Overview
What is Jackson Hole Community Housing Trust?
The Jackson Hole Community Housing Trust is a nonprofit organization situated in Teton County, Wyoming. Their primary mission is to provide, manage, and administer affordable rental and ownership housing. They aim to reduce the financial burden on government entities that deem assistance necessary to support this cause. Their annual operations involve managing and administering 118 Ground Leases and Special Restrictions for their affordable homeownership program and 28 lease agreements for affordable rental properties. The trust plays a significant role in alleviating housing affordability issues within the local community.
Official website here: www.housingtrustjh.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 96% (Four-Star out of Four Stars)**
The Jackson Hole Community Housing Trust has earned an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization is particularly noted for its governance practices, with 100% independent board members and a robust financial oversight structure, highlighting its commitment to transparency and ethical management.
Financially, the nonprofit demonstrates effective resource management, with a high program expense ratio of over 80%, indicating that the majority of funds are directed towards its mission. Additionally, its fundraising efficiency is commendable, with minimal costs associated with fundraising activities, and it holds a solid ratio of working capital, which speaks to its long-term financial stability.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving out public sentiment on the organization. Nonetheless, the strong metrics reported suggest a trustworthy organization focused on addressing housing needs within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Jackson Hole Community Housing Trust legitimate?
Jackson Hole Community Housing Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jackson Hole Community Housing Trust 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: $179,010
Professional Fundraising Fees: $0
Other Salaries and Wages: $460,000
For more financial information, click here
Official website here: www.housingtrustjh.org
What is the mission statement of Jackson Hole Community Housing Trust?
The Jackson Hole Community Housing Trust is committed to providing and managing affordable rental and ownership housing. Its mission is to alleviate the burden on governmental entities by offering such housing, thereby furthering its purpose. The trust manages 118 ground leases and special restrictions for its affordable homeownership program and oversees 28 rental properties with lease agreements. Its annual operations primarily revolve around managing and administering these leases and restrictions.
Official website here: www.housingtrustjh.org
Who is the CEO of Jackson Hole Community Housing Trust?
Anne Cresswell is the Executive Dir. of Jackson Hole Community Housing Trust.
Official website here: www.housingtrustjh.org
What is the revenue of Jackson Hole Community Housing Trust?
Jackson Hole Community Housing Trust's revenue in 2022 was $7,953,283.
Official website here: www.housingtrustjh.org
Who are the executives of Jackson Hole Community Housing Trust and what are their salaries?
The average compensation at Jackson Hole Community Housing Trust during 2022 was $127,802. There are 5 employees at Jackson Hole Community Housing Trust.
Here are 10 key members and their salaries:
- Compensation: $169,800
- Related: $0
- Other: $9,210
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.housingtrustjh.org
Where can I find the form 990 for Jackson Hole Community Housing Trust?
Jackson Hole Community Housing Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingtrustjh.org
Learn more at the official website: www.housingtrustjh.org
Mission Statement of Jackson Hole Community Housing Trust
The Jackson Hole Community Housing Trust is committed to providing, managing, and administering affordable rental and ownership housing. This nonprofit organization aims to alleviate the financial burden on various governmental entities by contributing to the realization of affordable housing initiatives. The Trust manages and oversees 118 ground leases and special restrictions linked to its affordable homeownership program, as well as lease agreements for 28 affordable rental properties. By taking on these responsibilities, the Jackson Hole Community Housing Trust plays a vital role in ensuring that affordable housing options are available to individuals in need, ultimately contributing to a more equitable and inclusive community.
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Impact
July, 2024
Jackson Hole Community Housing Trust's impact is significant in providing and managing affordable rental and ownership housing in Teton County, Wyoming. This organization plays a crucial role in lessening the burden on government entities by offering assistance to advance the purposes of the trust. With 118 Ground Leases and Special Restrictions associated with affordable homeownership programs, along with lease agreements for 28 affordable rental properties, Jackson Hole Community Housing Trust is actively working to address the housing needs of the community. Their mission-driven approach aims to create sustainable solutions for affordable housing, benefiting individuals and families in Teton County.
This information is meant to be a general summary of Jackson Hole Community Housing Trust. 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: -$2,516,030
- Program Service Revenue: $847,802
- Gross Receipts: $21,384,216
Assets and Liabilities:
- Total Assets: $35,506,842
- Total Liabilities: $5,981,128
- Net Assets: $29,525,714
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APPLICATION FEES
Revenue
$5,836
GROUND LEASE FEES
Revenue
$119,984
MANAGEMENT FEE
Revenue
$15,396
RENTAL INCOME
Revenue
$689,298
UNIT TRANSFER FEES
Revenue
$9,842
Organization Details
Founding Year
1991
Phone
(307) 739-0665Principal Officer
Anne Cresswell
Main Address
PO BOX 4498, JACKSON, WY, 83001
Website
www.housingtrustjh.orgNTEE Category
Code: L20 - Housing
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