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Park Bixby Tower Inc

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

EIN: 952821080 ✦ Stockton, CA ✦ Designated as a 501(c)(3)

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Overview

What is Park Bixby Tower Inc?

Park Bixby Tower Inc is a nonprofit organization situated in Stockton, California, with a focus on improving the lives of low-income senior residents living in their properties. Their initiatives encompass exercise and wellness programs, monthly tours, social events, educational seminars, and participation in cultural events. The organization's primary mission is to provide housing for these elderly individuals, as well as other services tailored to meet their physical, social, and psychological needs. With a commitment to their beneficiaries, Park Bixby Tower Inc strives to create an enriching environment for the elderly population, fostering a sense of community and overall well-being.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 79%, Three-Star out of Four Star rating.

Park Bixby Tower Inc has received a solid three-star rating from Charity Navigator, reflecting an overall accountability and finance score of 79%. This score is derived entirely from its performance in the Accountability & Finance category, indicating a strong emphasis on maintaining transparency and responsible financial practices.

The organization demonstrates significant strengths, particularly with a high percentage of independent board members and robust financial oversight mechanisms. It has achieved top scores in various governance categories, including material diversion of assets and the presence of essential policies such as conflict of interest and whistleblower protections, which contribute to its integrity and operational reliability.

However, while the financial health indicators suggest effective management, there may be limitations in areas outside of accountability and finance that are not captured in this score. Potential donors and stakeholders should consider these aspects when evaluating the charity’s overall impact and effectiveness in fulfilling its mission.


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

Is Park Bixby Tower Inc legitimate?

Park Bixby Tower Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Bixby Tower 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: $444,276
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,046

For more financial information, click here

What is the mission statement of Park Bixby Tower Inc?

Park Bixby Tower Inc's mission is centered around enhancing the lives of elderly, low-income families. The organization strives to accomplish this by conducting activities that cater to their needs. A significant part of their mission involves providing housing for these individuals. Beyond housing, they also offer various services designed to meet the elderly's physical, social, and psychological needs. These efforts range from exercise and wellness programs to monthly tours, social events, educational programs, and participation in cultural events. The primary goal is to enrich the lives of these seniors residing in their properties.

Who is the CEO of Park Bixby Tower Inc?

Russell L Wylie is the Director of Park Bixby Tower Inc. The CEO's salary of Park Bixby Tower Inc is $183,976 and their total compensation is $224,042.

What is the revenue of Park Bixby Tower Inc?

Park Bixby Tower Inc's revenue in 2022 was $3,142,860.

Who are the executives of Park Bixby Tower Inc and what are their salaries?

The average compensation at Park Bixby Tower Inc during 2022 was $124,264. There are 5 employees and 5 volunteers at Park Bixby Tower Inc.


Here are 10 key members and their salaries (Park Bixby Tower Inc's CEO's salary is $183,976 and their total compensation is $224,042):


Lois Richey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lora Kermode Wylie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Dunn (Secretary)
  • Compensation: $7,749
  • Related: $0
  • Other: $0
Matthew Wylie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Willcoxon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wylie (Executive Vice President)
  • Compensation: $166,620
  • Related: $0
  • Other: $58,018
Nancy Hathcock (Director & Resident Program Dir.)
  • Compensation: $46,095
  • Related: $0
  • Other: $0
Russell L Wylie (President/Ceo)
  • Compensation: $183,976
  • Related: $0
  • Other: $40,066
Thaddeus Wojcik (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Arnett (Treasurer)
  • Compensation: $7,749
  • Related: $0
  • Other: $0
Where can I find the form 990 for Park Bixby Tower Inc?

Park Bixby Tower Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Park Bixby Tower Inc

Park Bixby Tower Inc, a nonprofit organization, is committed to enhancing the lives of low-income elderly families. Their mission is twofold: firstly, they aim to conduct activities that cater to the elderly's needs, which encompasses providing housing and other services designed to meet their physical, social, and psychological requirements. Secondly, they strive to enrich the lives of these seniors who reside in their properties. This is achieved through various initiatives such as exercise and wellness programs, monthly tours, social events, education programs, and participation in cultural events. These activities are meticulously planned to foster a sense of community and engagement among the residents, thereby improving their overall quality of life.

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Impact




July, 2024

Park Bixby Tower Inc's impact is focused on providing housing for low-income elderly families in Stockton, CA. The organization's mission is to enrich the lives of low-income seniors by offering various programs and activities such as exercise and wellness programs, monthly tours, social events, education programs, and cultural events. Through these efforts, Park Bixby Tower Inc aims to meet the physical, social, and psychological needs of the elderly residents in their properties, ultimately improving their quality of life.




This information is meant to be a general summary of Park Bixby Tower 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
$3,142,860 (2022)
Expenses
$3,073,079 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $32,978
  • Program Service Revenue: $892,694
  • Gross Receipts: $3,142,860

Assets and Liabilities:

  • Total Assets: $5,883,666
  • Total Liabilities: $6,411,857
  • Net Assets: -$528,191

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Programs

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

RENTAL INCOME, NET

Revenue

$876,523

OTHER INCOME

Revenue

$16,171

Organization Details

Founding Year

1968

Principal Officer

Russell L Wylie

Main Address

8618 TREASURE AVENUE, STOCKTON, CA, 95212

NTEE Category

Code: L210 - Housing

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