Tierra Contenta Corporation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MAIN PURPOSE OF TCC IS TO CREATE HIGH-QUALITY, LIVABLE, SUSTAINABLY BUILT NEIGHBORHOODS AND TO INCENTIVIZE BUILDERS TO PROVIDE HOMES AFFORDABLE TO LOWER-INCOME AND MIDDLE-INCOME FAMILIES.
- Income
- $144,433
- Spending
- $266,456
- Spent on programs
- 60%
- Reserves
- 59.9 months of spending
- Largest source of income
- government grants, 98%
- Employees
- 0
- Volunteers
- 10
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 63 out of 100. Higher than 68% of charities in its peer group (housing, under $250k).
Reserves
35 of 35Spendable reserves would cover 59.9 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 84% of income.
Income trend
0 of 15Income fell 79% on the year before.
Spending floor
8 of 1560% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 88% of charities in its peer group (housing, under $250k).
Independent board
25 of 257 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $159,146 spent. THE ORGANIZATION MAINLY SELLS LARGE TRACTS OF LAND TO HOMEBUILDERS AT BELOW-MARKET COSTS THAT ENABLE THEM TO BUILD A MIX OF AFFORDABLE AND MARKET-RATE HOMES. TCC PROVIDES LAND FOR SCHOOLS AND COMMUNITY FACILITIES. IT ALSO REVIEWS CONSTRUCTION PLANS FOR EACH NEW SUBDIVISION OR FACILITY TO ENSURE THAT TCC DESIGN STANDARDS ARE FOLLOWED. ALL REVENUES FROM LAND SALES ARE REINVESTED IN TCC OPERATIONS AND PAYING OFF THE CITY OF SANTA FE'S LOAN FOR THE LAND PURCHASE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.