Jones Memorial Homes Inc

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

EIN: 941644644 ✦ San francisco, CA ✦ Designated as a 501(c)(4)

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Overview

What is Jones Memorial Homes Inc?

Jones Memorial Homes Inc is a nonprofit organization situated in San Francisco, California, specifically at 1727 Fillmore Street, with a focus on providing housing solutions. Established under sections 202 and 236 of the National Housing Act, the organization operates two residential properties that cater to the needs of elderly, handicapped, and low-income families. Their mission is to offer a safe and comfortable living environment for these individuals, ensuring they have access to necessary amenities and support. The organization's activities are dedicated to managing and maintaining these properties to meet the unique needs of its residents.

Is Jones Memorial Homes Inc legitimate?

Jones Memorial Homes Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Jones Memorial Homes 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: $291,131

For more financial information, click here

What is the mission statement of Jones Memorial Homes Inc?

Jones Memorial Homes Inc. was established with the objective of managing and operating two residential properties specifically designed for the elderly, individuals with disabilities, and low-income families. This mission is carried out in compliance with Sections 202 and 236 of the National Housing Act. The corporation's primary focus is to provide housing solutions for these vulnerable groups, ensuring they have access to safe and affordable living spaces in San Francisco. This mission reflects a commitment to social responsibility and community development, aiming to improve the quality of life for these individuals.

Who is the CEO of Jones Memorial Homes Inc?

Emmett Cobb is the President of Jones Memorial Homes Inc.

What is the revenue of Jones Memorial Homes Inc?

Jones Memorial Homes Inc's revenue in 2022 was $3,976,714.

Who are the executives of Jones Memorial Homes Inc and what are their salaries?


Here are 6 key members and their salaries:


Rozelle Lee (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Mccray (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emmett Cobb (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Norman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Toliver (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Jones Memorial Homes Inc?

Jones Memorial Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Jones Memorial Homes Inc

Jones Memorial Homes Inc was established with a mission to provide housing solutions for the elderly, handicapped, and low-income families in San Francisco. This mission is carried out under the provisions of Sections 202 and 236 of the National Housing Act. The organization operates two apartment properties, dedicating its resources to ensuring that these vulnerable groups have access to safe and affordable housing. By doing so, Jones Memorial Homes Inc plays a crucial role in promoting the well-being of these individuals and contributing to their overall quality of life.

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Impact




October, 2024

Jones Memorial Homes Inc significantly enhances the quality of life for elderly individuals, handicapped residents, and low-income families in San Francisco by providing stable and affordable housing options. Through its management of two apartment properties, the organization addresses critical housing needs under Sections 202 and 236 of the National Housing Act, ensuring that vulnerable populations have access to safe and supportive living environments.

The impact of Jones Memorial Homes extends beyond mere shelter; it fosters a sense of community and belonging, allowing residents to thrive in a nurturing environment. By prioritizing the needs of these groups, the organization plays a vital role in combating housing insecurity and its associated challenges, ultimately contributing to the overall well-being and dignity of its residents.




This information is meant to be a general summary of Jones Memorial Homes 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
$3,976,714 (2022)
Expenses
$2,091,647 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,080
  • Program Service Revenue: $3,966,634
  • Gross Receipts: $3,976,714

Assets and Liabilities:

  • Total Assets: $15,687,554
  • Total Liabilities: $92,631
  • Net Assets: $15,594,923

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Programs

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

TENANT RENTS

Revenue

$727,167

HUD SECTION 8

Revenue

$3,237,451

LAUNDRY & OTHER

Revenue

$2,016

Organization Details

Founding Year

1962

Principal Officer

Emmett Cobb

Main Address

1727 FILLMORE STREET, SAN FRANCISCO, CA, 94115

NTEE Category

Code: L20 - Housing

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