Nonprofit · EIN 74-2449502
THISTLE COMMUNITY HOUSING
Tax-exempt · BOULDER, CO 80306
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $6,672,406 | $5,202,278 | $1,470,128 | $47,299,246 | $13,932,041 | $33,367,205 |
| September 30, 2024 | 990 | $3,969,883 | $4,619,614 | -$649,731 | $46,143,693 | $14,246,616 | $31,897,077 |
| September 30, 2023 | 990 | $4,242,640 | $4,550,653 | -$308,013 | $46,112,930 | $13,566,122 | $32,546,808 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $2,341,471
- of which government grants
- $2,326,749
- Program service revenue
- $1,242,461
- Investment income
- $936,782
- Net gain from sales of assets
- -$58,447
- Other revenue
- $2,151,692
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,517,036
- Salaries, compensation and benefits (total)
- $2,181,263
- Professional fundraising fees
- $0
- Depreciation
- $505,680
- Program services (functional)
- $4,540,541
- Management and general (functional)
- $636,387
- Fundraising (functional)
- $25,350
Balance sheet and other
- Total assets, start of year
- $46,143,693
- Total assets, end of year
- $47,299,246
- Total liabilities, end of year
- $13,932,041
- Net assets, end of year
- $33,367,205
- Land, buildings and equipment
- $18,011,733
- Net assets without donor restrictions
- $33,367,205
- Gross receipts
- $6,730,853
- Employees
- 39
- Volunteers
- 11
- Year formed
- 1985
- State of legal domicile
- CO
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul D'Angelo | CEO Officer | 40 | $186,456 |
| Kevin Kroeker | Finance Direct Officer | 40 | $130,500 |
| Christopher Gwiazda | CFO Officer | 40 | $25,042 |
| Andy Kadlec | Secretary/Treas Trustee or director, Officer | 1 | $0 |
| Joe Ballestrasse | Director Trustee or director | 1 | $0 |
| Erik Hall | Director Trustee or director | 1 | $0 |
| Kit Brown | Director Trustee or director | 1 | $0 |
| Leigh Williams | Director Trustee or director | 1 | $0 |
| Breona Byrd | Director Trustee or director | 1 | $0 |
| Megan Bruce | Board Chair Trustee or director, Officer | 1 | $0 |
| Molly Tayer | Vice Chair Trustee or director, Officer | 1 | $0 |
| Ron Tupa | Director Trustee or director | 1 | $0 |
| Johnny Drozdek | Director Trustee or director | 1 | $0 |
| John Reynolds | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul D'Angelo | CEO Officer | 1 | $176,320 |
| Christopher Gwiazda | CFO Officer | 40 | $161,704 |
| Andy Kadlec | Director Trustee or director | 1 | $0 |
| Joe Ballestrasse | Director Trustee or director | 1 | $0 |
| Erik Hall | Director Trustee or director | 40 | $0 |
| Leigh Williams | Board Chairman Trustee or director, Officer | 1 | $0 |
| Breona Byrd | Director Trustee or director | 1 | $0 |
| Megan Bruce | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Molly Tayer | Board Secretary Trustee or director, Officer | 1 | $0 |
| Ron Tupa | Director Trustee or director | 1 | $0 |
| John Reynolds | Director Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Paul D'Angelo | CEO Officer | 40 | $160,417 |
| Christopher Gwiazda | CFO Officer | 40 | $139,892 |
| Joe Ballestrasse | Finance Committ Trustee or director, Officer | 1 | $0 |
| Leigh Wiliiams | Board Chairman Trustee or director, Officer | 1 | $0 |
| Breona Byrd | Director Trustee or director | 1 | $0 |
| Megan Bruce | Vice Chairman Trustee or director, Officer | 1 | $0 |
| Molly Tayer | Board Secretary Trustee or director, Officer | 1 | $0 |
| Ron Tupa | Director Trustee or director | 1 | $0 |
| John Reynolds | Development Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1599, BOULDER, CO 80306-0000
- Signed the 990
- Paul D'Angelo, CEO
- Phone
- (303) 443-0007
- Website
- www.thistle.us
- Return prepared by
- HAYNIE & COMPANY
Mission
The Mission of Thistle Communities is to create and preserve quality, permanently affordable rental and ownership homes for working families, seniors and people with disabilities. Thistles homes allow teachers, health-care workers, and others who are the backbone of our economy to live in the communities they serve.
Program accomplishments
- Thistle Community Housing owns and manages 785 permanently affordable rentals for low income residents including people with disabilities in Boulder County, Colorado.Expenses $2,281,903 · revenue $2,520,499
- Thistles real estate development program develops and renovates rental and ownership properties to provide affordable homes for low to moderate income residents in Boulder County, Colorado.Expenses $2,247,668 · revenue $1,708,332
- Thistles homeownership program provides over 200 permanent affordable ownership homes, home buyer education and home owner support services for low to moderate income persons in Boulder County.Expenses $10,970 · revenue $102,104
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 74-2449502
- 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
- 1987
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $47,299,246
- Income (IRS master file)
- $6,730,853
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $6,672,406 | $5,202,278 | $47,299,246 | XML |
| 990 | September 2024 | $3,969,883 | $4,619,614 | $46,143,693 | XML |
| 990 | September 2023 | $4,242,640 | $4,550,653 | $46,112,930 | XML |
| 990 | September 2022 | $5,604,064 | $6,023,687 | $45,761,609 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 74-2449502).
Questions about THISTLE COMMUNITY HOUSING
- What is the EIN of THISTLE COMMUNITY HOUSING?
- The employer identification number (EIN) of THISTLE COMMUNITY HOUSING is 74-2449502.
- Is THISTLE COMMUNITY HOUSING tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THISTLE COMMUNITY HOUSING tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THISTLE COMMUNITY HOUSING 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 THISTLE COMMUNITY HOUSING due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THISTLE COMMUNITY HOUSING last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who are the officers and directors of THISTLE COMMUNITY HOUSING?
- The 990 for the year ended September 30, 2025 lists 14 people; 3 received compensation from the organization, the highest $186,456 (Paul D'Angelo, CEO).
- How much revenue does THISTLE COMMUNITY HOUSING have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $6,672,406, expenses of $5,202,278 and total assets of $47,299,246 at year end.
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- MAPLETON HOME ASSOCIATION EIN 84-1386759 · last filed 990 for 2025
- HOMEAHEAD EIN 87-3872982 · last filed 990 for 2025
- BOULDER COMMUNITY HOUSING CORPORATION INC EIN 74-2321463 · last filed 990 for 2024
- BOULDER PRESBYTERIAN HOUSING INC EIN 84-0522442 · last filed 990 for 2024
- STREETSCAPE PEER SUPPORT SERVICES AND OUTREACH EIN 93-1432517 · last filed 990-EZ for 2025
- GOLDEN WEST FOUNDATION EIN 74-2442944 · last filed 990 for 2024