Tachs Property Development

Organization Overview

Tachs Property Development is located in San Diego, CA. The organization was established in 1996. According to its NTEE Classification (L80) the organization is classified as: Housing Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Tachs Property Development employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tachs Property Development is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Tachs Property Development generated $196.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $246.6k during the year ending 12/2021. While expenses have increased by 2.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT SPECIAL NEEDS AFFORDABLE HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN 2021, TACHS PROPERTY DEVELOPMENT CONTINUED TO OPERATE THE 19-UNIT HUD SECTION 811 VERY LOW INCOME, AFFORDABLE HOUSING PROPERTY KNOWN AS THE REESE VILLAGE APARTMENTS RVA, LOCATED IN THE CITY OF SAN DIEGO.


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Board, Officers & Key Employees

Name (title)Compensation
Henderson Jessica
Vice President
$0
Davy Eric
President
$0
Osuna Renee
Treasurer
$0
Russell-Shaw Kimberly
Executive Director
$0
Farraj Achraf
Secretary
$0
Najarian Jeffrey
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $137,850
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$137,850
Total Program Service Revenue$58,464
Investment income $64
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $196,378

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