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Nonprofit · EIN 59-1466401

PALM AVENUE BAPTIST TOWER INC

Tax-exempt · TAMPA, FL 33602

Financials

$3.2M$3.2M2022$3.4M$3.4M2023$3.5M$3.6M2024$3.8M$3.9M2025
Revenue Expenses · by fiscal year end
Financials of PALM AVENUE BAPTIST TOWER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$3,829,525$3,915,536-$86,011$1,176,614$818,340$358,274
March 31, 2025990$3,458,815$3,591,867-$133,052$1,285,942$841,657$444,285
March 31, 2024990$3,360,464$3,370,668-$10,204$1,483,657$906,320$577,337
March 31, 2023990$3,154,100$3,211,500-$57,400$1,418,746$828,338$590,408
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$1,865,263
of which government grants
$1,865,263
Program service revenue
$1,934,839
Investment income
$7
Other revenue
$29,416

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$1,556,717
Salaries, compensation and benefits (total)
$1,849,589
Professional fundraising fees
$0
Accounting fees
$21,605
Occupancy
$1,118,512
Depreciation
$117,252
Program services (functional)
$3,750,302
Management and general (functional)
$165,234

Balance sheet and other

Total assets, start of year
$1,285,942
Total assets, end of year
$1,176,614
Total liabilities, end of year
$818,340
Net assets, end of year
$358,274
Land, buildings and equipment
$1,025,038
Net assets without donor restrictions
$358,274
Gross unrelated business income
$23,289
Gross receipts
$3,829,525
Employees
16
Year formed
1972
State of legal domicile
FL

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
DAVID JULIEDIRECTOR
Trustee or director
1$0
RANDALL STRAINPRESIDENT
Trustee or director, Officer
1$0
SALLY STRAINSECRETARY/TR
Trustee or director, Officer
1$0
990 for the year ended March 31, 2025: 4 people
NameTitleHours / weekCompensation
RUTH ANN CROSSDIRECTOR
Trustee or director
1$0
DAVID JULUEDIRECTOR
Trustee or director
1$0
RANDALL STRAINPRESIDENT
Trustee or director, Officer
1$0
SALLY STRAINSECRETARY/TR
Trustee or director, Officer
1$0
990 for the year ended March 31, 2024: 4 people
NameTitleHours / weekCompensation
RUTH ANN CROSSDIRECTOR
Trustee or director
1$0
DAVID JULUEDIRECTOR
Trustee or director
1$0
RANDAL STRAINPRESIDENT
Officer
2$0
SALLY STRAINSEC/TREAS
Officer
2$0
990 for the year ended March 31, 2023: 4 people
NameTitleHours / weekCompensation
RUTH ANN CROSSDIRECTOR
Trustee or director
1$0
DAVID JULUEDIRECTOR
Trustee or director
1$0
RANDAL STRAINPRESIDENT
Officer
2$0
SALLY STRAINSEC/TREAS
Officer
2$0

Address and contacts

Address (IRS master file)
215 E PALM AVE, TAMPA, FL 33602-2236
In care of
% RANDALL STRAIN
Principal officer (990 for 2025)
RANDALL STRAIN, 4016 W EL PRADO BLVD, TAMPA, FL 33629
Signed the 990
RANDALL STRAIN, PRESIDENT
Phone
(813) 805-9000
Return prepared by
PRIDA GUIDA & PEREZ PA

Mission

WE ARE A HUD SUBSIDIZED AND REGULATED APARTMENT BUILDING, PROVIDING AFFORDABLE HOUSING AND ASSISTED LIVING SERVICES TO LOW INCOME ELDERLY AND/OR HANDICAPPED PERSONS.

990 for the year ended March 31, 2026

Program accomplishments

  • 199 APARTMENTS LOW INCOME HUD HOUSING.
    Expenses $3,750,302 · revenue $1,934,839

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
59-1466401
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
1972
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,176,614
Income (IRS master file)
$3,829,525

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$3,829,525$3,915,536$1,176,614XML
990-TMarch 2026–––IRS
990March 2025$3,458,815$3,591,867$1,285,942XML
990-TMarch 2025–––IRS
990March 2024$3,360,464$3,370,668$1,483,657XML
990March 2023$3,154,100$3,211,500$1,418,746XML
990March 2022–––IRS
990-TMarch 2022–––IRS
990March 2021–––IRS
990-TMarch 2021–––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 59-1466401).

Questions about PALM AVENUE BAPTIST TOWER INC

What is the EIN of PALM AVENUE BAPTIST TOWER INC?
The employer identification number (EIN) of PALM AVENUE BAPTIST TOWER INC is 59-1466401.
Is PALM AVENUE BAPTIST TOWER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to PALM AVENUE BAPTIST TOWER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PALM AVENUE BAPTIST 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 PALM AVENUE BAPTIST 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 PALM AVENUE BAPTIST 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 PALM AVENUE BAPTIST TOWER INC?
The 990 for the year ended March 31, 2026 names RANDALL STRAIN.
Who are the officers and directors of PALM AVENUE BAPTIST TOWER INC?
The 990 for the year ended March 31, 2026 lists 3 people; 0 received compensation from the organization.
How much revenue does PALM AVENUE BAPTIST TOWER INC have?
On its 990 for the year ended March 31, 2026 it reported revenue of $3,829,525, expenses of $3,915,536 and total assets of $1,176,614 at year end.

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