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Jewel Foundation Incorporated

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

EIN: 956069861 ✦ La jolla, CA ✦ Designated as a 501(c)(3)

Overview

What is Jewel Foundation Incorporated?

Jewel Foundation Incorporated is a nonprofit organization situated in La Jolla, California. With a modest workforce of four individuals, its primary mission is to provide affordable housing for Christian Scientists who may be financially struggling or fall below the market value. By managing and maintaining 42 apartment units, this organization strives to support and uplift this specific religious community in need.


Is Jewel Foundation Incorporated legitimate?

Jewel Foundation Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jewel Foundation Incorporated 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: $24,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,103

For more financial information, click here


What is the mission statement of Jewel Foundation Incorporated?
Who is the CEO of Jewel Foundation Incorporated?
What is the revenue of Jewel Foundation Incorporated?
Who are the executives of Jewel Foundation Incorporated and what are their salaries?
Where can I find the form 990 for Jewel Foundation Incorporated?

Mission Statement of Jewel Foundation Incorporated

Jewel Foundation Incorporated is dedicated to providing a vital service within the Christian Scientist community. Their mission is to operate and maintain 42 apartment units, offering affordable housing options for Christian Scientists who find themselves in financially challenging circumstances or lack sufficient resources. By doing so, the foundation ensures that these individuals can reside in these apartments at rents that are lower than the market value. This mission underscores Jewel Foundation Incorporated's commitment to supporting its community members in need, providing them with a stable living environment as they navigate their financial challenges.

Impact

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




Sunday, July 21, 2024

Jewel Foundation Incorporated has a significant impact on the community by operating and maintaining 42 apartment units for Christian Scientists of poor or inadequate means at rents below market value. Through this initiative, the organization provides affordable housing options to those in need, helping to address issues of homelessness and housing insecurity. Their dedication to offering affordable and supportive housing contributes to the well-being and stability of individuals and families in the LA JOLLA area.





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: $-21,234
  • Program Service Revenue: $292,409
  • Gross Receipts: $975,763

    • Assets and Liabilities:
  • Total Assets: $2,012,074
  • Total Liabilities: $23,175
  • Net Assets: $1,988,899
  • Programs

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

    Apt. Rentals

    Revenue

    $292,409

    Organization Details

    Founding Year

    1974

    Principal Officer

    Roby D Ogan

    Main Address

    PO Box 1757, La Jolla, CA, 92038

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Jewel Foundation Incorporated 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.