Taconic Innovations Inc

Wappingers Falls, NY
Tax-exempt since Nov. 2004
EIN: 22-3729121

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter N.E.C. (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions

Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Revenue

$10.6M (2023)

Expenses

$11.5M (2023)

Total Assets

$12.6M (2023)

Total Liabilities

$1.63M (2023)

Source: Form 990 tax filings from 2010 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$10,641,933

Expenses

$11,457,033

Net Income

-$815,100

Net Assets

$10,993,351

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$777,919	7.3%
Program Services	$9,827,909	92.4%
Investment Income	$11,194	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$24,900	0.2%
Net Inventory Sales	$0
Other Revenue	$11	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$551,586	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,019,933	61.3%

Assets/Debt
Total Assets	$12,621,311
Total Liabilities	$1,627,960
Net Assets	$10,993,351

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr Mathias Oni Eseleh (Executive Dir.)	$259,036	$0	$19,500
Blessing Oni Eseleh (Associate Dir.)	$253,550	$0	$19,500
Dr Nanabanyin N Ampah (Vp Of Operations)	$168,304	$0	$13,704
Donna Stiner (President)	$0	$0	$0
Ellen Gantz (Director)	$0	$0	$0
Nnenna Akoma Ononaji (Director)	$0	$0	$0

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990

Filed on Aug. 18, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$12,992,165

Expenses

$12,660,004

Net Income

$332,161

Net Assets

$11,808,451

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$3,750,408	28.9%
Program Services	$9,210,401	70.9%
Investment Income	$1,538	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$24,300	0.2%
Net Inventory Sales	$0
Other Revenue	$5,518	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$522,621	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,963,077	62.9%

Assets/Debt
Total Assets	$13,812,018
Total Liabilities	$2,003,567
Net Assets	$11,808,451

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Dr Mathias Oni Eseleh (Executive Dir.)	$251,968	$0	$19,500
Blessing Oni Eseleh (Associate Dir.)	$231,653	$0	$19,500
Dr Nanabanyin N Ampah (Vp Of Operations)	$171,608	$0	$13,704
Donna Stiner (President)	$0	$0	$0
Ellen Gantz (Director)	$0	$0	$0
Nnenna Akoma Ononaji (Director)	$0	$0	$0

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990

Filed on July 28, 2023

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Fiscal Year Ending Dec.
2021

Revenue

$12,196,980

Expenses

$10,998,655

Net Income

$1,198,325

Net Assets

$11,476,290

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,302,708	18.9%
Program Services	$9,749,109	79.9%
Investment Income	$1,783	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$137,000	1.1%
Net Inventory Sales	$0
Other Revenue	$6,380	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$653,755	5.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,402,822	58.2%

Assets/Debt
Total Assets	$14,026,966
Total Liabilities	$2,550,676
Net Assets	$11,476,290

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Blessing Oni Eseleh (Associate Dir.)	$231,975	$0	$19,500
Dr Mathias Oni Eseleh (Executive Dir.)	$231,337	$0	$19,500
Dr Nanabanyin N Ampah (Vp Of Operations)	$137,739	$0	$13,704
Donna Stiner (President)	$0	$0	$0
Ellen Gantz (Director)	$0	$0	$0
Nnenna Akoma Ononaji (Director)	$0	$0	$0

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990

Filed on Sept. 1, 2022

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Fiscal Year Ending Dec.
2020

Revenue

$11,076,764

Expenses

$11,377,424

Net Income

-$300,660

Net Assets

$10,277,965

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$537,840	4.9%
Program Services	$10,409,193	94.0%
Investment Income	$2,412	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$123,249	1.1%
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,070	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$542,786	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,049,611	62.0%

Assets/Debt
Total Assets	$13,479,939
Total Liabilities	$3,201,974
Net Assets	$10,277,965

Reported conflict of interest transactions

Compensation

Key Employees and Officers	Compensation	Related	Other
Blessing Oni Eseleh (Associate Director)	$206,502	$0	$19,500
Dr Mathias Oni Eseleh (Executive Director)	$203,152	$0	$28,204
Dr Nanabanyin N Ampah (Vice President Program Operations)	$133,132	$0	$21,079
Donna Stiner (President)	$0	$0	$0
John Ampah (Director)	$0	$0	$0
Ellen Gantz (Director)	$0	$0	$0
Durojaye Omotayo (Director)	$0	$0	$0
Anoff Kwafo (Director)	$0	$0	$0

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990

Filed on Nov. 12, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$12,517,961

Expenses

$12,051,070

Net Income

$466,891

Net Assets

$10,789,003

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$500,655	4.0%
Program Services	$11,908,310	95.1%
Investment Income	$102,441	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$6,555	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,024,670	66.6%

Assets/Debt
Total Assets	$13,583,954
Total Liabilities	$2,794,951
Net Assets	$10,789,003

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$0	$0	$0
Blessing Oni Eseleh (Assoc Direct)	$0	$0	$0
John Ampah (Program Dire)	$0	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Durojaye Omotayo (Bd Of Direct)	$0	$0	$0
Anoff Kwafo (Bd Of Direct)	$0	$0	$0

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990

Filed on Nov. 16, 2020

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Fiscal Year Ending Dec.
2018

Revenue

$12,369,892

Expenses

$11,457,482

Net Income

$912,410

Net Assets

$10,322,662

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$497,640	4.0%
Program Services	$11,823,699	95.6%
Investment Income	$48,553	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$438,424	3.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,233,874	63.1%

Assets/Debt
Total Assets	$13,504,133
Total Liabilities	$3,181,471
Net Assets	$10,322,662

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$227,733	$0	$49,293
Blessing Oni Eseleh (Assoc Direct)	$210,691	$0	$45,604
John Ampah (Program Dire)	$0	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Durojaye Omotayo (Bd Of Direct)	$0	$0	$0
Anoff Kwafo (Bd Of Direct)	$0	$0	$0

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990

Filed on Sept. 18, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$11,213,703

Expenses

$10,016,728

Net Income

$1,196,975

Net Assets

$10,200,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,527	0.0%
Program Services	$11,193,880	99.8%
Investment Income	$13,508	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$3,788	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$402,704	4.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,123,467	61.1%

Assets/Debt
Total Assets	$14,158,062
Total Liabilities	$3,957,448
Net Assets	$10,200,614

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$209,064	$0	$0
Blessing Oni Eseleh (Assoc Direct)	$193,640	$0	$0
John Ampah (Program Dire)	$0	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Durojaye Omotayo (Bd Of Direct)	$0	$0	$0
Anoff Kwafo (Bd Of Direct)	$0	$0	$0

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990

Filed on Nov. 12, 2018

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Fiscal Year Ending Dec.
2016

Revenue

$9,969,865

Expenses

$9,263,950

Net Income

$705,915

Net Assets

$9,003,639

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$9,951,457	99.8%
Investment Income	$3,029	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$15,379	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$471,462	5.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,329,905	57.5%

Assets/Debt
Total Assets	$13,044,820
Total Liabilities	$4,041,181
Net Assets	$9,003,639

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$194,890	$0	$0
Blessing Oni Eseleh (Assoc Direct)	$180,796	$0	$0
John Ampah (Program Dire)	$95,776	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Omotayo Durojaye (Bd Of Direct)	$0	$0	$0
Sunday Eweka (Bd Of Direct)	$0	$0	$0

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990

Filed on Nov. 13, 2017

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Fiscal Year Ending Dec.
2015

Revenue

$8,290,144

Expenses

$7,797,570

Net Income

$492,574

Net Assets

$8,297,724

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$8,285,281	99.9%
Investment Income	$3,223	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,640	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$346,700	4.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,533,866	58.1%

Assets/Debt
Total Assets	$12,507,775
Total Liabilities	$4,210,051
Net Assets	$8,297,724

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$177,192	$0	$0
Blessing Oni Eseleh (Assoc Direct)	$169,508	$0	$0
Sunny Eweka (President)	$0	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Sharifoon Ali (Secretary)	$0	$0	$0
Omotayo Durojaye (Treasurer)	$0	$0	$0

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990

Filed on Aug. 12, 2016

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Fiscal Year Ending Dec.
2014

Revenue

$7,241,809

Expenses

$6,739,143

Net Income

$502,666

Net Assets

$7,805,150

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$7,230,852	99.8%
Investment Income	$6,480	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$4,477	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$276,688	4.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,934,164	58.4%

Assets/Debt
Total Assets	$10,899,282
Total Liabilities	$3,094,132
Net Assets	$7,805,150

Compensation

Key Employees and Officers	Compensation	Related	Other
Mathias Oni Eseleh (Exec Directo)	$139,479	$0	$0
Blessing Oni Eseleh (Assoc Direct)	$137,209	$0	$0
Sunny Eweka (President)	$0	$0	$0
Donna Stiner (Bd Of Direct)	$0	$0	$0
Ellen Gantz (Bd Of Direct)	$0	$0	$0
Sharifoon Ali (Secretary)	$0	$0	$0
Omotayo Durojaye (Treasurer)	$0	$0	$0

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990

Filed on July 21, 2015

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Fiscal Year Ending Dec.
2013

Revenue

$6,769,466

Expenses

$6,145,348

Net Income

$624,118

Net Assets

$7,302,484

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,789,516	> 100%
Investment Income	-$20,050
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,813,334	62.1%

Assets/Debt
Total Assets	$7,587,469
Total Liabilities	$284,985
Net Assets	$7,302,484

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$6,753,728

Expenses

$5,967,700

Net Income

$786,028

Net Assets

$6,678,366

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$37,533	0.6%
Program Services	$6,690,100	99.1%
Investment Income	$26,095	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,777,720	63.3%

Assets/Debt
Total Assets	$6,939,051
Total Liabilities	$260,685
Net Assets	$6,678,366

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$7,120,746

Expenses

$5,474,693

Net Income

$1,646,053

Net Assets

$5,892,338

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$61,134	0.9%
Program Services	$7,027,824	98.7%
Investment Income	$31,788	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,542,706	64.7%

Assets/Debt
Total Assets	$6,166,021
Total Liabilities	$273,683
Net Assets	$5,892,338

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$7,580,570

Expenses

$5,235,375

Net Income

$2,345,195

Net Assets

$4,268,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$4,662	0.1%
Program Services	$7,573,289	99.9%
Investment Income	$2,619	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,445,692	65.8%

Assets/Debt
Total Assets	$4,623,986
Total Liabilities	$355,304
Net Assets	$4,268,682

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2000

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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Updated November 21, 2024

Taconic Innovations Inc

Organization summary

Type of Nonprofit

Details

Summary charts: organization finances over time

Revenue $10.6M (2023)

Expenses $11.5M (2023)

Total Assets $12.6M (2023)

Total Liabilities $1.63M (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Other

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Revenue

$10.6M (2023)

Expenses

$11.5M (2023)

Total Assets

$12.6M (2023)

Total Liabilities

$1.63M (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2000