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Jewish Federation Housing Inc

Federation Towers

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

EIN: 591715089 ✦ Miami beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Jewish Federation Housing Inc?

Jewish Federation Housing Inc, also known as Federation Towers, is a Miami Beach, Florida-based nonprofit organization that provides low-cost housing to the elderly. With the support of taxpayer funding under Sections 8 and 202 of the National Housing Act and the Housing Act of 1959, they have established 114 housing units to cater to families and individuals with low to moderate income levels. The mission of Jewish Federation Housing Inc is to ensure the elderly have access to safe and affordable housing, enhancing their overall well-being and quality of life. The organization employs a team of 17 individuals dedicated to fulfilling this purpose.


Official website here: www.none

What are the reviews and ratings of this charity?

Jewish Federation Housing Inc is not currently rated by Charity Navigator, largely due to insufficient data for a comprehensive assessment. The absence of a rating does not inherently suggest a positive or negative view of the organization but highlights the lack of full electronic filings of IRS Form 990 over the past six fiscal years. While historical ratings focused on financial aspects, the newest ratings require additional metrics like Impact & Measurement and Leadership & Adaptability.

The organization is noted for having volunteer leadership, with key figures such as the President, Vice President, Treasurer, and Secretary serving without compensation. This might suggest a dedication to directing funds towards its mission rather than administrative costs. However, due to the limited financial disclosures, especially concerning Accountability & Finance, a complete understanding of their financial health and efficiency is unclear.

As an independent foundation, the organization seemingly relies more on contributions and related fees rather than large-scale investments or unrelated income. However, due to the lack of user reviews on GreatNonprofits, the public narrative and personal experiences with the organization remain undocumented, which could have provided deeper insights into their community impact and services.


This AI summary has been generated from information found on Charity Navigator.

Is Jewish Federation Housing Inc legitimate?

Jewish Federation Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Federation Housing 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: $103,040

For more financial information, click here


Official website here: www.none

What is the mission statement of Jewish Federation Housing Inc?

Jewish Federation Housing Inc is dedicated to providing housing solutions for elderly families and individuals with low to moderate income levels. Through the implementation of Section 8 of the National Housing Act and Section 202 of the Housing Act of 1959, the organization has made available 114 units of low-cost housing to those in need. Their mission is centered on ensuring that elderly individuals have access to affordable housing, enabling them to maintain their independence and dignity. By providing this essential need, Jewish Federation Housing Inc contributes to the well-being and stability of its residents.


Official website here: www.none

Who is the CEO of Jewish Federation Housing Inc?

Martin B Goodman is the President of Jewish Federation Housing Inc.


Official website here: www.none

What is the revenue of Jewish Federation Housing Inc?

Jewish Federation Housing Inc's revenue in 2020 was $22,731,867.


Official website here: www.none

Who are the executives of Jewish Federation Housing Inc and what are their salaries?

The average compensation at Jewish Federation Housing Inc during 2020 was $6,061. There are 17 employees at Jewish Federation Housing Inc.


Here are 4 key members and their salaries:


Martin B Goodman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven J Kravitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacob Solomon (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Labgold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.none

Where can I find the form 990 for Jewish Federation Housing Inc?

Jewish Federation Housing Inc's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.none

Learn more at the official website: www.none

Mission Statement of Jewish Federation Housing Inc

Jewish Federation Housing Inc is a nonprofit organization dedicated to providing housing solutions for elderly families and individuals with low and moderate income levels. Through its mission, the organization strives to create a welcoming community where elderly residents can live comfortably and securely.

The nonprofit has secured 114 units of low-cost housing for the elderly, facilitated under the provisions of Section 8 of the National Housing Act and Section 202 of the Housing Act of 1959. These federal programs enable Jewish Federation Housing Inc to offer affordable housing options to those who might otherwise struggle to find suitable living arrangements. As a result, the organization plays a crucial role in ensuring that elderly individuals of limited financial means can maintain their independence and dignity in their own homes.

Jewish Federation Housing Inc is committed to enhancing the quality of life for its residents. By providing affordable housing, the organization enables elderly families and individuals to focus on their well-being and personal growth, rather than worrying about their living expenses. Moreover, the organization offers a sense of community and companionship to its residents, fostering a supportive and inclusive environment where they can feel safe and secure. Overall, Jewish Federation Housing Inc's mission is to make a positive impact on the lives of elderly families and individuals by offering them the opportunity to live in clean, safe, and affordable housing.

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Impact




October, 2024

Jewish Federation Housing Inc significantly impacts the community by providing affordable housing options for elderly families and individuals with low to moderate incomes in Miami Beach. By offering 114 units of low-cost housing, it addresses the critical need for secure and accessible living arrangements for senior residents. The organization operates under the provisions of Section 8 of the National Housing Act and Section 202 of the Housing Act of 1959, ensuring that those in need can find safe and dignified homes. This commitment not only enhances the quality of life for its residents but also fosters a sense of community and support among the elderly, helping to combat social isolation and promote well-being.




This information is meant to be a general summary of Jewish Federation Housing 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.

Revenue
$22,731,867 (2020)
Expenses
$575,320 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $22,051,771
  • Program Service Revenue: $161,761
  • Gross Receipts: $24,680,361

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

PROGRAM SERVICE REV.

Revenue

$161,761

Organization Details

Founding Year

1976

Principal Officer

Martin B Goodman

Main Address

757 WEST AVENUE, MIAMI BEACH, FL, 33139

Website

www.none

NTEE Category

Code: L21Z - Housing

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