nonprofit logo

Tap Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237029088 ✦ Troy, NY ✦ Designated as a 501(c)(3)

Overview

What is Tap Inc?

Tap Inc, based in Troy, New York, is a nonprofit organization with a focus on property rental for individuals with moderate to low income. Serving approximately 50 individuals, Tap Inc's primary mission is to revitalize urban neighborhoods and historic structures, thereby contributing to the development of inclusive and healthier communities. The organization employs a team of 21 individuals, dedicated to this purpose. Their work involves restoring, rebuilding, and revitalizing urban areas, ultimately shaping vibrant and inclusive communities.


Official website here: www.tapinc.org

Is Tap Inc legitimate?

Tap Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tap Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $88,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $536,090

For more financial information, click here


Official website here: www.tapinc.org

What is the mission statement of Tap Inc?

Tap Inc, as an organization, is committed to restoring, rebuilding, and revitalizing urban neighborhoods and historic structures. Their mission is to foster inclusive and healthy communities. Through their efforts, they aim to shape and improve living conditions in these areas. Additionally, Tap Inc provides property rental services to individuals with low to moderate incomes, serving approximately 50 individuals.


Official website here: www.tapinc.org

Who is the CEO of Tap Inc?

Barbara L Nelson is the Board Of Directors of Tap Inc.


Official website here: www.tapinc.org

What is the revenue of Tap Inc?

Tap Inc's revenue in 2022 was $1,076,689.


Official website here: www.tapinc.org

Who are the executives of Tap Inc and what are their salaries?

The average compensation at Tap Inc during 2022 was $29,750. There are 21 employees and 1 volunteers at Tap Inc.

Here are 11 key members and their salaries:

    Barbara L Nelson (Executive Director)
  • Compensation: $88,663
  • Related: $0
  • Other: $0

    • Caroline Nagy (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roberta Singleton (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beveryly Hickman (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mcdonough (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Glasheen (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick D Harris Jr (Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Klepsch (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Bongiorni (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Olivia Brazee (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Pasicznyk (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tapinc.org

    Where can I find the form 990 for Tap Inc?

    The Tap Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tapinc.org

    Learn more at the official website: www.tapinc.org

    Mission Statement of Tap Inc

    Tap Inc, as a nonprofit organization, is dedicated to restoring, rebuilding, and revitalizing urban neighborhoods and historic structures. Their mission is to shape inclusive and healthy communities. By focusing on these areas, Tap Inc aims to contribute positively to the living conditions of low to moderate income individuals, serving approximately 50 such individuals through property rental. By restoring and revitalizing urban neighborhoods, Tap Inc is not only preserving historical structures but also creating welcoming and inclusive communities where people can thrive.

    Impact

    This information is meant to be a general summary of Tap Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Tap Inc's impact lies in its dedicated efforts to restore, rebuild, and revitalize urban neighborhoods and historic structures in Troy, NY. By providing property rental to low to moderate-income individuals, Tap Inc serves approximately 50 people, shaping inclusive and healthy communities. Their mission to create affordable housing opportunities contributes to the overall well-being and stability of the community they serve.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,490
  • Program Service Revenue: $799,372
  • Gross Receipts: $1,089,098

    • Assets and Liabilities:
  • Total Assets: $2,726,833
  • Total Liabilities: $126,101
  • Net Assets: $2,600,732
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    DHCR CLIENTS/RENTAL

    Revenue

    $796,529

    MISCELLANEOUS INCOME

    Revenue

    $2,843

    Organization Details

    Founding Year

    1969

    Principal Officer

    Barbara L Nelson

    Main Address

    210 RIVER STREET, TROY, NY, 121803810

    NTEE Category

    Code: L810 - Housing

    If you are a representative of Tap Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.