Overview
What is Jackson Interfaith Non-Profit Housing Corporation?
Jackson Interfaith Non-Profit Housing Corporation is a charitable organization dedicated to addressing housing needs within the community. Specifically, they operate under the name King's Community Homes, offering affordable living solutions for families in need. This is accomplished through the management of public housing facilities, providing a vital service that ensures low-income individuals have access to suitable living arrangements. By prioritizing affordable housing, King's Community Homes plays a significant role in improving the living standards of those who might otherwise struggle to secure adequate accommodation.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Jackson Interfaith Non-Profit Housing Corporation has received a commendable Three-Star rating from Charity Navigator, reflecting an overall score of 82%. This score is primarily derived from their strong accountability and finance practices. The charity has demonstrated a solid commitment to transparency and effective governance, with a board consisting entirely of independent members and a well-documented governance structure.
The organization showcases excellent financial health, as indicated by a low liabilities to assets ratio of 4.07%, meaning they maintain a strong balance sheet. Furthermore, the program expense ratio stands at an impressive 100%, indicating that all of their expenses are directed towards their charitable programs, highlighting their dedication to their mission.
While the organization has excelled in accountability and financial management, it's essential to consider that the rating is based solely on financial metrics. Potential donors and stakeholders may wish to look for additional qualitative information regarding the organization's impact and community engagement to gain a complete understanding of its effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson Interfaith Non-Profit Housing Corporation legitimate?
Jackson Interfaith Non-Profit Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson Interfaith Non-Profit Housing 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
What is the mission statement of Jackson Interfaith Non-Profit Housing Corporation?
The Jackson Interfaith Non-Profit Housing Corporation, specifically its subsidiary King's Community Homes, is dedicated to providing affordable housing solutions. They accomplish this by operating as public housing facilities and offering programs that cater to low-income families, ensuring they have access to secure and comfortable living spaces. The organization's primary mission is to alleviate housing-related challenges for those in need, thereby contributing to a more equitable living situation for these families.
Who is the CEO of Jackson Interfaith Non-Profit Housing Corporation?
Fred Parker Sr is the President of Jackson Interfaith Non-Profit Housing Corporation.
What is the revenue of Jackson Interfaith Non-Profit Housing Corporation?
Jackson Interfaith Non-Profit Housing Corporation's revenue in 2022 was $932,062.
Who are the executives of Jackson Interfaith Non-Profit Housing Corporation and what are their salaries?
There 5 volunteers at Jackson Interfaith Non-Profit Housing Corporation.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Jackson Interfaith Non-Profit Housing Corporation?
Jackson Interfaith Non-Profit Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jackson Interfaith Non-Profit Housing Corporation
Jackson Interfaith Non-Profit Housing Corporation, often referred to as King's Community Homes, is committed to providing affordable housing solutions. The organization accomplishes this mission by operating as public housing facilities and offering programs that cater to low-income families, ensuring they have access to suitable living conditions. By providing affordable housing, King's Community Homes contributes to the betterment of the communities it serves, offering a stable living environment for families in need.
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Impact
October, 2024
Jackson Interfaith Non-Profit Housing Corporation significantly impacts the community by providing affordable housing options for low-income families through its King's Community Homes initiative. By operating public housing facilities, it ensures that families in Jackson, MI, have access to safe and stable living environments. This not only alleviates housing insecurity but also fosters community development and stability. The programs offered help families establish roots, access resources, and improve their overall quality of life, contributing to a stronger and more vibrant community.
This information is meant to be a general summary of Jackson Interfaith Non-Profit Housing 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 2022.
- Investment Income: $207
- Program Service Revenue: $250,627
- Gross Receipts: $932,062
Assets and Liabilities:
- Total Assets: $2,907,417
- Total Liabilities: $118,584
- Net Assets: $2,788,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$243,663
LATE CHARGES
Revenue
$6,927
OTHER INCOME
Revenue
$36
SD FORFEITED
Revenue
$1
Organization Details
Founding Year
1969
Phone
(269) 375-6300Principal Officer
Fred Parker Sr
Main Address
325 E MORRELL STREET, JACKSON, MI, 49201
NTEE Category
Code: L21 - Housing
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