nonprofit logo

Menorah Center Inc Dba Philip Benjamin Tower

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

EIN: 591268962 ✦ St petersburg, FL ✦ Designated as a 501(c)(3)

Overview

What is Menorah Center Inc Dba Philip Benjamin Tower?

Menorah Center Inc Dba Philip Benjamin Tower is a nonprofit housing facility situated at 250 58th Street North, St. Petersburg, Florida. Established under section 236 of the National Housing Act, its primary mission is to provide affordable living spaces for low to moderate income elderly individuals. Initially regulated by HUD, the facility ceased its regulatory agreement on September 1, 2011, following the repayment of the HUD Section 236 mortgage. However, Menorah Center entered into a new agreement with HUD to continue offering living facilities for low-income elderly or disabled persons until August 31, 2031. Furthermore, the center has a Project-Based Section 8 Housing Assistance Payments (HAP) contract with the St. Petersburg Housing Authority, which began on December 1, 2012, and will extend until November 30, 2027. This contract provides the center with 162 vouchers to assist low-income elderly families. In total, the center employs 13 individuals.


Official website here: www.philipbenjamintower.org

Is Menorah Center Inc Dba Philip Benjamin Tower legitimate?

Menorah Center Inc Dba Philip Benjamin Tower is a legitimate nonprofit organization registered as a 501(c)(3) entity. Menorah Center Inc Dba Philip Benjamin Tower 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: $306,950

For more financial information, click here


Official website here: www.philipbenjamintower.org

What is the mission statement of Menorah Center Inc Dba Philip Benjamin Tower?

Menorah Center Inc Dba Philip Benjamin Tower's mission is centered around providing housing for low to moderate income elderly individuals. Under the National Housing Act, they offer 197 residential apartments. Initially regulated by HUD, their mission continued beyond 2011 due to a HUD Section 236 mortgage payoff, with a commitment to serve low-income elderly or disabled persons until 2031. Additionally, they have entered into a Project-Based Section 8 Housing Assistance Payments contract with the St. Petersburg Housing Authority, which allows them to assist 162 low-income elderly families with vouchers.


Official website here: www.philipbenjamintower.org

Who is the CEO of Menorah Center Inc Dba Philip Benjamin Tower?

Greg Sembler is the Director of Menorah Center Inc Dba Philip Benjamin Tower.


Official website here: www.philipbenjamintower.org

What is the revenue of Menorah Center Inc Dba Philip Benjamin Tower?

Menorah Center Inc Dba Philip Benjamin Tower's revenue in 2023 was $2,181,299.


Official website here: www.philipbenjamintower.org

Who are the executives of Menorah Center Inc Dba Philip Benjamin Tower and what are their salaries?

The average compensation at Menorah Center Inc Dba Philip Benjamin Tower during 2023 was $23,612. There are 13 employees and 12 volunteers at Menorah Center Inc Dba Philip Benjamin Tower.

Here are 8 key members and their salaries:

    Morris Lecompte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Benjamin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Clark (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Sembler (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Freid (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rabbi Jacob Luski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Marger (Vp/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.philipbenjamintower.org

    Where can I find the form 990 for Menorah Center Inc Dba Philip Benjamin Tower?

    The Menorah Center Inc Dba Philip Benjamin Tower’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.philipbenjamintower.org

    Learn more at the official website: www.philipbenjamintower.org

    Mission Statement of Menorah Center Inc Dba Philip Benjamin Tower

    Menorah Center Inc Dba Philip Benjamin Tower is dedicated to providing housing for individuals who fall under the category of low to moderate income elderly persons. The organization's mission is clearly defined and focused on this specific population group. The Center has a long-term agreement with HUD, requiring it to continue offering living facilities for low-income elderly or disabled individuals until 2031. Beyond this, Menorah Center Inc Dba Philip Benjamin Tower also entered into a Project-Based Section 8 Housing Assistance Payments (HAP) Contract with the St. Petersburg Housing Authority, which has resulted in the provision of 162 vouchers to assist low-income elderly families. This further demonstrates the Center's commitment to ensuring affordable housing for this vulnerable group. In summary, Menorah Center Inc Dba Philip Benjamin Tower is an organization that prioritizes the housing needs of low to moderate income elderly persons, providing them with secure and affordable living accommodations.

    Impact

    This information is meant to be a general summary of Menorah Center Inc Dba Philip Benjamin Tower. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Menorah Center Inc Dba Philip Benjamin Tower provides essential housing for low to moderate income elderly persons in St. Petersburg, Florida. With 197 residential apartments, the organization offers a safe and affordable living option for this vulnerable population. Through partnerships with HUD and the St. Petersburg Housing Authority, Menorah Center Inc ensures that low-income elderly individuals and families have access to necessary housing assistance. By fulfilling its mission of providing housing for low to moderate income elderly persons, Menorah Center Inc Dba Philip Benjamin Tower positively impacts the lives of its residents by offering them a secure and supportive community to call home.





    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: $7,488
  • Program Service Revenue: $2,052,872
  • Gross Receipts: $2,181,299

    • Assets and Liabilities:
  • Total Assets: $5,521,967
  • Total Liabilities: $1,281,144
  • Net Assets: $4,240,823
  • Programs

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

    Coin Laundry and tenant f

    Revenue

    $21,100

    Tenant Rents

    Revenue

    $2,031,772

    Organization Details

    Founding Year

    1968

    Principal Officer

    Greg Sembler

    Main Address

    250 58th Street North, St Petersburg, FL, 33710

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Menorah Center Inc Dba Philip Benjamin Tower 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.