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Nonprofit · EIN 58-2298246

SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION

Tax-exempt (reinstated) · COLLEGE PARK, GA 30337

Financials

$126K$279K2023$298K$305K2024
Revenue Expenses · by fiscal year end
Financials of SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$297,850$304,650-$6,800$790,143$8,450$781,693
June 30, 2024990$125,552$278,691-$153,139$795,078$6,585$788,493
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$102,643
Investment income
$185,938
Other revenue
$9,269

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$58,801
Salaries, compensation and benefits (total)
$65,554
Professional fundraising fees
$0
Legal fees
-$113
Accounting fees
$1,806
Depreciation
$125,002
Program services (functional)
$237,979
Management and general (functional)
$66,671

Balance sheet and other

Total assets, start of year
$795,078
Total assets, end of year
$790,143
Total liabilities, end of year
$8,450
Net assets, end of year
$781,693
Land, buildings and equipment
$555,573
Net assets without donor restrictions
$781,693
Gross receipts
$297,850
Employees
0
Volunteers
0
Year formed
2011
State of legal domicile
GA

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 / weekCompensationFrom related orgsOther / benefits
CHELSEA WALKEREXECUTIVE DIRECTOR
Officer
1$0$161,890$37,258
RALPH HODGINSCHAIRMAN
Trustee or director, Officer
1$0$0$0
ALTHEA MORRISVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
DAVID WHITEDIRECTOR
Trustee or director
1$0$0$0
KATHLEEN MCQUEENDIRECTOR
Trustee or director
1$0$0$0
STACIE WALKERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHELSEA WALKEREXECUTIVE DIRECTOR
Officer
1$0$119,807$47,892
RALPH HODGINSCHAIRMAN
Trustee or director, Officer
1$0$0$0
ALTHEA MORRISVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
DAVID WHITEDIRECTOR
Trustee or director
1$0$0$0
KATHLEEN MCQUEENDIRECTOR
Trustee or director
1$0$0$0
STACIE WALKERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
2000 PRINCETON AVE, COLLEGE PARK, GA 30337-2412
In care of
% MARGARET S STRICKLAND SEC TREAS
Principal officer (990 for 2024)
DR RILEY R SWANSON, 2000 PRINCETON AVE, COLLEGE PARK, GA 30337
Signed the 990
CHELSEA WALKER, EXECUTIVE DIRECTOR
Phone
(877) 829-5500
Return prepared by
SMITH MARION & CO

Mission

THE CORPORATION TO PROVIDE SAFE, DECENT, SANITARY, AFFORDABLE HOUSING TO VERY LOW, LOW, AND MODERATE INCOME RESIDENTS INCLUDING FAMILIES, ELDERLY, DISABLED, AND HANDICAPPED PERSONS AND TO PROVIDE REDEVELOPMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CORPORATION TO PROVIDE SAFE, DECENT, SANITARY, AFFORDABLE HOUSING TO VERY LOW, LOW, AND MODERATE INCOME RESIDENTS INCLUDING FAMILIES, ELDERLY, DISABLED, AND HANDICAPPED PERSONS AND TO PROVIDE REDEVELOPMENT.
    Expenses $237,979 · revenue $102,643

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

IRS record

EIN
58-2298246
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
2020
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$790,143
Income (IRS master file)
$297,850

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$297,850$304,650$790,143IRS
990June 2024$125,552$278,691$795,078XML
990June 2023$146,359$302,022$951,238IRS
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––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 58-2298246).

Questions about SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION

What is the EIN of SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION?
The employer identification number (EIN) of SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION is 58-2298246.
Is SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SOUTH FULTON AFFORDABLE 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 SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION 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 SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION 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 SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 names DR RILEY R SWANSON.
Who are the officers and directors of SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does SOUTH FULTON AFFORDABLE HOUSING DEVELOPMENT CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $297,850, expenses of $304,650 and total assets of $790,143 at year end.

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