Metro Towers Inc

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

EIN: 431425399 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

Overview

What is Metro Towers Inc?

Metro Towers Inc is a nonprofit organization situated in Kansas City, Missouri. With a focus on social welfare, they operate a 56-unit apartment complex, offering subsidized housing for low-income elderly individuals. This initiative aligns with Section 202 of the National Housing Act, ensuring that elderly residents can maintain a comfortable living standard. The organization's primary mission is to provide affordable housing for this demographic, thereby contributing to the overall well-being of the elderly community in Kansas City.


Is Metro Towers Inc legitimate?

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

Mission Statement of Metro Towers Inc

Metro Towers Inc, as a nonprofit organization, is committed to providing subsidized housing for low-income elderly individuals. This mission is carried out through the operation of a 56-unit apartment complex, in compliance with Section 202 of the National Housing Act. The organization's primary goal is to make housing affordable for this specific demographic, ensuring they live in a safe and secure environment. By doing so, Metro Towers Inc aims to contribute positively to the well-being and independence of the elderly community, providing them with the necessary support to maintain a decent standard of living.

Impact

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




Wednesday, July 24, 2024

Metro Towers Inc's impact lies in providing essential subsidized housing for low-income elderly persons in Kansas City, Missouri. Through its operation of a 56-unit apartment complex, the organization fulfills a critical need for affordable housing within the community. By offering subsidized units in accordance with Section 202 of the National Housing Act, Metro Towers Inc enables elderly individuals with limited financial resources to have a safe and comfortable place to call home. This initiative not only addresses the issue of housing insecurity among the elderly but also promotes a sense of community and support for this vulnerable population.





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: $608
  • Program Service Revenue: $135,715
  • Gross Receipts: $491,021

    • Assets and Liabilities:
  • Total Assets: $2,050,635
  • Total Liabilities: $2,669,875
  • Net Assets: -$619,240
  • Programs

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

    Rental and ancillary Income

    Revenue

    $135,715

    Organization Details

    Founding Year

    1986

    Principal Officer

    Brenda Sylvan

    Main Address

    6138 CITADEL, KANSAS CITY, MO, 64110

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Metro 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.