Affordable Homes of South Texas Inc

EIN: 741883434 501(c)(3) Housing & Shelter

McAllen, TX

Total Revenue
$9,057,767
Total Expenses
$9,270,501
Total Assets
$129,742,816
Net Assets
$55,919,961
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
TX
Principal Officer
Myra Martinez
Phone
9566876263
Tax Period
2024-10-01 to 2025-09-30

Affordable Homes of South Texas Inc, founded in 1976, is a community nonprofit in the Housing & Shelter sector that reported $9.1M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Net assets of $55.9M represent 74 months of operating reserves.

Mission

Affordable Homes of South Texas, Inc. is organized for the purpose of providing housing for qualified low-income families within the City of McAllen, Texas and Hidalgo County, Texas.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,762,405
Program Service Revenue $4,451,918
Investment Income $283,329
Other Revenue $1,560,115
TOTAL REVENUE $9,057,767

Expense Breakdown

Grants Paid $1,182,526
Salaries & Benefits $3,520,860
Fundraising Expenses $54,198
Program Expenses $5,872,620
Other Expenses $4,567,115
TOTAL EXPENSES $9,270,501

Year-over-Year Comparison

2024 2023 Change
Revenue $9,057,767 $12,056,686 -0.2%
Expenses $9,270,501 $10,932,199 -0.2%
Net Income $-212,734 $1,124,487 -1.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
76
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$387,001
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elias Lozano President 4.00
Director
$0 $0 $0
Rafael Munguia Vice President 4.00
Director
$0 $0 $0
Brent Baldree Secretary 4.00
Director
$0 $0 $0
Sergio Melendez Treasurer 4.00
Director
$0 $0 $0
Connie Garza Board Member 4.00
Director
$0 $0 $0
Piedad Martinez Board Member 4.00
Director
$0 $0 $0
Gilbert Garza Jr Board Member 4.00
Director
$0 $0 $0
Edna Martinez Board Member 4.00
Director
$0 $0 $0
Lorena Castillo Board Member 4.00
Director
$0 $0 $0
Rosie Ovalle Board Member 4.00
Director
$0 $0 $0
Loli Flores Board Member 4.00
Director
$0 $0 $0
Myra Martinez President & CEO 40.00
Officer
$113,112 $10,667 $123,779
Cynthia Torres Chief Financial Officer 40.00
Officer
$102,948 $10,058 $113,006
Robert Calvillo Fmr Executive Director 40.00
Officer
$138,052 $12,164 $150,216
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $9,057,767 $9,270,501 $129,742,816 $-212,734
2024 $12,056,686 $10,932,199 $114,816,759 $1,124,487
2023 $9,808,440 $9,768,586 $113,916,339 $39,854
2022 $9,163,673 $8,000,401 $103,488,334 $1,163,272
2021 $12,658,427 $10,227,779 $104,276,235 $2,430,648
2020 $9,078,839 $8,023,772 $94,644,154 $1,055,067
2019 $7,647,575 $7,547,759 $85,813,689 $99,816
2018 $8,645,847 $8,465,530 $87,715,422 $180,317
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