NonprofitsVerdugo Tower Inc

Housing & Shelter

Verdugo Tower Inc

PASADENA, CA

Total revenue

$2.7M

Total expenses

$1.3M

Net assets

$6.3M

Grants received

$1.2M

8 grants

EIN

954401836

Tax year

2024

Mission

To provide low income housing to elderly and handicapped persons.

Financials

FY 2024

Revenue

Contributions & grants$2.1M
Program service revenue$544K
Investment income$19K
Other revenue
Total revenue$2.7M

Expenses

Grants paid
Salaries & benefits$320K
Fundraising
Other expenses$1.0M
Total expenses$1.3M
Total assets$6.4M
Net assets$6.3M

People

11 listed

NameRoleCompensation

ELVAN MOEN

PRESIDENT

Board

1 hrs/wk

JANE CASEY

TREASURER

Board

1 hrs/wk

LISA FIKE

SECRETARY

Board

1 hrs/wk

ROBERT ANDERSON

DIRECTOR

Board

1 hrs/wk

BRIAN CASEY

DIRECTOR

Board

1 hrs/wk

CAROLYN ENGLISH

DIRECTOR

Board

1 hrs/wk

LAUREEN ENDOSO

DIRECTOR

Board

1 hrs/wk

REV ALEX POWELL

DIRECTOR

Board

1 hrs/wk

SUE EVERHART

DIRECTOR

Board

1 hrs/wk

KAREN KOLUS

DIRECTOR

Board

1 hrs/wk

DAVE SMITH

DIRECTOR

Board

1 hrs/wk

Independent contractors

FALKENBERGGILLIAM & ASSOCIATES

MANAGEMENT FEE

$106K

Grants received

Showing 8 of 8

FromAmountPurposeYear
$730K
TO PROVIDE SUPPORT FOR BUILDING REPAIRS AND LOAN FEES TO REFINANCE THE BUILDING.
2024
$7K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2024
$5K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2023
$420K
TO PROVIDE SUPPORT FOR BUILDING REPAIRS AND LOAN FEES TO REFINANCE THE BUILDING.
2022
$5K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2020
$7K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2019
$7K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2018
$7K
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
2017

Funded by

$1.2M from 2 funders · 8 grants · 2017–2024

Harvard Plaza Inc

$1.2M · 2 grants · 2022–2024

Wesley Homes Inc

$38K · 6 grants · 2017–2024

Details

EIN954401836
NTEE codeL21Z
Subsection03
Ruling date1997-10
Formed1982
Employees9
Volunteers0
VERDUGO TOWER INC — Mission, Financials & Grants Received | Grantivo