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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Magnolia Towers Inc.

Magnolia Towers Inc.

Fiscal year ending 2023. Filed on May 13, 2024.

80 West Lucerne Circle
Orlando, Florida 32801

Magnolia Towers Inc. (EIN: 59-1115878) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, Magnolia Towers Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 10 total employees. Among the employees shown here, the average compensation is $580,457. The highest compensated employee at Magnolia Towers Inc. is Terence Rogers with fiscal year 2023 compensation of $700,873.

Revenue, expenses, and employee compensation

Revenue

$1,325,497

Expenses

$1,704,890

Employee compensation

$430,653
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Terence Rogers
President and Chief Executive Officer
$700,873
$0 $664,385 $36,488
Henry Keith
Cfo/Treasur/
$555,037
$0 $530,394 $24,643
Garry Hennis
Coo/Executiv
$485,460
$0 $464,464 $20,996
Megan Faubel
Secretary
$0

Benchmark Employee Compensation

Non-Employee Board Members

John Debevoise
Director
John Hillenmeyer
Chair
Linda Shelley
Director

Contractors

Westminster Services Inc.
Management/Acct
$107,112

Mission Statement

WE ARE A CHURCH RELATED, NON-PROFIT ORGANIZATION DEDICATED AND COMMITTED TO PROVIDING SERVICES FOR OLDER ADULTS BY CREATING AND PRESERVING EXCELLENT RESIDENTIAL FACILITIES. WE BELIEVE IN AND ARE COMMITTED TO HONORING EACH PERSON'S DIGNITY, RIGHTS, SELF-RESPECT AND INDEPENDENCE. WE ARE COMMITTED TO A PROGRAM OF STEWARDSHIP THAT RECOGNIZES THE RESPONSIBILITY TO USE OUR RESOURCES WELL.

Revisions to this organization profile

May 13, 2024:
2023 Magnolia Towers Inc. 990 filed
May 12, 2023:
2022 Magnolia Towers Inc. 990 filed
May 13, 2022:
2021 Magnolia Towers Inc. 990 filed

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