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

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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