Denton Affordable Housing Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING IN THE DENTON AREA THROUGH ACQUISITION, RENOVATION, CONSTRUCTION, PROMOTION, FINANCING, DEVELOPMENT, MANAGEMENT AND OPERATION OF BOTH RENTAL HOUSING AND HOMES OFFERED TO FIRST-TIME HOMEBUYERS. PRIMARY POPULATIONS TARGETED ARE FIRST-TIME HOMEBUYERS, PERSONS WITH DISABILITIES, LOW-MODERATE INCOME FAMILIES AND HOMELESS FAMILIES WITH CHILDREN. DAHC IS CERTIFIED AS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION.
- Income
- $1.3 million
- Spending
- $1.1 million
- Spent on programs
- 80%
- Reserves
- -29.2 months of spending
- Largest source of income
- fees for its services, 71%
- Employees
- 4
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 37% of charities in its peer group (housing, $1m to $10m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 66% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 19% on the year before.
Spending floor
15 of 1580% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 70% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $906,512 spent. PROPERTY MANAGEMENT: PROVIDED PROPERTY MANAGEMENT SERVICES FOR THE VARIOUS AFFORDABLE RESIDENTIAL RENTAL PROPERTIES IN DAHC'S PORTFOLIO. THESE UNITS ARE LEASED PRIMARILY TO VERY LOW INCOME SPECIAL NEEDS TENANTS INCLUDING PERSONS WITH DISABILITIES AND HOMELESS FAMILIES WITH CHILDREN. SUPPORTIVE SERVICES FOR THESE TENANTS ARE ARRANGED THROUGH VARIOUS NON-PROFIT ORGANIZATIONS.
Source: Form 990 for the year ending September 30, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 1993.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.