Overview
What is Jens-Presinc?
Jens-Presinc, established as a nonprofit corporation, is primarily dedicated to addressing the housing needs of elderly and disabled individuals who are financially disadvantaged. Their mission is accomplished through the construction of housing facilities, which were financed by a HUD-insured mortgage under section 202 of the Housing Act. This nonprofit organization, named Jens-pres Inc., aimed to provide essential housing facilities and securities for those in need, thereby contributing to the betterment of their living conditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating. This rating reflects the organization's overall performance in terms of accountability and finance, where it scored a total of 75%. The rating is derived solely from the Accountability & Finance beacon, highlighting the charity’s commitment to transparency and responsible management of resources.
The organization benefits from a strong governance framework, with an entirely independent board, which ensures that decisions are made without conflicts of interest. It also has a robust program expense ratio of 82.72%, which indicates that a significant portion of its funds is directed towards programmatic activities rather than administrative costs. Furthermore, the presence of established policies, such as a whistleblower policy and document retention methods, adds to its credibility.
However, a notable limitation is the high liabilities to assets ratio at 135.47%, suggesting potential financial risks that could affect its operational stability. This aspect is something that stakeholders may want to consider when evaluating the organization's long-term sustainability. Overall, while Jens-Presinc demonstrates strong accountability practices, attention to its financial ratios is necessary for a comprehensive assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Jens-Presinc legitimate?
Jens-Presinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jens-Presinc 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: $49,614
For more financial information, click here
What is the mission statement of Jens-Presinc?
Jens-Presinc, as a nonprofit corporation, established St. Andrew's of Jennings with a mission to provide low-income housing for elderly and disabled individuals. They accomplish this by constructing housing facilities, funded through a HUD-insured mortgage under Section 202 of the Housing Act. The organization's objective is to offer suitable housing and securities to those in need, aiming to contribute positively to their living conditions.
Who is the CEO of Jens-Presinc?
Joseph Girardi is the Director of Jens-Presinc.
What is the revenue of Jens-Presinc?
Jens-Presinc's revenue in 2022 was $808,501.
Who are the executives of Jens-Presinc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Jens-Presinc?
Jens-Presinc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jens-Presinc
Jens-Presinc, a renowned nonprofit organization, is dedicated to providing low-income housing for elderly and disabled individuals. They accomplish this mission by constructing housing facilities, funded through a HUD-insured mortgage under section 202 of the Housing Act. Established as a nonprofit corporation, Jens-Presinc's primary objective is to offer housing facilities and securities to those in need. Their mission is geared towards improving the living conditions of vulnerable populations, ensuring they have a safe and suitable place to call home.
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Impact
July, 2024
Jens-Presinc's impact is significant in providing low-income housing for elderly and disabled persons in St. Louis, MO. Through the construction of housing facilities funded by a HUD-insured mortgage under section 202 of the Housing Act, Jens-Presinc, operating as St Andrew's of Jennings, has created a safe and secure environment for those in need. Their mission to provide housing facilities and securities for the elderly and disabled population demonstrates a commitment to improving the quality of life for vulnerable individuals in the community.
This information is meant to be a general summary of Jens-Presinc. 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: $3,706
- Program Service Revenue: $797,354
- Gross Receipts: $808,501
Assets and Liabilities:
- Total Assets: $1,652,026
- Total Liabilities: $2,238,246
- Net Assets: -$586,220
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYMENTS
Revenue
$530,420
TENANT RENT PAYMENTS
Revenue
$266,934
Organization Details
Founding Year
1997
Phone
(314) 726-0111Principal Officer
Joseph Girardi
Main Address
1001 CRAIG ROAD SUITE 200, ST LOUIS, MO, 63146
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