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George Gervin Retirement Apartments

George Gervin Retirement Apartments

San Antonio, TX
Tax ID90-0752328

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About this organization

Revenue

$292,114

Expenses

$349,570

Mission

Organization - The corporation was organized on January 11, 2011 as a non-profit corporation to acquire an interest in real property located in San Antonio, Texas, and to construct and operate thereon an apartment complex of 42 units, under Section 202 of the National Affordable Housing Act. Such projects are regulated by HUD as to rent charges and operation methods. Operations effectively began in August 2015.

About

The corporation was organized on January 11, 2011 as a non-profit corporation to acquire an interest in real property located in San Antonio, Texas, and to construct and operate thereon an apartment complex of 42 units, under Section 202 of the National Affordable Housing Act. Such projects are regulated by HUD as to rent charges and operation methods. Operations effectively began in August 2015.

Interesting data from their 2019 990 filing

The non-profit's aim, as stated in the filing, is “The corporation was organized on january 11, 2011 as a non-profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 42 units, under section 202 of the national affordable housing act. such projects are regulated by hud as to rent charges and operation methods. operations effectively began in august 2015.”.

When referring to its actions, they were outlined as: “Organization - the corporation was organized on january 11, 2011 as a non- profit corporation to acquire an interest in real property located in san antonio, texas, and to construct and operate thereon an apartment complex of 42 units, under section 202 of the national affordable housing act. such projects are regulated by hud as to rent charges and operation methods. operations effectively began in august 2015.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as TX.
  • The non-profit's address in 2019 is noted in the filing as 6903 SUNBELT DR SOUTH, SAN ANTONIO, TX, 78218.
  • The non-profit's form for 2019 reports a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is -$57,456.
  • The CEO compensation package within the organization is not established through a review and approval by a neutral party.
  • The organization has a written policy that delegates the management duties.
  • The organization elects its board members.
  • The organization has 6 independent voting members.
  • The organization was formed in 2011.
  • The organization is required to file Schedule O.
  • The organization pays $44,480 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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