Christian Towers Inc
- Assets
- $91.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 09/1982
- Data as of
- 12/2022
- EIN
- 59-2207417
Organization Overview
Christian Towers Inc is located in Atlanta, GA. The organization was established in 1982. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Christian Towers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AFFORDABLE RENTAL HOUSING FOR THE ELDERLY AND OTHER PUBLIC BENEFIT AND CHARITABLE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT CHARITABLE ACTICITIES OF ANOTHER 501(C)(3) ORGANIZATION FOR CERTAIN CAPITAL IMPROVEMENTS AT OAKBROOK TOWERS WHICH IS AN AFFODABLE RENTAL HOUSING COMPLEX FOR LOW INCOME ELDERLY PERSONS OPERATING UNDER THE HUD SECTION 202 HOUSING PROGRAM.
TO SUPPORT THE CHARITABLE ACTIVITIES OF ANOTHER 501(C)(3) ORGANIZATION CONSISTENT WITH THE EXPANDED MISSION OF THE ORGANIZATION. THE ORGANIZATION ACTS AS THE SPONSOR OF AFFORDABLE HOUSING FOR LOW INCOME ELDERLY AND HANDICAPPED PERIONS AS WELL AS SPONSORS CERTAIN CHARITABLE, RELIGIOUS, AND EDUCATIONAL ACTIVITIES IN ACCORDANCE WITH ITS CHARITABLE PURPOSE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Eickhoff President | OfficerTrustee | 1 | $0 |
Joseph F Glenn Vice President | OfficerTrustee | 1 | $0 |
Robert L Reinhart Vice President | OfficerTrustee | 1 | $0 |
Elizabeth C Glenn Secretary/treasurer | OfficerTrustee | 1 | $0 |
Larry Gay Reagan Director | Trustee | 1 | $0 |
Kim Delacey Director | Trustee | 1 | $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 | $0 |
| Investment income | $0 |
| 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 | $0 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $405 |
| Total functional expenses | $405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $91,490 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $91,490 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $91,490 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,490 |
Grants Awarded
Over the last fiscal year, Christian Towers Inc has awarded $8,076,221 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHRISTIAN SENIOR HOUSING FOUNDATION PURPOSE: TO PROVIDE SUPPORT TO THE ELDERLY AND HANDICAPPED PERSONS AND ANY CHARITABLE, EDUCATIONAL, RELIGIOUS, OR SCIENTIFIC PURPOSES ALLOWED UNDER SECTION 501(C)(3) OF THE CODE. | $50,000 |
WORLD OUTREACHFUND PURPOSE: TO PROVIDE SUPPORT TO THE ELDERLY AND HANDICAPPED PERISONS AND ANY CHARITABLE, EDUCATIONAL, RELIGIOUS, OR SCIENTIFIC PURPOSES ALLOWED UNDER SECTION 501(C)(3) OF THE CODE. | $8,026,221 |