Overview
What is Jfm No 4 Corp?
Jfm No 4 Corp is a nonprofit organization situated in Auburn, Maine. Their primary mission is to offer affordable housing solutions to disabled adults, aligning their activities around catering to the specific needs of this demographic. They currently manage four residential units, providing a comfortable living space within their community.
Official website here: www.jfmhomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
Jfm No 4 Corp has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The charity's overall score is derived entirely from its accountability metrics, indicating a commitment to transparency and responsible financial practices. The organization boasts a 100% independent board, evidencing a robust governance structure.
The charity has also demonstrated exceptional financial health, with a low liabilities-to-assets ratio of 10.16% and a program expense ratio of 89.10%. This suggests that a significant majority of its funds are utilized for programs and services, rather than administrative costs. Additionally, the presence of established policies, including conflict of interest and whistleblower protections, further reinforces its commitment to ethical governance.
While the available data highlights many strengths, there are no noted limitations in the information provided. The charity's adherence to high standards of accountability and its effective use of resources positions it as a reliable organization for potential donors and partners.
This AI summary has been generated from information found on Charity Navigator.
Is Jfm No 4 Corp legitimate?
Jfm No 4 Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jfm No 4 Corp submitted a form 990EZ, 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.
Official website here: www.jfmhomes.org
What is the mission statement of Jfm No 4 Corp?
JFM No 4 Corp, as a corporation, is committed to providing low-income rental housing for disabled adults. Their mission is centered around catering to the unique needs of this demographic. They accomplish this by offering four units of affordable accommodation within their operational area, currently situated in Auburn, Maine. The organization's primary focus is on ensuring that disabled adults have accessible and affordable housing options, thereby enhancing their quality of life.
Official website here: www.jfmhomes.org
Who is the CEO of Jfm No 4 Corp?
Joe O'Connor is the President of Jfm No 4 Corp.
Official website here: www.jfmhomes.org
What is the revenue of Jfm No 4 Corp?
Jfm No 4 Corp's revenue in 2023 was $55,282.
Official website here: www.jfmhomes.org
Who are the executives of Jfm No 4 Corp and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.jfmhomes.org
Where can I find the form 990EZ for Jfm No 4 Corp?
Jfm No 4 Corp's most recent form 990EZ was submitted in 2023 and can be accessed here.
Official website here: www.jfmhomes.org
Learn more at the official website: www.jfmhomes.org
Mission Statement of Jfm No 4 Corp
JFM No 4 Corporation is dedicated to serving the needs of disabled adults by providing them with affordable rental housing. This nonprofit organization operates with a mission to cater to this specific demographic, offering four units of accommodation within a suitable location, as mentioned in Auburn, Maine. The corporation's mission is rooted in the desire to create a living environment that is both comfortable and accessible for disabled adults, thereby contributing to their overall well-being.
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Impact
August, 2024
Jfm No 4 Corp's impact lies in providing low-income rental housing to disabled adults in the Auburn, Maine area. With a mission to cater to the needs of this demographic, the organization offers four units of affordable rental accommodation, helping to address the housing needs of disabled individuals who may struggle to find suitable living arrangements. This initiative contributes towards ensuring that disabled adults have access to safe and affordable housing, thereby enhancing their quality of life and overall well-being.
This information is meant to be a general summary of Jfm No 4 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 2023.
- Investment Income: $60
- Program Service Revenue: $18,036
- Gross Receipts: $55,282
Assets and Liabilities:
- Total Assets: $459,513
- Total Liabilities: $24,328
- Net Assets: $435,185
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Organization Details
Phone
(207) 782-2726Principal Officer
Joe O'Connor
Main Address
800 CENTER STREET, AUBURN, ME, 04210
Website
www.jfmhomes.orgNTEE Category
Code: P73 - Human services
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