Low income Housing for the disabled under section 811 of the national Housing act

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Run by 5 volunteers.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $20K a year · 7% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$58K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$284K
+4% vs prior year
Spent
$307K
To programs
100%
Net assets
$754K
By yearFY2021–FY2025
Revenue
$284K
FY2025▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2021$277K
FY2022$277K
FY2023$295K
FY2024$274K
FY2025$284K
Expenses
$307K
FY2025▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2021$298K
FY2022$306K
FY2023$320K
FY2024$277K
FY2025$307K
Net assets
$754K
FY2025▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2021$834K
FY2022$805K
FY2023$780K
FY2024$777K
FY2025$754K

From the FY2025 Form 990 (year ending June 2025) · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $307K

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See V N Housing Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides affordable housing for disabled individuals using federal programs.

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1 program · $307K · in their own filed words · FY2024
01

15 unit apartment building for low income disabled persons

$307Kprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$284K
Ln 12
Fees for servicesLn 2g$281K
Other incomeLn 4–11$2K
Investment incomeLn 3$706
Money outPt IX
$307K
Ln 25
Programscol B$307K
Owns and owesPt X
$754K
net assets · Ln 32
Cash and savingsLn 1–2$7K
Total assetsLn 16$812K
LiabilitiesLn 26$58K
PeoplePt VI, VII
4
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$281K
Investment incomeLn 3$706
Other incomeLn 4–11$2K
Gains on assetsLn 7$0
Total revenueLn 12$284K
Assets in detailPt X, end of year
CashLn 1$2K
SavingsLn 2$5K
Cash and savings togetherLn 1–2$7K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$247K
Other assetsLn 15$524K
Total assetsLn 16$812K
LiabilitiesLn 26$58K
Net assetsLn 32$754K
OperationsPt I, VI
EmployeesI 50
VolunteersI 65
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$5K$7K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$307K$247K
Total assetsLn 16$864K$812K
LiabilitiesLn 26$87K$58K
Net assetsLn 32$777K$754K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$17K$17K
Legal feesLn 11b$0
Accounting feesLn 11c$12K$12K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$98$98
Office expensesLn 13$4K$4K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$56$56
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$66K$66K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$179K$179K
All other expensesLn 24e$948$948
Total functional expensesLn 25$307K$307K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $284K$307K−$23K$754K 990 PDF
FY2024 $274K$277K−$3K$777K 990 PDF
FY2023 $295K$320K−$24K$780K 990 PDF
FY2022 $277K$306K−$29K$805K 990 PDF
FY2021 $277K$298K−$21K$834K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $283,618 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $271,928$281,220
I-10 Investment incomePrior year $120$706
I-11 Other revenuePrior year $1,510$1,692
I-12 Total revenuePrior year $273,558$283,618
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $276,792$306,639
I-18 Total expensesPrior year $276,792$306,639
I-19 Revenue less expensesPrior year −$3,234−$23,021
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $283,618 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $281,220$281,220
VIII-3 Investment incomeExcluded from tax $706$706
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,692$1,692
VIII-12 Total revenueRelated to mission $282,912 · Excluded from tax $706$283,618
Part IX · Statement of functional expenses $306,639 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management feesPrograms $16,885$16,885
IX-11b Legal fees$0
IX-11c Accounting feesPrograms $11,900$11,900
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-12 Advertising and promotionPrograms $98$98
IX-13 Office expensesPrograms $4,059$4,059
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $56$56
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $66,356$66,356
IX-23 InsurancePrograms $27,092$27,092
IX-24 Other expenses (24a–d)Programs $179,245$179,245
IX-24e All other expensesPrograms $948$948
IX-25 Total functional expensesPrograms $306,639 · Management $0 · Fundraising $0$306,639
Part X · Balance sheet $811,634 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $391$1,737
X-2 Savings and temporary cash investmentsStart of year $4,819$4,861
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $64,398$453
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $24,036$33,094
X-10c Land, buildings and equipment, netStart of year $307,446$247,376
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $463,018$524,113
X-16 Total assetsStart of year $864,108$811,634
X-17 Accounts payable and accrued expensesStart of year $81,173$52,251
X-19 Deferred revenueStart of year $171$577
X-25 Other liabilitiesStart of year $5,798$4,861
X-26 Total liabilitiesStart of year $87,142$57,689
X-27 Net assets without donor restrictionsStart of year $776,966$753,945
X-32 Total net assets or fund balancesStart of year $776,966$753,945
X-33 Total liabilities and net assetsStart of year $864,108$811,634
Part XI · Reconciliation of net assets $753,945 net assets at year end
XI-1 Total revenue$283,618
XI-2 Total expenses$306,639
XI-3 Revenue less expenses−$23,021
XI-4 Net assets at start of year$776,966
XI-10 Net assets at end of year$753,945

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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