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Miami Beach Marian Towers Inc

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

EIN: 237115014 ✦ Lauderdale lakes, FL ✦ Designated as a 501(c)(3)

Overview

What is Miami Beach Marian Towers Inc?

Miami Beach Marian Towers Inc is a nonprofit organization dedicated to providing affordable housing for elderly and handicapped individuals. Established by the US Department of Housing and Urban Development (HUD), this project is situated in Lauderdale Lakes, FL. The project offers specially designed rental units to cater to the unique needs of its inhabitants, thereby serving as a sanctuary for this specific demographic.


Is Miami Beach Marian Towers Inc legitimate?

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

Mission Statement of Miami Beach Marian Towers Inc

Miami Beach Marian Towers Inc, as a mission-driven organization, is dedicated to providing affordable housing for elderly and handicapped individuals. Established by the US Department of Housing and Urban Development (HUD), this project offers specially designed rental units, catering to the unique needs of its residents. Situated in Lauderdale Lakes, FL, Miami Beach Marian Towers Inc serves as a safe and supportive living environment for its elderly and handicapped residents, enabling them to maintain their independence and dignity. By providing affordable housing, Miami Beach Marian Towers Inc plays a crucial role in ensuring that elderly individuals have access to adequate living conditions, contributing to their overall well-being and quality of life.

Impact

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




Wednesday, July 24, 2024

Miami Beach Marian Towers Inc's impact is significant in providing low-income elderly individuals with affordable housing options tailored to their specific needs. By offering rental units designed for elderly and handicapped individuals, this organization plays a crucial role in ensuring that vulnerable populations have a safe and accessible place to call home. Through its mission of providing low-income elderly housing, Miami Beach Marian Towers Inc contributes to enhancing the quality of life for seniors in Lauderdale Lakes, FL, and positively impacts the community by addressing the housing needs of this demographic.





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: $568,052
  • Program Service Revenue: $0
  • Gross Receipts: $568,052

    • Assets and Liabilities:
  • Total Assets: $19,291,305
  • Total Liabilities: $10,752
  • Net Assets: $19,280,553
  • Organization Details

    Founding Year

    1972

    Principal Officer

    Rev Marcos Somarriba

    Main Address

    4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319

    NTEE Category

    Code: L210 - Housing

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