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Maurice I Schwartz Towers Inc

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

EIN: 160997888 ✦ Auburn, NY ✦ Designated as a 501(c)(3)

Overview

What is Maurice I Schwartz Towers Inc?

Maurice I Schwartz Towers Inc is a nonprofit organization situated in Auburn, New York, with a specific focus on providing housing and auxiliary facilities for low-income elderly individuals. The organization operates a 140-unit apartment building that fulfills this purpose. With a dedicated workforce of four employees, Maurice I Schwartz Towers Inc is committed to enhancing the living conditions and supporting the needs of this vulnerable demographic.


Official website here: www.schwartztowers.com

Is Maurice I Schwartz Towers Inc legitimate?

Maurice I Schwartz Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maurice I Schwartz 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: $190,876

For more financial information, click here


Official website here: www.schwartztowers.com

What is the mission statement of Maurice I Schwartz Towers Inc?

Maurice I Schwartz Towers Inc is established with the primary objective of providing housing and auxiliary facilities for individuals who fall under the low-income elderly category. The organization's mission is centered around this purpose, aiming to make suitable living arrangements accessible to this specific demographic. As demonstrated through their operations, they operated a 140-unit apartment building specifically designed for low-income elderly individuals, reflecting their commitment to this mission.


Official website here: www.schwartztowers.com

Who is the CEO of Maurice I Schwartz Towers Inc?

Richard Knaul is the President of Maurice I Schwartz Towers Inc.


Official website here: www.schwartztowers.com

What is the revenue of Maurice I Schwartz Towers Inc?

Maurice I Schwartz Towers Inc's revenue in 2023 was $742,582.


Official website here: www.schwartztowers.com

Who are the executives of Maurice I Schwartz Towers Inc and what are their salaries?

The average compensation at Maurice I Schwartz Towers Inc during 2023 was $47,719. There are 4 employees and 6 volunteers at Maurice I Schwartz Towers Inc.

Here are 6 key members and their salaries:

    Richard Knaul (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Carr (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Higgins (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barb Sroka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Moolin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Desantis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.schwartztowers.com

    Where can I find the form 990 for Maurice I Schwartz Towers Inc?

    The Maurice I Schwartz Towers Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.schwartztowers.com

    Learn more at the official website: www.schwartztowers.com

    Mission Statement of Maurice I Schwartz Towers Inc

    Maurice I Schwartz Towers Inc, as stated in its mission, is an organization dedicated to providing housing and auxiliary facilities for low-income elderly individuals. Its primary goal is to offer a welcoming environment that caters to the needs of this specific demographic, ensuring they have access to suitable living quarters. The organization operates a 140-unit apartment building, serving as a home for elderly individuals who are financially disadvantaged. This commitment to providing housing for the elderly demonstrates Maurice I Schwartz Towers Inc's dedication to supporting and uplifting this vulnerable group in the community.

    Impact

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




    Thursday, August 15, 2024

    Maurice I Schwartz Towers Inc's impact lies in its provision of housing and auxiliary facilities to low-income elderly individuals in Auburn, NY. Through its operation of a 140-unit apartment building, the organization addresses a critical need for affordable and suitable housing for this vulnerable demographic. By offering a safe and supportive living environment, Maurice I Schwartz Towers Inc contributes significantly to enhancing the quality of life for low-income elderly residents in the community.





    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 2023.

  • Investment Income: $14,972
  • Program Service Revenue: $727,610
  • Gross Receipts: $742,582

    • Assets and Liabilities:
  • Total Assets: $4,432,771
  • Total Liabilities: $56,050
  • Net Assets: $4,376,721
  • Programs

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

    APARTMENT RENTAL INCOM

    Revenue

    $630,002

    OTHER REVENUE

    Revenue

    $55,795

    COMMERCIAL RENTAL INCO

    Revenue

    $41,813

    Organization Details

    Founding Year

    1970

    Principal Officer

    Richard Knaul

    Main Address

    90 NORTH STREET, AUBURN, NY, 13021

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Maurice I Schwartz 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.