Overview
What is Vern Jolly Corporation?
The Vern Jolly Corporation is a nonprofit organization situated in Albuquerque, New Mexico, specifically at 5601 Domingo Rd NE. Their primary mission is to offer housing and independent living programs to individuals who are recovering from mental illness. By providing these essential services, the corporation aims to support their recovery process, enabling them to live independently and improve their quality of life.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating
The Vern Jolly Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The overall score reflects significant strengths, including a fully independent board and a high program expense ratio, showcasing effective allocation of funds toward its mission.
However, there are notable limitations that have impacted the rating. The organization is missing critical policies such as whistleblower and document retention policies, which are essential for operational transparency. Additionally, the organization's liabilities to assets ratio raised concerns, resulting in a lower score in this area.
Overall, while the Vern Jolly Corporation demonstrates positive aspects in governance and program expenses, addressing the gaps in policy documentation and improving financial ratios would enhance its accountability and potentially improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Vern Jolly Corporation legitimate?
Vern Jolly Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vern Jolly 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Vern Jolly Corporation?
The Vern Jolly Corporation's mission is centered around offering housing and independent living programs to individuals who are in the process of recovering from mental illness. The organization's primary goal is to provide a supportive environment that aids in their recovery and promotes self-sufficiency. This is accomplished through various programs designed to help these individuals regain their independence and reintegrate into society. The corporation's activities are focused on offering housing solutions and resources that foster recovery and personal growth for individuals dealing with mental health challenges.
Who is the CEO of Vern Jolly Corporation?
Tamne Robinson is the President of Vern Jolly Corporation.
What is the revenue of Vern Jolly Corporation?
Vern Jolly Corporation's revenue in 2022 was $39,899.
Who are the executives of Vern Jolly Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $95,826
- Other: $16,122
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Vern Jolly Corporation?
Vern Jolly Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Vern Jolly Corporation
The Vern Jolly Corporation is dedicated to serving individuals who are in the process of recovering from mental illness. Their mission is centered around providing housing and independent living programs, offering a supportive environment that empowers these individuals to regain their independence and improve their overall well-being. The corporation's primary goal is to assist in the recovery process, offering a range of programs designed to help individuals navigate their journey towards self-sufficiency. By providing these vital services, the Vern Jolly Corporation plays a crucial role in improving the lives of those affected by mental illness.
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Impact
August, 2024
The Vern Jolly Corporation's impact lies in its provision of housing and independent living programs for individuals recovering from mental illness in Albuquerque, NM. Through its mission to support those in need of mental health assistance, the corporation plays a crucial role in offering necessary resources and assistance for individuals on their path to recovery and independent living. Overall, the Vern Jolly Corporation contributes significantly to the well-being and stability of the mental health community in Albuquerque.
This information is meant to be a general summary of Vern Jolly 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 2022.
- Investment Income: $2
- Program Service Revenue: $23,773
- Gross Receipts: $39,899
Assets and Liabilities:
- Total Assets: $44,564
- Total Liabilities: $109,618
- Net Assets: -$65,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Client fees
Revenue
$23,773
Organization Details
Founding Year
1991
Principal Officer
Tamne Robinson
Main Address
5601 Domingo Rd NE, Albuquerque, NM, 87108
NTEE Category
Code: P73Z - Human services
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