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Christian Towers Of Gallatin Inc

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

EIN: 620997926 ✦ Gallatin, TN ✦ Designated as a 501(c)(3)

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Overview

What is Christian Towers Of Gallatin Inc?

Christian Towers of Gallatin Inc is a nonprofit organization, situated in an unspecified location, dedicated to offering affordable and low-cost housing solutions for senior citizens. Their mission is to support the aging process of these individuals by providing quality living spaces combined with specialized programs aimed at fostering support, stability, and social interaction. The organization's primary objective is to cater to the housing needs of low-income elderly residents, ensuring they live in a secure and comfortable environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

Christian Towers of Gallatin Inc. demonstrates a solid commitment to accountability and financial management, achieving a program expense ratio of 95.55%, indicating that a significant portion of its funding directly supports its programs. The organization boasts a fully independent board, contributing to its governance strength. Additionally, there have been no material diversions of assets, showing financial integrity and adherence to proper stewardship.

Despite these strengths, the overall rating of "Needs Improvement" suggests that there may be areas where the organization could enhance its effectiveness or transparency. While the financial ratios are commendable, the two-star rating implies that further improvements are necessary to elevate its standing. The organization has established a conflict of interest policy and documents board meeting minutes, but ongoing evaluation of its operations may be beneficial.

In summary, while Christian Towers of Gallatin Inc. has a commendable focus on program spending and maintains a robust governance structure, there is room for improvement in other operational aspects to enhance its overall effectiveness and rating within the charitable sector.


This AI summary has been generated from information found on Charity Navigator.

Is Christian Towers Of Gallatin Inc legitimate?

Christian Towers Of Gallatin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Christian Towers Of Gallatin 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: $177,493

For more financial information, click here

What is the mission statement of Christian Towers Of Gallatin Inc?

Christian Towers of Gallatin Inc's mission is centered around providing affordable housing for the elderly. The corporation operates with a focus on offering non-profit residences and congregate care facilities, along with related services. Their goal is to enhance the aging experience for low-income elderly individuals by providing high-quality, cost-effective housing. They also offer specialized programs aimed at offering support, stability, and opportunities for social interaction. In essence, the mission of Christian Towers of Gallatin Inc is to facilitate a more enjoyable and secure lifestyle for the elderly by addressing their housing needs in a budget-friendly manner.

Who is the CEO of Christian Towers Of Gallatin Inc?

Katlyn Clifton is the Executive Director of Christian Towers Of Gallatin Inc.

What is the revenue of Christian Towers Of Gallatin Inc?

Christian Towers Of Gallatin Inc's revenue in 2022 was $1,038,538.

Who are the executives of Christian Towers Of Gallatin Inc and what are their salaries?

The average compensation at Christian Towers Of Gallatin Inc during 2022 was $17,749. There are 10 employees at Christian Towers Of Gallatin Inc.


Here are 8 key members and their salaries:


Mike Clinard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Deere (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice Haynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabelle Garibaldi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
V K Rutledge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Mayberry (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Damon Hobbs (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katlyn Clifton (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Christian Towers Of Gallatin Inc?

Christian Towers Of Gallatin Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Christian Towers Of Gallatin Inc

Christian Towers of Gallatin Inc, a non-profit organization, is dedicated to providing affordable and low-cost housing for the elderly. Their mission is to offer a more successful journey of aging for this demographic, combining quality, budget-friendly housing with specialized programs that promote support, stability, and sociability. By doing so, the corporation aims to provide a home for low-income elderly residents, enhancing their quality of life during their golden years.

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Impact




July, 2024

Christian Towers Of Gallatin Inc's impact lies in its mission to provide low-cost housing for elderly residents in Gallatin, TN. By offering affordable housing and specialized programs, the organization supports the well-being, stability, and sociability of low-income elderly individuals. Through its dedicated services, Christian Towers Of Gallatin Inc enhances the quality of life for seniors and assists them in navigating the challenges of aging with care and compassion.




This information is meant to be a general summary of Christian Towers Of Gallatin 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
$1,038,538 (2022)
Expenses
$1,036,548 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $568
  • Program Service Revenue: $1,037,970
  • Gross Receipts: $1,038,538

Assets and Liabilities:

  • Total Assets: $1,874,518
  • Total Liabilities: $59,448
  • Net Assets: $1,815,070

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL OF APARTMENTS

Revenue

$987,297

WIFI AND CABLE

Revenue

$50,673

Organization Details

Founding Year

1974

Principal Officer

Katlyn Clifton

Main Address

138 E FRANKLIN STREET, GALLATIN, TN, 37066

NTEE Category

Code: P75Z - Human services

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