Overview
What is Tower City Development Corporation?
Tower City Development Corporation is a nonprofit organization situated in Casselton, North Dakota. Their primary mission is to serve the community by providing affordable housing, specifically offering 16 two-bedroom units that are eligible for subsidized low rent. The organization is dedicated to this cause, maintaining and operating the housing facility to ensure that it remains an accessible option for individuals seeking affordable living solutions.
Is Tower City Development Corporation legitimate?
Tower City Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Tower City Development 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.
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What is the mission statement of Tower City Development Corporation?
Tower City Development Corporation's mission is centered around providing community housing solutions. Specifically, the organization operates and maintains a facility offering 16 two-bedroom units that qualify for subsidized low rent. This initiative aims to address the need for affordable housing within the community. The corporation's activities primarily revolve around managing and maintaining this housing facility to cater to those who require subsidized living options.
Who is the CEO of Tower City Development Corporation?
Julie Nelson-Wanzek is the President of Tower City Development Corporation.
What is the revenue of Tower City Development Corporation?
Tower City Development Corporation's revenue in 2022 was $87,338.
Who are the executives of Tower City Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Tower City Development Corporation?
Tower City Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tower City Development Corporation
Tower City Development Corporation, a nonprofit organization, is dedicated to providing community-focused, affordable housing solutions. Specifically, it operates and maintains a housing facility that comprises 16 two-bedroom units. This facility is designed to cater to individuals and families who require subsidized low-rent housing. The organization's mission is deeply rooted in the belief that everyone deserves a secure and affordable place to call home, and it strives to make this a reality through its programs and initiatives. By offering these subsidized units, Tower City Development Corporation is making a significant contribution to its community, ensuring that a diverse range of individuals can access decent housing, thereby promoting a stronger, more inclusive community.
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Impact
October, 2024
Tower City Development Corporation significantly impacts the community of Casselton, ND, by providing essential low-rent housing options. Through its operation of a housing facility that offers 16 two-bedroom units, the organization addresses the critical need for affordable living spaces. This initiative not only helps to alleviate housing insecurity but also supports families and individuals seeking stable and affordable homes. By qualifying for subsidized low rent, Tower City Development Corporation enhances the quality of life for residents, fostering a more inclusive and supportive community environment.
This information is meant to be a general summary of Tower City Development 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.
- Program Service Revenue: $87,338
- Gross Receipts: $87,338
Assets and Liabilities:
- Total Assets: $175,709
- Total Liabilities: $314,769
- Net Assets: -$139,060
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$87,338
Organization Details
Phone
(701) 240-8968Principal Officer
Julie Nelson-Wanzek
Main Address
PO BOX 946, CASSELTON, ND, 58012
NTEE Category
Code: L80 - Housing
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