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Nonprofit · EIN 43-1553849

TECHNICAL ASSISTANCE CORP

Tax-exempt · ST LOUIS, MO 63103

Financials

$1.8M$227K2023$1.9M$296K2024
Revenue Expenses · by fiscal year end
Financials of TECHNICAL ASSISTANCE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,876,180$295,995$1,580,185$12,636,051$1,511,229$11,124,822
December 31, 2023990$1,792,047$227,011$1,565,036$10,981,154$1,463,656$9,517,498
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,836,474
Program service revenue
$39,706
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$125
Program services (functional)
$98,804
Management and general (functional)
$197,026
Fundraising (functional)
$165

Balance sheet and other

Total assets, start of year
$10,981,154
Total assets, end of year
$12,636,051
Total liabilities, end of year
$1,511,229
Net assets, end of year
$11,124,822
Net assets without donor restrictions
$11,086,316
Net assets with donor restrictions
$38,506
Gross receipts
$1,876,180
Employees
0
Volunteers
8
Year formed
1990
State of legal domicile
MO

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
COLLEEN HAFNERPRESIDENT
Officer
1$0$130,267$31,692
MARK STROKERVICE PRESIDENT
Officer
1$0$113,601$30,803
BRIAN HURDTREASURER
Officer
1$0$88,534$27,073
KATHY KINGSBURYSECRETARY
Officer
1$0$63,437$20,860
MARY CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
JONATHAN GOLDSTEINDIRECTOR
Trustee or director
1$0$0$0
MICHAEL HOLMESDIRECTOR (THRU 12/24)
Trustee or director
1$0$0$0
DAVID C MASONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL MCMILLANDIRECTOR (THRU 12/24)
Trustee or director
1$0$0$0
W THOMAS REEVESDIRECTOR
Trustee or director
1$0$0$0
HENRY HANK S WEBBERDIRECTOR
Trustee or director
1$0$0$0
RANDY WELLERDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TERRELL CARTERPRESIDENT (THRU 11/2023)
Officer
1$0$139,273$16,029
MARK STROKERVICE PRESIDENT
Officer
1$0$104,050$35,841
COLLEEN HAFNERPRESIDENT
Officer
1$0$75,851$34,580
KATHY KINGSBURYSECRETARY
Officer
1$0$69,382$24,940
BRIAN HURDTREASURER
Officer
1$0$77,154$15,002
JASON WARETREASURER (THRU 7/2023)
Officer
1$0$70,588$5,022
JOE AMBROSEDIRECTOR
Trustee or director
1$0$0$0
MARY CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
JONATHAN GOLDSTEINDIRECTOR
Trustee or director
1$0$0$0
MICHAEL HOLMESDIRECTOR
Trustee or director
1$0$0$0
DAVID C MASONDIRECTOR
Trustee or director
1$0$0$0
MICHAEL MCMILLANDIRECTOR
Trustee or director
1$0$0$0
W THOMAS REEVESDIRECTOR
Trustee or director
1$0$0$0
HENRY HANK S WEBBERDIRECTOR
Trustee or director
1$0$0$0
RANDY WELLERDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
1627 WASHINGTON AVENUE, ST LOUIS, MO 63103-1876
In care of
% MR RON KRAUS
Principal officer (990 for 2024)
COLLEEN HAFNER, 1627 WASHINGTON AVENUE, ST LOUIS, MO 63103
Signed the 990
COLLEEN HAFNER, PRESIDENT
Phone
(314) 231-9400
Return prepared by
RUBINBROWN LLP

Mission

TECHNICAL ASSISTANCE CORPORATION ("TAC") WORKS TO REDEVELOP AND STRENGTHEN COMMUNITIES BY PROVIDING HOUSING DEVELOPMENT SERVICES, CAPACITY-BUILDING AND FINANCING FOR THE SUCCESSFUL REVITALIZATION OF NEIGHBORHOODS IN THE ST. LOUIS METROPOLITAN AREA IN COOPERATION WITH RISE COMMUNITY DEVELOPMENT, A 501(C)(3) ORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • PREDEVELOPMENT AND PERMANENT FINANCING: MOST NONPROFIT COMMUNITY DEVELOPMENT ORGANIZATIONS DO NOT HAVE THE ABILITY TO PAY THE COSTS NECESSARY TO GET A DEVELOPMENT PROJECT TO THE POINT WHERE CONVENTIONAL CONSTRUCTION FINANCING BECOMES AVAILABLE. TO GET REDEVELOPMENT PROJECTS STARTED IN ST. LOUIS' MOST DISTRESSED NEIGHBORHOODS, TECHNICAL ASSISTANCE CORPORATION ("TAC") OFFERS PREDEVELOPMENT LOANS TO NONPROFIT NEIGHBORHOOD ORGANIZATIONS, ENABLING THEM TO START PLANNING AND BUILDING TOWARD A VISION OF IMPROVED NEIGHBORHOOD VITALITY. THESE LOANS ARE OFFERED AT BELOW-MARKET INTEREST RATES AND PROVIDE A "FIRST-IN" SOURCE OF FINANCING, ACCELERATING THE TIME FROM CONCEPT TO CONSTRUCTION AND ABSORBING THE RISK THAT CANNOT BE ACCEPTED BY CONVENTIONAL LENDERS. TAC ALSO RECEIVES TAX CREDIT GENERATED CHARITABLE CONTRIBUTIONS THAT IT USES TO MAKE SUBORDINATE LOANS AND EQUITY INVESTMENTS IN AFFORDABLE HOUSING DEVELOPMENTS UNDERTAKEN EITHER BY ITS OWN AFFILIATES OR UNRELATED THIRD PARTY AFFORDABLE HOUSING DEVELOPERS. TAC HAS PROVIDED OVER $35 MILLION IN LOANS FOR THE DEVELOPMENT OF OVER 3,500 AFFORDABLE HOMES IN THE ST. LOUIS AREAS.RISE COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION (CDFI) WAS LAUNCHED IN JULY 2020 TO PROVIDE LOANS AND SERVICES TO SMALL CONTRACTORS, DEVELOPERS, AND BUSINESSES THAT ARE UNDERSERVED BY TRADITIONAL BANKS. RISE CDFI SUPPORTS TAC'S EXISTING WORK IN SOME OF THE REGION'S MOST DISINVESTED COMMUNITIES WHERE APPRAISAL GAPS PREVENT TRADITIONAL LENDERS FROM DOING BUSINESS, AND A LACK OF COORDINATED COMMUNITY-DRIVEN PLANS AND INVESTMENT STRATEGIES HAVE PERPETUATED INEFFICIENT AND INSUFFICIENT DEVELOPMENT. THE INTENTION OF THE CDFI IS TO SUPPORT ECONOMICALLY PRODUCTIVE ACTIVITIES WITHIN THE LOCAL COMMUNITY IN ORDER TO FOSTER ECONOMIC DEVELOPMENT, IMPROVE THE FINANCIAL WELL-BEING OF THE LOCAL COMMUNITY, AND, IN PARTICULAR, THE FINANCIAL WELL-BEING OF THE INVESTMENT AREA AND THE LOW-INCOME PEOPLE LIVING AND WORKING IN THE LOCAL COMMUNITY.
    Expenses $98,804 · revenue $39,706

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
43-1553849
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,636,051
Income (IRS master file)
$1,876,180

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,876,180$295,995$12,636,051XML
990December 2023$1,792,047$227,011$10,981,154XML
990December 2022$109,897$176,646$9,309,456IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 43-1553849).

Questions about TECHNICAL ASSISTANCE CORP

What is the EIN of TECHNICAL ASSISTANCE CORP?
The employer identification number (EIN) of TECHNICAL ASSISTANCE CORP is 43-1553849.
Is TECHNICAL ASSISTANCE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to TECHNICAL ASSISTANCE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TECHNICAL ASSISTANCE 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 TECHNICAL ASSISTANCE CORP due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TECHNICAL ASSISTANCE CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TECHNICAL ASSISTANCE CORP?
The 990 for the year ended December 31, 2024 names COLLEEN HAFNER.
Who are the officers and directors of TECHNICAL ASSISTANCE CORP?
The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
How much revenue does TECHNICAL ASSISTANCE CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,876,180, expenses of $295,995 and total assets of $12,636,051 at year end.

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