Mission
WE ARE DEDICATED TO PROVIDING AFFORDABLE, QUALITY, SAFE HOUSING TO UNDERPRIVILEGED, LOW TO MIDDLE INCOME HOUSEHOLDS THROUGHOUT THE UNITED STATES.
Public Charity
TYR DEVELOPMENT CO
Based in LAS VEGAS, NV, TYR DEVELOPMENT CO operates as a Public Charity. The organization reported $71K in revenue, $75K in expenses, $3.1M in total assets for fiscal year 2025. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $200K.
EIN: 832487236
LAS VEGAS, NV
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$71K
Total Expenses$75K
Total Assets$3.1M
Grant Records1
Funding Total$200K
Filing Years2021–2025
Where $100 goes at Tyr Development Co
How Tyr Development Co divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$92
Programs
the work itself
$8
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $92 for programs
$92
Provided affordable, quality, safe housing to underprivileged, low to middle income households throughout the united states.A multi-unit residential rental property continued to be rented throughout 2025 to low…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
AFFORDABLE HOUSING
$200,112
Showing up to 5 of 1 total records — full history available with membership.
Officers & Directors
PRESIDENT
Avtandil Garakanidze
SECRETARY
Irakli Garakanidze
VICE PRESIDENT, TREASURER
Kevetan Lashkhi
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $71K | $75K | $3.1M |
| 2024 | $69K | $53K | $3.0M |
| 2023 | $307K | $43K | $2.6M |
| 2022 | $330K | $28K | $2.4M |
| 2021 | $640K | $44K | $2.1M |
Between 2021 and 2025, reported annual revenue declined from $640K to $71K (-89%), with total assets most recently reported at $3.1M.
Interactive year-over-year charts and full filing details available with membership.