2022-04-12T13:08:04-07:00 2021-06-30 263548566 M GROUP LLP 515 W SOUTHLAKE BLVD Ste 150 SOUTHLAKE TX 76092 990 2020-07-01 742740889 MERCED HOUSING TEXAS MERC 2102810234 120 W MISTLETOE AV SAN ANTONIO TX 78212 KRISTIN L DAVILA President 2022-04-12 true KRISTIN L DAVILA 999009999 MICHAEL C MARTIN P01421482 8178651360 2 AAL1 IAL1 FAL1 2020 2022-09-23 18:48:47Z KRISTIN L DAVILA 120 W MISTLETOE AV SAN ANTONIO TX 78212 11573282 false 0928 X WWW.MERCEDHOUSINGTEXAS.ORG X 1995 TX PROVIDING AFFORDABLE, SERVICE-ENRICHED HOUSING 12 12 20 75 0 2468968 2783249 5852742 8736030 60879 54003 0 8382589 11573282 267288 935896 0 1007369 1280799 0 92059 5476360 5563071 6751017 7779766 1631572 3793516 39047515 43404822 35133281 35556108 3914234 7848714 PROVIDING AFFORDABLE, SERVICE-ENRICHED HOUSING false false 5331690 8506680 MULTIFAMILY HOUSING PROGRAM: The program provides 1,481 families with quality, affordable homes in multi-family communities owned or developed by Merced in San Antonio, Corpus Christi, Conroe, Somerset, Karnes City, Goliad and Fort Worth. The majority of residents in our communities earn 60% or below of the Area Median Income (AMI) which is classified as very low to extremely low income. 1255277 935896 828354 OWNER OCCUPIED REPAIR PROGRAM: Since its inception, the program has helped over 679 older adults or disabled homeowners who live on low to extremely low incomes (80% AMI or below) and cannot afford to maintain their homes in a safe, sanitary and structurally sound condition. Merced makes health- and safety-related repairs to homes in Bexar County at no cost to homeowners. Repairs range in cost from $125 to $109,000 and include ADA modifications, electrical, foundation, plumbing, roof, heating/AC and more. Merced also provides supportive social services to homeowners with the goal of improving their housing stability and well-being. 527425 229350 RESIDENT SERVICES PROGRAM: Merced provides supportive services focused on increasing housing stability for residents at affordable multifamily and senior communities. The program focuses on health and wellness, financial security, adult education and youth engagement. During the year ended June 30 2021, 2,505 unduplicated residents were served by this program (older adults, families and youth), 10,366 supportive services referrals were made and outreach efforts touched 29,906 residents. 7114392 true true false false false false false false false false true false false true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false false true 22 0 true 20 true false false false false false false false 0 false false false false false false false X 12 12 false true false false false false false true true false false true true true true true true true true false X MERCED HOUSING TEXAS 2102810234 120 W MISTLETOE AV SAN ANTONIO TX 78212 KRISTIN L DAVILA President 40.00 0.00 X 112996 0 9529 JESSE FLORES JR Vice President 40.00 0.00 X 85286 0 5614 NORMA BATTS Dir Corp Oper 40.00 0.00 X 75972 0 12240 SUE YIP SECRETARY/TREAS 40.00 0.00 X 62040 0 6761 RAQUEL DIAS-SAKAI Director 1.00 0.00 X 0 0 0 SR JANE ANN SLATER CDP Vice Chair 1.00 0.00 X 0 0 0 JUDY TREVINO Director 1.00 0.00 X 0 0 0 SR SUSAN MIKA OSB Director 1.00 0.00 X 0 0 0 CECE SMITH Director 1.00 0.00 X 0 0 0 SR RITA NEALON SHSP Director 1.00 0.00 X 0 0 0 DAHLIA GARCIA Director 1.00 0.00 X 0 0 0 ROGER GARCIA Director 1.00 0.00 X 0 0 0 BARBARA U ALVAREZ CHAIR 1.00 0.00 X 0 0 0 ED WHITE JR Director 1.00 0.00 X 0 0 0 BEATRICE BRISENO Director 1.00 0.00 X 0 0 0 KIRK KING Director 1.00 0.00 X 0 0 0 336294 34144 1 false false false CESAR LOPEZ CESARS REMODELING 227 INSPRIATION DRIVE SAN ANTONIO TX 78228 REPAIR AND MAINTENAN 145745 MRI Software LLC 29596 Network Plance Chicago IL 60673 Software 125862 2 2540394 242855 2783249 ASSET MANAGEMENT FEES 531310 2803228 2803228 RENTAL INCOME 532000 5703452 5703452 RESIDENT SERVICE FEES 531310 229350 229350 8736030 54003 54003 0 0 0 0 0 0 0 0 11573282 8790033 0 935896 935896 0 0 336294 189218 97159 49917 0 706134 466148 220741 19245 0 238371 140292 81087 16992 0 0 0 100653 68535 32118 0 0 0 152224 147464 4760 0 61697 54279 4969 2449 27606 20899 6707 0 5242 4358 884 13354 10317 3037 0 0 46467 46467 0 1320069 1271224 48845 5098 4410 688 MULTIFAMILY SEE SCH O 3768107 3768107 Printing and Publications 26763 6903 19860 PROPERTY TAX 13768 11703 2065 TELEPHONE 10423 8880 1543 11600 5759 2385 3456 7779766 7114392 573315 92059 1012721 1321747 708018 3853594 29778 1373351 74472 75362 0 0 424033 469033 0 207448 239305 44628083 12781698 33117608 31846385 712532 881600 0 0 0 2760905 3344445 39047515 43404822 300004 351425 45760 1280151 4574950 30072852 33783335 139715 141197 35133281 35556108 X 3842187 7775937 72047 72777 3914234 7848714 39047515 43404822 3793516 140964 X false true X true true true X 1094749 680342 1584855 2468968 2783249 8612163 5193406 5121876 5135342 5852742 8736030 30039396 0 0 0 6288155 5802218 6720197 8321710 11519279 38651559 0 0 38651559 59201 75978 81094 60879 54003 331155 0 59201 75978 81094 60879 54003 331155 0 0 6347356 5878196 6801291 8382589 11573282 38982714 0.99150 0.99020 0.00850 0.00980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3977767 3977767 39220774 11872589 27348185 10863 6229 4634 1418679 902880 515799 31846385 ACCRUED INTEREST RECEIVABLE 74602 DEPOSITS 10448 Developer fee receivable 131200 Financing costs 96016 FUNDED RESERVES 1511964 Office Building, net 967365 PREDEVELOPMENT COSTS 315858 TENANT SECURITY DEPOSITS 236992 3344445 SECURITY DEPOSIT LIABILITY 141197 141197 X 11714246 140964 140964 11573282 11573282 7779766 7779766 7779766 Part X : FIN48 Footnote Merced is a not-for-profit corporation under the provisions of Section 501(c)(3) of the Internal Revenue Code and is exempt from federal incomes taxes. Merced did not have any unrelated business income during 2021 or 2020. Current accounting standards require that entities recognize any uncertain tax position that is more-likely-than-not to be sustained upon examination. Management of Merced believes it has no material uncertain tax positions. Accordingly, no provision or benefit for income taxes have been recorded in the financial statements. true 0 0 HOME REPAIR AND MAINTENANCE 14 935896 FMV HOME REPAIRS TO SENIORS & DISABLED Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Property management is delegated to third party professional property management companies. All third party property management employee salaries and benefits are paid by the property management company directly to property management company employees. Form 990, Part VI, Line 11b: Form 990 Review Process THE FINANCE COMMITTEE REVIEWS THE FORM 990 PRIOR TO FILING Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF A FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES WITH THE GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. A DISCUSSION AND VOTE IS PERFORMED BY THE REMAINING GOVERNING BOARD OR COMMITTEE MEMBERS.IF APPROPRIATE, A DISINTERESTED PERSON OR COMMITTEE IS APPOINTED TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT EXISTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OR INTEREST. IF ONE IS NOT REASONABLY POSSIBLE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY MAJORITY VOTE IF THE TRANSACTION OR ARRANGEMENT IS IN MERCED'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management THE PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS OF MERCED HOUSING TEXAS REVIEW, ON AN ANNUAL BASIS, THE RESPONSIBILITIES, PERFORMANCE, AND COMPENSATION OF THE ORGANIZATION'S PRESIDENT. THIS REVIEW PROCESS HAPPENS IN CONJUNCTION WITH THE FINANCE COMMITTEE'S REVIEW AND APPROVAL OF THE ORGANIZATION'S ANNUAL BUDGET AND IS DOCUMENTED BY THE CHAIR OF THE PERSONNEL COMMITTEE. MERCED HOUSING TEXAS PARTICIPATES, ON AN ONGOING BASIS, IN NOT-FOR-PROFIT ORGANIZATION WAGE AND BENEFITS SURVEYS TO COMPARE THE ORGANIZATION'S PAY STRUCTURE WITH THAT OF OTHER SIMILAR NOT-FOR-PROFIT ORGANIZATIONS. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE AVAILABLE UPON REQUIEST. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG. FORM 990, PART IX, LINE 24A MULTIFAMILY PROGRAM EXPENSES:PROPERTY STAFF 595,188PROPERTY STAFF BENEFITS 55,895ADVERTISING & MARKETING 37,214LEASING OFFICE EXPENSES 155,081PROPERTY MANAGEMENT FEES 260,190UTILITIES 471,508OPERATING & MAINTENANCE 937,423AUDIT FEES 26,225LEGAL & PROFESSIONAL FEES 8,180PROPERTY TAXES 19,350PROPERTY INSURANCE 396,802INTEREST 802,476 BAD DEBT 2,575 _________TOTAL MULTIFAMILY EXPENSES 3,768,107 ========= MERCED-ELMHURST LLC 130 ELMHURST SAN ANTONIO TX TX 78209 200478546 LOW-INCOME HOUSING TX 155760 533383 MERCED HOUSING TEXAS MERCED-BELLSHIRE LLC 800 BELLSHIRE DRIVE CONROE TX TX 77301 742990196 LOW-INCOME HOUSING TX 4520850 21733061 MERCED HOUSING TEXAS MERCED-STABLEWOOD LLC 8301 LAKE VISTA DRIVE SAN ANTONIO TX TX 78227 743019365 LOW-INCOME HOUSING TX 2377634 10058260 MERCED HOUSING TEXAS MERCED-RIVERSQUARE LLC 120 W MISTLETOE AV SAN ANTONIO TX TX 78212 200335980 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS MERCED-TIERRA POINTE LLC 120 W MISTLETOE AV SAN ANTONIO TX TX 78212 271168021 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS MERCED HOUSING DEVELOPMENT COMPANY LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 471328223 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS MERCED-KINGS COURT LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 821028043 LOW INCOME HOUSING TX 167704 1328725 MERCED HOUSING TEXAS MERCED-SOMERSET LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 471336787 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS SOMERSET SENIOR HOUSING LTD 120 W MISTLETOE AV SAN ANTONIO TX 78212 742765568 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS 132644 545549 false true 1.00000 MERCED-FENNER SQUARE LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 651253386 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS C CORP 1.00000 true MERCED-NAVIGATION LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 203907891 LOW-INCOME HOUSING TX MERCED HOUSING TEXAS C CORP 1.00000 true 250 FDC GEMBLER LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 562476338 LOW INCOME HOUSING TX MERCED HOUSING TEXAS C CORP 1.00000 true MERCED-FOUR SEASONS AT CLEAR CREEK LLC 120 W MISTLETOE AV SAN ANTONIO TX 78212 203928017 LOW INCOME HOUSING TX MERCED HOUSING TEXAS C CORP 1.00000 true false false false false false false false false false false false false false false false false false false false