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Nonprofit · EIN 87-0457932

HOUSING CORPORATION OF AMERICA

Tax-exempt · SALT LAKE CITY, UT 84111

Financials

$5.3M$2.1M2023$2.5M$2.4M2024
Revenue Expenses · by fiscal year end
Financials of HOUSING CORPORATION OF AMERICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,527,737$2,374,039$153,698$16,949,370$21,143$16,928,227
December 31, 2023990$5,270,140$2,057,821$3,212,319$16,777,436$22,096$16,755,340
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$230,000
Program service revenue
$2,033,439
Investment income
$262,355
Other revenue
$1,943

Expenses

Grants and similar amounts paid
$76,354
Compensation of officers, directors and key employees
$664,060
Other salaries and wages
$546,308
Salaries, compensation and benefits (total)
$1,573,658
Professional fundraising fees
$0
Legal fees
$3,777
Accounting fees
$27,146
Occupancy
$21,431
Travel
$19,862
Depreciation
$2,903
Program services (functional)
$2,018,478
Management and general (functional)
$355,561

Balance sheet and other

Total assets, start of year
$16,777,436
Total assets, end of year
$16,949,370
Total liabilities, end of year
$21,143
Net assets, end of year
$16,928,227
Land, buildings and equipment
$7,950
Net assets without donor restrictions
$16,928,127
Net assets with donor restrictions
$100
Gross receipts
$2,527,737
Employees
18
Volunteers
0
Year formed
1990
State of legal domicile
UT

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
COREY HEIMLICHVICE PRESIDENT
Trustee or director, Officer
30$170,930$53,576
CAROL CROMARPRESIDENT/TREASURER
Trustee or director, Officer
30$127,600$33,292
BONNIE YOUNGSECRETARY
Officer
30$133,473$21,600
NICOLE WEINSTOCKDIRECTOR OF RESIDENT SERVI
Highest-paid employee
30$115,522$21,580
NURI AMANTULLAHART DIRECTOR
Highest-paid employee
30$106,535$24,963
MARK F NELSONTRUSTEE
Trustee or director
0.5$1,000$0
SANDRA GREENWAYTRUSTEE
Trustee or director
0.5$1,000$0
MARK B COHENTRUSTEE
Trustee or director
0.5$1,000$0
CHENIN DOWTRUSTEE
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
COREY HEIMLICHVICE PRESIDENT
Trustee or director, Officer
30$170,067$48,599
BONNIE YOUNGSECRETARY
Officer
30$134,100$21,600
CAROL CROMARPRESIDENT/TREASURER
Trustee or director, Officer
30$124,000$21,377
NICOLE WEINSTOCKDIRECTOR OF RESIDENT SERVI
Highest-paid employee
30$114,075$15,343
SCOTT L BRINGHURST JRCHAIRMAN
Trustee or director, Officer
0.5$1,000$0
MARK F NELSONTRUSTEE
Trustee or director
0.5$1,000$0
SANDRA GREENWAYTRUSTEE
Trustee or director
0.5$1,000$0
MARK B COHENTRUSTEE
Trustee or director
0.5$1,000$0

Address and contacts

Address (IRS master file)
56 E 300 S, SALT LAKE CITY, UT 84111-2232
In care of
% CAROL CROMAR
Principal officer (990 for 2024)
CAROL CROMAR, PO BOX 69, BOUNTIFUL, UT 84011
Signed the 990
CAROL CROMAR, PRESIDENT
Phone
(801) 819-7989
Return prepared by
DAUBY O'CONNOR & ZALESKI LLC

Mission

TO PRESERVE AND PROVIDE AFFORDABLE HOUSING WHILE IMPROVING THE SURROUNDING COMMUNITIES AND OFFERING RESIDENTS A SENSE OF DIGNITY AND PRIDE ASSOCIATED WITH AN IMPROVED STANDARD OF LIVING

990 for the year ended December 31, 2024

Program accomplishments

  • DEVELOP AND MANAGE HOUSING PROJECTS FOR LOW AND MODERATE INCOME INDIVIDUALS AND FAMILIES.
    Expenses $2,018,478 · grants $76,354 · revenue $2,035,382

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
87-0457932
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
1989
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,949,370
Income (IRS master file)
$2,527,737

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,527,737$2,374,039$16,949,370XML
990December 2023$5,270,140$2,057,821$16,777,436XML
990December 2022$2,192,630$1,724,624$13,575,832IRS
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 87-0457932).

Questions about HOUSING CORPORATION OF AMERICA

What is the EIN of HOUSING CORPORATION OF AMERICA?
The employer identification number (EIN) of HOUSING CORPORATION OF AMERICA is 87-0457932.
Is HOUSING CORPORATION OF AMERICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to HOUSING CORPORATION OF AMERICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING CORPORATION OF AMERICA 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 HOUSING CORPORATION OF AMERICA 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 HOUSING CORPORATION OF AMERICA 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 HOUSING CORPORATION OF AMERICA?
The 990 for the year ended December 31, 2024 names CAROL CROMAR.
Who are the officers and directors of HOUSING CORPORATION OF AMERICA?
The 990 for the year ended December 31, 2024 lists 9 people; 8 received compensation from the organization, the highest $170,930 (COREY HEIMLICH, VICE PRESIDENT).
How much revenue does HOUSING CORPORATION OF AMERICA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,527,737, expenses of $2,374,039 and total assets of $16,949,370 at year end.

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