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Kinston Towers I

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

EIN: 208502305 ✦ Kinston, NC ✦ Designated as a 501(c)(3)

Overview

What is Kinston Towers I?

Kinston Towers I is a nonprofit organization situated in Kinston, North Carolina. Its primary focus is on providing affordable housing to the elderly population who fall within the low-income bracket. The organization's mission is deeply rooted in this mission statement, aiming to cater to the housing needs of this specific demographic. The exact location of the organization within the city is not provided in the information, but it is known to send mail to a PO Box in Kinston.


Is Kinston Towers I legitimate?

Kinston Towers I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kinston Towers I 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 Kinston Towers I?
Who is the CEO of Kinston Towers I?
What is the revenue of Kinston Towers I?
Who are the executives of Kinston Towers I and what are their salaries?
Where can I find the form 990 for Kinston Towers I?

Mission Statement of Kinston Towers I

Kinston Towers I is a dedicated nonprofit organization with a mission to provide affordable housing for the elderly population who are financially disadvantaged. Their primary objective is to ensure that this vulnerable group has access to suitable living spaces, thereby contributing to their overall well-being. By offering affordable housing, Kinston Towers I plays a vital role in supporting the elderly, enabling them to maintain their independence and dignity, and fostering a sense of community among them.

Impact

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




Thursday, August 15, 2024

Kinston Towers I's impact lies in providing crucial affordable housing for low-income elderly individuals in Kinston, NC. By offering these individuals a place to live at a rate that fits their financial means, Kinston Towers I addresses a pressing social issue and contributes to the well-being of the elderly population in the area. This initiative helps ensure that the low-income elderly have a safe and stable place to call home, promoting their overall quality of life and security.





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: $560
  • Program Service Revenue: $1,213,803
  • Gross Receipts: $1,214,776

    • Assets and Liabilities:
  • Total Assets: $1,581,394
  • Total Liabilities: $2,123,201
  • Net Assets: -$541,807
  • Programs

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

    Provide housing to low-income elderly

    Revenue

    $1,213,803

    Organization Details

    Founding Year

    2007

    Principal Officer

    Rhonda Abbott

    Main Address

    PO Box 697, Kinston, NC, 28502

    NTEE Category

    Code: L21 - Housing

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