2025-11-17T11:26:58-07:00 2024-12-31 990 2024-01-01 455091301 EQUITY COMMUNITY DEVELOPMENT EQUI 5127310445 1421 Yorkshire Dr Austin TX 78723 Robert Stevenson Executive Director 5127310445 2025-11-17 1 2024 2025-03-06 01:10:19Z Robert Stevenson 1421 Yorkshire Dr Austin TX 78723 581112 0 X www.equitycdc.org X 2012 TX Equity CDC works with units of government and low-income people to create, develop and administer housing programs for the rehabilitation, reconstruction, or new construction of low-income housing in primarily rural and underserved areas of Texas. 5 4 7 2 0 0 448811 581112 0 0 0 0 0 0 448811 581112 0 0 0 0 198232 193891 0 0 0 231533 386560 429765 580451 19046 661 20527 4705 16483 0 4044 4705 Equity CDC works with units of government and low-income people to create, develop, and administer housing programs for the rehabilitation, reconstruction, or new construction of low-income housing in primarily rural and underserved areas of Texas. 0 0 320043 0 0 Equity CDC successfully completed accessibility modifications and rehabilitations of 15 low-income, single-family, owner-occupied homes as a direct recipient of Amy Young Barrier Removal (AYBR) Program funding from the Texas Department of Housing and Community Affairs (TDHCA). The work was provided as a grant to the homeowners and was conducted in Val Verde, Maverick and Williamson Counties. This program service is an activity that accomplishes our exempt purpose and fulfills our mission. The funding for the work is provided in the form of grants from a unit of government for the benefit of individual, low-income homeowners and their private residences, not for the direct benefit government itself; therefore, there is no generation of revenue to be reported here as it is considered to be a contribution (government grant) and not revenue derived from program services. Also, there are no grants to be reported here as a subcategory of Equity CDC's program services expenses as Equity CDC did not make any grants in FY 2024. Equity CDC only administered government contributions in FY 2024. 181349 0 0 Equity CDC successfully completed 7 housing rehabilitations, 6 housing reconstructions and maintained a tool lending library and computer lab with access to the internet for low-income residents of Texas Colonias under the Colonia Self-Help Center (SHC) Program of the Texas Department of Housing and Community Affairs (TDHCA). TDHCA awarded the SHC Program funding, which is sourced from CDBG HUD funding, to Val Verde and Maverick Counties, the direct recipients of the grant funding. The Counties contracted with Equity CDC to provide the services in Val Verde and Maverick Counties. This program service is an activity that accomplishes our exempt purpose and fulfills our mission. The funding for the work is provided in the form of grants from a unit of government for the benefit of individual, low-income homeowners and their private residences, not for the direct benefit government itself; therefore, there is no generation of revenue to be reported here as it is considered to be a contribution (government grant) and not revenue derived from program services. Also, there are no grants to be reported here as a subcategory of Equity CDC's program services expenses as Equity CDC did not make any grants in FY 2024. Equity CDC only administered government contributions in FY 2024. 25000 0 0 Equity CDC successfully completed accessibility modifications and housing rehabilitations of 9 low-income, owner-occupied homes as a subcontractor of Val Verde County for the American Rescue Plan Act (ARPA). Val Verde County was awarded directly from the US Treasury. This program service is an activity that accomplishes our exempt purpose and fulfills our mission. The funding for the work is provided in the form of grants from a unity of government for the benefit of the individual, low-income homeowners and their private residences, not for the direct benefit of government itself; therefore, there is no generation of revenue to be reported here as it is considered to be a contribution (government grant) and not revenue derived from program services. Also there are no grants to be reported here as a subcategory of Equity CDC's program services expenses as Equity CDC did not make any grants in FY 2024. Equity CDC only administered government contributions in FY 2024. 0 0 0 526392 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 7 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 X 5 4 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 TX X X X Robert Stevenson 5127310445 1421 Yorkshire Dr Austin TX 78723 Robert Stevenson Executive Director 40 0 X X 74375 0 0 Jerald Ferguson Board President 0.25 0 X 0 0 0 Crystal Agnew Board Treasurer 0.25 0 X 0 0 0 Christopher Stevenson Board Member 0.25 0 X 0 0 0 William Gudeman Board Secretary 0.25 0 X 0 0 0 74375 0 0 0 0 0 0 0 0 0 0 0 567007 14105 0 581112 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 581112 0 0 0 X 0 0 0 0 0 0 0 0 74375 49830 24545 0 0 0 0 0 105841 79746 26095 0 0 0 0 0 0 0 0 0 13675 10256 3419 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 321641 321641 0 0 1300 1300 0 0 22913 22913 0 0 2138 2138 0 0 0 0 0 0 0 0 0 0 21164 21164 0 0 0 0 0 0 0 0 0 0 4786 4786 0 0 0 0 0 0 0 0 0 0 1633 1633 0 0 Back payroll taxes 10985 10985 0 0 0 0 0 0 580451 526392 54059 0 20517 4695 10 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 20527 4705 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16483 0 16483 0 X 4044 4705 0 0 4044 4705 20527 4705 661 0 0 0 0 0 X 0 0 0 X 901266 595602 496833 448811 567007 3009519 0 0 0 0 0 0 4500 4500 4500 4500 4500 22500 905766 600102 501333 453311 571507 3032019 3032019 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3032019 0 1 1 X Form 990, Part VI, Section B, Line 11b The 990 was prepared and submitted directly to the IRS by the Executive Director. While not a requirement, it is anticipated that policies will be developed and adopted in the future to allow Board members to review draft 990 prior to submission. Form 990, Part VI, Section B, Line 12c The conflict of interest policy adopted by the Governing Board requires that each director, principal officer, and board member sign statements affirming that the policy has been received and understood. All independent contractors and any management or administrative partnerships are reviewed prior to contracting with that entity to determine the identity of the principals and any potential for private interest or excess benefit to each director, officer, or board member. Periodic reviews of compensation agreements are conducted. Form 990, Part VI, Section B, Line 15 Compensation for the Executive Director was most recently reviewed and approved in FY 2019. No other key employees were affected or have been affected since. No changes of any kind have been made since approval. The process to establish reasonable compensation involved extensive research into what someone in a similar position would earn at a similar organization. A study was compiled consisting of state agencies performing similar tasks and responsibilities. Information from publicly available IRS 990 Reporting forms was utilized for the nonprofit data and information was sourced from the publicly available Government Salaries Explorer of the Texas Tribune for the specific state agency salary figures. Objective comparisons were also made at the national, state, and local levels for similar nonprofit organizations with aggregated data sources from the 2019 Edition of the GuideStar Nonprofit compensation Report. The study was presented to the Governing Board at a Board meeting in a manner that allowed for contemporaneous substantiation, discussion, deliberation, and unanimous approval by all Board members. Form 990, Part VI, Section C, Line 19 Governing documents, conflict of interest policy, and financial statements of all kinds are available upon request; contact information is displayed on our website: www.equitycdc.org. Additional financial information is publicly available on www.guidestar.org and similar organizations. Form 990, Part IX, Line 11g In fulfilling the mission as a nonprofit organization, ECDC contracts with multiple construction contractors for owner-occupied housing rehabilitations. No single contractor exceeded $100,000 in FY24. Construction Contractors: $310,608 In fulfilling the mission as a nonprofit organization, ECDC engages several professional administrative-type services not separately listed. Homeowners Insurance: $5,732; Title Reports: $2,332; Land Surveys: $1,191; Payroll fees: $1,778 The filing is not late, a 6-month extension was granted.