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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 31-1644449

INDEPEDENCE APARTMENTS INC

Tax-exempt · MALVERN, AR 72104

Financials

$124K$122K2023$127K$151K2024
Revenue Expenses · by fiscal year end
Financials of INDEPEDENCE APARTMENTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$126,982$151,039-$24,057$485,384$9,338$476,046
June 30, 2024990$123,661$121,841$1,820$511,324$11,221$500,103
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$126,920
Investment income
$62
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$27,852
Salaries, compensation and benefits (total)
$30,245
Professional fundraising fees
$0
Accounting fees
$9,789
Occupancy
$12,441
Depreciation
$24,652
Program services (functional)
$116,938
Management and general (functional)
$34,101

Balance sheet and other

Total assets, start of year
$511,324
Total assets, end of year
$485,384
Total liabilities, end of year
$9,338
Net assets, end of year
$476,046
Land, buildings and equipment
$444,323
Net assets without donor restrictions
-$443,154
Net assets with donor restrictions
$919,200
Gross receipts
$126,982
Employees
0
Year formed
1999

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
CCARL SCHULTZPRESIDENT
Trustee or director, Officer
–$0
CYNTHIA WHEELERSECRETARY
Trustee or director, Officer
–$0
JEFFREY OWENSTREASURER
Trustee or director, Officer
–$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
CCARL SCHULTZPRESIDENT
Trustee or director, Officer
–$0
CYNTHIA WHEELERSECRETARY
Trustee or director, Officer
–$0
JEFFREY OWENSTREASURER
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
212 S MAIN ST, MALVERN, AR 72104-3735
Principal officer (990 for 2024)
CCARL SCHULTZ, 212 S MAIN STREET, MALVERN, AR 72104
Signed the 990
CCARL SCHULTZ, PRESIDENT
Phone
(501) 280-0037
Return prepared by
FLEET FIRM

Mission

PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN BATESVILLE, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT GUIDELINES.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDE LOW-INCOME HOUSING TO FAMILIES LOCATED IN BATESVILLE, ARKANSAS UNDER U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT GUIDELINES.
    Expenses $116,938 · revenue $126,920

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

File the 2025 990-EZ for INDEPEDENCE APARTMENTS INC

Due November 16, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
31-1644449
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1999
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$468,607
Income (IRS master file)
$143,210

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$126,982$151,039$485,384XML
990June 2024$123,661$121,841$511,324XML
990June 2023$118,145$148,027$513,949IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2018–––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 31-1644449).

Questions about INDEPEDENCE APARTMENTS INC

What is the EIN of INDEPEDENCE APARTMENTS INC?
The employer identification number (EIN) of INDEPEDENCE APARTMENTS INC is 31-1644449.
Is INDEPEDENCE APARTMENTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to INDEPEDENCE APARTMENTS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does INDEPEDENCE APARTMENTS INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INDEPEDENCE APARTMENTS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INDEPEDENCE APARTMENTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of INDEPEDENCE APARTMENTS INC?
The 990 for the year ended June 30, 2025 names CCARL SCHULTZ.
Who are the officers and directors of INDEPEDENCE APARTMENTS INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does INDEPEDENCE APARTMENTS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $126,982, expenses of $151,039 and total assets of $485,384 at year end.

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