Overview
What is Preserve Jade East Apartments Inc?
Preserve Jade East Apartments Inc is a nonprofit organization committed to providing affordable housing solutions. They operate 30 units of low-income housing, demonstrating their expertise in housing development, construction, and management. This organization aims to make housing accessible for individuals who may otherwise struggle with affordability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Preserve Jade East Apartments Inc has earned an overall score of 87%, reflecting a strong emphasis on accountability and finance. This score is derived entirely from their Accountability & Finance metrics, which indicate that the organization maintains a high standard of financial health and transparency. The rating suggests that donors can have confidence in the nonprofit's management of funds and resources.
The organization demonstrates excellent governance, with a fully independent board consisting of seven members and no material diversion of assets. Additionally, they have implemented essential policies, including a conflict of interest and a whistleblower policy, enhancing their operational integrity. Their program expense ratio is noteworthy, with 90.08% of expenditures directed towards programs, ensuring that the majority of funding is used effectively to fulfill their mission.
Despite these strengths, the rating is based on a single aspect of performance, which may not provide a comprehensive view of the organization's overall impact or effectiveness in achieving its mission. However, the solid performance in accountability and finance serves as a reliable indicator of their operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Preserve Jade East Apartments Inc legitimate?
Preserve Jade East Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Preserve Jade East Apartments 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: $44,976
For more financial information, click here
What is the mission statement of Preserve Jade East Apartments Inc?
Preserve Jade East Apartments Inc is dedicated to providing affordable housing solutions. As an organization, it specializes in the development, construction, and management of low-income housing units, operating a total of 30 units. The mission of Preserve Jade East Apartments Inc is to make affordable housing accessible to those in need, contributing to a more inclusive housing market.
Who is the CEO of Preserve Jade East Apartments Inc?
Jason Elzy is the Chairperson of Preserve Jade East Apartments Inc.
What is the revenue of Preserve Jade East Apartments Inc?
Preserve Jade East Apartments Inc's revenue in 2022 was $187,988.
Who are the executives of Preserve Jade East Apartments Inc and what are their salaries?
Here are 11 key members and their salaries:
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- Related: $119,804
- Other: $9,830
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- Related: $130,664
- Other: $20,555
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- Related: $183,253
- Other: $30,889
- Compensation: $0
- Related: $113,210
- Other: $17,722
Where can I find the form 990 for Preserve Jade East Apartments Inc?
Preserve Jade East Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Preserve Jade East Apartments Inc
Preserve Jade East Apartments, as a nonprofit organization, is dedicated to providing affordable housing solutions. They accomplish this mission by managing 30 units of low-income housing. With a focus on housing development, construction, and management, Preserve Jade East Apartments aims to make a significant impact in the community by offering affordable living options to those in need.
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Impact
October, 2024
Preserve Jade East Apartments Inc plays a vital role in the community by providing affordable housing options for low-income residents in Medford, Oregon. With the operation of 30 housing units, the organization addresses the critical need for accessible living spaces, supporting individuals and families who may otherwise struggle to find suitable accommodations.
Through effective housing development, construction, and management, Preserve Jade East Apartments helps alleviate the housing affordability crisis, ensuring that residents have a safe and stable environment. This contributes positively to the community by promoting stability and improving the quality of life for its tenants. By specializing in low-income housing, the organization fosters inclusivity and supports diverse socioeconomic backgrounds, ultimately enhancing community cohesion and resilience.
This information is meant to be a general summary of Preserve Jade East Apartments 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 2022.
- Investment Income: $350
- Program Service Revenue: $187,638
- Gross Receipts: $187,988
Assets and Liabilities:
- Total Assets: $929,509
- Total Liabilities: $29,981
- Net Assets: $899,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$187,638
Organization Details
Founding Year
1996
Phone
(541) 779-5785Principal Officer
Jason Elzy
Main Address
2251 TABLE ROCK ROAD, MEDFORD, OR, 97501
NTEE Category
Code: L20 - Housing
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