Overview
What is Tg 105 Inc?
Tg 105 Inc, established in Texas in 1994, is a charitable organization with a mission to provide low-income housing and comprehensive social and educational services. They aim to preserve assisted housing, playing a crucial role in uplifting economically disadvantaged communities by offering a supportive living environment and additional resources for personal growth. The organization's services contribute to the overall well-being of its residents, ensuring they have access to vital resources during their stay.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Stars
Tg 105 Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. The organization received a perfect score of 100% for having an entirely independent board, showcasing robust governance practices that enhance transparency and trustworthiness.
The financial health of Tg 105 Inc is notable, with a program expense ratio of 88.78%, indicating that a significant portion of its funds is directed toward its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio of 17.47%, reflecting solid financial management and stability.
While the charity excels in many areas, maintaining high scores across various accountability metrics, continual monitoring of its financial practices and governance will be essential to sustain its reputation and effectiveness in the nonprofit sector. Overall, Tg 105 Inc demonstrates a strong operational framework that aligns well with donor expectations and industry standards.
This AI summary has been generated from information found on Charity Navigator.
Is Tg 105 Inc legitimate?
Tg 105 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tg 105 Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tg 105 Inc?
TG 105 Inc, established in 1994, is a charitable organization with a mission to provide low-income individuals with housing and offer accompanying social and educational services. Their primary objective is to preserve and maintain assisted housing, extending beyond just providing a place to live. The organization aims to enhance the lives of its residents by offering additional support services, contributing to their overall well-being and development.
Who is the CEO of Tg 105 Inc?
Jacklyn S Woodring is the Chair of Tg 105 Inc.
What is the revenue of Tg 105 Inc?
Tg 105 Inc's revenue in 2022 was $111,596.
Who are the executives of Tg 105 Inc and what are their salaries?
There 5 volunteers at Tg 105 Inc.
Here are 8 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $162,403
- Other: $5,486
- Compensation: $0
- Related: $227,279
- Other: $16,994
- Compensation: $0
- Related: $190,311
- Other: $6,414
Where can I find the form 990 for Tg 105 Inc?
Tg 105 Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tg 105 Inc
Tg 105 Inc, established in Texas in 1994, is a charitable organization with a mission to provide low-income individuals with housing and complementary social and educational services. Its primary objective is to preserve assisted housing, ensuring that those in need have access to safe and affordable living spaces. By offering these crucial services, Tg 105 Inc aims to enhance the living conditions and opportunities for its residents, ultimately contributing to their overall well-being.
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Impact
October, 2024
Tg 105 Inc significantly impacts the San Antonio community by addressing critical housing needs and enhancing the quality of life for low-income residents. By providing affordable housing options, the organization helps ensure that individuals and families have stable living conditions, which is essential for personal and community development.
Additionally, Tg 105 Inc offers social and educational services that empower residents through skill-building and access to resources. This holistic approach not only improves living conditions but also fosters community engagement and helps residents achieve greater self-sufficiency. Since its incorporation in 1994, Tg 105 has played a vital role in preserving assisted housing, contributing to both the stability of the housing market and the overall well-being of lower-income populations in San Antonio.
This information is meant to be a general summary of Tg 105 Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $105,575
- Gross Receipts: $853,365
Assets and Liabilities:
- Total Assets: $1,294,663
- Total Liabilities: $183,283
- Net Assets: $1,111,380
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM RELATED INVEST
Revenue
$105,575
Organization Details
Founding Year
1994
Phone
(210) 821-4300Principal Officer
Jacklyn S Woodring
Main Address
3419 NACOGDOCHES ROAD, SAN ANTONIO, TX, 78217
NTEE Category
Code: L200 - Housing
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