Skip to main content

Nonprofit · EIN 58-1354973

BROADWAY TOWERS INC

Tax-exempt · ATLANTA, GA 31145

Financials

$12.8M$2.8M2023$2.6M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of BROADWAY TOWERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,641,712$1,821,027$820,685$26,963,007$3,727,025$23,235,982
December 31, 2023990$12,784,458$2,761,174$10,023,284$26,270,124$3,854,827$22,415,297
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,693,608
Investment income
$939,276
Net gain from sales of assets
-$1,867
Other revenue
$8,828

Expenses

Grants and similar amounts paid
$272,000
Other salaries and wages
$251,726
Salaries, compensation and benefits (total)
$324,045
Professional fundraising fees
$0
Legal fees
$1,559
Accounting fees
$37,568
Occupancy
$553,184
Travel
$494
Depreciation
$163,056
Program services (functional)
$1,708,345
Management and general (functional)
$112,682

Balance sheet and other

Total assets, start of year
$26,270,124
Total assets, end of year
$26,963,007
Total liabilities, end of year
$3,727,025
Net assets, end of year
$23,235,982
Land, buildings and equipment
$3,193,105
Net assets without donor restrictions
$23,235,982
Gross receipts
$2,643,579
Employees
0
Volunteers
8
Year formed
1979
State of legal domicile
TN

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
GERALD EICKHOFFPRESIDENT
Trustee or director, Officer
0.5$0
JOSEPH F GLENNVICE PRESIDENT
Trustee or director, Officer
0.5$0
ELIZABETH C GLENNSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
EARLEEN ABERNATHYASSISTANT SECRETARY/VICE PRESIDENT
Trustee or director, Officer
0.5$0
ROBERT L REINHARTDIRECTOR
Trustee or director
0.5$0
KIM DELACEYDIRECTOR
Trustee or director
0.5$0
LARRY GAY REAGINDIRECTOR
Trustee or director
0.5$0
REBECCA BUMMDIRECTOR
Trustee or director
0.5$0
BARRY BUMMDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
GERALD EICKHOFFPRESIDENT
Trustee or director, Officer
0.5$0
JOSEPH F GLENNVICE PRESIDENT
Trustee or director, Officer
0.5$0
ELIZABETH C GLENNSECRETARY/TREASURER
Trustee or director, Officer
0.5$0
ROBERT L REINHARTDIRECTOR
Trustee or director
0.5$0
KIM DELACEYDIRECTOR
Trustee or director
0.5$0
LARRY GAY REAGINDIRECTOR
Trustee or director
0.5$0
EARLEEN ABERNATHYDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
PO BOX 450049, ATLANTA, GA 31145-0049
In care of
% JOE GLENN
Principal officer (990 for 2024)
GERALD EICKHOFF, PO BOX 450049, ATLANTA, GA 31145
Signed the 990
GERALD EICKHOFF, PRESIDENT
Phone
(678) 330-2000
Return prepared by
MAULDIN & JENKINS LLC

Mission

MANAGEMENT OF 3 APARTMENT COMPLEXES FOR THE BENEFIT OF ELDERLY AND HANDICAPPED RESIDENTS.

990 for the year ended December 31, 2024

Program accomplishments

  • HOUSING FOR THE ELDERLY AND SELF SUFFICIENT HANDICAPPED IN ACCORDANCE WITH THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S 202 HOUSING PROGRAM AND ANY CHARITABLE, EDUCATIONAL, RELIGIOUS, OR SCIENTIFIC PURPOSES ALLOWED UNDER SECTION 501(C)(3) OF THE IRC OF 1986 AS AMENDED.
    Expenses $1,436,345 · revenue $1,693,608
  • TO PROVIDE FINANCIAL ASSISTANCE TO OTHER ENTITIES WHOSE PURPOSE IS CHARITABLE, EDUCATIONAL, RELIGIOUS, OR SCIENTIFIC AS ALLOWED UNDER SECTION 501(C)(3).
    Expenses $272,000 · grants $272,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
58-1354973
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
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$26,963,007
Income (IRS master file)
$2,643,579

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,641,712$1,821,027$26,963,007XML
990December 2023$12,784,458$2,761,174$26,270,124XML
990December 2022$3,394,281$2,625,272$17,793,072IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 58-1354973).

Questions about BROADWAY TOWERS INC

What is the EIN of BROADWAY TOWERS INC?
The employer identification number (EIN) of BROADWAY TOWERS INC is 58-1354973.
Is BROADWAY TOWERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
Are donations to BROADWAY TOWERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BROADWAY TOWERS 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 BROADWAY TOWERS INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BROADWAY TOWERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BROADWAY TOWERS INC?
The 990 for the year ended December 31, 2024 names GERALD EICKHOFF.
Who are the officers and directors of BROADWAY TOWERS INC?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does BROADWAY TOWERS INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,641,712, expenses of $1,821,027 and total assets of $26,963,007 at year end.

Other nonprofits in ATLANTA

All nonprofits in ATLANTA · Georgia · Housing and shelter