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Tn Development Corporation

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

EIN: 570979157 ✦ Columbia, SC ✦ Designated as a 501(c)(3)

Overview

What is Tn Development Corporation?

Tn Development Corporation is a nonprofit organization situated in Columbia, South Carolina. Their primary focus is to contribute to the development of affordable housing for low-income individuals within the community. By engaging in this mission, they aim to expand the residential base of Columbia, ensuring that a diverse population can call the city home. The corporation's activities encompass the planning and construction of affordable housing units, ultimately promoting a more inclusive and vibrant community.


Is Tn Development Corporation legitimate?

Tn Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tn Development Corporation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Tn Development Corporation?
Who is the CEO of Tn Development Corporation?
What is the revenue of Tn Development Corporation?
Who are the executives of Tn Development Corporation and what are their salaries?
Where can I find the form 990 for Tn Development Corporation?

Mission Statement of Tn Development Corporation

Tn Development Corporation, as a nonprofit organization, is dedicated to assisting in the development of low-income housing in various communities. Their mission is centered around expanding the residential base of the community by focusing on the construction and provision of affordable housing options. By doing so, they contribute to the betterment of the community as a whole. The corporation's efforts aim to make housing more accessible for individuals with limited financial resources, thereby enhancing the living standards and fostering a sense of stability within the community.

Impact

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




Saturday, July 20, 2024

Tn Development Corporation's impact lies in its efforts to assist in the development of low-income housing in Columbia, South Carolina. By increasing the residential base of the community, the corporation is working to address the housing needs of individuals and families who may not have access to affordable housing options. Through its mission to support the development of low-income housing, Tn Development Corporation is making a tangible difference in improving the living conditions and opportunities for low-income residents in Columbia.





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: $462
  • Program Service Revenue: $1,019,393
  • Gross Receipts: $1,500,191

    • Assets and Liabilities:
  • Total Assets: $5,456,220
  • Total Liabilities: $4,684,828
  • Net Assets: $771,392
  • Programs

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

    RENTAL INCOME

    Revenue

    $864,669

    EMPLOYEE LEASING REVEN

    Revenue

    $121,604

    MANAGEMENT FEE INCOME

    Revenue

    $33,120

    Organization Details

    Founding Year

    1992

    Principal Officer

    Kevin Werner

    Main Address

    3905 ENSOR AVENUE, COLUMBIA, SC, 29203

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Tn Development Corporation 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.