Overview
What is Jubilee Community Development Corp C/O Urban League Greater Miami Inc?
Jubilee Community Development Corp C/O Urban League Greater Miami Inc is a nonprofit organization situated in Miami, Florida, specifically at 8500 NW 25th Avenue. The primary mission of this organization is to offer affordable housing solutions for low-income families residing in the Miami-Dade County area. To achieve their goal, they have two programs: one involves rehabilitating homes to sell at affordable prices, and the other focuses on developing affordable rental housing. The organization's commitment to affordable housing is pivotal in addressing the housing needs of the local community, thereby contributing to a more equitable and inclusive society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Jubilee Community Development Corp C/O Urban League Greater Miami Inc has received a strong score of 87% from Charity Navigator, reflecting its commitment to accountability and financial management. The rating is based entirely on its Accountability & Finance score, showcasing the organization’s adherence to best practices in these areas. This high rating indicates a level of trust for potential donors and stakeholders.
The organization boasts a fully independent board, with all 10 members meeting the independence criteria, which enhances its governance structure. Additionally, Jubilee demonstrates sound financial management practices, evidenced by a material diversion of assets score of none, which contributes to a favorable liability to assets ratio of 0.00%. The charity also maintains a clear conflict of interest policy and has robust documentation practices in place.
One notable strength is the high program expense ratio of 99.94%, suggesting that nearly all funds raised are directed towards its programming rather than administrative costs. While no significant limitations are reported, the overall focus on financial health rather than broader impact metrics might provide a narrower view of its effectiveness in the community. Nonetheless, the charity’s strong financial accountability and transparency are commendable.
This AI summary has been generated from information found on Charity Navigator.
Is Jubilee Community Development Corp C/O Urban League Greater Miami Inc legitimate?
Jubilee Community Development Corp C/O Urban League Greater Miami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jubilee Community Development Corp C/O Urban League Greater Miami 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: $0
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What is the mission statement of Jubilee Community Development Corp C/O Urban League Greater Miami Inc?
Jubilee Community Development Corp, an affiliate of Urban League Greater Miami Inc, is committed to providing affordable housing solutions for low-income families residing in the Miami-Dade County area. Their primary objective is achieved through two key programs. The Affordable Housing Program involves the rehabilitation of houses, which are subsequently sold to income-restricted individuals from the Southeast Florida region. Moreover, they also offer an Affordable Rental Program, specifically designed for the development of rental housing units that cater to the housing needs of low-income individuals.
Who is the CEO of Jubilee Community Development Corp C/O Urban League Greater Miami Inc?
Oliver L Gross Jr is the Vice Chairpe of Jubilee Community Development Corp C/O Urban League Greater Miami Inc.
What is the revenue of Jubilee Community Development Corp C/O Urban League Greater Miami Inc?
Jubilee Community Development Corp C/O Urban League Greater Miami Inc's revenue in 2022 was $62,238.
Who are the executives of Jubilee Community Development Corp C/O Urban League Greater Miami Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
Where can I find the form 990 for Jubilee Community Development Corp C/O Urban League Greater Miami Inc?
Jubilee Community Development Corp C/O Urban League Greater Miami Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jubilee Community Development Corp C/O Urban League Greater Miami Inc
Jubilee Community Development Corp C/O Urban League Greater Miami Inc is committed to providing affordable housing solutions for low-income families residing in the Miami-Dade County area. To achieve this, the organization has two primary programs. The first is an affordable housing rehabilitation program, where homes are refurbished and sold to low-income individuals who are residents of Southeast Florida. The second program is an affordable rental housing initiative, aimed at developing rental properties for low-income individuals. By implementing these programs, Jubilee Community Development Corp C/O Urban League Greater Miami Inc strives to make housing more accessible and affordable for those who need it most, contributing to a more equitable community.
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Impact
October, 2024
Jubilee Community Development Corp C/O Urban League Greater Miami Inc plays a crucial role in addressing housing challenges faced by low-income families in the Miami-Dade County area. By focusing on affordable housing initiatives, the organization actively rehabilitates homes to make them accessible for sale to individuals and families who reside in Southeast Florida. Additionally, it operates a rental housing program that supports the development of affordable rental options, further easing the financial burden on low-income residents.
Through these efforts, Jubilee fosters community improvement, enabling families to find stable, secure housing that enhances their quality of life. This commitment not only promotes homeownership but also contributes to the overall revitalization of neighborhoods in the region, creating a lasting positive impact on the community.
This information is meant to be a general summary of Jubilee Community Development Corp C/O Urban League Greater Miami 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: $238
- Program Service Revenue: $12,000
- Gross Receipts: $62,238
Assets and Liabilities:
- Total Assets: $20,684
- Total Liabilities: $0
- Net Assets: $20,684
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$12,000
Organization Details
Founding Year
1993
Phone
(305) 696-4450Principal Officer
Oliver L Gross Jr
Main Address
8500 NW 25TH AVENUE, MIAMI, FL, 33147
NTEE Category
Code: S20Z - Community improvement
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