Overview
What is Mayfair Towers Corporation?
Mayfair Towers Corporation was a nonprofit organization that dedicated its efforts to providing affordable housing options for the elderly. Although its current status is unknown, the organization's main mission was to offer low-cost residential accommodations, aiming to contribute positively to the elderly community's well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Mayfair Towers Corporation has received a rating of 73%, indicating a moderate level of accountability and financial health. The organization demonstrates strong governance with a fully independent board and no material diversion of assets. It has a perfect score in program expense ratio, indicating that all of its expenses are directed toward its programs.
However, the organization faces significant limitations in terms of transparency and policy implementation. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, which collectively resulted in zero points in those categories. Furthermore, the absence of the tax form on the nonprofit's website raises concerns about its commitment to financial transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Mayfair Towers Corporation legitimate?
Mayfair Towers Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mayfair Towers 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Mayfair Towers Corporation?
The Mayfair Towers Corporation, in its active phase, had a mission to provide affordable housing for the elderly. Unfortunately, this nonprofit organization is no longer operational. During its operation, its primary goal was to provide a living space for the elderly at a lower cost, ensuring they had a decent place to call home. However, due to its termination, the organization is no longer able to fulfill this mission.
Who is the CEO of Mayfair Towers Corporation?
Philip Bentley Jr is the Principal Officer of Mayfair Towers Corporation.
What is the revenue of Mayfair Towers Corporation?
Mayfair Towers Corporation's revenue in 2021 was $4,440.
Who are the executives of Mayfair Towers Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mayfair Towers Corporation?
Mayfair Towers Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Mayfair Towers Corporation
Mayfair Towers Corporation, in its mission, aimed to provide affordable housing for the elderly. This nonprofit organization was dedicated to serving this specific demographic, offering them a place to reside at a lower cost. Regrettably, this organization is no longer active or in operation.
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Impact
October, 2024
Mayfair Towers Corporation played a significant role in providing low-cost housing for the elderly in Huntsville, Alabama. By focusing on affordable housing solutions, the organization aimed to support elderly residents in maintaining their independence and enhancing their quality of life. The initiatives likely helped to alleviate housing insecurity among older adults, allowing them to reside in a community that fosters safety and accessibility. Although the organization is no longer active, its mission addressed a critical need for affordable living options for the aging population, contributing positively to the local community during its operational years.
This information is meant to be a general summary of Mayfair Towers 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 2021.
- Investment Income: $4,440
- Gross Receipts: $4,440
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1981
Phone
(256) 533-1988Principal Officer
Philip Bentley Jr
Main Address
4700 WHITESBURG DRIVE, HUNTSVILLE, AL, 35802
NTEE Category
Code: Z99Z - Unknown
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