THE PURPOSES OF THE CORPORATION ARE TO PROVIDE RESOURCES TO THE NEW HAVEN JEWISH COMMUNITY COUNCIL HOUSING CORPORATION (DBA THE TOWERS AT TOWER LANE AND REFERRED TO IN THESE BYLAWS AS "THE TOWERS") IN SUPPORT OF THE TOWERS' MISSION AS SET FORTH IN ARTICLE 2 OF ITS CERTIFICATE OF INCORPORATION ON FILE IN THE OFFICE OF THE SECRETARY OF THE STATE OF CONNECTICUT. IN CARRYING OUT ITS PURPOSES, THE CORPORATION SHALL ACT EXCLUSIVELY AS A SUPPORTING ORGANIZATION, AS DESCRIBED IN SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), BY OPERATING FOR THE BENEFIT OF, PERFORMING FUNCTIONS OF, OR CARRYING OUT PURPOSES OF THE TOWERS.) FURTHER PROVIDED, IN THE EVENT OF ANY CONFLICT BETWEEN THE PURPOSES SET FORTH IN THESE BYLAWS AND THOSE SET FORTH IN ITS CERTIFICATE OF INCORPORATION, THE PROVISIONS OF THE CERTIFICATE OF INCORPORATION SHALL PREVAIL.
Executive compensation
Form 990 · Part VII & Schedule J · 4 reported individuals · Filing year 2023
Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.
| Position | Total |
|---|---|
President & CEO 10th to 25th percentile | $28k $32k |
Vice President Board Vice President 25th percentile to median | $27k $30k |
CFO 10th to 25th percentile | $14k $15k |
Vice President of Strategic Initiatives Board Vice President 25th percentile to median | $13k $15k |
Teal figures restate each filed amount in 2026 dollars.
Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.
Plus 17 unpaid individuals.
Funded by
Private foundations whose Form 990-PF Part XV grants matched this organization.
Common questions about THE TOWERS FOUNDATION INC
What does the Chief Executive Officer of THE TOWERS FOUNDATION INC earn?
In 2023, the Chief Executive Officer of THE TOWERS FOUNDATION INC received $28,465 in total compensation. This pay is in the bottom quarter for Chief Executive Officer roles among nonprofits nationwide, across all sectors, above the lowest 10% of comparable filings. Based on IRS Form 990 data.
How does Chief Executive Officer pay at THE TOWERS FOUNDATION INC compare with similar nonprofits?
Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at THE TOWERS FOUNDATION INC falls between the 10th and 25th percentiles.
What are THE TOWERS FOUNDATION INC's revenue and expenses?
In 2023, THE TOWERS FOUNDATION INC reported $1.1M in total revenue and $1.4M in total expenses on its IRS Form 990.
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