Overview
What is Tekton Residential?
Tekton Residential is a nonprofit organization dedicated to affordable home building and neighborhood restoration. In 2020, they successfully constructed their first home in Dallas, Texas, at 1210 E. 9th Street. Following the completion of the project, they also facilitated the sale of the property. The organization's mission revolves around improving living conditions and communities by focusing on affordable housing solutions.
Is Tekton Residential legitimate?
Tekton Residential is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tekton Residential 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.
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What is the mission statement of Tekton Residential?
Tekton Residential's mission is centered around providing affordable home building and neighborhood restoration. Their primary objective is to construct affordable homes and revitalize communities. In 2020, they successfully constructed their first home at an undisclosed location and sold it, marking a successful completion of their mission in this particular project. The organization continues to strive towards making housing affordable and restoring neighborhoods, aiming to contribute positively to communities.
Who is the CEO of Tekton Residential?
John Stenger is the President of Tekton Residential.
What is the revenue of Tekton Residential?
Tekton Residential's revenue in 2020 was $250,280.
Who are the executives of Tekton Residential and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Tekton Residential?
Tekton Residential's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Tekton Residential
Tekton Residential, a nonprofit organization, is dedicated to the mission of affordable home building and neighborhood restoration. This mission is centered around constructing affordable homes and revitalizing communities. In 2020, Tekton Residential demonstrated this commitment by completing and selling its first home at 1210 E. 9th Dallas TX 75215. This project not only showcased their capability in affordable home building but also marked their entry into the housing market. The organization's mission extends beyond individual homes, aiming to contribute to the overall renovation and improvement of neighborhoods, ultimately enhancing the quality of life for local residents.
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Impact
October, 2024
Tekton Residential has made a significant impact in the Dallas community by focusing on affordable home building and neighborhood restoration. Since constructing their first home at 1210 E. 9th in Dallas in 2020, they have not only provided accessible housing options but also contributed to revitalizing neighborhoods. Their efforts help create a sense of community and improve the overall quality of life for residents. By marketing and successfully selling homes, Tekton Residential makes homeownership attainable for families who might otherwise struggle to find affordable housing in the area. Their mission supports the growth and sustainability of the community, fostering stability and hope for local residents.
This information is meant to be a general summary of Tekton Residential. 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 2020.
- Program Service Revenue: $250,020
- Gross Receipts: $250,280
Assets and Liabilities:
- Total Assets: $124,975
- Total Liabilities: $7,032
- Net Assets: $117,943
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
New Single-Family Housing Construction except Operative Builders
Revenue
$250,020
Organization Details
Founding Year
2018
Phone
(214) 256-5993Principal Officer
John Stenger
Main Address
1401 Botham Jean Blvd, DALLAS, TX, 75215
NTEE Category
Code: L20 - Housing
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