Public Charity

Thistle Community Housing

Thistle Community Housing is a Public Charity headquartered in Boulder, CO. Financial data from the 2025 filing: $6.7M revenue, $5.2M expenses, $47.3M total assets. 17 publicly reported grants to this organization, totaling roughly $3.5M, appear in IRS filings.

EIN: 742449502 Boulder, CO Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$6.7M
Total Expenses$5.2M
Total Assets$47.3M
Grant Records17
Funding Total$3.5M
Filing Years2021–2025

Mission

The Mission of Thistle Communities is to create and preserve quality, permanently affordable rental and ownership homes for working families, seniors and people with disabilities. Thistles homes allow teachers, health-care workers, and others who are the backbone of our economy to live in the communities they serve.

Where $100 goes at Thistle Community Housing

How Thistle Community Housing divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$81 Programs the work itself
$19 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $81 for programs

$41
Thistle Community Housing owns and manages 785 permanently affordable rentals for low income residents including people with disabilities in Boulder County, Colorado
50% of program spending
$40
Thistles real estate development program develops and renovates rental and ownership properties to provide affordable homes for low to moderate income residents in Boulder County, Colorado
50% of program spending
<$1
Thistles homeownership program provides over 200 permanent affordable ownership homes, home buyer education and home owner support services for low to moderate income persons in Boulder County
0% of program spending · Reported in the filing: 200 homes
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Secretary/Treas Andy Kadlec
Director Breona Byrd
CFO Christopher Gwiazda
Director Erik Hall
Director Joe Ballestrasse
Director Johnny Drozdek

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$3,010,538 10 grants
Training & Professional Development
$47,006 3 grants
Unspecified
$464,909 4 grants

Financial Trends

Year Revenue Expenses Assets
2025 $6.7M $5.2M $47.3M
2024 $4.0M $4.6M $46.1M
2023 $4.2M $4.6M $46.1M
2022 $5.6M $6.0M $45.8M
2021 $7.1M $3.9M $53.8M

Between 2021 and 2025, reported annual revenue declined from $7.1M to $6.7M (-6%), with total assets most recently reported at $47.3M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Thistle Community Housing

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