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Nonprofiteer
← FOUNDATION COMMUNITIES INC

Form 990 for tax year 2024

Filed by FOUNDATION COMMUNITIES INC.

Totals

Total revenue
$50,038,857
Total expenses
$34,144,476
Contributions and grants received
$31,297,900
Grants paid
$1,053,875
Program service revenue
$13,269,413
Investment income
$5,471,544
Other revenue
$0
Total assets, end of year
$262,878,362
Total liabilities, end of year
$75,807,567
Net assets or fund balances, end of year
$187,070,795
Program services expenses (Part IX)
$28,940,398
Management and general expenses
$3,926,104
Fundraising expenses
$1,277,974
Program service expenses (Part III)
$28,940,398

Program services were 84.8% 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.

  • 1d · Related organizations

    $1,476,522

  • 1e · Government grants (contributions)

    $8,034,459

  • 1f · All other contributions, gifts and grants

    $21,786,919

  • 1g · Noncash contributions included above

    $1,577,397

  • 2a · Program service revenue: RESIDENT SERVICE FEES

    total $4,529,022 · related or exempt $4,529,022

  • 2b · Program service revenue: DEVELOPMENT FEES

    total $3,722,923 · related or exempt $3,722,923

  • 2c · Program service revenue: MANAGEMENT FEES

    total $2,631,603 · related or exempt $2,631,603

  • 2d · Program service revenue: ASSET MANAGEMENT FEES

    total $1,015,782 · related or exempt $1,015,782

  • 2e · Program service revenue: MISC. REIMBURSEMENTS, ETC.

    total $801,182 · related or exempt $801,182

  • 2f · All other program service revenue

    total $568,901 · excluded $568,901

  • 3 · Investment income

    total $5,471,544 · excluded $5,471,544

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,053,875 · program services $1,053,875

  • 5 · Compensation of officers, directors and key employees

    total $1,486,276 · program services $1,486,276

  • 6 · Compensation of disqualified persons

    total $19,314,249 · program services $15,903,011 · management and general $2,456,407 · fundraising $954,831

  • 8 · Pension plan contributions

    total $740,404 · program services $615,269 · management and general $95,345 · fundraising $29,790

  • 9 · Other employee benefits

    total $1,500,946 · program services $1,154,206 · management and general $287,365 · fundraising $59,375

  • 10 · Payroll taxes

    total $1,576,240 · program services $1,339,935 · management and general $163,390 · fundraising $72,915

  • 11b · Fees: legal

    total $28,695 · program services $16,202 · management and general $12,493

  • 11c · Fees: accounting

    total $16,171 · program services $3,171 · management and general $13,000

  • 11d · Fees: lobbying

    total $49,000 · program services $44,000 · management and general $5,000

  • 11g · Fees: other

    total $640,742 · program services $337,452 · management and general $290,267 · fundraising $13,023

  • 12 · Advertising and promotion

    total $242,481 · program services $164,396 · management and general $100 · fundraising $77,985

  • 13 · Office expenses

    total $142,374 · program services $118,008 · management and general $19,358 · fundraising $5,008

  • 14 · Information technology

    total $261,598 · program services $155,327 · management and general $100,691 · fundraising $5,580

  • 16 · Occupancy

    total $823,141 · program services $524,557 · management and general $291,709 · fundraising $6,875

  • 17 · Travel

    total $176,802 · program services $169,129 · management and general $6,077 · fundraising $1,596

  • 20 · Interest

    total $1,595,670 · program services $1,595,670

  • 21 · Payments to affiliates

    total $981,221 · program services $981,221

  • 22 · Depreciation, depletion and amortization

    total $594,132 · program services $542,926 · management and general $46,781 · fundraising $4,425

  • 23 · Insurance

    total $156,301 · program services $131,151 · management and general $19,000 · fundraising $6,150

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $1,377,099 · program services $1,371,865 · management and general $5,169 · fundraising $65

  • 24b · Other expenses: UNCOLLECTIBLE PLEDGE

    total $717,671 · program services $681,907 · management and general $35,764

  • 24c · Other expenses: LICENS, FEES & DUES

    total $276,164 · program services $201,857 · management and general $43,896 · fundraising $30,411

  • 24d · Other expenses: MISCL. EXPENSE

    total $156,716 · program services $131,286 · management and general $18,105 · fundraising $7,325

  • 24e · All other expenses

    total $236,508 · program services $217,701 · management and general $16,187 · fundraising $2,620

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $53,725 · end of year $55,976

  • 2 · Savings and temporary cash investments

    beginning of year $27,459,699 · end of year $30,804,840

  • 3 · Pledges and grants receivable

    beginning of year $9,650,412 · end of year $7,196,834

  • 4 · Accounts receivable

    beginning of year $3,757,628 · end of year $14,130,918

  • 7 · Other notes and loans receivable

    beginning of year $157,315,598 · end of year $167,735,190

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,109 · end of year $89,326

  • 10a · Land, buildings and equipment: cost or other basis

    $8,103,986

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,140,247

  • 10c · Land, buildings and equipment, net

    beginning of year $5,659,300 · end of year $5,963,739

  • 13 · Investments: program-related

    beginning of year $17,006 · end of year $16,006

  • 15 · Other assets

    beginning of year $32,688,832 · end of year $36,885,533

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,273,306 · end of year $13,712,648

  • 21 · Escrow or custodial account liability

    beginning of year $106,333 · end of year $86,088

  • 23 · Secured mortgages and notes payable

    beginning of year $60,063,256 · end of year $60,008,831

  • 24 · Unsecured notes and loans payable

    beginning of year $2,000,000 · end of year $2,000,000

  • 27 · Net assets without donor restrictions

    beginning of year $140,759,372 · end of year $158,898,020

  • 28 · Net assets with donor restrictions

    beginning of year $30,417,042 · end of year $28,172,775

Mission and programs · 2024

Mission

CREATING HOUSING WHERE FAMILIES SUCCEED. AFFORDABLE HOUSING WITH SUPPORTIVE SOCIAL SERVICES TO EDUCATE, SUPPORT AND IMPROVE THE FINANCIAL STANDING OF THE WORKING POOR AND THEIR COMMUNITIES.

  • OPENING DOORS TO HOMES - AFFORDABLE HOUSING AND SUPPORTIVE SERVICESIMPROVE COMMUNITY STABILITY BY PROVIDING AFFORDABLE HOUSING FOR LOW-INCOME RESIDENTS 4395 UNITS AT 32 AFFORDABLE HOUSING COMMUNITIES IN AUSTIN, NORTH TEXAS AREA) CASE MANAGERS PROVIDE SUPPORT TO 242 FAMILIES AT OR BELOW 30% MEDIAN FAMILY INCOME (CHI PROGRAM) OR WHICH WERE FORMERLY HOMELESS. LAST YEAR, 969 INDIVIDUALS LIVED IN OUR SRO COMMUNITIES, OVER 53% OF WHOM WERE FORMERLY HOMELESS. CASE MANAGERS IN OUR SUPPORTIVE HOUSING COMMUNITIES FOR SINGLE ADULTS FOCUS THEIR WORK ON 6 MAIN AREAS OF SUPPORT INCLUDING PRIMARY/DENTAL CARE, BEHAVIORAL HEALTH, HOUSING STABILITY, INCOME STABILITY, SOCIAL CONNECTEDNESS AND EDUCATION/EMPLOYMENT. CASE MANAGEMENT FOR FAMILIES IS COMMITTED TO PROVIDING COMPREHENSIVE SERVICES THAT MEET THE DIVERSE NEEDS OF EVERY FAMILY MEMBER WITHIN EACH HOUSEHOLD. WE UTILIZE A TRAUMA-INFORMED APPROACH TO SUPPORT, EMPHASIZING SELF-DETERMINATION AND THE DEVELOPMENT OF SMART GOALS TO EMPOWER FAMILIES. OUR CASE MANAGERS EXPERTLY APPLY TECHNIQUES FROM BOTH THE PROGRESSIVE ENGAGEMENT AND INTENSIVE FINANCIAL STABILITY MODELS, ALLOWING THEM TO TAILOR THEIR METHODS TO FIT THE UNIQUE CIRCUMSTANCES OF EACH RESIDENT.THE CHILDREN'S HOME INITIATIVE PROGRAM FOCUSES ON FOSTERING LONG-TERM SUCCESS IN KEY AREAS, INCLUDING HOUSING STABILITY, FINANCIAL SECURITY, CHILDREN'S HEALTH AND WELL-BEING, EDUCATION, EMPLOYMENT, AND MENTAL AND PHYSICAL HEALTH. FROM THE MOMENT FAMILIES MOVE INTO THEIR HOMES, WE OFFER A VARIETY OF VALUABLE SERVICES, INCLUDING ACCESS TO BASIC NEEDS, MEDICAL AND BEHAVIORAL HEALTH SERVICES, RESOURCES TO INCREASE INCOME, COMMUNITY-BUILDING INITIATIVES, PARENTING AND FINANCIAL EDUCATION SUPPORT, SCHOOL ADVOCACY, ADULT EDUCATION OPPORTUNITIES, AFTER-SCHOOL PROGRAMMING, AND CAREER GUIDANCE . PROPERTY OPERATIONS ARE REPORTED AT GROUP AFFILIATES FORM 990 (TAX ID#74-2678601)

    Expenses $16,524,142 · Grants $965,034

  • PROSPER CENTER PROGRAMS - TAX HELP, HEALTH COVERAGE, FINANCIAL WELLNESSFOUNDATION COMMUNITIES' COMMUNITY TAX HELP PROGRAMS IN AUSTIN, DALLAS AND ARLINGTON PROVIDED FREE INCOME TAX RETURN PREPARATION SERVICES FOR LOW-INCOME TAXPAYERS THAT RECEIVED $42,971,618 MILLION IN TAX REFUNDS. MORE THAN 741 STAFF AND VOLUNTEERS PREPARED 30,550 TAX RETURNS. THE HEALTH COVERAGE PROGRAM HELPED 5,421 PEOPLE ENROLL IN HEALTH INSURANCE, CLAIMING $40,184,216 IN PREMIUM TAX CREDITS. ADDITIONALLY, THE HEALTH COVERAGE AND BENEFITS ASSISTANCE PROGRAMS HELPED 2,160 PEOPLE APPLY FOR CHIP OR MEDICAID. USING OUR FINANCIAL WELLNESS SERVICES, 212 RESIDENTS RECEIVED MORE THAN $199,914 IN EMERGENCY RENT OR UTILITY ASSISTANCE FUNDS AND 501 RESIDENTS PARTICIPATED IN A PROGRAM DESIGNED TO IMPROVE THEIR CREDIT SCORES.

    Expenses $4,864,804

  • LEARNING IN A COMMUNITY - YOUTH AND ADULT LEARNING546 ELEMENTARY CHILDREN TOOK PART IN FREE AFTER-SCHOOL AND SUMMER LEARNING CENTER PROGRAMS FOR ELEMENTARY AND 62 PARTICIPATED IN TEEN OUT OF SCHOOL TIME PROGRAMS. ADDITIONALLY, ADULTS ARE PROVIDED WITH ONSITE AND VIRTUAL ESL CLASSES, DIGITAL LITERACY SUPPORT, AS WELL AS COLLEGE AND CAREER COACHING. 275 ADULTS PARTICIPATED IN OUR ADULT EDUCATION PROGRAMS, INCLUDING 179 THROUGH ESL, AND 96 THROUGH DIGITAL LITERACY. THE COLLEGE HUB PROVIDED COLLEGE SUPPORT SERVICES TO 796 STUDENTS THROUGH INDIVIDUAL APPOINTMENTS AND SECURED $985,284 IN GRANTS AND SCHOLARSHIPS. THE TEAM FACILITATED OR PARTICIPATED IN 22 TOTAL COMMUNITY EVENTS, CONNECTING WITH 1,287 TOTAL ATTENDEES. 138 SUCCEED STUDENTS WITH 1340 STUDENT APPOINTMENTS. OUR CAREER PROJECT SERVED 113 NEW INDIVIDUALS IN THE PAST YEAR.

    Expenses $5,002,221 · Grants $26,770

  • HEALTHY LIVING - HEALTH AND WELLNESS SUPPORTIVE PROGRAMMING IS PROVIDED AT NO COST TO RESIDENTS AND THE COMMUNITY. SERVICES AND PROGRAMS INCLUDE HEALTH EDUCATION, PHYSICAL FITNESS, ON-SITE HEALTHY FOOD PANTRIES, HEALTH SCREENINGS AND VACCINATIONS, HEALTH COORDINATION/CHRONIC DISEASE MANAGEMENT THROUGH COMMUNITY HEALTH WORKERS AND EMPLOYEE WELLNESS PROGRAMMING. IN 2024, 13,778 PEOPLE PARTICIPATED IN HEALTH INITIATIVES PROGRAMMING WHICH INCLUDED 1,602 FITNESS AND HEALTH EDUCATION PARTICIPANTS AND 12,176 HEALTH AND NUTRITION SERVICE PARTICIPANTS. THE AUSTIN AND NORTH TEXAS FOOD PANTRIES PROVIDED 372,691 POUNDS OF FOOD IN 2024. ADDITIONALLY, 383 DOSES OF FLU VACCINE AND 51 DOSES OF COVID-19 VACCINE WERE PROVIDED AT ONSITE CLINICS.CREATING HOUSING WHERE FAMILIES SUCCEED. AFFORDABLE HOUSING WITH SUPPORTIVE SOCIAL SERVICES TO EDUCATE, SUPPORT AND IMPROVE THE FINANCIAL STANDING OF THE WORKING POOR AND THEIR COMMUNITIES.

    Expenses $2,549,231 · Grants $62,071

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Angela Herron

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jason Reneau

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Estrellita Doolin

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Angelique Goodnouqh

    SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Tiffany Nicely-Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Jewel Arrington

    CHAIR

    Total calculated
    $0
    Hours/week
    5

  • Banafsheh Jalali

    BOARD SECRETARY

    Total calculated
    $0
    Hours/week
    5

  • Darilynn Cardona-Beiler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Andrew Clements

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Michael Furrow

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Ellie Acuna

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Betty Warren

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • John Rippel

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Selina Serna

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Erika Levack

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Anita Salmon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Ayanna Burns

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5

  • Walter Moreau

    EXEC. DIRECTOR

    Total calculated
    $430,112
    From this org
    $404,118
    From related orgs
    $0
    Other
    $25,994
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $349,698
    Bonus
    $54,000
    Other
    $420
    Deferred
    $20,195
    Nontaxable benefits
    $5,799
    Filer's total
    $430,112

  • Vicki McDonald

    CHIEF REO

    Total calculated
    $241,556
    From this org
    $224,817
    From related orgs
    $0
    Other
    $16,739
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $188,817
    Bonus
    $36,000
    Other
    $0
    Deferred
    $11,283
    Nontaxable benefits
    $5,456
    Filer's total
    $241,556

  • Ann Clift

    CFO

    Total calculated
    $214,789
    From this org
    $199,316
    From related orgs
    $0
    Other
    $15,473
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $183,316
    Bonus
    $16,000
    Other
    $0
    Deferred
    $10,017
    Nontaxable benefits
    $5,456
    Filer's total
    $214,789

  • Marisela Montoya

    CHIEF PROG. OFR

    Total calculated
    $173,220
    From this org
    $160,157
    From related orgs
    $0
    Other
    $13,063
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $153,737
    Bonus
    $6,000
    Other
    $420
    Deferred
    $7,702
    Nontaxable benefits
    $5,361
    Filer's total
    $173,220

  • Sabrina Butler

    DIR. R.E. DEVELOP.

    Total calculated
    $172,868
    From this org
    $158,971
    From related orgs
    $0
    Other
    $13,897
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,751
    Bonus
    $10,800
    Other
    $420
    Deferred
    $8,518
    Nontaxable benefits
    $5,379
    Filer's total
    $172,868

  • Kathleen Peschel

    CPAO

    Total calculated
    $166,435
    From this org
    $153,079
    From related orgs
    $0
    Other
    $13,356
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $147,259
    Bonus
    $5,400
    Other
    $420
    Deferred
    $7,995
    Nontaxable benefits
    $5,361
    Filer's total
    $166,435

  • Ned Isleib

    CFO

    Total calculated
    $40,187
    From this org
    $39,721
    From related orgs
    $0
    Other
    $466
    Hours/week
    40

  • Kristen Vassallo

    CHIEF REVENUE OFFICER

    Total calculated
    $142,798
    From this org
    $139,366
    From related orgs
    $0
    Other
    $3,432
    Hours/week
    40

  • Tracy Tombari

    CHIEF PROPERTY OFFICER

    Total calculated
    $6,731
    From this org
    $6,731
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Desiree Golden

    DIR. PROP. MGMT.

    Total calculated
    $169,706
    From this org
    $156,980
    From related orgs
    $0
    Other
    $12,726
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $150,560
    Bonus
    $6,000
    Other
    $420
    Deferred
    $7,805
    Nontaxable benefits
    $4,921
    Filer's total
    $169,706

  • Julie Candoli

    DIR. INST. GIVING

    Total calculated
    $148,055
    From this org
    $135,863
    From related orgs
    $0
    Other
    $12,192
    Hours/week
    40

  • Mandy Lewis

    DIR. ASSET MGMT

    Total calculated
    $129,213
    From this org
    $122,486
    From related orgs
    $0
    Other
    $6,727
    Hours/week
    40

  • Mary C Young

    DIR. SUPP. HOUSING

    Total calculated
    $127,848
    From this org
    $121,165
    From related orgs
    $0
    Other
    $6,683
    Hours/week
    40

  • Tillie Croxdale

    DIR. HOUSING DEV.

    Total calculated
    $125,578
    From this org
    $114,363
    From related orgs
    $0
    Other
    $11,215
    Hours/week
    40

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

  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
BONUS AMOUNTS ARE APPROVED BY BOARD OF DIRECTORS TO EXECUTIVE DIRECTOR AND ED APPROVES ANY BONUS TO STAFF BASED ON EXCEPTIONAL PERFORMANCE OR MERIT. ADDITIONALLY, ALL STAFF RECEIVE HOLIDAY BONUS BASED ON YEARS OF SERVICE AND CAPPED AT $1,000 PER PERSON.

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.

  • FC HIGHWAY 71 HOUSING LLC

    LOW INCOME HOUSING · TX · income -$59 · assets $516

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC SOLA HOUSING LLC

    LOW INCOME HOUSING · TX · income -$56 · assets $1,716,436

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC LAKELINE HOUSING LLC

    LOW INCOME HOUSING · TX · income -$67 · assets $402

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 4 POINTS HOUSING LLC

    LOW INCOME HOUSING · TX · income -$771 · assets $5,221

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC TILLEY HOUSING LLC

    LOW INCOME HOUSING · TX · income -$60 · assets $675

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC NORTH STUDIOS HOUSING LLC

    LOW INCOME HOUSING · TX · income -$43 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC BRAKER HOUSING LLC

    LOW INCOME HOUSING · TX · income -$82 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 1508 S LAMAR HOUSING LLC

    LOW INCOME HOUSING · TX · income -$89 · assets $21,364

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC HIGHWAY 45 HOUSING LLC

    LOW INCOME HOUSING · TX · income -$265 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 2105 PARKER HOUSING LLC

    LOW INCOME HOUSING · TX · income -$23 · assets $2,984

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 11630 N LAMAR HOUSING LLC

    LOW INCOME HOUSING · TX · income $3 · assets $5,607

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 3811 TANNEHILL HOUSING LLC

    LOW INCOME HOUSING · TX · income $3 · assets $776

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC 7905 BURLESON ROAD HOUSING LLC

    LOW INCOME HOUSING · TX · income $0 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC BLOOM HOUSING LP

    LOW INCOME HOUSING · TX · income $0 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC LARMAR SQUARE PHASE 1 HOUSING LP

    LOW INCOME HOUSING · TX · income $0 · assets $0

    Directly controlled by FOUNDATION COMMUNITIES INC

Related partnerships

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

  • SHADY OAKS HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$42 · share of assets $1,332 · general or managing partner

    Directly controlled by FC SHADY OAKS HSG LLC

  • M STATION HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$83 · share of assets $1,316 · general or managing partner

    Directly controlled by FC M STATION HSG LLC

  • CAPITAL STUDIOS HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$34 · share of assets $1,468 · general or managing partner

    Directly controlled by FC DWNTOWN ST HSG LLC

  • FC SW HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$50 · share of assets $1,882 · general or managing partner

    Directly controlled by FC HOMESTEAD HOUSING LLC

  • FC RUTLEDGE HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$67 · share of assets $2,283 · general or managing partner

    Directly controlled by FC LAKELINE HOUSING LLC

  • FC SOUTHWEST TRAILS HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$59 · share of assets $1,179 · general or managing partner

    Directly controlled by FC HIGHWAY 71 HOUSING LLC

  • FC BLUEBONNET HSG LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$56 · share of assets $1,688 · general or managing partner

    Directly controlled by FC SOLA HOUSING LLC

  • FC CARDINAL POINT HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$63 · share of assets $2,125 · general or managing partner

    Directly controlled by FC 4POINTS HOUSING LLC

  • FC MUELLER HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$60 · share of assets $2,379 · general or managing partner

    Directly controlled by FC TILLEY HOUSING LLC

  • FC WATERS PARK HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$43 · share of assets $2,466 · general or managing partner

    Directly controlled by FC NORTH STUDIOS HOUSING LLC

  • FC N LAMAR HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$82 · share of assets $2,507 · general or managing partner

    Directly controlled by FC BRAKER HOUSING LLC

  • FC ZILKER HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$89 · share of assets $2,552 · general or managing partner

    Directly controlled by FC 1508 S LAMAR HOUSING LLC

  • FC LAKELINE MALL HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$167 · share of assets $3,393 · general or managing partner

    Directly controlled by FC HIGHWAY 45 LLC

  • FC PARKER HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income -$79 · share of assets $4,526 · general or managing partner

    Directly controlled by FC 2105 PARKER HOUSING LLC

  • PARKER GC JOINT VENTURE LLC

    RELATED · CONSTRUCTION OF LOW INCOME HOUSING · TX · 0.01% owned · share of income -$11 · share of assets $3,219,717 · general or managing partner

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC BURLESON HOUSING LP

    RELATED · LOW INCOME HOUSING · TX · 0.01% owned · share of income $1 · share of assets $335 · general or managing partner

    Directly controlled by FC 7905 BURLESON ROAD HOUSING LLC

Related corporations and trusts

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

  • FC M STATION HSG LLC

    C · LOW INCOME HOUSING · TX · 100% owned · share of income -$251 · share of assets $963,024

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC SHADY OAKS HSG LLC

    C · LOW INCOME HOUSING · TX · 100% owned · share of income -$33 · share of assets $10,075

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC DOWNTOWN STUDIOS HOUSING LLC

    C · LOW INCOME HOUSING · TX · 100% owned · share of income -$80,537 · share of assets $2,261,779

    Directly controlled by FOUNDATION COMMUNITIES INC

  • FC HOMESTEAD HOUSING LLC

    C · LOW INCOME HOUSING · TX · 100% owned · share of income -$47 · share of assets $20,647

    Directly controlled by FOUNDATION COMMUNITIES INC

  • CAPITAL STUDIOS HOMEOWNERS ASSOCIATION INC

    C · CONDO. ASSOC. MGMT · TX · 100% owned

    Directly controlled by FOUNDATION COMMUNITIES INC

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202513189349307476

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