Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
EIN 59-2246692 • 501(c)3 • Miami, FL
Profile
Tacolocy economic development corporation was formed to develop low-income housing, provide property management services, commercial development and a jobs program
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
39th percentile
Higher debt load relative to assets than 39% of similar nonprofits.
Liabilities / Revenue
87th percentile
Higher debt load relative to revenue than 87% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
6th percentile
Higher top officer pay than 6% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Assets
Up$57,215,886
Up $14,240,177 (+33%) from 2023
Liabilities
Up$8,515,165
Up $5,305,793 (+165%) from 2023
Net Assets
Up$48,700,721
Up $8,934,384 (+22%) from 2023
Revenue
Down$3,466,724
Down $1,359,529 (-28%) from 2023
Expenses
Up$3,617,964
Up $1,668,393 (+86%) from 2023
Net Income
Down-$151,240
Down $3,027,922 (-105%) from 2023
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
Tacolocy economic development corporation was formed to develop low-income housing, provide property management services, commercial development and a jobs program
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Other Notes and Loans Receivable, Net | $16,450,820 | $28,086,140 | ▲ $11,635,320 |
| Cash and Non-Interest-Bearing Accounts | $4,738,004 | $6,217,050 | ▲ $1,479,046 |
| Land, Buildings, and Equipment, Net | $46,745 | $3,686,745 | ▲ $3,640,000 |
| Investments Program Related | $1,414,987 | $1,414,987 | → $0 |
| Prepaid Expenses and Deferred Charges | $50,000 | $30,000 | ▼ $20,000 |
| Total Assets | $42,975,709 | $57,215,886 | ▲ $14,240,177 |
| Other Assets Total | $20,275,153 | $17,780,964 | ▼ $2,494,189 |
| Liabilities | |||
| Other Liabilities | $2,987,849 | $8,432,440 | ▲ $5,444,591 |
| Accounts Payable and Accrued Expenses | $221,523 | $82,725 | ▼ $138,798 |
| Total Liabilities | $3,209,372 | $8,515,165 | ▲ $5,305,793 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $39,766,337 | $48,700,721 | ▲ $8,934,384 |
| Total Net Assets Fund Balance | $39,766,337 | $48,700,721 | ▲ $8,934,384 |
| Total Liabilities and Net Assets / Fund Balance | $42,975,709 | $57,215,886 | ▲ $14,240,177 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | - | $9,295,270 | $9,295,270 |
| Land | $3,685,814 | - | $3,685,814 |
| Equipment | - | $268,489 | $268,489 |
| Leasehold Improvements | $931 | $101,759 | $102,690 |
| Other Assets Org | $1,717,028 | - | - |
| Name | Title |
|---|---|
| Luce Lohier | Chairwoman |
| Carol Gardner | President |
| Tedric Griffin | Board Member |
| Deidre Hudson | Secretary |
| Larry Brown | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $2,676,236 |
| Salaries, Compensation, and Employee Benefits | $941,728 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Expenses | $1,638,489 | $182,054 | - | $1,820,543 |
| Other Salaries and Wages | $744,748 | $82,750 | - | $827,498 |
| Fees for Services Other | $234,283 | $26,032 | - | $260,315 |
| Interest | $143,717 | $15,969 | - | $159,686 |
| Other Employee Benefits | $102,807 | $11,423 | - | $114,230 |
| Conferences and Meetings | $84,309 | $9,368 | - | $93,677 |
| Insurance | $70,452 | $7,828 | - | $78,280 |
| Office Expenses | $42,943 | $4,772 | - | $47,715 |
| Information Technology | $9,949 | $1,105 | - | $11,054 |
| Advertising | $9,307 | $1,034 | - | $10,341 |
| Depreciation Depletion | $6,934 | $771 | - | $7,705 |
| All Other Expenses | $2,153 | $239 | - | $2,392 |
| Total Functional Expenses | $3,256,166 | $361,798 | $0 | $3,617,964 |
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $3,617,964 |
| Total Expenses per Audited Statements | $3,617,964 |
| Total Expenses per Form 990 | $3,617,964 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Operating Lease Liability | $5,428,343 |
| Federal income taxes | $1,500,000 |
| Line of Credit | $920,164 |
| Sba Loan Payable | $446,684 |
| Loan Payable | $137,249 |
| Due to Third Parties | - |
| Note Payable | - |
“The form 990 and the audited financial statements are reviewed by the president and board of directors members prior to filing with the irs”
“Members of the board of directors are required to disclose any related party transactions and conflict of interest as part of the annual audit”
“The board of directors review and approve the compensation of the president and any changes to the compensation”
“There is no material difference in voting rights of members of the board of directors”
“Tedc complied with backup withholding rules for reportable payments to vendors”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 221523 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 82725 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | TACOLOCY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED TO DEVELOP LOW-INCOME HOUSING, PROVIDE PROPERTY MANAGEMENT SERVICES, COMMERCIAL DEVELOPMENT AND A JOBS PROGRAM |
| IRS990/AdvertisingGrp/ManagementAndGeneralAmt | 0 | 1034 |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 9307 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 10341 |
| IRS990/AllOtherContributionsAmt | 0 | 7500 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 239 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 2153 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 2392 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | true |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | MS CAROL GARDENER |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 3057573737 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5900 NW 7TH AVENUE SUITE 10 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | MIAMI |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 33127 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 4738004 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 6217050 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 0 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | false |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 9368 |
| IRS990/ConferencesMeetingsGrp/ProgramServicesAmt | 0 | 84309 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 93677 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 7500 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 491462 |
| IRS990/CYOtherExpensesAmt | 0 | 2676236 |
| IRS990/CYOtherRevenueAmt | 0 | 1095754 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 1872008 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -151240 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 941728 |
| IRS990/CYTotalExpensesAmt | 0 | 3617964 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3466724 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 771 |
| IRS990/DepreciationDepletionGrp/ProgramServicesAmt | 0 | 6934 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 7705 |
| IRS990/Desc | 0 | TACOLOCY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED TO DEVELOP LOW-INCOME HOUSING, PROVIDE PROPERTY MANAGEMENT SERVICES, COMMERCIAL DEVELOPMENT AND A JOBS PROGRAM |
| IRS990/DescribedInSection501c3Ind | 0 | true |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | false |
| IRS990/EmployeeCnt | 0 | 7 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/EscrowAccountInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 3256166 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 26032 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 234283 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 260315 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form1098CFiledInd | 0 | false |
| IRS990/Form8282PropertyDisposedOfInd | 0 | false |
| IRS990/Form8899Filedind | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 005.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 050.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | LUCE LOHIER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | LARRY BROWN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | TEDRIC GRIFFIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | DEIDRE HUDSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | CAROL GARDNER |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRWOMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | SECRETARY |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | true |
| IRS990/FormationYr | 0 | 1982 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 3466724 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartVInd | 0 | X |
| IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt | 0 | 1105 |
| IRS990/InformationTechnologyGrp/ProgramServicesAmt | 0 | 9949 |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 11054 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 7828 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 70452 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 78280 |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 15969 |
| IRS990/InterestGrp/ProgramServicesAmt | 0 | 143717 |
| IRS990/InterestGrp/TotalAmt | 0 | 159686 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 491462 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 491462 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsProgramRelatedGrp/BOYAmt | 0 | 1414987 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 1414987 |
| IRS990/InvestTaxExemptBondsInd | 0 | false |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 9665518 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 46745 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 3686745 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 13352263 |
| IRS990/LegalDomicileStateCd | 0 | FL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LobbyingActivitiesInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | false |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | TACOLOCY ECONOMIC DEVELOPMENT CORPORATION WAS FORMED TO DEVELOP LOW-INCOME HOUSING, PROVIDE PROPERTY MANAGEMENT SERVICES, COMMERCIAL DEVELOPMENT AND A JOBS PROGRAM |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 39766337 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 48700721 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 39766337 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 48700721 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/TotalAmt | 0 | 0 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 4772 |
| IRS990/OfficeExpensesGrp/ProgramServicesAmt | 0 | 42943 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 47715 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OnBehalfOfIssuerInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 20275153 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 17780964 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 11423 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 102807 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 114230 |
| IRS990/OtherExpensesGrp/Desc | 0 | TELEPHONE |
| IRS990/OtherExpensesGrp/Desc | 1 | PREDEVELOPMENT COST |
| IRS990/OtherExpensesGrp/Desc | 2 | LEASE EXPENSES |
| IRS990/OtherExpensesGrp/Desc | 3 | DEVELOPERS FEE PAID |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1475 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 3680 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 13298 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 182054 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 13275 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 33120 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 119680 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 1638489 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 14750 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 36800 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 132978 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 1820543 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 2987849 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 8432440 |
| IRS990/OtherRevenueMiscGrp/Desc | 0 | PARTNERSHIP INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 1 | OTHER INCOME |
| IRS990/OtherRevenueMiscGrp/Desc | 2 | DISPOSAL OF ASSETS |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 0 | 25970 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 1 | 31288 |
| IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt | 2 | 1038496 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 0 | 25970 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 1 | 31288 |
| IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt | 2 | 1038496 |
| IRS990/OtherRevenueTotalAmt | 0 | 1095754 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 82750 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 744748 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 827498 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 16450820 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 28086140 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | false |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 0 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 50000 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 30000 |
| IRS990/PrincipalOfficerNm | 0 | CAROL GARDNER |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 9085624 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProgramServiceRevenueGrp/Desc | 0 | DEVELOPER INTEREST REVENUE |
| IRS990/ProgramServiceRevenueGrp/Desc | 1 | MANAGEMENT FEES |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 1237008 |
| IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt | 1 | 635000 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 0 | 1237008 |
| IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt | 1 | 635000 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 9000 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 757928 |
| IRS990/PYOtherRevenueAmt | 0 | 231773 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 4585480 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 2876682 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 1191643 |
| IRS990/PYTotalExpensesAmt | 0 | 1949571 |
| IRS990/PYTotalRevenueAmt | 0 | 4826253 |
| IRS990/QuidProQuoContributionsInd | 0 | false |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | false |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -151240 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | true |
| IRS990/ReportOtherLiabilitiesInd | 0 | true |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 7500 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 9000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3505000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 3521500 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 3521500 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 7500 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 9000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3505000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 3521500 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 3521500 |
| IRS990/ScheduleBRequiredInd | 0 | false |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 9295270 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 9295270 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 268489 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 268489 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 3617964 |
| IRS990ScheduleD/InclEscrowCustodialAcctLiabInd | 0 | false |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 3685814 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 3685814 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 931 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 101759 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 102690 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 0 | 10860772 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 1 | 4322508 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 2 | 880656 |
| IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt | 3 | 1717028 |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | OTHER ASSETS |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 1 | DEVELOPER FEE RECEIVABLE |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 2 | DUE FROM AFFILIATES |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 3 | OPERATING LEASE ASSET ROU |
| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 4 | PRE-DEVELOPMENT COST |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 1500000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 137249 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 2 | 920164 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 3 | 446684 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 4 | 5428343 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Federal income taxes |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LOAN PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | LINE OF CREDIT |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 3 | SBA LOAN PAYABLE |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 4 | OPERATING LEASE LIABILITY |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 5 | DUE TO THIRD PARTIES |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 6 | NOTE PAYABLE |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 0 | Financial derivatives and other financial products |
| IRS990ScheduleD/OtherSecuritiesGrp/Desc | 1 | Closely-held equity interests |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 3466724 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 3686745 |
| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 17780964 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 3617964 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 8432440 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 3466724 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 3466724 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 3617964 |
| IRS990/ScheduleJRequiredInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE FORM 990 AND THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE PRESIDENT AND BOARD OF DIRECTORS MEMBERS PRIOR TO FILING WITH THE IRS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE ANY RELATED PARTY TRANSACTIONS AND CONFLICT OF INTEREST AS PART OF THE ANNUAL AUDIT |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD OF DIRECTORS REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT AND ANY CHANGES TO THE COMPENSATION |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THERE IS NO MATERIAL DIFFERENCE IN VOTING RIGHTS OF MEMBERS OF THE BOARD OF DIRECTORS |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TEDC COMPLIED WITH BACKUP WITHHOLDING RULES FOR REPORTABLE PAYMENTS TO VENDORS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 15b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section A, Line 1a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part V, Line 1a |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 42975709 |
| IRS990/TotalAssetsEOYAmt | 0 | 57215886 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 42975709 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 57215886 |
| IRS990/TotalCompGreaterThan150KInd | 0 | false |
| IRS990/TotalContributionsAmt | 0 | 7500 |
| IRS990/TotalEmployeeCnt | 0 | 7 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 361798 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 3256166 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 3617964 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 3209372 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 8515165 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 3209372 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 8515165 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 39766337 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 48700721 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 3256166 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 1872008 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 3459224 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3466724 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 42975709 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 57215886 |
| IRS990/TransactionWithControlEntInd | 0 | false |
| IRS990/TravelGrp/TotalAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | false |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 5900 NW 7TH AVENUE SUITE 102 |
| IRS990/USAddress/CityNm | 0 | MIAM |
| IRS990/USAddress/StateAbbreviationCd | 0 | FL |
| IRS990/USAddress/ZIPCd | 0 | 33127 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 0 |
| IRS990/WebsiteAddressTxt | 0 | https://tedcbuilds.org/ |
| IRS990/WhistleblowerPolicyInd | 0 | true |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | CAROL GARDNER |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3057573737 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-07-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | TACOLCY ECONOMIC DEVELOPMENT CORPORATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | TACO |
| ReturnHeader/Filer/EIN | 0 | 592246692 |
| ReturnHeader/Filer/PhoneNum | 0 | 3057573737 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5900 NW 7TH AVENUE APT 102 |
No mirrored PDF or thumbnail assets are attached yet.
Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • $50M-$100M nonprofits
Wise, VA
View Organization501(c)3
Revenue vs current organization
270% higherAssets vs current organization
About the sameFond Du Lac, WI
View Organization501(c)3
Revenue vs current organization
1012% higherAssets vs current organization
About the sameIndianapolis, IN
View Organization501(c)3
Revenue vs current organization
687% higherAssets vs current organization
About the sameFort Myers, FL
View Organization501(c)3
Revenue vs current organization
86% higherAssets vs current organization
About the same