MAGNOLIA TOWERS INC
Data sourced from IRS 990 public filings
MAGNOLIA TOWERS INC WE ARE A CHURCH RELATED, NON-PROFIT ORGANIZATION DEDICATED AND COMMITTED TO PROVIDING SERVICES FOR OLDER ADULTS BY CREATING AND PRESERVING EXCELLENT RESIDENTIAL FACILITIES. WE BELIEVE IN AND ARE COMMITTED TO HONORING EACH PERSON'S DIGNITY, RIGHTS, SELF-RESPECT AND INDEPENDENCE. WE ARE COMMITTED TO A PROGRAM OF STEWARDSHIP THAT RECOGNIZES THE RESPONSIBILITY TO USE OUR RESOURCES WELL.
MAGNOLIA TOWERS INC has received 5 grants from 4 known foundation funders. Revenue increased from $1,585,069 in 2023 to $1,682,942 in 2024. Most recent reported revenue: $1,682,942.
Annual Revenue
$1,682,942
Known Funders
4
Grants Received
5
Financial History
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1,682,942 | $1,877,221 | $3,454,619 |
| 2023 | $1,585,069 | $1,717,666 | $3,214,487 |
| 2022 | $1,325,497 | $1,704,890 | $3,314,666 |
| 2021 | $1,187,477 | $1,335,520 | $3,189,456 |
| 2020 | $1,125,629 | $1,334,085 | $3,326,112 |
| 2019 | $992,813 | $987,719 | $3,076,328 |
| 2018 | $708,051 | $878,798 | $2,253,732 |
| 2017 | $608,183 | $911,410 | $1,439,974 |
Top Funders
ORLANDO, FL
NASHVILLE, TN
PHOENIX, AZ
PHOENIX, AZ
ORLANDO, FL
Key Personnel
From 2024 IRS 990 filing
JOHN DEBEVOISE
DIRECTOR
LINDA SHELLEY
DIRECTOR
MEGAN FAUBEL
SECRETARY
JENNIFER MARTENS
CFO/TREASUR/
GARRY HENNIS
COO/EXECUTIV
HENRY KEITH
CFO/TREASUR/
HENRY KEITH
CEO/PRESIDEN
TERENCE ROGERS
CEO/PRESIDEN
JOHN HILLENMEYER
CHAIRMAN
DONALD DODDRIDGE
CHAIRMAN
Frequently Asked Questions
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