Overview
What is Jacksonville Towers Inc?
Jacksonville Towers Inc is a nonprofit organization situated in Plantation, Florida, specifically at 1200 S Pine Island Road Suite 725. Their primary mission is dedicated to providing affordable housing for the elderly and individuals with disabilities, with their operations regulated and supported by the Department of Housing and Urban Development (HUD). The organization employs a team of seven individuals, working diligently to serve their community's needs.
Official website here: www.ehdoc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Star rating. This rating indicates that Jacksonville Towers Inc has significant room for improvement in various areas of accountability and finance. The organization received a low overall score primarily due to weaknesses in its financial health indicators and governance practices.
Strengths of Jacksonville Towers Inc include a strong independent board composition, with 88% of its members being independent. Additionally, the organization has demonstrated solid governance practices, such as having no material diversion of assets and maintaining audit and oversight committee standards. However, the absence of key policies, including conflict of interest and whistleblower policies, raises concerns about transparency and ethical oversight.
Limitations noted in the ratings include a high liabilities to assets ratio of 127.85%, which suggests financial instability, as well as missing documentation that can hinder accountability, such as tax forms on their website. The program expense ratio stands at 62.05%, indicating that a significant portion of expenses is allocated towards program services, yet the overall financial health still requires attention to ensure sustainable operations and trust from stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Jacksonville Towers Inc legitimate?
Jacksonville Towers Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jacksonville Towers 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: $189,926
For more financial information, click here
Official website here: www.ehdoc.org
What is the mission statement of Jacksonville Towers Inc?
Jacksonville Towers Inc is dedicated to providing low-income housing for the elderly and individuals with disabilities. This mission is overseen and supported by the Department of Housing and Urban Development (HUD). The organization operates with the goal of offering a suitable living environment for these groups, ensuring they have access to safe and affordable housing. By doing so, Jacksonville Towers Inc contributes to the overall well-being and independence of these vulnerable populations. Their operations are regulated and assisted by HUD, ensuring compliance with necessary standards and guidelines.
Official website here: www.ehdoc.org
Who is the CEO of Jacksonville Towers Inc?
Melanie Ribeiro is the Director of Jacksonville Towers Inc.
Official website here: www.ehdoc.org
What is the revenue of Jacksonville Towers Inc?
Jacksonville Towers Inc's revenue in 2022 was $1,146,336.
Official website here: www.ehdoc.org
Who are the executives of Jacksonville Towers Inc and what are their salaries?
The average compensation at Jacksonville Towers Inc during 2022 was $27,132. There are 7 employees at Jacksonville Towers Inc.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $296,416
- Other: $110,501
- Compensation: $0
- Related: $26,541
- Other: $4,777
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ehdoc.org
Where can I find the form 990 for Jacksonville Towers Inc?
Jacksonville Towers Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehdoc.org
Learn more at the official website: www.ehdoc.org
Mission Statement of Jacksonville Towers Inc
Jacksonville Towers Inc, as a nonprofit organization, is devoted to providing low-income housing for the elderly and individuals with disabilities. This mission is regulated and supported by the Department of Housing and Urban Development (HUD). The organization's primary role is to ensure that eligible individuals have access to safe and affordable housing, offering them a sense of independence and stability. By operating under HUD's regulations, Jacksonville Towers Inc is able to provide assistance and support to this vulnerable population, enabling them to live with dignity and respect.
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Impact
July, 2024
Jacksonville Towers Inc has a significant impact on the community by providing low-income housing for the elderly and handicapped individuals. Through their operations, they help ensure that these vulnerable populations have access to safe and affordable housing that is regulated and assisted by the Department of Housing and Urban Development (HUD). By fulfilling this crucial need, Jacksonville Towers Inc plays a vital role in supporting the well-being and quality of life of elderly and handicapped individuals in the Plantation, FL area.
This information is meant to be a general summary of Jacksonville Towers 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: $40
- Program Service Revenue: $1,126,251
- Gross Receipts: $1,146,336
Assets and Liabilities:
- Total Assets: $2,706,778
- Total Liabilities: $3,434,801
- Net Assets: -$728,023
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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
$750,525
TENANT RENT
Revenue
$375,726
Organization Details
Founding Year
1976
Phone
(954) 835-9200Principal Officer
Melanie Ribeiro
Main Address
1200 S PINE ISLAND ROAD SUITE 725, PLANTATION, FL, 33324
Website
www.ehdoc.orgNTEE Category
Code: L22 - Housing
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