Crossroads Housing Development Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
CHDC is a community housing development organization that assists in creating, managing, and developing affordable housing for citizens of Howard County and its continand all areas west of US Hwy 59 in the State of TX and Regions 4, 5, 6, and 11 as reflected in the TDHCA Map of Uniform State Service Regions of TX.
- Income
- $50.7 million
- Spending
- $50.6 million
- Spent on programs
- 100%
- Reserves
- 0.3 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 4
- Volunteers
- 3
- Highest pay
- $304,617, executive director board secretary
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 66 out of 100. Higher than 62% of charities in its peer group (housing, $10m to $100m).
Reserves
4 of 35Spendable reserves would cover 0.3 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 61% on the year before.
Spending floor
15 of 1599% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 32% of charities in its peer group (housing, $10m to $100m).
Independent board
18 of 253 of 4 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.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
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 December 31, 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 (4)
- $80,193 spent. Pryors Projects Program The intent of the program is to buy rundown or abandoned houses within Howard County, renovate them so that the future homeowner has no major renovation expenses for the first five years of ownership, and sell them to low-income families or individuals that intend to live in the houses.
- $50.0 million spent. Low Income Housing Tax Credit Program - general contractor and management of low income housing projects under IRC Section 42 throughout Texas.
- $44,520 spent. Deposit Assistance Management Program. The intent of this program is to assist Big Spring Housing Authority Rental Assistance Voucher clients moving into a new residence by providing eligible applicants assistance partial or complete with lease or utility deposits. Specific guidelines regarding eligibility and income verification are set forth within the management plan.
- Program Service Expenses 149,522, Grants and allocations 120,284, Revenue 0 Other community programs include the Homeownership Down Payment Assistance Program, which provides opportunity of home ownership to families within Howard County and its contiguous counties Raise the Roof program provides roof repairs to low income households in Howard County. Chip In Program provides emergency repairs to low income households in Howard County
Source: Form 990 for the year ending December 31, 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 November 6, 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 December 2024.
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 February 2000.
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 November 4, 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.