Overview
What is Tchdc Limited?
Tchdc Limited is a limited partner organization situated in St. Paul, Minnesota, with an address at 1360 Energy Park Drive 210. Their primary mission is to support and aid in carrying out the functions of Twin Cities Housing Development Corporation (TCHDC), a nonprofit with a mission to provide low and moderate-income housing, contributing to social welfare. In 2022, Tchdc Limited was involved in three real estate developments, acting as the limited partner in one project and the interim limited partner in two others. They also transferred their interest in one project to other entities during the conversion to permanent financing on related projects. Through their involvement in affordable housing, Tchdc Limited has contributed to preserving 1533 units of affordable housing units.
Is Tchdc Limited legitimate?
Tchdc Limited is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tchdc Limited 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Tchdc Limited?
Tchdc Limited's mission is to aid and facilitate the functions of the Twin Cities Housing Development Corporation (TCHDC), an organization dedicated to providing affordable housing and promoting social welfare. Tchdc Limited's role is to assist TCHDC in achieving its goal of offering housing to individuals with low and moderate incomes. In 2022, Tchdc Limited served as the limited partner in one development and the interim limited partner in two others. They also transferred their interest in one project to other entities, contributing to the preservation of 1533 units of affordable housing.
Who is the CEO of Tchdc Limited?
Barbara Mcquillan is the President of Tchdc Limited.
What is the revenue of Tchdc Limited?
Tchdc Limited's revenue in 2022 was $711,154.
Who are the executives of Tchdc Limited and what are their salaries?
There 3 volunteers at Tchdc Limited.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $203,064
- Other: $27,977
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tchdc Limited?
Tchdc Limited's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tchdc Limited
Tchdc Limited, with a mission to support the functions and assist in carrying out the purposes of the Twin Cities Housing Development Corporation (TCHDC), works towards promoting social welfare. TCHDC's primary objective is to provide low and moderate-income housing, contributing significantly to this cause. In 2022, Tchdc Limited played a crucial role in various housing developments, serving as the limited partner in one project and the interim limited partner in two others. The organization also transferred its interim limited partner interest in one project to other entities, facilitating the conversion to permanent financing on related projects. Through its involvement in affordable housing, Tchdc Limited has contributed to preserving a substantial number of 1533 units, thereby providing a vital service for those in need.
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Impact
October, 2024
Tchdc Limited plays a critical role in enhancing social welfare through its robust involvement in affordable housing initiatives. In 2022, the organization acted as a limited partner in one development and served as the interim limited partner in two additional projects. This engagement has been pivotal; Tchdc Limited successfully facilitated the preservation of 1,533 units of affordable housing, addressing the pressing need for low and moderate-income housing in the St. Paul area.
By supporting housing developments, Tchdc Limited not only contributes to the availability of affordable homes but also strengthens the overall community by ensuring that vulnerable populations have access to stable living conditions. The organization's strategic participation in various projects, including the transfer of its interim limited partner interest in alignment with permanent financing conversions, showcases its commitment to sustainable housing solutions. Through these efforts, Tchdc Limited significantly impacts the social fabric of the communities it serves, promoting a more equitable and supportive environment for all residents.
This information is meant to be a general summary of Tchdc Limited. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,388
- Program Service Revenue: $708,766
- Gross Receipts: $711,154
Assets and Liabilities:
- Total Assets: -$207,497
- Total Liabilities: $0
- Net Assets: -$207,497
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL REAL ESTATE
Revenue
$708,766
Organization Details
Founding Year
1987
Phone
(651) 292-0211Principal Officer
Barbara Mcquillan
Main Address
1360 ENERGY PARK DRIVE 210, ST PAUL, MN, 55108
NTEE Category
Code: Z99 - Unknown
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