THE ORGANIZATION WAS INCORPORATED AS A NONPROFIT CORPORATION IN THE STATE OF TEXAS ON DECEMBER 20, 1994. THE MISSION OF THE ORGANIZATION IS TO PRESERVE ASSISTED HOUSING FOR VERY LOW, LOW AND MODERATE INCOME FAMILIES, DEVELOP A STRONG RESIDENT COMMUNITY AND PROMOTE SELF-SUFFICIENCY.THE PRIMARY ACTIVITY OF THE ORGANIZATION IS THE OWNERSHIP AND OPERATION OF THE LAREDO MANOR APARTMENTS, WHICH IS A 100-UNIT APARTMENT COMPLEX LOCATED AT 300 MANN ROAD, LAREDO, TX 78041 FOR THE BENEFIT OF LOW-INCOME FAMILIES AND INDIVIDUALS MAKING LESS THAN 80% OF AREA MEDIAN INCOME (AMI). THE ORGANIZATION MAINTAINS A U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) PROPERTY BASED SECTION 8 HOUSING ASSISTANCE PAYMENT (HAP) RENTAL ASSISTANCE CONTRACT FOR 20 UNITS. THE HAP RENT ASSISTED UNITS ARE MADE AVAILABLE TO FAMILIES AND INDIVIDUALS WITH INCOMES OF LESS THAN 30% OF AMI.
Executive compensation
Form 990 · Schedule J · 2 reported individuals · Filing year 2024
| Position | Total |
|---|---|
Executive Director | $30k $32k |
Management Agent CFO | $6k $6k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 5 unpaid individuals.
Up 43%
from 2023
From $21k in 2023 to $30k in 2024.
Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Revenue and expenses over time
TG 108 INC reported revenue and expenses across 2 filing years.
What Housing & Shelter executives earn in Texas
Comparable housing & shelter organizations in Texas pay their highest-earning executive a median of $64,500.
These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 318 organizations across 318 filings (2022 – 2024).
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