Organizations Filed Purposes:
The primary exempt purpose of the company is to provide decent, safe and affordable housing to low-income and moderate-income individuals and families.
During 2004, the Corporation was admitted as the .01% successor general partner of MAEDC Gainesville Senior Village ("Summit"), a low-income multifamily LIHTC tax credit project. Summit was organized to construct and operate a 76 unit senior complex in Gainesville, Texas and is subject to land use agreements restricting tenant incomes.During 2019, the Corporation was admitted as the 2% managing member of BSPV-Plano, LLC, a 318 unit senior multifamily project in Plano, TX. The project, known as Bridgemoor at Plano, must lease 20% of its units to individuals and families whose income does not exceed 50% of the area median family income. The project was under construction at 12/31/19.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sheldon Schreiberg | Secretary | 5 | $0 |
| Frederick D Schnurr | Executive Dir. | 5 | $0 |
| Berri Mcbride | Vice President | 5 | $0 |
| Lori Jordan | President | 5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003219349302185_public.xml