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Tax Credit Benevolent Association

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

EIN: 812453341 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Tax Credit Benevolent Association?

The Tax Credit Benevolent Association (TCBA) is a nonprofit organization based in St. Louis, Missouri. Their primary mission is to provide educational advisory services to individuals and organizations utilizing state tax credit programs. These programs, enacted by state legislatures, aim to incentivize investments in activities with social, cultural, environmental, and economic benefits for the community. TCBA's expertise in tax credits offers substantial educational guidance, enabling projects and activities to qualify for and benefit from these incentives granted by state governments. By assisting tax credit recipients and facilitating proper usage of the tax credit programs, TCBA eases the governmental burden of administering these initiatives.

Is Tax Credit Benevolent Association legitimate?

Tax Credit Benevolent Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tax Credit Benevolent Association 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 Tax Credit Benevolent Association?

The Tax Credit Benevolent Association (TCBA) is committed to assisting users of state tax credit programs. Their mission is to facilitate the application, earning, monetization, and compliance with the long-term requirements of these state tax credit programs. These programs, passed by state legislatures, provide tax incentives for activities with social, cultural, environmental, and economic benefits. TCBA's activities aim to benefit society in various ways, such as job creation, affordable housing, and renewable energy initiatives. To ease the governmental burden, TCBA offers educational activities that expedite the proper use of these state tax credit programs.

Who is the CEO of Tax Credit Benevolent Association?

Philip D Estep is the President of Tax Credit Benevolent Association.

What is the revenue of Tax Credit Benevolent Association?

Tax Credit Benevolent Association's revenue in 2022 was $709,695.

Who are the executives of Tax Credit Benevolent Association and what are their salaries?

There 3 volunteers at Tax Credit Benevolent Association.


Here are 3 key members and their salaries:


Philip D Estep (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elise L Westwood (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary H Carpenter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tax Credit Benevolent Association?

Tax Credit Benevolent Association's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tax Credit Benevolent Association

The Tax Credit Benevolent Association, or TCBA, is dedicated to assisting users of state tax credit programs. Its mission is to simplify and facilitate the process of applying for, earning, and monetizing these tax credits, which are passed by state legislatures to incentivize investments in activities with social, cultural, environmental, and economic benefits. The public purpose of these state tax credits is to advance the health and welfare of society in various ways, such as creating jobs, providing affordable housing, supporting senior housing, and promoting renewable energy sources.

TCBA recognizes the complexity of state tax credit programs and aims to alleviate the governmental burden of administering them. By offering educational activities, TCBA seeks to expedite the proper use of these programs, thereby ensuring that they benefit society effectively. The association's work is intended to help individuals and organizations fully understand and take advantage of the various opportunities presented by state tax credit programs, ultimately contributing to the betterment of their communities.

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Impact




July, 2024

Tax Credit Benevolent Association's impact lies in its crucial role in assisting users of state tax credit programs. By providing educational advisory services, TCBA helps individuals and organizations navigate the complex process of conceiving, planning, applying for, and complying with state tax credit programs. This expertise enables projects and activities to successfully qualify for and benefit from incentives granted by state governments, ultimately supporting social, cultural, environmental, and economic initiatives that benefit society. Additionally, TCBA's assistance relieves the governmental burden of administering state tax credit programs, ensuring the proper and effective use of these incentives for the betterment of communities and individuals.




This information is meant to be a general summary of Tax Credit Benevolent Association. 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
$709,695 (2022)
Expenses
$6,922 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $709,695

Assets and Liabilities:

  • Total Assets: $1,255,985
  • Total Liabilities: $0
  • Net Assets: $1,255,985

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Organization Details

Founding Year

2016

Principal Officer

Philip D Estep

Main Address

1034 S BRENTWOOD BLVD STE 1560, ST LOUIS, MO, 63117

NTEE Category

Code: T02 - Philanthropy

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