Civic Intelligence

Tg 302 Inc.

990 • Fiscal year 2012 • EIN 74-2939665

Jul 01, 2011 to Jun 30, 2012 • Filed on May 09, 2013

8610 North New Braunfels No 50078217-6397
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

82nd percentile

0.62x

Higher debt load relative to assets than 82% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

33rd percentile

-2.4%

Faster asset growth than 33% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$1,872,151

Down $46,873 (-2.4%) from 2011

Net Assets

Down

$706,799

Down $15,143 (-2.1%) from 2011

Liabilities

Down

$1,165,352

Down $31,730 (-2.7%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$483,631

Up $49,190 (+11%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,941,370Liabilities 2010: $1,238,789Net Assets 2010: $702,5812010Assets 2011: $1,919,024Liabilities 2011: $1,197,082Net Assets 2011: $721,9422011Assets 2012: $1,872,151Liabilities 2012: $1,165,352Net Assets 2012: $706,7992012Assets 2013: $1,836,129Liabilities 2013: $1,088,935Net Assets 2013: $747,1942013Assets 2014: $1,842,834Liabilities 2014: $1,050,423Net Assets 2014: $792,4112014Assets 2015: $1,865,069Liabilities 2015: $1,004,054Net Assets 2015: $861,0152015Assets 2016: $1,865,285Liabilities 2016: $945,962Net Assets 2016: $919,3232016Assets 2017: $1,903,796Liabilities 2017: $875,211Net Assets 2017: $1,028,5852017Assets 2018: $1,926,923Liabilities 2018: $810,162Net Assets 2018: $1,116,7612018Assets 2019: $1,931,922Liabilities 2019: $741,914Net Assets 2019: $1,190,0082019Assets 2020: $1,861,037Liabilities 2020: $782,001Net Assets 2020: $1,079,0362020Assets 2021: $2,023,567Liabilities 2021: $727,982Net Assets 2021: $1,295,5852021Assets 2022: $1,666,546Liabilities 2022: $570,406Net Assets 2022: $1,096,1402022Assets 2023: $1,713,149Liabilities 2023: $494,408Net Assets 2023: $1,218,7412023Assets 2024: $1,738,155Liabilities 2024: $425,393Net Assets 2024: $1,312,7622024

Highlighted filing

2012

Assets$1,872,151
Liabilities$1,165,352
Net Assets$706,799

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2010: $429,6602010Expenses 2011: $434,4412011Expenses 2012: $483,6312012Expenses 2013: $436,2392013Revenue 2014: $483,474Expenses 2014: $438,257Net Income 2014: $45,2172014Revenue 2015: $486,351Expenses 2015: $417,747Net Income 2015: $68,6042015Revenue 2016: $487,270Expenses 2016: $428,962Net Income 2016: $58,3082016Revenue 2017: $509,772Expenses 2017: $400,510Net Income 2017: $109,2622017Revenue 2018: $520,174Expenses 2018: $431,998Net Income 2018: $88,1762018Revenue 2019: $540,968Expenses 2019: $467,721Net Income 2019: $73,2472019Revenue 2020: $500,220Expenses 2020: $619,311Net Income 2020: -$119,0912020Revenue 2021: $665,577Expenses 2021: $454,912Net Income 2021: $210,6652021Revenue 2022: $582,485Expenses 2022: $698,758Net Income 2022: -$116,2732022Revenue 2023: $588,113Expenses 2023: $465,512Net Income 2023: $122,6012023Revenue 2024: $614,007Expenses 2024: $519,986Net Income 2024: $94,0212024

Highlighted filing

2012

Revenue-
Expenses$483,631
Net Income-
Jump To
Filing Snapshot
Filing Period
Jul 1, 2011 to Jun 30, 2012
Signed
May 9, 2013
Return Version
2011v1.5
Gross Receipts
$468,488
Filing and Contact Details

Filer

EIN
74-2939665
Raw XML AppendixShowing 400 of 560 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleJ/Form990ScheduleJPartIII/Explanation0WRITTEN POLICY REGARDING PAYMENT OR REIMBURSEMENT OF EXPENSES LISTED IN PART I, LINE 1A: NOT APPLICABLE SINCE PART I, LINE 1A IS NOT APPLICABLE. PART I, LINE 2: SUBSTANTIATION REQUIRED PRIOR TO PAYMENT OR REIMBURSEMENT OF EXPENSES LISTED IN PART I, LINE 1A: NOT APPLICABLE SINCE PART I, LINE 1A IS NOT APPLICABLE. FURTHERMORE, THE ORGANIZATION DOES NOT PAY OR REIMBURSE THE EXPENSES OF ANY PERSON THAT IS LISTED OR WOULD BE LISTED ON FORM 990, PART VII, LINE 1A. PART I, LINE 3: ESTABLISHMENT OF COMPENSATION: HOUSING AND COMMUNITY SERVICES, INC. (HCS), IS A RELATED 501(C)(3) TAX EXEMPT ORGANIZATION THAT PROVIDES OVERSIGHT SERVICES AND RESIDENT SERVICES COORDINATION TO THE ORGANIZATION. HCS MAINTAINS CONTROL OF THE ORGANIZATION BY ITS POWER TO APPOINT THREE MEMBERS OF THE FIVE-MEMBER BOARD. THE EXECUTIVE DIRECTOR (ED) OF HCS, GILBERT M. PIETTE, ALSO SERVES AS THE UNCOMPENSATED ED OF THE ORGANIZATION. THE HCS BOARD OF DIRECTORS ESTABLISHES A COMPENSATION COMMITTEE ANNUALLY TO REVIEW COMPENSATION FOR THE ED. NONE OF THE ED COMPENSATION IS PAID BY THE ORGANIZATION. WEDGE MANAGEMENT, INC. (WMI) IS A RELATED TAXABLE CORPORATION THAT PROVIDES PROPERTY MANAGEMENT AND ACCOUNTING SERVICES TO THE ORGANIZATION. NHMC-NATIONAL HOUSING MANAGEMENT CORPORATION (NHMC) IS ANOTHER RELATED TAXABLE CORPORATION. THE ED OF THE ORGANIZATION IS ALSO THE CEO OF WMI AND THE PRESIDENT OF NHMC. TOGETHER HCS, WMI, AND NHMC PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE ED. M. STEVEN HENDERSON IS THE CHIEF FINANCIAL OFFICER (CFO) FOR THE ORGANIZATION AND IS ALSO THE CFO FOR HCS, WMI, AND NHMC. TOGETHER HCS AND WMI PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE CFO. THE ED WITH OVERSIGHT FROM THE HCS COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION FOR THE CFO. NONE OF THE CFO COMPENSATION IS PAID BY THE ORGANIZATION. THE ORGANIZATION HAS ELECTED TO USE OPTION 1 (FORM W-2 METHOD) TO REPORT THE C&B OF THE ED AND CFO.
IRS990ScheduleJ/Form990ScheduleJPartIII/ReturnReference0PART I, LINE 1B
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson0GILBERT M PIETTE
IRS990ScheduleJ/Form990ScheduleJPartII/NamePerson1M STEVEN HENDERSON
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs01382
IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs15648
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs012700
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg10
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0178178
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs1154856
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleO/GeneralExplanation/Explanation0FORM 990, PART III, LINE 1: ORGANIZATION'S MISSION: THE MISSION OF THE ORGANIZATION IS TO PRESERVE AFFORDABLE HOUSING FOR FAMILIES, TO PROMOTE A STRONG RESIDENT COMMUNITY, AND TO ASSIST RESIDENTS TO ACHIEVE ECONOMIC INDEPENDENCE. THE PRIMARY ACTIVITY OF THE ORGANIZATION IS TO PROVIDE OVERSIGHT AND GUIDANCE FOR THE OWNERSHIP AND OPERATION OF THE HARRISON MANOR APARTMENTS, A 50-UNIT APARTMENT COMPLEX LOCATED AT 601 SOUTH 17TH STREET, HARLINGEN, TEXAS 78415 FOR THE BENEFIT OF VERY LOW-INCOME RESIDENTS. THE ORGANIZATION MAINTAINS A HUD PROPERTY BASED SECTION 8 HOUSING ASSISTANCE PAYMENT (HAP) CONTRACT FOR ALL 50 UNITS, MAKING THEM AVAILABLE TO FAMILIES AND INDIVIDUALS WITH INCOMES OF LESS THAN 30% OF AREA MEDIAN INCOME (AMI). THE ORGANIZATION WAS INCORPORATED IN THE STATE OF TEXAS ON JANUARY 24, 2000; RECEIVED 501(C)(3) TAX EXEMPTION FROM THE INTERNAL REVENUE SERVICE; AND RECEIVED AND MAINTAINS A 100% PROPERTY TAX EXEMPTION FROM THE CAMERON COUNTY, TEXAS TAX APPRAISAL DISTRICT.
IRS990ScheduleO/GeneralExplanation/Explanation1FORM 990, PART III, LINE 4A: EXEMPT PURPOSE ACHIEVEMENTS: DURING THE TAX PERIOD, THE ORGANIZATION RENEWED THE PROPERTY BASED SECTION 8 CONTRACT, MAKING ALL 50 UNITS AVAILABLE FOR LOW-INCOME RESIDENTS WITHOUT REGARD TO THEIR ABILITY TO PAY. ADDITIONALLY, THE ORGANIZATION MAINTAINED PROPERTY OPERATIONS IN COMPLIANCE WITH THE REGULATIONS OF THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD). FINALLY, THE ORGANIZATION SPONSORED RESIDENT ACTIVITIES DURING THE YEAR INCLUDING NATIONAL NIGHT OUT AND VARIOUS HOLIDAY CELEBRATIONS. THE ORGANIZATION SPONSORED PROPERTY YOUTH PARTICIPATION IN THE NATIONAL AFFORDABLE HOUSING MANAGEMENT ASSOCIATION'S DRUG FREE ART CONTEST. THE ORGANIZATION MAINTAINED OPERATIONS OF A HUD CERTIFIED NEIGHBORHOOD NETWORKS CENTER. PROGRAMS ESTABLISHED AT THE CENTER INCLUDE AN AFTER SCHOOL PROGRAM, ADULT COMPUTERS PROGRAM, ADULT ARTS & CRAFTS, FINANCIAL/BUDGETING CLASSES, NUTRITION CLASSES, AND BINGO.
IRS990ScheduleO/GeneralExplanation/Explanation2THE ORGANIZATION HAD NO EMPLOYEES DURING THE PERIOD AND DOES NOT EXPECT TO PAY WAGES IN THE FUTURE. THE ORGANIZATION WAS NOT REQUIRED TO FILE A FORM W-3, BECAUSE IT LEASED ALL OPERATING PERSONNEL FROM EMPLOYERS RESOURCE MANAGEMENT COMPANY, A PROFESSIONAL EMPLOYMENT ORGANIZATION. THE ORGANIZATION REPORTED EMPLOYEE LEASING COSTS IN FORM 990, PART IX, LINES 7 TO 10, AS APPLICABLE, AS IF THE LEASED EMPLOYEES WERE DIRECTLY PAID EMPLOYEES OF THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation3DELEGATE CONTROL OF MANAGEMENT DUTIES: THE ORGANIZATION CONTRACTS WITH WEDGE MANAGEMENT, INC., A RELATED TAXABLE CORPORATION, TO SERVE AS ITS MANAGEMENT AGENT FOR THE OPERATIONAL ACTIVITIES OF ITS LOW INCOME HOUSING PROPERTY.
IRS990ScheduleO/GeneralExplanation/Explanation4DOCUMENT COMMITTEE MEETINGS AND ACTIONS: THE ORGANIZATION BOARD OF DIRECTORS MAINTAINS NO COMMITTEES. HOWEVER, IF COMMITTEES ARE APPOINTED, THEN COMMITTEE MEETINGS AND ACTIONS TAKEN WOULD BE CONTEMPORANEOUSLY DOCUMENTED.
IRS990ScheduleO/GeneralExplanation/Explanation5FORM 990 REVIEW: THE EXECUTIVE DIRECTOR IS CHARGED WITH THE TIMELY AND ACCURATE PREPARATION AND FILING OF THE ANNUAL FORM 990. AN INDEPENDENT CPA FIRM PREPARES A DRAFT OF THE FORM 990. THE MANAGEMENT AGENT CHIEF FINANCIAL OFFICER AND CONTROLLER REVIEW THE 990. THE EXECUTIVE DIRECTOR REVIEWS AND SIGNS THE FINAL FORM 990 AND THEN HAS IT FILED. A COPY OF THE FORM 990 THAT WAS FILED IS PROVIDED TO THE BOARD OF DIRECTORS AT THE BOARD MEETING SUBSEQUENT TO THE FILING OF THE FORM 990.
IRS990ScheduleO/GeneralExplanation/Explanation6CONFLICT OF INTEREST POLICY: AT THE ANNUAL MEETING OF THE BOARD MEMBERS, ALL ARE ASKED TO REVIEW AND SIGN A NEW POLICY STATEMENT AND ADVISE THE BOARD IF ANY CONFLICTS EXIST.
IRS990ScheduleO/GeneralExplanation/Explanation7DETERMINATION OF COMPENSATION: HOUSING AND COMMUNITY SERVICES, INC. (HCS), A 501(C)(3) TAX EXEMPT ORGANIZATION, MAINTAINS CONTROL OF THE ORGANIZATION BY ITS POWER TO APPOINT THREE MEMBERS OF THE FIVE-MEMBER BOARD. THE EXECUTIVE DIRECTOR OF HCS ALSO SERVES AS THE UNCOMPENSATED EXECUTIVE DIRECTOR (ED) OF THE ORGANIZATION. THE HCS BOARD OF DIRECTORS ESTABLISHES A COMPENSATION COMMITTEE ANNUALLY TO REVIEW COMPENSATION FOR THE EXECUTIVE DIRECTOR. NONE OF THE ED COMPENSATION IS PAID BY THE ORGANIZATION. WEDGE MANAGEMENT, INC. (WMI) IS A RELATED TAXABLE CORPORATION THAT PROVIDES PROPERTY MANAGEMENT AND ACCOUNTING SERVICES TO THE ORGANIZATION. NHMC-NATIONAL HOUSING MANAGEMENT CORPORATION (NHMC) IS ANOTHER RELATED TAXABLE CORPORATION. THE ED OF THE ORGANIZATION IS ALSO THE CEO OF WMI AND THE PRESIDENT OF NHMC. TOGETHER HCS, WMI, AND NHMC PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE ED. THE CHIEF FINANCIAL OFFICER (CFO) FOR THE ORGANIZATION IS ALSO THE CFO FOR HCS, WMI, AND NHMC. TOGETHER HCS AND WMI PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE CFO. THE ED WITH OVERSIGHT FROM THE HCS COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION FOR THE CFO. NONE OF THE CFO COMPENSATION IS PAID BY THE ORGANIZATION. WEDGE MANAGEMENT, INC. (WMI) IS A RELATED TAXABLE CORPORATION THAT PROVIDES PROPERTY MANAGEMENT AND ACCOUNTING SERVICES TO THE ORGANIZATION. THE ED OF HCS IS ALSO THE CEO OF WMI. THE CHIEF FINANCIAL OFFICER (CFO) FOR THE ORGANIZATION IS ALSO THE CFO FOR HCS AND WMI. TOGETHER HCS AND WMI PAY THE COMPENSATION AND BENEFITS (C&B) FOR THE ED AND CFO. THE ED WITH OVERSIGHT FROM THE HCS COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION FOR THE CFO. NONE OF THE CFO COMPENSATION IS PAID BY THE ORGANIZATION.
IRS990ScheduleO/GeneralExplanation/Explanation8DISCLOSURE OF ORGANIZATIONAL DOCUMENTS AND POLICY TO PUBLIC: ALL DOCUMENTS ARE AVAILABLE UPON REQUEST. THE ANNUAL FORM 990 IS AVAILABLE ON THE GUIDESTAR WEBSITE.
IRS990ScheduleO/GeneralExplanation/Explanation9PERSON (1) 0.00 HOURS WITH OTHER RELATED ORGANIZATIONS IN SCHEDULE R PERSON (2) 0.00 HOURS WITH OTHER RELATED ORGANIZATIONS IN SCHEDULE R PERSON (3) 0.30 HOURS WITH HOUSING AND COMMUNITY SERVICES, INC. 0.00 HOURS WITH WEDGE MANAGEMENT, INC. PERSON (4) 0.00 HOURS WITH OTHER RELATED ORGANIZATIONS IN SCHEDULE R PERSON (5) 24.00 HOURS WITH HOUSING AND COMMUNITY SERVICES, INC. 16.00 HOURS WITH WEDGE MANAGEMENT, INC. 1.00 HOURS WITH NHMC-NATIONAL HOUSING MANAGEMENT CORPORATION PERSON (6) 8.00 HOURS WITH HOUSING AND COMMUNITY SERVICES, INC. 32.00 HOURS WITH WEDGE MANAGEMENT, INC. 1.00 HOURS WITH NHMC-NATIONAL HOUSING MANAGEMENT CORPORATION
IRS990ScheduleO/GeneralExplanation/Explanation10OFFICERS AND DIRECTORS REPORTABLE AND OTHER COMPENSATION FROM THE ORGANIZATION AND RELATED ORGANIZATIONS: OFFICERS AND DIRECTORS COMPENSATION AND OTHER COMPENSATION REPORTED AS APPLICABLE IN COLUMNS E TO F WERE THE COMPENSATION PAID TO THE TOP OFFICIALS OF THE RELATED MANAGEMENT AGENT REQUIRED TO BE REPORTED AS IF THE ORGANIZATON HAD DIRECTLY PAID THE COMPENSATION, ALTHOUGH IT HAD NOT.
IRS990ScheduleO/GeneralExplanation/Explanation11HOUSING AND COMMUNITY SERVICES, INC. AS THE CONTROLLING ENTITY MAINTAINS A STANDING AUDIT COMMITTEE TO SELECT THE INDEPENDENT AUDITOR. THE MANAGEMENT AGENT IS CHARGED WITH PROVIDING OVERSIGHT OF THE ANNUAL AUDIT AND REVIEWING THE AUDIT REPORT PREPARED BY THE AUDITOR. THE ORGANIZATION BOARD OF DIRECTORS MEETS AT A REGULARLY SCHEDULED SEMIANNUAL MEETING AFTER THE FISCAL YEAR END. PRIOR TO THIS MEETING, THE BOARD RECEIVES A COPY OF THE AUDIT TO BE ISSUED. THEN AT THIS MEETING, THE BOARD REVIEWS AND APPROVES ACCEPTANCE OF THE AUDIT REPORT. TWO DIRECTORS WILL SIGN THE AUDIT REPORT FOR THE ORGANIZATION. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/GeneralExplanation/Explanation12ELECTION OUT OF SPECIAL DEPRECIATION ALLOWANCE: TG 302, INC., DBA HARRISON MANOR APARTMENTS 8610 NORTH NEW BRAUNFELS, SUITE 500 SAN ANTONIO, TX 78217-6397 IDENTIFICATION NUMBER: 74-2939665 TAX YEAR ENDED: JUNE 30, 2012 TAXPAYER ELECTS UNDER IRC SEC. 168(K)(2)(D)(III) NOT TO CLAIM THE SPECIAL DEPRECIATION ALLOWANCE FOR ALL ELIGIBLE CLASSES OF PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDED JUNE 30, 2012.

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.74$0.43$1.31$0.61$0.52$0.09
2023Summary only. Only limited summary data is available for this year.$1.71$0.49$1.22$0.59$0.47$0.12
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.57$1.10$0.58$0.70$0.12
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.73$1.30$0.67$0.45$0.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.78$1.08$0.50$0.62$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.93$0.74$1.19$0.54$0.47$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.81$1.12$0.52$0.43$0.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.88$1.03$0.51$0.40$0.11
2016Detailed filing. Detailed filing data is available for this year.$1.87$0.95$0.92$0.49$0.43$0.06
2015Detailed filing. Detailed filing data is available for this year.$1.87$1.00$0.86$0.49$0.42$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.84$1.05$0.79$0.48$0.44$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$1.09$0.75$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.87$1.17$0.71$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$1.20$0.72$0.43
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.94$1.24$0.70$0.43