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Nonprofit · EIN 74-2699491

T G 108 INC

Also known as LAREDO MANOR APTS

Tax-exempt · SAN ANTONIO, TX 78217

Financials

$905K$998K2023$939K$1.1M2024
Revenue Expenses · by fiscal year end
Financials of T G 108 INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$939,397$1,068,240-$128,843$3,048,345$1,057,180$1,991,165
December 31, 2023990$904,893$997,899-$93,006$3,249,331$1,129,323$2,120,008
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$906,021
Investment income
$3,454
Other revenue
$29,922

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$156,381
Salaries, compensation and benefits (total)
$203,949
Professional fundraising fees
$0
Accounting fees
$20,353
Occupancy
$345,276
Depreciation
$181,552
Program services (functional)
$869,673
Management and general (functional)
$198,567

Balance sheet and other

Total assets, start of year
$3,249,331
Total assets, end of year
$3,048,345
Total liabilities, end of year
$1,057,180
Net assets, end of year
$1,991,165
Land, buildings and equipment
$2,233,269
Net assets without donor restrictions
$1,991,165
Gross receipts
$939,397
Employees
0
Volunteers
5
Year formed
1994
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
ANGELICA GRANADOSVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
EMILY CASTANEDACHAIR
Trustee or director, Officer
0.1$0$0$0
MARIA VASQUEZVICE CHAIR (OUTGOING)
Trustee or director, Officer
0.1$0$0$0
RAFAEL TORRESASST SECRETARY/TREASURER
Trustee or director, Officer
0.1$0$0$0
RENE GONZALEZSECRETARY
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2023: 6 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
EMILY CASTANEDACHAIR
Trustee or director, Officer
0.1$0$0$0
MARIA VASQUEZVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
RAFAEL TORRESASST SECRETARY/TREASURER
Trustee or director, Officer
0.1$0$0$0
RENE GONZALEZSECRETARY
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 DECEMBER 20, 1994. THE MISSION OF THE ORGANIZATION IS TO PRESERVE ASSISTED HOUSING FOR VERY LOW, LOW AND MODERATE INCOME FAMILIES, DEVELOP A STRONG RESIDENT COMMUNITY AND PROMOTE SELF-SUFFICIENCY.THE PRIMARY ACTIVITY OF THE ORGANIZATION IS THE OWNERSHIP AND OPERATION OF THE LAREDO MANOR APARTMENTS, WHICH IS A 100-UNIT APARTMENT COMPLEX LOCATED AT 300 MANN ROAD, LAREDO, TX 78041 FOR THE BENEFIT OF LOW-INCOME FAMILIES AND INDIVIDUALS MAKING LESS THAN 80% OF AREA MEDIAN INCOME (AMI). 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 20 UNITS. THE HAP RENT ASSISTED UNITS ARE MADE AVAILABLE TO FAMILIES AND INDIVIDUALS WITH INCOMES OF LESS THAN 30% OF AMI.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING THE REPORTING PERIOD, THE ORGANIZATION SUSTAINED THE HUD PROPERTY BASED SECTION 8 HAP CONTRACT AND CONTINUED TO MAKE 20 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. WEBB 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 SERVICESAFTER-SCHOOL YOUTH PROGRAMON-LINE COMPUTER ACCESS AND TRAINING ADULT LEARNING OPPORTUNITIESFOOD BANK SERVICESSUMMER YOUTH ACTIVITIES PROGRAMNATIONAL NIGHT OUTHOLIDAY CELEBRATIONSA LUNCH NUTRITION PROGRAM FOR THE ELDERLYMEALS ON WHEELS NUTRITION PROGRAM
    Expenses $869,673 · revenue $935,943

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
74-2699491
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)
$3,048,345
Income (IRS master file)
$939,397

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$939,397$1,068,240$3,048,345XML
990December 2023$904,893$997,899$3,249,331XML
990December 2022$875,829$1,027,881$3,442,862IRS
990December 2021–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 74-2699491).

Questions about T G 108 INC

What is the EIN of T G 108 INC?
The employer identification number (EIN) of T G 108 INC is 74-2699491.
Is T G 108 INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to T G 108 INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does T G 108 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 T G 108 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 T G 108 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 T G 108 INC?
The 990 for the year ended December 31, 2024 names JACLYN S WOODRING.
Who are the officers and directors of T G 108 INC?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does T G 108 INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $939,397, expenses of $1,068,240 and total assets of $3,048,345 at year end.

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