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Tg 102 Inc

EIN 74-2699473 · San Antonio, TX

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair53 out of 100GovernanceGood80 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE ORGANIZATION WAS INCORPORATED AS A NONPROFIT CORPORATION IN THE STATE OF TEXAS ON MAY 10, 1994. THE MISSION OF THE ORGANIZATION IS TO PROVIDE DECENT, SAFE AND SANITARY HOUSING FOR LOW-INCOME HOUSEHOLDS AND TO CREATE OPPORTUNITIES AND INCENTIVES FOR RESIDENTS TO ACHIEVE SELF-SUFFICIENCY. THE ORGANIZATION IS SOLE MEMBER OF OM/OV GP, LLC, GENERAL PARTNER OF OM/OV, LP. THE ORGANIZATION PROVIDES OVERSIGHT AND GUIDANCE FOR THE OWNERSHIP AND OPERATION OF OM/OV, LP OPERATING AS OAK MANOR APARTMENTS, WHICH IS A 229-UNIT APARTMENT COMPLEX LOCATED AT 2330 AUSTIN HIGHWAY, SAN ANTONIO, TEXAS 78218. THE ORGANIZATION, THROUGH ITS OVERSIGHT OF OM/OV, LP, MAINTAINS A. U. S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROPERTY BASED SECTION 8 HOUSING ASSISTANCE PAYMENT (HAP) RENTAL ASSISTANCE CONTRACT FOR 220 UNITS. THE HAP RENT ASSISTED UNITS ARE MADE AVAILABLE TO FAMILIES AND INDIVIDUALS WITH INCOMES OF LESS THAN 30% OF AREA MEDIAN INCOME.

Income
$24,893
Spending
$3.8 million
Spent on programs
100%
Reserves
2 months of spending
Largest source of income
fees for its services, 96%
Employees
0
Volunteers
4
Highest pay
$352,294, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 53 out of 100. Higher than 61% of charities in its peer group (housing, under $250k).

  • Reserves

    10 of 35

    Spendable reserves would cover 2.0 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 14988% of income.

  • Spending floor

    15 of 15

    100% of spending went to programs.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 80 out of 100. Higher than 57% of charities in its peer group (housing, under $250k).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $3.7 million spent. THE ORGANIZATION, THROUGH ITS OVERSIGHT OF OM/OV, LP, SUSTAINED THE HUD PROPERTY BASED SECTION 8 HAP CONTRACT AND CONTINUED TO MAKE 220 UNITS AVAILABLE FOR LOW-INCOME FAMILIES AND INDIVIDUALS. THE ORGANIZATION MAINTAINED PROPERTY OPERATIONS INCOMPLIANCE WITH THE REGULATIONS OF HUD AS WELL AS THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS (TDHCA) AND THE CITY OF SAN ANTONIO (COSA). THE ORGANIZATION THROUGH OM/OV, LP HAD PREVIOUSLY RECEIVED FUNDING FOR PROPERTY ACQUISITION AND REHABILITATION FROM THE TDHCA AS PART OF A TAX CREDIT EXCHANGE PROGRAM AND FOR REHABILITATION FROM COSA AS PART OF A RENTAL REHABILITATION PROGRAM AGREEMENT.THE FOLLOWING TAX EXEMPTIONS CONTINUED TO BE RECEIVED:INTERNAL REVENUE SERVICE 501(C) (3) INCOME TAX EXEMPTION.BEXAR COUNTY, TEXAS, APPRAISAL DISTRICT 100% PROPERTY TAX EXEMPTION.STATE OF TEXAS FRANCHISE TAX EXEMPTION.STATE OF TEXAS SALES TAX EXEMPTION. THE ORGANIZATION THROUGH ITS OVERSIGHT OF OM/OV, LP, CONTINUED TO OPERATE AN ON-SITE COMMUNITY LEARNING CENTER AT WHICH THE ORGANIZATION PROVIDED PROGRAMS, ACTIVITIES, AND SERVICES FOR THE YOUTH AND ADULT RESIDENTS. PROGRAMS, ACTIVITIES, AND SERVICES INCLUDED:CASE MANAGEMENT (INFORMAL) AND REFERRAL SERVICESAFTER-SCHOOL YOUTH PROGRAMON-LINE COMPUTER ACCESS AND TRAININGADULT LEARNING OPPORTUNITIES AND SUMMER YOUTH ACTIVITIES PROGRAMNATIONAL NIGHT OUT AND HOLIDAY CELEBRATIONSTO FURTHER ITS MISSION, THE ORGANIZATION MAKES CONTRIBUTIONS TO HOUSING AND COMMUNITY SERVICES, INC. DBA PROSPERA HOUSING COMMUNITY SERVICES (PHCS). PHCS IS A 501(C)(3) INCOME TAX-EXEMPT, NON-PROFIT TAX CORPORATION PROVIDER OF SAFE, HIGH-QUALITY, AFFORDABLE HOUSING WITH SUPPORT SERVICES TO LOW-INCOME RESIDENTS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since November 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.