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Jomar Of Zion Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 061640065 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

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Overview

What is Jomar Of Zion Inc?

Jomar Of Zion Inc, located in Milwaukee, Wisconsin, is a nonprofit organization dedicated to providing safe and affordable housing for elderly individuals aged 62 or older. With a focus on this specific demographic, the organization operates a 16-unit rental housing project that aims to meet their housing needs. The organization's mission is centered around ensuring the well-being and security of senior citizens, providing them with a suitable living environment.

What are the reviews and ratings of this charity?

Charity Navigator Rating: One-Star out of Four Stars (58%)

Jomar Of Zion Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The overall score is derived entirely from its Accountability & Finance metrics, where it scored 58%. While it shows strengths in areas such as having an independent board and a solid program expense ratio of 72.31%, there are notable weaknesses that have impacted its overall rating.

The organization performs well in governance aspects, evidenced by a fully independent board and proper documentation of board meeting minutes. However, critical areas such as the liabilities to assets ratio are concerning, with a high ratio of 248.77% reflecting financial instability. Additionally, the absence of essential policies, such as a conflict of interest policy and a whistleblower policy, raises questions about its operational transparency and organizational integrity.

Overall, while Jomar Of Zion Inc demonstrates some positive financial management practices, the lack of necessary governance documents and alarming financial ratios suggest the need for improvement in accountability processes. Stakeholders and potential donors should consider these factors when evaluating the charity's effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Jomar Of Zion Inc legitimate?

Jomar Of Zion Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jomar Of Zion Inc 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 Jomar Of Zion Inc?

Jomar Of Zion Inc, as an organization, is dedicated to providing safe and affordable housing solutions for individuals who are 62 years old or above. Their primary mission is to construct and manage housing projects that cater specifically to this age group, ensuring their safety and financial affordability. By offering such accommodations, Jomar Of Zion Inc aims to contribute positively to the well-being and comfort of the elderly population. The organization has already implemented this mission by building and operating a 16-unit rental housing project designed for elderly individuals.

Who is the CEO of Jomar Of Zion Inc?

Joan M Mueller is the Treasurer/Di of Jomar Of Zion Inc.

What is the revenue of Jomar Of Zion Inc?

Jomar Of Zion Inc's revenue in 2023 was $95,209.

Who are the executives of Jomar Of Zion Inc and what are their salaries?


Here are 4 key members and their salaries:


Robert L Burgdorf (Treasurer/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ritchie B Cole (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan M Mueller (President/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald L Weasler (Vice Pres./D)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jomar Of Zion Inc?

Jomar Of Zion Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Jomar Of Zion Inc

Jomar of Zion Inc, a nonprofit organization, is committed to providing a vital service. Their mission, in simple terms, is to ensure the availability of safe and affordable housing for individuals aged 62 or older. This mission is carried out through the construction and operation of a 16-unit rental housing project, specifically designed for this age group. The organization's goal is to provide a secure living environment that caters to the needs of this demographic, contributing to their overall well-being and quality of life.

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Impact




October, 2024

Jomar Of Zion Inc significantly impacts the Milwaukee community by addressing a critical need for safe and affordable housing for elderly individuals aged 62 and older. By constructing and operating a 16-unit rental housing project, the organization creates a supportive living environment that fosters independence and security for seniors. This initiative not only enhances the quality of life for its residents but also strengthens community ties by ensuring that elderly individuals have access to stable housing. The focus on affordable options helps alleviate the financial burden many seniors face, promoting social inclusion and wellbeing among the elderly population in Milwaukee.




This information is meant to be a general summary of Jomar Of Zion Inc. 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.

Revenue
$95,209 (2023)
Expenses
$158,170 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $25
  • Program Service Revenue: $95,075
  • Gross Receipts: $95,209

Assets and Liabilities:

  • Total Assets: $491,938
  • Total Liabilities: $1,223,830
  • Net Assets: -$731,892

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$54,745

TENANT ASSISTANCE PAYMENTS

Revenue

$40,330

Organization Details

Founding Year

2002

Principal Officer

Joan M Mueller

Main Address

7400 WEST BROWN DEER ROAD, MILWAUKEE, WI, 53223

NTEE Category

Code: S30 - Community improvement

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