Overview
What is Bell Tower Inc?
Bell Tower Inc is a nonprofit organization, headquartered unspecified, dedicated to offering affordable housing solutions. Specifically, they focus on providing low-income housing for residents of group homes catering to individuals with mental illnesses. Their mission is multifaceted, aiming to secure suitable accommodations for those in need and ensuring the affordability of these homes. While details about additional programs or services they may offer are not mentioned, it is clear that their primary concern lies in housing for the mentally ill community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
Bell Tower Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With a commendable score of 94% in accountability and finance, the organization demonstrates a commitment to transparency and responsible management of its resources. This rating signifies that Bell Tower Inc effectively utilizes its funds, ensuring that a significant portion is allocated directly to its programs.
The organization boasts a fully independent board of directors, which is a critical factor in maintaining objectivity and integrity in governance. All 12 board members are independent, and the organization has established robust policies for conflict of interest, whistleblower protections, and document retention. These practices indicate a well-structured governance framework that prioritizes ethical management and oversight.
While the organization displays excellent financial ratios, with a program expense ratio of over 89%, indicating that a majority of its funds are directed towards its mission, ongoing monitoring and evaluation will be essential to maintain these standards. Overall, Bell Tower Inc's financial health and governance practices position it as a reputable nonprofit in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Bell Tower Inc legitimate?
Bell Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bell Tower 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: $0
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What is the mission statement of Bell Tower Inc?
Bell Tower Inc's mission is centered around providing affordable housing solutions, particularly for group homes housing individuals with mental illness. The organization works diligently to ensure that low-income individuals have access to suitable housing, thus improving their quality of life. By offering programs tailored to this demographic, Bell Tower Inc aims to make a meaningful difference in the lives of those it serves.
Who is the CEO of Bell Tower Inc?
Judith K Sikora is the Chairman of Bell Tower Inc. The CEO's salary of Bell Tower Inc is $0 and their total compensation is $322,463.
What is the revenue of Bell Tower Inc?
Bell Tower Inc's revenue in 2022 was $115,304.
Who are the executives of Bell Tower Inc and what are their salaries?
There 13 volunteers at Bell Tower Inc.
Here are 16 key members and their salaries (Bell Tower Inc's CEO's salary is $0 and their total compensation is $322,463):
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- Related: $204,941
- Other: $39,555
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- Related: $265,323
- Other: $57,140
Where can I find the form 990 for Bell Tower Inc?
Bell Tower Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bell Tower Inc
Bell Tower Inc, a nonprofit organization, is dedicated to providing low-income housing solutions. Specifically, they focus on offering affordable housing to residents of group homes for the mentally ill. By doing so, Bell Tower aims to make a significant difference in the lives of those who require such accommodations, ensuring they have a safe and comfortable place to call home. Through their programs, they strive to improve the living conditions of these individuals, providing them with the stability and support they need to lead fulfilling lives.
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Impact
June, 2024
Bell Tower Inc's impact lies in its provision of low-income housing and programs aimed at offering affordable housing to residents of group homes for the mentally ill. This serves to address a critical need for this vulnerable population, enhancing their quality of life and overall well-being. By focusing on addressing housing insecurity among individuals with mental health challenges, Bell Tower Inc plays a vital role in promoting stability and support for those in need within the community.
This information is meant to be a general summary of Bell Tower 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3
- Program Service Revenue: $46,646
- Gross Receipts: $115,304
Assets and Liabilities:
- Total Assets: $1,424,307
- Total Liabilities: $202,671
- Net Assets: $1,221,636
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$46,646
Organization Details
Founding Year
2005
Phone
(219) 757-1921Principal Officer
Judith K Sikora
Main Address
8400 LOUISIANA ST, MERRILLVILLE, IN, 464106385
NTEE Category
Code: F33 - Mental health
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