Overview
What is Joak American Homes Inc?
Joak American Homes Inc is a nonprofit organization located in Ann Arbor, Michigan. Their primary mission is to offer housing, healthcare, safety, and social activities to residents in their care, specifically focusing on individuals with mental retardation and/or illness, substance abusers, and the homeless in various counties across southeast Michigan. The organization also extends its support to children and adults alike, providing them with treatment and necessary resources to aid in their recovery and well-being. Currently, Joak American Homes Inc employs approximately 165 dedicated individuals in their mission to enrich the lives of those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Joak American Homes Inc has received a solid rating of 82% from Charity Navigator, indicating a strong performance in accountability and finance. The organization's evaluation is based solely on one beacon score, reflecting its commitment to financial transparency and responsible management of resources.
The nonprofit boasts a fully independent board, consisting of 100% independent members, which is a noteworthy strength. Additionally, it excels in areas such as financial audits and the documentation of board meeting minutes. The organization maintains a favorable liabilities to assets ratio of 18.59% and allocates a significant majority of its expenses, 90.06%, directly to its programs, showcasing effective use of funds.
While the overall score is commendable, it is important to consider that the rating is derived from a single beacon score, which could limit the overall assessment of the organization's impact and effectiveness in achieving its mission. Nonetheless, the financial accountability demonstrated by Joak American Homes Inc indicates a responsible approach to nonprofit management.
This AI summary has been generated from information found on Charity Navigator.
Is Joak American Homes Inc legitimate?
Joak American Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Joak American Homes 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: $5,537,089
For more financial information, click here
What is the mission statement of Joak American Homes Inc?
Joak American Homes Inc's mission is dedicated to offering shelter, treatment, and support to children and adults with mental illnesses, substance abuse issues, and the homeless population in various counties. Their primary goal is to ensure the provision of housing, healthcare, security, and social activities for all residents under their care. Successfully, they have fulfilled their mission by offering these essential services.
Who is the CEO of Joak American Homes Inc?
Hyacinth Akunne is the Member of Joak American Homes Inc.
What is the revenue of Joak American Homes Inc?
Joak American Homes Inc's revenue in 2022 was $8,979,726.
Who are the executives of Joak American Homes Inc and what are their salaries?
The average compensation at Joak American Homes Inc during 2022 was $33,558. There are 165 employees at Joak American Homes Inc.
Here are 4 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
Where can I find the form 990 for Joak American Homes Inc?
Joak American Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Joak American Homes Inc
Joak American Homes Inc, a non-profit organization, is committed to providing a safe and supportive environment for children, adults with mental illness or retardation, substance abusers, and homeless citizens. Its mission is threefold: to offer residence, treatment, and support to those in need.
By offering residence, Joak American Homes Inc provides a home for individuals who might otherwise be without one. This extends to those struggling with mental illness, mental retardation, substance abuse, and homelessness. The organization ensures that all residents receive the care and support they need to live a dignified life.
In addition to providing a home, Joak American Homes Inc also focuses on treatment and support. This encompasses health care services, social activities, and a variety of other resources designed to help residents regain their footing and reintegrate into society. The organization's efforts have been successful, with residents reporting improved well-being and increased stability.
In summary, Joak American Homes Inc is a compassionate organization that offers refuge and aid to those in need. By providing residence, treatment, and support, it helps individuals overcome challenges and rebuild their lives.
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Impact
June, 2024
Joak American Homes Inc has made a significant impact on the lives of children and adults with mental disabilities, illness, substance abuse issues, and homeless individuals in various counties in southeast Michigan. Through their efforts, they have provided crucial services such as residence, treatment, support, and shelter to those in need. By focusing on housing, healthcare, safety, and social activities, Joak American Homes Inc has successfully fulfilled their mission to improve the well-being and quality of life for all residents under their care in Ann Arbor, MI. Their dedication to serving these vulnerable populations underscores their commitment to addressing mental health challenges and homelessness in the community.
This information is meant to be a general summary of Joak American Homes 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $8,004,726
- Gross Receipts: $8,979,726
Assets and Liabilities:
- Total Assets: $2,034,303
- Total Liabilities: $337,083
- Net Assets: $1,697,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Community Health
Revenue
$7,980,444
SSI
Revenue
$24,282
Organization Details
Founding Year
1994
Principal Officer
Hyacinth Akunne
Main Address
3879 PACKARD RD STE UNIT A, Ann Arbor, MI, 48108
NTEE Category
Code: F99 - Mental health
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