Jack Kenny Memorial Housing Dev Fund Corp

Jack Kenny Apartments

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

EIN: 141557905 ✦ Plantation, FL ✦ Designated as a 501(c)(3)

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Overview

What is Jack Kenny Memorial Housing Dev Fund Corp?

Jack Kenny Memorial Housing Dev Fund Corp is a nonprofit organization located in Plantation, Florida. Their primary mission is to provide affordable housing for the elderly and disabled, overseen and supported by the Department of Housing and Urban Development (HUD). With a dedicated workforce of four individuals, they manage housing units that cater to this specific demographic, ensuring they have a safe and comfortable living environment. Their operations, known as Jack Kenny Apartments, play a significant role in supporting this vulnerable population in the community.


Official website here: www.ehdoc.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

Jack Kenny Memorial Housing Development Fund Corporation has received a two-star rating from Charity Navigator, indicating that the organization requires improvement. While it boasts a perfect accountability and finance score of 100%, the overall score of 61% reflects concerns in areas such as governance and transparency. Significant strengths include a majority of independent board members and a thorough audit and oversight committee, which suggests a solid foundation in governance practices.

However, the organization faces notable challenges, particularly in the absence of key policies such as a conflict of interest policy, a whistleblower policy, and guidelines for document retention and destruction. Additionally, the lack of publicly available tax forms on its website raises concerns about transparency. The liabilities to assets ratio, standing at 128.19%, further highlights financial stability issues that potential donors should consider.

Overall, while Jack Kenny Memorial Housing Development Fund Corporation demonstrates strong accountability and independent oversight, it must address critical governance gaps and financial metrics to improve its standing and efficacy in fulfilling its mission.


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

Is Jack Kenny Memorial Housing Dev Fund Corp legitimate?

Jack Kenny Memorial Housing Dev Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jack Kenny Memorial Housing Dev Fund 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: $154,429

For more financial information, click here


Official website here: www.ehdoc.org

What is the mission statement of Jack Kenny Memorial Housing Dev Fund Corp?

The Jack Kenny Memorial Housing Dev Fund Corp's mission is centered around providing affordable housing for the elderly and individuals with disabilities. This mission is carried out under the guidance and support of the Department of Housing and Urban Development (HUD). The organization's primary goal is to ensure that these vulnerable groups have access to suitable living environments, thereby contributing to their well-being and overall quality of life. The operation of these housing units is regulated and assisted by HUD, ensuring that the standards of living for the residents are maintained and improved over time.


Official website here: www.ehdoc.org

Who is the CEO of Jack Kenny Memorial Housing Dev Fund Corp?

Melanie Ribeiro is the Director of Jack Kenny Memorial Housing Dev Fund Corp.


Official website here: www.ehdoc.org

What is the revenue of Jack Kenny Memorial Housing Dev Fund Corp?

Jack Kenny Memorial Housing Dev Fund Corp's revenue in 2022 was $764,279.


Official website here: www.ehdoc.org

Who are the executives of Jack Kenny Memorial Housing Dev Fund Corp and what are their salaries?

The average compensation at Jack Kenny Memorial Housing Dev Fund Corp during 2022 was $38,607. There are 4 employees at Jack Kenny Memorial Housing Dev Fund Corp.


Here are 8 key members and their salaries:


Melanie Ribeiro (Director)
  • Compensation: $0
  • Related: $346,895
  • Other: $110,937
Edward Romero (Director)
  • Compensation: $0
  • Related: $24,000
  • Other: $0
Maria C Cordone (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Fransetta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Giffi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Holayter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erica Schmelzer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher M Shelton (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ehdoc.org

Where can I find the form 990 for Jack Kenny Memorial Housing Dev Fund Corp?

Jack Kenny Memorial Housing Dev Fund Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ehdoc.org

Learn more at the official website: www.ehdoc.org

Mission Statement of Jack Kenny Memorial Housing Dev Fund Corp

The Jack Kenny Memorial Housing Development Fund Corporation is committed to providing affordable housing for the elderly and individuals with disabilities. This mission is carried out under the regulation and assistance of the Department of Housing and Urban Development (HUD). The organization operates to cater to the housing needs of this specific demographic, ensuring they have a secure living environment.

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Impact




October, 2024

Jack Kenny Memorial Housing Dev Fund Corp significantly impacts the community by operating low-income housing specifically designed for the elderly and handicapped. By providing affordable housing options in Plantation, FL, the organization ensures that vulnerable populations have access to safe and stable living environments. This initiative addresses critical housing needs, allowing elderly and disabled individuals to maintain their independence while receiving the necessary support. Furthermore, the organization operates under the regulations and assistance of the Department of Housing and Urban Development (HUD), ensuring that their services meet essential standards and comply with federal requirements. The work done by Jack Kenny Memorial Housing Dev Fund Corp fosters a sense of community, security, and dignity for its residents, ultimately enhancing their quality of life.




This information is meant to be a general summary of Jack Kenny Memorial Housing Dev Fund 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.

Revenue
$764,279 (2022)
Expenses
$830,880 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $600
  • Program Service Revenue: $754,639
  • Gross Receipts: $764,279

Assets and Liabilities:

  • Total Assets: $1,691,146
  • Total Liabilities: $2,168,047
  • Net Assets: -$476,901

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Programs

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

TENANT RENT

Revenue

$627,441

TENANT ASSISTANCE PAYMENTS

Revenue

$127,198

Organization Details

Founding Year

1972

Principal Officer

Melanie Ribeiro

Main Address

1200 SOUTH PINE ISLAND ROAD STE 725, PLANTATION, FL, 33324

NTEE Category

Code: L22 - Housing

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