Overview
What is Jdc Corporation C/O The Cove Center?
Jdc Corporation C/O The Cove Center is a nonprofit organization situated in Providence, Rhode Island, at 610 Manton Avenue. Their primary mission is to provide housing for individuals with disabilities who fall under the low-income category, as per Section 811 of the National Housing Act. Specifically, they manage six units of housing that cater to this specific demographic. The organization's work is dedicated to promoting inclusive and accessible living environments for those who require additional support.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83%, Three-Star out of Four Stars
Jdc Corporation C/O The Cove Center has achieved an 83% rating, reflecting a strong focus on accountability and finance. This rating is derived entirely from the organization's Accountability & Finance score, which indicates a well-managed nonprofit. The highest scores were achieved in categories such as having a majority of independent board members and a solid program expense ratio, showcasing effective governance and dedication to its mission.
Strengths of the organization include its fully independent board and a clean record regarding the diversion of assets, indicating a commitment to ethical practices. Additionally, the nonprofit demonstrates a robust financial structure with a low liabilities to assets ratio, which is crucial for long-term stability. The transparency shown by having a listed website and proper documentation retention practices further enhances its credibility.
While the organization has performed well in its accountability metrics, there's no insight provided into its programmatic impact or community engagement, which could be areas for potential growth. Nonetheless, the strong financial management and governance structures suggest that Jdc Corporation C/O The Cove Center is on a solid foundation to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Jdc Corporation C/O The Cove Center legitimate?
Jdc Corporation C/O The Cove Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jdc Corporation C/O The Cove Center 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
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Official website here: www.none
What is the mission statement of Jdc Corporation C/O The Cove Center?
The mission of Jdc Corporation C/O The Cove Center, as outlined, is centered around providing housing for individuals with disabilities who fall under the lower and moderate income brackets, in accordance with Section 811 of the National Housing Act. This organization is dedicated to creating and maintaining six units of housing specifically designed for this group. The primary goal is to ensure that individuals with disabilities have access to safe and comfortable living spaces, thereby enhancing their quality of life.
Official website here: www.none
What is the revenue of Jdc Corporation C/O The Cove Center?
Jdc Corporation C/O The Cove Center's revenue in 2024 was $64,626.
Official website here: www.none
Who are the executives of Jdc Corporation C/O The Cove Center and what are their salaries?
There 4 volunteers at Jdc Corporation C/O The Cove Center.
Here are 4 key members and their salaries:
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Jdc Corporation C/O The Cove Center
Jdc Corporation C/O The Cove Center is dedicated to providing housing for individuals with disabilities, adhering to Section 811 of the National Housing Act. Their mission is centered around providing housing for low and moderate income persons living with disabilities, ensuring they have a safe and comfortable living space. With six units of housing available, this nonprofit organization is committed to making a significant impact in the lives of those who require specialized accommodations. By offering housing under Section 811, Jdc Corporation C/O The Cove Center is contributing to a more inclusive and accessible community for individuals with disabilities.
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Impact
August, 2024
Jdc Corporation C/O The Cove Center's impact can be seen through its provision of 6 units of housing for disabled low-income persons in Providence, Rhode Island. By offering housing specifically designed for individuals with disabilities under Section 811 of the National Housing Act, the organization is addressing a critical need within the community. This initiative not only provides much-needed housing support but also contributes to promoting independence and quality of life for those with disabilities. Additionally, Jdc Corporation C/O The Cove Center's focus on serving low and moderate-income individuals underscores its commitment to ensuring that all individuals have access to safe and affordable housing options.
This information is meant to be a general summary of Jdc Corporation C/O The Cove Center. 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: $4
- Program Service Revenue: $64,512
- Gross Receipts: $64,626
Assets and Liabilities:
- Total Assets: $374,182
- Total Liabilities: $57,721
- Net Assets: $316,461
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENTAL SUBSIDIES
Revenue
$34,487
TENANT RENTS
Revenue
$30,025
Organization Details
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