Overview
What is Twin Towers?
Twin Towers is a Christian community-based nonprofit organization in Cincinnati, Ohio, dedicated to supporting older adults. They offer various living options, including nursing care beds, assisted living units, apartments, and patio homes, catering to individuals with varying levels of independence. The organization goes beyond providing housing, offering religious, social, educational, and wellness programs and services, as well as dining, maintenance, environmental services, and laundry. Their mission is to create an environment where seniors can live with meaning, purpose, and fulfillment, fostering relationships, and extending legacies. Twin Towers aims to exceed expectations in associate experiences, quality, safety, consistency, and resources, guided by values such as respect, innovation, spirituality, and excellence.
Official website here: www.lec.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.
Twin Towers demonstrates a solid performance in accountability and finance, highlighted by its 81% score. The organization benefits from a majority independent board, which enhances governance integrity, and it excels in financial oversight, with no material diversions of assets reported. Its strong program expense ratio, at nearly 85%, indicates a commitment to direct program funding rather than administrative costs.
The charity's policies regarding conflict of interest, whistleblower protections, and document retention are well documented, suggesting a commitment to transparency and ethical practices. The successful auditing and oversight also contribute to a positive assessment of the organization’s financial health and integrity.
Despite its strengths, the overall rating reflects room for improvement, particularly in areas that could boost the effectiveness of its programs or outreach. Future efforts to enhance these aspects could further solidify its standing and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Twin Towers legitimate?
Twin Towers is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin Towers 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: $173,605
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,490,097
For more financial information, click here
Official website here: www.lec.org
What is the mission statement of Twin Towers?
Twin Towers is dedicated to establishing a Christian community for older adults, enabling them to live in an extended family setting and fostering independence. Their mission is to create fulfilling lives for all those involved in senior living, offering meaning, enriching experiences, and thriving communities. Twin Towers provides exceptional everyday experiences through supportive and engaging associate experiences, exceeding expectations in quality and safety, consistently growing in service and value, and extending resources to expand impact. Their values encompass respect for all people, innovation in finding entrepreneurial solutions, spirituality in pursuing their purpose, and a relentless pursuit of excellence in every aspect.
Official website here: www.lec.org
Who is the CEO of Twin Towers?
Scott Mcquinn is the Ceo/President of Twin Towers. The CEO's salary of Twin Towers is $0 and their total compensation is $839,301.
Official website here: www.lec.org
What is the revenue of Twin Towers?
Twin Towers's revenue in 2022 was $29,149,009.
Official website here: www.lec.org
Who are the executives of Twin Towers and what are their salaries?
There 39 volunteers at Twin Towers.
Here are 16 key members and their salaries (Twin Towers's CEO's salary is $0 and their total compensation is $839,301):
- Compensation: $0
- Related: $570,987
- Other: $268,314
- Compensation: $0
- Related: $413,709
- Other: $200,853
- Compensation: $0
- Related: $91,869
- Other: $42,157
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $163,852
- Related: $0
- Other: $37,880
- Compensation: $141,279
- Related: $0
- Other: $28,635
- Compensation: $141,969
- Related: $0
- Other: $20,130
- Compensation: $134,381
- Related: $0
- Other: $22,020
- Compensation: $126,221
- Related: $0
- Other: $14,084
- Compensation: $115,484
- Related: $0
- Other: $15,577
Official website here: www.lec.org
Where can I find the form 990 for Twin Towers?
Twin Towers's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lec.org
Learn more at the official website: www.lec.org
Mission Statement of Twin Towers
Twin Towers, a Christian community, is dedicated to creating an environment where older adults can thrive and live with a sense of independence. Its mission is threefold: to provide accommodations that cater to the physical, spiritual, vocational, social, emotional, and intellectual needs of seniors; to support and empower older adults with fulfilling experiences and meaningful purpose; and to foster communities that encourage relationship-building and legacy-making.
Twin Towers strives for a future where everyone involved in senior living experiences a life filled with purpose, enriching opportunities, and supportive communities. In achieving this vision, the organization focuses on delivering exceptional everyday experiences through innovative initiatives, setting high standards for quality and safety, growing consistently in service and value, and producing expanded resources to extend its impact.
The values that guide Twin Towers are rooted in respect for the dignity of all people, innovation and entrepreneurial spirit, spiritual pursuits in line with Christian principles, and a commitment to excellence, striving for extraordinary results in every aspect of its work. As an extended family of multiple generations, Twin Towers fosters a culture of care and support, valuing the unique contributions of each individual.
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Impact
October, 2024
Twin Towers significantly impacts the community by fostering an inclusive and supportive environment for older adults. Its mission emphasizes creating a Christian-centered community where residents can thrive physically, spiritually, emotionally, and intellectually. By offering a range of accommodations—from assisted living and nursing care to independent living options—Twin Towers ensures that individuals have choices that best fit their needs and lifestyles.
The organization prioritizes holistic well-being through various wellness, social, and educational programs, enhancing the quality of life for residents. Regular dining services, housekeeping, and maintenance allow older adults to focus on their health and relationships rather than daily chores, promoting a sense of community and belonging.
Through its commitment to the principles of the United Methodist Church, Twin Towers instills values of respect, innovation, spirituality, and excellence in its operations. This dedication not only elevates the experiences of residents but also enriches the lives of staff and volunteers, creating a generational bond that strengthens communal ties.
Ultimately, Twin Towers aims to provide enriching opportunities that lead to a fulfilling life, fostering connections and legacy within the community, and ensuring that every resident experiences life with meaning and purpose. Its presence in Cincinnati serves as a vital resource for older adults, promoting independence and dignity while addressing their diverse needs.
This information is meant to be a general summary of Twin Towers. 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: -$110,562
- Program Service Revenue: $27,574,348
- Gross Receipts: $29,403,776
Assets and Liabilities:
- Total Assets: $66,345,026
- Total Liabilities: $75,746,079
- Net Assets: -$9,401,053
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$23,362,045
MEDICARE/MEDICAID
Revenue
$4,022,452
RESIDENT SERVICES
Revenue
$189,851
Organization Details
Founding Year
1899
Phone
(513) 853-2000Principal Officer
Scott Mcquinn
Main Address
5343 HAMILTON AVE, CINCINNATI, OH, 45224
Website
www.lec.orgNTEE Category
Code: P750 - Human services
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