Jewish Home Tower Inc

Organization Overview

Jewish Home Tower Inc is located in Atlanta, GA. The organization was established in 1977. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Jewish Home Tower Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Home Tower 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 06/2022, Jewish Home Tower Inc generated $6.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $2.3m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE JEWISH HOME TOWER, A NON-PROFIT CORPORATION, WILL PROVIDE A SAFE AND COMFORTABLE RETIREMENT ENVIRONMENT FOR SENIOR CITIZENS AND ANYONE ELSE WHO QUALIFIES UNDER OUR 202/8 HUD CONTRACT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE JEWISH HOME TOWER, INC OPERATES A RENTAL HOUSING PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE PROJECT CONSISTS OF 200 HOUSING UNITS FOR LOW-INCOME INDIVIDUALS, WHO ARE ELDERLY, OR ARE PHYSICALLY DISABLED AND IN NEED OF THE DESIGN FEATURES OF AN ACCESSIBLE UNIT THROUGH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S SECTION 202 AND 8 HOUSING PROGRAMS. THE JEWISH HOME TOWER ALSO PROVIDES SUCH ASSISTANCE AS TRANSPORTATION, RESOLUTION OF MEDICAL INSURANCE ISSUES, IDENTIFICATION OF ALTERNATE DOCTORS & HEALTH AGENCIES, ART CLASSES, LIBRARY AND EXERCISE PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Harley Tabak
CEO
$0
Jeffrey Gopen
COO
$0
Neelam Rahatekar
CFO
$0
Lee Pratt
Executive Director
$48,229
Jeff Berman
Board Chair
$0
Candy Berman
Vice Board Chair
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Thw Design
Architectural Services For Renovation
$429,465
Bellwether Enterprise
Refinancing / Pre-develoipment Work For
$152,056
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,852,351
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$3,852,351
Total Program Service Revenue$2,988,884
Investment income $2,393
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,908,976

Peer Organizations

Organization NameAssets
Sunrise Northeast Inc
Miami, FL
$18,932,220
Jewish Association For Residential Care Inc
Boca Raton, FL
$11,696,671
Preservation Housing Inc
Mobile, AL
$15,150,293
Choanoke Area Development Assoc
Rich Square, NC
$10,029,317
Association For Retarded Citizens Housing Development Services Inc
Greensboro, NC
$9,672,248
Habitat For Humanity Of Greater Miami Inc
Miami, FL
$11,185,059
Housing And Neighborhood Development Services Of Central
Orlando, FL
$11,155,540
Twin Rivers Opportunities Inc
New Bern, NC
$7,342,759
Contemporary Housing Alternatives Of Florida Inc
Clearwater, FL
$6,874,188
Community Initiatives Development Corporation
Lakewood Ranch, FL
$8,661,238
John Sparks Manor Inc
Union City, GA
$5,675,234
C O R E Programs Inc
Charlotte, NC
$4,032,323
Larry Moore Manor Inc
Union City, GA
$4,277,912
Peninsula Housing Development Inc Iii
Miami, FL
$3,952,352
Santee Lynches Affordable Housing And Community Development Corp
Sumter, SC
$3,574,266
Partners In Hope Inc
Loris, SC
$2,733,048
World Outreach Fund
Atlanta, GA
$4,163,405
The Salvation Army Residences Inc
Brookhaven, GA
$3,312,058
Catholic Charities Housing Inc
St Petersburg, FL
$2,464,133
Clairmont Oaks Inc
Decatur, GA
$3,745,823
Front Porch Housing
Greenville, SC
$3,057,253
Campbell-Stone North Apartments Inc
Atlanta, GA
$3,723,333
Rhg-Afforable Housing Ii Inc
Atlanta, GA
$3,096,284
Wilmington Area Rebuilding Ministry Inc
Wilmington, NC
$3,839,184
Calvin Court Atlanta Inc
Quitman, GA
$3,946,250

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