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Jasmyn Properties Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 352300207 ✦ Jacksonville, FL ✦ Designated as a 501(c)(2)

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Overview

What is Jasmyn Properties Inc?

Jasmyn Properties Inc is a nonprofit organization situated in Jacksonville, Florida, with an address at 929 Peninsular Place. Its primary role involves holding the title to the property belonging to the Jacksonville Area Sexual Minority Youth Network (JASMYN), collecting income derived from this property, and managing its maintenance and improvements. The organization then proceeds to transfer the entire income, after deducting expenses, to support JASMYN's operations. JASMYN, in turn, provides resources and a safe, affirming space for the empowerment of LGBTQIA+ teenagers and young adults through advocacy, leadership programs, and various other services.

Is Jasmyn Properties Inc legitimate?

Jasmyn Properties Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Jasmyn Properties 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 Jasmyn Properties Inc?

Jasmyn Properties Inc has a mission to manage a property, generate income from it, and subsequently transfer the entire income, after deducting expenses, to the Jacksonville Area Sexual Minority Youth Network (JASMYN). This support is instrumental in funding JASMYN's operations. Jasmyn Properties Inc also manages the property's maintenance and improvements to ensure its optimal condition. JASMYN, in turn, works to empower LGBTQIA+ teenagers and young adults, providing them with leadership opportunities, advocacy, resources, and a safe and affirming community.

Who is the CEO of Jasmyn Properties Inc?

Cynthia Watson is the Board Member of Jasmyn Properties Inc.

What is the revenue of Jasmyn Properties Inc?

Jasmyn Properties Inc's revenue in 2022 was $108,229.

Who are the executives of Jasmyn Properties Inc and what are their salaries?


Here are 9 key members and their salaries:


Edi Castro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Drake (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Farquhar (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Midyette Jr (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Ostrofsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Tappouni (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Watson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jasmyn Properties Inc?

Jasmyn Properties Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jasmyn Properties Inc

Jasmyn Properties Inc, as a entity, is tasked with maintaining a property and generating income from it. The primary objective of this organization is to channel the entire income, after deducting expenses, to the Jacksonville Area Sexual Minority Youth Network (JASMYN). Jasmyn Properties Inc serves as a financial backbone for JASMYN, ensuring its operational continuity.

JASMYN, in turn, is a nonprofit organization dedicated to empowering LGBTQIA+ teenagers and young adults. It provides them with a supportive environment, leadership opportunities, resources, and advocacy. Jasmyn Properties Inc's mission plays a crucial role in enabling JASMYN to fulfill its mission by providing the necessary financial support. This allows JASMYN to continue its vital work in creating a safe and affirming community for this vulnerable population, helping them to thrive and overcome the challenges they face.

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Impact




October, 2024

Jasmyn Properties Inc plays a crucial role in supporting the Jacksonville Area Sexual Minority Youth Network (JASMYN) by managing and maintaining real property assets. This organization collects income from these properties, which is then allocated to support JASMYN's operations. By overseeing property maintenance and improvements, Jasmyn Properties Inc ensures that the physical resources are in optimal condition, thereby enhancing the overall environment in which JASMYN operates.

The financial contributions made by Jasmyn Properties Inc significantly bolster JASMYN's ability to empower LGBTQIA+ teens and young adults in the Jacksonville area. This support helps provide valuable resources, leadership opportunities, advocacy, and a safe, affirming community for youth who may be facing unique challenges related to their sexual orientation and identity. Thus, Jasmyn Properties Inc acts as a vital supporter of community improvement and wellbeing, contributing to the enhancement of the lives of marginalized youth in the region.




This information is meant to be a general summary of Jasmyn Properties 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.

Revenue
$108,229 (2022)
Expenses
$144,630 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $229
  • Program Service Revenue: $108,000
  • Gross Receipts: $108,229

Assets and Liabilities:

  • Total Assets: $1,962,613
  • Total Liabilities: $265,115
  • Net Assets: $1,697,498

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE REVENUE

Revenue

$108,000

Organization Details

Founding Year

2007

Principal Officer

Cynthia Watson

Main Address

929 PENINSULAR PLACE, JACKSONVILLE, FL, 32204

NTEE Category

Code: S41 - Community improvement

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