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Nonprofiteer
← ACH LANDOWNER III

Form 990 for tax year 2024

Filed by ACH LANDOWNER III.

Totals

Total revenue
$247,485
Total expenses
$353,104
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$130,000
Investment income
$117,485
Other revenue
$0
Total assets, end of year
$7,779,862
Total liabilities, end of year
$7,840,000
Net assets or fund balances, end of year
-$60,138
Program services expenses (Part IX)
$193,871
Management and general expenses
$159,233
Fundraising expenses
$0
Program service expenses (Part III)
$193,871

Program services were 54.9% 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.

  • 2a · Program service revenue: FACILITIES RENTAL

    total $130,000 · related or exempt $130,000

  • 3 · Investment income

    total $117,485 · excluded $117,485

Functional expenses

Part IX, the statement of functional expenses.

  • 11c · Fees: accounting

    total $9,000 · management and general $9,000

  • 20 · Interest

    total $78,952 · management and general $78,952

  • 22 · Depreciation, depletion and amortization

    total $265,152 · program services $193,871 · management and general $71,281

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $539,949 · end of year $319,416

  • 2 · Savings and temporary cash investments

    beginning of year $80,403 · end of year $52,056

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

    $7,506,413

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

    $1,057,808

  • 10c · Land, buildings and equipment, net

    beginning of year $6,642,477 · end of year $6,448,605

  • 15 · Other assets

    beginning of year $681,068 · end of year $959,785

  • 23 · Secured mortgages and notes payable

    beginning of year $7,840,000 · end of year $7,840,000

  • 25 · Other liabilities

    beginning of year $58,416 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $45,481 · end of year -$60,138

Mission and programs · 2024

Mission

ACH LANDOWNER III EXISTS TO HOLD REAL PROPERTY, AS WELL AS TO DEVELOP AND MAINTAIN FACILITIES. THE FACILITIES ARE MADE AVAILABLE TO ITS SOLE MEMBER, ACH CHILD AND FAMILY SERVICES, TO ASSIST ACH IN FULFILLING ITS MISSION OF ASSISTING CHILDREN AND FAMILIES THAT... (SEE SCHEDULE O)ARE STRUGGLING WITH LIFE'S CHALLENGES.

Activities or mission (Part I)

TO HOLD, DEVELOP, AND MAINTAIN FACILITIES SO ACH CHILD AND FAMILY SERVICES CAN FULFILL ITS MISSION.

  • ACH LANDOWNER III SUPPORTS ACH CHILD AND FAMILY SERVICES IN FULFILLING ITS MISSION OF PROVIDING SUPPORT FOR DEPENDENT AND NEGLECTED CHILDREN AND AT-RISK FAMILIES BY DEVELOPING AND MANAGING REAL PROPERTY THAT IS MADE AVAILABLE TO ACH CHILD AND FAMILY SERVICES FOR ITS PROGRAMS.

    Expenses $193,871 · Revenue $130,000

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

Listed in Part VII

  • Wayne Carson

    CEO

    Total calculated
    $525,983
    From this org
    $0
    From related orgs
    $499,566
    Other
    $26,417
    Hours/week
    1 + 45 related

    Schedule J breakdown matched by us

    Base
    $0 + $412,496 related
    Bonus
    $0 + $75,000 related
    Other
    $0 + $12,070 related
    Deferred
    $0 + $10,192 related
    Nontaxable benefits
    $0 + $16,225 related
    Filer's total
    $0 + $525,983 related
  • Sarah Proctor

    CFO

    Total calculated
    $276,028
    From this org
    $0
    From related orgs
    $249,595
    Other
    $26,433
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $234,393 related
    Bonus
    $0 + $14,806 related
    Other
    $0 + $396 related
    Deferred
    $0 + $10,374 related
    Nontaxable benefits
    $0 + $16,059 related
    Filer's total
    $0 + $276,028 related
  • Anna Alvarado

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1 + 7 related
  • Jack Larson

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 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
THE FILING ORGANIZATION RELIED ON A RELATED ORGANIZATION TO ESTABLISH COMPENSATION FOR THE ORGANIZATION'S PRESIDENT & CEO. THE RELATED ORGANIZATION USED THE FOLLOWING METHODS TO DETERMINE THE COMPENSATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

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.

  • ACH CHILD AND FAMILY SERVICES

    501(C)3 · SERVICES FOR AT-RISK CHILDREN, YOUTH AND FAMILIES · TX

  • ALL CHURCH HOME FOR CHILDREN FOUNDATION

    501(C)3 · SUPPORT ACH CHILD AND FAMILY SERVICES · TX

    Directly controlled by ACH CHILD AND FAMILY SERVICES

  • ACH LANDOWNER

    501(C)3 · SUPPORT ACH CHILD AND FAMILY SERVICES · TX

    Directly controlled by ACH CHILD AND FAMILY SERVICES

  • ACH LANDOWNER II

    501(C)3 · SUPPORT ACH CHILD AND FAMILY SERVICES · TX

    Directly controlled by ACH CHILD AND FAMILY SERVICES

  • OUR COMMUNITY OUR KIDS

    501(C)3 · SUPPORT ACH CHILD AND FAMILY SERVICES · TX

    Directly controlled by ACH CHILD AND FAMILY SERVICES

  • ACH LANDOWNER IV

    501(C)3 · SUPPORT ACH CHILD AND FAMILY SERVICES · TX

    Directly controlled by ACH CHILD AND FAMILY SERVICES

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.2
Source object
202513189349306181

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