Overview
What is Japanese American Service Committee Housing Corporation?
The Japanese American Service Committee Housing Corporation, located at 920 W Lawrence Ave, Chicago, IL 60640, is a dedicated nonprofit organization. Its primary mission is to provide affordable and subsidized housing for the elderly and disabled individuals within its community. Through their efforts, they aim to alleviate housing-related challenges for these vulnerable groups. The organization's activities are centered around this objective, ensuring that suitable housing solutions are accessible for those in need.
Official website here: www.heiwaterrace.org/home
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Japanese American Service Committee Housing Corporation has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas needing improvement. The overall score is 66%, reflecting strengths in accountability and governance, particularly with a fully independent board and comprehensive policies in place. However, the organization faces challenges in financial transparency, as indicated by the absence of financial statements and a high liabilities-to-assets ratio.
Despite its strong program expense ratio, demonstrating a commitment to using funds for its mission, the lack of detailed financial documentation raises concerns about overall financial health. While the organization has established good governance practices, the financial aspects may impact its long-term sustainability and credibility with donors. Overall, while there are positive elements, potential supporters should consider these limitations before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Japanese American Service Committee Housing Corporation legitimate?
Japanese American Service Committee Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Japanese American Service Committee 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:
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Official website here: www.heiwaterrace.org/home
What is the mission statement of Japanese American Service Committee Housing Corporation?
The Japanese American Service Committee Housing Corporation's mission is centered around providing affordable and subsidized housing options for the elderly and disabled individuals. Their primary goal is to support this population group by offering them a living space that falls within their financial means. This commitment is reflected in their activities and mission statement, which highlight their dedication to this cause. The organization strives to make a significant impact in the lives of these individuals by ensuring they have access to affordable housing, thereby improving their overall quality of life.
Official website here: www.heiwaterrace.org/home
Who is the CEO of Japanese American Service Committee Housing Corporation?
John Suzuki is the Director of Japanese American Service Committee Housing Corporation.
Official website here: www.heiwaterrace.org/home
What is the revenue of Japanese American Service Committee Housing Corporation?
Japanese American Service Committee Housing Corporation's revenue in 2022 was $1,970,378.
Official website here: www.heiwaterrace.org/home
Who are the executives of Japanese American Service Committee Housing Corporation and what are their salaries?
There 12 volunteers at Japanese American Service Committee Housing Corporation.
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Official website here: www.heiwaterrace.org/home
Where can I find the form 990 for Japanese American Service Committee Housing Corporation?
Japanese American Service Committee Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heiwaterrace.org/home
Learn more at the official website: www.heiwaterrace.org/home
Mission Statement of Japanese American Service Committee Housing Corporation
The Japanese American Service Committee Housing Corporation is dedicated to providing affordable and subsidized housing options for the elderly and disabled individuals. Their mission is to support this critical need by offering low-cost accommodations, aiming to enhance the lives of these vulnerable groups. This commitment to affordable housing is the cornerstone of the organization's activities, ensuring that those in need have access to secure and suitable living environments.
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Impact
October, 2024
The Japanese American Service Committee Housing Corporation significantly impacts the community by providing low-cost subsidized housing for elderly and disabled individuals in Chicago, Illinois. This initiative supports vulnerable populations, enhancing their quality of life through access to affordable housing. By addressing the needs of these groups, the organization fosters independence, stability, and well-being among residents, contributing to a more inclusive and supportive community environment. The availability of such housing options alleviates the financial burden often faced by seniors and disabled individuals, allowing them to live with dignity and security.
This information is meant to be a general summary of Japanese American Service Committee 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: $1,951,337
- Gross Receipts: $1,970,378
Assets and Liabilities:
- Total Assets: $32,702,456
- Total Liabilities: $24,264,704
- Net Assets: $8,437,752
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Organization Details
Founding Year
1976
Phone
(847) 732-4548Principal Officer
John Suzuki
Main Address
920 W LAWRENCE AVE, CHICAGO, IL, 60640
Website
www.heiwaterrace.org/homeNTEE Category
Code: L22 - Housing
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