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Hillabee Towers Inc

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

EIN: 630811078 ✦ Alexander city, AL ✦ Designated as a 501(c)(3)

Overview

What is Hillabee Towers Inc?

Hillabee Towers Inc is a nonprofit organization dedicated to providing affordable housing solutions for individuals with limited financial resources. Situated under Section 202 of the National Housing Act, it is overseen by the HUD and offers 78 one-bedroom units. Their primary mission is to cater to the housing needs of those in need of affordable living options. Hillabee Towers is committed to serving this community, focusing on making inexpensive housing an attainable option.


Is Hillabee Towers Inc legitimate?

Hillabee Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hillabee 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: $0

For more financial information, click here


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

Mission Statement of Hillabee Towers Inc

Hillabee Towers Inc, a nonprofit organization, is dedicated to providing low-income individuals with affordable housing solutions. It achieves this mission by offering 78 one-bedroom units under Section 202 of the National Housing Act, overseen by HUD. The organization's primary goal is to cater to the needs of individuals who require inexpensive housing options. By doing so, Hillabee Towers Inc plays a crucial role in ensuring that low-income individuals have access to safe and affordable living spaces, thereby contributing to their overall well-being.

Impact

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




Saturday, July 20, 2024

Hillabee Towers Inc's impact revolves around providing vital low-income housing options to individuals in need. Through its 78 one-bedroom units under Section 202 of the National Housing Act, regulated by HUD, located in Alexander City, AL, Hillabee Towers offers affordable living solutions to those who require inexpensive housing. By catering to the needs of low-income individuals, Hillabee Towers plays a significant role in addressing the housing challenges faced by this demographic, thereby contributing to enhancing their quality of life and stability.





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: $5,288
  • Program Service Revenue: $1,070,338
  • Gross Receipts: $1,075,626

    • Assets and Liabilities:
  • Total Assets: $2,156,141
  • Total Liabilities: $2,766,113
  • Net Assets: -$609,972
  • Programs

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

    APARTMENT RENTAL

    Revenue

    $294,314

    MISCELLANEOUS

    Revenue

    $11,154

    LAUNDRY & VENDING

    Revenue

    $2,218

    TENANT CHARGES

    Revenue

    $1,038

    Organization Details

    Founding Year

    1984

    Principal Officer

    Allen Baker

    Main Address

    1001 TALLAPOOSA STREET, ALEXANDER CITY, AL, 35010

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Hillabee 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.