Mcallen Housing Development Corporation

Organization Overview

Mcallen Housing Development Corporation is located in Mcallen, TX. The organization was established in 2016. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mcallen Housing Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Mcallen Housing Development Corporation generated $788.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 66.3% each year . All expenses for the organization totaled $686.6k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION OPERATES AS AN INSTRUMENTALITY OF THE HOUSING AUTHORITY OF THE CITY OF MCALLEN TO PROVIDE DECENT, SAFE, AFFORDABLE HOUSING TO ELIGIBLE LOW INCOME INDIVIDUALS IN CONJUNCTION WITH PROMOTING FAMILY SELF-SUFFICIENCY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION OPERATES AS AN INSTRUMENTALITY OF THE HOUSING AUTHORITY OF THE CITY OF MCALLEN TO PROVIDE DECENT, SAFE, AFFORDABLE HOUSING TO ELIGIBLE LOW INCOME INDIVIDUALS IN CONJUNCTION WITH PROMOTING FAMILY SELF-SUFFICIENCY


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Board, Officers & Key Employees

Name (title)Compensation
Rodolfo Ramirez
Executive Dir.
$0
Daniel Delgado
Secretary
$0
Elva Cerda
Vice President
$0
Ronnie Cruz
Chairman
$0
Eliseo Salinas
Director
$0
Marc D Garcia
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$154,867
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$154,867
Total Program Service Revenue$634,016
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $788,883

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