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Greater New Hope Towers

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

EIN: 521258993 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

Overview

What is Greater New Hope Towers?

Greater New Hope Towers is a nonprofit organization situated in Baltimore, Maryland, specifically at 2720 Walbrook Avenue. Their primary mission is to offer affordable housing for the elderly community, catering to 80 residents. The organization is committed to upholding the standard of providing well-designed living spaces for its elderly residents, ensuring their comfort and well-being.


Is Greater New Hope Towers legitimate?

Greater New Hope Towers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater New Hope Towers 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: $332,516

For more financial information, click here


What is the mission statement of Greater New Hope Towers?
Who is the CEO of Greater New Hope Towers?
What is the revenue of Greater New Hope Towers?
Who are the executives of Greater New Hope Towers and what are their salaries?
Where can I find the form 990 for Greater New Hope Towers?

Mission Statement of Greater New Hope Towers

Greater New Hope Towers is a dedicated organization that strives to provide affordable and aesthetically pleasing living spaces for the elderly. Their primary mission is to operate and maintain a housing complex consisting of 80 units, ensuring that elderly individuals have access to comfortable and reasonably priced accommodations. By offering such housing, Greater New Hope Towers contributes to the well-being and security of the elderly population, enabling them to live with dignity and independence.

Impact

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




Saturday, July 20, 2024

Greater New Hope Towers provides essential housing for the elderly in Baltimore, Maryland, offering 80 units of affordable and well-designed living spaces. This impact is significant as it ensures that elderly individuals have access to safe and secure housing options that meet their needs. By fulfilling its mission to provide affordable housing, Greater New Hope Towers contributes to enhancing the quality of life for 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 2022.

  • Investment Income: $618
  • Program Service Revenue: $222,349
  • Gross Receipts: $1,494,120

    • Assets and Liabilities:
  • Total Assets: $3,285,069
  • Total Liabilities: $3,060,031
  • Net Assets: $225,038
  • Programs

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

    RENT INCOME

    Revenue

    $221,848

    LAUNDRY INCOME

    Revenue

    $501

    Organization Details

    Founding Year

    1978

    Principal Officer

    William Booker

    Main Address

    2725 WALBROOK AVENUE, BALTIMORE, MD, 21216

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Greater New Hope Towers 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.