Form 990 for tax year 2024
Filed by THE SAFE ALLIANCE AFFORDABLE HOUSING CORPORATION.
Totals
- Total revenue
- $2,681,488
- Total expenses
- $2,574,386
- Contributions and grants received
- $50,000
- Grants paid
- $0
- Program service revenue
- $2,422,053
- Investment income
- $209,435
- Other revenue
- $0
- Total assets, end of year
- $29,074,721
- Total liabilities, end of year
- $22,278,921
- Net assets or fund balances, end of year
- $6,795,800
- Program services expenses (Part IX)
- $2,567,336
- Management and general expenses
- $7,050
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,567,336
Program services were 99.7% 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.
-
1e · Government grants (contributions)
$50,000
-
2a · Program service revenue: RENTAL INCOME
total $2,347,953 · related or exempt $2,347,953
-
2b · Program service revenue: OTHER INCOME
total $74,100 · related or exempt $74,100
-
3 · Investment income
total $209,435 · excluded $209,435
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $419,330 · program services $419,330
-
11a · Fees: management
total $82,627 · program services $82,627
-
11b · Fees: legal
total $46,672 · program services $46,672
-
12 · Advertising and promotion
total $10,242 · program services $10,242
-
20 · Interest
total $664,091 · program services $664,091
-
22 · Depreciation, depletion and amortization
total $524,558 · program services $524,558
-
23 · Insurance
total $140,443 · program services $140,443
-
24a · Other expenses: UTILITIES
total $289,352 · program services $289,352
-
24b · Other expenses: GENERAL & ADMIN
total $200,399 · program services $193,349 · management and general $7,050
-
24c · Other expenses: REPAIRS
total $140,690 · program services $140,690
-
24d · Other expenses: BAD DEBT
total $54,185 · program services $54,185
-
24e · All other expenses
total $1,797 · program services $1,797
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,053,460 · end of year $6,506,247
-
4 · Accounts receivable
beginning of year $3,120 · end of year $1,181,873
-
9 · Prepaid expenses and deferred charges
beginning of year $38,541 · end of year $204,981
-
10a · Land, buildings and equipment: cost or other basis
$19,077,371
-
10b · Land, buildings and equipment: accumulated depreciation
$7,191,212
-
10c · Land, buildings and equipment, net
beginning of year $11,060,440 · end of year $11,886,159
-
14 · Intangible assets
beginning of year $253,960 · end of year $426,645
-
15 · Other assets
beginning of year $1,896,947 · end of year $8,868,816
-
17 · Accounts payable and accrued expenses
beginning of year $109,143 · end of year $1,392,921
-
21 · Escrow or custodial account liability
end of year $40,699
-
23 · Secured mortgages and notes payable
beginning of year $14,009,914 · end of year $19,895,803
-
25 · Other liabilities
beginning of year $40,673 · end of year $949,498
-
27 · Net assets without donor restrictions
beginning of year $3,146,738 · end of year $6,082,274
-
28 · Net assets with donor restrictions
beginning of year $1,000,000 · end of year $713,526
Mission and programs · 2024
Mission
PROVIDING AFFORDABLE HOUSING TO LOW-INCOME AND MODERATE-INCOME PEOPLE IN TRAVIS COUNTY, TEXAS
-
ENHANCING THE CREATION OF NEW HOUSING AND THE REHABILITATION OF EXISTING HOUSING IN NEIGHBORHOODS LOCATED IN TRAVIS COUNTY, WITH SPECIAL EMPHASIS PLACED ON CREATING RENTAL HOUSING FOR LOW-INCOME AND MODERATE-INCOME FAMILIES, PROMOTING AND CREATING PROGRAMS TOENCOURAGE HEALTH AND SOCIAL SERVICES IN LOW-INCOME AND MODERATE-INCOME NEIGHBORHOODS, PROVIDING HOUSING THAT IS AFFORDABLE TO LOW-INCOME AND MODERATE-INCOME CLIENTS OF THE SAFE ALLIANCE AND CREATING A SAFE, STABLE ENVIRONMENT FOR FAMILIES TO REBUILD THEIR LIVES.
Expenses $2,567,336 · Revenue $2,422,053
As filed on the 2024 return.
Listed in Part VII
-
MICHAEL SIMONS
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DARILYN BIELER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KRISTA DEL GALLO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GRETCHEN ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ANTONIO GARZA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
TAMARA KILNDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SOPHIA MAKRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THOMASINA TIJERINA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JULIA SPANN
EXECUTIVE DIRECTOR
- Total calculated
- $201,729
- From this org
- $0
- From related orgs
- $179,402
- Other
- $22,327
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $179,402 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $13,660 related
- Nontaxable benefits
- $0 + $8,667 related
- Filer's total
- $0 + $201,729 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
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.
-
THE SAFE ALLIANCE FACILITIES HOLDINGS
501(C)(3) · SUPPORT · TX
-
501(C)(3) · ENDING ABUSE AND SERVING VICTIMS OF ABUSE · TX
-
501(C)(3) · SUPPORT SAFE ORGANIZATIONS · TX
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.
-
GROVE PLACE PARTNERS LIMITED LLC
APARTMENT RENTALS · TX
Directly controlled by GROVE PLACE PARTNERS GP INC
-
APARTMENT RENTALS · TX · income -$142,185 · assets $10,462,795
Directly controlled by GROVE PLACE PARTNERS GP INC
-
SAFE LANCASTER COURT LLC
APARTMENT RENTALS · TX · income $28,671 · assets $8,548,772
Directly controlled by GROVE PLACE PARTNERS GP INC
-
SAFE SASHA GP LLC
APARTMENT RENTALS · TX · income $0 · assets $289
Directly controlled by GROVE PLACE PARTNERS GP INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630489349301688
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.