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Jubilee Ministries Inc

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

EIN: 383477214 ✦ Holland, MI ✦ Designated as a 501(c)(3)

Overview

What is Jubilee Ministries Inc?

Jubilee Ministries Inc, located in Holland, Michigan, is a dedicated nonprofit organization with a mission to revitalize the city's core and provide affordable business development properties. They have successfully renovated 34 houses, turning them into homeowner-occupied residences. The organization's primary objective is to strengthen neighborhoods in the greater Holland area by developing attainable housing options, maintaining vital community assets, and collaborating with key community partners. With a workforce of 10 individuals, Jubilee Ministries Inc is committed to enhancing the livability and economic growth of its community.


Official website here: www.jubileeministriesinc.com

Is Jubilee Ministries Inc legitimate?

Jubilee Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jubilee Ministries 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.

Here are some key statistics you may want to consider:

Executive Compensation: $84,048
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,217

For more financial information, click here


Official website here: www.jubileeministriesinc.com

What is the mission statement of Jubilee Ministries Inc?

Jubilee Ministries Inc's mission is centered around improving neighborhoods. They achieve this by developing affordable housing options, managing vital community assets, and collaborating with key community partners. This mission is manifested through the stabilization and revitalization of city cores, as well as the conversion of properties into business development spaces. Notably, Jubilee Ministries has successfully renovated 34 houses, turning them into homeowner-occupied properties.


Official website here: www.jubileeministriesinc.com

Who is the CEO of Jubilee Ministries Inc?

Steve Grose is the President of Jubilee Ministries Inc.


Official website here: www.jubileeministriesinc.com

What is the revenue of Jubilee Ministries Inc?

Jubilee Ministries Inc's revenue in 2022 was $662,273.


Official website here: www.jubileeministriesinc.com

Who are the executives of Jubilee Ministries Inc and what are their salaries?

The average compensation at Jubilee Ministries Inc during 2022 was $9,526. There are 10 employees and 9 volunteers at Jubilee Ministries Inc.

Here are 10 key members and their salaries:

    Steve Grose (Executive Di)
  • Compensation: $81,600
  • Related: $0
  • Other: $0

    • Josh Franken (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Vanwylen (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Justin Lambers (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haans Mulder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erich Boileau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Schurman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Veliz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Vander Meulen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kara Nguyen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.jubileeministriesinc.com

    Where can I find the form 990 for Jubilee Ministries Inc?

    The Jubilee Ministries Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.jubileeministriesinc.com

    Learn more at the official website: www.jubileeministriesinc.com

    Mission Statement of Jubilee Ministries Inc

    Jubilee Ministries Inc is committed to enhancing neighborhoods in the broader Holland area. Their mission is twofold: firstly, they focus on creating affordable housing options for the community. Secondly, they take charge of preserving valuable community assets and collaborate with key local partners. By executing these tasks, Jubilee Ministries Inc strives to improve the overall well-being of the neighborhoods they serve.

    To achieve this mission, Jubilee Ministries Inc has initiated several projects. One of their significant contributions is the revitalization of Holland's city center. They have also converted property into affordable business development spaces. Their efforts have resulted in the renovation of 34 houses, which are now homeowner-occupied. This demonstrates their dedication to developing attainable housing options and improving the quality of life in the neighborhoods they serve.

    Jubilee Ministries Inc's approach to neighborhood strengthening is rooted in collaboration with other community partners. By working together, they are better able to address the unique needs of each neighborhood and ensure that their efforts are tailored to the specific needs of the community. This approach has proven successful in stabilizing and revitalizing neighborhoods, providing affordable housing options, and enhancing the overall quality of life for residents in the greater Holland area.

    Impact

    This information is meant to be a general summary of Jubilee Ministries Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Jubilee Ministries Inc's impact can be seen in the transformation and revitalization of neighborhoods in the greater Holland area. By focusing on the development of attainable housing options and the stewardship of vital community assets, they have played a key role in stabilizing and enhancing the city core. Through their efforts, 34 houses have been renovated and are now occupied by homeowners, contributing to the community's well-being and sustainability. Additionally, their collaboration with key community partners has led to the conversion of properties into affordable business development spaces, further supporting economic growth in the area. Jubilee Ministries' commitment to strengthening neighborhoods and fostering collaboration underscores their significant impact on the community.





    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: $0
  • Program Service Revenue: $296,953
  • Gross Receipts: $1,647,211

    • Assets and Liabilities:
  • Total Assets: $5,265,307
  • Total Liabilities: $2,446,859
  • Net Assets: $2,818,448
  • Programs

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

    MIDTOWN RENTAL

    Revenue

    $266,471

    MAPLE AVENUE

    Revenue

    $30,482

    Organization Details

    Founding Year

    1999

    Principal Officer

    Steve Grose

    Main Address

    96 W 15TH STREET SUITE 206, HOLLAND, MI, 49423

    NTEE Category

    Code: P50 - Human services

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