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Ta Initiative

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

EIN: 843897453 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Ta Initiative?

Ta Initiative is a nonprofit organization located in Houston, Texas. Their primary mission is to assist and educate underserved individuals by providing them with essential aid and support to enhance their quality of life. They offer rental opportunities for low to moderate income families and extend loans to residents who are unable to secure loans from traditional banks. Currently, five homes are being actively rented to families in need. The organization's goal is to help these individuals improve their lives and gain access to housing options that might otherwise be unattainable.

Is Ta Initiative legitimate?

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

The Ta Initiative's mission is centered around assisting and educating underserved individuals. They strive to enhance the lives of these individuals by providing aid and sustenance. The organization offers rental accommodations for low to moderate income residents, and additionally, provides loans to those who are unable to secure loans from traditional banks. The ultimate goal is to improve the quality of life for these individuals through their support. Currently, there are five homes being rented out to low to moderate income families by the Ta Initiative.

Who is the CEO of Ta Initiative?

Haikhanh Tran is the Director of Ta Initiative.

What is the revenue of Ta Initiative?

Ta Initiative's revenue in 2022 was $374,513.

Who are the executives of Ta Initiative and what are their salaries?

There 3 volunteers at Ta Initiative.


Here are 3 key members and their salaries:


Haikhanh Tran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trina Do (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thy Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ta Initiative?

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

Mission Statement of Ta Initiative

Ta Initiative, a nonprofit organization, is committed to assisting and educating underserved individuals. Its primary mission is to provide aid and resources to improve the quality of life for these individuals. The initiative achieves this by offering affordable housing through rental properties for low to moderate income residents. Furthermore, Ta Initiative extends its support to residents who may not qualify for loans from traditional banks by offering loans within its organization. At present, the nonprofit is actively renting out five homes to families falling under the low to moderate income bracket.

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Impact




October, 2024

Ta Initiative significantly enhances the lives of underserved individuals by providing essential education and support aimed at improving their overall quality of life. By offering rental housing for low to moderate-income residents, it directly addresses the pressing need for affordable living options in Houston, TX. The initiative operates five homes that are actively rented, creating stable living environments for families who might otherwise struggle to find suitable accommodations.

In addition to housing provisions, Ta Initiative offers financial assistance through loans for those who cannot qualify for traditional bank financing. This support helps empower individuals and families, giving them access to resources that can lead to greater financial stability and independence. Through its multifaceted approach, Ta Initiative plays a critical role in uplifting the community, fostering a sense of security, and enabling residents to navigate their pathways toward a better future.




This information is meant to be a general summary of Ta Initiative. 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
$374,513 (2022)
Expenses
$122,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $217
  • Program Service Revenue: $16,370
  • Gross Receipts: $374,513

Assets and Liabilities:

  • Total Assets: $1,560,284
  • Total Liabilities: $13,769
  • Net Assets: $1,546,515

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

NON-GOVERNMENT RENT

Revenue

$16,361

OTHER REVENUE

Revenue

$9

Organization Details

Founding Year

2019

Principal Officer

Haikhanh Tran

Main Address

8388 W SAM HOUSTON PKWY 188, HOUSTON, TX, 77072

NTEE Category

Code: L82 - Housing

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