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Tg 302 Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 742939665 ✦ San antonio, TX ✦ Designated as a 501(c)(3)

Overview

What is Tg 302 Inc?

Tg 302 Inc is a nonprofit organization, incorporated in Texas in 2000, dedicated to providing affordable housing and supporting the economic independence of low-income families and individuals. The organization operates the Harrison Manor Apartments, a 50-unit complex in Harlingen, Texas, under a HUD-funded Section 8 housing assistance program. This program ensures rent is affordable for residents earning less than 30% of the area median income. Additionally, Tg 302 Inc operates an on-site Neighborhood Networks Center, offering various programs and services for residents, such as case management, after-school programs, computer access, financial literacy classes, arts and crafts workshops, and community events. The organization also maintains several tax exemptions, including a 501(c)(3) income tax exemption and property tax exemptions in Cameron County and Texas.


Is Tg 302 Inc legitimate?

Tg 302 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tg 302 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: $75,258

For more financial information, click here


What is the mission statement of Tg 302 Inc?
Who is the CEO of Tg 302 Inc?
What is the revenue of Tg 302 Inc?
Who are the executives of Tg 302 Inc and what are their salaries?
Where can I find the form 990 for Tg 302 Inc?

Mission Statement of Tg 302 Inc

Tg 302 Inc, a charity organization incorporated in Texas, dedicated its mission towards preserving affordable housing for families, fostering a strong resident community, and aiding residents in achieving economic independence. The primary activity of this organization is the management of the Harrison Manor Apartments, a 50-unit complex located in Harlingen, Texas. Tg 302 Inc provides housing assistance payments to families and individuals with incomes less than 30% of the area median income, ensuring that very low-income families can afford their residences. The organization's commitment to its mission extends further, as it works tirelessly to create a supportive and thriving community for its residents, thereby empowering them to improve their economic standing.

Impact

This information is meant to be a general summary of Tg 302 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Tg 302 Inc's impact lies in its dedication to providing low-income housing and essential social and educational services to individuals and families in need. By sustaining the HUD property-based Section 8 HAP contract and maintaining all 50 units for low-income residents, Tg 302 Inc ensures that vulnerable individuals have access to safe and affordable housing. Additionally, the organization operates an on-site HUD certified Neighborhood Networks Center, offering a range of programs and services such as case management, computer access and training, educational opportunities, and community events.

Furthermore, Tg 302 Inc's tax exemptions enable it to allocate more resources towards serving its community, promoting economic independence, and fostering a strong resident community within the Harrison Manor Apartments in San Antonio, TX. Through its mission to preserve affordable housing and empower residents, Tg 302 Inc plays a vital role in addressing housing insecurity and promoting social wellbeing in the region.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $43
  • Program Service Revenue: $570,058
  • Gross Receipts: $1,324,879

    • Assets and Liabilities:
  • Total Assets: $1,666,546
  • Total Liabilities: $570,406
  • Net Assets: $1,096,140
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TENANT ASSISTANCE PAYM

    Revenue

    $463,447

    TENANT RENTAL INCOME

    Revenue

    $106,611

    Organization Details

    Founding Year

    2000

    Principal Officer

    Jaclyn S Woodring

    Main Address

    3419 NACOGDOCHES ROAD, SAN ANTONIO, TX, 78217

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Tg 302 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.