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Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing

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

EIN: 202743344 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing?

Jpc Affordable Housing Foundation Inc, formerly known as Foundation For Affordable Housing, is a Newark, New Jersey-based nonprofit organization. They operate and own low-income housing properties, making a significant impact by providing affordable living spaces for individuals in need of public housing assistance. Specifically, they oversee Woods at Oak Crossings, a housing complex in Indianapolis, Indiana, with 321 multifamily units. The organization's role extends beyond direct ownership and management, as they serve as a supporting entity that coordinates activities and strengthens the mission of other organizations focusing on low-income housing.


Is Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing legitimate?

Jpc Affordable Housing Foundation Inc F/K/A Foundation For Affordable Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jpc Affordable Housing Foundation Inc F/K/A Foundation For Affordable Housing 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: $984,269

For more financial information, click here


What is the mission statement of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing?
Who is the CEO of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing?
What is the revenue of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing?
Who are the executives of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing and what are their salaries?
Where can I find the form 990 for Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing?

Mission Statement of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing

Jpc Affordable Housing Foundation Inc, formerly known as Foundation For Affordable Housing, is a nonprofit organization dedicated to providing low-income housing. The organization plays a crucial role in the community by owning and operating affordable housing units, acting as a supporting entity that coordinates activities and advances the exempt purpose of other organizations offering low-income housing.

In simple terms, Jpc Affordable Housing Foundation Inc is committed to making a difference in people's lives by ensuring they have access to affordable housing solutions. The nonprofit's mission is twofold: it directly provides low-income housing through its ownership and operation of residential units, and it supports other organizations in their efforts to do the same. By acting as a coordinating entity, Jpc Affordable Housing Foundation Inc extends its reach and influence, making a significant impact on a larger scale.

Jpc Affordable Housing Foundation Inc's dedication to providing low-income housing is evident in its operations. By leasing its units to individuals in need of public housing assistance, the nonprofit is able to create a stable living environment for those who might otherwise struggle to find affordable housing. With a focus on accessibility and affordability, Jpc Affordable Housing Foundation Inc plays a vital role in enhancing the quality of life for numerous individuals and families within the community.

Impact

This information is meant to be a general summary of Jpc Affordable Housing Foundation Inc FKA Foundation For Affordable Housing. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Jpc Affordable Housing Foundation Inc, formerly known as Foundation For Affordable Housing, has a significant impact on the community by providing low-income housing through their property, Woods at Oak Crossings, located in Indianapolis, IN. With 321 multifamily units leased to individuals in need of public housing assistance, the organization plays a crucial role in ensuring that affordable housing is available to those who require it. By fulfilling their mission of providing low-income housing, Jpc Affordable Housing Foundation Inc positively impacts the lives of individuals and families by offering them a stable and affordable 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 2022.

  • Investment Income: $11,206,062
  • Program Service Revenue: $5,828,476
  • Gross Receipts: $33,992,280

    • Assets and Liabilities:
  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0
  • Programs

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

    RENTAL INCOME

    Revenue

    $5,516,675

    ANCILLARY SERVICES

    Revenue

    $311,801

    Organization Details

    Founding Year

    2005

    Principal Officer

    Oron Zarum

    Main Address

    10 HILL STREET 1E, NEWARK, NJ, 07102

    NTEE Category

    Code: L11 - Housing

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