Jubilee Foundation

Organization Overview

Jubilee Foundation is located in Pasco, WA. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee Foundation 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 12/2021, Jubilee Foundation generated $13.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 11.1% per year over the past 6 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 990T Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

THE ORGANIZATION PROVIDES TIERRA VIDA MULTI-FAMILY HOUSING TO LOW-INCOME INDIVIDUALS AND FAMILIES. IN ADDITION TO THE AFFORDABLE HOUSING PROGRAM, THE ORGANIZATION ALSO PROVIDES YOUTH PROGRAMMING, COMMUNITY LEADERSHIP DEVELOPMENT, AND COUNSELING SERVICES TO RESIDENTS WITHIN THE MULTI-FAMILY HOUSING AND COMMUNITY MEMBERS WITHIN THE TIERRA VIDA DEVELOPMENT.


THE NEIGHBORHOOD AND COMMUNITY OUTREACH PROGRAM SEEKS TO BRING THE PEOPLE IN THE COMMUNITY A SENSE OF SAFETY, BELONGING, TOGETHERNESS AND AGENCY. COMMUNITY OUTREACH SEEKS TO ENGAGE THOSE LIVING IN THE TIERRA VIDA COMMUNITY UNDER THE BELIEF THAT EVERYONE SHOULD BE KNOWN AND LOVED. STAFF IN OUR COMMUNITIES WALK ALONGSIDE THOSE WHO MAY BE AT RISK OF BEING LOST, FORGOTTEN OR PUSHED ASIDE. IN OUR APPROACH TO DO 'WITH NOT 'FOR', WE SEEK TO EQUIP INDIVIDUALS AND FAMILIES WITH THE CAPACITY TO MOVE PAST THEIR CHALLENGES AND ENGAGE THE WORLD. OVERALL, OUR HOPE IS THAT THROUGH WALKING WITH THOSE WHO ARE ALIENATED THAT JUBILEE FOUNDATION CAN NURTURE A CULTURE WITHIN COMMUNITIES THAT ENHANCES THE LEVEL OF INTERACTION AND CARE THAT WE HAVE FOR EACH OTHER.


SUMMER PROGRAMS PROVIDE SUMMER EXPERIENCES FOR CHILDREN OF THE TIERRA VIA COMMUNITY AND LOW-INCOME FAMILIES FROM JUBILEE'S MULTI-FAMILY HOUSING. PROGRAMMING FOCUSES ON OFFERING AT-RISK CHILDREN OPPORTUNITIES TO BE EXPOSED TO ENRICHMENT PROGRAMMING.


THE ORGANIZATION PROVIDES THE FACILITIES FOR THE CENTER FOR SHARING, A TAX-EXEMPT CHRISTIAN-BASED ORGANIZATION IN PASCO, WASHINGTON THAT PROVIDES PROGRAMS EMPHASIZING SERVANT-LEADERSHIP TRAINING AND SERVICE WORK TO COMMUNITIES AROUND THE WORLD AND A WORK-READINESS PROGRAM. THE ORGANIZATION ALSO PROVIDES THE USE OF FACILITIES FOR VISTA HERMOSA FOUNDATION, A TAX-EXEMPT ORGANIZATION BASED IN PASCO, WASHINGTON THAT OPERATES A PRIVATE, CHRISTIAN SCHOOL FOR GRADES K-8 AND PROVIDES SCHOLARSHIPS, MENTORING, AND SUPPORT TO STUDENTS IN THE EASTERN WASHINGTON REGION INTERESTED IN PURSUING HIGHER EDUCATION.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Chervenell Construction Co
$5,198,181
Bluecadet Llc
$318,232
U S Bank Wealth Management
$330,105
Dlc Architect
$66,841
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $966,384
Dividends & Interest $1,254,401
Net Rental Income$168,843
Net Gain on Sale of Assets $9,778,107
Capital Gain Net Income $9,778,107
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $115,936
Total Revenue $13,515,823

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Jubilee Foundation has recieved totaling $25,891.

Awarding OrganizationAmount
World Vision

Federal Way, WA

PURPOSE: Development

$25,891
View Grant Recipient Profile

Peer Organizations

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Yakima, WA
$14,954,134
Lynden Christian School
Lynden, WA
$13,182,296
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Portland, OR
$16,675,451
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Community Development Inc
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$14,412,416
Alaska Christian College
Soldotna, AK
$4,929,517
Black Diamond Camps
Auburn, WA
$4,787,824
Serving Usa Inc
Camas, WA
$3,743,258
Cannon Beach Conference Center
Cannon Beach, OR
$5,412,142
Gospel Outreach
College Place, WA
$3,734,664
Bible Mennonite Fellowship
Mcminnville, OR
$4,194,046
Interfaith Works
Olympia, WA
$4,685,238

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