Tg 110 Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O
- Income
- $1.5 million
- Spending
- $1.5 million
- Spent on programs
- 93%
- Reserves
- 25.6 months of spending
- Largest source of income
- fees for its services, 94%
- Employees
- 0
- Volunteers
- 5
- 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
Strong: 93 out of 100. Higher than 85% of charities in its peer group (housing, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 25.6 months of spending.
Debt
16 of 20It owes 24% of what it owns.
Living within its means
12 of 15Income exceeded spending by 0% of income.
Income trend
15 of 15Income rose 41% on the year before.
Spending floor
15 of 1593% 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
Strong: 90 out of 100. Higher than 51% of charities in its peer group (housing, $1m to $10m).
Independent board
25 of 255 of 5 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports 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)
- $1.4 million spent. THE FOLLOWING TAX EXEMPTIONS CONTINUED TO BE RECEIVED: INTERNAL REVENUE SERVICE 501(C)(3) INCOME TAX EXEMPTION. NUECES COUNTY, TEXAS, APPRAISAL DISTRICT PROPERTY TAX EXEMPTIONS. STATE OF TEXAS FRANCHISE TAX EXEMPTION. STATE OF TEXAS SALES TAX EXEMPTION.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 VILLAGE AT GREENWOOD GP, LLC THAT PURCHASED LAND TO CONSTRUCT, OWN, AND OPERATE THE 69-UNIT VILLAGE AT GREENWOOD APARTMENTS. THE PROJECT COMPLETED CONSTRUCTION IN 2022. A TEXAS GENERAL OFFICE CONSTRUCTION GRANT PROVIDED THE PRIMARY CONSTRUCTION FUNDING.TAX CREDIT ENTITIES:THE ORGANIZATION FORMED ENTITIES TO ACQUIRE, DEVELOP, CONSTRUCT, AND OPERATE LOW-INCOME MULTIFAMILY PROPERTIES IN CORPUS CHRISTI, TEXAS USING TAX CREDITS. THE ORGANIZATION THROUGH SINGLE MEMBER LIMITED LIABILITY COMPANIES AND LIMITED PARTNERSHIPS MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF HUD AND THE TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 LEXINGTON GP, LLC, WHICH IS THE GENERAL PARTNER IN THE 110 LEXINGTON, LP THAT OWNS AND OPERATES THE 153-UNIT LEXINGTON MANOR APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF THE PALMS AT LEOPARD GP, LLC, WHICH IS THE GENERAL PARTNER IN THE PALMS AT LEOPARD, LTD. THAT OWNS AND OPERATES THE 120-UNIT PALMS AT LEOPARD APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF WCA GP, LLC, WHICH IS THE GENERAL PARTNER IN WCA, LP THAT OWNS AND OPERATES THE 94-UNIT WOODLAND CREEK APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 GLENOAK LP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 GLENOAK, LP THAT OWNS AND OPERATES THE 68-UNIT GLENOAK APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF PROSPERAHCS CALALLEN GP, LLC, WHICH IS THE GENERAL PARTNER IN PROSPERAHCS CALALLEN, LP THAT OWNS AND OPERATES THE 96-UNIT CALALLEN APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 SAMUEL PLACE GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 SAMUEL PLACE, LP THAT OWNS AND OPERATES THE 60-UNIT SAMUEL PLACE APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 VILLAGE AT HENDERSON GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 VILLAGE AT HENDERSON, LP THAT OWNS AND OPERATES THE 88-UNIT VILLAGE AT HENDERSON APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 CASA DE MANANA GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 CASA DE MANANA, LP THAT OWNS AND OPERATES THE 99-UNIT CASA DE MANANA APARTMENTS.THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 VILLAGE AT MCARDLE GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 VILLAGE AT MCARDLE, LP THAT OWNS AND OPERATES THE 82-UNIT VILLAGE AT MCARDLE APARTMENTS. THE ORGANIZATION CONTINUED AS THE SOLE MEMBER OF TG 110 PALMS AT BLUCHER PARK GP, LLC, WHICH IS THE GENERAL PARTNER IN TG 110 PALMS AT BLUCHER PARK, LP THAT OWNS AND OPERATES THE 72-UNIT PALMS AT BLUCHER PARK APARTMENTS.
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
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.
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.
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.
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.
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.
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.