philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Universal Housing Development Corp FY2020 filing

Tax-deductible

Russellville, AR501(c)(3)Housing EIN 23-7416304Revenue $2.0M in FY2020

On file with the IRSuhdchousing.orgPo Box 846, 72811-0846 · Russellville, ARTax-exempt since Dec 1974Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Affordable Housing assistance

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
$139K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · 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
5 of 6
filings with a surplus
Average surplus $43K a year · 2% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$139K
to officers and key staff · 7% of spending
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $245K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$974K
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$2.0M
Spent
$2.0M
To programs
89%
Net assets
$4.3M
By yearFY2020–FY2025
Revenue
$2.0M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$1.7M
FY2023$1.9M
FY2024$1.8M
FY2025$2.0M
Expenses
$2.0M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$2.0M
FY2021$1.9M
FY2022$1.7M
FY2023$1.7M
FY2024$2.0M
FY2025$1.8M
Net assets
$4.3M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$4.3M
FY2021$4.3M
FY2022$4.4M
FY2023$4.6M
FY2024$4.4M
FY2025$4.5M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1974.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $1.8M Management & general 11% · $221K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

11 people listed on the 990; $139K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Bill Tucker
Assistant Director
$71,804Pt VII · Sec A
Beverly Massey
Executive Director CFO
$66,893Pt VII · Sec A
Willie Braxton
Board Member
$0Pt VII · Sec A
Johnnie Carolina
Board Member
$0Pt VII · Sec A
Steve Hubbard
Board Member
$0Pt VII · Sec A
Jimmy Hart
Board Member
$0Pt VII · Sec A
Chris George
President
$0Pt VII · Sec A
Aleah Davis
Secretary Treasurer
$0Pt VII · Sec A

Beverly Massey’s $84K as Executive Director is at the 20th percentile of top reported officer pay among 2036 $1–10M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2022FY2021FY2020
Beverly Massey$84,231$76,030$76,005$66,893
Bill Tucker$75,094$71,859$71,784$71,804

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Universal Housing Development Corp executive salaries →

On this list? Claim this org

Something off? Claim to add context

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 15aYes

Programs and updates

Universal Housing Development Corp is a housing nonprofit based in Russellville, AR.

Questions for Universal Housing Development Corp

Tap to ask. Universal Housing Development Corp sees how many people are interested.

Your first name shows with your question. Universal Housing Development Corp answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $1.8M · in their own filed words · FY2019
01

Other housing programs designed to assist families in obtaining affordable housing

$749Kprogram expense
02

Section 8 and 202 housing assistance provides for housingassistance payments on behalf of eligible tenants toprovide safe, decent & sanitary housing. 875 clients were assisted through this program.

$653Kprogram expense
03

Self help housing provides technical and supervisoryassistance that will aid needy very low and lowincome families in building houses. 28 clientswere assisted by this program.

$386Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Neighborhood Reinvestment CorporationFY2024$245K
Total grants receivedfrom 1 funder$245K

By the numbers

The FY2020 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$2.0M
Ln 12
Gifts and grantsLn 1h$1.3M
Fees for servicesLn 2g$487K
Other incomeLn 4–11$211K
Money outPt IX
$2.0M
Ln 25
Programscol B$1.8M
Managementcol C$221K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$1.3M
Total assetsLn 16$5.2M
LiabilitiesLn 26$974K
PeoplePt VI, VII
11
listed · VII A
PaidVII A2
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.3M
Government grantsLn 1e$1.3M
Fees for servicesLn 2g$487K
Investment incomeLn 3$1K
Other incomeLn 4–11$211K
Gains on assetsLn 7−$32K
Total revenueLn 12$2.0M
Assets in detailPt X, end of year
CashLn 1$537K
SavingsLn 2$758K
Cash and savings togetherLn 1–2$1.3M
InvestmentsLn 11–13$757K
Land, buildings, equipmentLn 10c$2.0M
Total assetsLn 16$5.2M
LiabilitiesLn 26$974K
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 527
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$1.4M$1.3M
InvestmentsLn 11–13$788K$757K
Land, buildings, equipmentLn 10c$2.0M$2.0M
Total assetsLn 16$5.3M$5.2M
LiabilitiesLn 26$1.1M$974K
Net assetsLn 32$4.3M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$49K$49K
Other salaries and wagesLn 7$787K$731K$57K
Pension plan contributionsLn 8$70K$61K$9K
Other employee benefitsLn 9$151K$126K$25K
Payroll taxesLn 10$72K$64K$9K
Management feesLn 11a$61K$61K
Accounting feesLn 11c$30K$10K$20K
Advertising and promotionLn 12$2K$1K$120
OccupancyLn 16$91K$79K$12K
TravelLn 17$31K$29K$1K
Conferences, conventions and meetingsLn 19$11K$10K$1K
InterestLn 20$27K$27K
Depreciation, depletion and amortizationLn 22$98K$96K$2K
InsuranceLn 23$56K$50K$5K
Other expenses (24a–d)Ln 24$472K$442K$30K
Total functional expensesLn 25$2.0M$1.8M$221K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $2.0M$1.8M$118K$4.5M 990 PDF
FY2024 $1.8M$2.0M−$196K$4.4M 990 PDF
FY2023 $1.9M$1.7M$220K$4.6M 990 PDF
FY2022 $1.7M$1.7M$69K$4.4M 990 PDF
FY2021 $1.9M$1.9M$28K$4.3M 990 PDF
FY2020 Viewing $2.0M$2.0M$19K$4.3M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $2,027,473 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,605,091$1,327,890
I-9 Program service revenuePrior year $402,803$487,361
I-10 Investment incomePrior year $27,830$1,009
I-11 Other revenuePrior year $104,077$211,213
I-12 Total revenuePrior year $2,139,801$2,027,473
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,123,983$1,129,478
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $889,593$878,922
I-18 Total expensesPrior year $2,013,576$2,008,400
I-19 Revenue less expensesPrior year $126,225$19,073
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $2,027,473 across 7 lines filed
VIII-1e Government grants$1,327,890
VIII-1h Total contributions, gifts and grants$1,327,890
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $487,361$487,361
VIII-3 Investment incomeRelated to mission $33,391$33,391
VIII-7 Net gain or loss on sales of assetsRelated to mission −$32,382−$32,382
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $211,213$211,213
VIII-12 Total revenueRelated to mission $699,583 · Unrelated business $0 · Excluded from tax $0$2,027,473
Part IX · Statement of functional expenses $2,008,400 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $48,549$48,549
IX-7 Other salaries and wagesPrograms $730,584 · Management $56,739$787,323
IX-8 Pension plan contributionsPrograms $60,582 · Management $9,432$70,014
IX-9 Other employee benefitsPrograms $126,412 · Management $24,894$151,306
IX-10 Payroll taxesPrograms $63,722 · Management $8,564$72,286
IX-11a Management feesPrograms $60,518$60,518
IX-11c Accounting feesPrograms $10,370 · Management $20,033$30,403
IX-12 Advertising and promotionPrograms $1,461 · Management $120$1,581
IX-16 OccupancyPrograms $79,317 · Management $11,972$91,289
IX-17 TravelPrograms $29,359 · Management $1,322$30,681
IX-19 Conferences, conventions and meetingsPrograms $9,845 · Management $1,046$10,891
IX-20 InterestPrograms $27,179$27,179
IX-22 Depreciation, depletion and amortizationPrograms $95,974 · Management $2,361$98,335
IX-23 InsurancePrograms $50,274 · Management $5,339$55,613
IX-24 Other expenses (24a–d)Programs $442,230 · Management $30,202$472,432
IX-25 Total functional expensesPrograms $1,787,827 · Management $220,573 · Fundraising $0$2,008,400
Part X · Balance sheet $5,245,583 assets, 14 lines filed
Asset lines not itemized here account for $1,109,392; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $495,312$537,317
X-2 Savings and temporary cash investmentsStart of year $881,584$758,290
X-4 Accounts receivableStart of year $41,606$24,277
X-9 Prepaid expenses and deferred chargesStart of year $13,065$19,861
X-10c Land, buildings and equipment, netStart of year $1,976,181$2,039,526
X-13 Program-related investmentsStart of year $787,550$756,920
X-16 Total assetsStart of year $5,319,006$5,245,583
X-17 Accounts payable and accrued expensesStart of year $62,420$54,587
X-25 Other liabilitiesStart of year $22,006$24,625
X-26 Total liabilitiesStart of year $1,066,364$973,868
X-27 Net assets without donor restrictionsStart of year $3,217,047$4,217,895
X-28 Net assets with donor restrictionsStart of year $1,035,595$53,820
X-32 Total net assets or fund balancesStart of year $4,252,642$4,271,715
X-33 Total liabilities and net assetsStart of year $5,319,006$5,245,583
Part XI · Reconciliation of net assets $4,271,715 net assets at year end
XI-1 Total revenue$2,027,473
XI-2 Total expenses$2,008,400
XI-3 Revenue less expenses$19,073
XI-4 Net assets at start of year$4,252,642
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,271,715

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.