2025-11-13T14:21:23-06:00 2024-12-31 990 2024-01-01 237033859 THE AUSTIN GERIATRIC CENTER INC AUST 5124766051 1320 ART DILLY DRIVE AUSTIN TX 78702 ROSIE MENDOZA TREASURER 5124766051 2025-11-13 1 1 SUSAN WILSON P00545142 5123400420 2024 2025-03-06 01:10:19Z ROSIE MENDOZA 1320 ART DILLY DRIVE AUSTIN TX 78702 2839387 0 X N/A X 1968 TX TO PROVIDE AFFORDABLE HOUSING AND SUPPORTIVE SERVICES TO SENIORS 10 10 5 15 0 0 158004 10609 220943 112767 13288494 1077999 845233 1638012 14512674 2839387 3790162 5000 0 0 54061 216477 0 0 0 297629 552030 4141852 773507 10370822 2065880 44356206 47306405 6670835 6542514 37685371 40763891 X TO PROVIDE AFFORDABLE, HIGH-QUALITY INDEPENDENT LIVING FOR OLDER ADULTS IN A SAFE, COMFORTABLE ENVIRONMENT ENRICHED BY THE COMMUNITY. OUR VISION IS THAT ALL OLDER ADULTS HAVE ACCESS TO AFFORDABLE HOUSING SUPPORTED BY INNOVATIVE SERVICES. 0 0 633681 5000 2828778 THE ORGANIZATION CURRENTLY OPERATES THE LADYBIRD WITH 279 APARTMENTS AND IS RENOVATING THE REBEKAH, WHICH WILL PROVIDE 224 APARTMENTS UPON COMPLETION. BOTH SITES DELIVER AFFORDABLE HOUSING FOR LOW-INCOME SENIORS, OFFERING SECURE AND SUPPORTIVE ENVIRONMENTS THAT ENHANCE RESIDENTS' QUALITY OF LIFE. CORE PROGRAM FOCUS AREAS INCLUDE SERVICE COORDINATION AND CASE MANAGEMENT, FOOD PANTRY AND NUTRITION ASSISTANCE, AND SOCIAL ACTIVITIES AND ENRICHMENT THAT FOSTER COMMUNITY AND WELL-BEING.SEE SCHEDULE O. 633681 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 10 7 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 1 1 1 X SHONTELL GAUTHIER 5124665804 1320 ART DILLY DRIVE AUSTIN TX 78702 X JANET ROBERTS DIRECTOR 0.00 X 0 0 0 BOB ELLIS DIRECTOR 0.00 X 0 0 0 JUDY HERNANDEZ DIRECTOR 0.00 X 0 0 0 LUZ LOPEZ-GUERRERO DIRECTOR 0.00 X 0 0 0 WILLIAM M SAGE DIRECTOR 0.00 X 0 0 0 MEGAN SHANNON DIRECTOR 0.00 X 0 0 0 RICKY GREEN SECRETARY 0.00 X 0 0 0 CLARKE HEIDRICK CHAIRMAN 0.00 X 0 0 0 ROSIE MENDOZA TREASURER 0.00 X 0 0 0 PAUL SALDANA VICE CHAIR 0.00 X 0 0 0 SHONTELL GAUTHIER EXECUTIVE DIRECTOR 40.00 X 50184 0 10234 50184 0 10234 0 0 0 0 STRATA LANDSCAPES 7020 E HWY BLDG 2 SUITE A AUSTIN TX 78723 GENERAL CONTRACTOR 189792 1 2109 8500 10609 RENTAL REVENUE 531110 84867 84867 SOCIAL SERVICES 561000 27900 27900 112767 1077999 1077999 DEVELOPER FEE REVENUE 531390 1628938 1628938 OTHER REVENUE 541900 9074 9074 1638012 2839387 2828778 0 0 5000 5000 60418 60418 116800 101349 15451 3634 1919 1715 25495 17771 7724 10130 4411 5719 4406 4406 42705 42705 5506 5506 1325 1325 PROJECT COSTS - HATCHER 349457 349457 MISCELLANEOUS EXPENSES 77606 77606 OPERATING AND MAINTENAN 43866 43866 ADMINISTRATIVE EXPENSES 26328 24640 1688 831 831 773507 633681 139826 0 4923285 5542191 313105 179928 19110 6304755 6303924 32795951 35280362 44356206 47306405 67784 61799 6479000 6430220 124051 50495 6670835 6542514 X 37685371 40763891 37685371 40763891 44356206 47306405 X 2065880 1012640 0 X X 0 1 X 1 0 X 141717 56630 5300 158004 10609 372260 2449067 1949971 1492957 231674 121841 6245510 2590784 2006601 1498257 389678 132450 6617770 0 0 0 6617770 177916 222174 273056 163097 1077999 1914242 177916 222174 273056 163097 1077999 1914242 2768700 2228775 1771313 552775 1210449 8532012 0.77560 0.90390 0.22440 0.09610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN AGC RBJ MM LLC 6304022 C INVESTMENT IN AGC RBJ MM II, LLC -98 C 6303924 NOTE RECEIVABLE-AGC RBJ LLC $8.4M 8400000 NOTE RECEIVABLE-AGC RBJ LLC $6.4M 6479000 INTEREST RECEIVABLE-AGC RBJ LLC 894279 TENANT SECURITY DEPOSIT 24644 DEVELOPER FEE - RBJ II 2154893 NOTE RECEIVABLE-AGC RBJ II LLC 15640000 DEVELOPER FEE - AGC RBJ 705244 INTEREST RECEIVABLE - AGC RBJ II 982302 35280362 SECURITY DEPOSITS 13233 ACCRUED EXPENSES 37262 50495 1 PART I, LINE 2: ON RARE OCCASIONS, AGC MAY DISTRIBUTE GRANTS OR DONATIONS TO AREA NONPROFIT ORGANIZATIONS WHO ARE ALIGNED WITH OUR AGENCY'S MISSION TO PROVIDE LOW-INCOME HOUSING FOR SENIORS. IN THE UNLIKELY EVENT AGC RECEIVES SUCH A REQUEST, THE PROCEDURE IS FOR THE BOARD OF DIRECTORS IN CONSULTATION WITH ITS OUTSIDE LEGAL COUNSEL TO REVIEW ON A CASE-BY-CASE BASIS AND DETERMINE ALIGNMENT WITH ORGANIZATIONAL MISSION, ANY ELIGIBILITY REQUIREMENTS WHICH MAY NEED TO BE CONSIDERED, FINANCIAL VIABILITY, IMPACT, AND SUSTAINABILITY . THE BOARD OF DIRECTORS WILL VOTE AND PROVIDE THE REQUESTOR NOTICE OF THE FINAL DECISION. FORM 990, PART III, LINE 4A: 2024 ACCOMPLISHMENT UPDATE: THE CENTER HAS DEVELOPED A COMPREHENSIVE STRATEGIC MASTER PLAN FOCUSED ON THE LONG-TERM SUSTAINABILITY AND GROWTH OF OUR HOUSING SERVICES. KEY OBJECTIVES OF THE PLAN INCLUDE: 1. CONTINUING TO PROVIDE SAFE, AFFORDABLE HOUSING FOR LOW-INCOME SENIORS ON-SITE; 2. DURING THE YEAR, THE ORGANIZATION ADVANCED ITS COMPREHENSIVE STRATEGIC MASTER PLAN BY HIRING AN EXECUTIVE DIRECTOR TO ENSURE LONG-TERM SUSTAINABILITY AND GROWTH. RBJ HIRED A CORE TEAM: AN EXECUTIVE DIRECTOR, A LICENSED SOCIAL WORKER SERVING AS RESIDENT SERVICES MANAGER, AND A DIRECTOR OF COMMUNITY ENGAGEMENT, NUTRITION AND WELLNESS MANAGER. STRATEGIC PRIORITIES INCLUDE MAINTAINING SAFE AND AFFORDABLE SENIOR HOUSING, UPGRADING AMENTITIES TO IMPROVE RESIDENT WELL-BEING, EXPANDING AFFORDABLE HOUSING OPTIONS IN CENTRAL TEXAS, PURSUING MIXED-USE DEVELOPMENTS CONSISTENT WITH NEIGHBORHOOD PLANS, AND STEWARDING LAND RESOURCES RESPONSIBLY TO SUSTAIN COMMUNITY IMPACT. 3. EXPANDING THE AVAILABILITY OF AFFORDABLE HOUSING FOR ELDERLY INDIVIDUALS IN CENTRAL TEXAS; 4. ADDING ADDITIONAL MIXED-USE DEVELOPMENTS IN ALIGNMENT WITH THE NEIGHBORHOOD'S LONG-TERM VISION; AND 5. SERVING AS RESPONSIBLE STEWARDS OF THE CENTER'S LAND, ENSURING LONG-TERM VIABILITY AND POSITIVE COMMUNITY IMPACT. AGC IS THE SOLE OWNER OF THE ENTITIES WHICH SERVES AS THE MANAGING MEMBER OF THE TWO ENTITIES (AGC RBJ, LLC AND AGC RBJ, II LLC) WHICH OWNS THE LADYBIRD AND THE REBEKAH, RESPECTIVELY. EACH OF THESE PROJECT OWNERS IS A TEXAS LIMITED LIABILITY COMPANY FUNDED BY TAX CREDIT INVESTORS. AGC RBJ LLC OPERATES AS THE LADYBIRD AND AGC RBJ II LLC WILL OPERATE AS THE REBEKAH UPON THE COMPLETION OF RENOVATIONS IN 2025. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 EXPLANATION: EVERY MEMBER OF THE BOARD IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW. THE RETURN IS REVIEWED FOR ACCURACY WITH ANY CHANGES BEING DISCUSSED AND SUBMITTED TO MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ENFORCES ITS CONFLICT OF INTEREST POLICY THROUGH ANNUAL DISCLOSURE STATEMENTS, ONGOING REPORTING OF POTENTIAL CONFLICTS, AND RECUSAL OF INTERESTED PERSONS FROM RELATED DISCUSSIONS AND VOTES. INDIVIDUALS MUST DISCLOSE ACTUAL OR POTENTIAL CONFLICTS AS THEY ARISE. THE BOARD OR COMMITTEE REVIEWS DISCLOSURES, DETERMINES CONFLICTS, AND APPROVES ONLY TRANSACTIONS THAT ARE FAIR AND, IN THE ORGANIZATION'S BEST INTEREST. ALL ACTIONS ARE DOCUMENTED IN MEETING MINUTES, WITH PERIODIC REVIEWS TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS BASED ON PERFORMANCE AND COMPARABLE SALARIES. COMPENSATION FOR DIRECTORS AND MANAGERS IS DETERMINED BY THE EXECUTIVE DIRECTOR BASED ON PERFORMANCE REVIEWS AND COMPARABLE SALARIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS DISCLOSURE EXPLANATION: THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A, LINE 1A: SHONTELL GAUTHIER, EXECUTIVE DIRECTOR - START DATE: SEPTEMBER 2024 FORM 990, PART XI, LINE 8: DURING THE CURRENT FISCAL YEAR, THE ORGANIZATION RECORDED A PRIOR PERIOD ADJUSTMENT IN THE AMOUNT OF $1,012,640. THIS ADJUSTMENT WAS NECESSARY DUE TO DEVELOPER FEE INCOME THAT WAS NOT RECOGNIZED ON THE PRIOR YEAR'S FINANCIAL STATEMENTS. AS A RESULT, THE ORGANIZATION HAS REFLECTED THE ADJUSTMENT IN THE CURRENT YEAR'S FINANCIAL STATEMENTS TO ENSURE ACCURATE AND COMPLETE REPORTING. THIS ADJUSTMENT IS REPORTED IN PART XI, LINE 8. AGC RBJ LLC 1320 ART DILLY DRIVE AUSTIN TX 78702 824315661 TX 0 0 AGC RBJ II LLC 1320 ART DILLY DRIVE AUSTIN TX 78702 852749074 TX 0 0 AGC RBJ MM LLC 1320 ART DILLY DRIVE AUSTIN TX 78702 824297108 TX 1.00000 0 AGC RBJ MM II LLC 1320 ART DILLY DRIVE AUSTIN TX 78702 852753575 TX 1.00000 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 AGC RBJ LLC L 705244 BASED ON CONTRACTUAL AGREEMENT AGC RBJ II LLC L 2154893 BASED ON CONTRACTUAL AGREEMENT AGC RBJ LLC D 8400000 BASED ON PROMISSORY NOTE AGC RBJ LLC D 6479000 BASED ON PROMISSORY NOTE AGC RBJ II LLC D 15640000 BASED ON PROMISSORY NOTE