Overview
What is Jackson Burris Senior Apartments Inc?
Jackson Burris Senior Apartments Inc is a nonprofit organization situated in Russellville, Arkansas. Its primary focus is to provide affordable housing for senior residents and the elderly who are income-restricted. The organization's mission is to ensure that elderly individuals have access to suitable living accommodations, thereby promoting comfortable retirement years. Jackson Burris Senior Apartments Inc serves as a vital resource for this specific demographic, providing a sense of community and security in their golden years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
Jackson Burris Senior Apartments Inc has received a moderate rating, indicating areas of strength as well as concern. The organization boasts a fully independent board and has demonstrated strong practices in accountability and finance, with no material diversion of assets and a high program expense ratio of 78.47%. This suggests that a significant portion of their resources is directed toward their mission rather than administrative costs.
However, the organization also exhibits some limitations, notably a high liabilities to assets ratio of 144.79%, which raises concerns about financial stability. While they have solid policies in place regarding conflict of interest and whistleblower protections, the overall financial health indicated by the liabilities suggests that there may be challenges ahead. Stakeholders should consider these factors when assessing the effectiveness and sustainability of Jackson Burris Senior Apartments Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson Burris Senior Apartments Inc legitimate?
Jackson Burris Senior Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson Burris Senior Apartments 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: $3,260
For more financial information, click here
What is the mission statement of Jackson Burris Senior Apartments Inc?
Jackson Burris Senior Apartments Inc., as a retirement home or senior housing program, is dedicated to providing housing for individuals with limited income. The organization's mission revolves around catering to the needs of senior residents, ensuring affordable housing options for the elderly population. It's a commitment to providing a secure living environment for those in their golden years, who may be financially challenged.
Who is the CEO of Jackson Burris Senior Apartments Inc?
Craig Cloud is the President of Jackson Burris Senior Apartments Inc. The CEO's salary of Jackson Burris Senior Apartments Inc is $0 and their total compensation is $0.
What is the revenue of Jackson Burris Senior Apartments Inc?
Jackson Burris Senior Apartments Inc's revenue in 2022 was $108,827.
Who are the executives of Jackson Burris Senior Apartments Inc and what are their salaries?
There 3 volunteers at Jackson Burris Senior Apartments Inc.
Here are 5 key members and their salaries (Jackson Burris Senior Apartments Inc's CEO's salary is $0 and their total compensation is $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
Where can I find the form 990 for Jackson Burris Senior Apartments Inc?
Jackson Burris Senior Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jackson Burris Senior Apartments Inc
Jackson Burris Senior Apartments Inc, as a retirement home or senior housing program, is committed to providing housing for individuals who are of advanced age and have a limited income. The organization's mission is centered around this, with a focus on catering to the needs of low-income seniors. By offering suitable housing, Jackson Burris Senior Apartments Inc aims to contribute to the well-being of this demographic, ensuring they can live comfortably and with dignity.
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Impact
October, 2024
Jackson Burris Senior Apartments Inc plays a crucial role in enhancing the quality of life for low-income senior residents in Russellville, AR. By providing affordable housing solutions, it ensures that elderly individuals have a safe, stable, and supportive environment in which to live. This contributes to their overall well-being, reducing the stress that often accompanies financial insecurity.
The apartments foster a sense of community among residents, combating loneliness and isolation that many seniors face. Additionally, by focusing on the needs of low-income seniors, Jackson Burris Senior Apartments helps to maintain dignity and independence for elderly individuals, allowing them to age in place. Overall, the impact of this housing program extends beyond just providing shelter; it offers support, connection, and a better quality of life for some of the most vulnerable members of the community.
This information is meant to be a general summary of Jackson Burris Senior Apartments 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: $21
- Program Service Revenue: $66,064
- Gross Receipts: $108,827
Assets and Liabilities:
- Total Assets: $839,364
- Total Liabilities: $1,183,800
- Net Assets: -$344,436
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$65,243
LAUNDRY REVENUE
Revenue
$821
Organization Details
Founding Year
2000
Phone
(800) 461-1793Principal Officer
Craig Cloud
Main Address
PO BOX 2109, RUSSELLVILLE, AR, 72811
NTEE Category
Code: P75 - Human services
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