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Jenks Mill Housing Corporation

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

EIN: 061477231 ✦ Cumberland, RI ✦ Designated as a 501(c)(3)

Overview

What is Jenks Mill Housing Corporation?

Jenks Mill Housing Corporation is a nonprofit organization based in Cumberland, Rhode Island, specifically located at 1029 Mendon Road. Their primary mission is to provide affordable housing for the elderly and disabled, adhering to Section 202 of the National Housing Act. They accomplish this by owning and managing a 62-unit apartment complex named Jenks Mill in Cumberland. Regulated by HUD, they ensure reasonable rental charges and operate in accordance with established methods, committed to enhancing living conditions for their targeted population.


Official website here: www.valleyaffordable.org

Is Jenks Mill Housing Corporation legitimate?

Jenks Mill Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jenks Mill 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $98,687

For more financial information, click here


Official website here: www.valleyaffordable.org

What is the mission statement of Jenks Mill Housing Corporation?

Jenks Mill Housing Corporation's mission is centered around providing affordable housing. Specifically, they aim to cater to the elderly and disabled population, offering them a place to reside. They accomplish this by owning and managing a 62-unit apartment complex, adhering to the regulations set by the U.S. Department of Housing and Urban Development (HUD) regarding rental charges and operating methods. The corporation, located in an unspecified area, operates Jenks Mill, a well-known 62-unit apartment complex, under Section 202 of the National Housing Act.


Official website here: www.valleyaffordable.org

Who is the CEO of Jenks Mill Housing Corporation?

Paul Gagne is the Principal Officer of Jenks Mill Housing Corporation.


Official website here: www.valleyaffordable.org

What is the revenue of Jenks Mill Housing Corporation?

Jenks Mill Housing Corporation's revenue in 2023 was $541,631.


Official website here: www.valleyaffordable.org

Who are the executives of Jenks Mill Housing Corporation and what are their salaries?

Here are 8 key members and their salaries:

    Edward Mulholland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Esther Lavallee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Macqueen Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joanne Buttie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Bessett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Lamagna (Chair/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Hilton (Vchair/Sec)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.valleyaffordable.org

    Where can I find the form 990 for Jenks Mill Housing Corporation?

    The Jenks Mill Housing Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.valleyaffordable.org

    Learn more at the official website: www.valleyaffordable.org

    Mission Statement of Jenks Mill Housing Corporation

    Jenks Mill Housing Corporation is a dedicated organization that aims to provide affordable housing for the elderly and disabled. Situated in an unspecified location, the corporation operates under Section 202 of the National Housing Act. Regulated by HUD, they establish rental charges and operating methods to ensure the provision of low-income housing. The cornerstone of their mission is a 62-unit apartment complex, known as Jenks Mill, located in Cumberland, RI. This housing complex serves as a sanctuary for the elderly residents in the Providence, RI area, providing them with essential amenities and a secure living environment.

    Impact

    This information is meant to be a general summary of Jenks Mill Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Jenks Mill Housing Corporation's impact lies in its provision of affordable housing for the elderly and disabled in Cumberland, Rhode Island. By owning and operating a 62-unit apartment complex, Jenks Mill offers low-income housing to elderly individuals in the Providence area under Section 202 of the National Housing Act. Regulated by HUD in terms of rental charges and operating methods, Jenks Mill plays a crucial role in addressing the housing needs of vulnerable populations, ensuring they have a safe and comfortable place to call home.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $150
  • Program Service Revenue: $288,251
  • Gross Receipts: $541,631

    • Assets and Liabilities:
  • Total Assets: $2,603,770
  • Total Liabilities: $5,060,057
  • Net Assets: -$2,456,287
  • Programs

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

    TENANT RENT

    Revenue

    $284,010

    LAUNDRY REVENUE

    Revenue

    $4,004

    TENANT CHARGES

    Revenue

    $237

    Organization Details

    Founding Year

    1997

    Principal Officer

    Paul Gagne

    Main Address

    1029 MENDON ROAD, CUMBERLAND, RI, 02864

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Jenks Mill Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.