Public Charity

SHALOM TOWERS INC C/O COMMUNITY REALTY MANAGEMENT INC

SHALOM TOWERS INC C/O COMMUNITY REALTY MANAGEMENT INC is a Public Charity headquartered in VENTNOR, NJ. Financial data from the 2025 filing: $2.8M revenue, $2.7M expenses, $5.1M total assets. 10 publicly reported grants to this organization, totaling roughly $482K, appear in IRS filings.

EIN: 222260993 VENTNOR, NJ Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$2.8M
Total Expenses$2.7M
Total Assets$5.1M
Grant Records10
Funding Total$482K
Filing Years2021–2025

Mission

TO PROVIDE DECENT, AFFORDABLE HOUSING FOR LOW-INCOME ELDERLY OR DISABLED ON A NON-PROFIT BASIS.

Where $100 goes at Shalom Towers Inc C/O Community Realty Management Inc

How Shalom Towers Inc C/O Community Realty Management Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$82
To provide decent, affordable housing for low-income elderly or disabled on a non-profit basis by operating a 150-unit apartment complex
96% of program spending
$3
To provide social services and other ancillary services to residents
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2025
TO FUND REPAIRS, MAINTAIN THE BUILDING, AND TO PROVIDE IMPROVEMENTS.
$35,000
2023
TO FUND REPAIRS, MAINTAIN THE BUILDING, AND TO PROVIDE IMPROVEMENTS.
$85,000
2022
TO FUND REPAIRS, MAINTAIN THE BUILDING, AND TO PROVIDE IMPROVEMENTS.
$35,000
2021
TO FUND REPAIRS, MAINTAIN THE BUILDING, AND TO PROVIDE IMPROVEMENTS.
$45,000
2020
TO FUND REPAIRS, MAINTAIN THE BUILDING, AND TO PROVIDE IMPROVEMENTS.
$30,000

Showing up to 5 of 10 total records — full history available with membership.

Officers & Directors

SECRETARY Elliott Kraus
TRUSTEE Faye Thompson
TRUSTEE Jim Cooper
TRUSTEE Mckinsey Alston
TRUSTEE Paul M Stanton
TRUSTEE Ryan Brenner

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$407,343 9 grants
Food Assistance & Nutrition
$75,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.8M $2.7M $5.1M
2024 $2.7M $2.6M $5.2M
2023 $2.6M $2.6M $3.9M
2022 $2.5M $2.5M $3.9M
2021 $2.5M $2.6M $4.0M

Between 2021 and 2025, reported annual revenue grew from $2.5M to $2.8M (+14%), with total assets most recently reported at $5.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for SHALOM TOWERS INC C/O COMMUNITY REALTY MANAGEMENT INC

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