Tucc Inc

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

EIN: 841943979 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Tucc Inc?

Tucc Inc, headquartered in Wilmington, Delaware, is a nonprofit organization established by Taylor University. Its primary role is to serve as the corporate trustee for the Taylor University Sponsoring Organization (TUSO), an entity created by the university to manage primarily non-cash contributions. The core mission of Tucc Inc is to support the educational purposes of Taylor University. This is achieved by administering donated non-cash contributions, working towards the betterment and continuity of the university's educational ventures.

Is Tucc Inc legitimate?

Tucc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tucc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Tucc Inc?

Tucc Inc, an organization established by Taylor University, has a mission to support the educational purposes of the university. Specifically, their role is to administer donated non-cash contributions. This is achieved through their role as the corporate trustee of the Taylor University Sponsoring Organization (TUSO), a entity created by the university to facilitate the acceptance of primarily non-cash contributions. In essence, Tucc Inc serves as a bridge between donors and Taylor University, ensuring that their educational mission continues to thrive through financial support.

Who is the CEO of Tucc Inc?

Unavailable

What is the revenue of Tucc Inc?

Tucc Inc's revenue in 2022 was $2,455,833.

Who are the executives of Tucc Inc and what are their salaries?

There 2 volunteers at Tucc Inc.


Here are 6 key members and their salaries:


Dr D Michael Lindsay (President Beginning August 2021)
  • Compensation: $0
  • Related: $152,408
  • Other: $24,581
Paige Cunningham (President Until August 2021)
  • Compensation: $0
  • Related: $205,397
  • Other: $26,919
Rex Bennett (Vice President)
  • Compensation: $0
  • Related: $193,286
  • Other: $31,918
Stephen Olson (Secretary & Treasurer)
  • Compensation: $0
  • Related: $138,841
  • Other: $32,117
Jonathan Beukelman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tucc Inc?

Tucc Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tucc Inc

Tucc Inc, short for Taylor University Corporate Council, is an organization dedicated to supporting the educational objectives of Taylor University. Its primary mission is to serve as the corporate trustee for the Taylor University Sponsoring Organization (TUSO), a body created by the university to manage primarily non-cash contributions. In essence, Tucc Inc is responsible for administering donated resources to Taylor University, thereby contributing to its educational pursuits.

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Impact




October, 2024

Tucc Inc plays a significant role in enhancing the educational landscape of Taylor University by effectively managing and administrating donated non-cash contributions. By serving as the corporate trustee of the Taylor University Sponsoring Organization (TUSO), Tucc Inc ensures that valuable resources are strategically directed towards supporting the university's mission. This support not only facilitates the growth and development of educational programs at Taylor University but also fosters a community of giving that enhances the overall student experience. The organization’s efforts in handling these contributions contribute to the sustainability and enrichment of the university’s educational offerings, allowing Taylor University to continue its commitment to excellence in education.




This information is meant to be a general summary of Tucc 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
$2,455,833 (2022)
Expenses
$3,040 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,973
  • Gross Receipts: $2,457,261

Assets and Liabilities:

  • Total Assets: $9,931,765
  • Total Liabilities: $4,156,972
  • Net Assets: $5,774,793

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Organization Details

Founding Year

2019

Main Address

15 Center Meeting Road, Wilmington, DE, 19807

NTEE Category

Code: B12 - Education

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