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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 23-7181365

GRAFTON HOUSING DEVELOPMENT

Tax-exempt · ALGONA, IA 50511

Financials

$47K$48K2023$47K$61K2024$48K$44K2025
Revenue Expenses · by fiscal year end
Financials of GRAFTON HOUSING DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$48,010$44,418$3,592$114,049$4,839$109,210
December 31, 2024990-EZ$47,319$61,337-$14,018$109,950$4,332$105,618
December 31, 2023990-EZ$46,562$48,100-$1,538$123,462$3,826$119,636
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$48,010
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$16,512
Occupancy
$14,217
Other expenses
$13,689
Program services (functional)
$14,217

Balance sheet and other

Total assets, start of year
$109,950
Total assets, end of year
$114,049
Total liabilities, end of year
$4,839
Net assets, end of year
$109,210
Cash, savings and investments
$57,644
Land and buildings
$56,405
Gross receipts
$48,010

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Richard NeelyPresident0$0
Randy HulshizerVice President0$0
Bruce WhiteSecretary/Treasurer0$0
Jim HackbartDirector0$0
Doug HomesDirector0$0
John DuvallDirector0$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Richard NeelyPresident0$0
Randy HulshizerVice President0$0
Bruce WhiteSecretary/Treasurer0$0
Jim HackbartDirector0$0
Doug HomesDirector0$0
John DuvallDirector0$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Richard NeelyPresident0$0
Randy HulshizerVice President0$0
Bruce WhiteSecretary/Treasurer0$0
Jim HackbartDirector0$0
Doug HomesDirector0$0
John DuvallDirector0$0

Address and contacts

Address (IRS master file)
PO BOX 476, ALGONA, IA 50511-0476
Signed the 990-EZ
Richard Neely, President
Phone
(515) 295-2927
Return prepared by
Murphy Realty and Management Inc

Mission

Provide affordable housing for elderly, disabled and low-income families

990-EZ for the year ended December 31, 2025

Program accomplishments

  • Provide affordable housing to low income, disabled and elderly families
    Expenses $14,217

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2026 990-N for GRAFTON HOUSING DEVELOPMENT

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
23-7181365
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1972
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$114,049
Income (IRS master file)
$48,010

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$48,010$44,418$114,049IRS
990-EZDecember 2024$47,319$61,337$109,950XML
990-EZDecember 2023$46,562$48,100$123,462XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7181365).

Questions about GRAFTON HOUSING DEVELOPMENT

What is the EIN of GRAFTON HOUSING DEVELOPMENT?
The employer identification number (EIN) of GRAFTON HOUSING DEVELOPMENT is 23-7181365.
Is GRAFTON HOUSING DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1972.
Are donations to GRAFTON HOUSING DEVELOPMENT tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does GRAFTON HOUSING DEVELOPMENT file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of GRAFTON HOUSING DEVELOPMENT due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRAFTON HOUSING DEVELOPMENT last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of GRAFTON HOUSING DEVELOPMENT?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does GRAFTON HOUSING DEVELOPMENT have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $48,010, expenses of $44,418 and total assets of $114,049 at year end.

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