2025-09-11T07:19:43-05:00 2024-12-31 161131146 BONADIO & CO LLP 6 WEMBLEY COURT ALBANY NY 12205 990 2024-01-01 237029088 TAP INC TAPI 5182743050 210 RIVER STREET TROY NY 121803810 BARBARA L NELSON EXECUTIVE DIRECTOR 5182743050 2025-09-10 1 1 KEVIN TESTO P01435881 5182507708 2025-09-10 2024 2025-03-06 01:10:19Z BARBARA L NELSON 210 RIVER STREET TROY NY 121803810 2096178 0 X WWW.TAPINC.ORG X 1969 NY TAP, INC. RESTORES, REBUILDS, AND REVITALIZES URBAN NEIGHBORHOODS AND HISTORIC STRUCTURES; SHAPING INCLUSIVE AND HEALTHY COMMUNITIES. 10 10 20 11 0 0 502151 1154299 692628 739740 2684 8618 3125 168352 1200588 2071009 88 0 0 0 771043 888410 0 0 13104 477541 921753 1248672 1810163 -48084 260846 2979264 3490943 397736 582095 2581528 2908848 TAP, INC. RESTORES, REBUILDS, AND REVITALIZES URBAN NEIGHBORHOODS AND HISTORIC STRUCTURES; SHAPING INCLUSIVE AND HEALTHY COMMUNITIES. 0 0 355392 130707 PROPERTY RENTAL TO LOW TO MODERATE INCOME INDIVIDUALS. APPROXIMATELY 50 SERVED. 185433 173889 PROJECTS-DESIGN/DRAFTING/PLANNING SERVICES TO PROPERTY OWNERS (LOW AND MODERATE INCOME), NON-PROFITS AND BUSINESSES PRIMARILY IN THE CAPITAL DISTRICT AREA. APPROXIMATELY 66 SERVED. 102366 102366 COMMUNITY DEVELOPMENT-DESIGN/DRAFTING/PLANNING SERVICES TO PRROPERTY OWNERS AND NON-PROFITS IN HUD DESIGNATED LOW TO MODERATE INCOME CENSUS TRACTS IN BLIGHTED AREAS OF TROY. SPECIAL FOCUS ON PRESERVATION OF HISTORIC ARCHITECTURE, COMMUNITY REVIATLIZATION AND HOMEOWNER SERVICES. APPROXIMATELY 106 SERVED. 589876 489670 589876 489670 1233067 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 1 16 0 1 20 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X BARBARA NELSON 5182743050 210 RIVER STREET TROY NY 121803810 OLIVIA BRAZEE PRESIDENT 1.00 X X 0 0 0 NANCY KLEPSCH VICE PRESIDENT 1.00 X X 0 0 0 JODI SMITS ANDERSON SECRETARY 1.00 X X 0 0 0 MICHAEL BONGIORNI TREASURER 1.00 X X 0 0 0 BEVERLY HICKMAN MEMBER 1.00 X 0 0 0 CAROLINE NAGY MEMBER 1.00 X 0 0 0 MICHAEL MCDONOUGH MEMBER 1.00 X 0 0 0 ROBERTA SINGLETON MEMBER 1.00 X 0 0 0 KRISTIN DIOTTE MEMBER 1.00 X 0 0 0 JORDAN WHITE MEMBER 1.00 X 0 0 0 KEVIN GLASHEEN MEMBER 1.00 X 0 0 0 BARBARA NELSON EXECUTIVE DIRECTOR 41.00 X 94604 0 0 HANNAH CUSHING DIRECTOR OF FINANCE 40.00 X 50307 0 0 144911 0 0 0 0 0 0 LABELLO'S MASONRY AND ROOFING 238 FOGARDY ROAD TROY NY 12180 GENERAL CONSTRUCTION 166450 1 1120516 33783 19800 1154299 CLIENT SERVICE FEES 900003 723134 723134 MISCELLANEOUS INCOME 900001 16606 16606 739740 8618 8618 156892 0 156892 156892 156892 36629 25169 11460 11460 2071009 896632 0 20078 X 144911 144911 631687 515270 106610 9807 48110 31603 16507 63702 41846 21856 13119 8659 4460 43792 28903 14889 322446 211080 111366 2411 1599 812 4116 2734 1382 5093 3419 1674 38220 22674 15045 501 993 658 335 1716 1138 578 14548 9647 4901 89585 73569 16016 41564 33418 8146 PROJECT COSTS 256602 177587 76301 2714 EQUIPMENT RENTAL, REPAI 25135 20022 5113 CREDIT LOSS EXPENSE 22617 16598 6019 IN-KIND TECHNOLOGY COST 19800 19800 19996 12843 7071 82 1810163 1233067 563992 13104 457622 547818 64862 322309 627387 9750 13061 4345017 2497605 1561571 1847412 392691 443529 170459 11736 2979264 3490943 146375 317059 52565 15076 198796 249960 397736 582095 X 1495252 1825384 1086276 1083464 2581528 2908848 2979264 3490943 260846 66474 0 X X 0 1 X 1 0 X 214328 548906 255724 502151 1190928 2712037 489758 463475 796529 685292 907032 3342086 704086 1012381 1052253 1187443 2097960 6054123 0 0 0 6054123 2359 2642 2490 2684 10562 20737 2359 2642 2490 2684 10562 20737 3678 7337 21946 10461 11751 55173 710123 1022360 1076689 1200588 2120273 6130033 0.98760 0.97870 0.00340 0.00330 X PART III, LINE 12, EXPLANATION FOR OTHER INCOME: OTHER INCOME 2020 AMOUNT: $ 3,678. 2021 AMOUNT: $ 6,709. 2022 AMOUNT: $ 2,843. 2023 AMOUNT: $ 7,336. 2024 AMOUNT: $ 291. FUNDRAISING 2021 AMOUNT: $ 628. 2022 AMOUNT: $ 19,103. 2023 AMOUNT: $ 3,125. 2024 AMOUNT: $ 11,460. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249720 249720 3840536 2415826 1424710 229941 81779 148162 24820 24820 1847412 PART X, LINE 2: TAP, INC. IS A NONPROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. UNDER FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CODIFICATION SECTION 740, INCOME TAXES, THE TAX STATUS OF TAX-EXEMPT ENTITIES IS AN UNCERTAIN TAX POSITION, SINCE EVENTS COULD POTENTIALLY OCCUR THAT JEOPARDIZE TAX-EXEMPT STATUS. MANAGEMENT OF TAP, INC. IS NOT AWARE OF ANY EVENTS THAT COULD JEOPARDIZE TAX- EXEMPT STATUS. THEREFORE, NO LIABILITY OR PROVISION FOR INCOME TAX HAS BEEN REFLECTED IN THE FINANCIAL STATEMENTS. IN ADDITION, TAP, INC. QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). 55TH ANNUAL EVENT 36629 36629 25169 36629 36629 25169 25169 11460 X 1 30000 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT AND COMPLIANCE COMMITTEE ALONG WITH THE FINANCE COMMITTEE CHAIR REVIEWS AND APPROVES THE 990 PRIOR TO FILING AS DESIGNATED BY THE BOARD OF DIRECTORS. THE ORGANIZATION THEN MAKES THE 990 AVAILABLE AT THE NEXT BOARD MEETING AFTER IT HAS BEEN COMPLETED OR UPON REQUEST BY ANY BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 12C THE CODE OF CONDUCT REQUIRES THAT ALL EMPLOYEES, VOLUNTEERS, OFFICERS AND DIRECTORS AVOID ANY REAL, POTENTIAL OR PERCEIVED CONFLICTS OF INTEREST BETWEEN THE INTERESTS OF THE CORPORATION ON ONE HAND, AND PERSONAL, PROFESSIONAL, AND BUSINESS INTERESTS ON THE OTHER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PAYROLL SERVICES FEES: PROGRAM SERVICE EXPENSES 1,516. MANAGEMENT AND GENERAL EXPENSES 792. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,308. COMPUTERS/IT: PROGRAM SERVICE EXPENSES 37,300. MANAGEMENT AND GENERAL EXPENSES 19,215. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,515. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 12,749. MANAGEMENT AND GENERAL EXPENSES 6,567. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 19,316. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 110,417. MANAGEMENT AND GENERAL EXPENSES 59,499. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 169,916. ENGINEERING: PROGRAM SERVICE EXPENSES 49,098. MANAGEMENT AND GENERAL EXPENSES 25,293. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 74,391. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT OVERSEES THE FINANCIAL STATEMENT AUDIT AND A COMMITTEE TO SELECT THE INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ST JEAN LLC 210 RIVER STREET TROY NY 12180 934317918 TO OPERATE AND MANAGE LOW-TO-MODERATE HOUSING IN NY 299709 377510 TAP INC 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 ST JEAN LLC D 348222 COST ST JEAN LLC B 298109 COST ST JEAN LLC J 12000 COST ST JEAN LLC S 30000 FMV