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Mission Towers Inc

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

EIN: 237138152 ✦ Haverhill, MA ✦ Designated as a 501(c)(3)

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Overview

What is Mission Towers Inc?

Mission Towers Inc, a nonprofit organization situated in Haverhill, Massachusetts, is committed to serving the elderly community. They have established 117 affordable housing units, providing a secure living environment for seniors. Beyond housing, Mission Towers Inc offers essential services such as meals and congregate programs, fostering a sense of community and engagement among its elderly tenants. With a team of 22 dedicated employees, the organization is dedicated to enhancing the lives of the elderly by offering affordable housing and supportive services.


Official website here: www.bethanycommunities.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92%, Four-Star out of Four Star rating

Mission Towers Inc has achieved an impressive 92% score from Charity Navigator, demonstrating a strong commitment to accountability and finance. This score is primarily based on their accountability and finance beacon, which indicates effective governance and transparency within the organization. The charity has a fully independent board, showcasing their dedication to unbiased decision-making processes.

The organization excels in various metrics, including a perfect score in areas such as their audit and oversight committee and the absence of any material diversion of assets. Their financial management practices indicate a high percentage of program expenses, meaning that a significant portion of their funding is directed towards fulfilling their mission rather than administrative costs.

However, while Mission Towers Inc shows strong accountability and financial health, it is essential for potential donors to consider ongoing evaluations of their program impact and effectiveness. Continuous monitoring of program outcomes will provide a more comprehensive view of the charity's overall performance and contribution to its mission.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Mission Towers Inc?

While Mission Towers Inc currently has no official ratings on Facebook, one review stands out. A grateful employee expressed their pride in being part of Bethany Community Services Inc, highlighting the positive impact of their work on both staff and residents. The atmosphere was described as familial, suggesting a supportive community within the organization.

The reviewer clearly appreciates the dedication of the nonprofit and the benefits its services provide. Overall, it seems the organization cultivates a sense of gratitude and connection among its members, indicating a positive work environment and mission.


This AI summary has been generated from reviews found on Facebook.

Is Mission Towers Inc legitimate?

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

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $394,903

For more financial information, click here


Official website here: www.bethanycommunities.org

What is the mission statement of Mission Towers Inc?

Mission Towers Inc is committed to providing affordable housing, meals, and congregate services for the elderly. This organization strives to cater to the needs of the elderly population, offering them a supportive living environment. They have successfully provided 117 units of affordable housing and support services for elderly tenants, demonstrating their dedication to this cause. The mission of Mission Towers Inc is centered around enhancing the quality of life for the elderly, ensuring they have access to essential services and a comfortable living space.


Official website here: www.bethanycommunities.org

Who is the CEO of Mission Towers Inc?

Jered F Stewart is the Chair of Mission Towers Inc. The CEO's salary of Mission Towers Inc is $0 and their total compensation is $290,051.


Official website here: www.bethanycommunities.org

What is the revenue of Mission Towers Inc?

Mission Towers Inc's revenue in 2022 was $1,430,934.


Official website here: www.bethanycommunities.org

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

The average compensation at Mission Towers Inc during 2022 was $17,950. There are 22 employees at Mission Towers Inc.


Here are 13 key members and their salaries (Mission Towers Inc's CEO's salary is $0 and their total compensation is $290,051):


James Taver (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Debaun (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Defranco (Clerk)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Corcoran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Farmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Magliocchetti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Shikrallah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Faulkner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Vozeolas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jered F Stewart (President And Ceo)
  • Compensation: $0
  • Related: $250,853
  • Other: $39,198
James Lynch (Cfo)
  • Compensation: $30,472
  • Related: $121,888
  • Other: $38,400
Luke Malbon (Superintendent)
  • Compensation: $0
  • Related: $110,813
  • Other: $24,389


Official website here: www.bethanycommunities.org

Where can I find the form 990 for Mission Towers Inc?

Mission Towers Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bethanycommunities.org

Learn more at the official website: www.bethanycommunities.org

Mission Statement of Mission Towers Inc

Mission Towers Inc, a nonprofit organization, is dedicated to providing essential services for the elderly. Their primary mission is to offer affordable housing, meals, and congregate services, aiming to enhance the quality of life for this demographic. The organization has successfully provided 117 units of affordable housing and support services specifically tailored for elderly tenants. By offering these crucial resources, Mission Towers Inc strives to create a secure and nurturing environment where the elderly can thrive.

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Impact




October, 2024

Mission Towers Inc has made a significant impact by providing essential support for the elderly population in Haverhill, MA. By offering 117 units of affordable housing, the organization ensures that senior citizens have access to safe and accessible living arrangements. In addition to housing, Mission Towers Inc also provides meals and congregate services, fostering a sense of community and connection among residents. This holistic approach not only addresses the immediate needs of elderly tenants but also enhances their overall quality of life, making a vital contribution to the wellbeing of the community.




This information is meant to be a general summary of Mission 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.

Revenue
$1,430,934 (2022)
Expenses
$1,610,305 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $727
  • Program Service Revenue: $1,430,207
  • Gross Receipts: $1,430,934

Assets and Liabilities:

  • Total Assets: $7,129,351
  • Total Liabilities: $3,909,845
  • Net Assets: $3,219,506

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Programs

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

RESIDENTIAL RENT

Revenue

$1,372,807

COMMERCIAL RENT

Revenue

$55,021

TENANT CHARGES

Revenue

$2,379

Organization Details

Founding Year

1971

Principal Officer

Jered F Stewart

Main Address

10 PHOENIX ROW, HAVERHILL, MA, 018325734

NTEE Category

Code: L20Z - Housing

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