Texas State Affordable Housing Corporation
Texas State Affordable Housing Corporation reported $101.5 million in revenue and $108.9 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $99.15 went to program services, $0.58 to management and general costs and $0.27 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 87.2% of the total. The highest compensation it reported for one person was $320,491 (PRESIDENT). 14 people received more than $100,000 in reportable compensation. Revenue rose 118% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $109MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending August 31, 2025 · Form 990, Part VIII · total revenue $101MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 99.1% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.6% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.3% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.17 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.8% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.4% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 87.2% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $320,491 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.29% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 14 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 35.4 | 10.0 |
| Independent voting board members Part VI 1a–1b | 5 of 5 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSingle family programs provides 30-year fixed rate mortgage loans to eligible first-time homebuyers in texas; provides down payment assistance to home buyers; provides short and long-term financing for the construction or improvement of single family housing in texas; provides grants for the construction or improvement of single family housing in texas; provides homebuyer education to borrowers
Texas Housing impact fund (impact fund)/formerly affordable communities of texas (act) - the impact fund offers short and long-term financing for the development, acquisition, or rehabilitation of affordable rental or homeownership developments across texas creating opportunity, healthier environments and a higher quality of life for low- and moderate-income families
Asset management the corporation's single family and multifamily rental program provides Affordable Housing at below-market rents to income-eligible families and individuals in the austin area; the corporation also performs asset oversight and compliance monitoring for multifamily and single family bond financed properties located throughout texas
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT Officer, 40.00 hrs/week | $294,144 | $0 | $26,347 | $320,491 |
| CHIEF FINANCIAL OFFICER Officer, 40.00 hrs/week | $226,920 | $0 | $20,409 | $247,329 |
| SR. DIRECTOR SINGLE FAMILY HOMEOWNERSHIP PROGRAMS Key employee, 40.00 hrs/week | $212,813 | $0 | $22,481 | $235,294 |
| CONTROLLER Highest compensated employee, 40.00 hrs/week | $196,787 | $0 | $36,160 | $232,947 |
| EXECUTIVE VICE PRESIDENT Officer, 40.00 hrs/week | $220,000 | $0 | $8,800 | $228,800 |
| SR. DIRECTOR DEVELOPMENT FINANCE Key employee, 40.00 hrs/week | $165,378 | $0 | $47,960 | $213,338 |
| SR DIRECTOR, COMMUNICATIONS & DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $156,625 | $0 | $34,554 | $191,179 |
| DIRECTOR, ASSET OVERSIGHT & COMPLIANCE Highest compensated employee, 40.00 hrs/week | $127,084 | $0 | $30,894 | $157,978 |
14 people received more than $100,000 in reportable compensation from Texas State Affordable Housing Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b5 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 532
Private foundation grants it received
3 private foundations reported grants to Texas State Affordable Housing Corporation totaling $15,019 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Texas State Affordable Housing Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Texas State Affordable Housing Corporation, you can publish a response that is linked from this page.
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Of every $100 Texas State Affordable Housing Corporation spent in FY2025, $99.15 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- National Campus and Community Development CorporationAustin, TX · revenue $96M · programs 99.7% · FY2025
- Bridge Housing CorporationSan Francisco, CA · revenue $102M · programs 81.1% · 2024
- Community Housing Partners CorporationChristiansburg, VA · revenue $96M · programs 84.3% · 2025
- Brooksby VillagePeabody, MA · revenue $103M · programs 86.0% · 2024
- LA Family Housing CorporationNorth Hollywood, CA · revenue $96M · programs 81.0% · 2024
All housing & shelter charities · Largest charities in Texas
Questions people ask
How much of Texas State Affordable Housing Corporation's spending goes to programs?
In the fiscal year ending August 31, 2025, Texas State Affordable Housing Corporation reported that 99.1% of its $108.9 million in expenses went to program services, 0.6% to management and general and 0.3% to fundraising (Form 990, Part IX).
How much does Texas State Affordable Housing Corporation pay its top executive?
The largest total compensation Texas State Affordable Housing Corporation reported for one person in the fiscal year ending August 31, 2025 was $320,491, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Texas State Affordable Housing Corporation get its money?
Of $101.5 million in revenue in the fiscal year ending August 31, 2025, 1.8% came from contributions and grants (including 1.4% from government grants) and 87.2% from program service revenue (Form 990, Part VIII).
Is Texas State Affordable Housing Corporation a registered charity?
The IRS lists EIN 74-2746185 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending August 31, 2025, object 202611969349301806 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202511959349301351 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202431979349301103 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202311989349300916 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202211959349302456 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202101959349300120 · read the filing
All filings for EIN 74-2746185: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.