St Joseph Towers Inc

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

EIN: 591844046 ✦ Lauderdale lakes, FL ✦ Designated as a 501(c)(3)

Overview

What is St Joseph Towers Inc?

St. Joseph Towers Inc. is a nonprofit organization dedicated to providing affordable housing for the elderly and handicapped. With a mission rooted in low-income elderly housing, they operate through a project funded by the United States Department of Housing and Urban Development (HUD). This HUD-supported project features rental units specifically designed to cater to the needs of elderly and disabled individuals, ensuring they have a safe and comfortable living environment.


Is St Joseph Towers Inc legitimate?

St Joseph Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Joseph 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: $200,859

For more financial information, click here


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

Mission Statement of St Joseph Towers Inc

St. Joseph Towers Inc, a nonprofit organization, is dedicated to providing low-income housing for the elderly and handicapped. Through a project funded by the United States Department of Housing and Urban Development (HUD), St. Joseph Towers offers rental units specifically designed to cater to the needs of this specific demographic. The mission of St. Joseph Towers is to create a living environment that is inclusive and supportive, allowing elderly and handicapped individuals to maintain their independence while receiving the necessary assistance and care. By offering affordable housing, St. Joseph Towers contributes to the well-being of this vulnerable population, ensuring they have a safe and comfortable place to call home.

Impact

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




Saturday, July 20, 2024

St. Joseph Towers Inc's impact lies in providing essential low-income housing for elderly individuals in Lauderdale Lakes, Florida. Through its HUD project, the organization offers specially designed rental units that cater to the unique needs of elderly and handicapped individuals. By fulfilling this critical need for affordable housing, St. Joseph Towers Inc plays a significant role in supporting the well-being and quality of life of the elderly population 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 2023.

  • Investment Income: $1,149
  • Program Service Revenue: $1,610,648
  • Gross Receipts: $1,611,797

    • Assets and Liabilities:
  • Total Assets: $2,156,960
  • Total Liabilities: $2,555,286
  • Net Assets: -$398,326
  • Programs

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

    TENANT ASSISTANCE PAYM

    Revenue

    $1,176,761

    RENTAL INCOME, NET

    Revenue

    $401,278

    PARKING LEASE

    Revenue

    $23,376

    COIN LAUNDRY AND VENDI

    Revenue

    $8,723

    TENANT CHARGES

    Revenue

    $510

    Organization Details

    Founding Year

    1981

    Principal Officer

    Rev Marcos Somarriba

    Main Address

    4790 N STATE ROAD 7, LAUDERDALE LAKES, FL, 33319

    NTEE Category

    Code: L22 - Housing

    If you are a representative of St Joseph 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.