Overview
What is Jefferson Facilities Inc?
Jefferson Facilities Inc is a nonprofit organization, specifically engaging in a cooperative endeavor with Jefferson Redevelopment, Inc. to develop, finance, construct, and operate a parking garage near the Parish Courthouse in Gretna, Louisiana. This collaboration aims to provide additional parking facilities for the courthouse area, enhancing accessibility and convenience for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Star Rating)
Jefferson Facilities Inc has received a low rating of 52% from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. The absence of independent board members and the lack of essential policies, such as conflict of interest and whistleblower protections, contribute to this rating. The organization does, however, demonstrate a strong commitment to financial oversight, as evidenced by a perfect score for its audit and oversight committee.
While the program expense ratio is commendable, suggesting that funds are directed towards programmatic activities, the overall financial health is called into question due to the liabilities to assets ratio being rated poorly. Additionally, the organization does not make its tax forms available on its website, which further raises transparency issues among potential donors and stakeholders.
In summary, while Jefferson Facilities Inc has strengths in its programmatic spending and financial oversight, the lack of independent governance and transparency underscores the need for improvements in accountability practices to enhance public trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Jefferson Facilities Inc legitimate?
Jefferson Facilities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jefferson Facilities 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
For more financial information, click here
What is the mission statement of Jefferson Facilities Inc?
Jefferson Facilities Inc, in collaboration with Jefferson Redevelopment Inc., a non-profit organization, has entered into a cooperative agreement to develop, finance, construct, and operate a parking garage near a courthouse in Gretna, Louisiana. While the provided data does not contain a specific mission statement for Jefferson Facilities Inc, it can be inferred that their primary goal is to contribute to the development of necessary infrastructure, specifically a parking garage, in partnership with a non-profit organization. This project aims to enhance accessibility and convenience for those utilizing the courthouse.
Who is the CEO of Jefferson Facilities Inc?
James Juneau is the President of Jefferson Facilities Inc.
What is the revenue of Jefferson Facilities Inc?
Jefferson Facilities Inc's revenue in 2022 was $911,601.
Who are the executives of Jefferson Facilities Inc and what are their salaries?
There 3 volunteers at Jefferson Facilities Inc.
Here are 3 key members and their salaries:
- 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 Jefferson Facilities Inc?
Jefferson Facilities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jefferson Facilities Inc
Jefferson Facilities Inc, a non-profit organization, has entered into a cooperative agreement to develop, finance, construct, and operate a parking garage near a parish courthouse. This endeavor aims to address the parking needs in the area, potentially improving accessibility and convenience for those utilizing the courthouse. By taking on this project, Jefferson Facilities Inc demonstrates its commitment to contributing to the community and addressing infrastructure needs. The specifics of the agreement and the location of the courthouse are not provided in the information, but it is clear that Jefferson Facilities Inc is working in partnership with Jefferson Redevelopment Inc to make this project a reality.
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Impact
July, 2024
Jefferson Facilities Inc's impact lies in its cooperative endeavor agreement with Jefferson Redevelopment Inc to develop, finance, construct, and operate a parking garage near the Parish Courthouse in Gretna, Louisiana. This initiative directly contributes to community improvement by providing essential infrastructure that supports the local government and enhances the overall accessibility and functionality of the area. The construction and operation of the parking garage serve as a practical solution to address parking needs in a busy civic center, thereby improving the convenience and experience for residents, visitors, and courthouse attendees.
This information is meant to be a general summary of Jefferson Facilities 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.
- Program Service Revenue: $337,121
- Gross Receipts: $911,601
Assets and Liabilities:
- Total Assets: $122,981
- Total Liabilities: $4,535,593
- Net Assets: -$4,412,612
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARKING GARAGE REVENUE
Revenue
$317,549
OTHER PROGRAM REVENUE
Revenue
$19,572
Organization Details
Founding Year
2001
Phone
(504) 367-9001Principal Officer
James Juneau
Main Address
PO BOX 83, GRETNA, LA, 70054
NTEE Category
Code: S31 - Community improvement
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