Tg 106 Inc is located in San Antonio, TX. The organization was established in 2001. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Tg 106 Inc 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, Tg 106 Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $1.6m during the year ending 06/2021. While expenses have increased by 2.9% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AS A CHARITY, PROVIDES LOW-INCOME HOUSING AND RESIDENT SOCIAL AND EDUCATIONAL SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Anita Remerowski Chair | OfficerTrustee | 0.1 | $0 |
Darrell Deming Secretary | OfficerTrustee | 0.1 | $0 |
Zulema Rodriguez Asst Secretary | OfficerTrustee | 0.1 | $0 |
Nancy Hard Treasurer | OfficerTrustee | 0.1 | $0 |
Dadiri Jama Vice Chair | OfficerTrustee | 0.1 | $0 |
Gilbert M Piette Executive Director-See Sch O | Officer | 0.1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wedge Management Inc Property Management | 6/29/20 | $104,856 |
Professional Employer Services Inc Staff Leasing | 6/29/20 | $215,370 |
Wedge Management Inc Property Management | 6/29/20 | $104,856 |
Professional Employer Services Inc Staff Leasing | 6/29/20 | $215,370 |
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 | $39,398 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $39,398 |
Total Program Service Revenue | $1,314,619 |
Investment income | $912 |
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 | $14,781 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,509,129 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $261,029 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $57,658 |
Payroll taxes | $22,020 |
Fees for services: Management | $106,304 |
Fees for services: Legal | $1,086 |
Fees for services: Accounting | $20,911 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $84,404 |
Advertising and promotion | $2,789 |
Office expenses | $30,254 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $481,220 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,675 |
Interest | $16 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $278,476 |
Insurance | $3,077 |
All other expenses | $14,839 |
Total functional expenses | $1,577,848 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $123,523 |
Savings and temporary cash investments | $30,929 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $121,468 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $83,470 |
Net Land, buildings, and equipment | $5,806,242 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $527,062 |
Total assets | $6,692,694 |
Accounts payable and accrued expenses | $121,521 |
Grants payable | $0 |
Deferred revenue | $33,765 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $24,618 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $963,309 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,143,213 |
Net assets without donor restrictions | $5,549,481 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $6,692,694 |
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Avenue Community Development Coporation Houston, TX | $81,189,118 | $11,542,239 |
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