NonprofitsMagnolia Towers Inc

Housing & Shelter

Magnolia Towers Inc

ORLANDO, FL

Total revenue

$1.6M

Total expenses

$1.7M

Net assets

Grants received

EIN

591115878

Tax year

2023

Mission

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.

Financials

FY 2023

Revenue

Contributions & grants$2K
Program service revenue$1.6M
Investment income
Other revenue
Total revenue$1.6M

Expenses

Grants paid
Salaries & benefits$450K
Fundraising
Other expenses$1.3M
Total expenses$1.7M
Total assets$3.2M
Net assets

People

7 listed

NameRoleCompensation

JOHN HILLENMEYER

CHAIRMAN

Board

TERENCE ROGERS

CEO/PRESIDEN

Board

HENRY KEITH

CFO/TREASUR/

Board

GARRY HENNIS

COO/EXECUTIV

Board

MEGAN FAUBEL

SECRETARY

Board

LINDA SHELLEY

DIRECTOR

Board

JOHN DEBEVOISE

DIRECTOR

Board

Independent contractors

WESTMINSTER SERVICES INC

MGMT/ACCT SVCS

$107K

Details

EIN591115878
NTEE codeL22Z
Subsection03
Ruling date1965-02
Formed1964
Employees15
MAGNOLIA TOWERS INC — Mission, Financials & Grants Received | Grantivo