Fuji Towers Inc

Organization Overview

Fuji Towers Inc is located in San Jose, CA. The organization was established in 1976. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fuji Towers Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Fuji Towers Inc generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $2.7m during the year ending 06/2023. While expenses have increased by 14.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SENIOR CITIZENS LOW INCOME HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION OPERATES A 140-UNIT APARTMENT COMPLEX WHICH PROVIDES COMMUNITY SENIOR LOW INCOME HOUSING, RECREATION AND CULTURAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Warren Hayashi
President
$0
Jeffrey Ota
Treasurer
$0
Sumiye Tanabe
Secretary
$0
Alvin Hironaga
Director
$0
Jonathan Leung
Director
$0
Raghu Minisandrum
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,053,120
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,053,120
Total Program Service Revenue$669,495
Investment income $2,299
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$3,630
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,724,949

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