Overview
What is Jane Smith Corporation?
The Jane Smith Corporation, located in Parsippany, New Jersey, is a HUD 811 organization. Its primary mission is to provide affordable housing for individuals struggling with mental illness. During the recent year, they accommodated five tenants within their building. As a HUD 811 organization, they offer a supportive living environment for those in need, promoting their well-being and independence.
Official website here: www.communityhope-nj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
Jane Smith Corporation has earned an 82% score from Charity Navigator, reflecting a strong emphasis on accountability and finance. The organization received high marks for having a fully independent board, effective policies in place, and transparency regarding its governance. Operating with a program expense ratio of 100%, the charity demonstrates a strong commitment to channeling its resources into its programs.
However, the charity does face a significant concern regarding its financial stability, as indicated by a liabilities to assets ratio of 104.32%. This suggests that the organization has more liabilities than it possesses in assets, which could pose risks to its long-term sustainability. Despite this limitation, the overall scores in accountability and program management highlight the charity's commitment to effective governance practices.
In conclusion, while Jane Smith Corporation showcases commendable practices in its operations and governance, potential donors may want to consider its financial health when evaluating the organization for support. The strong governance structures in place provide a solid foundation, but the financial concerns warrant careful consideration.
This AI summary has been generated from information found on Charity Navigator.
Is Jane Smith Corporation legitimate?
Jane Smith Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jane Smith Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.communityhope-nj.org
What is the mission statement of Jane Smith Corporation?
The Jane Smith Corporation serves as a HUD 811 organization, providing affordable housing for individuals struggling with mental illness. Their mission is to subsidize housing, making it more accessible for this specific group of people. The organization's primary objective is to offer a living space that is financially attainable for individuals battling mental health issues. During the year, the corporation housed five tenants in their building.
Official website here: www.communityhope-nj.org
Who is the CEO of Jane Smith Corporation?
Carmine V Deo is the Board Treasurer of Jane Smith Corporation.
Official website here: www.communityhope-nj.org
What is the revenue of Jane Smith Corporation?
Jane Smith Corporation's revenue in 2020 was $34,645.
Official website here: www.communityhope-nj.org
Who are the executives of Jane Smith Corporation and what are their salaries?
There 4 volunteers at Jane Smith Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $150,623
- Other: $11,260
Official website here: www.communityhope-nj.org
Where can I find the form 990 for Jane Smith Corporation?
Jane Smith Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.communityhope-nj.org
Learn more at the official website: www.communityhope-nj.org
Mission Statement of Jane Smith Corporation
The Jane Smith Corporation, as a HUD 811 organization, is dedicated to providing affordable housing for individuals grappling with mental illness. This nonprofit's mission is to subsidize housing, ensuring that affected individuals have a place to call home without the financial burden often associated with such accommodations. By doing so, the Jane Smith Corporation seeks to contribute to the well-being and stability of these individuals, providing them with a much-needed sanctuary. During the recent calendar year, the organization housed five tenants within its facilities, demonstrating its commitment to its mission.
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Impact
August, 2024
The Jane Smith Corporation's impact lies in providing essential affordable housing to individuals suffering from mental illness. Through its HUD 811 subsidized housing program, the organization supports those in need by offering a stable and secure living environment. With a mission focused on addressing the housing challenges faced by individuals dealing with mental health issues, the Jane Smith Corporation plays a crucial role in enhancing the quality of life for its tenants. By ensuring access to affordable housing, the organization contributes to the well-being and stability of its community members, fostering a sense of security and support.
This information is meant to be a general summary of Jane Smith Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $358
- Program Service Revenue: $10,258
- Gross Receipts: $34,645
Assets and Liabilities:
- Total Assets: $363,613
- Total Liabilities: $379,326
- Net Assets: -$15,713
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FEES
Revenue
$10,258
Organization Details
Founding Year
2002
Phone
(973) 463-9600Principal Officer
Carmine V Deo
Main Address
959 ROUTE 46 EAST, PARSIPPANY, NJ, 07054
Website
www.communityhope-nj.orgNTEE Category
Code: L21 - Housing
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