Overview
What is Heartland Christian Tower Inc?
Heartland Christian Tower Inc is a nonprofit organization based in Nashville, Tennessee, specifically located at 3027 Fernbrook Lane. Their primary mission is to provide housing for eligible low-income elderly individuals, adhering to the Section 202 Capital Advance Program of the U.S. Department of Housing and Urban Development. Operating 58 apartment units, Heartland Christian Tower Inc offers a safe and supportive living environment for those in need, contributing positively to the community in Tennessee.
Official website here: www.nationalchurchresidences.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) with an overall score of 73%. This rating indicates that Heartland Christian Tower Inc is facing certain challenges related to accountability and transparency, which are crucial for building trust with supporters and stakeholders.
The organization demonstrates strengths in several key areas, including having a fully independent board, strong financial oversight, and a high program expense ratio of 88.76%. These aspects suggest a commitment to effective governance and prioritizing resources towards its mission. However, the lack of a whistleblower policy, document retention policy, and failure to post its tax form on its website raise concerns about its transparency and compliance practices.
Additionally, the liabilities to assets ratio of 143.60% indicates financial instability, which could impact the organization's ability to sustain its operations effectively. Overall, while Heartland Christian Tower Inc has notable strengths, addressing its weaknesses in policy and financial management is essential for improving its rating and enhancing its credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Heartland Christian Tower Inc legitimate?
Heartland Christian Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heartland Christian 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.
Heare 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.nationalchurchresidences.org
What is the mission statement of Heartland Christian Tower Inc?
Heartland Christian Tower Inc's mission is centered around providing housing for eligible low-income elderly individuals. It operates 58 apartment units in accordance with the Section 202 Capital Advance Program of the U.S. Department of Housing and Urban Development. The corporation's primary goal is to ensure that these units are accessible to those who meet the income criteria set by the National Affordable Housing Act. The organization's activities are focused on providing a safe and comfortable living environment for its residents, contributing positively to the community by offering affordable housing solutions.
Official website here: www.nationalchurchresidences.org
Who is the CEO of Heartland Christian Tower Inc?
John Robinson is the Chairman of Heartland Christian Tower Inc.
Official website here: www.nationalchurchresidences.org
What is the revenue of Heartland Christian Tower Inc?
Heartland Christian Tower Inc's revenue in 2022 was $501,243.
Official website here: www.nationalchurchresidences.org
Who are the executives of Heartland Christian Tower Inc and what are their salaries?
There 7 volunteers at Heartland Christian Tower Inc.
Here are 6 key members and their salaries:
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Official website here: www.nationalchurchresidences.org
Where can I find the form 990 for Heartland Christian Tower Inc?
Heartland Christian Tower Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nationalchurchresidences.org
Learn more at the official website: www.nationalchurchresidences.org
Mission Statement of Heartland Christian Tower Inc
Heartland Christian Tower Inc, as a nonprofit organization, is dedicated to providing housing for individuals who fall under the category of low-income elderly persons. In alignment with the Section 202 Capital Advance Program of the U.S. Department of Housing and Urban Development, this corporation operates 58 apartment units to fulfill this mission. By doing so, Heartland Christian Tower Inc contributes to the broader goal of ensuring that eligible elderly people in Tennessee have access to appropriate housing accommodations. The residents of these 58 units are selected based on the criteria set forth in Section 202 of the National Affordable Housing Act.
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Impact
July, 2024
Heartland Christian Tower Inc has a significant impact on the community by providing 58 housing units to eligible low-income elderly individuals in Tennessee. By operating its apartments in Nashville, Davidson County, the organization ensures that these individuals have a safe and affordable place to live. This initiative helps address the housing needs of low and moderate-income elderly residents in the area, supporting them in maintaining a decent quality of life.
This information is meant to be a general summary of Heartland Christian Tower 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: $408
- Program Service Revenue: $260,284
- Gross Receipts: $501,243
Assets and Liabilities:
- Total Assets: $3,669,671
- Total Liabilities: $5,269,917
- Net Assets: -$1,600,246
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS - NET
Revenue
$260,284
Organization Details
Founding Year
2003
Phone
(615) 232-0566Principal Officer
John Robinson
Main Address
3027 FERNBROOK LANE, NASHVILLE, TN, 37214
NTEE Category
Code: L22 - Housing
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