TG 110 INC | LEXINGTON MANOR APARTMENTS

CORPUS CHRISTI, TX | Nueces County
Affordable Housing

Overview

TG 110 INC | LEXINGTON MANOR APARTMENTS
74-2699492
5201 KOSTORYZ RD
CORPUS CHRISTI, TX 78415
Nueces County
(210) 821-4300

Mission Statement info

PROVIDES LOW-INCOME HOUSING AND RESIDENT SOCIAL AND EDUCATIONAL SERVICES.

Founded info
1994
Total Employees info
0
Total Volunteers info
6
CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
Awards & Certifications info
  • LIHTC Recipient
Nonprofit Classification (NTEE Code) info
L21

L - Housing, Shelter

Low-Income & Subsidized Rental Housing

Organizations that develop, rehabilitate, manage and/or provide rental housing that is available to people who qualify on the basis of income, age or disability for publicly subsidized housing e.g., HUD housing or housing assistance under Section 8 of the Housing and Urban Development Act.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
531110
Pension Funds

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
LEXINGTON MANOR APTS

 
Corpus Christi, TX
Amount info
Not reported
Project Year info
Not Confirmed
Allocation Year info
2014
Total Units info
Not reported
Low-Income Units info
Not reported
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • None reported
Special Programs & Financing info
  • None reported
Targeted Population info
  • Other

IRS Summary

Income
$2M
Revenue
$-1,304,955
Assets
$4M
Exempt Ruling Date info
2002-11
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
Not reported
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
5201 KOSTORYZ RD
CORPUS CHRISTI, TX 78415
Nueces County
FIPS Geocoded Address info
18580
MSA/CBSA info
48
State info
355
County info
0019.02
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
Corpus Christi, TX
Combined Statistical Area info
Corpus Christi-Kingsville- Alice, TX
Metropolitan Division info
Not located in an MD.
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 89.84%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0019.02 Nueces County
Population
Total Population 8,163 361,540
Total Households 2,614 129,451
Income
Median Family Income (Census*) $46,186 $55,919
Median Family Income (2019 FFIEC) $67,100 N/A
Tract Income Percentage 79.13% N/A
Below Poverty Level 26.1% 16.6%
Unemployment Level 10.6% 5.7%
Housing
Total Housing Units 2,724 149,287
Total Owner-Occupied Units 54.0% 58%
Total Renter-Occupied Units 41.9% 42%
Total Vacant Units 4.0% 9.5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

6
Total Voting Members
in Governing Body
info
6
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Gilbert M Piette
(210) 342-8000
Principal Officer info
Gilbert M Piette
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.