Nonprofit · EIN 58-1623245
MACON HOUSING DEVELOPMENT CORPORATION
Tax-exempt · FRANKLIN, NC 28744
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $310,785 | $252,008 | $58,777 | $589,717 | $980,891 | -$391,174 |
| December 31, 2024 | 990 | $294,617 | $234,413 | $60,204 | $559,671 | $1,009,622 | -$449,951 |
| December 31, 2023 | 990 | $280,371 | $229,399 | $50,972 | $529,939 | $1,040,094 | -$510,155 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $185,777
- of which government grants
- $185,777
- Program service revenue
- $113,585
- Investment income
- $220
- Other revenue
- $11,203
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $2,902
- Accounting fees
- $6,456
- Occupancy
- $155,295
- Travel
- $624
- Depreciation
- $9,054
- Program services (functional)
- $168,647
- Management and general (functional)
- $83,361
Balance sheet and other
- Total assets, start of year
- $559,671
- Total assets, end of year
- $589,717
- Total liabilities, end of year
- $980,891
- Net assets, end of year
- -$391,174
- Land, buildings and equipment
- $201,592
- Net assets without donor restrictions
- -$391,174
- Gross receipts
- $310,785
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1985
- State of legal domicile
- NC
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WEST | CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| PATRICK BETANCOURT | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| D'ANNE MADDOX | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 |
| PEDRO CISNEROS | DIRECTOR Trustee or director | 0.5 | $0 |
| DICK SCHMIDT | DIRECTOR Trustee or director | 0.5 | $0 |
| JOSH OWENS | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WEST | CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| PATRICK BETANCOURT | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| JOSH OWENS | DIRECTOR Trustee or director | 0.5 | $0 |
| PEDRO CISNEROS | DIRECTOR Trustee or director | 0.5 | $0 |
| DICK SCHMIDT | DIRECTOR Trustee or director | 0.5 | $0 |
| JACK HORTON | DIRECTOR Trustee or director | 0.5 | $0 |
| D'ANNE MADDOX | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK WEST | CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| PATRICK BETANCOURT | VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 |
| JOSH OWENS | DIRECTOR Trustee or director | 0.5 | $0 |
| PEDRO CISNEROS | DIRECTOR Trustee or director | 0.5 | $0 |
| DICK SCHMIDT | DIRECTOR Trustee or director | 0.5 | $0 |
| JACK HORTON | DIRECTOR Trustee or director | 0.5 | $0 |
| D'ANNE MADDOX | DIRECTOR Trustee or director | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 770, FRANKLIN, NC 28744-0770
- Principal officer (990 for 2025)
- MARK WEST, PO BOX 770, FRANKLIN, NC 28734
- Signed the 990
- MARK WEST, CHAIRPERSON
- Phone
- (336) 765-0424
- Return prepared by
- DAUBY O'CONNOR & ZALESKI LLC
Mission
MACON HOUSING DEVELOPMENT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 32-UNIT APARTMENT COMMUNITY IN FRANKLIN, NORTH CAROLINA, KNOWN AS OAK FOREST APARTMENTS, PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. THE CORPORATION HAS ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.
Program accomplishments
- MACON HOUSING DEVELOPMENT CORPORATION WAS ORGANIZED TO CONSTRUCT, OWN, AND OPERATE A 32-UNIT APARTMENT COMMUNITY IN FRANKLIN, NORTH CAROLINA, KNOWN AS OAK FOREST APARTMENTS, PURSUANT TO SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED. THE CORPORATION HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS GOVERNING THE OPERATION OF THE COMMUNITY WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. THE CORPORATION HAS ENTERED INTO A HOUSING ASSISTANCE PAYMENT CONTRACT (HAP CONTRACT) WITH HUD. THE HAP CONTRACT PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS) AS PROVIDED BY THE SECTION 8 PROGRAM OF THE NATIONAL HOUSING ACT.Expenses $168,647 · revenue $113,585
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1623245
- 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
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $589,717
- Income (IRS master file)
- $310,785
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $310,785 | $252,008 | $589,717 | XML |
| 990 | December 2024 | $294,617 | $234,413 | $559,671 | IRS |
| 990 | December 2023 | $280,371 | $229,399 | $529,939 | XML |
| 990 | December 2022 | $274,863 | $204,924 | $496,331 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 58-1623245).
Questions about MACON HOUSING DEVELOPMENT CORPORATION
- What is the EIN of MACON HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of MACON HOUSING DEVELOPMENT CORPORATION is 58-1623245.
- Is MACON HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to MACON HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MACON HOUSING DEVELOPMENT CORPORATION 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 MACON HOUSING DEVELOPMENT CORPORATION 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 MACON HOUSING DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of MACON HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 names MARK WEST.
- Who are the officers and directors of MACON HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does MACON HOUSING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $310,785, expenses of $252,008 and total assets of $589,717 at year end.
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