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Tayan Alliances Inc

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

EIN: 263312955 ✦ Pompano beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Tayan Alliances Inc?

Tayan Alliances Inc, situated in Pompano Beach, Florida, is a nonprofit organization that focuses on offering residential properties for lease and purchase to eligible low and middle-income families. Their mission is to provide top-notch housing solutions, striving for quality in every residence they offer, whether for rent or purchase. With a team of dedicated individuals, Tayan Alliances Inc aims to make a positive impact on the community by ensuring affordable housing options for those in need. Their activities reflect their commitment to this cause, contributing to the well-being of families and the community as a whole.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star Rating

Tayan Alliances Inc has received a 56% score from Charity Navigator, which results in a One-Star rating, indicating areas of significant concern regarding its accountability and financial practices. The organization benefits from having a fully independent board, which is a positive aspect, but several key financial documentation elements are missing, impacting transparency.

While Tayan Alliances Inc demonstrates a strong program expense ratio of 100%, reflecting that all expenses are directed towards program activities, the absence of financial statements and other critical documentation raises questions about the overall financial health and oversight of the organization. Furthermore, the lack of a whistleblower policy and document retention procedures signal potential weaknesses in governance.

In summary, while the organization shows strengths in its governance structure, the missing financial transparency elements and policies could hinder trust among potential donors and stakeholders. Enhancements in documenting and reporting financial practices would be crucial for improving its rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Tayan Alliances Inc legitimate?

Tayan Alliances Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tayan Alliances 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $56,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tayan Alliances Inc?

Tayan Alliances Inc's mission is centered around offering high-quality residential accommodations. This mission is aimed at catering to both low-income and middle-income families, providing them with the option to either rent or purchase these properties. The organization is dedicated to utilizing taxpayer-funded properties for this purpose, thereby making affordable housing more accessible to a broader segment of the population.

Who is the CEO of Tayan Alliances Inc?

Ann Taylor is the Cp of Tayan Alliances Inc.

What is the revenue of Tayan Alliances Inc?

Tayan Alliances Inc's revenue in 2020 was $1,881,627.

Who are the executives of Tayan Alliances Inc and what are their salaries?

The average compensation at Tayan Alliances Inc during 2020 was $56,344. There is 1 employee at Tayan Alliances Inc.


There is 1 key member and their salary:


Ann Taylor (Cp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tayan Alliances Inc?

Tayan Alliances Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Tayan Alliances Inc

Tayan Alliances Inc is dedicated to fulfilling a noble mission. This mission revolves around providing high-quality residential properties for lease and purchase to families who fall within the low-income and middle-income brackets. The organization, through its efforts, aims to make housing affordable and accessible to a segment of society that often struggles with these aspects. The taxpayer-funded properties offered by Tayan Alliances Inc serve as a beacon of hope, providing eligible families with a chance to secure stable and comfortable living spaces. By providing quality residences for rent and purchase, Tayan Alliances Inc plays a significant role in enhancing the living standards of its beneficiary families, thereby contributing positively to their overall well-being.

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Impact




October, 2024

Tayan Alliances Inc significantly contributes to the community by increasing access to quality housing for low and middle-income families. By offering residential properties for lease and purchase, the organization addresses a crucial need for affordable housing options in Pompano Beach, FL. This impact not only helps families secure stable living conditions but also fosters community development and enhances the overall quality of life in the area. The provision of taxpayer-funded properties ensures that eligible families have opportunities to achieve homeownership or stable rentals, promoting economic stability and growth within the community.




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


Financials

This financial information is from Propublica.

Revenue
$1,881,627 (2020)
Expenses
$1,955,776 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $1,869,914
  • Gross Receipts: $1,881,627

Assets and Liabilities:

  • Total Assets: $1,768,487
  • Total Liabilities: $1,452,179
  • Net Assets: $316,308

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Programs

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

Rental of real property

Revenue

$108,914

Sale of real property

Revenue

$1,761,000

Organization Details

Founding Year

2009

Principal Officer

Ann Taylor

Main Address

1410 SW 29TH AVENUE SUITE 200, Pompano Beach, FL, 33069

NTEE Category

Code: L20 - Housing

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