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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 The Towers Foundation Inc.

The Towers Foundation Inc.

Fiscal year ending 2024. Filed on November 12, 2024.

18 Tower Lane
New Haven, Connecticut 06519

The Towers Foundation Inc. (EIN: 06-1331831) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, The Towers Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 6 total employees. Among the employees shown here, the average compensation is $175,947. The highest compensated employee at The Towers Foundation Inc. is Gustave Keach-Longo with fiscal year 2024 compensation of $294,151.

Revenue, expenses, and employee compensation

Revenue

$1,133,381

Expenses

$1,449,754

Employee compensation

$311,427
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Gustave Keach-Longo
President and Chief Executive Officer
$294,151
$0 $265,686 $28,465
John Heyder
Chief Financial Officer
$141,536
$0 $127,729 $13,807
Jennifer Baron Bayer
Vice President, Strategic Initiatives
$135,350
$0 $122,333 $13,017
Jesse Wescott
Vice President
$132,750
$0 $106,080 $26,670

Benchmark Employee Compensation

Non-Employee Board Members

Cindy Leffell
Outgoing Immediate PAST Chair
Donna Fedus
Director
Dr Stephanie Jacobson
Director
Ellen Iead
Director
Erik Johnson
Outgoing Director
Gayle Slossberg
Outgoing Director
Ina Silverman
Director
Jamie Zuboff
Vice Chair
Linda Cedarbaum
Board Chair
Linda Randell
Secretary
Lori Brochin
Treasurer
Marc Olins
Director

Mission Statement

THE PURPOSES OF THE CORPORATION ARE TO PROVIDE RESOURCES TO THE NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION (DBA THE TOWERS AT TOWER LANE AND REFERRED TO IN THESE BYLAWS AS "THE TOWERS") IN SUPPORT OF THE TOWERS' MISSION AS SET FORTH IN ARTICLE 2 OF ITS CERTIFICATE OF INCORPORATION ON FILE IN THE OFFICE OF THE SECRETARY OF THE STATE OF CONNECTICUT. IN CARRYING OUT ITS PURPOSES, THE CORPORATION SHALL ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION, AS DESCRIBED IN SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), BY OPERATING FOR THE BENEFIT OF, PERFORMING FUNCTIONS OF, OR CARRYING OUT PURPOSES OF THE TOWERS.) FURTHER PROVIDED, IN THE EVENT OF ANY CONFLICT BETWEEN THE PURPOSES SET FORTH IN THESE BYLAWS AND THOSE SET FORTH IN ITS CERTIFICATE OF INCORPORATION, THE PROVISIONS OF THE CERTIFICATE OF INCORPORATION SHALL PREVAIL.

Revisions to this organization profile

November 12, 2024:
2024 The Towers Foundation Inc. 990 filed
November 13, 2023:
2023 The Towers Foundation Inc. 990 filed
November 10, 2022:
2022 The Towers Foundation Inc. 990 filed

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