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Nonprofit · EIN 58-1324092

FRIENDSHIP TOWER INC

Tax-exempt · ATLANTA, GA 30313

Financials

−$79K$02023−$261K$02024−$19K$02025
Revenue Expenses · by fiscal year end
Financials of FRIENDSHIP TOWER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990-$19,075$0-$19,075$724,312$3,371,353-$2,647,041
March 31, 2025990-$260,663$0-$260,663$440,412$3,068,378-$2,627,966
March 31, 2024990-$78,624$0-$78,624$642,910$3,010,213-$2,367,303
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$18
Net rental income
-$19,093
Other revenue
-$19,093

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0

Balance sheet and other

Total assets, start of year
$440,412
Total assets, end of year
$724,312
Total liabilities, end of year
$3,371,353
Net assets, end of year
-$2,647,041
Land, buildings and equipment
$500,152
Net assets without donor restrictions
-$2,647,041
Gross receipts
$1,545,228
Employees
3
Volunteers
0
Year formed
1970
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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
OPENBOARD CHAIR
Trustee or director
2$0
ROBERT BOZEMANVICE CHAIR
Trustee or director
2$0
GROVER C RANDLE JRSECRETARY
Trustee or director
2$0
CARTER COLEMAN JRTREASURER
Trustee or director
2$0
VIOLA BLACKSHEARDIRECTOR
Trustee or director
2$0
MC MOORE JRDIRECTOR
Trustee or director
2$0
990 for the year ended March 31, 2025: 6 people
NameTitleHours / weekCompensation
OPENBOARD CHAIR
Trustee or director
2$0
ROBERT BOZEMANVICE CHAIR
Trustee or director
2$0
GROVER C RANDLE JRSECRETARY
Trustee or director
2$0
CARTER COLEMAN JRTREASURER
Trustee or director
2$0
VIOLA BLACKSHEARDIRECTOR
Trustee or director
2$0
MC MOORE JRDIRECTOR
Trustee or director
2$0
990 for the year ended March 31, 2024: 6 people
NameTitleHours / weekCompensation
OPENBOARD CHAIR
Trustee or director
2$0
ROBERT BOZEMANVICE CHAIR
Trustee or director
2$0
GROVER C RANDLE JRSECRETARY
Trustee or director
2$0
CARTER COLEMAN JRTREASURER
Trustee or director
2$0
VIOLA BLACKSHEARDIRECTOR
Trustee or director
2$0
MC MOORE JRDIRECTOR
Trustee or director
2$0

Address and contacts

Address (IRS master file)
35 NORTHSIDE DR SW, ATLANTA, GA 30313-1436
Principal officer (990 for 2025)
Carter Coleman Jr, 35 Northside Drive, Atlanta, GA 30313
Signed the 990
CARTER COLEMAN JR, TREASURER/WILLIAM V. GUY-FRIENDSHIP
Phone
(404) 525-7666
Return prepared by
PWH GROUP PC

Mission

A CHURCH SPONSORED HOUSING FOR SENIORS AND HANDICAPPED INDIVIDUALS ENTITYS MISSION AS ESTABLISHED IN CONJUNCTION WITH THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT,IS TO PROVIDE SAFE,DECENT AND LOW

990 for the year ended March 31, 2026

Program accomplishments

  • OPERATING REVENUE AND EXPENSES ARE ASSOCIATED WITH THE RENTAL ACTIVITIES OF A MULTIFAMILY HOUSINH COMPLEX OPERATING UNDER THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SECTION 202 PROGRAM AS DESCRIBED UNDER THE US NATIONAL HOUSING ACT.0

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
58-1324092
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1978
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$724,312
Income (IRS master file)
$1,545,228

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026-$19,075$0$724,312XML
990March 2025-$260,663$0$440,412XML
990March 2024-$78,624$0$642,910XML
990March 2023-$25,206$0$465,419IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––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 58-1324092).

Questions about FRIENDSHIP TOWER INC

What is the EIN of FRIENDSHIP TOWER INC?
The employer identification number (EIN) of FRIENDSHIP TOWER INC is 58-1324092.
Is FRIENDSHIP TOWER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to FRIENDSHIP TOWER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does FRIENDSHIP TOWER INC 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 FRIENDSHIP TOWER INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDSHIP TOWER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of FRIENDSHIP TOWER INC?
The 990 for the year ended March 31, 2026 names Carter Coleman Jr.
Who are the officers and directors of FRIENDSHIP TOWER INC?
The 990 for the year ended March 31, 2026 lists 6 people; 0 received compensation from the organization.
How much revenue does FRIENDSHIP TOWER INC have?
On its 990 for the year ended March 31, 2026 it reported revenue of -$19,075, expenses of $0 and total assets of $724,312 at year end.

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