Overview
What is Jim Cain Home Inc?
Jim Cain Home Inc is a charitable, non-profit organization established in Louisville, Kentucky. Their primary mission is to provide housing facilities for individuals with disabilities. They have constructed an eight-unit group home specifically designed for this purpose. This residential space offers a supportive living environment for handicapped individuals, contributing to their overall well-being and independence. The organization operates on a non-profit basis, ensuring that its resources are utilized for the betterment of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)
Jim Cain Home Inc received a Three-Star rating from Charity Navigator, indicating a relatively strong performance primarily in the areas of Accountability and Finance. The rating reflects a solid program expense ratio of 89.68%, which suggests that the organization is effectively utilizing its resources to fulfill its mission. The charity boasts a fully independent board, with all 10 members being independent, and has established comprehensive policies related to conflict of interest, whistleblowing, and document retention.
However, the organization does face a significant concern regarding its liabilities to assets ratio, which stands at 352.84%. This high ratio raises questions about the financial sustainability and risk associated with the nonprofit's operations. Despite this limitation, the charity maintains a clear focus on maintaining strong governance practices and transparency in its financial reporting, as evidenced by their adherence to various accountability measures.
Overall, while Jim Cain Home Inc demonstrates commendable strengths in governance and program efficiency, stakeholders should consider the financial implications tied to its high liabilities relative to its assets. Potential donors and supporters may want to keep this factor in mind when evaluating their contributions to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Jim Cain Home Inc legitimate?
Jim Cain Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jim Cain Home 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 Jim Cain Home Inc?
Jim Cain Home Inc was established with a charitable and non-profit purpose. Its primary mission is to provide housing facilities for individuals with disabilities. The organization has constructed an 8-unit group home specifically designed for this purpose. The group home is maintained and operated within these principles, providing a living space for handicapped individuals. While the exact activities or initiatives beyond this housing provision are not explicitly stated, the organization's primary focus is clear: to offer a safe and supportive living environment for individuals with disabilities.
What is the revenue of Jim Cain Home Inc?
Jim Cain Home Inc's revenue in 2024 was $38.
Who are the executives of Jim Cain Home Inc and what are their salaries?
There 4 volunteers at Jim Cain Home Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $115,155
- Other: $0
Where can I find the form 990 for Jim Cain Home Inc?
Jim Cain Home Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Jim Cain Home Inc
Jim Cain Home Inc, a non-profit organization, was established with a mission to provide housing facilities for individuals with disabilities. This mission is carried out by maintaining and operating an 8-unit group home, which serves as a residence for these individuals. The organization constructs and manages this group home on a charitable basis, demonstrating its commitment to supporting those with disabilities. Despite not providing specific details about the type of disabilities or the services offered within the group home, it is clear that Jim Cain Home Inc is dedicated to providing a charitable living space for handicapped individuals.
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Impact
August, 2024
Jim Cain Home Inc's impact lies in providing crucial housing facilities for handicapped individuals in Louisville, Kentucky through the operation of an 8-unit group home. This initiative helps to meet the specific housing needs of this vulnerable population, ensuring they have a safe and supportive environment in which to live. By offering housing on a charitable and nonprofit basis, Jim Cain Home Inc plays a vital role in enhancing the quality of life and overall well-being of these individuals.
This information is meant to be a general summary of Jim Cain Home 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $38
- Program Service Revenue: $12,485
- Gross Receipts: $38
Assets and Liabilities:
- Total Assets: $112,732
- Total Liabilities: $341,684
- Net Assets: -$228,952
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$12,485
Organization Details
Founding Year
1984
Principal Officer
Curtis Thrush
NTEE Category
Code: L20 - Housing
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