DC Housing Solutions INC FY2024 filing

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Dchs is operated for the purpose of facilitating the development of affordable Housing and related facilities and lessening the burden of the government.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · 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
4 of 6
filings with a surplus
Average surplus $121K a year · 20% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
2438 mo
of spending, in cash
Looks good: 2437.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$2.5M
5% of total assets
Looks good: liabilities are 5% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 13 voting members
Looks good: 7 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$242K
+19% vs prior year
Spent
$50K
To programs
0%
Net assets
$47.6M
By yearFY2020–FY2025
Revenue
$242K
FY2024▲ +19%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$1.1M
FY2022$24K
FY2023$205K
FY2024$242K
FY2025$208K
Expenses
$50K
FY2024▼ -8%
Tap a bar for its year
Expenses by fiscal year
FY2020$46K
FY2021$91K
FY2022$88K
FY2023$54K
FY2024$50K
FY2025$2.5M
Net assets
$47.6M
FY2024▼ -5%
Tap a bar for its year
Net assets by fiscal year
FY2020$48.9M
FY2021$49.9M
FY2022$50.1M
FY2023$50.0M
FY2024$47.6M
FY2025$48.2M

From the FY2024 Form 990 (year ending September 2024) · see the original

990 PDF Claim
You’re viewing the FY2024 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 May 2015.

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

Where the money goes

What each dollar paid for.

Management & general 100% · $50K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Commissioner (chair Person)
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
Commissioner
$0Pt VII · Sec A
See DC Housing Solutions 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Builds affordable housing and related facilities for communities.

Questions for DC Housing Solutions INC

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1 program · in their own filed words · FY2023
01

To develop and facilitate the development of housing properties and lessen the burdens of government. The developments include parkway overlook dwelling, square 882n owner, LLC, and square 882n affordable GP.

Pt IX · col B

Funders

Who pays for it.

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

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$242K
Ln 12
Investment incomeLn 3$242K
Other incomeLn 4–11$401
Money outPt IX
$50K
Ln 25
Managementcol C$50K
Owns and owesPt X
$47.6M
net assets · Ln 32
Cash and savingsLn 1–2$10.1M
Total assetsLn 16$50.2M
LiabilitiesLn 26$2.5M
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$242K
Other incomeLn 4–11$401
Total revenueLn 12$242K
Assets in detailPt X, end of year
CashLn 1$10
SavingsLn 2$10.1M
Cash and savings togetherLn 1–2$10.1M
Accounts receivableLn 4$4.1M
Prepaid expenses and deferred chargesLn 9$5K
Land, buildings, equipmentLn 10c$33.0M
InvestmentsLn 11–13$2.9M
Total assetsLn 16$50.2M
LiabilitiesLn 26$2.5M
Net assetsLn 32$47.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 62
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$11.6M$10.1M
InvestmentsLn 11–13$1.9M$2.9M
Land, buildings, equipmentLn 10c$33.0M$33.0M
Total assetsLn 16$54.3M$50.2M
LiabilitiesLn 26$4.3M$2.5M
Net assetsLn 32$50.0M$47.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$6K$6K
Office expensesLn 13$13K$13K
InsuranceLn 23$30K$30K
Total functional expensesLn 25$50K$0$50K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Aug 13, 2026 $208K$2.5M−$2.3M$48.2M 990 PDF
FY2024 ViewingFiled with the IRS Aug 15, 2025 $242K$50K$193K$47.6M 990 PDF
FY2023Filed with the IRS Aug 15, 2024 $205K$54K$150K$50.0M 990 PDF
FY2022Filed with the IRS Aug 16, 2023 $24K$88K−$64K$50.1M 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $1.1M$91K$1.0M$49.9M 990 PDF
FY2020Filed with the IRS Aug 16, 2021 $1.8M$46K$1.7M$48.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $242,366 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $201,505$241,965
I-11 Other revenuePrior year $3,000$401
I-12 Total revenuePrior year $204,505$242,366
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$6,000
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $54,218$43,857
I-18 Total expensesPrior year $54,218$49,857
I-19 Revenue less expensesPrior year $150,287$192,509
Part VI · Governance 7 of 13 board members independent, 3 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members7
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
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $242,366 across 3 lines filed
VIII-3 Investment incomeExcluded from tax $241,965$241,965
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $401$401
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $242,366$242,366
Part IX · Statement of functional expenses $49,857 across 3 lines filed
IX-5 Pay of current officers, directors and key staffManagement $6,000$6,000
IX-13 Office expensesManagement $13,487$13,487
IX-23 InsuranceManagement $30,370$30,370
IX-25 Total functional expensesPrograms $0 · Management $49,857 · Fundraising $0$49,857
Part X · Balance sheet $50,158,571 assets, 14 lines filed
X-1 Cash, non-interest-bearing$10
X-2 Savings and temporary cash investmentsStart of year $11,588,612$10,127,764
X-4 Accounts receivableStart of year $7,818,704$4,127,844
X-9 Prepaid expenses and deferred chargesStart of year $5,062$5,062
X-10c Land, buildings and equipment, netStart of year $33,013,803$33,013,803
X-12 Other securitiesStart of year $1,884,098$2,884,088
X-16 Total assetsStart of year $54,310,279$50,158,571
X-17 Accounts payable and accrued expensesStart of year $50$50
X-25 Other liabilitiesStart of year $4,332,382$2,532,383
X-26 Total liabilitiesStart of year $4,332,432$2,532,433
X-27 Net assets without donor restrictionsStart of year $48,116,961$47,626,138
X-28 Net assets with donor restrictionsStart of year $1,860,886$0
X-32 Total net assets or fund balancesStart of year $49,977,847$47,626,138
X-33 Total liabilities and net assetsStart of year $54,310,279$50,158,571
Part XI · Reconciliation of net assets $47,626,138 net assets at year end
XI-1 Total revenue$242,366
XI-2 Total expenses$49,857
XI-3 Revenue less expenses$192,509
XI-4 Net assets at start of year$49,977,847
XI-8 Prior period adjustments−$2,544,218
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$47,626,138

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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