EIN 58-2410989

The Banyan Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
State
Year formed
1998
Most recent tax filings
2019-12-01
NTEE code, primary
Description
The Banyan Foundation's purpose is to develop low- income housing/affordable housing. The entity constructs low-income housing and also acquires and renovates existing low-income housing. Rental in low income housing units to qualifying residents.
Total revenues
$10,238,573
2018
Total expenses
$10,122,080
2018
Total assets
$0
2019
Num. employees
n/a

Program areas at The Banyan Foundation

Rental in low income housing units to qualifying residents
The Foundation owned and operated a 151 unit low income housing project in charlotte, north carolina under a 100% owned subsidiary - sandlewood affordable housing, llc.
The Foundation owned and operated a 100 unit low income housing project in gainesville, Florida under a 100% owned subsidiary - carver gardens, llc.
Fees earned related to The development of low income housing units

Personnel at The Banyan Foundation

NameTitle
R. B. CoatsPresident

Financials for The Banyan Foundation

RevenuesFYE 12/2018
Total grants, contributions, etc.
Program services$0
Investment income and dividends
Tax-exempt bond proceeds
Royalty revenue
Net rental income
Net gain from sale of non-inventory assets
Net income from fundraising events$0
Net income from gaming activities
Net income from sales of inventory
Miscellaneous revenues
Total revenues$10,238,573

Form 990s for The Banyan Foundation

Fiscal year endingDate received by IRSFormPDF link
2019-122021-12-20990View PDF
2018-122020-01-02990PFView PDF
2016-122017-12-08990PFView PDF
2015-122016-11-23990PFView PDF
2014-122015-12-02990PFView PDF
...and 3 more Form 990s

Organizations like The Banyan Foundation

OrganizationLocationRevenue
Virginia Nonprofit Housing CoalitionRichmond, VA$12,087,434
Ronald L McDaniel FoundationBurr Ridge, IL$4,607,697
The Baptist ApartmentsEdina, MN$2,857,661
Platte Lake Property Owners AssociationHillman, MN$4,595,227
The Holland FoundationOmaha, NE$5,348,543
Caring FamiliesPortland, ME$4,430,513
Companion FoundationCharleston, SC$5,313,712
Esplanade Gardens SeniorPlymouth, MN$3,709,759
Clara Welch Thanksgiving HomeCooperstown, NY$2,643,637
Las Vegas Jaycees Senior Citizens M Home Community FoundationLas Vegas, NV$4,501,147
Data update history
June 25, 2023
Updated personnel
Identified 1 new personnel
February 7, 2023
Posted financials
Added Form 990 for fiscal year 2019
February 7, 2023
Used new vendors
Identified 2 new vendors, including , and
April 7, 2020
Posted financials
Added Form 990PF for fiscal year 2018
January 4, 2020
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Human servicesHousing
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
2001 Park Pl No 900
Birmingham, AL 35203
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Phone
(205) 313-7340
IRS details
EIN
58-2410989
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1998
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when The Banyan Foundation has new information, or want to find more organizations like The Banyan Foundation?

Create free Cause IQ account