINA, 6000 N LAMAR BLVD SUITE 200, AUSTIN, TX 78752
Signed the 990
MONICA MEDINA, PRESIDENT & CEO
Phone
(512) 202-7997
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TEXAS HOUSING CONSERVANCY (TXHC) IS A NONPROFIT THAT PRESERVES LONG-TERM AFFORDABILITY IN MULTIFAMILY HOUSING FOR TEXAS' WORKFORCE BY LEVERAGING PRIVATE CAPITAL WITHOUT ONGOING PUBLIC SUBSIDY.

990 for the year ended December 31, 2025

Program accomplishments

  • TEXAS HOUSING CONSERVANCY PRESERVES AFFORDABLE HOUSING FOR THE LONG TERM BY ACQUIRING AND MANAGING MULTIFAMILY PROPERTIES WHERE AT LEAST 51% OF RESIDENTS EARN AT OR BELOW 80% OF THE MEDIAN FAMILY INCOME, ENSURING STABILITY FOR ESSENTIAL WORKERS ACROSS TEXAS.
    Expenses $805,342 · revenue $560,483
  • THROUGH OUR TEXAS TOGETHER PROGRAM - WHICH INCLUDES FINANCIAL FOUNDATIONS, BACK TO SCHOOL, GROCERY GIVEAWAYS, CONSERVANCY CUPBOARDS, AND OTHER COMMUNITY IMPACT INITIATIVES - WE DELIVER YEAR-ROUND SERVICES ACROSS 17 PROPERTIES, SUPPORTING OVER 4,000 RESIDENTS WITH FINANCIAL COACHING, SCHOOL SUPPLIES, FOOD ACCESS, AND NEIGHBORHOOD ENGAGEMENT.
    Expenses $34,649

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 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3188845
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,008,550
Income (IRS master file)
$938,991

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$938,991$1,281,340$2,008,550XML
990December 2024$1,626,579$1,286,135$2,347,158XML
990December 2023$1,060,062$1,073,986$2,099,067XML
990December 2022$2,213,857$854,804$2,125,083IRS
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 81-3188845).

Questions about AFFORDABLE CENTRAL TEXAS INC

What is the EIN of AFFORDABLE CENTRAL TEXAS INC?
The employer identification number (EIN) of AFFORDABLE CENTRAL TEXAS INC is 81-3188845.
Is AFFORDABLE CENTRAL TEXAS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to AFFORDABLE CENTRAL TEXAS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE CENTRAL TEXAS 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 AFFORDABLE CENTRAL TEXAS 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 AFFORDABLE CENTRAL TEXAS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of AFFORDABLE CENTRAL TEXAS INC?
The 990 for the year ended December 31, 2025 names MONICA MEDINA.
Who are the officers and directors of AFFORDABLE CENTRAL TEXAS INC?
The 990 for the year ended December 31, 2025 lists 11 people; 4 received compensation from the organization, the highest $330,100 (MONICA MEDINA, PRESIDENT AND CEO).
How much revenue does AFFORDABLE CENTRAL TEXAS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $938,991, expenses of $1,281,340 and total assets of $2,008,550 at year end.

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