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Tac East Holdings Company No 1

Organization summary

Type of Nonprofit

Designated as a Title holding corporations or trusts with multiple parent corporations, which hold titles and pay over income from property to 35 or fewer parents or beneficiaries.

Category: Community Improvement, Capacity Building / Real Estate Organizations (NTEE)

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$450k (2023)

Expenses
$291k (2023)

Total Assets
$6.41M (2023)

Total Liabilities
$1.25M (2023)

Source: Form 990 tax filings from 2015 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 Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$450,415
Expenses
$291,064
Net Income
$159,351
Net Assets
$5,166,796
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $294,917
65.5%
Net Fundraising $0
Sales of Assets $155,498
34.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,412,444
Total Liabilities $1,245,648
Net Assets $5,166,796
Compensation
Key Employees and Officers Compensation Related Other
William S Norton (President) $0 $388,700 $19,813
Eric Voyles (Vice Preside) $0 $228,805 $9,294
Jeffery D Whitten (Key Employee) $0 $210,249 $13,664
John T Sesler (Key Employee) $0 $168,173 $9,294
John Moran (Treasurer) $0 $136,095 $9,213
Darrell Thompson (Highly Compe) $0 $118,847 $9,215
Marla Byrd (Secretary) $0 $67,435 $9,654
Ben King (Director/Sec) $0 $0 $0
Gabe Tarr (Director/Vic) $0 $0 $0
Denis R Washington (Director/Cha) $0 $0 $0
Andrew Hill (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$250,224
Expenses
$263,379
Net Income
-$13,155
Net Assets
$5,007,445
Notable Sources of Revenue Percent of Total Revenue
Contributions $583
0.2%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $217,866
87.1%
Net Fundraising $0
Sales of Assets $31,775
12.7%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $6,844,666
Total Liabilities $1,837,221
Net Assets $5,007,445
Compensation
Key Employees and Officers Compensation Related Other
William S Norton (President) $0 $286,743 $28,165
Eric Voyles (Vice Preside) $0 $193,588 $8,554
Jeffery D Whitten (Key Employee) $0 $174,733 $16,193
John Moran (Treasurer) $0 $112,367 $7,952
Marla Byrd (Secretary) $0 $66,345 $8,884
Ben King (Director/Sec) $0 $0 $0
Gabe Tarr (Director/Vic) $0 $0 $0
Denis R Washington (Director/Cha) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,099,056
Expenses
$2,305,148
Net Income
-$206,092
Net Assets
$3,960,081
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $246,904
11.8%
Net Fundraising $0
Sales of Assets $1,852,152
88.2%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,113,003
Total Liabilities $152,922
Net Assets $3,960,081
Compensation
Key Employees and Officers Compensation Related Other
William S Norton (President) $0 $286,743 $28,165
Eric Voyles (Vice Preside) $0 $193,588 $8,554
John Moran (Treasurer) $0 $112,367 $7,952
Marla Byrd (Secretary) $0 $66,345 $8,884
Ben King (Director/Sec) $0 $0 $0
Gabe Tarr (Director/Vic) $0 $0 $0
Denis R Washington (Director/Cha) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$407,758
Expenses
$370,035
Net Income
$37,723
Net Assets
$1,427,534
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,683
2.1%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $399,075
97.9%
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 $0
Assets/Debt
Total Assets $1,573,646
Total Liabilities $146,112
Net Assets $1,427,534
Compensation
Key Employees and Officers Compensation Related Other
William S Norton (President) $0 $190,356 $24,768
Eric Voyles (Vice Preside) $0 $178,310 $19,714
Marla Byrd (Secretary) $0 $61,763 $9,952
Ben King (Director/Sec) $0 $0 $0
Gabe Tarr (Director/Vic) $0 $0 $0
Denis R Washington (Director/Cha) $0 $0 $0
John Moran (Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$377,839
Expenses
$730,823
Net Income
-$352,984
Net Assets
$1,389,811
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $377,839
100%
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 $0
Assets/Debt
Total Assets $1,598,615
Total Liabilities $208,804
Net Assets $1,389,811

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$335,664
Expenses
$367,236
Net Income
-$31,572
Net Assets
$1,742,795
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $335,664
100%
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 $0
Assets/Debt
Total Assets $1,797,043
Total Liabilities $54,248
Net Assets $1,742,795

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$131,037
Expenses
$130,924
Net Income
$113
Net Assets
$1,774,367
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $131,037
100%
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 $0
Assets/Debt
Total Assets $1,833,970
Total Liabilities $59,603
Net Assets $1,774,367

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$112,684
Expenses
$104,514
Net Income
$8,170
Net Assets
$1,774,254
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $112,684
100%
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 $0
Assets/Debt
Total Assets $1,823,589
Total Liabilities $49,335
Net Assets $1,774,254

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,774,197
Expenses
$8,113
Net Income
$1,766,084
Net Assets
$1,766,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,755,744
99.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $18,453
1.0%
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 $0
Assets/Debt
Total Assets $1,767,246
Total Liabilities $1,162
Net Assets $1,766,084

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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