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Nonprofit · EIN 45-5091301

EQUITY COMMUNITY DEVELOPMENT

Tax-exempt · AUSTIN, TX 78723

Financials

$449K$430K2023$581K$580K2024
Revenue Expenses · by fiscal year end
Financials of EQUITY COMMUNITY DEVELOPMENT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$581,112$580,451$661$4,705$0$4,705
December 31, 2023990$448,811$429,765$19,046$20,527$16,483$4,044
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$581,112
of which government grants
$567,007
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$74,375
Other salaries and wages
$105,841
Salaries, compensation and benefits (total)
$193,891
Professional fundraising fees
$0
Travel
$21,164
Program services (functional)
$526,392
Management and general (functional)
$54,059

Balance sheet and other

Total assets, start of year
$20,527
Total assets, end of year
$4,705
Total liabilities, end of year
$0
Net assets, end of year
$4,705
Net assets without donor restrictions
$4,705
Gross receipts
$581,112
Employees
7
Volunteers
2
Year formed
2012
State of legal domicile
TX

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Robert StevensonExecutive Director
Trustee or director, Officer
40$74,375
Jerald FergusonBoard President
Trustee or director
0.25$0
Crystal AgnewBoard Treasurer
Trustee or director
0.25$0
Christopher StevensonBoard Member
Trustee or director
0.25$0
William GudemanBoard Secretary
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
Robert StevensonExecutive Director
Trustee or director, Officer
40$74,375
Jerald FergusonBoard President
Trustee or director
0.25$0
Crystal AgnewBoard Treasurer
Trustee or director
0.25$0
Christopher StevensonBoard Member
Trustee or director
0.25$0
William GudemanBoard Secretary
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
1421 YORKSHIRE DR, AUSTIN, TX 78723-1830
In care of
% ROBERT STEVENSON
Principal officer (990 for 2024)
Robert Stevenson, 1421 Yorkshire Dr, Austin, TX 78723
Signed the 990
Robert Stevenson, Executive Director
Phone
(512) 731-0445
990-N for 2014 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Robert Stevenson, 1421 Yorkshire Dr, Austin TX 78723. Mailing address: PO Box 16019, Austin TX 78761.

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $320,043
  • 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.
    Expenses $181,349
  • 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.
    Expenses $25,000

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 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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-5091301
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,705
Income (IRS master file)
$581,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$581,112$580,451$4,705XML
990December 2023$448,811$429,765$20,527XML
990December 2022$496,834$489,228$19,337IRS
990December 2021–––IRS
990December 2018–––IRS
990-N for 2014
Officer: Robert Stevenson
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2014≤ $50,000 receipts––e-Postcard

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 45-5091301).

Questions about EQUITY COMMUNITY DEVELOPMENT

What is the EIN of EQUITY COMMUNITY DEVELOPMENT?
The employer identification number (EIN) of EQUITY COMMUNITY DEVELOPMENT is 45-5091301.
Is EQUITY COMMUNITY DEVELOPMENT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to EQUITY COMMUNITY DEVELOPMENT tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EQUITY COMMUNITY DEVELOPMENT 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 EQUITY COMMUNITY DEVELOPMENT due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EQUITY COMMUNITY DEVELOPMENT last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of EQUITY COMMUNITY DEVELOPMENT?
The 990 for the year ended December 31, 2024 names Robert Stevenson.
Who are the officers and directors of EQUITY COMMUNITY DEVELOPMENT?
The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $74,375 (Robert Stevenson, Executive Director).
How much revenue does EQUITY COMMUNITY DEVELOPMENT have?
On its 990 for the year ended December 31, 2024 it reported revenue of $581,112, expenses of $580,451 and total assets of $4,705 at year end.

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