Abundant Life Towers Ii Inc

Organization Overview

Abundant Life Towers Ii Inc is located in Owings Mills, MD. The organization was established in 1983. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abundant Life Towers Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Abundant Life Towers Ii Inc generated $959.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $890.9k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION PROVIDES HOUSING FOR THE ELDERLY UNDER THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202 VIA PUBLIC ASSISTANCE FUNDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES HOUSING FOR THE ELDERLY UNDER THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202 VIA PUBLIC ASSISTANCE FUNDS.


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Board, Officers & Key Employees

Name (title)Compensation
Monroe R Saunders Jr
President
$0
Reatha Sanders
Secretary
$0
Mary Greene
Vice Preside
$0
Keith Bland
Director
$0
Larry Bouldin
Director
$0
Lynne Levere
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$917,063
Investment income $114
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $959,931

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