Nonprofit · EIN 85-0707066
HOUSING STABILIZATION INITIATIVE
Tax-exempt · ATLANTA, GA 30313
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $24,470 | $32,184 | -$7,714 | $0 | – | -$57,011 |
| December 31, 2023 | 990-EZ | $23,470 | $53,856 | -$30,386 | $0 | – | -$49,297 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,470
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $795
- Occupancy
- $4,320
- Other expenses
- $27,069
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- -$57,011
- Gross receipts
- $24,470
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALARIC CRAIG | PRESIDENT | 15 | $0 |
| BOB BOLDON | VICE PRESIDENT | 15 | $0 |
| BETHEL KETEMA | EXECUTIVE DIRECTOR; BOARD MEMBER | 15 | $0 |
| IAN BOLDON | BOARD MEMBER | 15 | $0 |
| JILL MITCHELL | BOARD MEMBER | 15 | $0 |
990-EZ for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALARIC CRAIG | PRESIDENT | 15 | $0 |
| BOB BOLDON | VICE PRESIDENT | 15 | $0 |
| BETHEL KETEMA | EXECUTIVE DIRECTOR; BOARD MEMBER | 15 | $0 |
| IAN BOLDON | BOARD MEMBER | 15 | $0 |
| JILL MITCHELL | BOARD MEMBER | 15 | $0 |
Address and contacts
- Address (IRS master file)
- 158 CENTENNIAL WAY NW, ATLANTA, GA 30313-2406
- In care of
- % MS BETHEL KETEMA
- Signed the 990-EZ
- BETHEL KETEMA, EXECUTIVE DIRECTOR
- Phone
- (404) 421-8241
- Website
- www.housingstabilization.org
- Return prepared by
- Marlon Bevaun CPA
Mission
TO BE THE INDUSTRY LEADER IN COMMUNITY STABILIZATION AND SOCIOECONOMIC DEVELOPMENT IN RHODE ISLAND VIA MIXED INCOME AND MIXED-USE ASSET REVITALIZATION, STABILIZATION, AND HUMAN DEVELOPMENT.
Program accomplishments
- NONE FOR 2024
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 85-0707066
- 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
- 2020
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $57,011
- Income (IRS master file)
- $24,470
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $24,470 | $32,184 | $0 | XML |
| 990-EZ | December 2023 | $23,470 | $53,856 | $0 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 85-0707066).
Questions about HOUSING STABILIZATION INITIATIVE
- What is the EIN of HOUSING STABILIZATION INITIATIVE?
- The employer identification number (EIN) of HOUSING STABILIZATION INITIATIVE is 85-0707066.
- Is HOUSING STABILIZATION INITIATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
- Are donations to HOUSING STABILIZATION INITIATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HOUSING STABILIZATION INITIATIVE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of HOUSING STABILIZATION INITIATIVE 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 HOUSING STABILIZATION INITIATIVE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of HOUSING STABILIZATION INITIATIVE?
- The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does HOUSING STABILIZATION INITIATIVE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $24,470, expenses of $32,184 and total assets of $0 at year end.
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