Overview
What is Rlc Corporation?
Rlc Corporation, doing business as Lutheran Towers, is a nonprofit organization located at 727 Juniper Street NE, Atlanta, GA 30308. Since its establishment in 1972, its mission has been to provide an affordable, high-quality living space equipped with supportive services for low-income elderly individuals of various faiths and beliefs. Regulated by the U.S. Department of Housing and Urban Development, they operate a 205-unit apartment community in Midtown Atlanta, Georgia. Their core philosophy focuses on enabling residents to age gracefully, reducing feelings of loneliness, helplessness, and boredom through companionship, personal growth opportunities, recreational activities, and access to caring staff. Their services are person-centered, self-directed, and personalized, ensuring that each resident lives a fulfilling life.
What are the reviews and ratings of this charity?
Charity Navigator rating: 89%, Three-Star out of Four Star rating.
Lutheran Towers has demonstrated strong accountability and financial management, as reflected in its high Accountability & Finance score of 90%. The organization boasts a fully independent board and effectively adheres to best practices in financial oversight, evidenced by no material diversion of assets and a solid liabilities-to-assets ratio. These metrics indicate a well-managed nonprofit that prioritizes transparency and sound fiscal practices.
User feedback highlights the impactful services provided by Lutheran Towers, particularly its innovative health and wellness programs and recreational offerings that enhance the quality of life for its residents. A notable initiative is the creation of a "No Charge" grocery store aimed at alleviating food insecurity within its community, showcasing the organization's commitment to addressing critical needs for its more than 200 residents. The organization also values its employees, offering competitive compensation and professional development opportunities.
While the Culture & Community score is lower at 75%, indicating some room for improvement in community engagement, the overall strengths in accountability and impactful programming suggest that Lutheran Towers is effectively fulfilling its mission and serving its community well.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Rlc Corporation legitimate?
Rlc Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rlc 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: $856,677
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What is the mission statement of Rlc Corporation?
Rlc Corporation Dba Lutheran Towers has been dedicated since 1972 to providing an affordable, high-quality living space with person-centered supportive services for low-income elders of various faiths and beliefs. Their mission involves operating a 205-unit apartment community regulated by the U.S. Department of Housing and Urban Development under Section 223(F) of the National Housing Act. The organization aims to create an environment where seniors can age comfortably and happily, alleviating feelings of loneliness, helplessness, and boredom. They achieve this by fostering loving companionship with family, friends, and pets; offering opportunities for personal growth, learning, and giving; organizing meaningful activities; promoting intergenerational interactions; providing self-directed, personalized care and support; and ensuring access to credible and caring staff.
What is the revenue of Rlc Corporation?
Rlc Corporation's revenue in 2023 was $3,503,784.
Who are the executives of Rlc Corporation and what are their salaries?
The average compensation at Rlc Corporation during 2023 was $50,393. There are 17 employees at Rlc Corporation.
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- Compensation: $100,367
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- Other: $14,633
Where can I find the form 990 for Rlc Corporation?
Rlc Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Rlc Corporation
Rlc Corporation Dba Lutheran Towers, a nonprofit organization, has been dedicated since 1972 to fulfilling its critical mission. This mission involves providing an affordable, high-quality home equipped with person-centered supportive services. The aim is to empower its residents, primarily low-income elderly individuals of various faiths and beliefs, to thrive. The organization operates a 205-unit apartment community, regulated by the U.S. Department of Housing and Urban Development under Section 223(F) of the National Housing Act.
At the core of Lutheran Towers' operations is the desire to create an environment where residents can age comfortably and happily in place. This philosophy is reflected in the range of services and activities offered. Residents are supported in alleviating feelings of loneliness, helplessness, and boredom. This is achieved through encouraging loving companionship with family, friends, and pets; providing opportunities for growth, learning, and giving; offering meaningful activities; facilitating intergenerational activities; and ensuring access to credible and caring staff. The organization's person-centered approach ensures that each resident's needs are met through self-directed, personalized care and support.
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Impact
October, 2024
Rlc Corporation has made a significant impact on the lives of low-income elderly residents in Atlanta, Georgia, since its inception in 1972. Through the operation of a 205-unit apartment community, it has provided affordable, quality housing while ensuring that residents receive personalized, person-centered supportive services. This approach empowers individuals to thrive in their later years.
At the heart of Rlc Corporation's mission is the commitment to fostering an environment where residents can age in place successfully and happily. By alleviating feelings of loneliness, helplessness, and boredom, the organization enhances the quality of life for its residents. It promotes meaningful engagement through recreational activities, intergenerational programs, and opportunities for personal growth and community involvement.
Moreover, the presence of credentialed and caring staff ensures that residents receive the tailored support they need. Rlc Corporation maintains a nurturing atmosphere that encourages companionship, purposeful living, and a sense of belonging among its residents, regardless of their faith or beliefs. This holistic approach not only addresses the immediate housing needs but also creates a thriving community that values each individual's dignity and potential.
This information is meant to be a general summary of Rlc 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 2023.
- Investment Income: $30,899
- Program Service Revenue: $3,352,510
- Gross Receipts: $3,503,784
Assets and Liabilities:
- Total Assets: $7,338,867
- Total Liabilities: $1,542,685
- Net Assets: $5,796,182
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING ASSISTANCE PAY
Revenue
$2,276,960
TENANT RENT PAYMENTS
Revenue
$1,075,550
Organization Details
Founding Year
1969
Principal Officer
Karon Winston
NTEE Category
Code: L22 - Housing
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