Overview
What is Taylor Community Development Corp?
Taylor Community Development Corp is a nonprofit organization located in Taylor, Michigan, with a focus on providing affordable housing for low-income families. With approximately 77% of its units designated for tenants whose household income is 80% or less of the median household income for the Detroit Primary Metropolitan Statistical Area (PMSA), the organization aims to serve the community by acquiring, developing, owning, rehabilitating, and managing real estate property with an emphasis on housing for those of low or moderate income. The mission of Taylor Community Development Corp aligns with the charitable and public purposes of the City of Taylor and its Housing Commission, enabling them to deal in real estate transactions and financially support various housing initiatives.
Is Taylor Community Development Corp legitimate?
Taylor Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Taylor Community Development Corp 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Taylor Community Development Corp?
The Taylor Community Development Corporation aims to advance charitable or exempt public purposes and operations by engaging in real estate transactions, with a particular focus on providing housing for individuals with low or moderate income. Through acquiring, owning, holding, rehabilitating, developing, selling, leasing, managing, mortgaging, financing, and dealing in real estate, this organization contributes to the betterment of communities. The corporation provides approximately 77% of its apartments to families whose income is 80% or less of the median household income for the Detroit PMSA. The remaining 23% of units are available to tenants without income restrictions.
Who is the CEO of Taylor Community Development Corp?
Jason Couture is the President of Taylor Community Development Corp.
What is the revenue of Taylor Community Development Corp?
Taylor Community Development Corp's revenue in 2022 was $15,218,096.
Who are the executives of Taylor Community Development Corp and what are their salaries?
- Jason Couture (President) [Trustee/Director]
- Dean M Philo (Treasurer) [Trustee/Director]
- Laurie Trueblood (Secretary) [Trustee/Director]
- Mike Cleaver (Board Member) [Trustee/Director]
- Conrad Valle (Board Member) [Trustee/Director]
- Fred Miller (Board Member) [Trustee/Director]
Where can I find the form 990 for Taylor Community Development Corp?
The Taylor Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Taylor Community Development Corp
The Taylor Community Development Corp, a charitable organization, is dedicated to advancing the public purposes and operations of the City of Taylor and its Housing Commission. With a primary emphasis on real estate, this nonprofit acquires, receives, owns, holds, rehabilitates, develops, sells, leases, manages, mortgages, finances, and deals in various real estate projects. Their primary focus lies in providing housing opportunities for individuals and families with low or moderate income.
Approximately 77% of the apartments managed by the Taylor Community Development Corp are designated for tenants whose household income is 80% or less of the median household income for the Detroit PMSA. The remaining 23% of units have no household income restrictions. This inclusive approach aims to cater to a diverse range of residents in need of affordable housing solutions. The nonprofit's commitment to its mission ensures that it continues to make a positive impact on its community by providing essential housing opportunities.
In summary, the Taylor Community Development Corp plays a crucial role in the community by furthering the charitable and public purposes of the City of Taylor and its Housing Commission. By focusing on real estate development and housing initiatives, this nonprofit provides valuable resources to individuals and families with low or moderate income, enabling them to secure stable and affordable living situations.
Impact
This information is meant to be a general summary of Taylor Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Taylor Community Development Corp's impact is providing affordable housing options for low to moderate-income families in the city of Taylor, Michigan. Approximately 77% of the units are designated for tenants with household incomes of 80% or less of the median household income for the Detroit PMSA. By focusing on housing initiatives, this organization plays a crucial role in addressing the housing needs of vulnerable populations within the community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENTS TAYLOR, MI
Revenue
$13,720,877
TENANT CHARGES
Revenue
$648,789
LAUNDRY AND VENDING REVENUE
Revenue
$41,461
Organization Details
Founding Year
1997
Phone
(734) 374-2733
Principal Officer
Jason Couture
Main Address
23555 GODDARD ROAD, TAYLOR, MI, 48180
NTEE Category
Code: L200 - Housing
If you are a representative of Taylor Community Development Corp 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.