American Heritage Apartments Inc
QUALITY AFFORDABLE HOUSING. WE OFFER REDUCED RENT TO LOW AND VERY LOW INDIVIDUALS AND FAMILIES. WE DEDICATE 35% OF OUR UNITS TO THIS PURPOSE. WE RECEIVE NO FUNDING FROM OUTSIDE SOURCES TO ASSIST WITH THIS ENDEAVER.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$42.3M
-5.8% YoY
Revenue
$3.9M
+11.0% YoY
Net Investment Income
$523K
-60.9% YoY
Expenses
$5.0M
-2.2% YoY
About American Heritage Apartments Inc
Based on IRS filings
American Heritage Apartments Inc is a nonprofit organization, based in TEXARKANA, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $42.3M in total assets. Net investment income was $523K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $42,288,408 | $44,871,936 | $48,564,137 |
| Revenue | $3,856,248 | $3,472,705 | $4,069,211 |
| Expenses | $5,025,644 | $5,136,466 | $5,577,090 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $523,182 | $1,338,092 | $1,275,666 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LONNY D WEITZEL | VICE PRESIDE | 40 | $422,508 |
| WILLIAM D WEITZEL | PRESIDENT | 40 | $419,799 |
| CHARLENE CARTER | CONTROLLER | 40 | $194,752 |
| KAREN FARRIS | BOOKEEPER | 40 | $112,633 |
| JAMES HENRY FINCHER | BOARD MEMBER | — | $4,200 |
| BRENDON PETERSON | BOARD MEMBER | — | $4,200 |
| CALEB BATISTA | BOARD MEMBER | — | — |
Frequently Asked Questions
How large is American Heritage Apartments Inc?
As of 2024, American Heritage Apartments Inc holds $42.3M in total assets with $3.9M in annual revenue.
Where does American Heritage Apartments Inc operate?
American Heritage Apartments Inc has awarded grants in Arkansas, California, Tennessee.
What is American Heritage Apartments Inc's EIN?
American Heritage Apartments Inc's EIN (Employer Identification Number) is 62-1501638. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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