2026-09-21T12:14:20-05:00 2025-12-31 871353108 EISNER ADVISORY GROUP LLC 3595 GRANDVIEW PARKWAY SUITE 500 BIRMINGHAM AL 35243 990 2025-01-01 237092822 RLC CORPORATION DBA LUTHERAN TOWERS RLCC 4048736087 727 JUNIPER STREET NE ATLANTA GA 30308 KARON NIXON EXECUTIVE DIRECTOR 4048736087 2026-09-15 1 BRIAN SCHUTZ CPA P01670034 2058221010 2025 KARON NIXON 4395892 0 X N/A X 1969 GA SINCE 1972 LUTHERAN TOWERS HAS BEEN FULFILLING ITS CRITICAL MISSION TO PROVIDE AN AFFORDABLE, QUALITY HOME WITH PERSON-CENTERED SUPPORTIVE SERVICES THAT EMPOWER ITS RESIDENTS TO THRIVE. 11 11 17 40 0 0 72347 97004 4100971 4260904 30692 34900 103171 3084 4307181 4395892 0 0 0 0 1207197 1178543 0 0 0 2743003 3065183 3950200 4243726 356981 152166 7873430 7739016 1825790 1539210 6047640 6199806 X PROVIDING HOUSING WITH PERSON-CENTERED SUPPORTIVE SERVICES AND RECREATIONAL ACTIVITIES FOR LOW INCOME ELDERS OF ALL FAITHS AND BELIEFS BY OPERATING A 205 UNIT APARTMENT COMMUNITY REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT. 0 0 4243726 4263988 PROVIDED A QUALITY AFFORDABLE HOME WITH PERSON-CENTERED SUPPORTIVE SERVICES AND RECREATIONAL ACTIVITIES FOR LOW-INCOME ELDERLY BY OPERATING A 205 UNIT APARTMENT COMMUNITY REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT IN MIDTOWN ATLANTA, GEORGIA. MAINTAINING AN ENVIROMENT WHERE OUR RESIDENTS CAN SUCCESSFULLY AND HAPPILY AGE IN PLACE IS AT THE HEART OF ALL WE DO. GUIDED BY THIS PHILOSOPHY, WE HELPED ALLEVIATE LONELINESS, HELPLESSNESS AND BOREDOM BY ENSURING EACH RESIDENT ENJOYS A LOVING COMPANIONSHIP WITH FAMILY, FRIENDS AND PETS; PURPOSEFUL LIVES WITH OPPORTUNITIES TO GROW, LEARN AND GIVE; ACTIVITIES THAT ARE MEANINGFUL TO THEM; INTERGENERATIONAL ACTIVITIES; SELF-DIRECTED, PERSONALIZED CARE AND SUPPORT; AND ACCESS TO CREDENTIALED AND CARING STAFF. 4243726 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 5 1 17 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 GA X KARON NIXON 4048736087 727 JUNIPER STREET NE ATLANTA GA 30308 X PAUL ISAACSON CHAIR 1.00 X X 0 0 0 JEFF GUTHRIE VICE CHAIR 1.00 X X 0 0 0 CATHERINE DRESSEL SECRETARY 1.00 X 0 0 0 LINDSEY DUMONT TREASURER 1.00 X 0 0 0 KAREN MEDFORD BOARD MEMBER 1.00 X 0 0 0 CHERYL IVERSON BOARD MEMBER 1.00 X 0 0 0 KARIN MAYO BOARD MEMBER 1.00 X 0 0 0 HANNAH FARHADI-IKNER BOARD MEMBER 1.00 X 0 0 0 SHARITA ROBINSON BOARD MEMBER 1.00 X 0 0 0 WREN CARLSON BOARD MEMBER 1.00 X 0 0 0 JON WATERHOUSE BOARD MEMBER 1.00 X 0 0 0 KARON C NIXON FORMER EXECUTIVE DIRECTOR 0.00 X 132750 0 0 132750 0 0 1 1 0 0 0 97004 97004 HOUSING ASSISTANCE PAY 531110 3354609 3354609 TENANT RENT PAYMENTS 531110 906295 906295 4260904 34900 34900 MISCELLANEOUS REVENUE 531110 3084 3084 3084 4395892 4263988 0 34900 806147 806147 76167 76167 219604 219604 76625 76625 53707 53707 130001 130001 112729 112729 17522 17522 143098 143098 79296 79296 112539 112539 453155 453155 196901 196901 UTILITIES AND TRASH REM 640984 640984 REPAIRS AND MAINTENANCE 429794 429794 SERVICE COORDINATOR AND 373682 373682 SECURITY 187585 187585 134190 134190 4243726 4243726 0 0 1396893 1473987 3804 51991 35832 15096029 8942510 6395546 6153519 29000 71874 7873430 7739016 304188 216686 1521602 1322524 1825790 1539210 X 6047640 6199806 6047640 6199806 7873430 7739016 152166 0 X X 0 1 X 1 0 X 204429 138289 116802 72347 97004 628871 3269164 3149527 3356083 4234519 4298888 18308181 3473593 3287816 3472885 4306866 4395892 18937052 10000 31000 41000 0 10000 31000 41000 18896052 120 183 30899 315 0 31517 120 183 30899 315 31517 3473713 3287999 3503784 4307181 4395892 18968569 0.99620 0.99530 0.00170 0.00180 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 180000 180000 13138923 7874704 5264219 985671 400489 585182 791435 667317 124118 6153519 TENANT SECURITY DEPOSITS 58941 RLC COMMERCIAL MORTGAGE 1233053 CURRENT PORTION TERM LOAN 30530 1322524 4395892 0 4395892 0 4395892 4243726 0 4243726 0 4243726 0 0 0 0 0 0 0 0 0 KARON C NIXON FORMER EXECUTIVE DIRECTOR 120750 0 12000 0 0 0 0 0 0 0 132750 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY A CERTIFIED PUBLIC ACCOUNTING (CPA) FIRM. THE CPA FIRM SENDS AN ELECTRONIC REVIEW COPY TO THE EXECUTIVE DIRECTOR/ADMINISTRATOR, WHO FORWARDS THE ELECTRONIC REVIEW COPY TO ALL BOARD MEMBERS FOR REVIEW. THE FINANCE COMMITTEE CONDUCTS AN IN-DEPTH REVIEW WITH THE CPA PREPARING THE RETURN. AFTER ANY QUESTIONS AND COMMENTS FROM THE BOARD MEMBERS ARE ADDRESSED, THE FINALIZED FILING COPY OF THE RETURN IS PROVIDED TO THE DESIGNATED BOARD OFFICER FOR FINAL REVIEW, SIGNATURE AND FILING. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE IS MONITORED AT REGULARLY SCHEDULED MEETINGS OF THE BOARD OF DIRECTORS AND AT OTHER TIMES, IF NEEDED. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL OPERATING BUDGET WHICH INCLUDES COMPENSATION LEVELS. INFORMATION SUCH AS COMPENSATION SURVEYS AND STUDIES, PUBLICLY AVAILABLE INFORMATION PERTAINING TO SIMILIAR ORGANIZATIONS, PREVAILING LOCAL COMPENSATION LEVELS FOR SIMILAR POSITIONS AND RESPONSIBILITIES, AND HUD BUDGETING AND OPERATING REQUIREMENTS ARE TAKEN INTO CONSIDERATION WHEN COMPENSATION LEVELS ARE DETERMINED. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MAINTAINED BY THE BOARD OF DIRECTORS AND COPIES ARE PROVIDED UPON REQUEST. FORM 990 PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR.