Brazos Valley Affordable Housing Corporation

EIN: 742632778 501(c)(3) Community Improvement

Bryan, TX

Total Revenue
$844,263
Total Expenses
$510,574
Total Assets
$18,547,025
Net Assets
$12,649,607
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
TX
Principal Officer
Paul Turney
Phone
9795952800
Tax Period
2023-10-01 to 2024-09-30

Brazos Valley Affordable Housing Corporation, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $844K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $334K, a strong 40% operating margin.

Mission

To provide quality services and products to the residents and businesses of our community in such a way as to maximize the affordability of safe and decent housing, especially for the low income; and to serve as a vehicle and assist in any way possible, through networking and/or forming of partnerships with other non-profits, for-profits, and governmental entities, for the purpose of encouraging community development, economic growth, and general improvement to the standard of living for all the residents of the areas served by the brazos valley affordable housing corporation.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $58,915
Program Service Revenue $255,943
Investment Income $60,408
Other Revenue $468,997
TOTAL REVENUE $844,263

Expense Breakdown

Grants Paid $0
Salaries & Benefits $194,066
Fundraising Expenses $0
Program Expenses $257,063
Other Expenses $316,508
TOTAL EXPENSES $510,574

Year-over-Year Comparison

2023 2022 Change
Revenue $844,263 $989,189 -0.1%
Expenses $510,574 $332,808 +0.5%
Net Income $333,689 $656,381 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
7
Volunteers
6

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$91,423
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul Turney President 40.00
Officer
$91,423 $0 $91,423
Jack Buckley Vice Chair 0.00
Officer Director
$0 $0 $0
Aaron Flencher Board Chair 0.00
Officer Director
$0 $0 $0
Lidia Castenada Member 0.00
Director
$0 $0 $0
Donald Burback Secretary 0.00
Officer Director
$0 $0 $0
Nester Leamon Member 0.00
Director
$0 $0 $0
John Brieden Member 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $844,263 $510,574 $18,547,025 $333,689
2023 $989,189 $332,808 $18,592,170 $656,381
2022 $583,660 $321,372 $17,075,337 $262,288
2021 $1,108,561 $521,590 $17,573,039 $586,971
2020 $1,504,000 $258,190 $22,121,458 $1,245,810
2019 $2,075,427 $648,946 $20,877,135 $1,426,481
2018 $1,649,219 $542,115 $18,290,776 $1,107,104
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