Overview
What is Jefferson East Inc?
Jefferson East Inc, a Detroit-based nonprofit situated at 300 River Place 5250, MI 48207, is dedicated to fostering inclusive neighborhoods and business districts in the city. Their mission is to empower longtime Detroiters to benefit from the city's resurgence. In 2022, they completed the construction of the Marlborough Apartment project, housing 23 units. Furthermore, they provided small business support services to over 600 businesses in the East Jefferson Corridor and its surrounding neighborhoods. Through facilitative leadership, collaborative partnerships, and innovative programming, Jefferson East Inc contributes to the growth of Detroit's East Jefferson Corridor and its neighborhoods. With a team of 16 dedicated individuals, they work tirelessly to improve their community.
Official website here: www.jeffersoneast.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Jefferson East Inc has achieved an overall score of 87%, reflecting strong performance in accountability and finance. This score, derived entirely from a single beacon focused on financial practices, showcases the organization’s commitment to transparency and ethical management. The charity demonstrates exemplary governance with a fully independent board and no material diversion of assets.
Strengths highlighted in the rating include perfect scores in several key areas, such as the documentation of board meeting minutes and the implementation of conflict of interest and whistleblower policies. These factors contribute to a high level of operational integrity. Additionally, the organization maintains excellent ratios for program expenses, fundraising efficiency, and liabilities, indicating a sound financial foundation and effective use of resources.
While the rating reflects robust financial health and governance, further insights into the organization’s impact and programmatic outcomes would enhance understanding of its overall effectiveness in fulfilling its mission. However, based on available data, the financial management practices commendably position Jefferson East Inc as a reliable charity.
This AI summary has been generated from information found on Charity Navigator.
Is Jefferson East Inc legitimate?
Jefferson East Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson East 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: $264,688
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $507,712
For more financial information, click here
Official website here: www.jeffersoneast.org
What is the mission statement of Jefferson East Inc?
Jefferson East Inc's mission is centered around fostering growth in a specific corridor and its surrounding neighborhoods. They achieve this through facilitative leadership, collaborative partnerships, and the implementation of innovative and impactful programs. Their goal is to create inclusive communities and business districts, ensuring that long-time city residents can benefit from the city's revival. In 2022, they completed the construction of the Marlborough Apartment Project, and they provided small business support services to over 600 businesses in the area.
Official website here: www.jeffersoneast.org
Who is the CEO of Jefferson East Inc?
Joshua Elling is the Board Chairman of Jefferson East Inc. The CEO's salary of Jefferson East Inc is $175,000 and their total compensation is $182,000.
Official website here: www.jeffersoneast.org
What is the revenue of Jefferson East Inc?
Jefferson East Inc's revenue in 2022 was $2,714,512.
Official website here: www.jeffersoneast.org
Who are the executives of Jefferson East Inc and what are their salaries?
The average compensation at Jefferson East Inc during 2022 was $48,275. There are 16 employees and 45 volunteers at Jefferson East Inc.
Here are 26 key members and their salaries (Jefferson East Inc's CEO's salary is $175,000 and their total compensation is $182,000):
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- Compensation: $175,000
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Official website here: www.jeffersoneast.org
Where can I find the form 990 for Jefferson East Inc?
Jefferson East Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jeffersoneast.org
Learn more at the official website: www.jeffersoneast.org
Mission Statement of Jefferson East Inc
Jefferson East Inc, a nonprofit organization, is dedicated to the growth and development of Detroit's East Jefferson Corridor and its surrounding neighborhoods. They achieve this mission through facilitative leadership, collaborative partnerships, and the implementation of innovative and impactful programming. By focusing on these strategies, Jefferson East Inc aims to support the creation of inclusive neighborhoods and business districts that allow long-time Detroiters to benefit from the city's resurgence.
One of the ways Jefferson East Inc fulfills its mission is by directly engaging in activities and through its development subsidiary. They strive to enhance the communities in the East Jefferson Corridor and adjacent neighborhoods. In 2022, Jefferson East Inc completed the construction of the Marlborough Apartment Project, which added 23 new housing units to the area. Furthermore, the organization provided small business support services to over 600 businesses, helping to foster a thriving business environment in the region.
In summary, Jefferson East Inc is a nonprofit that works tirelessly to promote growth and development in Detroit's East Jefferson Corridor and its surrounding neighborhoods. They achieve this by employing facilitative leadership, forming collaborative partnerships, and implementing innovative and impactful programming. By directly engaging in activities and supporting small businesses, Jefferson East Inc aims to create inclusive neighborhoods and business districts that benefit long-time Detroiters.
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Impact
July, 2024
Jefferson East Inc's impact is focused on growing Detroit's East Jefferson Corridor and its neighborhoods through facilitative leadership, collaborative partnerships, and innovative and impactful programming. They invest in inclusive neighborhoods and business districts to ensure that longtime Detroiters benefit from the city's resurgence. In 2022, they completed the construction of the 23-unit Marlborough Apartment project and provided small business support services to over 600 businesses in the East Jefferson Corridor and its adjoining neighborhoods. Their work directly contributes to community improvement and economic development in Detroit.
This information is meant to be a general summary of Jefferson East 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.
- Investment Income: $9
- Gross Receipts: $2,853,008
Assets and Liabilities:
- Total Assets: $5,305,920
- Total Liabilities: $161,626
- Net Assets: $5,144,294
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Organization Details
Founding Year
1994
Phone
(313) 331-7939Principal Officer
Joshua Elling
Main Address
300 RIVER PLACE 5250, DETROIT, MI, 48207
Website
www.jeffersoneast.orgNTEE Category
Code: S20 - Community improvement
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