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Westown Jubilee Housing

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

EIN: 383066116 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Westown Jubilee Housing?

Westown Jubilee Housing is a nonprofit organization situated in Grand Rapids, Michigan. With a team of three dedicated individuals, their mission is to revitalize their local community by stabilizing homeowners. They achieve this by managing 24 affordable rental units and renovating an additional affordable home for a family at a cost lower than market value. Their ultimate goal is to provide a fresh start and pay tribute to their faith by bringing glory to God in the process.


Official website here: www.wjhousing.org

Is Westown Jubilee Housing legitimate?

Westown Jubilee Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westown Jubilee Housing 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: $66,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $57,606

For more financial information, click here


Official website here: www.wjhousing.org

What is the mission statement of Westown Jubilee Housing?

Westown Jubilee Housing's mission is centered around stabilizing a core city community by focusing on individual homeowners. Their goal is to provide a fresh start and bring greater honor to God. As part of their mission, they manage 24 affordable rental units and rehabilitate an affordable home for a family below market value, aiming to make a positive impact in the community one homeowner at a time.


Official website here: www.wjhousing.org

Who is the CEO of Westown Jubilee Housing?

Phil Vankampen is the Secretary of Westown Jubilee Housing.


Official website here: www.wjhousing.org

What is the revenue of Westown Jubilee Housing?

Westown Jubilee Housing's revenue in 2022 was $266,462.


Official website here: www.wjhousing.org

Who are the executives of Westown Jubilee Housing and what are their salaries?

The average compensation at Westown Jubilee Housing during 2022 was $41,435. There are 3 employees and 50 volunteers at Westown Jubilee Housing.


Here are 6 key members and their salaries:


Patricia Gress (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Wagner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Fleishmann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Cavanaugh (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Vankampen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Vredeveld (Executive Director)
  • Compensation: $66,700
  • Related: $0
  • Other: $6,592


Official website here: www.wjhousing.org

Where can I find the form 990 for Westown Jubilee Housing?

Westown Jubilee Housing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.wjhousing.org

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

Mission Statement of Westown Jubilee Housing

Westown Jubilee Housing is dedicated to making a positive impact on its core city community. Their mission is twofold: firstly, they aim to stabilize the community one homeowner at a time, providing a fresh start for these individuals. Secondly, they strive to give greater glory to God through their efforts. To accomplish this, Westown Jubilee Housing manages 24 affordable rental units as landlords, providing a stable living environment for those in need. Additionally, they undertake the rehabilitation of an affordable home for a family below market value, offering a new beginning for a deserving family. By focusing on homeownership and community stability, Westown Jubilee Housing seeks to uplift its community while honoring its religious beliefs.

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Impact




October, 2024

Westown Jubilee Housing has a significant impact on the community by stabilizing the core city of Grand Rapids, MI, one homeowner at a time. By maintaining 24 affordable rental units, the organization addresses the pressing need for affordable housing in the area. Additionally, by rehabilitating homes for families at below market value, it provides deserving individuals and families a chance for a fresh start, fostering community resilience and stability. This approach not only enhances the quality of life for residents but also contributes to the overall vitality of the community, promoting greater social equity and cohesion. Through their efforts, Westown Jubilee Housing exemplifies a commitment to creating a supportive environment where families can thrive and realize their potential.




This information is meant to be a general summary of Westown Jubilee Housing. 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
$266,462 (2022)
Expenses
$301,119 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,340
  • Program Service Revenue: $232,267
  • Gross Receipts: $396,122

Assets and Liabilities:

  • Total Assets: $835,486
  • Total Liabilities: $314,179
  • Net Assets: $521,307

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Programs

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

RENTAL INCOME

Revenue

$211,496

INTEREST INCOME

Revenue

$20,771

Organization Details

Founding Year

1990

Principal Officer

Phil Vankampen

Main Address

724 WEST FULTON, GRAND RAPIDS, MI, 49504

NTEE Category

Code: L80Z - Housing

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