Overview
What is Bethel Towers Inc?
Bethel Towers Inc is a nonprofit organization established with the primary purpose of acquiring, owning, and managing the commercial units within a multi-unit apartment complex named Big Bethel Towers Apartments, situated in Atlanta, Georgia. The organization's mission is dedicated to maintaining and operating these commercial units as part of its nonprofit activities. By doing so, Bethel Towers Inc contributes to the community and provides facilities within the specified apartment complex.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Overall score: 73% - Earned a Two-Star out of Four Star rating. Bethel Towers Inc has demonstrated strengths in several governance areas, achieving full marks for its majority independent board members, board size, and absence of material asset diversion. Their program expense ratio is also strong at 80.63%, indicating a significant commitment to their mission.
However, the organization has critical areas that need attention, particularly in transparency and compliance. The absence of key policies such as a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about governance practices. Additionally, the nonprofit has not made its tax form available on its website, which impacts its overall accountability score.
While Bethel Towers Inc shows promise in financial management and governance structure, the lack of essential policies and documentation could hinder its effectiveness and public trust. Addressing these limitations would not only improve its rating but also strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
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.
Heare are some key statistics you may want to consider:
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What is the mission statement of Bethel Towers Inc?
Bethel Towers Inc, being a non-profit organization, is established with the primary objective of managing and operating the commercial units of an apartment community. This organization's role is to oversee the commercial units within the Big Bethel Towers Apartments located in Atlanta, Georgia. The mission of Bethel Towers Inc is essentially focused on maintaining and managing these commercial units, ensuring the smooth operation of the apartment community. It is important to note that Bethel Towers Inc is a corporation, formed specifically for the purpose of acquiring, owning, and operating the commercial units of this multi-unit apartment community.
Who is the CEO of Bethel Towers Inc?
Bill Sisk is the Board Chair of Bethel Towers Inc.
What is the revenue of Bethel Towers Inc?
Bethel Towers Inc's revenue in 2022 was $67,841.
Who are the executives of Bethel Towers Inc and what are their salaries?
Here are 9 key members and their salaries:
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Where can I find the form 990 for Bethel Towers Inc?
Bethel Towers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bethel Towers Inc
Bethel Towers Inc, as a non-profit organization, is established with the primary mission of managing and operating the commercial units within the apartment community known as Big Bethel Towers Apartments. This mission involves acquiring, owning, and overseeing the operation of these commercial spaces, ensuring their smooth functioning and maintenance. The organization's purpose is not explicitly stated to provide any specific services or support to the community, but rather to manage and operate the commercial units of the apartment complex.
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Impact
August, 2024
Bethel Towers Inc, a nonprofit organization based in Atlanta, Georgia, is making a significant impact by managing and operating the commercial units of the apartment community known as Big Bethel Towers Apartments. Through its mission to provide housing solutions, Bethel Towers Inc is helping to address the need for affordable and sustainable housing in the Atlanta area. By managing these units, the organization is directly contributing to the well-being and stability of individuals and families in the community.
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.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $838
- Program Service Revenue: $55,350
- Gross Receipts: $67,841
Assets and Liabilities:
- Total Assets: $392,820
- Total Liabilities: $0
- Net Assets: $392,820
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Developer Fee income
Revenue
$55,350
Organization Details
Founding Year
1970
Phone
(678) 514-5900Principal Officer
Bill Sisk
Main Address
204 Auburn Avenue NE, Atlanta, GA, 30303
NTEE Category
Code: L20 - Housing
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