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Martin Luther Tower Inc

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

EIN: 946108510 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Martin Luther Tower Inc?

Martin Luther Tower Inc is a nonprofit organization situated in San Francisco, California, specifically at 1031 Franklin Street STE103. Their primary focus is providing housing and related services to senior citizens. They function as the general partner of a partnership that operates a 121-unit apartment complex, catering specifically to the elderly. Residents of this complex benefit from the availability of not only housing but also various activities and social services. This organization plays a significant role in ensuring the well-being and comfort of its elderly tenants.


Official website here: www.mltinc.org

Is Martin Luther Tower Inc legitimate?

Martin Luther Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Martin Luther Tower 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


Official website here: www.mltinc.org

What is the mission statement of Martin Luther Tower Inc?

Martin Luther Tower Inc serves as the general partner of a partnership that operates a 121-unit apartment complex. This complex provides rental housing primarily for elderly residents, offering them various activities and social services. The corporation's main interest lies in generating income from low-income housing rental real estate, with a commitment to providing additional resident and social services for its tenants. Martin Luther Tower Inc's mission is centered around providing housing and supportive services for senior citizens, aiming to enhance their living experience.


Official website here: www.mltinc.org

Who is the CEO of Martin Luther Tower Inc?

Scott Taylor is the Sectretary of Martin Luther Tower Inc.


Official website here: www.mltinc.org

What is the revenue of Martin Luther Tower Inc?

Martin Luther Tower Inc's revenue in 2022 was $1,547,986.


Official website here: www.mltinc.org

Who are the executives of Martin Luther Tower Inc and what are their salaries?

Here are 11 key members and their salaries:

    Barbara Bock (Sectretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Engmann (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Moeller (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Chadwick (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Cheng (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerald Lundblad (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susie Smith (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Taylor (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lyle Beckman (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nancy Nielsen (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Seefeldt (Board Members) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mltinc.org

    Where can I find the form 990 for Martin Luther Tower Inc?

    The Martin Luther Tower Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mltinc.org

    Learn more at the official website: www.mltinc.org

    Mission Statement of Martin Luther Tower Inc

    Martin Luther Tower Inc, as a corporation, is dedicated to providing housing and various services to senior citizens. Serving as the general partner of a partnership, Martin Luther Tower Inc operates a 121-unit apartment complex, which primarily caters to the elderly residents. Besides offering rental housing, the corporation ensures that its tenants also have access to a range of activities and social services. This holistic approach to elderly care helps create a comfortable and supportive living environment for the residents.

    Impact

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




    Sunday, July 21, 2024

    Martin Luther Tower Inc's impact lies in providing essential housing and services to senior citizens in San Francisco, CA. As the general partner of a partnership that operates a 121-unit apartment complex, this organization plays a crucial role in offering rental housing for elderly residents. By facilitating access to activities and social services, Martin Luther Tower Inc contributes significantly to enhancing the quality of life for seniors in the community. Their focus on housing aligns with the growing need to support the elderly population, making a tangible difference in the lives of those they serve.





    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: $28,492
  • Program Service Revenue: $1,023,459
  • Gross Receipts: $1,547,986

    • Assets and Liabilities:
  • Total Assets: $14,432,303
  • Total Liabilities: $5,953,015
  • Net Assets: $8,479,288
  • Programs

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

    SELLER NOTE INTEREST

    Revenue

    $461,671

    GROSS RENTAL INCOME

    Revenue

    $287,756

    OTHER REIMBURSEMENT

    Revenue

    $147,298

    GROUND LEASE

    Revenue

    $67,209

    SOCIAL SERVICE FEE

    Revenue

    $59,525

    Organization Details

    Founding Year

    2005

    Principal Officer

    Scott Taylor

    Main Address

    1031 FRANKLIN ST STE103, SAN FRANCISCO, CA, 94109

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Martin Luther Tower 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.