Overview
What is Jo-Ellens House Foundation?
The Jo-Ellens House Foundation is a nonprofit organization based in Las Vegas, Nevada, located at 3225 McLeod Drive 100. Established in 2021, their primary mission is to offer shared community and transitional housing accommodations for individuals who are recovering from drug addiction, substance use disorder, and experiencing housing insecurities. They also provide medically assisted treatment. The foundation has achieved significant milestones, including obtaining tax-exempt status, securing initial contributions of approximately $450,000 in 2021 and 2022, and reinvesting these funds into a stock portfolio to generate income, thereby strengthening their ability to fulfill their mission.
Is Jo-Ellens House Foundation legitimate?
Jo-Ellens House Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jo-Ellens House Foundation 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
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What is the mission statement of Jo-Ellens House Foundation?
The Jo-Ellens House Foundation's mission is centered around providing shared community and transitional housing accommodations for individuals who are recovering from drug addiction, dealing with substance use disorder, undergoing medically assisted treatment, and experiencing housing insecurities. The organization strives to offer a supportive environment during their recovery journey. One of its notable achievements is the establishment of the corporation in 2021, securing tax-exempt status, and receiving initial contributions totaling approximately $450,000 in 2021 and 2022. These funds were then reinvested into a stock portfolio to generate income, furthering the organization's mission.
Who is the CEO of Jo-Ellens House Foundation?
Kenneth E Varner is the President of Jo-Ellens House Foundation.
What is the revenue of Jo-Ellens House Foundation?
Jo-Ellens House Foundation's revenue in 2022 was $150,206.
Who are the executives of Jo-Ellens House Foundation and what are their salaries?
There 2 volunteers at Jo-Ellens House Foundation.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Jo-Ellens House Foundation?
Jo-Ellens House Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jo-Ellens House Foundation
Jo-Ellens House Foundation is a nonprofit organization dedicated to providing shared community and transitional housing accommodations for individuals who are recovering from substance use disorders, dealing with drug addiction, and experiencing housing insecurities. The organization's mission is to offer a supportive living environment where these individuals can receive medically assisted treatment and begin their journey towards recovery.
Established recently in 2021, Jo-Ellens House Foundation has made significant strides in achieving its mission. The organization has obtained tax-exempt status, securing financial support in the form of initial contributions totaling approximately $450,000 in 2021 and 2022. These contributions have been strategically reinvested into a stock portfolio, generating income that further fuels the organization's mission to provide housing and support for individuals in recovery.
By offering shared community and transitional housing, Jo-Ellens House Foundation aims to create a nurturing environment that fosters a sense of community and mutual support among its residents. This approach enables individuals to heal and rebuild their lives, providing them with the necessary tools to overcome their substance use disorders and regain their independence. The organization's mission is a testament to its commitment to helping those in need, offering a pathway to recovery and a brighter future.
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Impact
October, 2024
Jo-Ellens House Foundation significantly impacts the lives of individuals recovering from drug addiction and substance use disorders in the Las Vegas area. By providing shared community and transitional housing accommodations, the foundation addresses critical housing insecurities faced by those in recovery.
Since its establishment in 2021, the foundation has made remarkable strides in its mission. With the successful formation of its corporation and obtaining tax-exempt status, it has garnered initial contributions of approximately $450,000 in its first two years. These funds have been strategically reinvested into a stock portfolio, generating income to further support its ongoing initiatives.
By creating a supportive living environment, the foundation not only enhances recovery opportunities but also fosters a sense of community among residents, proving essential for those navigating the challenges of addiction recovery. The impact of Jo-Ellens House Foundation resonates in the lives it touches, offering hope and a pathway toward stability and healing.
This information is meant to be a general summary of Jo-Ellens House Foundation. 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: $206
- Gross Receipts: $150,206
Assets and Liabilities:
- Total Assets: $450,206
- Total Liabilities: $6,374
- Net Assets: $443,832
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Organization Details
Founding Year
2021
Phone
(650) 353-6382Principal Officer
Kenneth E Varner
Main Address
3225 MCLEOD DRIVE 100, LAS VEGAS, NV, 89121
NTEE Category
Code: L40 - Housing
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