Public Charity

VERDUGO TOWER INC

VERDUGO TOWER INC is a Public Charity headquartered in PASADENA, CA. Financial data from the 2025 filing: $2.7M revenue, $1.3M expenses, $6.4M total assets. 8 publicly reported grants to this organization, totaling roughly $1.2M, appear in IRS filings.

EIN: 954401836 PASADENA, CA Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$2.7M
Total Expenses$1.3M
Total Assets$6.4M
Grant Records8
Funding Total$1.2M
Filing Years2021–2025

Mission

TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND HANDICAPPED PERSONS.

Where $100 goes at Verdugo Tower Inc

How Verdugo Tower Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$24 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 $76 for programs

$76
The organization is a non-profit apartment complex renting to low income, handicapped or elderly persons
All 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

2024
TO PROVIDE SUPPORT FOR BUILDING REPAIRS AND LOAN FEES TO REFINANCE THE BUILDING.
$729,954
2024
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
$7,050
2023
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
$5,050
2022
TO PROVIDE SUPPORT FOR BUILDING REPAIRS AND LOAN FEES TO REFINANCE THE BUILDING.
$420,089
2020
TO SUPPORT LOW INCOME HOUSING FOR THE ELDERLY
$5,244

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

DIRECTOR Brian Casey
DIRECTOR Carolyn English
DIRECTOR Dave Smith
PRESIDENT Elvan Moen
TREASURER Jane Casey
DIRECTOR Karen Kolus

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,150,043 2 grants
Housing & Homelessness
$38,319 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.7M $1.3M $6.4M
2024 $1.1M $1.2M $5.0M
2023 $1.5M $1.2M $5.2M
2022 $994K $1.2M $4.9M
2021 $989K $1.2M $5.2M

Between 2021 and 2025, reported annual revenue grew from $989K to $2.7M (+172%), with total assets most recently reported at $6.4M.

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

See the full picture for VERDUGO TOWER INC

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