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Pilgrim Towers Inc

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

EIN: 237425267 ✦ Hartford, CT ✦ Designated as a 501(c)(3)

Overview

What is Pilgrim Towers Inc?

Pilgrim Towers Inc is a nonprofit organization based in Hartford, Connecticut, specifically at 117 Murphy Road 2. Their primary mission, as stated under the National Housing Act, is to provide housing for the elderly and other eligible occupants. This mission is carried out through the operation of a ten-story apartment building named Pilgrim Towers, situated in Stamford, Connecticut. The building offers 72 rental units, catering to the housing needs of its designated population.


Official website here: www.pilgrimtowers.com

Is Pilgrim Towers Inc legitimate?

Pilgrim Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pilgrim 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: $91,008

For more financial information, click here


Official website here: www.pilgrimtowers.com

What is the mission statement of Pilgrim Towers Inc?

Pilgrim Towers Inc's mission, as outlined in their operations, is centered around providing housing for elderly individuals and other eligible occupants. This mission is carried out under Section 202 of the National Housing Act and the regulations associated with it. The organization operates a ten-story apartment building, known as Pilgrim Towers, in Stamford, CT, housing 72 rental units. Their primary objective is to offer suitable living spaces under the auspices of the National Housing Act.


Official website here: www.pilgrimtowers.com

Who is the CEO of Pilgrim Towers Inc?

Pat Thatcher is the President of Pilgrim Towers Inc.


Official website here: www.pilgrimtowers.com

What is the revenue of Pilgrim Towers Inc?

Pilgrim Towers Inc's revenue in 2022 was $766,378.


Official website here: www.pilgrimtowers.com

Who are the executives of Pilgrim Towers Inc and what are their salaries?

Here are 4 key members and their salaries:

    Marilyn Olsson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosemary Lamie (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellie Lowenstein (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Thatcher (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.pilgrimtowers.com

    Where can I find the form 990 for Pilgrim Towers Inc?

    The Pilgrim Towers Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.pilgrimtowers.com

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

    Mission Statement of Pilgrim Towers Inc

    Pilgrim Towers Inc is dedicated to fulfilling its mission by providing housing for the elderly and other eligible individuals. Operating under Section 202 of the National Housing Act and its regulations, this organization operates a ten-story apartment building, known as Pilgrim Towers, located in Stamford, CT. The primary focus of Pilgrim Towers Inc is to offer housing solutions for seniors, ensuring they have a safe and comfortable living space. This mission aligns with the broader objective of the National Housing Act, which aims to address the housing needs of various demographics, including the elderly. By offering housing solutions, Pilgrim Towers Inc contributes to the well-being of its residents, enabling them to live with dignity and independence.

    Impact

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




    Thursday, August 15, 2024

    Pilgrim Towers Inc provides essential housing for the elderly and other eligible occupants under the National Housing Act. Their impact lies in offering a safe and supportive living environment for seniors, ensuring they have a place to call home as they age. By operating a ten-story apartment building with 72 rental units in Stamford, CT, Pilgrim Towers Inc plays a crucial role in addressing the housing needs of vulnerable populations. Their work not only provides physical shelter but also fosters a sense of community and belonging for those they serve.





    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: $412
  • Program Service Revenue: $702,370
  • Gross Receipts: $766,378

    • Assets and Liabilities:
  • Total Assets: $3,296,029
  • Total Liabilities: $3,057,017
  • Net Assets: $239,012
  • Programs

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

    RENT INCOME - APARTMEN

    Revenue

    $384,167

    RENT INCOME - TENANT A

    Revenue

    $304,264

    PARKING INCOME

    Revenue

    $13,939

    Organization Details

    Founding Year

    1962

    Principal Officer

    Pat Thatcher

    Main Address

    117 MURPHY ROAD 2, HARTFORD, CT, 06114

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Pilgrim 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.