Overview
What is Merced Housing Texas?
Merced Housing Texas is a dedicated nonprofit organization that focuses on offering affordable, service-enhanced housing to support the community. By implementing an owner-occupied repair program, they have aided over 679 low-income elderly or disabled homeowners in maintaining their homes in a secure and clean condition. Moreover, they provide a resident services program that strengthens housing stability for residents inhabiting affordable multifamily and senior living spaces. This program emphasizes various aspects such as health and wellness, financial security, educational opportunities, and youth development activities, ultimately improving the overall living experience for the residents.
Official website here: www.mercedhousingtexas.org/
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 86% (Three-Star out of Four Star Rating)**
Merced Housing Texas has received an impressive Three-Star rating from Charity Navigator, reflecting their solid performance in accountability and finance, along with high marks for culture and community engagements. Their strong financial practices are evident, with 92.34% of expenditures directed towards programs, indicating a solid commitment to their mission of providing affordable housing solutions. However, the organization has a gap in transparency, as they failed to post their tax form on their website.
The organization boasts a fully independent board and strong leadership adaptability, with strategic goals focused on creating new multifamily housing units and improving existing facilities. Their equity strategies and constituent feedback scores highlight a dedication to inclusivity and community engagement. Additionally, their successful navigation of the challenges presented by the COVID-19 pandemic showcases their ability to enhance programs and provide support where it is most needed.
While user reviews from GreatNonprofits are not available, the high scores in various categories suggest that Merced Housing Texas is fundamentally strong, although stakeholders may seek greater transparency regarding financial documentation. Overall, Merced Housing Texas appears to be a valuable contributor to addressing housing needs in Bexar County.
This AI summary has been generated from information found on Charity Navigator.
Is Merced Housing Texas legitimate?
Merced Housing Texas is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merced Housing Texas 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: $296,392
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,006,476
For more financial information, click here
Official website here: www.mercedhousingtexas.org/
What is the mission statement of Merced Housing Texas?
Merced Housing Texas, an organization dedicated to providing affordable housing, has a mission to support the community. They strive to offer service-enriched living quarters, ensuring the homes remain safe and clean for older adults and disabled individuals living on low incomes, through their owner-occupied repair program. Furthermore, Merced Housing Texas runs a resident services program, which focuses on enhancing housing stability for residents in multifamily and senior communities. This program encompasses various aspects, such as health and wellness, financial security, adult education, and youth enrichment.
Official website here: www.mercedhousingtexas.org/
Who is the CEO of Merced Housing Texas?
Kristin L Davila is the President of Merced Housing Texas.
Official website here: www.mercedhousingtexas.org/
What is the revenue of Merced Housing Texas?
Merced Housing Texas's revenue in 2022 was $9,858,961.
Official website here: www.mercedhousingtexas.org/
Who are the executives of Merced Housing Texas and what are their salaries?
The average compensation at Merced Housing Texas during 2022 was $54,286. There are 24 employees and 222 volunteers at Merced Housing Texas.
Here are 17 key members and their salaries:
- Compensation: $136,864
- Related: $0
- Other: $10,598
- Compensation: $85,602
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- Other: $5,809
- Compensation: $66,504
- Related: $0
- Other: $2,045
- Compensation: $46,608
- Related: $0
- Other: $8,637
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Official website here: www.mercedhousingtexas.org/
Where can I find the form 990 for Merced Housing Texas?
Merced Housing Texas's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mercedhousingtexas.org/
Learn more at the official website: www.mercedhousingtexas.org/
Mission Statement of Merced Housing Texas
Merced Housing Texas, a nonprofit organization, is dedicated to providing affordable, service-enriched housing. Their mission is to support the community by offering more than just a place to live. They have an owner-occupied repair program that aids over 679 older adults or disabled individuals living on low incomes, helping them maintain their homes in a safe and sanitary condition. Beyond housing, Merced Housing Texas also provides a resident services program. This program focuses on enhancing housing stability for residents living in affordable multifamily and senior communities. The services offered under this program include promoting health and wellness, fostering financial security, encouraging adult education, and enriching the lives of youth. By providing these additional services, Merced Housing Texas goes beyond offering housing, aiming to improve the overall quality of life for its residents.
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Impact
July, 2024
Merced Housing Texas provides affordable, service-enriched housing with a mission to support the community. Through various programs such as the owner-occupied repair program and resident services program, they have made a significant impact on the community. For example, they have helped over 679 older adults or disabled homeowners living on low incomes maintain their homes in a safe and sanitary condition. Their resident services program also offers supportive services that focus on health and wellness, financial security, adult education, and youth enrichment to increase housing stability for residents in affordable multifamily and senior communities. Overall, Merced Housing Texas's work has positively impacted the lives of many individuals by providing them with not just housing, but also essential services and support.
This information is meant to be a general summary of Merced Housing Texas. 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.
- Investment Income: $81,327
- Program Service Revenue: $6,235,307
- Gross Receipts: $9,858,961
Assets and Liabilities:
- Total Assets: $50,611,683
- Total Liabilities: $41,869,292
- Net Assets: $8,742,391
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ASSET MANAGEMENT FEES
Revenue
$118,665
RENTAL INCOME
Revenue
$5,960,592
RESIDENT SERVICE FEES
Revenue
$156,050
Organization Details
Founding Year
1995
Phone
(210) 281-0234Principal Officer
Kristin L Davila
Main Address
PO BOX 12870, SAN ANTONIO, TX, 78212
Website
www.mercedhousingtexas.org/NTEE Category
Code: L80 - Housing
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