Nonprofit · EIN 84-1943979
TUCC INC
Tax-exempt · WILMINGTON, DE 19807
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990 | $4,173,857 | $1,307,956 | $2,865,901 | $21,127,261 | $2,197,071 | $18,930,190 |
| May 31, 2024 | 990 | $6,519,218 | $530,050 | $5,989,168 | $18,629,080 | $2,028,252 | $16,600,828 |
| May 31, 2023 | 990 | $5,808,639 | $13,059 | $5,795,580 | $14,698,177 | $3,411,108 | $11,287,069 |
Financial details: 990 for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $3,710,000
- Program service revenue
- $0
- Investment income
- $431,050
- Net rental income
- $32,807
- Other revenue
- $32,807
Expenses
- Grants and similar amounts paid
- $800,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,520
- Program services (functional)
- $800,000
- Management and general (functional)
- $507,956
Balance sheet and other
- Total assets, start of year
- $18,629,080
- Total assets, end of year
- $21,127,261
- Total liabilities, end of year
- $2,197,071
- Net assets, end of year
- $18,930,190
- Net assets without donor restrictions
- $16,094,959
- Net assets with donor restrictions
- $2,835,231
- Gross receipts
- $4,173,857
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2019
- State of legal domicile
- DE
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 May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr D Michael Lindsay | President Trustee or director, Officer | 1 | $0 | $571,350 | $81,882 |
| Stephen Olson | Secretary & Treasurer Trustee or director, Officer | 1 | $0 | $172,747 | $41,506 |
| Mike Falder | VP for University Advancement Trustee or director, Officer | 30 | $0 | $167,736 | $38,723 |
| Angela Angelovska-Wilson | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Bob Wright | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Dan Wolgemuth | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Jeff Jones | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| Mark Davis | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr D Michael Lindsay | President Trustee or director, Officer | 1 | $0 | $575,721 | $78,462 |
| Stephen Olson | Secretary & Treasurer Trustee or director, Officer | 1 | $0 | $164,078 | $36,913 |
| Mike Falder | VP for University Advancement Trustee or director, Officer | 30 | $0 | $157,723 | $34,728 |
| Angela Angelovska-Wilson | DIRECTOR (BEGINNING June 2023) Trustee or director | 1 | $0 | $0 | $0 |
| Dan Wolgemuth | DIRECTOR (BEGINNING June 2023) Trustee or director | 1 | $0 | $0 | $0 |
| Jonathan Beukelman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Manuel Rosado | DIRECTOR (BEGINNING June 2023) Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended May 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Dr D Michael Lindsay | President Trustee or director, Officer | 1 | $0 | $525,773 | $73,272 |
| Stephen Olson | Secretary & Treasurer Trustee or director, Officer | 1 | $0 | $156,880 | $33,212 |
| Mike Falder | VP for University Advancement Officer | 30 | $0 | $113,094 | $30,749 |
| Rex Bennett | Vice President Trustee or director, Officer | 1 | $0 | $0 | $0 |
| Jonathan Beukelman | Director Trustee or director | 1 | $0 | $0 | $0 |
| Mark Davis | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 15 CENTER MEETING RD, WILMINGTON, DE 19807-1301
- Principal officer (990 for 2024)
- D Michael Lindsay, 15 Center Meeting Road, Wilmington, DE 19807
- Signed the 990
- Stephen Olsen, Secretary & Treasurer
- Phone
- (765) 998-5119
- Return prepared by
- CROWE LLP
Mission
The purpose of TUCC is to support Taylor University through the administration of donated non-cash contributions.
Program accomplishments
- TUCC was created by Taylor University to serve as the corporate trustee of the Taylor University Sponsoring Organization (TUSO). Taylor University Sponsoring Organization was created by the University to accept primarily non-cash contributions.Expenses $800,000 · grants $800,000
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 May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 on file |
IRS record
- EIN
- 84-1943979
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2019
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $21,127,261
- Income (IRS master file)
- $4,173,857
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2025 | $4,173,857 | $1,307,956 | $21,127,261 | XML |
| 990 | May 2024 | $6,519,218 | $530,050 | $18,629,080 | XML |
| 990 | May 2023 | $5,808,639 | $13,059 | $14,698,177 | XML |
| 990 | May 2022 | $2,455,833 | $3,040 | $9,931,765 | IRS |
| 990 | May 2021 | – | – | – | IRS |
| 990 | May 2020 | – | – | – | 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 84-1943979).
Questions about TUCC INC
- What is the EIN of TUCC INC?
- The employer identification number (EIN) of TUCC INC is 84-1943979.
- Is TUCC INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to TUCC INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does TUCC INC 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 TUCC INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TUCC INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended May 2025.
- Who is the principal officer of TUCC INC?
- The 990 for the year ended May 31, 2025 names D Michael Lindsay.
- Who are the officers and directors of TUCC INC?
- The 990 for the year ended May 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does TUCC INC have?
- On its 990 for the year ended May 31, 2025 it reported revenue of $4,173,857, expenses of $1,307,956 and total assets of $21,127,261 at year end.
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