Nonprofit · EIN 23-7092822
R L C CORP
Also known as LUTHERAN TOWERS
Tax-exempt · ATLANTA, GA 30308
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $4,395,892 | $4,243,726 | $152,166 | $7,739,016 | $1,539,210 | $6,199,806 |
| December 31, 2024 | 990 | $4,307,181 | $3,950,200 | $356,981 | $7,873,430 | $1,825,790 | $6,047,640 |
| December 31, 2023 | 990 | $3,503,784 | $3,609,307 | -$105,523 | $7,272,725 | $1,582,066 | $5,690,659 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $97,004
- Program service revenue
- $4,260,904
- Investment income
- $34,900
- Other revenue
- $3,084
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $806,147
- Salaries, compensation and benefits (total)
- $1,178,543
- Professional fundraising fees
- $0
- Legal fees
- $53,707
- Accounting fees
- $130,001
- Depreciation
- $453,155
- Program services (functional)
- $4,243,726
Balance sheet and other
- Total assets, start of year
- $7,873,430
- Total assets, end of year
- $7,739,016
- Total liabilities, end of year
- $1,539,210
- Net assets, end of year
- $6,199,806
- Land, buildings and equipment
- $6,153,519
- Net assets without donor restrictions
- $6,199,806
- Gross receipts
- $4,395,892
- Employees
- 17
- Volunteers
- 40
- Year formed
- 1969
- State of legal domicile
- GA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARON C NIXON | FORMER EXECUTIVE DIRECTOR Former | 0 | $132,750 |
| PAUL ISAACSON | CHAIR Trustee or director, Officer | 1 | $0 |
| JEFF GUTHRIE | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| CATHERINE DRESSEL | SECRETARY Trustee or director | 1 | $0 |
| LINDSEY DUMONT | TREASURER Trustee or director | 1 | $0 |
| KAREN MEDFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHERYL IVERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| KARIN MAYO | BOARD MEMBER Trustee or director | 1 | $0 |
| HANNAH FARHADI-IKNER | BOARD MEMBER Trustee or director | 1 | $0 |
| SHARITA ROBINSON | BOARD MEMBER Trustee or director | 1 | $0 |
| WREN CARLSON | BOARD MEMBER Trustee or director | 1 | $0 |
| JON WATERHOUSE | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KARON WINSTON | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $124,204 |
| SUE MCCART | CHAIR Trustee or director, Officer | 1 | $0 |
| PAUL ISAACSON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| JEFF GUTHRIE | TREASURER Trustee or director, Officer | 1 | $0 |
| CATHARINE DRESSEL | SECRETARY Trustee or director, Officer | 1 | $0 |
| HANNAH FARHADI | BOARD MEMBER Trustee or director | 1 | $0 |
| ALISA NORVELLE | BOARD MEMBER Trustee or director | 1 | $0 |
| KAREN MEDFORD | BOARD MEMBER Trustee or director | 1 | $0 |
| CHERYL IVERSON | BOARD MEMBER Trustee or director | 1 | $0 |
| KARIN MAYO | BOARD MEMBER Trustee or director | 1 | $0 |
| LINDSEY DUMONT | BOARD MEMBER Trustee or director | 1 | $0 |
| JAMES SUMMER III | PAST CHAIRMAN Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KARON WINSTON | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $100,367 | $14,633 |
| SUE MCCART | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| PAUL ISAACSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DOUG DUMONT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN GROGG | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MINDY ST GEORGE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HANNAH FARHADI | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KAREN MEDFORD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF GUTHRIE | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| JAMES SUMMER III | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALISA NORVELLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CATHARINE DRESSEL | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 727 JUNIPER STREET NE, ATLANTA, GA 30308-1343
- Principal officer (990 for 2025)
- KARON NIXON
- Signed the 990
- KARON NIXON, EXECUTIVE DIRECTOR
- Phone
- (404) 873-6087
- Return prepared by
- EISNER ADVISORY GROUP LLC
Mission
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.
Program accomplishments
- 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.Expenses $4,243,726 · revenue $4,263,988
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7092822
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,739,016
- Income (IRS master file)
- $4,395,892
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $4,395,892 | $4,243,726 | $7,739,016 | XML |
| 990 | December 2024 | $4,307,181 | $3,950,200 | $7,873,430 | XML |
| 990 | December 2023 | $3,503,784 | $3,609,307 | $7,272,725 | XML |
| 990 | December 2022 | $3,287,999 | $3,274,461 | $7,338,867 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7092822).
Questions about R L C CORP
- What is the EIN of R L C CORP?
- The employer identification number (EIN) of R L C CORP is 23-7092822.
- Is R L C CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to R L C CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does R L C CORP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of R L C CORP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did R L C CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of R L C CORP?
- The 990 for the year ended December 31, 2025 names KARON NIXON.
- Who are the officers and directors of R L C CORP?
- The 990 for the year ended December 31, 2025 lists 12 people; 1 received compensation from the organization, the highest $132,750 (KARON C NIXON, FORMER EXECUTIVE DIRECTOR).
- How much revenue does R L C CORP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $4,395,892, expenses of $4,243,726 and total assets of $7,739,016 at year end.
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