Tuso

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

EIN: 841953499 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Tuso?

Tuso is a nonprofit organization situated in Wilmington, Delaware, with an address at 15 Center Meeting Road. Its primary mission is to support Taylor University in fundraising activities and serve as a repository for any non-cash gifts that donors may contribute in the future. Tuso's primary objective is to aid in the educational purposes of Taylor University. The organization is not a standalone entity but rather an auxiliary body, assisting in raising funds and managing non-cash donations for the university's betterment.

Is Tuso legitimate?

Tuso is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tuso 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 Tuso?

Tuso's mission is centered around supporting the educational purposes of Taylor University. Specifically, Tuso serves to assist Taylor University in fundraising activities and acts as a depository for any non-cash gifts that donors may contribute in the future. By doing so, Tuso plays a crucial role in helping Taylor University secure the resources it needs to fulfill its educational mission.

Who is the CEO of Tuso?

D Michael Lindsay is the Principal Officer of Tuso.

What is the revenue of Tuso?

Tuso's revenue in 2022 was $5,791,544.

Who are the executives of Tuso and what are their salaries?


Here are 4 key members and their salaries:


Tucc Inc (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Falder (President)
  • Compensation: $113,095
  • Related: $0
  • Other: $30,749
David Melilli (Vice President & Executive)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen P Olson (Secretary & Treasurer)
  • Compensation: $156,880
  • Related: $0
  • Other: $33,212
Where can I find the form 990 for Tuso?

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

Mission Statement of Tuso

Tuso, a nonprofit organization, is dedicated to supporting the educational purposes of Taylor University. Its primary mission is to aid Taylor University in fundraising activities and serve as a repository for any non-cash gifts that donors might choose to contribute in the future. Essentially, Tuso's role is to facilitate financial support for Taylor University, ensuring its continued educational endeavors.

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Impact




October, 2024

Tuso plays a significant role in enhancing the educational landscape at Taylor University by actively engaging in fundraising initiatives that bolster the university's resources and programs. Through its efforts, Tuso helps to create opportunities for students and enhances the overall academic experience.

By serving as a conduit for non-cash donations, Tuso ensures that a variety of support can be directed to Taylor University, facilitating the development of programs and infrastructure necessary for a vibrant educational environment. This impact extends beyond immediate financial contributions; it fosters a culture of generosity and community involvement, encouraging alumni and supporters to contribute in ways that align with their capabilities and preferences.

Overall, Tuso's activities not only support Taylor University’s financial goals but also contribute to its mission of providing quality education, ultimately benefiting students and the wider academic community.




This information is meant to be a general summary of Tuso. 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
$5,791,544 (2022)
Expenses
$476,108 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22,137
  • Gross Receipts: $5,817,001

Assets and Liabilities:

  • Total Assets: $7,883,788
  • Total Liabilities: $0
  • Net Assets: $7,883,788

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Organization Details

Founding Year

2019

Principal Officer

D Michael Lindsay

Main Address

15 CENTER MEETING ROAD, WILMINGTON, DE, 198071301

NTEE Category

Code: B11 - Education

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