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Merced Housing Texas

San Antonio, TX · EIN 74-2740889 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Merced Housing Texas reported $13.6 million in revenue and $14.0 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $91.79 went to program services, $6.45 to management and general costs and $1.76 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 71.0% of the total. Government grants made up 24.7%. The highest compensation it reported for one person was $247,089 (PRESIDENT). 4 people received more than $100,000 in reportable compensation. Revenue rose 62% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $14M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
91.8%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
6.5%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
1.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.07$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
26.7%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
24.7%1.0%
Program service revenue share
Part VIII 2g ÷ 12
71.0%66.2%
Highest reported compensation
Part VII-A, columns D–F
$247,089$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.77%1.57%
People paid over $100,000
Part VII, line 2
45
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
12.010.0
Independent voting board members
Part VI 1a–1b
12 of 12100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$10M expenses · 81.5% of program spending · grants $18,000 · revenue $10M

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

$1.5M expenses · 11.8% of program spending · grants $892K · revenue $1.0M

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 805 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 pre-1950s (21%) and 1960-1980s (50%). Many older homes have electrical and plumbing concerns, poor/no insulation, foundation issues, and…

$868K expenses · 6.8% of program spending · grants $14,925 · revenue $238K

Resident/Supportive Services: Merced recognizes that many factors affect a persons budget 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…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Officer, 40.00 hrs/week
$235,002$0$12,087$247,089
VICE PRESIDENT
Officer, 40.00 hrs/week
$136,070$0$3,303$139,373
DIR OF EXT. RELAT.
Listed in Part VII, 40.00 hrs/week
$123,961$0$12,497$136,458
TREASURER
Officer, 40.00 hrs/week
$118,771$0$6,836$125,607
SECRETARY/DIRECTOR OF ASSET MGMT
Listed in Part VII, 40.00 hrs/week
$87,105$0$0$87,105

4 people received more than $100,000 in reportable compensation from Merced Housing Texas (Part VII, line 2). Compensation of current officers, directors and key employees totaled $701K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$14M$14M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$14M$14M91.8%$14M$247,089
FY2024 ⓘ$12M$13M93.6%$12M$224,073
FY2023 ⓘ$11M$12M93.4%$12M$177,032
FY2022 ⓘ$9.9M$8.9M91.7%$8.7M$147,462
FY2021 ⓘ$12M$7.8M91.4%$7.8M$122,525
FY2020 ⓘ$8.4M$6.8M91.9%$3.9M$105,966

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 524
  • Volunteers Part I, line 6210

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
SOUTHERN WALL SYSTEM II LLC
Repair/maintenance
$1,473,940
CESAR J LOPEZ DBA CESARS REMODELING
Repair/maintenance
$305,196
DICKSON
Repair/maintenance
$206,247
BG CONSTRUCTOR SOLUTIONS
Repair/maintenance
$206,124
JOSE A NAVARRO DBA TONY NAVARRO CONSTT
Repair/maintenance
$179,740

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

5 private foundations reported grants to Merced Housing Texas totaling $21,384 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Merced Housing Texas's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Merced Housing Texas, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Texas

Questions people ask

How much of Merced Housing Texas's spending goes to programs?

In the fiscal year ending June 30, 2025, Merced Housing Texas reported that 91.8% of its $14.0 million in expenses went to program services, 6.5% to management and general and 1.8% to fundraising (Form 990, Part IX).

How much does Merced Housing Texas pay its top executive?

The largest total compensation Merced Housing Texas reported for one person in the fiscal year ending June 30, 2025 was $247,089, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Merced Housing Texas get its money?

Of $13.6 million in revenue in the fiscal year ending June 30, 2025, 26.7% came from contributions and grants (including 24.7% from government grants) and 71.0% from program service revenue (Form 990, Part VIII).

Is Merced Housing Texas a registered charity?

The IRS lists EIN 74-2740889 as a 501(c)(3) organization (publicly supported organization (509(a)(2))). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349313783 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202521269349302847 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421359349309582 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301039349300040 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241029349301329 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121339349304077 · read the filing

All filings for EIN 74-2740889: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.