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Nonprofit · EIN 38-3409849

TAYLOR COMMUNITY DEVELOPMENT CORP

Tax-exempt · TAYLOR, MI 48180

Financials

$16.7M$17.5M2022$15.6M$16.4M2023$18.6M$16.7M2024
Revenue Expenses · by fiscal year end
Financials of TAYLOR COMMUNITY DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$18,632,909$16,675,439$1,957,470$25,064,462$22,405,739$2,658,723
June 30, 2024990$15,641,417$16,426,227-$784,810$23,995,328$23,114,299$881,029
June 30, 2023990$16,733,074$17,487,667-$754,593$27,799,622$24,274,293$3,525,329
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$17,966,163
Investment income
$112,435
Other revenue
$554,311

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$227,350
Accounting fees
$48,000
Occupancy
$2,725,512
Travel
$514
Depreciation
$2,061,580
Program services (functional)
$15,929,849
Management and general (functional)
$745,590

Balance sheet and other

Total assets, start of year
$23,995,328
Total assets, end of year
$25,064,462
Total liabilities, end of year
$22,405,739
Net assets, end of year
$2,658,723
Land, buildings and equipment
$16,527,281
Net assets without donor restrictions
-$418,382
Net assets with donor restrictions
$3,077,105
Gross receipts
$18,632,909
Employees
0
Volunteers
6
Year formed
1997
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JASON COUTUREPRESIDENT
Trustee or director, Officer
1.3$0$127,143$21,944
DEAN M PHILOTREASURER
Trustee or director, Officer
1.3$0$0$0
LAURIE TRUEBLOODSECRETARY
Trustee or director, Officer
1.3$0$0$0
CONRAD VALLEBOARD MEMBER
Trustee or director
1.3$0$0$0
FRED MILLERBOARD MEMBER
Trustee or director
1.3$0$0$0
MICHELLE ALFORDBOARD MEMBER
Trustee or director
1.3$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JASON COUTUREPRESIDENT
Trustee or director, Officer
1.3$0$110,423$15,625
DEAN M PHILOTREASURER
Trustee or director, Officer
1.3$0$0$0
LAURIE TRUEBLOODSECRETARY
Trustee or director, Officer
1.3$0$0$0
MIKE CLEAVERBOARD MEMBER - PART YEAR
Trustee or director
1.3$0$0$0
CONRAD VALLEBOARD MEMBER
Trustee or director
1.3$0$0$0
FRED MILLERBOARD MEMBER
Trustee or director
1.3$0$0$0
MICHELLE ALFORDBOARD MEMBER
Trustee or director
1.3$0$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JASON COUTUREPRESIDENT
Trustee or director, Officer
1.3$0$104,689$16,617
DEAN M PHILOTREASURER
Trustee or director, Officer
1.3$0$0$0
LAURIE TRUEBLOODSECRETARY
Trustee or director, Officer
1.3$0$0$0
MIKE CLEAVERBOARD MEMBER
Trustee or director
1.3$0$0$0
CONRAD VALLEBOARD MEMBER
Trustee or director
1.3$0$0$0
FRED MILLERBOARD MEMBER
Trustee or director
1.3$0$0$0

Address and contacts

Address (IRS master file)
23555 GODDARD RD, TAYLOR, MI 48180-4116
In care of
% WALTER A PAYNE III
Principal officer (990 for 2024)
JASON COUTURE, 23555 GODDARD ROAD, TAYLOR, MI 48180
Signed the 990
JASON COUTURE, PRESIDENT
Phone
(734) 374-2733
Return prepared by
PLANTE & MORAN PLLC

Mission

TO FURTHER THE CHARITABLE OR OTHER EXEMPT PUBLIC PURPOSES AND OPERATIONS OF THE CITY OF TAYLOR AND ITS HOUSING COMMISSION BY ACQUIRING, RECEIVING, OWNING, HOLDING, REHABILITATING, DEVELOPING, SELLING, LEASING, MANAGING, MORTGAGING, FINANCING, AND OTHERWISE DEALING IN REAL ESTATE, WITH AN EMPHASIS ON HOUSING FOR PERSONS OF LOW OR MODERATE INCOME.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDING APARTMENTS FOR LOW INCOME FAMILIES WITH APPROXIMATELY 77% OF THE UNITS DESIGNATED FOR TENANTS WHOSE HOUSEHOLD INCOME IS 80% OR LESS OF MEDIAN HOUSEHOLD INCOME FOR THE DETROIT PMSA. THE REMAINING 23% OF UNITS WILL HAVE NO HOUSEHOLD RESTRICTIONS.
    Expenses $15,929,849 · revenue $18,520,474

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
38-3409849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1998
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,064,462
Income (IRS master file)
$18,632,909

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$18,632,909$16,675,439$25,064,462IRS
990June 2024$15,641,417$16,426,227$23,995,328IRS
990-TJune 2024–––IRS
990June 2023$16,733,074$17,487,667$27,799,622XML
990-TJune 2023–––IRS
990June 2022$15,218,096$13,330,866$30,259,490IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-3409849).

Questions about TAYLOR COMMUNITY DEVELOPMENT CORP

What is the EIN of TAYLOR COMMUNITY DEVELOPMENT CORP?
The employer identification number (EIN) of TAYLOR COMMUNITY DEVELOPMENT CORP is 38-3409849.
Is TAYLOR COMMUNITY DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
Are donations to TAYLOR COMMUNITY DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does TAYLOR COMMUNITY DEVELOPMENT CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TAYLOR COMMUNITY DEVELOPMENT CORP due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TAYLOR COMMUNITY DEVELOPMENT CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TAYLOR COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 names JASON COUTURE.
Who are the officers and directors of TAYLOR COMMUNITY DEVELOPMENT CORP?
The 990 for the year ended June 30, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does TAYLOR COMMUNITY DEVELOPMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $18,632,909, expenses of $16,675,439 and total assets of $25,064,462 at year end.

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