EIN 06-1331831

The Towers Foundation

Name: The Towers Foundation financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

New Haven

State

Connecticut

Year formed

1969

Most recent tax filings

2023-06-01

NTEE code, primary

L22: Senior Citizens Housing, Retirement Communities

Description

The corporation is dedicated to supporting a broad spectrum of human services to The elderly and handicapped living in The tower one and tower east residences in new haven, ct. These services include, but are not limited to health, housing, nutrition and recreation. The mission of The Towers organization is to provide older persons of varying means with high quality living arrangements and services based upon Jewish values and traditions. To provide services such as health, housing, nutrition and recreation to residents of The Towers in new haven, ct.

Related structure

The Towers Foundation is a subordinate organization under The Towers At Tower Lane.

Total revenues

$1,940,196

2023

Total expenses

$1,094,041

2023

Total assets

$3,122,597

2023

Num. employees

2023

Program areas at The Towers Foundation

To provide services such as health, housing, nutrition and recreation to residents of The Towers in new haven, ct.

Who funds The Towers Foundation

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Community Foundation for Greater New Haven	2022-12	General Operating Support, Provision of Material Basic Needs	$38,650
Agency on Aging of South Central Connecticut	2022-09	Social Service	$22,500
Jewish Foundation of Greater New Haven	2022-12	Charitable Distribution From Donor Advised Fund	$20,418
...and 4 more grants received

Personnel at The Towers Foundation

Name	Title	Compensation	Date of data
Gustave Keach-Longo	Chief Executive Officer	$0	2023-11-13
John Heyder	Chief Financial Officer	$0	2023-06-30
Lori Brochin	Treasurer	$0	2023-06-30
Cindy Leffell	Chair	$0	2023-06-30
Linda Randell	Secretary	$0	2023-06-30
...and 8 more key personnel

Financials for The Towers Foundation

Revenues	FYE 06/2023	FYE 06/2022	% Change
Total grants, contributions, etc.	$1,460,742	$841,046	73.7%
Program services	$342,546	$219,387	56.1%
Investment income and dividends	$5,074	$0	999%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$120,512	$78,997	52.6%
Net gain from sale of non-inventory assets	$11,322	$-278	4172.7%
Net income from fundraising events	$0	$0	-
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$0	$234	-100%
Total revenues	$1,940,196	$1,139,386	70.3%

Form 990s for The Towers Foundation

Fiscal year ending	Date received by IRS	Form	PDF link
2023-06	2023-11-13	990	View PDF
2022-06	2022-11-10	990	View PDF
2021-06	2021-11-15	990	View PDF
2020-06	2021-04-06	990	View PDF
2019-06	2020-09-15	990	View PDF
...and 9 more Form 990s

Organizations like The Towers Foundation

Organization	Type	Location	Revenue
FMH Foundation	501(c)(3)	Northbrook, IL	$5,583,629
The Jewish Home and Senior Living Foundation (JHSLF)	501(c)(3)	San Francisco, CA	$4,256,089
Fowler Christian Apartments	501(c)(3)	Dallas, TX	$2,772,288
JFS Housing	501(c)(3)	Milwaukee, WI	$1,439,082
2life Communities (JCHE)	501(c)(3)	Brighton, MA	$4,911,115
The Towers At Tower Lane	501(c)(3)	New Haven, CT	$8,597,965
Hawthorn Landing	501(c)(3)	Kalamazoo, MI	$3,355,731
Jewish Home of Central New York Senior Apartments	501(c)(3)	Syracuse, NY	$1,641,931
Wesley Willows A Methodist Retirement Home	501(c)(3)	Rockford, IL	$6,224,034
Trinity View	501(c)(3)	Salisbury, NC	$4,470,523

Data update history

January 24, 2024

Updated personnel

Identified 1 new personnel

January 17, 2024

Posted financials

Added Form 990 for fiscal year 2023

December 24, 2023

Received grants

Identified 4 new grant, including a grant for $38,650 from Community Foundation for Greater New Haven

November 25, 2023

Posted financials

Added Form 990 for fiscal year 2022

June 26, 2023

Posted financials

Added Form 990 for fiscal year 2021

Nonprofit Types

Grantmaking organizationsDisease research fundraisersHousing and shelter organizationsRetirement homesChapter / child organizationsCharities

Issues

Human servicesHousing

Characteristics

JewishReligiousConducts researchState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donations

General information

Address: 18 Tower LN; New Haven, CT 06519
Metro area: New Haven-Milford, CT
County: New Haven County, CT
Phone: (203) 772-1816

IRS details

EIN: 06-1331831
Fiscal year end: June
Taxreturn type: Form 990
Year formed: 1969
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: L22: Senior Citizens Housing, Retirement Communities
NAICS code, primary: 813212: Health and Disease Research Fundraising Organizations
Parent/child status: Subordinate organization

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The Towers Foundation

Program areas at The Towers Foundation

Who funds The Towers Foundation

Personnel at The Towers Foundation

Financials for The Towers Foundation

Form 990s for The Towers Foundation

Organizations like The Towers Foundation

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