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Broadway Towers Inc

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

EIN: 581354973 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Broadway Towers Inc?

Broadway Towers Inc is a nonprofit organization situated in Atlanta, Georgia. Their primary mission is to manage three apartment complexes, providing housing for the elderly and self-sufficient handicapped individuals. This aligns with the Department of Housing and Urban Development's 202 Housing Program. In addition to housing, Broadway Towers Inc also engages in charitable, educational, religious, and scientific purposes, as permitted under Section 501(c)(3) of the Internal Revenue Code of 1986. They operate with the intention of benefiting the public and contributing to various social causes.


Is Broadway Towers Inc legitimate?

Broadway Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway 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: $445,702

For more financial information, click here


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

Mission Statement of Broadway Towers Inc

Broadway Towers Inc, as a nonprofit organization, is committed to managing three apartment complexes primarily for the benefit of elderly and handicapped residents. This mission extends beyond providing housing, encompassing a broader scope of public benefit and charitable purposes. In accordance with the Department of Housing and Urban Development's 202 Housing Program, Broadway Towers Inc ensures suitable living arrangements for the elderly and self-sufficient handicapped residents. Additionally, the organization is permitted to engage in charitable, educational, religious, or scientific activities permitted under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. This multifaceted approach allows Broadway Towers Inc to contribute to the well-being of its residents and the community at large.

Impact

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




Saturday, July 20, 2024

Broadway Towers Inc's impact can be seen in their management of three apartment complexes dedicated to providing housing for the elderly and self-sufficient handicapped individuals. By adhering to the Department of Housing and Urban Development's guidelines, Broadway Towers Inc ensures that these vulnerable populations have a safe and supportive living environment. Through their work, they contribute to enhancing the quality of life for elderly and handicapped residents, fulfilling a vital need in the community while also serving other public benefit and charitable purposes.





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: $336,275
  • Program Service Revenue: $3,046,480
  • Gross Receipts: $3,394,281

    • Assets and Liabilities:
  • Total Assets: $17,793,072
  • Total Liabilities: $5,401,059
  • Net Assets: $12,392,013
  • Programs

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

    RENT INCOME APARTMENTS

    Revenue

    $3,046,480

    Organization Details

    Founding Year

    1979

    Principal Officer

    Gerald Eickhoff

    Main Address

    PO BOX 450049, ATLANTA, GA, 31145

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Broadway 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.