Overview
What is Cjca Development Inc?
Cjca Development Inc is a nonprofit organization situated in Jefferson City, Missouri, specifically at 2013 William Street. Their primary mission is to develop and provide low-income housing for individuals struggling with severe and persistent mental health disabilities. They have completed four duplex units at the Mckee Development site in Columbia, Missouri, in 2020 and 2021, which have been rented to qualified individuals. The organization has received rent subsidies from New Horizons Community Support Services, enabling the tenants to pay an average of 43% of the fair rental value for each duplex unit. Over the next two years, Cjca Development Inc plans to expand its facilities, eventually housing approximately 30 individuals in total.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Cjca Development Inc received a low rating of 56%, indicating significant areas for improvement, particularly in accountability and financial transparency. The organization has a majority of its board members lacking independence, which can raise concerns regarding oversight and governance. While it has a strong program expense ratio of 94.06%, suggesting that most of its funds are directed toward programs, the lack of financial statements is a notable weakness.
The organization does have a conflict of interest policy in place, which is a positive aspect, but several critical policies such as whistleblower protection and document retention are missing. Additionally, it has not made its tax form available on its website, which is a standard practice for transparency. The presence of minutes from board meetings demonstrates some level of operational diligence, but the overall lack of independent oversight and transparency could hinder public trust.
Despite these limitations, the charity shows positive commitment in program expenditure, which can be seen as a strength. However, without addressing its governance and transparency issues, it may struggle to gain broader support from potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cjca Development Inc legitimate?
Cjca Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cjca Development 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 Cjca Development Inc?
Cjca Development Inc's mission is focused on providing subsidized, low-income housing for individuals with severe and persistent mental disabilities. The organization is committed to constructing such facilities over the next two years, with an aim to house approximately 30 individuals. In 2020 and 2021, four duplex units were completed at the McKee Development site in an unspecified location. These units were rented to eight qualifying individuals, with financial assistance provided through rent subsidies of $37,731 from New Horizons Community Support Services. As a result of the subsidy, the tenants paid an average of 43% of the fair rental value for each duplex unit.
Who is the CEO of Cjca Development Inc?
Chi L Cheung is the President of Cjca Development Inc.
What is the revenue of Cjca Development Inc?
Cjca Development Inc's revenue in 2023 was $1,363,138.
Who are the executives of Cjca Development Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $178,834
- Other: $7,349
- Compensation: $0
- Related: $111,727
- Other: $11,367
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cjca Development Inc?
Cjca Development Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Cjca Development Inc
Cjca Development Inc, as an organization, is committed to developing and managing low-income and subsidized housing facilities specifically designed for individuals with severe and persistent mental health disabilities. Their mission is to provide these individuals with a safe and supportive living environment, ensuring they have access to the resources they need to improve their quality of life. Over the next two years, Cjca Development Inc plans to construct additional facilities, eventually accommodating around 30 individuals.
In 2020 and 2021, the organization completed four duplex units at the Mckee Development site in Columbia, Missouri. These units were subsequently rented to eight eligible individuals, who benefited from subsidies provided by New Horizons Community Support Services. As a result of these subsidies, the tenants were able to pay an average of 43% of the fair rental value for each duplex unit, significantly reducing their housing expenses. This initiative by Cjca Development Inc highlights their dedication to making affordable housing options a reality for individuals with mental health disabilities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Cjca Development Inc's impact lies in providing subsidized and low-income housing for individuals with severe and persistent mental disabilities. By developing and owning such housing facilities, the organization contributes to improving the quality of life and housing stability for these vulnerable individuals. Through its mission of creating supportive living environments, Cjca Development Inc plays a crucial role in addressing the specific housing needs of this underserved population, ultimately making a positive difference in their lives.
This information is meant to be a general summary of Cjca Development 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 2023.
- Investment Income: $2,039
- Program Service Revenue: $97,340
- Gross Receipts: $1,363,138
Assets and Liabilities:
- Total Assets: $4,953,092
- Total Liabilities: $16,419
- Net Assets: $4,936,673
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$95,215
LAUNDRY REVENUE
Revenue
$1,915
TENANT CHARGES
Revenue
$210
Organization Details
Founding Year
2019
Phone
(573) 636-8108Principal Officer
Chi L Cheung
Main Address
2013 WILLIAM STREET, JEFFERSON CITY, MO, 65109
NTEE Category
Code: L12 - Housing
If you are a representative of Cjca Development Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.