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TG 306 INC

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Public nonprofit record

TG 306 INC

EIN 72-1530634 · Low-Income & Subsidized Rental Housing (L21)

What they do

THE ORGANIZATION WAS INCORPORATED AS A NONPROFIT CORPORATION IN THE STATE of TEXAS ON JULY 23, 2002. THE MISSION of THE ORGANIZATION is to PRESERVE AFFORDABLE HOUSING for FAMILIES, to PROMOTE A STRONG COMMUNITY, and to ASSIST RESIDENTS to ACHIEVE ECONOMIC INDEPENDENCE.THE PRIMARY ACTIVITY of THE ORGANIZATION is THE OWNERSHIP and OPERATION of THE POESTA CREEK APARTMENTS, A 5O-UNIT APARTMENT COMPLEX LOCATED AT 1301 SOUTH TYLER STREET, BEEVILLE, TEXAS 78102 for THE BENEFIT of VERY-LOW INCOME FAMILIES and INDIVIDUALS. THE ORGANIZATION MAINTAINS A U.S. DEPARTMENT of HOUSING and URBAN DEVELOPMENT (HUD) PROPERTY BASED SECTION 8 HOUSING ASSISTANCE PAYMENT (HAP) RENTAL ASSISTANCE CONTRACT for ALL 50 UNITS. THE HAP RENT ASSISTED UNITS ARE MADE AVAILABLE to FAMILIES and INDIVIDUALS WITH INCOMES of LESS THAN 30% of AREA MEDIAN INCOME.

Money

Financial picture

Tax year 2024
Revenue$638,610
Expenses$648,395
Assets$3,296,426
Income$638,610
Management$41,152
Accounting fees$16,037

About this charity

Recognized since
January 2003
Location
3419 NACOGDOCHES ROAD, SAN ANTONIO, TX 782173377
County
Bexar
In care of
JAMES BUTCHER
Primary officer
JAMES BUTCHER, MANAGEMENT AGENT CFO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
January 1, 2024
Return type
990
Tax preparer
COHNREZNICK ADVISORY LLC
NTEE classification
Low-Income & Subsidized Rental Housing (L21)
IRS tax category
Low-Income & Subsidized Rental Housing
More public IRS record details

These are classification codes from the organization’s public nonprofit record.

Subsection
03
Affiliation
3
Classification
1000
Deductibility
1
Foundation
16
Organization
1
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About this report: Information comes from public nonprofit records and may show the latest filing available.

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