Overview
What is Wesley Towers Corporation?
Wesley Towers Corporation is a nonprofit organization located in Newark, New Jersey, with an address at 444 MT Prospect Ave, 07104. Their primary mission is to provide affordable housing solutions for the elderly, supported by the U.S. Department of Housing and Urban Development (HUD). They strive to cater to this demographic's housing needs, contributing to the well-being of the elderly community in the area.
Is Wesley Towers Corporation legitimate?
Wesley Towers Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Wesley Towers Corporation 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
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What is the mission statement of Wesley Towers Corporation?
Wesley Towers Corporation's mission is centered around providing low-income housing for the elderly. This mission is in alignment with the sponsorship they receive from the HUD (Department of Housing and Urban Development). The organization's primary goal is to ensure that elderly individuals who are financially challenged have access to suitable housing accommodations. This commitment to elderly welfare is a key part of Wesley Towers Corporation's mission. Their efforts contribute to enhancing the living conditions and providing a sense of security for the elderly population, thereby improving their overall quality of life.
Who is the CEO of Wesley Towers Corporation?
Chris Connor is the President of Wesley Towers Corporation.
What is the revenue of Wesley Towers Corporation?
Wesley Towers Corporation's revenue in 2022 was $37.
Who are the executives of Wesley Towers Corporation and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Wesley Towers Corporation?
Wesley Towers Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Wesley Towers Corporation
Wesley Towers Corporation, as a nonprofit organization, is dedicated to providing low-income housing for the elderly. This mission is sponsored by HUD, which underscores the corporation's commitment to serving a specific and vulnerable population. By offering housing, Wesley Towers Corporation aims to contribute to the well-being and comfort of elderly individuals who may be facing financial challenges, ensuring they have a safe and secure living environment. The corporation's mission is crucial in addressing the housing needs of the elderly, promoting their independence and dignity.
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Impact
October, 2024
Wesley Towers Corporation significantly impacts the community by providing low-income housing for the elderly in Newark, NJ, with sponsorship from HUD. By focusing on affordable housing options for senior citizens, it ensures that vulnerable populations have access to safe and supportive living environments. This initiative not only addresses the pressing need for affordable housing but also enhances the quality of life for elderly residents, allowing them to maintain their independence while fostering a sense of community. Through its dedicated efforts, Wesley Towers Corporation plays a crucial role in improving social well-being and promoting stability among older adults in the area.
This information is meant to be a general summary of Wesley Towers Corporation. 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: $37
- Gross Receipts: $37
Assets and Liabilities:
- Total Assets: $901,149
- Total Liabilities: $0
- Net Assets: $901,149
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Organization Details
Founding Year
1965
Principal Officer
Chris Connor
Main Address
444 MT PROSPECT AVE, Newark, NJ, 07104
NTEE Category
Code: L22 - Housing
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