NonprofitsTexas State Affordable Housing Corporation

Housing & Shelter

Texas State Affordable Housing Corporation

AUSTIN, TX

Total revenue

$85.2M

Total expenses

$116.0M

Net assets

$328.3M

Grants received

$238K

7 grants

EIN

742746185

Tax year

2023

Mission

Provide lower income texans with housing finance options.

Programs

3 programs

Texas housing impact fund (impact fund)/formerly affordable communities of texas (act) - the impact fund offers short and long-term financing for the development, acquisition, or rehabilitation of affordable rental or homeownership developments across texas creating opportunity, healthier environments and a higher quality of life for low- and moderate-income families.

Expenses: $629K

Asset management the corporation's single family and multifamily rental program provides affordable housing at below-market rents to income-eligible families and individuals in the austin area; the corporation also performs asset oversight and compliance monitoring for multifamily and single family bond financed properties located throughout texas.

Expenses: $1.7M

Expenses grants revenue multi-family housing 1,132,605 592,389 1,115,108other 234,506 0 0

Expenses: $1.4MGrants: $592K

Financials

FY 2023

Revenue

Contributions & grants$463K
Program service revenue$76.2M
Investment income$7.1M
Other revenue$1.3M
Total revenue$85.2M

Expenses

Grants paid$1.5M
Salaries & benefits$3.9M
Fundraising$187K
Other expenses$110.6M
Total expenses$116.0M
Total assets$491.0M
Net assets$328.3M

People

17 listed

NameRoleCompensation

DAVID W LONG

PRESIDENT

Board

$234K

40 hrs/wk

MELINDA GAY SMITH

CFO

Board

$222K

40 hrs/wk

SAN JUANITA TAYLOR

EXECUTIVE VICE PRESIDENT

Board

$219K

40 hrs/wk

CYNTHIA GONZALES

ASSISTANT BOARD SECRETARY

Board

$98K

40 hrs/wk

REBECCA HARRISON DELEON

BOARD SECRETARY

Board

$74K

40 hrs/wk

ANDY WILLIAMS

MEMBER

Board

1 hrs/wk

COURTNEY JOHNSON-ROSE

MEMBER

Board

1 hrs/wk

LEMUEL WILLIAMS

MEMBER

Board

1 hrs/wk

VALERIE CARDENAS

VICE CHAIR

Board

1 hrs/wk

WILLIAM DIETZ

CHAIR

Board

1 hrs/wk

DAVID RASSIN

MEMBER

Board

1 hrs/wk

LAURA ROSS

SENIOR MANAGER COMMUNICATION & DEVELOPMENT

Staff

$197K

40 hrs/wk

JONIEL L LEVECQUE

SENIOR DIRECTOR OF SINGLE FAMILY HOMEOWNERSHIP

Staff

$195K

40 hrs/wk

NICHOLAS DANIEL LAWERENCE

CONTROLLER

Staff

$160K

40 hrs/wk

KATHRYN HOWARD

SENIOR DIRECTOR COMMUNICATION, GOVT. RELATIONS

Staff

$129K

40 hrs/wk

DAVID WAYNE DANENFELZER

SENIOR DIRECTOR DEVELOPMENT FINANCE

Staff

$126K

40 hrs/wk

BETSY ALDRICH

SR ACCOUNTING MANAGER

Staff

$108K

40 hrs/wk

Independent contractors

GREENBORO HOMES

CONSTRUCTION SERVICES

$508K

HARLINGEN CDC

CONSTRUCTION SERVICES

$431K

URBAN FOUNDRY ARCHITECTURE

ARCHITECTURE SERVICES

$144K

JA MAR ROOFING

CONSTRUCTION SERVICES

$134K

RICOH USA

MONTHLY IT SERVICES

$120K

Grants received

Showing 7 of 7

FromAmountPurposeYear
$5K
UNRESTRICTED GRANT FOR
2023
$10K
GENERAL OPERATING
2022
$5K
UNRESTRICTED GRANT FOR
2022
$5K
UNRESTRICTED GRANT FOR
2021
$10K
LEGAL EXPENSES FOR PREDEVELOPMENT PILOT LAUNCH
2020
$5K
UNRESTRICTED GRANT FOR
2020

Funded by

$238K from 4 funders · 7 grants · 2020–2023

Charitable Foundation Frost F0359600

$20K · 4 grants · 2020–2023

Austin Community Foundation Inc

$10K · 1 grant · 2020

Dominium Foundation

$10K · 1 grant · 2022

Details

EIN742746185
NTEE codeL20
Subsection03
Ruling date1994-12
Formed1994
Employees32
Volunteers0
TEXAS STATE AFFORDABLE HOUSING CORPORATION — Mission, Financials & Grants Received | Grantivo