The Towers Foundation Inc

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

EIN: 061331831 ✦ New haven, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Towers Foundation Inc?

The Towers Foundation Inc, based in New Haven, Connecticut, is a nonprofit organization with a mission to improve the quality of life for its residents. They specialize in providing essential services such as health care, housing, nutrition, and recreational activities. With a team of seven dedicated individuals, they strive to enhance the well-being of the community living at The Towers in New Haven, Connecticut. Their efforts are focused on ensuring the overall wellness and happiness of their residents, contributing positively to their local community.

Is The Towers Foundation Inc legitimate?

The Towers Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Towers Foundation 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $289,669

For more financial information, click here

What is the mission statement of The Towers Foundation Inc?

The Towers Foundation Inc's mission is centered around providing essential services to its resident community. Specifically, they focus on enhancing health, ensuring adequate housing, providing nutritional support, and facilitating recreational activities. This mission is aimed at improving the overall well-being and quality of life for the residents under their care.

Who is the CEO of The Towers Foundation Inc?

Gustave Keach-Longo is the Chair of The Towers Foundation Inc. The CEO's salary of The Towers Foundation Inc is $0 and their total compensation is $245,005.

What is the revenue of The Towers Foundation Inc?

The Towers Foundation Inc's revenue in 2023 was $1,940,196.

Who are the executives of The Towers Foundation Inc and what are their salaries?

The average compensation at The Towers Foundation Inc during 2023 was $41,381. There are 7 employees and 345 volunteers at The Towers Foundation Inc.


Here are 8 key members and their salaries (The Towers Foundation Inc's CEO's salary is $0 and their total compensation is $245,005):


Cindy Leffell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Zuboff (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Cedarbaum (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Randell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Brochin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cole (At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gustave Keach-Longo (President & Ceo)
  • Compensation: $0
  • Related: $220,298
  • Other: $24,707
John Heyder (Cfo)
  • Compensation: $0
  • Related: $120,966
  • Other: $25,976
Where can I find the form 990 for The Towers Foundation Inc?

The Towers Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Towers Foundation Inc

The Towers Foundation Inc is committed to enhancing the quality of life for its residents by providing essential services. Specifically, this nonprofit organization focuses on promoting health, ensuring adequate housing, providing nutritious meals, and facilitating recreational activities for its residents in New Haven, CT. By offering these services, The Towers Foundation Inc aims to create a supportive environment that positively impacts the overall well-being of its community members.

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Impact




October, 2024

The Towers Foundation Inc significantly enhances the quality of life for residents in New Haven, CT, by providing essential services in health, housing, nutrition, and recreation. By addressing critical needs, the foundation fosters a supportive community environment that promotes wellbeing and improves overall living conditions. The focus on health services ensures residents have access to necessary medical care and wellness programs, while housing initiatives contribute to stable living situations. Additionally, nutrition programs help residents maintain healthy diets, and recreational activities promote social interaction and physical fitness. The foundation's comprehensive approach creates a holistic support system that empowers individuals and strengthens the community as a whole.




This information is meant to be a general summary of The Towers Foundation 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.

Revenue
$1,940,196 (2023)
Expenses
$1,094,041 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $16,396
  • Program Service Revenue: $342,546
  • Gross Receipts: $2,975,537

Assets and Liabilities:

  • Total Assets: $3,122,597
  • Total Liabilities: $113,022
  • Net Assets: $3,009,575

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Programs

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

RESIDENT SERVICES

Revenue

$248,061

PROGRAM INCOME

Revenue

$93,039

RESIDENT ACTIVITIES

Revenue

$1,446

Organization Details

Founding Year

1969

Principal Officer

Gustave Keach-Longo

Main Address

18 TOWER LANE, NEW HAVEN, CT, 06519

NTEE Category

Code: L22 - Housing

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