Organizations Filed Purposes:
THE CORPORATION WAS ORGANIZED ON APRIL 19, 1989 AS A NON-PROFIT CORPORATION TO, AMONG OTHER THINGS, ACQUIRE AN INTEREST IN REAL PROPERTY LOCATED IN KERRVILLE, TEXAS, AND TO CONSTRUCT AND OPERATE THEREON AN APARTMENT COMPLEX OF FIFTEEN UNITS (ONE TO BE USED BY THE ONSITE PROPERTY MANAGER), UNDER SECTION 811 OF THE NATIONAL HOUSING ACT. SUCH PROJECTS ARE REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS. THE CONSTRUCTION OF THE APARTMENT COMPLEX WAS COMPLETED IN DECEMBER 2005. RENT ON THE APARTMENT UNITS BEGAN ON DECEMBER 26, 2005. A CAPITAL ADVANCE IN THE AMOUNT OF 1,088,300 WAS FUNDED BY HUD FOR THE CONSTRUCTION AND ADMINISTRATION OF THE PROJECT. THIS CAPITAL ADVANCE WILL BEAR NO INTEREST AND REPAYMENT IS NOT REQUIRED WHILE THE HOUSING REMAINS AVAILABLE FOR VERY LOW-INCOME PERSONS WITH DISABILITIES IN STRICT COMPLIANCE WITH SECTION 811 OF THE NATIONAL HOUSING ACT.
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 |
|---|
| Lois Shaw | BOARD MEMBER | 0 | $0 |
| Willie G Morales | BOARD MEMBER | 0 | $0 |
| Karen Mattox | BOARD MEMBER | 0 | $0 |
| William Bill Matthews | BOARD MEMBER | 0 | $0 |
| Rob Lohmeyer | BOARD MEMBER | 0 | $0 |
| Barbara Lindner | BOARD MEMBER | 0 | $0 |
| Marilyn Ketcherside | BOARD MEMBER | 0 | $0 |
| Father Tom Murray Ii | BOARD MEMBER | 0 | $0 |
| Pam Cann | BOARD MEMBER | 0 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202141379349304944_public.xml