Overview
What is Jewish Community Housing Corporation?
The Jewish Community Housing Corporation, based in Albuquerque, New Mexico, is a nonprofit organization primarily dedicated to providing HUD-subsidized housing for the elderly with limited income. Their mission encompasses offering decent, safe, and sanitary living spaces to this demographic, as well as providing financial aid to support them. With 47 apartments available, they aim to cater to the housing needs of this specific community, ensuring they live in a comfortable and secure environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
The Jewish Community Housing Corporation has received a Three-Star rating, which reflects an overall score of 82%. This rating is based solely on its Accountability & Finance metrics, demonstrating a strong commitment to transparency and responsible financial management. The organization's high scores in various categories, including independent board members and financial statements, highlight its effective governance practices.
One notable strength is the organization’s 100% independent board, which ensures a balanced and impartial oversight. Additionally, the organization has maintained an excellent Program Expense Ratio of 95.14%, indicating that a significant portion of its expenditures go directly toward its programs rather than administrative costs. The absence of material diversions of assets further underscores its financial integrity.
While the rating is positive, the overall score derives from a single beacon score. This may suggest limited insight into other operational areas that could be assessed for a more comprehensive view of the organization's impact and effectiveness. Nonetheless, the strong accountability and finance metrics provide confidence in the Jewish Community Housing Corporation's financial health.
This AI summary has been generated from information found on Charity Navigator.
Is Jewish Community Housing Corporation legitimate?
Jewish Community Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewish Community Housing Corporation 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: $58,708
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,650
For more financial information, click here
What is the mission statement of Jewish Community Housing Corporation?
The Jewish Community Housing Corporation's mission revolves around providing housing solutions for the elderly with low to moderate income. Their exempt purposes include offering suitable, secure, and hygienic living spaces, while also providing financial aid to support these individuals. Their key objective is to ensure decent, safe, and sanitary housing for those in need.
Who is the CEO of Jewish Community Housing Corporation?
Lisa K Witt is the Director of Jewish Community Housing Corporation.
What is the revenue of Jewish Community Housing Corporation?
Jewish Community Housing Corporation's revenue in 2023 was $600,109.
Who are the executives of Jewish Community Housing Corporation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Jewish Community Housing Corporation?
Jewish Community Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Jewish Community Housing Corporation
Jewish Community Housing Corporation is committed to providing housing solutions for the elderly with modest incomes. Their mission, as stated by their exempt purposes, involves offering suitable, safe, and sanitary accommodations to this demographic. Furthermore, the corporation extends financial aid to these individuals, ensuring that affordable housing is within their reach. In essence, Jewish Community Housing Corporation is dedicated to enhancing the living conditions of elderly individuals with limited financial resources, providing them with a decent place to call home.
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Impact
July, 2024
Jewish Community Housing Corporation provides HUD subsidized housing for the well elderly in Albuquerque, NM. Their impact lies in offering 47 apartments to low and moderate-income individuals, ensuring they have access to decent, safe, and sanitary housing. This initiative supports the well-being and quality of life of elderly residents in the community, providing essential housing assistance for those in need.
This information is meant to be a general summary of Jewish Community Housing Corporation. 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: $479
- Program Service Revenue: $599,630
- Gross Receipts: $600,109
Assets and Liabilities:
- Total Assets: $785,842
- Total Liabilities: $331,356
- Net Assets: $454,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE
Revenue
$407,294
RENTAL INCOME
Revenue
$189,747
LAUNDRY AND VENDING
Revenue
$2,589
Organization Details
Founding Year
1985
Phone
(505) 291-1818Principal Officer
Lisa K Witt
Main Address
5500 WYOMING BLVD NE, ALBUQUERQUE, NM, 87109
NTEE Category
Code: L22 - Housing
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