Overview
What is Jamaica Plain Non-Profit Housing Corp?
Jamaica Plain Non-Profit Housing Corp is a Massachusetts-based nonprofit organization, established in 2000 through Cooperative Services, Inc., a Michigan nonprofit cooperative. The primary mission of this organization is to provide housing facilities for low-income senior citizens. It was formed with the purpose of constructing and operating an apartment project, comprising 62 units, situated in Jamaica Plain, Massachusetts. This endeavor is done in collaboration with the US Department of Housing and Urban Development. The corporation's central objective is to offer affordable living spaces to senior citizens, contributing to the well-being of this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star Rating
Jamaica Plain Non-Profit Housing Corp has achieved an impressive 94% rating from Charity Navigator, indicating a high level of accountability and financial health. This score reflects a commitment to transparency, with all aspects of the organization's financial practices rated positively, particularly in governance and program expenses, where 83.45% of expenditures are directly allocated to its programs.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, which supports a strong governance structure. Additionally, the presence of an Audit and Oversight Committee further enhances its financial accountability, with no material diversion of assets reported. The implementation of various policies, such as conflict of interest and whistleblower protections, underscores its dedication to ethical practices.
While the organization demonstrates strong financial management and governance, it's important to note that the overall score is based solely on the Accountability & Finance beacon. This focus may overlook other aspects of the organization’s impact or community engagement, which could provide a more comprehensive view of its effectiveness in fulfilling its mission. Overall, Jamaica Plain Non-Profit Housing Corp stands out for its financial practices and governance, contributing positively to its community.
This AI summary has been generated from information found on Charity Navigator.
Is Jamaica Plain Non-Profit Housing Corp legitimate?
Jamaica Plain Non-Profit Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jamaica Plain Non-Profit Housing Corp 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
What is the mission statement of Jamaica Plain Non-Profit Housing Corp?
Jamaica Plain Non-Profit Housing Corp's mission is centered around providing housing facilities for low-income senior citizens. Established as a non-profit organization, it aims to offer suitable living spaces for this specific demographic, in collaboration with the U.S. Department of Housing and Urban Development. The corporation's activities are focused on addressing the housing needs of elderly individuals with limited income, thereby contributing to their well-being. The organization's mission reflects a commitment to supporting this vulnerable group, ensuring they have access to decent and affordable housing.
What is the revenue of Jamaica Plain Non-Profit Housing Corp?
Jamaica Plain Non-Profit Housing Corp's revenue in 2024 was $886,076.
Who are the executives of Jamaica Plain Non-Profit Housing Corp and what are their salaries?
There 23 volunteers at Jamaica Plain Non-Profit Housing Corp.
Here are 23 key members and their salaries:
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- Related: $199,608
- Other: $37,025
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- Other: $65,434
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- Related: $169,810
- Other: $39,866
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- Related: $178,661
- Other: $27,532
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- Related: $194,788
- Other: $52,900
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- Related: $194,673
- Other: $63,515
- Compensation: $0
- Related: $178,523
- Other: $50,953
Where can I find the form 990 for Jamaica Plain Non-Profit Housing Corp?
Jamaica Plain Non-Profit Housing Corp's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Jamaica Plain Non-Profit Housing Corp
Jamaica Plain Non-Profit Housing Corp, a Massachusetts-based organization, is committed to providing housing facilities for low-income senior citizens. Established in collaboration with the U.S. Department of Housing and Urban Development, this non-profit corporation constructs and operates apartment projects, offering these living spaces to elderly individuals with limited financial means. The corporation's mission is deeply rooted in the belief that every senior citizen deserves a safe and comfortable living environment, regardless of their income level. By providing affordable housing, Jamaica Plain Non-Profit Housing Corp contributes significantly to the well-being and dignity of its residents, enabling them to live independently and with a sense of security.
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Impact
July, 2024
Jamaica Plain Non-Profit Housing Corp's impact lies in providing housing facilities for low-income senior citizens in Jamaica Plain, Massachusetts. Through its mission to offer affordable housing options to this vulnerable population, the organization plays a crucial role in addressing housing insecurity and improving the quality of life for seniors in need. By partnering with the US Department of Housing and Urban Development, the corporation is able to offer a supportive community for seniors, ensuring they have a safe and comfortable place to call home. Overall, Jamaica Plain Non-Profit Housing Corp's work contributes to creating a more inclusive and caring community for seniors in Jamaica Plain.
This information is meant to be a general summary of Jamaica Plain Non-Profit Housing Corp. 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 2024.
- Investment Income: $5,071
- Program Service Revenue: $307,937
- Gross Receipts: $886,076
Assets and Liabilities:
- Total Assets: $4,802,263
- Total Liabilities: $675,527
- Net Assets: $4,126,736
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$307,937
Organization Details
Founding Year
2000
Principal Officer
Cindy Lamb
NTEE Category
Code: L21 - Housing
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