GORMAN TOWERS INC

GORMAN TOWERS INC

FORT SMITH, AR, US
501(c)(3)
EIN
71-0508225

GORMAN TOWERS INC

FORT SMITH, AR, US
501(c)(3)
EIN
71-0508225

Overview

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Est.

1980

Fiscal Year Start

Sep 1

Organization Type

Grantseeker

AI Summary

Gorman Towers Inc is a nonprofit organization dedicated to providing housing for the elderly and handicapped, with a mission focused on enhancing the quality of life for these vulnerable populations. In 2023, the organization operated with a budget of $1.9 million and reported total revenue of $2.1 million. Gorman Towers Inc does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its initiatives.

Mission Statement

NON-PROFIT HOUSING FOR THE ELDERLY & HANDICAPPED.
Revenues

$2.1M

Expenses

$1.9M

Net Income:
+$224.5K
Assets

$3.6M

Liabilities

$3.9M

Net Assets:
-$347.5K
Operating Budget

$1.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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W
William Hutchinson
Board Member
A
Audra Bailey
Board Member
J
Jeff Fenwick
Board Member

Frequently Asked Questions

What is GORMAN TOWERS INC’s budget?
In 2023, GORMAN TOWERS INC reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does GORMAN TOWERS INC support?
GORMAN TOWERS INC supports work in Retirement housing.
Where does GORMAN TOWERS INC operate?
GORMAN TOWERS INC is headquartered in FORT SMITH, AR.
Overview
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