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Nonprofiteer
← SOUTH TEXAS HOUSING AND COMMUNITY DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by SOUTH TEXAS HOUSING AND COMMUNITY DEVELOPMENT CORP.

Totals

Total revenue
$3,925,026
Total expenses
$2,064,838
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,426,765
Investment income
$0
Other revenue
$498,261
Total assets, end of year
$3,857,322
Total liabilities, end of year
$1,668,027
Net assets or fund balances, end of year
$2,189,295
Program services expenses (Part IX)
$2,028,838
Management and general expenses
$36,000
Fundraising expenses
$0
Program service expenses (Part III)
$2,028,838

Program services were 98.3% 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.

  • 2a · Program service revenue: Revenues and Manufacturing

    total $3,426,765 · related or exempt $3,426,765

  • 6a · Gross rents

    real property $67,700

  • 6c · Rental income or loss

    real property $67,700

  • 6d · Net rental income or loss

    total $67,700 · related or exempt $67,700

  • 10a · Gross sales of inventory

    $80,905

  • 10c · Net income from sales of inventory

    total $80,905 · related or exempt $80,905

  • 11a · Other revenue: Miscellaneous Revenue

    total $349,656

  • 11e · Other revenue, total

    $349,656

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,398,668 · program services $1,398,668

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $77,056 · program services $77,056

  • 10 · Payroll taxes

    total -$17,546 · program services -$17,546

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $36,000 · management and general $36,000

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $66,402 · program services $66,402

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $124,944 · program services $124,944

  • 14 · Information technology

    total $31 · program services $31

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $54,501 · program services $54,501

  • 17 · Travel

    total $65,903 · program services $65,903

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $43,732 · program services $43,732

  • 23 · Insurance

    total $37,410 · program services $37,410

  • 24a · Other expenses: Manufacturing Costs

    total $116,490 · program services $116,490

  • 24b · Other expenses: Repairs and Maintenance

    total $38,218 · program services $38,218

  • 24c · Other expenses: Equipment Purchase

    total $3,189 · program services $3,189

  • 24e · All other expenses

    total $19,840 · program services $19,840

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $406 · end of year $214,862

  • 3 · Pledges and grants receivable

    beginning of year $448,608 · end of year $2,018,478

  • 8 · Inventories for sale or use

    beginning of year $709,250 · end of year $709,250

  • 10a · Land, buildings and equipment: cost or other basis

    $1,910,775

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,525,830

  • 10c · Land, buildings and equipment, net

    beginning of year $428,677 · end of year $384,945

  • 15 · Other assets

    beginning of year $83,808 · end of year $529,787

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,385 · end of year $20,589

  • 25 · Other liabilities

    beginning of year $1,178,832 · end of year $1,647,438

  • 27 · Net assets without donor restrictions

    beginning of year $444,532 · end of year $2,189,295

Mission and programs · 2024

Mission

Promote affordable housing and economic development by creating jobs in an enterprise zone.

  • Promote affordable housing and economic development by creating jobs in an enterprise zone

    Expenses $2,028,838

As filed on the 2024 return.

Listed in Part VII

  • Major General Juan Ayala

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Robert Ramirez

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Phillip Gutierres

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Manuel Castillo

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Gilbert Rodriguez

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ms Evelyn Carvajal

    NVOP Board Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Mr Steven Gonzalez

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Sergio M Gonzalez JD

    NVOP Board Vice Chairman

    Total calculated
    $0
    Hours/week
    1

  • Mr Ceasar Ruiz

    NVOP Board Chairman

    Total calculated
    $0
    Hours/week
    1

  • Ms Thelma Gonzales

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Luis Vazquez-Contes

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Mr Roy Reyes

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ms Claudia Moreno

    NVOP Board Member

    Total calculated
    $0
    Hours/week
    1

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.

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.

Provenance

Return type
form_990
Tax year
2024
Filed
17 August 2026
IRS schema version
2024v5.2
Source object
202642299349302404

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