Civic Intelligence

Beaumont Elderly and Handicapped Housing

EIN 74-1956677 • 501(c)4 • Beaumont, TX

Profile

Hud assisted low income housing

1390 BroadwayBeaumont, TX 77701

none

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

2.63x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

91st percentile

1.71x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2023

Net Margin

30th percentile

-0.6%

Higher net margin than 30% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

20th percentile

-4.8%

Faster asset growth than 20% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

40th percentile

3.6%

Faster revenue growth than 40% of similar nonprofits.

501(c)4 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$0

Down $1,058,874 (-100%) from 2023

Liabilities

Down

$0

Down $2,785,400 (-100%) from 2023

Net Assets

Up

$0

Up $1,726,526 (+100%) from 2023

Revenue

Up

$4,048,597

Up $2,415,126 (+148%) from 2023

Expenses

Up

$1,830,908

Up $186,900 (+11%) from 2023

Net Income

Up

$2,217,689

Up $2,228,226 (+21147%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$2.0M$0-$2.0M-$4.0MAssets 2012: $1,706,470Liabilities 2012: $3,738,267Net Assets 2012: -$2,031,7972012Assets 2013: $1,619,551Liabilities 2013: $3,662,059Net Assets 2013: -$2,042,5082013Assets 2014: $1,485,808Liabilities 2014: $3,628,540Net Assets 2014: -$2,142,7322014Assets 2015: $1,401,309Liabilities 2015: $3,554,534Net Assets 2015: -$2,153,2252015Assets 2016: $1,322,193Liabilities 2016: $3,466,786Net Assets 2016: -$2,144,5932016Assets 2017: $1,319,706Liabilities 2017: $3,375,288Net Assets 2017: -$2,055,5822017Assets 2018: $1,347,879Liabilities 2018: $3,287,557Net Assets 2018: -$1,939,6782018Assets 2019: $1,259,209Liabilities 2019: $3,193,261Net Assets 2019: -$1,934,0522019Assets 2020: $1,151,610Liabilities 2020: $3,076,538Net Assets 2020: -$1,924,9282020Assets 2021: $1,211,957Liabilities 2021: $3,000,616Net Assets 2021: -$1,788,6592021Assets 2022: $1,112,134Liabilities 2022: $2,828,123Net Assets 2022: -$1,715,9892022Assets 2023: $1,058,874Liabilities 2023: $2,785,400Net Assets 2023: -$1,726,5262023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2012: $1,280,513Expenses 2012: $1,256,184Net Income 2012: $24,3292012Revenue 2013: $1,290,405Expenses 2013: $1,301,116Net Income 2013: -$10,7112013Revenue 2014: $1,306,232Expenses 2014: $1,406,456Net Income 2014: -$100,2242014Revenue 2015: $1,331,257Expenses 2015: $1,341,750Net Income 2015: -$10,4932015Revenue 2016: $1,363,741Expenses 2016: $1,355,109Net Income 2016: $8,6322016Revenue 2017: $1,381,666Expenses 2017: $1,292,655Net Income 2017: $89,0112017Revenue 2018: $1,401,729Expenses 2018: $1,285,825Net Income 2018: $115,9042018Revenue 2019: $1,404,220Expenses 2019: $1,398,593Net Income 2019: $5,6272019Revenue 2020: $1,526,677Expenses 2020: $1,517,553Net Income 2020: $9,1242020Revenue 2021: $1,647,121Expenses 2021: $1,510,852Net Income 2021: $136,2692021Revenue 2022: $1,577,010Expenses 2022: $1,504,334Net Income 2022: $72,6762022Revenue 2023: $1,633,471Expenses 2023: $1,644,008Net Income 2023: -$10,5372023Revenue 2024: $4,048,597Expenses 2024: $1,830,908Net Income 2024: $2,217,6892024

Highlighted filing

2024

Revenue$4,048,597
Expenses$1,830,908
Net Income$2,217,689

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Apr 1, 2023 to Jan 11, 2024
Signed
Aug 15, 2024
Return Version
2023v5.1
Gross Receipts
$4,495,915
Mission and Program Overview

Mission

Hud assisted low income housing

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$459,645$0▼ $459,645
Prepaid Expenses and Deferred Charges$247,331$0▼ $247,331
Accounts Receivable$32,171$0▼ $32,171
Cash and Non-Interest-Bearing Accounts$1,690$0▼ $1,690
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,058,874$0▼ $1,058,874
Other Assets Total$318,037$0▼ $318,037
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,659,362$0▼ $2,659,362
Accounts Payable and Accrued Expenses$89,796$0▼ $89,796
Other Liabilities$36,242$0▼ $36,242
Total Liabilities$2,785,400$0▼ $2,785,400
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,726,526$0▲ $1,726,526
Total Net Assets Fund Balance$-1,726,526$0▲ $1,726,526
Total Liabilities and Net Assets / Fund Balance$1,058,874$0▼ $1,058,874

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$263,080$6,277,105$6,540,185
Land$164,532-$164,532
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mary Ann WilliamsBoard Chairman
Douglas ChaseVice Chairman
Johnnie BeattyDirector
Mary Florio SmithDirector
Virginia BeanDirector
Freddie BobbSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,429,896
Investment Income
$2,616,704
Other Revenue
$1,997
Change in Net Assets
$2,217,689

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,048,597
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,048,597
Total Revenue per Form 990
$4,048,597
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,600,519
Salaries, Compensation, and Employee Benefits$230,389
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Insurance$290,810--$290,810
Other Salaries and Wages$190,513--$190,513
Other Expenses$103,336--$103,336
All Other Expenses$94,951--$94,951
Interest$65,606--$65,606
Fees for Services Management$60,750--$60,750
Depreciation Depletion$50,929--$50,929
Other Employee Benefits$25,940--$25,940
Fees for Services Accounting$21,260--$21,260
Office Expenses$19,515--$19,515
Payroll Taxes$13,936--$13,936
Advertising$5,252--$5,252
Conferences and Meetings$2,678--$2,678
Fees for Services Legal$178--$178
Total Functional Expenses$1,830,908$0$0$1,830,908

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,830,908
Total Expenses per Audited Statements$1,830,908
Total Expenses per Form 990$1,830,908
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Organization's process to review form 990 reviewed by director prior to filing. Reviewed and approved by board of directors at subsequent board meeting.

Form 990, Part VI, Section C, Line 19

Governing documents disclosure explanation upon request

Filing and Contact Details

Filer

Filer Name
Beaumont Elderly and Handicapped Housing
EIN
74-1956677
Phone
4098338947
Address
1390 BROADWAY, BEAUMONT, TX 77701

Signing Officer

Name
Mary Ann Williams
Title
Board Chairman
Phone
4098338947
Signed
2024-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Ann Williams
Formed
1977
Legal Domicile
TX
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Eag Affordable Housing LLC
Address
3595 GRANDVIEW PARKWAY STE 500, BIRMINGHAM, AL 35243
Preparer
John a Newkirk
Phone
2058221010
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D

All other accomplishments beaumont elderly & handicapped housing corp operates low income housing: raintree tower apartments. The project has 150 units under housing assistance contract with hud.

FORM 990, PART XI, LINE 9:

DISSOLUTION -491,163.

Form 990, Part XII, Line 2C

There were no changes to the organization's oversight process or selection process during the tax year.

Form 990, Part XI, Line 9

Nonprofit has dissolved and sold its assets to raintree tower apartments, llc.

Raw XML AppendixShowing 400 of 401 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt02217689
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01431893
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0263080
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06277105
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt06540185
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01830908
IRS990ScheduleD/LandGrp/BookValueAmt0164532
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0164532
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04048597
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0427612
IRS990ScheduleD/TotalExpensesPerForm990Amt01830908
IRS990ScheduleD/TotalRevenuePerForm990Amt04048597
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04048597
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01830908
IRS990/ScheduleJRequiredInd00
IRS990ScheduleN/AssetsDistributedInd01
IRS990ScheduleN/AttorneyGeneralNotifiedInd00
IRS990ScheduleN/BondsOutstandingInd00
IRS990ScheduleN/DirectorOfSuccessorInd00
IRS990ScheduleN/EmployeeOfSuccessorInd00
IRS990ScheduleN/LiabilitiesPaidInd00
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0DISSOLUTION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/BusinessName/BusinessNameLine1Txt0RAINTREE TOWER APARTMENTS LLC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02024-01-11
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0933688908
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0491163
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01390 BROADWAY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0BEAUMONT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0TX
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd077701
IRS990ScheduleN/OwnerOfSuccessorInd00
IRS990ScheduleN/ReceiveCompensationInd00
IRS990ScheduleN/RequiredToNotifyAGInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL OTHER ACCOMPLISHMENTS BEAUMONT ELDERLY & HANDICAPPED HOUSING CORP OPERATES LOW INCOME HOUSING: RAINTREE TOWER APARTMENTS. THE PROJECT HAS 150 UNITS UNDER HOUSING ASSISTANCE CONTRACT WITH HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION'S PROCESS TO REVIEW FORM 990 REVIEWED BY DIRECTOR PRIOR TO FILING. REVIEWED AND APPROVED BY BOARD OF DIRECTORS AT SUBSEQUENT BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISSOLUTION -491,163.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE WERE NO CHANGES TO THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NONPROFIT HAS DISSOLVED AND SOLD ITS ASSETS TO RAINTREE TOWER APARTMENTS, LLC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd01
IRS990/TotalAssetsBOYAmt01058874
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt01058874
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01830908
IRS990/TotalFunctionalExpensesGrp/TotalAmt01830908
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02785400
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02785400
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1726526
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01830908
IRS990/TotalProgramServiceRevenueAmt01429896
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt01560
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04047037
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt04048597
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01058874
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01390 BROADWAY
IRS990/USAddress/CityNm0BEAUMONT
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd077701
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0NONE
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MARY ANN WILLIAMS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum04098338947
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BEAUMONT ELDERLY AND HANDICAPPED HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0BEAU
ReturnHeader/Filer/EIN0741956677
ReturnHeader/Filer/PhoneNum04098338947
ReturnHeader/Filer/USAddress/AddressLine1Txt01390 BROADWAY
ReturnHeader/Filer/USAddress/CityNm0BEAUMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd077701
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0991781118
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EAG AFFORDABLE HOUSING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03595 GRANDVIEW PARKWAY STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BIRMINGHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd035243
ReturnHeader/PreparerPersonGrp/PhoneNum02058221010
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN A NEWKIRK
ReturnHeader/ReturnTs02024-08-15T09:13:53-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-04-01
ReturnHeader/TaxPeriodEndDt02024-01-11

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