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Seneca Towers Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 160926430 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Seneca Towers Inc?

Seneca Towers Inc, established in Rochester, New York, is a nonprofit organization with a mission to provide housing facilities for elderly individuals with low income. Based at 249 Northton Village Lane, this organization has dedicated its efforts to cater to the housing needs of approximately 493 seniors in the city. The primary objective of Seneca Towers Inc is to provide affordable housing options, ensuring that the elderly population of Rochester has a safe and comfortable living space.


Is Seneca Towers Inc legitimate?

Seneca Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seneca Towers Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Seneca Towers Inc?
Who is the CEO of Seneca Towers Inc?
What is the revenue of Seneca Towers Inc?
Who are the executives of Seneca Towers Inc and what are their salaries?
Where can I find the form 990 for Seneca Towers Inc?

Mission Statement of Seneca Towers Inc

Seneca Towers Inc, as a non-profit organization, is dedicated to providing housing facilities for elderly individuals of low income. Their mission is centered around offering not just a place to live, but a home, on a not-for-profit basis. The organization's primary focus is to cater to the housing needs of this specific demographic, ensuring they have a secure and comfortable living space. By doing so, Seneca Towers Inc contributes to the well-being of these individuals, providing them with a sense of security and independence in their golden years.

Impact

This information is meant to be a general summary of Seneca Towers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Seneca Towers Inc's impact is significant in providing affordable housing facilities for elderly individuals of low income in Rochester, NY. By offering 493 units specifically tailored for aged persons, Seneca Towers contributes to ensuring that this demographic segment has access to safe and comfortable living spaces despite their financial constraints. This initiative not only addresses the critical need for affordable housing in the city but also helps enhance the overall quality of life for elderly residents who may otherwise struggle to find suitable accommodation.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $143
  • Program Service Revenue: $3,030,220
  • Gross Receipts: $3,030,363

    • Assets and Liabilities:
  • Total Assets: $7,337,649
  • Total Liabilities: $8,239,014
  • Net Assets: -$901,365
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NET RENTAL INCOME

    Revenue

    $2,761,234

    OTHER INCOME

    Revenue

    $117,050

    COMMERCIAL RENTAL INCO

    Revenue

    $82,811

    LAUNDRY

    Revenue

    $45,905

    AIR CONDITIONERS

    Revenue

    $23,220

    Organization Details

    Founding Year

    1967

    Principal Officer

    Margaret J Hill

    Main Address

    249 NORTON VILLAGE LANE, ROCHESTER, NY, 14609

    NTEE Category

    Code: L220 - Housing

    If you are a representative of Seneca Towers Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.