Sharon Towers Foundation

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

EIN: 863815687 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Sharon Towers Foundation?

The Sharon Towers Foundation is a supporting organization, established to aid the Presbyterian Home at Charlotte, Inc., more commonly known as Sharon Towers. Its primary mission is to advance the financial assistance and fundraising objectives of Sharon Towers. The foundation's provision of goods, services, or funds is solely dedicated to Sharon Towers and its residents, ensuring the well-being and support of this community.


Official website here: www.sharontowers.org

Is Sharon Towers Foundation legitimate?

Sharon Towers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sharon Towers Foundation 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: $84,286

For more financial information, click here


Official website here: www.sharontowers.org

What is the mission statement of Sharon Towers Foundation?

The Sharon Towers Foundation is established with the primary objective of supporting the Presbyterian Home at Charlotte, Inc., commonly known as Sharon Towers. Its mission is to further the financial assistance and fundraising goals of Sharon Towers, thereby benefiting its residents. The foundation's activities are limited to providing goods, services, or funds exclusively to Sharon Towers and its inhabitants. The Sharon Towers Foundation serves as a supporting organization, aiding in the mission of Sharon Towers.


Official website here: www.sharontowers.org

Who is the CEO of Sharon Towers Foundation?

Angela Rigsbee is the Chair of Sharon Towers Foundation. The CEO's salary of Sharon Towers Foundation is $0 and their total compensation is $267,602.


Official website here: www.sharontowers.org

What is the revenue of Sharon Towers Foundation?

Sharon Towers Foundation's revenue in 2022 was $1,030,310.


Official website here: www.sharontowers.org

Who are the executives of Sharon Towers Foundation and what are their salaries?

There 4 volunteers at Sharon Towers Foundation.


Here are 6 key members and their salaries (Sharon Towers Foundation's CEO's salary is $0 and their total compensation is $267,602):


Ned Mcconnell (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vincent Pratt (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Graves (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Richards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Rigsbee (President & Ceo)
  • Compensation: $0
  • Related: $237,861
  • Other: $29,741
Charles Gaskins (Cfo)
  • Compensation: $0
  • Related: $203,448
  • Other: $36,098


Official website here: www.sharontowers.org

Where can I find the form 990 for Sharon Towers Foundation?

Sharon Towers Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sharontowers.org

Learn more at the official website: www.sharontowers.org

Mission Statement of Sharon Towers Foundation

The Sharon Towers Foundation exists primarily to support the Presbyterian Home at Charlotte, Inc., commonly known as Sharon Towers, and its residents. Established as a supporting organization, its mission is to augment the financial assistance and fundraising goals of Sharon Towers. The Foundation's primary role is to contribute to the welfare of Sharon Towers and its residents, ensuring their well-being and needs are met.

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Impact




October, 2024

Sharon Towers Foundation significantly enhances the quality of life for residents at Sharon Towers in Charlotte, NC, by providing essential goods, services, and financial assistance. By focusing on supporting the mission of the Presbyterian Home at Charlotte, Inc., the foundation plays a vital role in fundraising efforts that ensure residents have access to necessary resources and services. This commitment directly contributes to a supportive and enriching living environment, promoting the well-being and overall happiness of the residents. With its targeted initiatives, the foundation creates a positive impact, ensuring that the needs of the community are met and that individuals can thrive within their home.




This information is meant to be a general summary of Sharon Towers Foundation. 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
$1,030,310 (2022)
Expenses
$102,500 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,310
  • Gross Receipts: $1,030,310

Assets and Liabilities:

  • Total Assets: $2,030,311
  • Total Liabilities: $107,391
  • Net Assets: $1,922,920

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Organization Details

Founding Year

2021

Principal Officer

Angela Rigsbee

Main Address

5100 SHARON ROAD, CHARLOTTE, NC, 28210

NTEE Category

Code: L11 - Housing

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