Totals
- Total revenue
- $1,032,808
- Total expenses
- $1,500,109
- Contributions and grants received
- $1,000
- Grants paid
- $1,000
- Program service revenue
- $971,025
- Investment income
- $1,344
- Other revenue
- $59,439
- Total assets, end of year
- $22,611,272
- Total liabilities, end of year
- $5,342,300
- Net assets or fund balances, end of year
- $17,268,972
- Program services expenses (Part IX)
- $1,326,330
- Management and general expenses
- $173,779
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,326,330
Program services were 88.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,000
-
2a · Program service revenue: TENANT RENTAL INCOME
total $723,714 · related or exempt $723,714
-
2b · Program service revenue: CONTRACT SERVICE
total $185,927 · related or exempt $29,145 · unrelated business $156,782
-
2c · Program service revenue: PROGRAM RELATED INVEST
total $61,384 · related or exempt $61,384
-
3 · Investment income
total $1,344 · excluded $1,344
-
9a · Gaming: gross income
$369,335
-
9b · Gaming: direct expenses
$374,618
-
9c · Net income from gaming
total -$5,283 · unrelated business -$5,283
-
11a · Other revenue: TENANT CHARGES
total $61,321 · related or exempt $61,321
-
11b · Other revenue: PY EXPENSE RECOVERY
total $2,585 · related or exempt $2,585
-
11c · Other revenue: LAUNDRY & VENDING REVE
total $816 · related or exempt $816
-
11e · Other revenue, total
$64,722
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,000 · program services $1,000
-
5 · Compensation of officers, directors and key employees
total $26,050 · program services $26,050
-
7 · Other salaries and wages
total $74,688 · program services $69,063 · management and general $5,625
-
9 · Other employee benefits
total $13,283 · program services $13,283
-
10 · Payroll taxes
total $8,040 · program services $8,040
-
11a · Fees: management
total $45,754 · program services $45,754
-
11b · Fees: legal
total $13,806 · program services $3,258 · management and general $10,548
-
11c · Fees: accounting
total $56,270 · program services $51,058 · management and general $5,212
-
11g · Fees: other
total $109,842 · program services $105,520 · management and general $4,322
-
12 · Advertising and promotion
total $1,113 · management and general $1,113
-
13 · Office expenses
total $39,315 · management and general $39,315
-
16 · Occupancy
total $427,180 · program services $427,180
-
19 · Conferences, conventions and meetings
total $4,005 · management and general $4,005
-
22 · Depreciation, depletion and amortization
total $461,145 · program services $461,145
-
23 · Insurance
total $19,536 · management and general $19,536
-
24a · Other expenses: CONTRACTS MAINTENANCE
total $73,355 · program services $73,355
-
24b · Other expenses: FED INC TAX
total $62,064 · management and general $62,064
-
24c · Other expenses: ADMINISTRATIVE
total $23,777 · program services $1,738 · management and general $22,039
-
24d · Other expenses: BAD DEBT
total $15,733 · program services $15,733
-
24e · All other expenses
total $24,153 · program services $24,153
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $967,411 · end of year $1,059,841
-
2 · Savings and temporary cash investments
beginning of year $29,147 · end of year $29,637
-
4 · Accounts receivable
beginning of year $134,267 · end of year $186,367
-
9 · Prepaid expenses and deferred charges
beginning of year $52,382 · end of year $134,283
-
10a · Land, buildings and equipment: cost or other basis
$15,418,789
-
10b · Land, buildings and equipment: accumulated depreciation
$864,327
-
10c · Land, buildings and equipment, net
beginning of year $14,436,047 · end of year $14,554,462
-
13 · Investments: program-related
beginning of year $6,041,790 · end of year $6,138,752
-
15 · Other assets
beginning of year $110,856 · end of year $507,930
-
17 · Accounts payable and accrued expenses
beginning of year $472,511 · end of year $265,813
-
19 · Deferred revenue
beginning of year $1,423 · end of year $1,948
-
21 · Escrow or custodial account liability
beginning of year $26,647 · end of year $27,487
-
23 · Secured mortgages and notes payable
beginning of year $3,368,796 · end of year $4,862,546
-
25 · Other liabilities
beginning of year $166,250 · end of year $184,506
-
27 · Net assets without donor restrictions
beginning of year $17,736,273 · end of year $17,268,972
Mission and programs · 2023
Mission
SEE SCHEDULE O
Activities or mission (Part I)
AS A CHARITY, PROVIDES LOW-INCOME HOUSING AND RESIDENT SOCIAL AND EDUCATIONAL SERVICES.
-
THE FOLLOWING TAX EXEMPTIONS CONTINUED TO BE RECEIVED: INTERNAL REVENUE SERVICE 501(C)(3) INCOME TAX EXEMPTION. NUECES COUNTY, TEXAS, APPRAISAL DISTRICT PROPERTY TAX EXEMPTIONS. TATE OF TEXAS FRANCHISE TAX EXEMPTION. STATE OF TEXAS SALES TAX EXEMPTION.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 VILLAGE AT GREENWOOD GP, LLC THAT PURCHASED LAND TO CONSTRUCT, OWN, AND OPERATE THE 69-UNIT VILLAGE AT GREENWOOD APARTMENTS. THE PROJECT COMPLETED CONSTRUCTION IN 2022. A TEXAS GENERAL OFFICE CONSTRUCTION GRANT PROVIDED THE PRIMARY CONSTRUCTION FUNDING.TAX CREDIT ENTITIES:THE ORGANIZATION FORMED ENTITIES TO ACQUIRE, DEVELOP, CONSTRUCT, AND OPERATE LOW-INCOME MULTIFAMILY PROPERTIES IN CORPUS CHRISTI, TEXAS USING TAX CREDITS. THE ORGANIZATION THROUGH SINGLE MEMBER LIMITED LIABILITY COMPANIES AND LIMITED PARTNERSHIPS MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF HUD AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 LEXINGTON GP, LLC, WHICH IS THE GENERAL PARTNER IN THE 110 LEXINGTON, LP THAT OWNS AND OPERATES THE 153- UNIT LEXINGTON MANOR APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF THE PALMS AT LEOPARD GP, LLC, WHICH IS THE GENERAL PARTNER IN THE PALMS AT LEOPARD, LTD. THAT OWNS AND OPERATES THE 120-UNIT PALMS AT LEOPARD APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF WCA GP, LLC, WHICH IS THE GENERAL PARTNER IN WCA, LP THAT OWNS AND OPERATES THE 94-UNIT WOODLAND CREEK APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 GLENOAK LP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 GLENOAK, LP THAT OWNS AND OPERATES THE 68-UNIT GLENOAK APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF PROSPERAHCS CALALLEN GP, LLC, WHICH IS THE GENERAL PARTNER IN PROSPERAHCS CALALLEN, LP THAT OWNS AND OPERATES THE 96-UNIT CALALLEN APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 SAMUEL PLACE GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 SAMUEL PLACE, LP THAT OWNS AND OPERATES THE 60-UNIT SAMUEL PLACE APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 VILLAGE AT HENDERSON GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 VILLAGE AT HENDERSON, LP THAT OWNS AND OPERATES THE 88-UNIT VILLAGE AT HENDERSON APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 CASA DE MANANA GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 CASA DE MAN ANA, LP THAT OWNS AND OPERA TES THE 99-UNIT CASA DE MAN ANA APARTMENTS.THE ORGANIZATION CONTINUED AS MEMBER OF TG 110 VILLAGE AT MCARDLE GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 VILLAGE AT MCARDLE, LP THAT PURCHASED LAND TO CONSTRUCT, OWN, AND OPERATE THE 82-UNIT VILLAGE AT MCARDLE APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 PALMS AT BLUCHER PARK GP, LLC, WHICH IS THE GENERAL PAR1NERINTG 110 PALMS AT BLUCHER PARK, LP THAT PURCHASED LAND TO CONSTRUCT, OWN, AND OPERATE THE 72-UNIT PALMS AT BLUCHER PARK APARTMENTS. THE PROJECT IS CURRENTLY UNDER CONSTRUCTION.
Expenses $1,326,330 · Grants $1,000 · Revenue $878,965
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Cindy BostonCINDY BOSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.2 related
-
Debra SmithDEBRA SMITH
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1 + 0.2 related
-
Everett RoyEVERETT ROY
CHAIR (OUTGOING)
- Total calculated
- $0
- Hours/week
- 0.1 + 0.2 related
-
Guadalupe FeregrinoGUADALUPE FEREGRINO
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1 + 0.1 related
-
Jeanette CoatsJEANETTE COATS
ASST SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
Lamont TaylorLAMONT TAYLOR
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.1 + 0.2 related
-
Jaclyn S WoodringJACLYN S WOODRING
EXECUTIVE DIRECTOR
- Total calculated
- $317,976
- From this org
- $24,000
- From related orgs
- $273,100
- Other
- $20,876
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $24,000 + $226,000 related
- Bonus
- $0 + $37,100 related
- Other
- $0 + $10,000 related
- Deferred
- $0
- Nontaxable benefits
- $2,050 + $18,826 related
- Filer's total
- $26,050 + $291,926 related
-
James ButcherJAMES BUTCHER
MANAGEMENT AGENT SVPFA
- Total calculated
- $204,819
- From this org
- $0
- From related orgs
- $198,090
- Other
- $6,729
- Hours/week
- 0.1 + 39.9 related
Schedule J breakdown matched by us
- Base
- $0 + $172,443 related
- Bonus
- $0 + $25,647 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $6,729 related
- Filer's total
- $0 + $204,819 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- HOUSING AND COMMUNITY SERVICES, INC. (HCS) IS A RELATED 501(C)(3) TAX EXEMPT ORGANIZATION THAT PROVIDES OVERSIGHT SERVICES AND RESIDENT SERVICES COORDINATION TO THE ORGANIZATION. HCS MAINTAINS CONTROL OF THE ORGANIZATION BY ITS POWER TO APPOINT THE MAJORITY OF THE MEMBERS OF THE BOARD. THE EXECUTIVE DIRECTOR (ED) OF HCS ALSO SERVES AS THE COMPENSATED ED OF THE ORGANIZATION PER AN EXECUTIVE DIRECTOR SHARING AGREEMENT APPROVED BY THE ORGANIZATION AND HCS BOARDS OF DIRECTORS. THE HCS BOARD OF DIRECTORS ESTABLISHES A COMPENSATION COMMITTEE ANNUALLY TO REVIEW COMPENSATION FOR THE EXECUTIVE DIRECTOR. WEDGE MANAGEMENT, INC. (WMI) IS A RELATED TAXABLE CORPORATION THAT PROVIDES PROPERTY MANAGEMENT AND ACCOUNTING SERVICES TO THE ORGANIZATION. THE ED OF THE ORGANIZATION IS ALSO THE CEO OF WMI. TOGETHER HCS, WMI , THE ORGANIZATION, AND TWO OTHER HCS ASSOCIATES PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE ED . THE CHIEF FINANCIAL OFFICER (CFO) FOR HCS AND WMI ALSO SERVES AS THE UNCOMPENSATED CFO FOR THE ORGANIZATION. HCS PAYS THE C&B FOR THE CFO. THE ED WITH OVERSIGHT FROM THE HCS COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION FOR THE CFO. NONE OF THE CFO COMPENSATION IS PAID BY THE ORGANIZATION. THE ORGANIZATION HAS ELECTED TO USE OPTION 1 (FORM W-2 METHOD) TO REPORT THE C&B OF THE ED AND CFO.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
HOUSING AND COMMUNITY SERVICES INC
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
-
501(C)(3) · LOW-INCOME HOUSING · TX
Directly controlled by HCS
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
HCS 309 LLC
LOW- INCOME HOUSING · TX · income $0 · assets $0
Directly controlled by TG 110
-
HCS 310 LLC
LOW- INCOME HOUSING · TX · income $0 · assets $0
Directly controlled by TG 110
-
HCS 311 LLC
LOW- INCOME HOUSING · TX · income $0 · assets $1,291
Directly controlled by TG 110
-
TG 110 VILLAGE AT GREENWOOD GP LLC
LOW- INCOME HOUSING · TX · income -$124,842 · assets $4,023,103
Directly controlled by TG 110
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
810910NORTHFRIOSTREETLP
LOW INCOME HOUSING · TX
-
CAMBRIAN EAST RIVERSIDE LP
LOW INCOME HOUSING · TX
-
CUNNINGHAMMANORLP
LOW INCOME HOUSING · TX
-
EASTERLING CULEBRA APARTMENTS LP
LOW INCOME HOUSING · TX
-
GALAXYHOUSING&COMMUNITYSVCS
LOW INCOME HOUSING · TX
-
GUILD PARK LP
LOW INCOME HOUSING · TX
-
HCSAMSTARJOINTVENTURE1
LOW INCOME HOUSING · TX
-
KINGSVILLELULACMANORLP
LOW INCOME HOUSING · TX
-
MONTABELLA POINTE LTD
LOW INCOME HOUSING · TX
-
OMOVLP
LOW INCOME HOUSING · TX
-
PHCS VILLAGE AT ROOSEVELT LP
LOW INCOME HOUSING · TX
-
PROSPERAHCS CALALLEN LP
LOW INCOME HOUSING · TX
-
PV COUNTRY CLUB VILLAGE LP
LOW INCOME HOUSING · TX
-
TG 105 WESLACO VILLAGE LP
LOW INCOME HOUSING · TX
-
TG 110 CASA DE MANANA LP
LOW INCOME HOUSING · TX
-
TG 110 GLENOAK LP
LOW INCOME HOUSING · TX
-
TG 110 LEXINGTON LP
LOW INCOME HOUSING · TX
-
TG 110 PALMS AT BLUCHER PARK LP
LOW INCOME HOUSING · TX
-
TG 110 SAMUEL PLACE LP
LOW INCOME HOUSING · TX
-
TG 110 VILLAGE AT HENDERSON LP
LOW INCOME HOUSING · TX
-
TG 110 VILLAGE AT MCARDLE LP
LOW INCOME HOUSING · TX
-
THE PALMS AT LEOPARD LTD
LOW INCOME HOUSING · TX
-
VILLAGE AT NOGALITOS LP
LOW INCOME HOUSING · TX
-
WCA LP
LOW INCOME HOUSING · TX
-
WESTDURANGOLP
LOW INCOME HOUSING · TX
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
810910NORTHFRIOSTREETGPLLC
C · PROPERTY MGMT · TX
-
CAMBRIAN EAST RIVERSIDE GP LLC
C · LOW INCOME HOUSING · TX
-
CUNNINGHAMMANORGPLLC
C · PROPERTY MGMT · TX
-
EASTERLING CULEBRA APARTMENTS GP LLC
C · LOW INCOME HOUSING · TX
-
GUILD PARK GP LLC
C · LOW INCOME HOUSING · TX
-
HCS MONTABELLA POINTE LLC
C · LOW INCOME HOUSING · TX
-
HCS PORT ROYAL GP LLC
C · LOW INCOME HOUSING · TX
-
HSC MISSION DEL RIO GP LLC
C · LOW INCOME HOUSING · TX
-
KINGSVILLELULACMANORGPLLC
C · PROPERTY MGMT · TX
-
MORTGAGE BANKERS CORPORATION
C · PROPERTY MGMT · TX
-
NHMC NATIONAL HOUSING MANAGEMENT CORPORATION
C · PROPERTY MGMT · TX
-
PHCS RIO MANOR GP LLC
C · PROPERTY MGMT · TX
-
PHCS VILLAGE AT ROOSEVELT GP LLC
C · LOW INCOME HOUSING · TX
-
PROSPERA HQ LLC
C · LOW INCOME HOUSING · TX
-
PROSPERAHCS CALALLEN GP LLC
C · LOW INCOME HOUSING · TX
-
PV COUNTRY CLUB VILLAGE GP LLC
C · PROPERTY MGMT · TX
-
TG 105 WESLACO VILLAGE GP LLC
C · PROPERTY MGMT · TX
-
TG 110 CASA DE MANANA GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of income $30,580 · share of assets $2,102,858 · controlled entity
Directly controlled by TG 110
-
TG 110 GLENOAK GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of assets $339,074 · controlled entity
Directly controlled by TG 110
-
TG 110 LEXINGTON GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of income $28,657 · share of assets -$63,318 · controlled entity
Directly controlled by TG 110
-
TG 110 PALMS AT BLUCHER PARK GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of assets -$2 · controlled entity
Directly controlled by TG 110
-
TG 110 SAMUEL PLACE GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of assets -$410,419 · controlled entity
Directly controlled by TG 110
-
TG 110 VILLAGE AT HENDERSON GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of assets -$105 · controlled entity
Directly controlled by TG 110
-
TG 110 VILLAGE AT MCARDLE GP LLC
C · LOW INCOME HOUSING · TX · 100% owned · share of assets -$85 · controlled entity
Directly controlled by TG 110
-
THE PALMS AT LEOPARD GP LLC
C · LOW INCOME HOUSING · TX
-
VILLAGE AT NOGALITOS GP LLC
C · PROPERTY MGMT · TX
-
VILLAGE AT NOGALITOS GP LLC
C · LOW INCOME HOUSING · TX
-
WCA GP LLC
C · LOW INCOME HOUSING · TX
-
WEDGE MANAGEMENT INC
C · PROPERTY MGMT · TX
-
WESTDURANGOGPLLC
C · PROPERTY MGMT · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349300814
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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