AFFORDABLE HOUSING VISIONS FOR TEXAS INC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- AFFORDABLE HOUSING VISIONS FOR TEXAS INC (EIN 74-2974189)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2018-10-05
- IRS object ID
- 201842789349300134
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2018-10-05T14:53:00-04:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 273532710 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Taxes Impuestos y Mas LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 E 5th Street Suite 101 | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78702 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 742974189 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Affordable Housing Visions for Texas Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | AFFO | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 East 4th Street | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Casias | PersonNm |
| Person Title | Executive Direc | PersonTitleTxt |
| Phone | 5127056365 | PhoneNum |
| Signature | 2018-03-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Manuel Alverdi | PreparerPersonNm |
| PTIN | P01203587 | PTIN |
| Phone | 5128008290 | PhoneNum |
| Preparation | 2018-10-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Greater Austin Neighborhoods | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Michael Casias | PrincipalOfficerNm |
| Gross Receipts | $396,801 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.greateraustinneighborhoods.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | To increase affordable housing that is available to families of modest means in the State of Texas and to assist those families in acquiring adquate and affordable homes. The mission of the Company is also to assist in the development of neighborhoods for the benefit of the Commu | ActivityOrMissionDesc |
| Voting Members Governing Body | 4 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Gross UBI | $256,459 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $68,444 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $110,821 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,250 | PYInvestmentIncomeAmt |
| CY Investment Income | $285,980 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $80,694 | PYTotalRevenueAmt |
| CY Total Revenue | $396,801 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $81,000 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $91,826 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $65,031 | PYOtherExpensesAmt |
| CY Other Expenses | $78,899 | CYOtherExpensesAmt |
| PY Total Expenses | $146,031 | PYTotalExpensesAmt |
| CY Total Expenses | $170,725 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$65,337 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $226,076 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,726,553 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,435,727 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,150,497 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,276,713 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$423,944 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $159,014 | NetAssetsOrFundBalancesEOYAmt |
| Mission | To increase affordable housing that is available to families of modest means in the State of Texas and to assist those families in acquiring adquate and affordable homes. The mission of the Company is also to assist in the development of neighborhoods for the benefit of the Commu | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $78,899 | ExpenseAmt |
| Revenue | $110,821 | RevenueAmt |
| Desc | The organization | Desc |
| Total Program Service Expenses | $78,899 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 3 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 4 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Other Website | Yes (X) | OtherWebsiteInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Michael Casias | PersonNm |
| Phone | 5127056365 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 East 4th Street | AddressLine1Txt |
| City | Austin | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Scott Lyles | ||||||||
| Director | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Paul Saucido | ||||||||
| Director | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Kyndra Irwin | ||||||||
| Director Chair | 0.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| Michael Casias | ||||||||
| Executive Director | 30.00 | 0.00 | $79,567 | $0 | $6,842 | Yes (X) | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $79,567 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $6,842 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Supportive Services | Desc |
| Business | 561000 | BusinessCd |
| Total Revenue Column | $110,821 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $110,821 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $110,821 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $285,980 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,521 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $256,459 | UnrelatedBusinessRevenueAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $396,801 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $140,342 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $256,459 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,567 | TotalAmt |
| Management And General | $79,567 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,843 | TotalAmt |
| Management And General | $6,843 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,416 | TotalAmt |
| Management And General | $5,416 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,376 | TotalAmt |
| Program Services | $1,376 | ProgramServicesAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,591 | TotalAmt |
| Program Services | $15,591 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134 | TotalAmt |
| Program Services | $134 | ProgramServicesAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $435 | TotalAmt |
| Program Services | $435 | ProgramServicesAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,450 | TotalAmt |
| Program Services | $6,450 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $35 | TotalAmt |
| Program Services | $35 | ProgramServicesAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,037 | TotalAmt |
| Program Services | $52,037 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| Taxes | $850 | $850 |
| Bank Service Charges | $436 | $436 |
| Filings and Recordings | $265 | $265 |
| Repairs and Maintenance | $487 | $487 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $803 | TotalAmt |
| Program Services | $803 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $170,725 | TotalAmt |
| Program Services | $78,899 | ProgramServicesAmt |
| Management And General | $91,826 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $71 | BOYAmt |
| EOY | $295,480 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,382,662 | BOYAmt |
| EOY | $1,961,311 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $207,700 | BOYAmt |
| EOY | $175,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$23,129 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,249 | BOYAmt |
| EOY | $3,936 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,726,553 | BOYAmt |
| EOY | $2,435,727 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,108,200 | BOYAmt |
| EOY | $316 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,297 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $2,276,397 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,150,497 | BOYAmt |
| EOY | $2,276,713 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$423,944 | BOYAmt |
| EOY | $159,014 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$423,944 | BOYAmt |
| EOY | $159,014 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,726,553 | BOYAmt |
| EOY | $2,435,727 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $226,076 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $356,882 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | false | FSAuditedInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,167 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,360 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $68,444 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $110,821 | CurrentTaxYearAmt |
| Total | $302,218 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,167 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $34,360 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $57,426 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $68,444 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $110,821 | CurrentTaxYearAmt |
| Total | $302,218 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $302,218 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,250 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,250 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,521 | CurrentTaxYearAmt |
| Total | $78,521 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $12,250 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,250 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $29,521 | CurrentTaxYearAmt |
| Total | $78,521 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $43,417 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $46,610 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $69,676 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $80,694 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $140,342 | CurrentTaxYearAmt |
| Total | $380,739 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.79380 | PublicSupportCY509Pct |
| Public Support PY509 | 0.77000 | PublicSupportPY509Pct |
| Investment Income CY | 0.21000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.23000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule D IRS990ScheduleD
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Equipment | Desc |
| Book Value | $3,936 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $3,936 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Long Term Liabilities Deffered Comp | $1,176,397 |
| Georgetown Consulting Fee | $1,100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $2,276,397 | TotalLiabilityAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Unrelated business income explanation Part V line 3b | Part 1 of 2For over 15 years, AHV carried on its books both an earned payable of Developer Fee for both the Georgetown and Cordoba projects, as well as a payable of Consulting Fee to Elliot Stone. When we refinanced Cordoba in 2016 and Georgetown in 2017, we cleared all earned Developer Fee accounts after receiving most of the Developer Fee at closing. Since we bought out our limited partners in that transaction, AHV was entitled to 100% of net proceeds and profits from both properties; therefore it was unnecessary to continue to carry a developer fee balance. Same goes for the Consulting Fee payables that were paid or refinanced at each of the closing. Specifically, Continue Part 2 of 2In April, 2017, $65,000 of long term liabilities was reduced, specifically it reduced Georgetown Consulting Fee that was due to Elliot Stone from $1,1650,000 to $1,100,000, which the $1,100.000 was fully paid to him at the refinance in April 2017. He wrote off the $65k since we had two conflicting agreements and he agreed with the lower fee.In Nov 2016, there was a journal entry resulting in a $191,569 reduction of liability that showed up as Other Income. It occurred by clearing two accounts as a result of the refinance that took place in November 23, 2016. After the refinance payments were made, we zeroed out the Cordoba Developer Fee receivable of $480,540 and the Cordoba Consulting Fee payable of $672,000. |
| Officer directors etc family relationship Part VI line 2 | Michael Casias is the executive Director of the organization |
| Form 990 governing body review Part VI line 11 | Board members are provided a copy of the 990 for review and given the opportunity to ask the Executive Director for clarification if needed |
| CEO executive director top management comp Part VI line 15a | Michael Casias is the Executive Director of the organization |
| Other officer or key employee compensation Part VI line 15b | The Affordable Housing Visions for Texas Inc Executive Director provides to the Board his proposal for compensation. The boardmeets separetly to discuss the proposal and either amends or approves the proposal. The board will then present its decision at the following board meeting for approval or the director can amend. The cycle goes on until both board and director agree on compensation. |
| Governing documents etc available to public Part VI line 19 | The organization makes governing documents conflict of interest policy and financial statements available to the public upon request. The organization makes its tax returns available on its website. |
Comments