Merced Housing Texas

Nonprofit profile at a glance

EIN
742740889
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
San Antonio, TX, USA
Phone
2102810234
Rating
87
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$13,592,852
Expenses
$13,954,683
Assets
$58,056,598
Liabilities
$44,121,264

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • KRISTIN L DAVILA (PRESIDENT)
  • JESSE FLORES JR (VICE PRESIDENT)

Highest reported compensation

  • KRISTIN L DAVILA (PRESIDENT): $247,089 total reported compensation
  • JESSE FLORES JR (VICE PRESIDENT): $139,373 total reported compensation
  • SONIA PEREZ LOPEZ (DIR OF EXT. RELAT.): $136,458 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Merced housing Texas mission is to create and strengthen healthy communities byproviding quality, affordable housing with supportive services for individuals, families, and older adults living in low-income households. Merced offers three coreprograms: multifamily affordable housing, critical home repairs, and residentsservices. Merced serves individuals who make at/below 80% area median income (ami).most individuals we assist have incomes between 30-60% ami

What it reported doing in 2024

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 stability for residents. These key areas are financial stability, community engagement, health/wellness, enrichment/education, and food security. The overall goals and objectives for Resident Services are greater housing and financial stability; better physical health; and improved mental, financial, and social wellness. Last year, Merced Resident Services connected thousands of vital local community resources to residents. We have found that residents request or participate in services on average 9 times/year

Operating model

Revenue model
Earned-program. 71% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 93% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 81
  • Accountability: 100
  • Sustainability: 42
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 91.8%; rating input score 92
  • Fundraising efficiency: $14.76 raised per $1 spent on fundraising; rating input score 49; 49th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.1%; rating input score 94; 20th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -2.7%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 4.16; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.76; rating input score 15; 15th percentile among comparable filings
  • Officer compensation ratio: 5.3%; rating input score 48; 48th percentile among comparable filings

Growth

  • Program expense growth: 10.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 91.8% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $12.8M in reported program spending
  • Leadership: top reported pay $247K · 13 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.4M reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, grants, and executive pay
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 19 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 49/100.
  • High — Sustainability: Operating margin scored 22/100.
  • High — Sustainability: Liabilities to assets ratio scored 15/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • Moderate — Sustainability: Officer compensation ratio scored 48/100.