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Filing year 2023

THE TOWERS FOUNDATION INC

New Haven, Connecticut·EIN 06-1331831·3
Total revenue
$1.1M
Total assets
$2.9M
Total expenses
$1.4M
Reported officers
21
Mission

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 · Schedule J · 4 reported individuals · Filing year 2023

$28k
$32k
Vice President
vice president
$27k
$30k
Vice President of Strategic Initiatives
vice president
$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.

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