Tanner Terrace Inc

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

EIN: 860344610 ✦ Phoenix, AZ ✦ Designated as a 501(c)(3)

Overview

What is Tanner Terrace Inc?

Tanner Terrace Inc, based in Phoenix, Arizona, is a dedicated nonprofit organization that prioritizes providing affordable housing for low-income elderly residents. With a team of seven dedicated individuals, Tanner Terrace's mission is centered around this core service. The organization operates within the city, offering a home to those who may otherwise struggle with housing costs in their later years. The focus on affordability and support for the elderly community is a testament to Tanner Terrace Inc's commitment to improving living conditions and promoting a sense of security for this demographic.


Is Tanner Terrace Inc legitimate?

Tanner Terrace Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tanner Terrace 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: $316,668

For more financial information, click here


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

Mission Statement of Tanner Terrace Inc

Tanner Terrace Inc, as a nonprofit organization, is dedicated to providing affordable housing for low-income elderly residents. This mission is at the heart of their activities and operations, aimed at ensuring that the elderly community in need has access to suitable living accommodations. By offering affordable housing, Tanner Terrace Inc is not just providing a roof over heads, but is also contributing to the well-being and dignity of its residents, allowing them to live comfortably and with peace of mind. The organization's focus on the elderly demonstrates its commitment to supporting a vulnerable population, ensuring they can age with dignity and independence.

Impact

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




Saturday, July 20, 2024

Tanner Terrace Inc's impact is significant in providing affordable housing for low-income elderly residents in Phoenix, Arizona. Through its mission to offer housing options that are accessible to those in need, Tanner Terrace Inc contributes to improving the quality of life for seniors who may face financial challenges. This support helps elderly individuals maintain their independence and security in a stable and affordable housing environment.





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: $257
  • Program Service Revenue: $1,565,814
  • Gross Receipts: $2,524,176

    • Assets and Liabilities:
  • Total Assets: $1,463,961
  • Total Liabilities: $1,969,844
  • Net Assets: -$505,883
  • Programs

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

    TENANT RENTS

    Revenue

    $1,565,814

    Organization Details

    Founding Year

    1977

    Principal Officer

    Lc Demon Carey

    Main Address

    700 E JEFFERSON STREET SUITE 230, PHOENIX, AZ, 85034

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Tanner Terrace 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.