Travis Towers Inc

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

EIN: 751708505 ✦ Waco, TX ✦ Designated as a 501(c)(3)

Overview

What is Travis Towers Inc?

Travis Towers Inc is a nonprofit organization situated in Waco, Texas, specializing in providing affordable housing for the elderly. The organization operates an elderly high-rise apartment complex, featuring 87 rental units. Financed by HUD Section 202 funding, these units are primarily intended for low-income individuals. Moreover, most tenants are eligible for Section 8 rental assistance, further assisting with their housing expenses. Travis Towers Inc's primary mission is to ensure that elderly residents have access to safe and affordable housing.


Is Travis Towers Inc legitimate?

Travis Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Travis 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: $116,625

For more financial information, click here


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

Mission Statement of Travis Towers Inc

Travis Towers Inc, a nonprofit organization, is dedicated to providing low-income housing solutions. Specifically, they operate an elderly high-rise apartment complex, offering 87 rental units. Financed by HUD Section 202 funding, the majority of tenants in this complex benefit from Section 8 rental assistance. This initiative by Travis Towers Inc aims to provide affordable housing options for those in need, thereby contributing to the well-being of the community.

Impact

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




Saturday, July 20, 2024

Travis Towers Inc's impact is profound in providing low-income housing to elderly individuals in Waco, TX. Through its high-rise apartment complex, Travis Towers offers 87 rental units financed by HUD Section 202 funding. Most tenants also benefit from Section 8 rental assistance, ensuring they have access to affordable housing. By offering safe and affordable housing options, Travis Towers Inc positively impacts the lives of elderly individuals in need, providing them with a sense of security and stability in their living arrangements.





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 2022.

  • Investment Income: $1,236
  • Program Service Revenue: $879,171
  • Gross Receipts: $886,964

    • Assets and Liabilities:
  • Total Assets: $1,180,023
  • Total Liabilities: $60,196
  • Net Assets: $1,119,827
  • Programs

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

    TENANT ASSISTANCE PAYMENTS

    Revenue

    $684,445

    TENANT RENTAL CHARGES

    Revenue

    $194,726

    Organization Details

    Principal Officer

    Ellan Johnson

    Main Address

    3135 FRANKLIN AVENUE, WACO, TX, 76710

    NTEE Category

    Code: L22 - Housing

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