Overview
What is Eastmont Towers Foundation?
The Eastmont Towers Foundation is a 501(c)3 nonprofit organization, established with a mission to collect funds for Eastmont Living, a Christian retirement home situated in Lincoln, Nebraska (6315 O Street, Lincoln, NE 68510). The primary objective of the foundation is to support various programs that enhance the quality of life for its residents. These programs include Benevolent Life Care, which provides assistance for residents who have depleted their financial resources. Additionally, Benevolent Hospice Care is offered to community members at The Monarch, a hospice care facility within Eastmont. Operational grants are provided for specific improvements that positively impact Eastmont residents' lives. Lastly, Eastmont Cares supports Eastmont employees through tuition reimbursement and emergency assistance, reflecting their commitment to staff members. In summary, the Eastmont Towers Foundation enables Eastmont Living to fulfill its mission by raising funds for essential programs and initiatives.
Official website here: www.eastmonttowers.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Eastmont Towers Foundation has received a Three-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The foundation scored 86% primarily due to its effective governance structure, with 100% of board members being independent, which reflects a commitment to transparency and ethical practices. The organization has established comprehensive policies, including conflict of interest and whistleblower protections, further reinforcing its accountability.
While the foundation demonstrates strong financial oversight, it has room for improvement in program expenses, with 61.60% allocated to program services. This suggests that a portion of the funds may be directed towards administrative costs rather than direct support for programs. However, the low liabilities to assets ratio of 0.02% is a positive indicator of financial stability, suggesting that the organization is managing its resources effectively.
Overall, the Eastmont Towers Foundation exhibits strong governance and fiscal responsibility, though enhancing the percentage of spending on program services could further bolster its impact in the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Eastmont Towers Foundation legitimate?
Eastmont Towers Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastmont 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: $72,697
For more financial information, click here
Official website here: www.eastmonttowers.com
What is the mission statement of Eastmont Towers Foundation?
The Eastmont Towers Foundation's mission is centered around raising funds for the support of Christian retirement homes. Specifically, it aims to provide philanthropic assistance for the needs of the Eastmont Towers community and the benevolent programs undertaken by its residents and staff. This includes offering benevolent life care for residents who have exhausted their financial resources, benevolent hospice care for community members, providing operational grants for improvements enhancing the quality of life for Eastmont residents, and supporting Eastmont employees through tuition reimbursement and emergency assistance. In essence, the Foundation's mission is to ensure the well-being of individuals residing in these retirement homes and the staff who serve them.
Official website here: www.eastmonttowers.com
Who is the CEO of Eastmont Towers Foundation?
Andrew Fisher is the Principal Officer of Eastmont Towers Foundation.
Official website here: www.eastmonttowers.com
What is the revenue of Eastmont Towers Foundation?
Eastmont Towers Foundation's revenue in 2022 was $655,053.
Official website here: www.eastmonttowers.com
Who are the executives of Eastmont Towers Foundation and what are their salaries?
There 45 volunteers at Eastmont Towers Foundation.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $174,194
- Other: $14,438
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.eastmonttowers.com
Where can I find the form 990 for Eastmont Towers Foundation?
Eastmont Towers Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.eastmonttowers.com
Learn more at the official website: www.eastmonttowers.com
Mission Statement of Eastmont Towers Foundation
The Eastmont Towers Foundation is a philanthropic organization with a mission to raise funds for the use of Christian retirement homes. Its primary objective is to provide financial support for the needs of the Eastmont Towers community and the benevolent programs undertaken by Eastmont residents and staff. The foundation seeks to raise funds for Eastmont Living, a not-for-profit 501(c)3 corporation, which is dedicated to various programs.
One of the key initiatives of the Eastmont Towers Foundation is Benevolent Life Care. This program provides benevolent care for life care residents who have exhausted their financial resources. Additionally, the foundation offers Benevolent Hospice Care for community members at The Monarch, a hospice care facility within the Eastmont community. The foundation also provides Operational Grants for specific improvements that enhance the quality of life of Eastmont residents.
Furthermore, Eastmont Towers Foundation supports Eastmont Cares, a program that provides tuition reimbursement and emergency assistance for Eastmont employees who embody the Eastmont Way. By undertaking these initiatives, the Eastmont Towers Foundation aims to ensure the well-being and comfort of the elderly residents in their Christian retirement homes and to support the employees who serve them with dedication and care.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Eastmont Towers Foundation's impact is significant in supporting the needs of the Eastmont Towers community and the benevolent programs undertaken by Eastmont residents and staff. By raising money for Christian retirement homes through philanthropic support, the foundation provides benevolent life care for residents in need, hospice care for community members, operational grants for quality of life improvements, and support for Eastmont employees through tuition reimbursement and emergency assistance. This support enhances the overall well-being and care provided within the Eastmont community, making a positive difference for residents, staff, and the broader community in Lincoln, Nebraska.
This information is meant to be a general summary of Eastmont 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $158,976
- Gross Receipts: $679,036
Assets and Liabilities:
- Total Assets: $3,983,390
- Total Liabilities: $924
- Net Assets: $3,982,466
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1997
Phone
(402) 486-7515Principal Officer
Andrew Fisher
Main Address
6315 O STREET, LINCOLN, NE, 68510
Website
www.eastmonttowers.comNTEE Category
Code: T30 - Philanthropy
If you are a representative of Eastmont Towers Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.