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Nonprofit · EIN 92-1353808

EQ HOUSING ADVISORS INC

Tax-exempt · SANDY SPRINGS, GA 30327

Financials

$21K$2K2023$1.2M$294K2024
Revenue Expenses · by fiscal year end
Financials of EQ HOUSING ADVISORS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,202,234$294,215$908,019$4,593,486$2,097,946$2,495,540
December 31, 2023990$20,577$1,500$19,077$509,077$0$509,077
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,200,546
Program service revenue
$0
Investment income
$1,688
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$54,967
Salaries, compensation and benefits (total)
$66,998
Professional fundraising fees
$0
Accounting fees
$2,531
Travel
$2,844
Program services (functional)
$286,839
Management and general (functional)
$7,376

Balance sheet and other

Total assets, start of year
$509,077
Total assets, end of year
$4,593,486
Total liabilities, end of year
$2,097,946
Net assets, end of year
$2,495,540
Net assets without donor restrictions
$2,495,540
Gross receipts
$1,202,234
Employees
1
Volunteers
5
Year formed
2022
State of legal domicile
GA

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 / weekCompensation
Marc PollackBoard Chair, President
Trustee or director, Officer
30$0
Robin PollackTreasurer, Secretary
Trustee or director, Officer
5$0
Sylvia GortDirector
Trustee or director
2$0
Aaron GoldmanDirector
Trustee or director
2$0
Atticus LeblancDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MARC POLLACKBOARD CHAIR, PRESIDENT
Trustee or director, Officer
5$0
ROBIN POLLACKTREASURER , SECRETARY
Trustee or director, Officer
5$0
SYLVIA GORTDIRECTOR
Trustee or director
2$0
AARON GOLDMANDIRECTOR
Trustee or director
2$0
ATTICUS LEBLANCDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
5225 LONG ISLAND DR NW, SANDY SPRINGS, GA 30327-4909
Principal officer (990 for 2024)
Marc S Pollack, 5605 Glenridge Drive Ste 775, Atlanta, GA 30342
Signed the 990
Marc S Pollack, BOARD CHAIR & President
Phone
(404) 835-1480
Return prepared by
Aprio Advisory Group LLC

Mission

To serve as a much-needed umbrella in the affordable housing ecosystem involved in all things affordable housing for low-income people. EQ Housing Advisors shall advocate and work to drive policy, provide rental and/or for-sale thru acquisitions and/or development, invest in projects that provide affordable housing for low income persons, advice, mentor and consult with other sponsors/developers involved in providing affordable housing for low income persons, serve as a philanthropic organization in general in the ecosystem of housing for lower income persons, and to sell housing units to residents/owners who make no more than 80-120 percent of the area's median income as computed and published by the Department of Housing and Urban Development (HUD).

990 for the year ended December 31, 2024

Program accomplishments

  • The past, present, and future activities of the Corporation focus on investing in, acquiring, building, , rehabilitating, and owning affordable housing for low-, very low-, moderate-, and workforce-income families and individuals. In compliance with IRS Revenue Procedure 1996-32, for each rental housing facility developed or acquired by the Corporation:1. At least 75 percent of the units will be occupied by residents earning no more than 80 percent of the area's median income (AMI), as computed and published by the Department of Housing and Urban Development (HUD).2. Additionally, either:a) At least 20 percent of the units will be occupied by residents earning no more than 50 percent of AMI as published by HUD; orb) At least 40 percent of the units will be occupied by residents earning no more than 60 percent of AMI as published by HUD.For multifamily rental housing projects, the Corporation will adhere to a broader mission that provides for much needed workforce housing at 80-120% of AMI to address workforce housing needs in its target markets. These units are intended to provide affordable housing options for individuals and families who earn above traditional affordable housing thresholds but still face challenges accessing market-rate housing.For for-sale housing projects, the Corporation intends to sell housing units to residents/owners earning between 80 percent and 120 percent of AMI, as computed and published by HUD. These workforce housing investments align with the Corporation's mission to expand access to affordable housing across a broader income spectrum while addressing critical gaps in housing affordability.The Corporation's activities reflect its commitment to serving households earning between 30 percent and 120 percent of AMI through a combination of rental housing developments and acquisitions, for-sale housing initiatives, and workforce housing investments. These efforts are designed to meet diverse community needs while maintaining compliance with applicable IRS requirements and broadening our mission.The activities of the Corporation will be conducted by the Board of Directors and officers of the Corporation and a management company as described in Part V, Question 7, which the Corporation anticipates contracting with after it receives tax-exempt status. The Corporation will conduct its activities in the United States, with an initial focus on the Atlanta metro area. 100 percent of the Corporations time will be allocated to its charitable activities. The Corporation's activities will be funded by charitable grants from governmental entities, individuals, and private foundations, equity and/or debt from financial institutions, investment income, and rents and fees from tenants living in the Corporations facilities. Rent and fees will be reasonable and the Corporation intends to charge a monthly rental fee as determined by HUD annually. The monthly rental fee schedule will be determined on a facility by facility basis and will be in an amount sufficient to repay any indebtedness in connection with the facility, maintain adequate reserves for the upkeep of the facility and pay all other reasonable costs associated with running a quality affordable housing facility. It is the Corporation's intention to operate its facilities at the lowest feasible cost consistent with its financial obligations and charitable purposes. The Corporation will attempt to make arrangements for payment plans that follow HUD rules in the event a tenant is unable to pay his or her portion of rent or other fees. If a tenant is still unable to make payments after a payment plan is put in place, then the Corporation will follow HUD rules and local landlord tenant laws for notices and processing of eviction. 100 percent of the Corporation's revenue and expenses will be allocated to it's activities.The activities of the Corporation will further its tax exempt purposes by providing affordable, quality housing to low income individuals and providing relief to the poor.
    Expenses $286,839

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
92-1353808
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,593,486
Income (IRS master file)
$1,202,234

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,202,234$294,215$4,593,486XML
990December 2023$20,577$1,500$509,077XML
990December 2022$500,000$10,000$490,000IRS

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 92-1353808).

Questions about EQ HOUSING ADVISORS INC

What is the EIN of EQ HOUSING ADVISORS INC?
The employer identification number (EIN) of EQ HOUSING ADVISORS INC is 92-1353808.
Is EQ HOUSING ADVISORS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to EQ HOUSING ADVISORS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EQ HOUSING ADVISORS 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 EQ HOUSING ADVISORS INC 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 EQ HOUSING ADVISORS INC 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 EQ HOUSING ADVISORS INC?
The 990 for the year ended December 31, 2024 names Marc S Pollack.
Who are the officers and directors of EQ HOUSING ADVISORS INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does EQ HOUSING ADVISORS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,202,234, expenses of $294,215 and total assets of $4,593,486 at year end.

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