Skip to content
Nonprofiteer
← CITYSQUARE HOUSING

Form 990 for tax year 2023

Filed by CITYSQUARE HOUSING.

Totals

Total revenue
$2,967,244
Total expenses
$1,778,295
Contributions and grants received
$49,000
Grants paid
$0
Program service revenue
$747,571
Investment income
$123,386
Other revenue
$2,047,287
Total assets, end of year
$12,169,973
Total liabilities, end of year
$4,143,262
Net assets or fund balances, end of year
$8,026,711
Program services expenses (Part IX)
$1,259,703
Management and general expenses
$518,592
Fundraising expenses
$0
Program service expenses (Part III)
$1,259,703

Program services were 70.8% 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.

  • 1f · All other contributions, gifts and grants

    $49,000

  • 2a · Program service revenue: AFFORDABLE HOUSING REN

    total $682,577 · related or exempt $682,577

  • 2b · Program service revenue: AFFORDABLE HOUSING FEE

    total $64,994 · related or exempt $64,994

  • 3 · Investment income

    total $123,386 · excluded $123,386

  • 11a · Other revenue: EQUITY EARNINGS IN REL

    total $1,347,544 · related or exempt $1,347,544

  • 11b · Other revenue: DEBT FORGIVENESS

    total $699,743 · related or exempt $699,743

  • 11e · Other revenue, total

    $2,047,287

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $387,343 · program services $227,324 · management and general $160,019

  • 11a · Fees: management

    total $24,262 · program services $24,262

  • 11b · Fees: legal

    total $12,919 · management and general $12,919

  • 11c · Fees: accounting

    total $50,000 · management and general $50,000

  • 13 · Office expenses

    total $78,655 · program services $7,366 · management and general $71,289

  • 16 · Occupancy

    total $12,359 · program services $6,180 · management and general $6,179

  • 20 · Interest

    total $107,667 · program services $107,667

  • 22 · Depreciation, depletion and amortization

    total $224,512 · program services $224,512

  • 23 · Insurance

    total $71,133 · program services $71,133

  • 24a · Other expenses: CONTRACT SERVICES

    total $379,692 · program services $161,506 · management and general $218,186

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $178,974 · program services $178,974

  • 24c · Other expenses: SECURITY ACCESS

    total $174,953 · program services $174,953

  • 24d · Other expenses: ELECTRICITY AND GAS

    total $34,941 · program services $34,941

  • 24e · All other expenses

    total $40,885 · program services $40,885

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $70,277 · end of year $156,789

  • 4 · Accounts receivable

    beginning of year $3,185,396 · end of year $2,426,337

  • 7 · Other notes and loans receivable

    beginning of year $1,039,530 · end of year $1,076,118

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,797 · end of year $7,899

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

    $9,414,175

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

    $1,912,415

  • 10c · Land, buildings and equipment, net

    beginning of year $8,066,679 · end of year $7,501,760

  • 13 · Investments: program-related

    beginning of year -$1,082,898 · end of year $1,001,070

  • 17 · Accounts payable and accrued expenses

    beginning of year $600,788 · end of year $916,718

  • 23 · Secured mortgages and notes payable

    beginning of year $2,802,571 · end of year $3,210,991

  • 24 · Unsecured notes and loans payable

    beginning of year $1,040,150 · end of year $0

  • 25 · Other liabilities

    beginning of year $6,510 · end of year $15,553

  • 27 · Net assets without donor restrictions

    beginning of year $6,837,762 · end of year $8,026,711

Mission and programs · 2023

Mission

ENHANCE COMMUNITIES AND ESTABLISH ECONOMIC OPPORTUNITIES IN DALLAS, TEXAS TRHOUGH THE DEVELOPMENT OF AFFORDABLE WORKFORCE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR THE FORMERLY HOMELESS.

Activities or mission (Part I)

ENHANCE COMMUNITIES AND ESTABLISH ECONOMIC OPPORTUNITIES IN DALLAS, TEXAS THROUGH THE DEVELOPMENT OF AFFORDABLE WORKFORCE HOUSING AND PERMANENT SUPPORTIVE HOUSING FOR THE FORMERLY HOMELESS.

  • OPERATED 583 AFFORDABLE HOUSING UNITS INCLUDING 50 HOMELESS HOUSING UNITS IN DALLAS, TEXAS.

    Expenses $1,259,703 · Revenue $747,571

As filed on the 2023 return.

Listed in Part VII

  • Larry James

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Jamie Zachary

    EXECUTIVE DIRECTOR & BOARD

    Total calculated
    $145,000
    From this org
    $95,000
    From related orgs
    $50,000
    Other
    $0
    Hours/week
    50

  • EdD Eason

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sister Mary Anne Owens

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • David Leininger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Millner

    CFO

    Total calculated
    $250,730
    From this org
    $250,730
    From related orgs
    $0
    Other
    $0
    Hours/week
    55

    Schedule J breakdown matched by us

    Base
    $250,730
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $250,730

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

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.

Related partnerships

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

  • WYNNEWOOD FAMILY HOUSING LP

    RELATED · RESIDENTIAL RENTAL INCOME · TX · 0.01% owned · general or managing partner

    Directly controlled by WYNNEWOOD FAMILY GP LLC

  • WYNNEWOOD SENIORS HOUSING LP

    RELATED · RESIDENTIAL RENTAL INCOME · TX · 0.01% owned · general or managing partner

    Directly controlled by WYNNEWOOD SENIOR HOUSING GP LLC

  • AKARD WALK RESIDENTIAL LLC

    RELATED · RESIDENTIAL RENTAL INCOME · TX · 0.01% owned · general or managing partner

    Directly controlled by AKARD WALK RESIDENTIAL GP LLC

  • AKARD WALK COMMERCIAL LLC

    RELATED · COMMERCIAL RENTAL INCOME · TX · 100% owned · general or managing partner

    Directly controlled by AKARD WALK COMMERCIAL GP LLC

Related corporations and trusts

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

  • AKARD WALK COMMERCIAL GP LLC

    C · OWN & OPERATE AFFORDABLE HOUSING · TX · 100% owned

    Directly controlled by CITYSQUARE HOUSING

  • AKARD WALK RESIDENTIAL GP LLC

    C · OWN & OPERATE AFFORDABLE HOUSING · TX · 100% owned

    Directly controlled by CITYSQUARE HOUSING

  • WYNNEWOOD SENIOR HOUSING GP LLC

    C · OWN & OPERATE AFFORDABLE HOUSING · TX · 100% owned

    Directly controlled by CITYSQUARE HOUSING

  • WYNNEWOOD FAMILY GP LLC

    C · OWN & OPERATE AFFORDABLE HOUSING · TX · 100% owned

    Directly controlled by CITYSQUARE HOUSING

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202403209349310390

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.