Mission
THE CORPORATION IS THE GENERAL PARTNER OF A PARTNERSHIP THAT OPERATES A 121-UNIT APARTMENT COMPLEX THAT PROVIDES RENTAL HOUSING FOR THE BENEFIT OF ELDERLY RESIDENTS. RESIDENTS HAVE ACCESS TO SOME ACTIVITIES AND SOCIAL SERVICES.
Public Charity
MARTIN LUTHER TOWER INC
MARTIN LUTHER TOWER INC, of SAN FRANCISCO, CA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.5M in revenue, $1.6M in expenses, $16.9M in total assets. 7 publicly reported grants to this organization, totaling roughly $732K, appear in IRS filings.
EIN: 946108510
SAN FRANCISCO, CA
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2024
Total Revenue$1.5M
Total Expenses$1.6M
Total Assets$16.9M
Grant Records7
Funding Total$732K
Filing Years2019–2024
Where $100 goes at Martin Luther Tower Inc
How Martin Luther Tower Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$86
Programs
the work itself
$14
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 $86 for programs
$86
Interest income and investment in low income housing rental real estate, which includes resident and social services for tenants
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.
Sample Grants Received
For acquisition construction and development of affordable housing for aged individuals of low income
$52,478
For grant recipient's exempt purposes
$7,650
For acquisition construction and development of affordable housing for aged individuals of low income.
$164,799
CONTRIBUTION
$25,000
For acquisition construction and development of affordable housing for aged individuals of low income.
$432,333
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Barbara Bock
BOARD MEMBERS
Barbara Engmann
TREASURER
Gerald Lundblad
BOARD MEMBERS
Jon Moeller
BOARD MEMBERS
Lyle Beckman
BOARD MEMBERS
Nancy Nielsen
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.5M | $1.6M | $16.9M |
| 2023 | $1.7M | $1.7M | $15.8M |
| 2022 | $1.5M | $917K | $14.4M |
| 2020 | $964K | $1.4M | $13.4M |
| 2019 | $1.1M | $1.4M | $13.2M |
Between 2019 and 2024, reported annual revenue grew from $1.1M to $1.5M (+32%), with total assets most recently reported at $16.9M.
Interactive year-over-year charts and full filing details available with membership.