Overview
What is Desoto Towers Inc?
Desoto Towers Inc, located in Bradenton, Florida, is a dedicated nonprofit organization. Its primary mission is to provide affordable housing for senior citizens, offering 72 one-bedroom and 132 efficiency units. Guided by regulations set by the U.S. Department of Housing and Urban Development, this organization is committed to ensuring that elderly individuals have a secure living environment. With a workforce of 18 individuals, Desoto Towers Inc plays an essential role in fostering a sense of community and security for senior citizens in need.
Is Desoto Towers Inc legitimate?
Desoto Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Desoto 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: $61,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,865
For more financial information, click here
What is the mission statement of Desoto Towers Inc?
Desoto Towers Inc, as an organization, is dedicated to providing low-income housing solutions for senior citizens. In line with its mission, it offers 72 one-bedroom and 132 efficiency units to this demographic, adhering to guidelines set by the U.S. Department of Housing and Urban Development. The organization's primary goal is to ensure that senior citizens have access to affordable housing, thereby contributing to their overall well-being and quality of life. Desoto Towers Inc is committed to serving this specific population, providing them with a secure and comfortable living environment.
Who is the CEO of Desoto Towers Inc?
Patricia Barber is the President of Desoto Towers Inc.
What is the revenue of Desoto Towers Inc?
Desoto Towers Inc's revenue in 2022 was $1,312,048.
Who are the executives of Desoto Towers Inc and what are their salaries?
The average compensation at Desoto Towers Inc during 2022 was $16,619. There are 18 employees and 14 volunteers at Desoto Towers Inc.
Here are 5 key members and their salaries:
- Josephine Rivera (Manager)
- Patricia Barber (President) [Trustee/Director]
- Dawn Walker (Secretary) [Trustee/Director]
- Donald Evans (Vice President) [Trustee/Director]
- Peggy Wolfe (Director)
Where can I find the form 990 for Desoto Towers Inc?
The Desoto Towers Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Desoto Towers Inc
Desoto Towers Inc, as a nonprofit organization, is committed to providing low-income housing for senior citizens. In line with this mission, they offer 72 one-bedroom and 132 efficiency units specifically designed for elderly individuals. These housing units adhere to guidelines set forth by the U.S. Department of Housing and Urban Development, ensuring that senior citizens have access to comfortable, affordable living spaces. By providing such accommodations, Desoto Towers Inc plays a crucial role in supporting the needs of the elderly population, enabling them to maintain their independence and dignity in their later years.
Impact
This information is meant to be a general summary of Desoto Towers Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Desoto Towers Inc has a significant impact on the community by providing essential low-income housing to senior citizens in Bradenton, Florida. With 72 one-bedroom and 132 efficiency units, this organization plays a vital role in ensuring that senior citizens have access to safe and affordable housing in accordance with the guidelines set by the U.S. Department of Housing and Urban Development. Desoto Towers Inc's mission to provide low-income housing to senior citizens directly addresses a critical need within the community and improves the quality of life for its residents.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL OF APARTMENT UN
Revenue
$1,275,547
LAUNDRY & VENDING REVE
Revenue
$19,020
TENANT CHARGES
Revenue
$7,474
Organization Details
Founding Year
1967
Phone
(941) 748-2883
Principal Officer
Patricia Barber
Main Address
1523 6TH AVENUE WEST, BRADENTON, FL, 34205
If you are a representative of Desoto 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.