Mission
THE MISSION OF GLENCROFT TOWERS I IS TO PROVIDE A BROAD CONTINUUM HIGH QUALITY HUD SUBSIDIZED HOUSING TO SENIORS IN A MANNER THAT DEMONSTRATES LOVE AND COMPASSION.
Public Charity
GLENCROFT TOWERS I INC
Based in GLENDALE, AZ, GLENCROFT TOWERS I INC operates as a Public Charity. The organization reported $4.0M in revenue, $4.2M in expenses, $4.4M in total assets for fiscal year 2024.
EIN: 860861606
GLENDALE, AZ
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2024
Total Revenue$4.0M
Total Expenses$4.2M
Total Assets$4.4M
Grant Records0
Filing Years2019–2024
Where $100 goes at Glencroft Towers I Inc
How Glencroft Towers I Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$91
Programs
the work itself
$9
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 $91 for programs
$91
Independent living services -the organization owns and operates a 103-unit affordable housing apartment complex in Glendale, arizona operating under the name glencroft towers
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TREASURER
Brian Hollrah
CHAIR
Cathy Eckstein
CFO - LEFT 01/2024
Don May
DIRECTOR
Dr Jacquelyn Smith
DIRECTOR
Dr Pete Patterson
DIRECTOR
Dr Sheri Brownstein
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.0M | $4.2M | $4.4M |
| 2023 | $4.4M | $4.6M | $4.8M |
| 2022 | $3.5M | $3.6M | $5.1M |
| 2020 | $2.6M | $3.2M | $5.3M |
| 2019 | $2.5M | $3.2M | $5.4M |
Between 2019 and 2024, reported annual revenue grew from $2.5M to $4.0M (+57%), with total assets most recently reported at $4.4M.
Interactive year-over-year charts and full filing details available with membership.