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Bethel Towers Inc

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

EIN: 621599419 ✦ Germantown, TN ✦ Designated as a 501(c)(3)

Overview

What is Bethel Towers Inc?

Bethel Towers Inc is a nonprofit organization situated in Germantown, Tennessee. Their primary mission is to provide affordable housing options for the elderly, ensuring they have a place to reside with financial ease. With a dedicated team of four employees, Bethel Towers Inc is committed to this cause, offering low-income housing that caters specifically to the elderly community. The organization's purpose is to help make housing more accessible and affordable for this demographic, contributing to their overall well-being and quality of life.


Is Bethel Towers Inc legitimate?

Bethel Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bethel 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: $79,634

For more financial information, click here


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

Mission Statement of Bethel Towers Inc

Bethel Towers Inc is committed to providing affordable housing solutions for the elderly community. Their mission, in essence, is to offer low-income rental accommodations tailored to the needs of this demographic. By doing so, Bethel Towers Inc seeks to create a living environment that supports the elderly, ensuring they can maintain their independence and dignity in their later years.

Impact

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




Wednesday, July 24, 2024

Bethel Towers Inc's impact lies in providing low-income elderly individuals with affordable housing in Germantown, Tennessee. Through their mission to offer low-income rental housing to the elderly, Bethel Towers Inc is directly addressing a crucial need in the community by ensuring that this vulnerable population has access to safe and affordable housing options. By doing so, they are contributing to enhancing the overall quality of life for elderly individuals who may face financial challenges in securing appropriate housing. This impact goes beyond just providing shelter; it also fosters a sense of stability and security for the elderly residents, promoting their well-being and dignity.





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: $3,073
  • Program Service Revenue: $547,824
  • Gross Receipts: $550,897

    • Assets and Liabilities:
  • Total Assets: $1,881,087
  • Total Liabilities: $3,334,793
  • Net Assets: -$1,453,706
  • Programs

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

    TENANT ASSISTANCE PAYMENTS

    Revenue

    $309,861

    TENANT RENTS

    Revenue

    $223,647

    LAUNDRY, VENDING, MISC.

    Revenue

    $14,316

    Organization Details

    Founding Year

    1996

    Principal Officer

    Mary Daniels

    Main Address

    2171 JUDICIAL DRIVE SUITE 200, GERMANTOWN, TN, 38138

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Bethel 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.