Technical Assistance Corporation
- Assets
- $1.1m
- Revenue
- -$467.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1970
- Data as of
- 12/2022
- EIN
- 23-7058125
Organization Overview
Technical Assistance Corporation is located in Chicago, IL. The organization was established in 1970. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Technical Assistance Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHED STATEMENT 11 ITEM #1
SEE ATTACHED STATEMENT 11 ITEM #2
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Brown - Stmt 9 10 President | 40 | $69,000 | |
David Midgley - Stmt 9 Secretary | 2 | $0 | |
Donald Register - Stmt 9 Treasurer | 1 | $0 | |
Mark Burns - Stmt 9 Vice-President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,347 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$470,264 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $254 |
| Total Revenue | -$467,663 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $69,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,373 |
| Depreciation | $0 |
| Occupancy | $13,500 |
| Travel, conferences, and meetings | $3,731 |
| Printing and publications | $0 |
| Other expenses | $30,342 |
| Total operating and administrative expenses | $146,537 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $396,537 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $887,198 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,454 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $226,216 |
| Total assets | $1,114,868 |
| Accounts payable and accrued expenses | $20,073 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,073 |
Grants Awarded
Over the last fiscal year, Technical Assistance Corporation has awarded $250,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY VENTURES 2011 LLC PURPOSE: FOR ITS 0% INTEREST SEED MONEY LOAN PROGRAM IN SUPPORT OF LOW INCOME HOUSING AND ECONOMIC AND COMMUNITY DEVELOPMENT. | $225,000 |
JEWISH COUNCIL OF URBAN AFFAIRS PURPOSE: SUPPORT FOR CERTAIN ADMINISTRATIVE AND STAFF COSTS FOR COMMUNITY VENTURES 2011 LLC GRANT (ABOVE). | $25,000 |