MERCED HOUSING TEXAS

EIN: 742740889 501(c)(3)

SAN ANTONIO, TX

Total Revenue
$12,166,550
Total Expenses
$13,303,087
Total Assets
$56,361,854
Net Assets
$12,017,894
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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
TX
Principal Officer
KRISTIN L DAVILA
Phone
2102810234
Tax Period
2023-07-01 to 2024-06-30

MERCED HOUSING TEXAS, founded in 1995, is a mid-sized nonprofit that reported $12.2M in total revenue in fiscal year 2023.

Mission

Merced Housing Texas mission is to create and strengthen healthy communities by providing quality, affordable housing with supportive services for individuals, families, and older adults living in low-income households.

Program Service Accomplishments

Program 1
Expenses: $10,357,908 Revenue: $8,296,458

Multifamily Affordable Housing: Merced offers 1,619 quality, affordable homes within multifamily apartment communities owned or developed by Merced located in San Antonio, Corpus Christi, Conroe...

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Multifamily Affordable Housing: Merced offers 1,619 quality, affordable homes within multifamily apartment communities owned or developed by Merced located in San Antonio, Corpus Christi, Conroe, Somerset, Karnes City, Goliad, and Fort Worth, Texas. Merced serves individuals who make at/below 80% Area Median Income (AMI) which is considered low-income. Most individuals we assist have incomes between 30-60% AMI which is classified as extremely-low-income to very-low-income.

Program 2
Expenses: $1,426,864

Owner Occupied Repair Program: Since 2002, Merced has provided critical health and safety repairs for homeowners living on low incomes whose homes have deteriorated to where the home is no longer a...

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Owner Occupied Repair Program: Since 2002, Merced has provided critical health and safety repairs for homeowners living on low incomes whose homes have deteriorated to where the home is no longer a safe or healthy living environment. To date, Merced has helped over 781 older adult homeowners or homeowners living with disabilities safely age in place through health, safety, and ADA-accessible related home repairs. The age of homes repaired by OORP ranges from 21% built pre-1950s and 58% built from 1960-1980s. Many older homes have electrical and plumbing concerns, poor/no insulation, foundation issues, and lead-based paint. Costs to repair range from $5,700 (plumbing) to $14,000 (electrical). The average repair costs range from $15,000 to $25,000/house. From initial home assessment to construction completion, the average time is 6-12 month for San Antonio homes and 4-6 months for homes within Bexar County.

Program 3
Expenses: $665,092 Revenue: $131,200

Resident/Supportive Services: Merced recognizes that many factors affect a personsbudget and housing stability. Our Resident Services team helps residents living in Merceds affordable housing...

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Resident/Supportive Services: Merced recognizes that many factors affect a personsbudget and housing stability. Our Resident Services team helps residents living in Merceds affordable housing communities to address basic needs as well as personal pursuits of good health, education, and financial stability. Through the Resident Services program, Merced provides educational resources and activities focused to support housing stability and prevent unplanned moves or eviction. The Social Determinants of Health inform our key areas of focus and intentionality to provide safety, security, and stability for residents. These key areas are financial stability, community engagement, health/wellness, enrichment/education, and food security. The overall goals and objectives for Resident Services are greater housing and financial stability; better physical health; and improved mental, financial, and social wellness. Last year, Merced Resident Services connected thousands of vital local community resources to residents.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,582,711
Program Service Revenue $9,236,771
Investment Income $189,424
Other Revenue $157,644
TOTAL REVENUE $12,166,550

Expense Breakdown

Grants Paid $727,127
Salaries & Benefits $1,957,234
Fundraising Expenses $129,442
Program Expenses $12,449,864
Other Expenses $10,618,726
TOTAL EXPENSES $13,303,087

Year-over-Year Comparison

2023 2022 Change
Revenue $12,166,550 $11,389,312 +0.1%
Expenses $13,303,087 $11,851,292 +0.1%
Net Income $-1,136,537 $-461,980 +1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
23
Volunteers
420

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
5
$445,577
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN L DAVILA President 40.00
Officer
$216,203 $7,870 $224,073
SONIA PEREZ LOPEZ DIR OF EXT. RELAT. 40.00
$113,240 $0 $113,240
JOHNNY CAMPOS Treasurer 40.00
Officer
$111,130 $0 $111,130
JESSE FLORES JR Vice President 40.00
Officer
$110,374 $0 $110,374
SR JANE ANN SLATER VICE CHAIR 1.00
Officer Director
$0 $0 $0
BARBARA ALVAREZ Director 1.00
Director
$0 $0 $0
MALINDA A GAUL Director 1.00
Director
$0 $0 $0
KIRKLAN KING CHAIR 1.00
Officer Director
$0 $0 $0
ED WHITE JR Director 1.00
Director
$0 $0 $0
DAHLIA B GARCIA Director 1.00
Director
$0 $0 $0
SR SUSAN MIKA OSB Director 1.00
Director
$0 $0 $0
SR RITA NEALON SHSP Director 1.00
Director
$0 $0 $0
LESLIE ELLENBOGEN Director 1.00
Director
$0 $0 $0
JUDY H TREVINO Director 1.00
Director
$0 $0 $0
BEATRICE BRISENO Director 1.00
Director
$0 $0 $0
MARY HITT Director 1.00
Director
$0 $0 $0
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 No data No data No data No data
2024 $12,166,550 $13,303,087 $56,361,854 $-1,136,537
2023 $11,389,312 $11,851,292 $58,147,612 $-461,980
2022 $9,858,961 $8,902,622 $50,611,683 $956,339
2021 $11,573,282 $7,779,766 $43,404,822 $3,793,516
2020 $8,382,589 $6,751,017 $39,047,515 $1,631,572
2019 $6,801,291 $7,361,254 $39,523,794 $-559,963
2018 $5,878,196 $6,214,922 $31,402,369 $-336,726
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