Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 71-0508917

LEVI TOWERS INC

Tax-exempt · HOT SPRINGS, AR 71901

Financials

$1.2M$1.2M2022$1.3M$1.1M2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of LEVI TOWERS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,329,859$1,152,340$177,519$2,853,462$2,725,682$127,780
September 30, 2024990$1,270,464$1,141,476$128,988$2,869,644$2,919,383-$49,739
September 30, 2023990$1,247,882$1,150,100$97,782$2,963,638$3,142,365-$178,727
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$879,788
of which government grants
$879,788
Program service revenue
$442,478
Investment income
$1,303
Other revenue
$6,290

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$14,400
Occupancy
$6,918
Depreciation
$145,141
Program services (functional)
$921,871
Management and general (functional)
$230,469

Balance sheet and other

Total assets, start of year
$2,869,644
Total assets, end of year
$2,853,462
Total liabilities, end of year
$2,725,682
Net assets, end of year
$127,780
Land, buildings and equipment
$928,563
Net assets without donor restrictions
$127,780
Gross receipts
$1,329,859
Employees
0
Year formed
2012
State of legal domicile
AR

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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
GARY LAXPresident
Trustee or director, Officer
1$0
SUSAN SIEGELSecretary
Trustee or director, Officer
1$0
MARK FLEISCHNERDirector
Trustee or director
1$0
GAIL GREENBERGDirector
Trustee or director
1$0
JOYCE L CRAFTDirector
Trustee or director
1$0
MILLIE BARON STOYANOVDirector
Trustee or director
1$0
CAROLYN JOHNSONDirector
Trustee or director
1$0
CAROLYN JACKSONMgmt. Agent
Officer
5$0
990 for the year ended September 30, 2024: 9 people
NameTitleHours / weekCompensation
GARY LAXPresident
Trustee or director, Officer
1$0
SUSAN SIEGELSecretary
Trustee or director, Officer
1$0
MARK FLEISCHNERDirector
Trustee or director
1$0
GAIL GREENBERGDirector
Trustee or director
1$0
JOYCE L CRAFTDirector
Trustee or director
1$0
MILLIE BARON STOYANOVDirector
Trustee or director
1$0
FRAN REPHANDirector
Trustee or director
1$0
CAROLYN JOHNSONDirector
Trustee or director
1$0
CAROLYN JACKSONProp. Manager
Officer
5$0
990 for the year ended September 30, 2023: 9 people
NameTitleHours / weekCompensation
GARY LAXPresident
Trustee or director, Officer
1$0
SUSAN SIEGELSecretary
Trustee or director, Officer
1$0
MARK FLEISCHNERDirector
Trustee or director
1$0
GAIL GREENBERGDirector
Trustee or director
1$0
JOYCE L CRAFTDirector
Trustee or director
1$0
MILLIE BARON STOYANOVDirector
Trustee or director
1$0
FRAN REPHANDirector
Trustee or director
1$0
CAROLYN JOHNSONDirector
Trustee or director
1$0
DAVID WILSONProp.Manager
Officer
5$0

Address and contacts

Address (IRS master file)
240 PROSPECT AVENUE, HOT SPRINGS, AR 71901-4005
Principal officer (990 for 2024)
GARY LAX, PO BOX 638, HOT SPRINGS, AR 71902
Signed the 990
CAROLYN JACKSON, Mgmt. Agent
Phone
(501) 623-8419
Return prepared by
Kolder Slaven & Company LLC

Mission

OPERATION OF LOW INCOME, ELDERLY HOUSING PROJECT IN HOT SPRINGS, ARKANSAS.

990 for the year ended September 30, 2025

Program accomplishments

  • LEVI TOWERS, INC. (THE PROJECT) IS A NONPROFIT CORPORATION THAT OPERATES A LOW INCOME, ELDERLY HOUSING PROJECT IN HOT SPRINGS, ARKANSAS. THE PROJECT CONSISTS OF 102 APARTMENTS AND WAS REFINANCED UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED, AND IS ADMINISTERED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT IS ALSO SUBJECT TO A SECTION 8 HOUSING ASSISTANCE PAYMENTS AGREEMENT WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECTS RENTAL INCOME IS RECEIVED FROM HUD.
    Expenses $921,871 · revenue $1,329,859

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

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
71-0508917
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1978
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,853,462
Income (IRS master file)
$1,329,859

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,329,859$1,152,340$2,853,462XML
990September 2024$1,270,464$1,141,476$2,869,644XML
990September 2023$1,247,882$1,150,100$2,963,638XML
990September 2022$1,243,957$1,093,302$3,014,794IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 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 71-0508917).

Questions about LEVI TOWERS INC

What is the EIN of LEVI TOWERS INC?
The employer identification number (EIN) of LEVI TOWERS INC is 71-0508917.
Is LEVI TOWERS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to LEVI TOWERS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LEVI 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 LEVI TOWERS INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LEVI TOWERS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of LEVI TOWERS INC?
The 990 for the year ended September 30, 2025 names GARY LAX.
Who are the officers and directors of LEVI TOWERS INC?
The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does LEVI TOWERS INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,329,859, expenses of $1,152,340 and total assets of $2,853,462 at year end.

Other nonprofits in HOT SPRINGS

All nonprofits in HOT SPRINGS · Arkansas · Housing and shelter