Overview
What is Teof?
Teof is a nonprofit organization situated in Dallas, Texas, with a mission to establish economic opportunities. They achieve this by providing support for affordable workforce housing and permanent supportive housing for the formerly homeless. Additionally, they strive to create employment and housing opportunities for low-income workers, contributing to the overall economic development of the community.
Is Teof legitimate?
Teof is a legitimate nonprofit organization registered as a 501(c)(3) entity. Teof 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: $8,100
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Teof?
Teof's mission is centered around establishing economic opportunities. This is achieved by providing support for affordable workforce housing and permanent supportive housing for individuals who have previously experienced homelessness. Additionally, Teof aims to create job and housing opportunities for low-income workers. The goal is to enhance the economic prospects of these individuals, thereby contributing to a more prosperous community.
What is the revenue of Teof?
Teof's revenue in 2022 was $0.
Who are the executives of Teof and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $91,587
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $8,100
- Related: $225,450
- Other: $0
Where can I find the form 990 for Teof?
Teof's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Teof
Teof aims to establish economic opportunities in various contexts by providing support for affordable workforce housing and permanent supportive housing for the formerly homeless. Additionally, this nonprofit organization seeks to create employment and housing opportunities for individuals with low income. By pursuing these initiatives, Teof works towards enhancing the livelihoods and prospects of these communities, ultimately contributing to a more economically stable society.
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Impact
October, 2024
Teof significantly impacts the Dallas community by facilitating economic opportunities, particularly for low-income workers and the formerly homeless. By focusing on affordable workforce housing, Teof helps create a stable living environment, which is crucial for individuals to secure and maintain employment. This approach not only addresses immediate housing needs but also contributes to long-term economic stability for families and individuals who might otherwise struggle to find affordable living options.
Additionally, Teof’s emphasis on permanent supportive housing plays a critical role in the transition for those who have experienced homelessness. Providing a supportive environment helps these individuals rebuild their lives, fostering a sense of community and belonging while equipping them with the resources necessary to achieve financial independence.
Furthermore, Teof actively creates job opportunities that complement housing support, ensuring that individuals not only have a place to live but also the means to sustain themselves. By bridging the gap between housing and employment, Teof reinforces the overall economic health of the Dallas area, driving forward a model of sustainable development that benefits the community as a whole. This comprehensive approach not only addresses pressing social issues but also promotes a more equitable and thriving Dallas for everyone.
This information is meant to be a general summary of Teof. 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.
Assets and Liabilities:
- Total Assets: $1,202,012
- Total Liabilities: $3,128
- Net Assets: $1,198,884
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Organization Details
Founding Year
2002
Principal Officer
John P Greenan
NTEE Category
Code: B11 - Education
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