Civic Intelligence

Mcallen Housing Development Corporation

EIN 47-2362705 • 501(c)3 • McAllen, TX

Profile

The Corporation operates as an instrumentality of the Housing Authority of The City of McAllen to provide decent, safe, affordable housing to eligible low income individuals in conjunction with promoting family self-sufficiency

1200 North 25th StMcAllen, TX 78501

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.12x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

55th percentile

6.8%

Higher net margin than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

42nd percentile

1.1%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

6th percentile

-43%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,287,140

Up $35,963 (+1.1%) from 2023

Liabilities

Down

$69,155

Down $4,253 (-5.8%) from 2023

Net Assets

Up

$3,217,985

Up $40,216 (+1.3%) from 2023

Revenue

Down

$593,099

Down $444,816 (-43%) from 2023

Expenses

Down

$552,883

Down $49,387 (-8.2%) from 2023

Net Income

Down

$40,216

Down $395,429 (-91%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2015: $934,452Liabilities 2015: $0Net Assets 2015: $934,4522015Assets 2016: $1,055,650Liabilities 2016: $82,757Net Assets 2016: $972,8932016Assets 2017: $1,193,583Liabilities 2017: $161,101Net Assets 2017: $1,032,4822017Assets 2018: $1,236,101Liabilities 2018: $160,651Net Assets 2018: $1,075,4502018Assets 2019: $1,296,040Liabilities 2019: $160,509Net Assets 2019: $1,135,5312019Assets 2020: $2,817,402Liabilities 2020: $232,318Net Assets 2020: $2,585,0842020Assets 2021: $2,745,128Liabilities 2021: $57,792Net Assets 2021: $2,687,3362021Assets 2022: $2,804,894Liabilities 2022: $62,770Net Assets 2022: $2,742,1242022Assets 2023: $3,251,177Liabilities 2023: $73,408Net Assets 2023: $3,177,7692023Assets 2024: $3,287,140Liabilities 2024: $69,155Net Assets 2024: $3,217,9852024

Highlighted filing

2024

Assets$3,287,140
Liabilities$69,155
Net Assets$3,217,985

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0Revenue 2015: $37,234Expenses 2015: $21,839Net Income 2015: $15,3952015Revenue 2016: $108,168Expenses 2016: $55,615Net Income 2016: $52,5532016Revenue 2017: $124,953Expenses 2017: $65,364Net Income 2017: $59,5892017Revenue 2018: $133,529Expenses 2018: $91,531Net Income 2018: $41,9982018Revenue 2019: $205,642Expenses 2019: $145,174Net Income 2019: $60,4682019Revenue 2020: $1,891,196Expenses 2020: $441,653Net Income 2020: $1,449,5432020Revenue 2021: $788,883Expenses 2021: $686,631Net Income 2021: $102,2522021Revenue 2022: $578,827Expenses 2022: $524,039Net Income 2022: $54,7882022Revenue 2023: $1,037,915Expenses 2023: $602,270Net Income 2023: $435,6452023Revenue 2024: $593,099Expenses 2024: $552,883Net Income 2024: $40,2162024

Highlighted filing

2024

Revenue$593,099
Expenses$552,883
Net Income$40,216

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 1, 2025
Return Version
2023v6.0
Gross Receipts
$593,099
Mission and Program Overview

Mission

The Corporation operates as an instrumentality of the Housing Authority of The City of McAllen to provide decent, safe, affordable housing to eligible low income individuals in conjunction with promoting family self-sufficiency

The Corporation operates as an instrumentality of the Housing Authority of The City of McAllen to provide decent, safe, affordable housing to eligible low income individuals and promoting family self-sufficiency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,062,601$2,146,796▲ $84,195
Land, Buildings, and Equipment, Net$1,179,266$1,120,622▼ $58,644
Prepaid Expenses and Deferred Charges-$10,356-
Inventories for Sale or Use-$8,639-
Accounts Receivable$1,741$727▼ $1,014
Total Assets$3,251,177$3,287,140▲ $35,963
Other Assets Total$7,569--
Liabilities
Other Liabilities$62,601$63,368▲ $767
Accounts Payable and Accrued Expenses$10,807$5,787▼ $5,020
Total Liabilities$73,408$69,155▼ $4,253
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,998,503$2,097,363▲ $98,860
Net Assets With Donor Restrictions$1,179,266$1,120,622▼ $58,644
Total Net Assets Fund Balance$3,177,769$3,217,985▲ $40,216
Total Liabilities and Net Assets / Fund Balance$3,251,177$3,287,140▲ $35,963

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$518,776$3,251,711$3,770,487
Leasehold Improvements$63,335$1,128,107$1,191,442
Land$528,500-$528,500
Equipment$10,011$184,953$194,964
Compensation and Service Providers

Board Members and Trustees

NameTitle
Elva M CerdaChair
Eliseo SalinasVice Chair
Kristel GarciaDirector
Marc D GarciaDirector
Rodolfo RamirezExecutive Director
Daniel DelgadoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$593,099
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$40,216

Audited Revenue Reconciliation

Revenue per Audited Statements
$593,099
Total Revenue per Audited Statements
$593,099
Total Revenue per Form 990
$593,099
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$552,883
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Office Expenses$126,128--$126,128
Depreciation Depletion$67,603--$67,603
Other Expenses$40,471--$40,471
Insurance$38,638--$38,638
All Other Expenses$29,772--$29,772
Information Technology$14,177--$14,177
Fees for Services Accounting$1,812--$1,812
Total Functional Expenses$552,883$0$0$552,883

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$552,883
Total Expenses per Audited Statements$552,883
Total Expenses per Form 990$552,883
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes$41,070
Compensated Absences$20,398
Accrued Liabilities$1,900
Due to Other Funds-
Tenant Security Deposits-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

There are no diffeences in voting rights among members of the governing body and the governing body has not delegated any authority to any executive committee or similar committee.

Form 990, Part VI, Section A, Line 1A

There are no differences in voting rights among members of the governing body.

Form 990, Part VI, Section A, Line 7A

The Board of Directors adhere to the articles of incorporation and the by-laws. Meetings are held monthly and the officers and employees are given direction through resolutions and policies.

Form 990, Part VI, Section B, Line 11B

Form 990 and its supporting schedules are reviewed by the executive director, Deputy Director, and the Finance Director to esnure that it is consistent with the financial data submitted to HUD.

Form 990, Part VI, Section B, Line 12C

Directors and employees are required to disclose any conflicts of interest. Board of Directors any employee affiliations are subject to state and city inquires to the Open Meetings Act covering conflicts of interest as well as declaration of non-conflict of interest.

Form 990, Part VI, Section C, Line 18

All meeting and documents are subject to state and city inquires to the Open Meetings Act covering conflicts of interest as well as declaration of non-conflict of interest.

Form 990, Part VI, Section C, Line 19

The organization prepared its financial statements using accounting methods as they relate to Fund Accounting for Non-Profit entities in accordance with GAAP. The organization makes its financial records available to the public and any interested party upon request. Its polices are documented and made available under the same process.

Filing and Contact Details

Filer

Filer Name
Mcallen Housing Development Corporation
EIN
47-2362705
Phone
9566863951
Address
1200 North 25th St, McAllen, TX 78501

Signing Officer

Name
Rodolfo Ramirez
Title
Executive Director
Phone
9566863951
Signed
2025-05-01
Discuss with paid preparer
No

Organization Details

Principal Officer
Rodolfo Ramirez
Formed
2014
Legal Domicile
TX
Voting Board Members
4
Independent Board Members
4
Employees
0

Preparer

Firm
Cascos & Associates PC
Address
765 E 7th Street, Brownsville, TX 78520
Preparer
Alfredo Vera
Phone
9565447778
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IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0593099
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0552883
IRS990/ScheduleJRequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0There are no diffeences in voting rights among members of the governing body and the governing body has not delegated any authority to any executive committee or similar committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1There are no differences in voting rights among members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board of Directors adhere to the articles of incorporation and the by-laws. Meetings are held monthly and the officers and employees are given direction through resolutions and policies.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 and its supporting schedules are reviewed by the executive director, Deputy Director, and the Finance Director to esnure that it is consistent with the financial data submitted to HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Directors and employees are required to disclose any conflicts of interest. Board of Directors any employee affiliations are subject to state and city inquires to the Open Meetings Act covering conflicts of interest as well as declaration of non-conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5All meeting and documents are subject to state and city inquires to the Open Meetings Act covering conflicts of interest as well as declaration of non-conflict of interest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The organization prepared its financial statements using accounting methods as they relate to Fund Accounting for Non-Profit entities in accordance with GAAP. The organization makes its financial records available to the public and any interested party upon request. Its polices are documented and made available under the same process.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 1a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, Line 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19
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IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingNACd1N/A
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IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C Corp
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0Real Estate Management
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1Real Estate Rental
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0MHA Hibiscus Village GP LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1McAllen Housing Facility Corporation
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01200 N 25th St
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt11200 N 25th St
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0McAllen
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1McAllen
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1TX
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd078501
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd178501
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03251177
IRS990/TotalAssetsEOYAmt03287140
IRS990/TotalAssetsGrp/BOYAmt03251177
IRS990/TotalAssetsGrp/EOYAmt03287140
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0552883
IRS990/TotalFunctionalExpensesGrp/TotalAmt0552883
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt073408
IRS990/TotalLiabilitiesEOYAmt069155
IRS990/TotalLiabilitiesGrp/BOYAmt073408
IRS990/TotalLiabilitiesGrp/EOYAmt069155
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03177769
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03217985
IRS990/TotalProgramServiceExpensesAmt0552883
IRS990/TotalProgramServiceRevenueAmt0593099
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0593099
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0593099
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03251177
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03287140
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01200 North 25th Street
IRS990/USAddress/CityNm0McAllen
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd078501
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0Rodolfo Ramirez
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09566863951
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Mcallen Housing Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0MCAL
ReturnHeader/Filer/EIN0472362705
ReturnHeader/Filer/PhoneNum09566863951
ReturnHeader/Filer/USAddress/AddressLine1Txt01200 North 25th St
ReturnHeader/Filer/USAddress/CityNm0McAllen
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd078501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832842934
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Cascos & Associates PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0765 E 7th Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brownsville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TX
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd078520
ReturnHeader/PreparerPersonGrp/PhoneNum09565447778
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alfredo Vera

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