Skip to content
Nonprofiteer
← AFFORDABLE HOUSING MATTERS INC

Form 990 for tax year 2023

Filed by AFFORDABLE HOUSING MATTERS INC.

Totals

Total revenue
$90,363
Total expenses
$122,331
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
$28,987
Other revenue
$61,376
Total assets, end of year
$2,936,243
Total liabilities, end of year
$35,088
Net assets or fund balances, end of year
$2,901,155
Program services expenses (Part IX)
$122,331
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$122,331

Program services were 100.0% 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 $28,987 · excluded $28,987

  • 6a · Gross rents

    real property $61,376

  • 6c · Rental income or loss

    real property $61,376

  • 6d · Net rental income or loss

    total $61,376 · related or exempt $61,376

Functional expenses

Part IX, the statement of functional expenses.

  • 11b · Fees: legal

    total $900 · program services $900

  • 11c · Fees: accounting

    total $2,000 · program services $2,000

  • 11g · Fees: other

    total $2,378 · program services $2,378

  • 22 · Depreciation, depletion and amortization

    total $42,000 · program services $42,000

  • 23 · Insurance

    total $6,633 · program services $6,633

  • 24a · Other expenses: REPAIR AND MAINTENANCE

    total $31,120 · program services $31,120

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $20,212 · program services $20,212

  • 24c · Other expenses: TAXES

    total $9,820 · program services $9,820

  • 24d · Other expenses: UTILITIES

    total $7,268 · program services $7,268

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,910,975 · end of year $1,952,743

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,243

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

    $1,050,000

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

    $66,500

  • 10c · Land, buildings and equipment, net

    beginning of year $1,025,500 · end of year $983,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $140 · end of year $29,633

  • 25 · Other liabilities

    beginning of year $5,455 · end of year $5,455

  • 27 · Net assets without donor restrictions

    beginning of year $2,933,123 · end of year $2,901,155

Mission and programs · 2023

Mission

AFFORDABLE HOUSING MATTERS, INC. IS AN INDEPENDENT, NON-PROFIT CORPORATION ESTABLISHED FOR THE PURPOSE OF PROVIDING AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES WITH LOW INCOME.

  • PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES WITH LOW INCOME.

    Expenses $122,331

As filed on the 2023 return.

Listed in Part VII

  • SUE MARSHALL

    CHAIRMAN

    Total calculated
    $412,156
    From this org
    $0
    From related orgs
    $385,359
    Other
    $26,797
    Hours/week
    2.5

    Schedule J breakdown matched by us

    Base
    not reported + $385,359 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $9,750 related
    Nontaxable benefits
    not reported + $17,047 related
    Filer's total
    not reported + $412,156 related

  • CORNELL CHAPPELLE

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • MICHAEL FERRELL

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

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.

Provenance

Return type
form_990
Tax year
2023
Filed
11 July 2025
IRS schema version
2023v6.0
Source object
202542069349300414

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.