Tracy Area Housing INC: Nonprofit Profile, Financials & Form 990 (EIN 41-1275445)

Revenue by fiscal year
FY2019	$155K
FY2020	$161K
FY2021	$163K
FY2022	$172K
FY2023	$170K
FY2024	$191K
FY2025	$211K

Expenses by fiscal year
FY2019	$155K
FY2020	$149K
FY2021	$148K
FY2022	$169K
FY2023	$151K
FY2024	$169K
FY2025	$175K

Net assets by fiscal year
FY2019	$71K
FY2020	$82K
FY2021	$97K
FY2022	$100K
FY2023	$120K
FY2024	$141K
FY2025	$177K

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2025. IRS ruling in Dec 1976.

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

Where the money goes

100 cents of each dollar spent went to programs.

100%

Program services 100% · $175K

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

Something off? Claim to add context

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation

Dawn Benson

President

$0Pt VII · Sec A

Rod Benson

Board Member

$0Pt VII · Sec A

Tammy Horner

Secretary

$0Pt VII · Sec A

Janet Randall

Vice President

$0Pt VII · Sec A

Jamie Verdeck

Board Member

$0Pt VII · Sec A

See Tracy Area Housing INC executive salaries →

Questions the 990 asks

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

Family or business ties among officersPt VI · Ln 2Yes
Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing to local families in need.

Questions for Tracy Area Housing INC

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1 program · $175K · in their own filed words · FY2025

01

Provide low income housing

Form 990 Part III, line 4, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 41-1275445) · Dispute this line

$175Kprogram expense

By the numbers

The FY2025 990, line by line.

Download 990

from philanthropy.org

1The main four

Money inPt VIII

$211K

Ln 12

Fees for servicesLn 2g$208K

Investment incomeLn 3$3K

Money outPt IX

$175K

Ln 25

Programscol B$175K

Owns and owesPt X

$177K

net assets · Ln 32

Cash and savingsLn 1–2$287K

Total assetsLn 16$719K

LiabilitiesLn 26$542K

PeoplePt VI, VII

5

listed · VII A

PaidVII A0

Voting boardVI 1a5

IndependentVI 1b5

2In more detail

Revenue in detailPt VIII

Fees for servicesLn 2g$208K

Investment incomeLn 3$3K

Total revenueLn 12$211K

Assets in detailPt X, end of year

CashLn 1$217K

SavingsLn 2$69K

Cash and savings togetherLn 1–2$287K

Accounts receivableLn 4$2K

Land, buildings, equipmentLn 10c$431K

Total assetsLn 16$719K

LiabilitiesLn 26$542K

Net assetsLn 32$177K

OperationsPt I, VI

EmployeesI 50

VolunteersI 65

Fiscal year endsHeaderDecember

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

Line	Start FY25	End FY25
Cash and savingsLn 1–2	$238K	$287K
Land, buildings, equipmentLn 10c	$447K	$431K
Total assetsLn 16	$687K	$719K
LiabilitiesLn 26	$546K	$542K
Net assetsLn 32	$141K	$177K

4Every line

Statement of functional expensesPt IX · every line

Line	Total	Programs	Management	Fundraising
Management feesLn 11a	$24K	$24K
Legal feesLn 11b	$2K	$2K
Accounting feesLn 11c	$2K	$2K
InterestLn 20	$2K	$2K
Depreciation, depletion and amortizationLn 22	$16K	$16K
InsuranceLn 23	$13K	$13K
Other expenses (24a–d)Ln 24	$115K	$115K
All other expensesLn 24e	$1K	$1K
Total functional expensesLn 25	$175K	$175K	$0	$0

Filing history

Year	Money in	Money out	In minus out	Net assets	Download
FY2025 Latest ViewingFiled with the IRS May 5, 2026	$211K	$175K	$36K	$177K	990 PDF
FY2024Filed with the IRS May 15, 2025	$191K	$169K	$21K	$141K	990 PDF
FY2023Filed with the IRS Mar 11, 2024	$170K	$151K	$19K	$120K	990 PDF
FY2022Filed with the IRS Feb 18, 2023	$172K	$169K	$3K	$100K	990 PDF
FY2021Filed with the IRS Mar 8, 2022	$163K	$148K	$15K	$97K	990 PDF
FY2020Filed with the IRS Dec 9, 2021	$161K	$149K	$11K	$82K	990 PDF
FY2019Filed with the IRS Jan 7, 2022	$155K	$155K	−$152	$71K	990 PDF

Schedules filed Part IV

D · Assets and endowments O · Explanations

See the full FY2025 990

Part I · Summary $211,089 revenue, 12 lines filed

I-8 Contributions and grantsPrior year $0$0

I-9 Program service revenuePrior year $187,014$207,684

I-10 Investment incomePrior year $3,592$3,405

I-11 Other revenuePrior year $0$0

I-12 Total revenuePrior year $190,606$211,089

I-13 Grants and similar amounts paidPrior year $0$0

I-14 Benefits paid to membersPrior year $0$0

I-15 Salaries and benefitsPrior year $0$0

I-16a Professional fundraising feesPrior year $0$0

I-17 Other expensesPrior year $169,260$174,729

I-18 Total expensesPrior year $169,260$174,729

I-19 Revenue less expensesPrior year $21,346$36,360

Part VI · Governance 5 of 5 board members independent, 5 to look at

VI-1a Voting members of the governing body5

VI-1b Independent voting members5

VI-2 Family or business relationship among officers or directorsYes

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

Part VIII · Statement of revenue $211,089 across 3 lines filed

VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $207,684$207,684

VIII-3 Investment incomeExcluded from tax $3,405$3,405

VIII-12 Total revenueRelated to mission $207,684 · Unrelated business $0 · Excluded from tax $3,405$211,089

Part IX · Statement of functional expenses $174,729 across 8 lines filed

IX-11a Management feesPrograms $23,800$23,800

IX-11b Legal feesPrograms $1,589$1,589

IX-11c Accounting feesPrograms $2,350$2,350

IX-20 InterestPrograms $1,784$1,784

IX-22 Depreciation, depletion and amortizationPrograms $16,457$16,457

IX-23 InsurancePrograms $12,520$12,520

IX-24 Other expenses (24a–d)Programs $115,153$115,153

IX-24e All other expensesPrograms $1,076$1,076

IX-25 Total functional expensesPrograms $174,729 · Management $0 · Fundraising $0$174,729

Part X · Balance sheet $719,296 assets, 12 lines filed

X-1 Cash, non-interest-bearingStart of year $175,748$217,463

X-2 Savings and temporary cash investmentsStart of year $61,861$69,362

X-4 Accounts receivableStart of year $1,657$1,566

X-10c Land, buildings and equipment, netStart of year $447,363$430,905

X-16 Total assetsStart of year $686,629$719,296

X-17 Accounts payable and accrued expensesStart of year $12,867$17,806

X-19 Deferred revenueStart of year $494$138

X-23 Secured mortgages and notes payableStart of year $532,232$523,956

X-26 Total liabilitiesStart of year $545,593$541,900

X-27 Net assets without donor restrictionsStart of year $141,036$177,396

X-32 Total net assets or fund balancesStart of year $141,036$177,396

X-33 Total liabilities and net assetsStart of year $686,629$719,296

Part XI · Reconciliation of net assets $177,396 net assets at year end

XI-1 Total revenue$211,089

XI-2 Total expenses$174,729

XI-3 Revenue less expenses$36,360

XI-4 Net assets at start of year$141,036

XI-9 Other changes in net assets$0

XI-10 Net assets at end of year$177,396

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

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Tracy Area Housing INC

Before you give

Is it real?

Where the money goes

Who runs it and what they're paid

Questions the 990 asks

Programs and updates

Questions for Tracy Area Housing INC

By the numbers

Filing history

Schedules filed Part IV