Overview
What is Tg 106 Inc?
Tg 106 Inc, a nonprofit organization established in Texas, primarily focuses on providing low-income housing and related social and educational services. They have a mission to preserve the West Avenue Apartments as affordable housing for families and promote self-sufficiency among residents. The organization successfully maintained a Property Based Section 8 Housing Assistance Payment (HAP) contract with the U.S. Department of Housing and Urban Development (HUD), making 43 units available for families and individuals with low incomes. Compliance with regulations from HUD, the Texas Department of Housing and Community Affairs (TDHCA), and the City of San Antonio Department of Housing and Neighborhood Services (COSA) was ensured. The organization also operated an on-site community learning center, providing various programs, activities, and services for youth and adult residents, such as case management, computer access, adult learning opportunities, and after-school programs. In February 2022, the apartments were sold to The Arbors at West Avenue, LP for rehabilitation and reconstruction under a Low-Income Housing Tax Credit program. The organization continued to support housing and community services through contributions to Prospera Housing Community Services (PHCS).
Is Tg 106 Inc legitimate?
Tg 106 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tg 106 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,860
For more financial information, click here
What is the mission statement of Tg 106 Inc?
Tg 106 Inc, established as a nonprofit corporation in Texas, has a mission to preserve West Avenue Apartments as affordable housing for low-income families and individuals. The organization aims to foster a strong community and promote self-sufficiency among its residents. Initially, the primary activity of Tg 106 Inc was the ownership and operation of the West Avenue Apartments, a 150-unit complex, providing housing assistance for families and individuals making 80% or less of the area median income. The organization also managed a U.S. Department of Housing and Urban Development (HUD) Property-Based Section 8 Housing Assistance Payment (HAP) rental assistance contract for 43 units, offering housing solutions to families and individuals with incomes lower than 30% of the area median income.
Who is the CEO of Tg 106 Inc?
Jacklyn S Woodring is the Outgoing Chair of Tg 106 Inc.
What is the revenue of Tg 106 Inc?
Tg 106 Inc's revenue in 2022 was $3,363,943.
Who are the executives of Tg 106 Inc and what are their salaries?
- Jaclyn S Woodring (Executive Director)
- James Butcher (Mgt Agent Svpfa)
- Gilbert M Piette (Outgoing Executive Director)
- Antia Remerowski (Outgoing Chair) [Trustee/Director]
- Dadiri Jama (Vice Chair) [Trustee/Director]
- Darrell Dening (Secretary) [Trustee/Director]
- Nancy Hard (Treasurer) [Trustee/Director]
- Patrica Casey (Director)
- Perry Decard (Outgoing Alternative Director)
- Zulema Rodriguez (Asst Secretary) [Trustee/Director]
Where can I find the form 990 for Tg 106 Inc?
The Tg 106 Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Tg 106 Inc
Tg 106 Inc, established as a nonprofit corporation in Texas in 1994, is dedicated to preserving affordable housing and fostering a strong community. The organization's primary mission is to maintain West Avenue Apartments, a 150-unit complex, as assisted housing for low-income families and individuals. By providing housing for families making 80% or less of the area median income, Tg 106 Inc aims to promote self-sufficiency among its residents. The organization also held a contract with the U.S. Department of Housing and Urban Development (HUD) for Property-Based Section 8 Housing Assistance Payment (HAP) Rent Assistance, making affordable units available to families with incomes below 30% of the area median income. In this capacity, Tg 106 Inc plays a crucial role in ensuring that low-income families can secure safe and affordable housing.
Impact
This information is meant to be a general summary of Tg 106 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Tg 106 Inc's impact lies in its provision of low-income housing and social services to residents in need. By sustaining the HUD property-based Section 8 HAP contract, the organization has ensured that 43 units are available for low-income families and individuals, contributing to housing stability in the community. Additionally, Tg 106 Inc operates a community learning center that offers various programs and services, promoting self-sufficiency among its residents. Through such initiatives, the organization plays a crucial role in supporting vulnerable populations and fostering a sense of community and empowerment.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTAL INCOME
Revenue
$139,236
PROGRAM RELATED INVESTMENT INCOME
Revenue
$70,988
TENANT ASSISTANCE PAYMENTS
Revenue
$54,915
Organization Details
Founding Year
1994
Phone
(210) 821-4300
Principal Officer
Jacklyn S Woodring
Main Address
3419 NACOGDOCHES ROAD, SAN ANTONIO, TX, 78217
NTEE Category
Code: L200 - Housing
If you are a representative of Tg 106 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.