Tax Credit Assurance, Inc.
How we got $1.1M
Based on its 4 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Tax Credit Assurance, Inc. provides compliance services, training, auditing and consulting to LIHTC, HUD, HOME and Bond properties, management companies and owners.
From the company's website. Industry: Other Activities Related to Real Estate.
Estimated value over time
▼ 1% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 100% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 4 | $932K |
| 2020 | Form 5500 | 4 | $932K |
| 2021 | Form 5500 | 5 | $1.2M |
| 2022 | Form 5500 | 6 | $1.4M |
| 2023 | Form 5500 | 7 | $1.6M |
| 2024 | Form 5500 | 7 | $1.6M |
| 2025 | Form 5500 | 8 | $1.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| TAX CREDIT ASSURANCE, INC. this business | $1.4M | — |
| GREEN CREEK PROPERTIES, LLC Bixby · 5 employees | $1.7M | 1.2 mi |
| HARRAH LAND FC, LLC Bixby · 4 employees | $1.9M | 1.2 mi |
| GM PROPERTY SERVICES LLC Jenks · 1 employees | $537K | 1.3 mi |
| A. BORS PROPERTIES, LLC Jenks · 11 employees | $2.8M | 1.3 mi |
| Green Valley Estates Jenks | $798K | 2.6 mi |
| VITRUVIUS LLC Bixby · 4 employees | $1.9M | 3.1 mi |
The full calculation
| Employees reported to the SBA | 4 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $1.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $776K |
| Estimate: the two combined (geometric mean) | $1.4M |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $442K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $1.1M |
| Multiple for this size and industry | 2.4× |
| Value range | $558K – $1.5M |
| Revenue range | $910K – $1.6M |
| EBITDA range | $291K – $504K |
| Industry (NAICS) | Other Activities Related to Real Estate (531390) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Leadership
- PCPaula CondonVP of Compliance · Company website · source
- CRChristy RoweVP of Operations · Company website · source
- MLMartha Lovely-WeigantCompliance Officer · Company website · source
Advisors
- BankingBOKF, National AssociationPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BOKF, National Association PPP 2020, PPP 2021 | All 2,399 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/28/2020 | first | $23K | 3 |
| 2/20/2021 | second | $35K | 4 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Tax Credit Assurance, Inc.
Tax Credit Assurance, Inc. is an other activities related to real estate company in Jenks, Oklahoma, in business since 2004. It is owned by Edie Kitchens (President). Its estimated annual revenue is about $1.4M, with roughly $442K of EBITDA. It has about 8 employees. Its estimated business value is $1.1M (likely range $558K–$1.5M).
Common questions
- Who owns Tax Credit Assurance, Inc.?
- Tax Credit Assurance, Inc. is owned by Edie Kitchens (President), according to public sources such as the company's website or filings.
- How much revenue does Tax Credit Assurance, Inc. make?
- SeeBITDA estimates Tax Credit Assurance, Inc.'s annual revenue at about $1.4M (likely between $910K and $1.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Tax Credit Assurance, Inc. worth?
- About $1.1M, roughly 2.4× its estimated EBITDA of $442K, typical for a other activities related to real estate company its size. Likely range: $558K–$1.5M.
- How many employees does Tax Credit Assurance, Inc. have?
- About 8, from its 2025 retirement-plan filing.
- When was Tax Credit Assurance, Inc. founded?
- Tax Credit Assurance, Inc. has been in business since 2004.