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Jewel Lake Senior Housing Inc

Jewel Lake Plaza

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 920167200 ✦ Portland, OR ✦ Designated as a 501(c)(3)

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Overview

What is Jewel Lake Senior Housing Inc?

Jewel Lake Senior Housing Inc, located at 1625 SE Lafayette St, Portland, OR 97202, is a nonprofit organization dedicated to providing affordable housing for elderly individuals and other low-income families. Their mission is centered around offering accessible living accommodations, benefiting approximately 19 individuals and families within the community. Their primary activity revolves around this affordable housing provision, aiming to cater to the housing needs of the elderly and those with limited income.

Is Jewel Lake Senior Housing Inc legitimate?

Jewel Lake Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewel Lake Senior Housing 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: $31,642

For more financial information, click here

What is the mission statement of Jewel Lake Senior Housing Inc?

Jewel Lake Senior Housing Inc is committed to providing affordable housing for elderly individuals and other low-income families. Their mission is to make a difference in the lives of approximately 19 individuals and families by offering them a place to call home within their means. This organization strives to ensure that everyone, regardless of their financial situation, has access to decent and secure housing, thereby enhancing their quality of life. Their primary activity revolves around offering affordable housing solutions, thereby contributing to a more inclusive and equitable community.

Who is the CEO of Jewel Lake Senior Housing Inc?

Richard Henningsen is the President of Jewel Lake Senior Housing Inc.

What is the revenue of Jewel Lake Senior Housing Inc?

Jewel Lake Senior Housing Inc's revenue in 2023 was $203,788.

Who are the executives of Jewel Lake Senior Housing Inc and what are their salaries?


Here are 4 key members and their salaries:


Barbara Henningsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Henningsen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dora Soria (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Varner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jewel Lake Senior Housing Inc?

Jewel Lake Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Jewel Lake Senior Housing Inc

Jewel Lake Senior Housing Inc, as its mission statement suggests, is committed to providing affordable housing for elderly individuals and families falling under the low-income category. The organization's primary goal is to offer a living space that is both affordable and accessible to those who might otherwise struggle with housing costs. By catering to this demographic, Jewel Lake Senior Housing Inc has successfully benefited approximately 19 individuals and families, providing them with a stable and secure living environment. The organization's efforts in this area not only contribute to the well-being of its residents but also play a role in fostering a sense of community and support among them.

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Impact




October, 2024

Jewel Lake Senior Housing Inc significantly enhances the quality of life for elderly individuals and low-income residents by offering affordable housing solutions. By providing stable and secure living arrangements, the organization benefits approximately 19 individuals and families in the Portland area. This commitment to affordable housing not only addresses the critical need for safe shelter among vulnerable populations but also fosters a sense of community and belonging, enabling residents to thrive in their daily lives.




This information is meant to be a general summary of Jewel Lake Senior Housing 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.

Revenue
$203,788 (2023)
Expenses
$272,627 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $83
  • Program Service Revenue: $203,705
  • Gross Receipts: $203,788

Assets and Liabilities:

  • Total Assets: $1,089,457
  • Total Liabilities: $2,363,233
  • Net Assets: -$1,273,776

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTS FOR LOW INCOME HOUSING

Revenue

$202,810

LAUNDRY AND VENDING

Revenue

$895

Organization Details

Founding Year

2000

Principal Officer

Richard Henningsen

Main Address

1625 SE LAFAYETTE ST, PORTLAND, OR, 97202

NTEE Category

Code: L22 - Housing

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