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Destiny Towers Inc

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

EIN: 261483697 ✦ Kansas city, MO ✦ Designated as a 501(c)(3)

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Overview

What is Destiny Towers Inc?

Destiny Towers Inc, situated in Kansas City, Missouri, is a nonprofit organization dedicated to offering housing solutions. Specifically, they cater to the needs of very low-income elderly individuals and those with disabilities, adhering to the guidelines set by the Department of Housing and Urban Development (HUD). Their mission involves managing rental charges and operating methods in accordance with HUD regulations. This commitment to providing affordable housing for vulnerable populations contributes significantly to the community's social welfare.

Is Destiny Towers Inc legitimate?

Destiny Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Destiny 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: $97,581

For more financial information, click here

What is the mission statement of Destiny Towers Inc?

Destiny Towers Inc, as a mission, is dedicated to providing housing opportunities for individuals who fall under the categories of very low-income elderly persons and individuals with disabilities. This commitment is strictly regulated by the Department of Housing and Urban Development (HUD), determining both the rental charges and the operational methods. The organization strives to ensure that these individuals have access to suitable housing, adhering to the guidelines set forth by HUD.

Who is the CEO of Destiny Towers Inc?

Wiley Williams is the President of Destiny Towers Inc.

What is the revenue of Destiny Towers Inc?

Destiny Towers Inc's revenue in 2022 was $421,934.

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


Here are 5 key members and their salaries:


Wiley Williams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cecil Clayton (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joyce Moore-Stoval (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Hodges (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shanon Clifton (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Destiny Towers Inc?

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

Mission Statement of Destiny Towers Inc

Destiny Towers Inc, a dedicated nonprofit organization, is committed to providing housing solutions for two distinct groups of individuals. It caters to the needs of very low-income elderly persons and individuals with disabilities, ensuring they have access to suitable living arrangements. The organization's mission is subject to regulations established by the Department of Housing and Urban Development (HUD), which dictates the rental charges and operating methods to maintain affordability and accessibility for its residents. By providing affordable housing, Destiny Towers Inc aims to contribute positively to the lives of its residents, ensuring they can live with dignity and independence.

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Impact




October, 2024

Destiny Towers Inc significantly impacts the lives of very low-income elderly individuals and persons with disabilities in Kansas City, MO. By providing accessible housing, it addresses a critical need in the community, ensuring that vulnerable populations have a safe and stable place to live. The organization navigates regulations set by the Department of Housing and Urban Development (HUD) regarding rental charges and operational methods, ensuring compliance while optimizing support for its residents.

This initiative not only offers shelter but also fosters a sense of community and belonging among residents who may otherwise struggle to find appropriate housing. By prioritizing these marginalized groups, Destiny Towers Inc contributes to the overall well-being of the community, enhancing the quality of life for its residents through stability and support tailored to their unique needs.




This information is meant to be a general summary of Destiny 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
$421,934 (2022)
Expenses
$604,808 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25
  • Gross Receipts: $421,934

Assets and Liabilities:

  • Total Assets: $3,698,175
  • Total Liabilities: $5,087,107
  • Net Assets: -$1,388,932

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Organization Details

Founding Year

2010

Principal Officer

Wiley Williams

Main Address

4250 N Newton, KANSAS CITY, MO, 64117

NTEE Category

Code: P70 - Human services

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