San Antonio Affordable Housing

Nonprofit profile at a glance

EIN
742755615
IRS 990 coverage
2012–2024
Forms available
Form 990 2024, Form 990-EZ 2011
Location
San Antonio, TX, USA
Phone
2102073914
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$935,718
Expenses
$1,476,358
Assets
$1,950,866
Liabilities
$49,809

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

Leadership & pay

7 people listed

People named in this filing

  • Susan Wright (Chairman)
  • Maria Nelson (Secretary)
  • Brian D Jarviz (Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

San Antonio Affordable Housing, a 501 (c)(3) nonprofit organization expertise established to develop infrastructure and revitalize neighborhoods through economic and historic preservation.

What it reported doing in 2024

SAAH also provides oversight and execution of five affordable housing programs, including the due diligence, acquisition, maintenance and disposition of properties related to the Affordable Housing program, REnewSA housing program and the Infill Pilot program. Additionally, in accordance with a funding agreement between SAAH and the City dated February 19, 2020, SAAH undertook activities on behalf of the City to acquire vacant lots to redevelop and build, for the fiscal year 2020 Inner City Infill Rehabilitation Program and the Inner City Infill New Construction Program, in conformity with City plans and policies. This activity is maintained under SAAHs Affordable Housing Program. In fiscal year 2022, in accordance with funding between SAAH and the City dated January 13, 2022. SAAH shall repair and rehabilitate up to 10 owner-occupied single-family structures that the City has identified as Dangerous Structures or Dangerous Premise for the Residential Demolition Diversion Program. In fiscal year 2022, in accordance with funding between SAAH and the City dated September 8, 2022, SAAH shall administer the Shotgun House Rehabilitation program within this program SAAH shall rehabilitate up to three shotgun type homes. In fiscal year 2023, in accordance with funding agreement between SAAH and the City dated September 15, 2022, for the Economic Development Initiative (EDI) grant program, SAAH shall repair and rehabilitate a mixture of single-family homes for families earning up to 120% AMI and small-scale rental units serving families up to 60% AMI. Separate financial statements of SAAH are not issued.

Operating model

Revenue model
Grant-funded. 70% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.1%; rating input score 83
  • Program expense ratio: 51.7%; rating input score 52
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -57.8%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 1.32; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 15.1% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 14.8% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 10% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 83.1% of revenue deployed · 51.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $764K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Highest-paid contractors: 4 contractors listed · $1M reported
  • Consistency: 18 of 18 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 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.

  • Review — Financial Efficiency: Program expense ratio scored 52/100.
  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.