Nonprofit · EIN 85-0481429
AGUA AZUL HOUSING INC
Tax-exempt · ALBUQUERQUE, NM 87198
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $214,720 | $255,914 | -$41,194 | $1,100,830 | $1,731,345 | -$630,515 |
| September 30, 2024 | 990 | $194,599 | $235,868 | -$41,269 | $1,129,397 | $1,718,718 | -$589,321 |
| September 30, 2023 | 990 | $192,509 | $240,705 | -$48,196 | $1,161,766 | $1,709,818 | -$548,052 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $213,597
- Investment income
- $324
- Other revenue
- $799
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $47,890
- Salaries, compensation and benefits (total)
- $79,300
- Professional fundraising fees
- $0
- Accounting fees
- $19,423
- Depreciation
- $47,447
- Program services (functional)
- $255,914
Balance sheet and other
- Total assets, start of year
- $1,129,397
- Total assets, end of year
- $1,100,830
- Total liabilities, end of year
- $1,731,345
- Net assets, end of year
- -$630,515
- Land, buildings and equipment
- $1,014,005
- Net assets without donor restrictions
- -$630,515
- Gross receipts
- $214,720
- Employees
- 0
- Year formed
- 2001
- State of legal domicile
- NM
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALLEN DRUM | SECRETARY Trustee or director | 2 | $0 |
| MICHELLE DRUM | DIRECTOR Trustee or director | 2 | $0 |
| KARA SUMMERS | PRESIDENT Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARA SUMMERS | PRESIDENT Trustee or director | 2 | $0 |
| MICHELLE DRUM | DIRECTOR Trustee or director | 2 | $0 |
| ALLEN DRUM | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARA SUMMERS | PRESIDENT Trustee or director | 2 | $0 |
| MICHELLE DRUM | DIRECTOR Trustee or director | 2 | $0 |
| ALLEN DRUM | SECRETARY Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 80009, ALBUQUERQUE, NM 87198-0009
- In care of
- % KARA SUMMERS
- Signed the 990
- KARA SUMMERS, PRESIDENT
- Phone
- (505) 452-1553
- Return prepared by
- BLOOM & BLOOM LLP
Mission
TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSON
Program accomplishments
- TO PROVIDE AFFORDABLE HOUSING FOR LOW INCOME DISABLED PERSONExpenses $255,914 · revenue $214,720
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 85-0481429
- 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
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,100,830
- Income (IRS master file)
- $214,720
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $214,720 | $255,914 | $1,100,830 | IRS |
| 990 | September 2024 | $194,599 | $235,868 | $1,129,397 | XML |
| 990 | September 2023 | $192,509 | $240,705 | $1,161,766 | XML |
| 990 | September 2022 | $442,747 | $234,357 | $1,208,711 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 85-0481429).
Questions about AGUA AZUL HOUSING INC
- What is the EIN of AGUA AZUL HOUSING INC?
- The employer identification number (EIN) of AGUA AZUL HOUSING INC is 85-0481429.
- Is AGUA AZUL HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to AGUA AZUL HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AGUA AZUL HOUSING 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 AGUA AZUL HOUSING INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AGUA AZUL HOUSING INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of AGUA AZUL HOUSING INC?
- The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does AGUA AZUL HOUSING INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $214,720, expenses of $255,914 and total assets of $1,100,830 at year end.
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