Overview
What is Friendship Tower Inc?
Friendship Tower Inc is a nonprofit organization situated in Atlanta, Georgia, with a focus on providing housing for senior citizens and individuals with disabilities. In collaboration with the U.S. Department of Housing and Urban Development, the organization operates under the Section 202 Program described in the U.S. National Housing Act. Their mission is to ensure that residents live in safe, decent, and affordable housing, contributing to their overall well-being. With a small team of four employees, Friendship Tower Inc is dedicated to providing a supportive living environment for its residents.
Is Friendship Tower Inc legitimate?
Friendship Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship 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:
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What is the mission statement of Friendship Tower Inc?
Friendship Tower Inc, a church-sponsored organization, in collaboration with the U.S. Department of Housing and Urban Development, is dedicated to providing safe, decent, and affordable housing for seniors and individuals with disabilities. Their mission, as established, is to manage a multifamily housing complex under the Department of Housing and Urban Development Section 202 Program, as described in the U.S. National Housing Act. The organization's operational revenue and expenses are associated with the rental activities of this housing complex, aiming to provide a living space that meets the needs of its inhabitants.
Who is the CEO of Friendship Tower Inc?
Agai Jones is the Board Chair of Friendship Tower Inc.
What is the revenue of Friendship Tower Inc?
Friendship Tower Inc's revenue in 2023 was -$25,206.
Who are the executives of Friendship Tower Inc and what are their salaries?
There are 4 employees at Friendship Tower Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Friendship Tower Inc?
Friendship Tower Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friendship Tower Inc
Friendship Tower Inc, a church-sponsored entity, is dedicated to fulfilling a mission established in collaboration with the U.S. Department of Housing and Urban Development. This mission is centered around providing safe, decent, and affordable housing for seniors and individuals with disabilities. The organization's primary focus is on ensuring that the living conditions meet the essential standards set by the U.S. National Housing Act, specifically under the Department of Housing and Urban Development Section 202 Program. The day-to-day operations and financial activities of Friendship Tower Inc revolve around the rental activities of its multifamily housing complex, which falls under the scope of this program.
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Impact
October, 2024
Friendship Tower Inc significantly enhances the quality of life for seniors and handicapped individuals in Atlanta, GA, by providing safe, decent, and affordable housing options. This initiative is designed in partnership with the U.S. Department of Housing and Urban Development, ensuring compliance with federal standards that prioritize the well-being of vulnerable populations.
By operating under the HUD Section 202 program, Friendship Tower Inc addresses critical housing needs, enabling residents to access comfortable living environments that foster community and independence. The multifamily housing complex serves as a vital resource, relieving financial burdens for seniors and those with disabilities while promoting social inclusivity and support among its residents.
Furthermore, Friendship Tower Inc's mission demonstrates a commitment to enhancing the living conditions of individuals who often face housing challenges. By focusing on safety and decency in housing, the organization plays a crucial role in improving the overall well-being of its community members, contributing positively to the fabric of urban life in Atlanta.
This information is meant to be a general summary of Friendship 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 2023.
- Investment Income: $11
- Gross Receipts: $1,302,473
Assets and Liabilities:
- Total Assets: $465,419
- Total Liabilities: $2,754,098
- Net Assets: -$2,288,679
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Organization Details
Founding Year
1970
Phone
(404) 525-7666Principal Officer
Agai Jones
Main Address
35 NORTHSIDE DR SW, ATLANTA, GA, 30313
NTEE Category
Code: L21 - Housing
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