Merced Housing Texas

Organization Overview

Merced Housing Texas is located in San Antonio, TX. The organization was established in 0000. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Merced Housing Texas employed 24 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Merced Housing Texas 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 06/2022, Merced Housing Texas generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $8.9m during the year ending 06/2022. While expenses have increased by 7.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDING AFFORDABLE, SERVICE-ENRICHED HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

MULTIFAMILY HOUSING PROGRAM: THE PROGRAM PROVIDES 1,481 FAMILIES WITH QUALITY,AFFORDABLE HOMES IN MULTI-FAMILY COMMUNITIES OWNED OR DEVELOPED BY MERCED IN SANANTONIO, CORPUS CHRISTI, CONROE, SOMERSET, KARNES CITY, GOLIAD AND FORT WORTH. THEMAJORITY OF RESIDENTS IN OUR COMMUNITIES EARN 60% OR BELOW OF THE AREA MEDIAN INCOME(AMI) WHICH IS CLASSIFIED AS VERY LOW TO EXTREMELY LOW INCOME.


OWNER OCCUPIED REPAIR PROGRAM: SINCE ITS INCEPTION, THE PROGRAM HAS HELPED OVER 679OLDER ADULTS OR DISABLED HOMEOWNERS WHO LIVE ON LOW TO EXTREMELY LOW INCOMES (80% AMI OR BELOW) AND CANNOT AFFORD TO MAINTAIN THEIR HOMES IN A SAFE, SANITARY ANDSTRUCTURALLY SOUND CONDITION. MERCED MAKES HEALTH- AND SAFETY-RELATED REPAIRS TOHOMES IN BEXAR COUNTY AT NO COST TO HOMEOWNERS. REPAIRS RANGE IN COST FROM $125 TO$109,000 AND INCLUDE ADA MODIFICATIONS, ELECTRICAL, FOUNDATION, PLUMBING, ROOF,HEATING/AC AND MORE. MERCED ALSO PROVIDES SUPPORTIVE SOCIAL SERVICES TO HOMEOWNERSWITH THE GOAL OF IMPROVING THEIR HOUSING STABILITY AND WELL-BEING.


RESIDENT SERVICES PROGRAM: MERCED PROVIDES SUPPORTIVE SERVICES FOCUSED ON INCREASINGHOUSING STABILITY FOR RESIDENTS AT AFFORDABLE MULTIFAMILY AND SENIOR COMMUNITIES.THE PROGRAM FOCUSES ON HEALTH AND WELLNESS, FINANCIAL SECURITY, ADULT EDUCATION ANDYOUTH ENGAGEMENT. DURING THE YEAR ENDED JUNE 30 2021, 2,505 UNDUPLICATED RESIDENTSWERE SERVED BY THIS PROGRAM (OLDER ADULTS, FAMILIES AND YOUTH), 10,366 SUPPORTIVESERVICES REFERRALS WERE MADE AND OUTREACH EFFORTS TOUCHED 29,906 RESIDENTS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Kristin L Davila
President
$136,864
Jesse Flores Jr
Vice President
$85,602
Sue Yip
Treasurer
$66,504
Larissa Hernandez
Secretary
$46,608
Sr Jane Ann Slater
Vice Chair
$0
Barbara U Alvarez
Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Roadrunner Remodeling
Repair/maintenance
$197,366
R&r Painting & Remodeling
Repair/maintenance
$146,068
Cesar J Lopez Dba Cesars Remodeling
Repair/maintenance
$319,950
Sonia Aguilar Dba Bbg Construction
Repair/maintenance
$190,158
Jose A Navarro Dba Tony Navarro Constt
Repair/maintenance
$198,420
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,128,831
All other contributions, gifts, grants, and similar amounts not included above$144,210
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,273,041
Total Program Service Revenue$6,235,307
Investment income $75,438
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,889
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $9,858,961

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Merced Housing Texas has recieved totaling $85,638.

Awarding OrganizationAmount
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$25,000
San Antonio Area Foundation

San Antonio, TX

PURPOSE: GENERAL SUPPORT

$20,000
Genevieve And Ward Orsinger Foundation

San Antonio, TX

PURPOSE: 2020 STRENGTHENING THE FAMILY UNIT/DUALGEN INITIATIVE

$15,000
Genevieve And Ward Orsinger Foundation

San Antonio, TX

PURPOSE: 2021 STRENGTHENING THE FAMILY UNIT/DUALGEN/COVID 19

$12,500
Genevieve And Ward Orsinger Foundation

San Antonio, TX

PURPOSE: 2021 STRENGTHENING THE FAMILY UNIT/DUALGEN/COVID 19

$12,500
John Herman Hasenbeck Charitable Trust

Temple, TX

PURPOSE: OPERATING EXPENSES

$500
View Grant Recipient Profile

Create an account to unlock the data you need.

or