Foundation Of St Mark Towers Inc

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

EIN: 581555456 ✦ Brunswick, GA ✦ Designated as a 501(c)(3)

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Overview

What is Foundation Of St Mark Towers Inc?

The Foundation of St. Mark Towers Inc. is a nonprofit organization dedicated to supporting St. Mark's Towers, a 150-unit apartment complex catering to low-income elderly residents. Their mission includes providing financial aid, ensuring the upkeep and maintenance of both living and recreational facilities, and offering educational services. Additionally, they manage another 150-apartment complex for the same demographic. The foundation's primary objective is to enhance the quality of life for these residents.

Is Foundation Of St Mark Towers Inc legitimate?

Foundation Of St Mark Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation Of St Mark Towers Inc submitted a form 990EZ, 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.

What is the mission statement of Foundation Of St Mark Towers Inc?

The Foundation of St. Mark Towers Inc. is committed to supporting St. Mark's Towers, an apartment complex, and its low-income elderly residents. Their mission involves providing financial assistance, maintaining living and recreational facilities, and procuring necessary equipment. Additionally, they offer educational services to enhance the quality of life for these residents. St. Mark's Towers, under the foundation's management, operates a 150-unit complex, providing affordable housing for the elderly. The foundation's activities also extend to managing another 150-unit apartment complex, serving the same population.

Who is the CEO of Foundation Of St Mark Towers Inc?

Peter Schmidt is the President of Foundation Of St Mark Towers Inc.

What is the revenue of Foundation Of St Mark Towers Inc?

Foundation Of St Mark Towers Inc's revenue in 2022 was $32,544.

Who are the executives of Foundation Of St Mark Towers Inc and what are their salaries?


Here are 10 key members and their salaries:


Peter Schmidt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Turner (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Akridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Whitney Mcconnell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Trowbridge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Burr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Faulkenberry (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Mckinnon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Dembowczyk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Foundation Of St Mark Towers Inc?

Foundation Of St Mark Towers Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Foundation Of St Mark Towers Inc

The Foundation of St. Mark Towers Inc. is committed to supporting St. Mark's Towers, Inc. and its low-income elderly residents. This nonprofit organization undertakes various initiatives to achieve its mission. It provides financial assistance to the residents, ensuring their financial stability. Furthermore, the Foundation is responsible for the purchase and maintenance of living and recreational facilities and equipment within the apartment complex. This includes ensuring the complex remains in good condition and providing necessary amenities for the residents' comfort and well-being.

Beyond these practical support services, the Foundation also invests in the education of its residents. It operates an apartment complex serving low-income elderly individuals, providing them with a safe and secure living environment. By offering educational services, the Foundation empowers its residents, enabling them to lead more fulfilling lives. This holistic approach to support, which encompasses financial assistance, facility maintenance, and educational opportunities, reflects the Foundation of St. Mark Towers Inc.'s dedication to improving the lives of its elderly residents.

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Impact




August, 2024

Foundation Of St Mark Towers Inc's impact is substantial in supporting St. Mark's Towers, Inc. and its residents, particularly low-income elderly individuals in Brunswick, GA. The organization provides financial assistance, maintains living and recreational facilities, purchases necessary equipment, and offers educational services to enhance the quality of life for its residents. By owning and operating a 150-unit apartment complex dedicated to serving this vulnerable population, Foundation Of St Mark Towers Inc plays a crucial role in addressing the housing needs and improving the well-being of low-income elderly individuals in the community.




This information is meant to be a general summary of Foundation Of St Mark 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
$32,544 (2022)
Expenses
$187,907 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,351
  • Gross Receipts: $40,178

Assets and Liabilities:

  • Total Assets: $102,825
  • Total Liabilities: $9,298
  • Net Assets: $93,527

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Organization Details

Principal Officer

Peter Schmidt

Main Address

1 TOWERS PLAZA, BRUNSWICK, GA, 31521

NTEE Category

Code: L22 - Housing

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