Jewel Foundation Incorporated

Organization Overview

Jewel Foundation Incorporated is located in La Jolla, CA. The organization was established in 1967. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Jewel Foundation Incorporated employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewel Foundation Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Jewel Foundation Incorporated generated $796.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 19.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

OPERATE AND MAINTAIN 42 APARTMENT UNITS FOR CHRISTIAN SCIENTISTS OF POOR OR INADEQUATE MEANS AT RENTS BELOW MARKET VALUE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE AND MAINTAIN 42 APARTMENT UNITS FOR CHRISTIAN SCIENTISTS OF POOR OR INADEQUATE MEANS AT RENTS BELOW MARKET VALUE.


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Board, Officers & Key Employees

Name (title)Compensation
Roby D Ogan
President
$24,000
Scott Martin
Emerald House Manager
$8,600
Joy Booth
Diamond House Manager
$7,000
Michael Stucker
Diamond House Manager
$3,000
Devon Green
Secretary
$0
Thomas Cook
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$525,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$525,000
Total Program Service Revenue$292,409
Investment income $16,266
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$37,500
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $796,175

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