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Nonprofit · EIN 99-4258898

TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION

Tax-exempt · GARLAND, TX 75041

Financials

$75K$10K2024$1K$02025
Revenue Expenses · by fiscal year end
Financials of TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990-EZ$1,092$0$1,092$258,300$192,000$66,300
December 31, 2024990-EZ$75,208$10,000$65,208$65,208–$65,208
Financial details: 990-EZ for the year ended July 31, 2025

Revenue

Program service revenue
$1,092

Expenses

Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$65,208
Total assets, end of year
$258,300
Total liabilities, end of year
$192,000
Net assets, end of year
$66,300
Cash, savings and investments
$25,458
Gross receipts
$1,092

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICHARD L BUQUET IIPRESIDENT / CEO10$0
CAMERON JOHNSONCHAIRMAN10$0
JOSH KESTERSONVICE CHAIRMAN10$0
KERRY FRANKLINTREASURER10$0
DAN PENCEDIRECTOR10$0
RICH MASSADIRECTOR10$0
990-EZ for the year ended December 31, 2024: 3 people
NameTitleHours / weekCompensation
Richard L Buquet IIPresident CEO10$0
Cameron JohnsonChairman10$0
Josh KestersonVice Chairman10$0

Address and contacts

Address (IRS master file)
2909 BROADWAY BLVD, GARLAND, TX 75041-3730
In care of
% RICHARD L BUQUET
Signed the 990-EZ
RICHARD L BUQUET II, PRESIDENT / CEO
Phone
(972) 414-6894
Return prepared by
PATTILLO BROWN & HILL LLP

Mission

TO OPERATE AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") CERTIFIED BY THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (THE "CDFI FUND") IN ORDER TO ENGAGE IN MORTGAGE LOAN ORIGINATION, AS A LOAN FUND THAT PROVIDES FINANCING TO AFFORDABLE HOUSING PROVIDERS, AND/OR COMMUNITY SERVICE AND DEVELOPMENT ORGANIZATION, ALL FOR THE PURPOSE OF PROVIDING SERVICES THAT EXPAND HOMEOWNERSHIP OPPORTUNITIES TO UNDERSERVED INDIVIDUALS AND FAMILIES, CONSISTENT WITH THE REQUIREMENTS AND GUIDELINES OF THE CDFI PROGRAM.

990-EZ for the year ended July 31, 2025

Program accomplishments

  • TO OPERATE AS A COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION ("CDFI") CERTIFIED BY THE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTIONS FUND (THE "CDFI FUND") IN ORDER TO ENGAGE IN MORTGAGE LOAN ORIGINATION, AS A LOAN FUND THAT PROVIDES FINANCING TO AFFORDABLE HOUSING PROVIDERS, AND/OR COMMUNITY SERVICE AND DEVELOPMENT ORGANIZATION, ALL FOR THE PURPOSE OF PROVIDING SERVICES THAT EXPAND HOMEOWNERSHIP OPPORTUNITIES TO UNDERSERVED INDIVIDUALS AND FAMILIES, CONSISTENT WITH THE REQUIREMENTS AND GUIDELINES OF THE CDFI PROGRAM.

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990-EZ on file
2023July 31, 2024December 16, 2024Check at the IRS

IRS record

EIN
99-4258898
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
2025
Accounting year ends
July
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$258,300
Income (IRS master file)
$1,092

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZJuly 2025$1,092$0$258,300XML
990-EZDecember 2024$75,208$10,000$65,208XML

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 99-4258898).

Questions about TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION

What is the EIN of TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION?
The employer identification number (EIN) of TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION is 99-4258898.
Is TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended July 2025.
Who are the officers and directors of TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION?
The 990-EZ for the year ended July 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does TEXAS HOMES COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION have?
On its 990-EZ for the year ended July 31, 2025 it reported revenue of $1,092, expenses of $0 and total assets of $258,300 at year end.

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