Jewell Housing Incorporated

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

EIN: 421083838 ✦ Algona, IA ✦ Designated as a 501(c)(4)

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Overview

What is Jewell Housing Incorporated?

Jewell Housing Incorporated is a nonprofit organization situated in Algona, Iowa. Their primary mission is to offer affordable housing solutions to the elderly, disabled, and families within the Jewell community. They achieve this by basing rent on 30% of an applicant's annual income, with the remaining balance subsidized by USDA/Rural Development. As a result, 16 families have secured safe and reasonably priced residences through this organization. By providing such housing options, Jewell Housing Incorporated contributes significantly to the well-being and stability of these families in need.

Is Jewell Housing Incorporated legitimate?

Jewell Housing Incorporated is a legitimate nonprofit organization registered as a 501(c)(4) entity. Jewell Housing Incorporated submitted a form 990EZ, 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.

What is the mission statement of Jewell Housing Incorporated?

Jewell Housing Incorporated is dedicated to offering affordable housing solutions for the elderly, disabled, and families. They achieve this by setting rent at 30% of the applicant's annual income, with the remaining balance subsidized by USDA/Rural Development. This strategy has enabled 16 families to secure safe and economical housing through this organization. Jewell Housing Incorporated's primary aim is to make housing accessible and affordable for those in need.

Who is the CEO of Jewell Housing Incorporated?

Ellen Hagen is the President of Jewell Housing Incorporated.

What is the revenue of Jewell Housing Incorporated?

Jewell Housing Incorporated's revenue in 2022 was $92,151.

Who are the executives of Jewell Housing Incorporated and what are their salaries?


Here are 3 key members and their salaries:


Ellen Hagen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sonja Fisher (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Arndt (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Jewell Housing Incorporated?

Jewell Housing Incorporated's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Jewell Housing Incorporated

Jewell Housing Incorporated is dedicated to providing affordable housing solutions for the elderly, disabled, and families in need. By basing rent on 30% of an applicant's annual income, with the remaining balance subsidized by USDA/Rural Development, the organization has successfully managed to provide safe and affordable housing for 16 families. This nonprofit organization's mission is to ensure that individuals in these vulnerable groups have a secure place to call home, thereby improving their overall quality of life.

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Impact




October, 2024

Jewell Housing Incorporated has made a significant impact in the community by providing safe and affordable housing for the elderly, disabled, and families in Jewell, Iowa. By basing rent on just 30% of a resident's yearly income and subsidizing the remainder through partnerships with USDA/Rural Development, the organization ensures that housing remains accessible to those who might otherwise struggle to find suitable accommodations. To date, 16 families have benefited from this model, allowing them to secure stable living environments that contribute to their overall well-being and quality of life. Through its dedicated efforts, Jewell Housing Incorporated fosters a sense of community and supports the vulnerable populations in the area, enhancing the local social fabric.




This information is meant to be a general summary of Jewell Housing Incorporated. 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
$92,151 (2022)
Expenses
$79,042 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $88,895
  • Gross Receipts: $92,151

Assets and Liabilities:

  • Total Assets: $152,121
  • Total Liabilities: $57,940
  • Net Assets: $94,181

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Organization Details

Principal Officer

Ellen Hagen

Main Address

PO Box 476, Algona, IA, 50511

NTEE Category

Code: L22 - Housing

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