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Nonprofit · EIN 74-2939665

TG 302 INC

Tax-exempt · SAN ANTONIO, TX 78217

Financials

$588K$466K2023$614K$520K2024
Revenue Expenses · by fiscal year end
Financials of TG 302 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$614,007$519,986$94,021$1,738,155$425,393$1,312,762
December 31, 2023990$588,113$465,512$122,601$1,713,149$494,408$1,218,741
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$605,818
Investment income
$1,879
Other revenue
$6,310

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$71,813
Salaries, compensation and benefits (total)
$96,189
Professional fundraising fees
$0
Accounting fees
$16,037
Occupancy
$174,225
Depreciation
$63,384
Program services (functional)
$477,840
Management and general (functional)
$42,146

Balance sheet and other

Total assets, start of year
$1,713,149
Total assets, end of year
$1,738,155
Total liabilities, end of year
$425,393
Net assets, end of year
$1,312,762
Land, buildings and equipment
$1,211,504
Net assets without donor restrictions
$1,312,762
Gross receipts
$614,007
Employees
0
Volunteers
3
Year formed
2000
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JACLYN S WOODRINGEXECUTIVE DIRECTOR
Officer
0.1$0$322,500$29,794
JAMES BUTCHERMANAGEMENT AGENT CFO
Officer
0.1$0$198,077$6,001
CYNTHIA RODRIQUEZTREASURER
Trustee or director, Officer
0.1$0$0$0
DEBBIE ALFORDCHAIR
Trustee or director, Officer
0.1$0$0$0
NIDIA RUIZVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JACLYN S WOODRINGEXECUTIVE DIRECTOR
Officer
0.1$0$297,100$20,876
JAMES BUTCHERMANAGEMENT AGENT CFO
Officer
0.1$0$198,090$6,729
DEBBIE ALFORDCHAIR
Trustee or director, Officer
0.1$0$0$0
JOHN COLUNGAVICE CHAIR/SECRETARY (OUTGOING)
Trustee or director, Officer
0.1$0$0$0
LUIS ZUNIGATREASURER(OUTGOING)
Trustee or director, Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
3419 NACOGDOCHES ROAD, SAN ANTONIO, TX 78217-3377
In care of
% WEDGE MGMT INC
Principal officer (990 for 2024)
JACLYN S WOODRING, 3419 NACOGDOCHES ROAD, SAN ANTONIO, TX 782173377
Signed the 990
JAMES BUTCHER, MANAGEMENT AGENT CFO
Phone
(210) 821-4300
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

THE ORGANIZATION WAS INCORPORATED AS A NONPROFIT CORPORATION IN THE STATE OF TEXAS ON JANUARY 24, 2000. THE MISSION OF THE ORGANIZATION IS TO PRESERVE AFFORDABLE HOUSING FOR FAMILIES, TO PROMOTE A STRONG RESIDENT COMMUNITY, AND TO ASSIST RESIDENTS TO ACHIEVE ECONOMIC INDEPENDENCE.THE PRIMARY ACTIVITY OF THE ORGANIZATION IS THE OWNERSHIP AND OPERATION OF THE HARRISON MANOR APARTMENTS, A 50-UNIT APARTMENT COMPLEX LOCATED AT 601 SOUTH 17TH STREET, HARLINGEN, TEXAS 78415 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.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION SUSTAINED THE HUD PROPERTY BASED SECTION 8 HAP CONTRACT AND CONTINUED TO MAKE ALL 50 UNITS AVAILABLE FOR LOW-INCOME FAMILIES AND INDIVIDUALS. THE ORGANIZATION MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF HUD.THE FOLLOWING TAX EXEMPTIONS CONTINUED TO BE RECEIVED: INTERNAL REVENUE SERVICE 501(C)(3) INCOME TAX EXEMPTION, CAMERON COUNTY, TEXAS, APPRAISAL DISTRICT 100% PROPERTY TAX EXEMPTION, STATE OF TEXAS FRANCHISE TAX EXEMPTION, STATE OF TEXAS SALES TAX EXEMPTION.THE ORGANIZATION CONTINUED TO OPERATE AN ON-SITE HUD CERTIFIED NEIGHBORHOOD NETWORKS CENTER AT WHICH THE ORGANIZATION PROVIDED PROGRAMS, ACTIVITIES, AND SERVICES FOR THE YOUTH AND ADULT RESIDENTS AND SURROUNDING COMMUNITY. PROGRAMS, ACTIVITIES, AND SERVICES INCLUDED:CASE MANAGEMENT (INFORMAL) AND REFERRAL SERVICES AFTER-SCHOOL YOUTH PROGRAMON-LINE COMPUTER ACCESS AND TRAININGADULT LEARNING OPPORTUNITIESARTS & CRAFTS FINANCIAL/BUDGETING CLASSES AND NUTRITION CLASSESNATIONAL NIGHT OUT AND HOLIDAY CELEBRATIONSNATIONAL AFFORDABLE HOUSING MANAGEMENT ASSOCIATION (NAHMA) DRUG FREE POSTER ART CONTEST
    Expenses $477,840 · revenue $612,128

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2939665
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,738,155
Income (IRS master file)
$614,007

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$614,007$519,986$1,738,155XML
990December 2023$588,113$465,512$1,713,149XML
990-TDecember 2023–––IRS
990December 2022$582,485$698,758$1,666,546IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-2939665).

Questions about TG 302 INC

What is the EIN of TG 302 INC?
The employer identification number (EIN) of TG 302 INC is 74-2939665.
Is TG 302 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to TG 302 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TG 302 INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TG 302 INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TG 302 INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TG 302 INC?
The 990 for the year ended December 31, 2024 names JACLYN S WOODRING.
Who are the officers and directors of TG 302 INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does TG 302 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $614,007, expenses of $519,986 and total assets of $1,738,155 at year end.

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