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Nonprofit · EIN 77-0360031

BRACHER HDC INC

Tax-exempt · SAN JOSE, CA 95110

Financials

$37K$323K2023$37K$348K2024
Revenue Expenses · by fiscal year end
Financials of BRACHER HDC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$36,806$347,696-$310,890$291,082$2,169,754-$1,878,672
December 31, 2023990$36,608$322,601-$285,993$265,443$1,833,225-$1,567,782
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$36,806
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$11,900
Program services (functional)
$334,808
Management and general (functional)
$12,888

Balance sheet and other

Total assets, start of year
$265,443
Total assets, end of year
$291,082
Total liabilities, end of year
$2,169,754
Net assets, end of year
-$1,878,672
Net assets without donor restrictions
-$1,878,672
Gross receipts
$36,806
Employees
0
Volunteers
0
Year formed
1993
State of legal domicile
CA

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 / weekCompensationFrom related orgsOther / benefits
PRESTON PRINCEPRESIDENT
Trustee or director, Officer
1$0$438,106$69,198
FLAHERTY WARDVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$288,251$39,072
RUSSELL BRUNSONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0$291,123$17,712
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALELI SANGALANGVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$465,270$27,877
PRESTON PRINCEPRESIDENT
Trustee or director, Officer
1$0$415,956$66,209
FLAHERTY WARDVICE PRESIDENT/TREASURER
Trustee or director, Officer
1$0$262,017$37,901
RUSSELL BRUNSONVICE PRESIDENT/SECRETARY
Trustee or director, Officer
1$0$280,329$16,541

Address and contacts

Address (IRS master file)
505 W JULIAN ST, SAN JOSE, CA 95110-2338
Principal officer (990 for 2024)
PRESTON PRINCE, 505 WEST JULIAN STREET, SAN JOSE, CA 95110
Signed the 990
PRESTON PRINCE, PRESIDENT
Phone
(408) 275-8770
Return prepared by
LINDQUIST VON HUSEN & JOYCE LLP

California records

California keeps its own records of charities and corporations. Search them by EIN 77-0360031 or by the name BRACHER HDC INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

TO FACILITATE THE DEVELOPMENT OF AFFORDABLE HOUSING.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CORPORATION OPERATES HOUSING AND PROVIDES RELATED SERVICES TO LOW AND MODERATE INCOME PERSONS. THE CORPORATION IS ALSO A GENERAL PARTNER IN LIMITED PARTNERSHIPS, WHICH OWN AND OPERATE LOW INCOME HOUSING PROJECTS.
    Expenses $334,808 · revenue $36,806

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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
77-0360031
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1995
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$291,082
Income (IRS master file)
$36,806

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$36,806$347,696$291,082XML
990December 2023$36,608$322,601$265,443XML
990December 2022$36,416$161,896$238,133IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 77-0360031).

Questions about BRACHER HDC INC

What is the EIN of BRACHER HDC INC?
The employer identification number (EIN) of BRACHER HDC INC is 77-0360031.
Is BRACHER HDC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to BRACHER HDC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BRACHER HDC INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BRACHER HDC INC 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 BRACHER HDC INC 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 BRACHER HDC INC?
The 990 for the year ended December 31, 2024 names PRESTON PRINCE.
Who are the officers and directors of BRACHER HDC INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does BRACHER HDC INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $36,806, expenses of $347,696 and total assets of $291,082 at year end.

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