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Jain Society Of Greater Detroit

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

EIN: 382368360 ✦ Farmington hills, MI ✦ Designated as a 501(c)(3)

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Overview

What is Jain Society Of Greater Detroit?

The Jain Society of Greater Detroit is a nonprofit organization, situated in Farmington Hills, Michigan, with a single employee. Their primary goal is to cultivate and uphold the Jain religion within the metropolitan Detroit area. Through their initiatives, they aim to promote and spread the teachings of Jainism, serving as a vital resource for the local Jain community. The society's activities are centered on fostering and nurturing the religious beliefs and practices of Jainism in the greater Detroit area.


Official website here: www.jsgd.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 69%)

The Jain Society of Greater Detroit has received a two-star rating on Charity Navigator, indicating that there are significant areas for improvement within the organization. While it scores well in certain aspects, such as having a fully independent board and a favorable liabilities to assets ratio, the overall accountability and finance score of 69% reflects serious deficiencies in financial transparency and governance policies.

One of the major strengths of the organization is its program expense ratio, which stands at an impressive 100%, demonstrating that all funds are being utilized for program services. However, the absence of financial statements and key governance documents like a conflict of interest policy, whistleblower policy, and document retention policy raises concerns about accountability and oversight. The lack of these essential components could impact donor trust and organizational effectiveness.

To enhance its standing and operational integrity, the Jain Society of Greater Detroit should prioritize improving its governance practices and ensuring financial transparency, which are crucial for long-term sustainability and donor confidence. Addressing these areas can lead to a stronger rating in the future and bolster its mission within the community.


This AI summary has been generated from information found on Charity Navigator.

Is Jain Society Of Greater Detroit legitimate?

Jain Society Of Greater Detroit is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jain Society Of Greater Detroit 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: $24,000

For more financial information, click here


Official website here: www.jsgd.org

What is the mission statement of Jain Society Of Greater Detroit?

The Jain Society of Greater Detroit has a mission to foster and promote the Jain religion within the metropolitan area. This organization strives to spread the teachings and principles of Jainism, working towards its growth and understanding among communities. The society's activities are focused on fostering and promoting Jain religion in the wider metropolitan region.


Official website here: www.jsgd.org

Who is the CEO of Jain Society Of Greater Detroit?

Rachana Parakh is the President of Jain Society Of Greater Detroit.


Official website here: www.jsgd.org

What is the revenue of Jain Society Of Greater Detroit?

Jain Society Of Greater Detroit's revenue in 2022 was $562,793.


Official website here: www.jsgd.org

Who are the executives of Jain Society Of Greater Detroit and what are their salaries?

The average compensation at Jain Society Of Greater Detroit during 2022 was $24,000. There is 1 employee at Jain Society Of Greater Detroit.


Here are 6 key members and their salaries:


Manish Jain (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naveen Jain (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sunitha Jain (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachana Parakh (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manish Salecha (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hemesh Shah (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.jsgd.org

Where can I find the form 990 for Jain Society Of Greater Detroit?

Jain Society Of Greater Detroit's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jsgd.org

Learn more at the official website: www.jsgd.org

Mission Statement of Jain Society Of Greater Detroit

The Jain Society of Greater Detroit is dedicated to fostering and promoting the Jain religion within the metropolitan Detroit area. This nonprofit organization's mission is to uphold and spread the teachings and principles of Jainism, ensuring that the religion remains a significant part of the community. By fostering and promoting Jain religion, the Jain Society of Greater Detroit aims to preserve and nurture the cultural heritage and values of its followers in the metropolitan Detroit area.

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Impact




July, 2024

The Jain Society of Greater Detroit plays a significant role in fostering and promoting the Jain religion in the metropolitan Detroit area. Through its activities and events, the society helps to preserve Jain traditions, educate the community about Jain principles, and provide a supportive environment for those practicing Jainism in the Greater Detroit area. Additionally, the society serves as a hub for social and cultural gatherings, fostering a sense of community and belonging among Jains in the region. Overall, the Jain Society of Greater Detroit's impact is crucial in maintaining and strengthening the Jain community in metropolitan Detroit.




This information is meant to be a general summary of Jain Society Of Greater Detroit. 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
$562,793 (2022)
Expenses
$552,131 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $25,881
  • Gross Receipts: $562,793

Assets and Liabilities:

  • Total Assets: $4,934,583
  • Total Liabilities: $1,020
  • Net Assets: $4,933,563

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Organization Details

Founding Year

1981

Principal Officer

Rachana Parakh

Main Address

29278 W 12 MILE RD, FARMINGTON HILLS, MI, 483344108

NTEE Category

Code: X70Z - Religion related

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