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Provide social services to the community by building and developing as well as purchasing low to moderate rental and residential development properties in Harris County and the surrounding communities to house local residents

Form 990 Part I, line 1, FY2025. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-3080706) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$142K 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

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $366K a year · 31% of revenue · last 6 filings
A surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
78% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$142K
to officers and key staff · 20% of spending
Pay to officers and key staff is 20% of spending.
Part VII, Section A
26.8 mo
of spending, in cash
26.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $5K
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1.4M
24% of total assets
Liabilities are 24% of assets.
Pt X · Ln 26
Independent board members
7
of 7 voting members
7 of 7 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$784K
-76% vs prior year
Spent
$708K
To programs
78%
Net assets
$4.6M
By yearFY2020–FY2025
Revenue
$784K
FY2025▼ -76%
Tap a bar for its year
Revenue by fiscal year
FY2020$524K
FY2021$1.4M
FY2022$512K
FY2023$469K
FY2024$3.3M
FY2025$784K
Expenses
$708K
FY2025▼ -28%
Tap a bar for its year
Expenses by fiscal year
FY2020$754K
FY2021$704K
FY2022$796K
FY2023$839K
FY2024$977K
FY2025$708K
Net assets
$4.6M
FY2025▼ -2%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.4M
FY2021$3.1M
FY2022$2.7M
FY2023$2.4M
FY2024$4.7M
FY2025$4.6M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 2003.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $555K Management & general 22% · $153K

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

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Who runs it and what they're paid

9 people listed on the 990; $142K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
Executive Director
$95,193Pt VII · Sec A
Chief Financial Officer
$46,631Pt VII · Sec A
Board Chairman
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Leslie Smith II’s $95K as Executive Director is at the 82nd percentile of top reported officer pay among 852 $100K–1M 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Leslie Smith II$95,193$75,005$75,000$134,658$37,250$112,250
Larry Baty$46,631$46,163$40,050$34,350$31,801$28,897

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.

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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
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Offers affordable housing and social services to Harris County residents.

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3 programs · $555K · in their own filed words · FY2024
01

Maintaining facilities for other not-for-profit organizations to be able to carry out their mission in providing services to the community. Maintaining rental properties for low-income housing residents.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-3080706) · Dispute this line
$435Kprogram expense
02

Providing support services to other not for profit organizations to be able to carry out their mission to provide social services to the community and providing support services for rental properties for low-income housing residents.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-3080706) · Dispute this line
$120Kprogram expense
03

Maintaining facilities for other not-for-profit organizations to be able to carry out their mission in providing services to the community. Maintaining rental properties for low-income housing residents.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-3080706) · Dispute this line
Pt IX · Ln 25 · col B

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 · FY2022
Total grants receivedfrom 1 funder$5K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$784K
Ln 12
Gifts and grantsLn 1h$432K
Investment incomeLn 3$189K
Other incomeLn 4–11$163K
Money outPt IX
$708K
Ln 25
Programscol B$555K
Managementcol C$153K
Owns and owesPt X
$4.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$6.0M
LiabilitiesLn 26$1.4M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$432K
Government grantsLn 1e$410K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Investment incomeLn 3$189K
Other incomeLn 4–11$163K
Total revenueLn 12$784K
Assets in detailPt X, end of year
CashLn 1$657K
SavingsLn 2$924K
Cash and savings togetherLn 1–2$1.6M
Accounts receivableLn 4−$2K
Notes and loans receivableLn 7$2.9M
Prepaid expenses and deferred chargesLn 9$352
Land, buildings, equipmentLn 10c$1.6M
Total assetsLn 16$6.0M
LiabilitiesLn 26$1.4M
Net assetsLn 32$4.6M
OperationsPt I, VI
EmployeesI 58
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
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$1.0M$1.6M
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$1.6M$1.6M
Total assetsLn 16$5.8M$6.0M
LiabilitiesLn 26$1.1M$1.4M
Net assetsLn 32$4.7M$4.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of officers and key staff (Part IX, line 5)Ln 5$171K$128K$43K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$150K$113K$38K$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$5K$0$5K$0
Payroll taxesLn 10$36K$26K$10K$0
Management feesLn 11a$38K$26K$11K$0
Legal feesLn 11b$319$223$96$0
Accounting feesLn 11c$14K$9K$4K$0
Lobbying feesLn 11d$0$0$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$90$64$26$0
Office expensesLn 13$12K$8K$4K$0
Information technologyLn 14$6K$4K$2K$0
OccupancyLn 16$126K$109K$17K$0
TravelLn 17$13K$9K$4K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$76K$75K$186$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$21K$18K$3K$0
InsuranceLn 23$40K$28K$12K$0
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$708K$555K$153K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Jun 9, 2026 $784K$708K$76K$4.6M 990 PDF
FY2024Filed with the IRS May 16, 2025 $3.3M$977K$2.3M$4.7M 990 PDF
FY2023Filed with the IRS Jul 15, 2024 $469K$839K−$370K$2.4M 990 PDF
FY2022Filed with the IRS Jul 10, 2023 $512K$796K−$284K$2.7M 990 PDF
FY2021Filed with the IRS May 19, 2022 $1.4M$704K$695K$3.1M 990 PDF
FY2020Filed with the IRS Mar 16, 2021 $524K$754K−$230K$2.4M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments L · Interested persons O · Explanations
See the full FY2025 990
Part I · Summary $783,691 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $538,667$431,539
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $2,601,581$188,996
I-11 Other revenuePrior year $144,955$163,156
I-12 Total revenuePrior year $3,285,203$783,691
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 $327,727$362,770
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $648,905$345,173
I-18 Total expensesPrior year $976,632$707,943
I-19 Revenue less expensesPrior year $2,308,571$75,748
Part VI · Governance 7 of 7 board members independent, 2 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
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
VI-13 Written whistleblower policyYes
Part VIII · Statement of revenue $783,691 across 12 lines filed
Lines not itemized here account for $21,488 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$410,134
VIII-1f All other contributions, gifts and grants$21,405
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$431,539
VIII-3 Investment incomeRelated to mission $188,996 · Unrelated business $0 · Excluded from tax $0$188,996
VIII-5 RoyaltiesRelated to mission $7,498 · Unrelated business $0 · Excluded from tax $0$7,498
VIII-6 Net rental income or lossRelated to mission $134,170 · Unrelated business $0 · Excluded from tax $0$134,170
VIII-12 Total revenueRelated to mission $352,152 · Unrelated business $0 · Excluded from tax $0$783,691
Part IX · Statement of functional expenses $707,943 across 24 lines filed
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $128,243 · Management $42,748 · Fundraising $0$170,991
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $112,804 · Management $37,601 · Fundraising $0$150,405
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $0 · Management $5,124 · Fundraising $0$5,124
IX-10 Payroll taxesPrograms $25,763 · Management $10,487 · Fundraising $0$36,250
IX-11a Management feesPrograms $26,242 · Management $11,349 · Fundraising $0$37,591
IX-11b Legal feesPrograms $223 · Management $96 · Fundraising $0$319
IX-11c Accounting feesPrograms $9,424 · Management $4,076 · Fundraising $0$13,500
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $64 · Management $26 · Fundraising $0$90
IX-13 Office expensesPrograms $7,957 · Management $3,586 · Fundraising $0$11,543
IX-14 Information technologyPrograms $4,101 · Management $1,774 · Fundraising $0$5,875
IX-16 OccupancyPrograms $108,821 · Management $16,979 · Fundraising $0$125,800
IX-17 TravelPrograms $9,168 · Management $3,732 · Fundraising $0$12,900
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $75,498 · Management $186 · Fundraising $0$75,684
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $18,364 · Management $3,103 · Fundraising $0$21,467
IX-23 InsurancePrograms $28,206 · Management $12,198 · Fundraising $0$40,404
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $554,878 · Management $153,065 · Fundraising $0$707,943
Part X · Balance sheet $6,049,529 assets, 21 lines filed
X-1 Cash, non-interest-bearingStart of year $496,666$656,524
X-2 Savings and temporary cash investmentsStart of year $515,203$924,306
X-4 Accounts receivableStart of year $67−$1,902
X-5 Loans to officers and key peopleStart of year $12,725$0
X-6 Loans to other insiders$0
X-7 Notes and loans receivableStart of year $3,177,865$2,865,500
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $3,180$352
X-10c Land, buildings and equipment, netStart of year $1,571,543$1,604,749
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-16 Total assetsStart of year $5,777,249$6,049,529
X-17 Accounts payable and accrued expensesStart of year $307,383$360,814
X-22 Loans from officers and insidersStart of year $300,000$600,000
X-23 Secured mortgages and notes payableStart of year $483,522$479,722
X-26 Total liabilitiesStart of year $1,090,905$1,440,536
X-27 Net assets without donor restrictionsStart of year $4,686,344$4,608,993
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $4,686,344$4,608,993
X-33 Total liabilities and net assetsStart of year $5,777,249$6,049,529
Part XI · Reconciliation of net assets $4,608,993 net assets at year end
XI-1 Total revenue$783,691
XI-2 Total expenses$707,943
XI-3 Revenue less expenses$75,748
XI-4 Net assets at start of year$4,686,344
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets−$153,099
XI-10 Net assets at end of year$4,608,993

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

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