Overview
What is Jacob Blake Manor Ltd?
Jacob Blake Manor Ltd is a nonprofit organization situated in Tinley Park, Illinois, specifically at 8201 W 183RD STREET - SUITE K. Their primary mission is to provide affordable housing opportunities for eligible low-income individuals. They determine the rent portion tenants pay based on their income capacity, following guidelines set by the HUD (U.S. Department of Housing and Urban Development). This nonprofit organization is dedicated to making housing affordable for those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Jacob Blake Manor Ltd has received a two-star rating from Charity Navigator, reflecting a need for improvement in certain areas of accountability and finance, with an overall score of 69%. The organization demonstrates strong governance with 100% of its board members being independent and scoring full points in audit and oversight committee performance. Additionally, it maintains a high program expense ratio of 100%, indicating a commitment to its core mission.
However, significant concerns arise from the organization's financial practices, particularly its liabilities to assets ratio, which stands at 202.07%, suggesting potential financial instability. Moreover, several essential policies and documents are missing, including a conflict of interest policy, document retention and destruction policy, and board meeting minutes, which could raise questions about transparency and operational integrity.
While the nonprofit shows strengths in governance and program spending, addressing these financial and documentation shortcomings is crucial for improving its rating and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Jacob Blake Manor Ltd legitimate?
Jacob Blake Manor Ltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacob Blake Manor Ltd 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: $112,598
For more financial information, click here
What is the mission statement of Jacob Blake Manor Ltd?
Jacob Blake Manor Ltd's mission is centered around providing affordable housing for eligible low-income individuals. The organization strives to make housing accessible to those who fall under this income bracket, setting rent charges based on their financial capabilities as per HUD guidelines. This endeavor aims to contribute positively to the community by offering a living solution that is within the reach of those who might otherwise struggle with housing costs. The project's main goal is to ensure that eligible low-income tenants can secure a place to call home without the undue burden of exorbitant rent payments.
Who is the CEO of Jacob Blake Manor Ltd?
Rev Deborah Scott is the President of Jacob Blake Manor Ltd.
What is the revenue of Jacob Blake Manor Ltd?
Jacob Blake Manor Ltd's revenue in 2023 was $623,727.
Who are the executives of Jacob Blake Manor Ltd and what are their salaries?
Here are 7 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jacob Blake Manor Ltd?
Jacob Blake Manor Ltd's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Jacob Blake Manor Ltd
Jacob Blake Manor Ltd, as a nonprofit organization, is committed to providing affordable housing for eligible low-income tenants. This mission is carried out by offering rentals that tenants pay based on their ability to pay, in accordance with HUD guidelines. The project aims to make housing accessible to individuals who may not otherwise be able to afford it, thereby contributing to the well-being and stability of the community. By providing affordable housing, Jacob Blake Manor Ltd plays a crucial role in ensuring that individuals and families have a secure place to live, which is a fundamental human need. The organization's mission is to make a positive impact on the lives of those in need, offering them a sense of safety and security in their living situation.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Jacob Blake Manor Ltd's impact can be seen in its provision of affordable housing for eligible low-income tenants in Tinley Park, Illinois. The project allows tenants to pay a portion of the rent based on their ability to pay, in accordance with HUD guidelines. By offering affordable housing opportunities, Jacob Blake Manor Ltd is addressing the critical need for housing affordability, helping low-income individuals and families to secure a stable and safe place to live. This in turn contributes to the overall well-being and stability of the community by providing essential support for those in need.
This information is meant to be a general summary of Jacob Blake Manor Ltd. 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: $86
- Program Service Revenue: $623,641
- Gross Receipts: $623,727
Assets and Liabilities:
- Total Assets: $4,098,713
- Total Liabilities: $8,282,282
- Net Assets: -$4,183,569
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$239,889
TENANT ASSISTANCE PAYMENT
Revenue
$379,772
TENANT CHARGES
Revenue
$3,980
Organization Details
Founding Year
2003
Phone
(708) 444-4942Principal Officer
Rev Deborah Scott
Main Address
8201 W 183RD STREET - SUITE K, TINLEY PARK, IL, 60487
NTEE Category
Code: L20 - Housing
If you are a representative of Jacob Blake Manor Ltd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.