Magnolia Towers Inc is a charitable organization in Orlando, Florida. Its tax id (EIN) is 59-1115878. It was granted tax-exempt status by IRS in February, 1965. For detailed information such as income and other financial data of Magnolia Towers Inc, refer to the following table.
| Organization Name | Magnolia Towers Inc |
|---|---|
| Tax Id (EIN) | 59-1115878 |
| Address | 80 W Lucerne Cir, Orlando, FL 32801-3779 |
| All tax-exempt organizations in zip code 32801 | |
| Tax Period | Asset | Income | Revenue |
|---|---|---|---|
| June, 2013 | $1,610,249 | $750,740 | $742,018 |
| June, 2015 | $1,317,414 | $774,354 | $763,812 |
| June, 2016 | $1,204,627 | $781,043 | $779,871 |
| June, 2017 | $1,262,425 | $677,506 | $675,404 |
| June, 2018 | $1,439,974 | $613,391 | $608,183 |
| June, 2019 | $2,253,732 | $708,051 | $708,051 |
| June, 2020 | $3,076,328 | $992,813 | $992,813 |
| June, 2021 | $3,326,112 | $1,125,629 | $1,125,629 |
| June, 2022 | $3,189,456 | $1,187,477 | $1,187,477 |
| June, 2023 | $3,314,666 | $1,328,660 | $1,325,497 |
| IRS Exempt Status Ruling Date | February, 1965 |
|---|---|
| Exempt Status | Unconditional Exemption |
| Deductibility | Contributions are deductible |
| Tax Exempt Classification | Housing, Shelter |
| Tax Exempt Activity | Senior Citizens' Housing/Retirement Communities |
| NTEE Code | L22 |
| Organization's purposes, activities, & operations |
Housing for the aged (see also 153)
(note: this activity classification has been replaced by the Tax Exempt Classification shown above since 1995.) |
| Foundation Type | Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2) |
| Organization Type | Corporation |
| Organization Classification | Charitable Organization |
| Affiliation | Independent - This organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
| Primary Return(s) Required to File | 990 (all other) or 990EZ return |
| Private Foundation Filing Requirement | No need to 990-PF return |
| Asset Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Income Range Reported on Form 990 | $1,000,000 to 4,999,999 |
| Accounting Period | 06 |