Webster Towers Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
WEBSTER'S MISSION AS A NOT-FOR-PROFIT ENTITY IS TO PROVIDE AFFORDABLE HOUSING FOR ELDERLY RESIDENTS OF THE GREATER SCRANTON AREA OF PENNSYLVANIA, THAT IS COMFORTABLE, CLEAN, MODERN, AND SAFE. THE ORGANIZATION FULFILLS ITS MISSION BY CONTINUALLY REINVESTING IN THE AESTHETIC AND PHYSICAL QUALITY OF ITS 85 RESIDENTIAL UNITS, WHILE CHARGING RENTS THAT ARE CONSISTENTLY LOWER THAN PREVAILING MARKET RENT RATES IN THE REGION, THUS MAKING THE UNITS AFFORDABLE FOR CURRENT AND POTENTIAL TENANTS WITH LOWER INCOMES.
- Income
- $908,897
- Spending
- $807,019
- Spent on programs
- 100%
- Reserves
- 7.1 months of spending
- Largest source of income
- fees for its services, 96%
- Employees
- 3
- Volunteers
- 24
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 89 out of 100.
Reserves
28 of 35Spendable reserves would cover 7.1 months of spending.
Debt
16 of 20It owes 16% of what it owns.
Living within its means
15 of 15Income exceeded spending by 11% of income.
Income trend
15 of 15Income rose 13% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100.
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $807,019 spent. WEBSTER TOWERS PROVIDED 85 UNITS OF AFFORDABLE, COMFORTABLE, CLEAN, MODERN, AND SAFE HOUSING TO ELDERLY RESIDENTS OF THE CITY OF SCRANTON. THE ORGANIZATION MADE THE UNITS AFFORDABLE TO ITS ELDERLY TENANTS BY CHARGING MONTHLY RENTS IN COMPLIANCE WITH U.S. HUD GUIDELINES, WHICH WERE CONTINUALLY LOWER THAN PREVAILING MARKET RENTAL RATES. THE ORGANIZATION MADE ITS AFFORDABLE HOUSING COMFORTABLE, CLEAN, AND MODERN BY INVESTING 1,367,000 IN PROPERTY AND EQUIPMENT ADDITIONS AND RENOVATIONS DURING THE LAST 7 YEARS. AS A RESULT OF THESE ADDITIONS AND RENOVATIONS, THE ORGANIZATION'S HOUSING FACILITY IS A SOURCE OF PRIDE AND BEAUTY FOR ITS RESIDENTS AND THE COMMUNITY AT LARGE, WHILE STILL PROVIDING ELDERLY CITIZENS WITH LOWER INCOMES THE ABILITY TO RESIDE HERE.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Worth knowing.
Not individually listed by the IRS as eligible. The master file records contributions to it as deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending May 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1994.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.