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Nonprofiteer
← JAMESTOWN AFFORDABLE HOUSING INC

Form 990 for tax year 2024

Filed by JAMESTOWN AFFORDABLE HOUSING INC.

Totals

Total revenue
$72,808
Total expenses
$4,054
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$138,139
Other revenue
-$65,331
Total assets, end of year
$5,521,879
Total liabilities, end of year
$5,150,532
Net assets or fund balances, end of year
$371,347
Program services expenses (Part IX)
$304
Management and general expenses
$3,750
Fundraising expenses
$0
Program service expenses (Part III)
$304

Program services were 7.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 3 · Investment income

    total $138,139 · excluded $138,139

  • 11a · Other revenue: FLOW THROUGH PARTNERSH

    total -$65,331 · related or exempt -$65,331

  • 11e · Other revenue, total

    -$65,331

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $3,750 · management and general $3,750

  • 24a · Other expenses: MISCELLANEOUS TAXES, LI

    total $304 · program services $304

Balance sheet

Part X, book values.

  • 7 · Other notes and loans receivable

    beginning of year $4,260,000 · end of year $4,260,000

  • 15 · Other assets

    beginning of year $1,527,128 · end of year $1,261,879

  • 23 · Secured mortgages and notes payable

    beginning of year $4,260,000 · end of year $4,260,000

  • 25 · Other liabilities

    beginning of year $1,224,535 · end of year $890,532

  • 27 · Net assets without donor restrictions

    beginning of year $302,593 · end of year $371,347

Mission and programs · 2024

Mission

TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT, OWNERSHIP, AND OPERATION OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.

Activities or mission (Part I)

TO PROVIDE FOR THE ACQUISITION, DEVELOPMENT OF AFFORDABLE HOUSING FOR LOW INCOME FAMILIES.

  • PROVIDE LOW INCOME HOUSING

    Expenses $304 · Revenue -$65,331

As filed on the 2024 return.

Listed in Part VII

  • Richard F Burns

    PRESIDENT

    Total calculated
    $985,054
    From this org
    $0
    From related orgs
    $966,061
    Other
    $18,993
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $741,061 related
    Bonus
    $0 + $225,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $18,993 related
    Filer's total
    $0 + $985,054 related

  • Lauren Avioli

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Eva Thibaudeau-Graczyk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

  • Stephen M Green

    VICE PRESIDENT

    Total calculated
    $723,069
    From this org
    $0
    From related orgs
    $683,083
    Other
    $39,986
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $477,583 related
    Bonus
    $0 + $175,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $37,986 related
    Filer's total
    $0 + $723,069 related

  • Joseph P Wiedorfer

    VICE PRESIDENT

    Total calculated
    $418,128
    From this org
    $0
    From related orgs
    $394,498
    Other
    $23,630
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $248,998 related
    Bonus
    $0 + $115,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $21,630 related
    Filer's total
    $0 + $418,128 related

  • Carlos A Gonzales

    VICE PRESIDENT

    Total calculated
    $495,449
    From this org
    $0
    From related orgs
    $475,555
    Other
    $19,894
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $356,928 related
    Bonus
    $0 + $115,000 related
    Other
    $0 + $3,627 related
    Deferred
    $0 + $477 related
    Nontaxable benefits
    $0 + $19,417 related
    Filer's total
    $0 + $495,449 related

  • Alla A Eleon

    TREASURER

    Total calculated
    $401,015
    From this org
    $0
    From related orgs
    $373,455
    Other
    $27,560
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $282,955 related
    Bonus
    $0 + $60,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $25,560 related
    Filer's total
    $0 + $401,015 related

  • Eric W Price

    VICE PRESIDENT

    Total calculated
    $687,500
    From this org
    $0
    From related orgs
    $687,500
    Other
    $0
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $512,500 related
    Bonus
    $0 + $175,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $687,500 related

  • Thomas G Vaccaro Until April 2024

    VICE PRESIDENT & SECRETARY

    Total calculated
    $360,213
    From this org
    $0
    From related orgs
    $323,771
    Other
    $36,442
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $223,098 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $25,673 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $34,442 related
    Filer's total
    $0 + $360,213 related

  • John M Welsh

    VICE PRESIDENT

    Total calculated
    $437,926
    From this org
    $0
    From related orgs
    $413,531
    Other
    $24,395
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $323,031 related
    Bonus
    $0 + $60,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $22,395 related
    Filer's total
    $0 + $437,926 related

  • Neal T Drobenare

    VICE PRESIDENT

    Total calculated
    $457,244
    From this org
    $0
    From related orgs
    $446,215
    Other
    $11,029
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,715 related
    Bonus
    $0 + $100,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $9,029 related
    Filer's total
    $0 + $457,244 related

  • John Hoffer

    VICE PRESIDENT

    Total calculated
    $374,308
    From this org
    $0
    From related orgs
    $372,308
    Other
    $2,000
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $256,808 related
    Bonus
    $0 + $85,000 related
    Other
    $0 + $30,500 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $374,308 related

  • Thalia B Lankin

    SECRETARY

    Total calculated
    $179,932
    From this org
    $0
    From related orgs
    $157,416
    Other
    $22,516
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $142,877 related
    Bonus
    $0
    Other
    $0 + $14,539 related
    Deferred
    $0 + $2,000 related
    Nontaxable benefits
    $0 + $20,516 related
    Filer's total
    $0 + $179,932 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
RELATED ORGANIZATION, NHP FOUNDATION, BOARD APPROVAL IS REQUIRED FOR DETERMINATION OF EXECUTIVE COMPENSATION. SALARY IS DETERMINED DURING AN ANNUAL REVIEW BASED ON SALARY SURVEYS AND INDIVIDUAL PERFORMANCE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • NHPF LIVE OAK MM LLC

    REAL ESTATE · TX · income $0 · assets $0

    Directly controlled by JAMESTOWN AFFORDABLE HOUSING INC

  • TRINITY EAST FAMILY LLC

    REAL ESTATE · TX · income $0 · assets $0

    Directly controlled by NHPF LIVE OAK MM LLC

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • CLEME MANOR HOLDINGS LLC

    RELATED · REAL ESTATE · TX · 0.01% owned · share of income $317 · share of assets $3,205

    Directly controlled by CLEME 284 LLC

  • MAGNIFICAT PERMANENT AFFORDABLE LLC

    RELATED · REAL ESTATE · TX · 0.01% owned · share of assets $2,942 · general or managing partner

    Directly controlled by NHPF CAROLINE MM LLC

  • TENEMOS PERMANENT AFFORDABLE LLC

    RELATED · REAL ESTATE · TX · 0.01% owned · share of income $110 · share of assets $3,163

    Directly controlled by TENEMOS AFFORDABLE MANAGER LLC

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CLEME 284 LLC

    C · REAL ESTATE · TX · 100% owned · share of income $3,172,392 · share of assets $32,048,542 · controlled entity

    Directly controlled by JAMESTOWN AFFORDABLE HOUSING

  • TEMENOS AFFORDABLE MANAGER LLC

    C · REAL ESTATE · TX · 65% owned · share of income $991,713 · share of assets $20,562,012 · controlled entity

    Directly controlled by JAMESTOWN AFFORDABLE HOUSING

  • NHPF CAROLINE MM LLC

    C · REAL ESTATE · TX · 65.01% owned · share of income $49,207 · share of assets $30,420,682 · controlled entity

    Directly controlled by JAMESTOWN AFFORDABLE HOUSING INC

Provenance

Return type
form_990
Tax year
2024
Filed
15 July 2025
IRS schema version
2024v5.2
Source object
202541969349302669

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