Jamaica Plain Neighborhood Development Corporation
- Assets
- $25.6m
- Revenue
- $10.0m
- Investments
- $0.0
- Employees
- 38
- Location
- Jamaica Plain, MA
- Founding
- 01/1979
- Data as of
- 12/2023
- EIN
- 04-2652919
Organization Overview
Jamaica Plain Neighborhood Development Corporation is located in Jamaica Plain, MA. The organization was established in 1979. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, Jamaica Plain Neighborhood Development Corporation employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jamaica Plain Neighborhood Development Corporation 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 12/2023, Jamaica Plain Neighborhood Development Corporation generated $10.0m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $10.4m during the year ending 12/2023. While expenses have increased by 11.4% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
JPNDC IS A NEIGHBORHOOD DEVELOPMENT CORPORATION WHICH WORKS CLOSELY WITH NEIGHBORHOOD RESIDENTS, ORGANIZATIONS, AND BUSINESSES TO CARRY OUT COMMUNITY DEVELOPMENT PROJECTS TO BENEFIT LOW INCOME RESIDENTS SUCH AS DEVELOPING AFFORDABLE HOUSING, PROVIDING JOB SERVICES, AND SPONSORING COMMUNITY ORGANIZING ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ECONOMIC DEVELOPMENT PROGRAM REACHES INTO THE COMMUNITY TO SERVE INDIVIDUALS, FAMILIES AND BUSINESSES IN NEED OF SUPPORT AND ASSISTANCE. THE TYPES OF SERVICES INCLUDE, BUT ARE NOT LIMITED TO, A HOME-BASED CHILD CARE PROGRAM, JOB SEARCH AND PLACEMENT ASSISTANCE, TECHNICAL ASSISTANCE FOR SMALL BUSINESSES AND FINANCIAL STABILITY PROGRAMS FOR FAMILIES.
THE REAL ESTATE DEVELOPMENT PROGRAM REACHES INTO THE COMMUNITY, WITH CITIZEN INVOLVEMENT, TO PROVIDE AFFORDABLE HOUSING FOR QUALIFIED INDIVIDUALS. AFFORDABLE HOUSING IS BEING CREATED THROUGH THE DEVELOPMENT OF MULTIPLE SITES IN AND AROUND JP. WHILE THE COMPANY'S PRIMARY GOAL IS TO PROVIDE AFFORDABLE HOUSING, DEVELOPMENT ACTIVITIES ALSO INCLUDE MARKET RATE HOUSING, COMMERCIAL AND RETAIL SPACE IN ORDER TO REVITALIZE THE COMMUNITY IN A COMPREHENSIVE MANNER. THESE REAL ESTATE DEVELOPMENT PROJECTS ARE EITHER WHOLLY-OWNED BY THE COMPANY OR ARE BEING DEVELOPED TOGETHER WITH VARIOUS JOINT VENTURE PARTNERS.
THE COMMUNITY ORGANIZING PROGRAM REACHES INTO THE COMMUNITY TO PROVIDE CITIZEN ASSISTANCE IN AN EFFORT TO EMPOWER THE COMMUNITY. SERVICES INCLUDE, BUT ARE NOT LIMITED TO, TRAINING COMMUNITY LEADERS, HOUSING ADVOCACY, SAFETY INITIATIVES AND PRESERVATION OF CULTURAL AND ECONOMIC DIVERSITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Hills Co-Chair, Treasurer | OfficerTrustee | 1 | $0 |
Anne Gelbspan Co-Chair | OfficerTrustee | 1 | $0 |
Kathy Brown Director | Trustee | 1 | $0 |
Bashier Kayou Director | Trustee | 1 | $0 |
Yvette Fernandez Director | Trustee | 1 | $0 |
Marc Ebuna Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jd Family Day Care Inc Child Care Services | 12/30/23 | $156,078 |
Ana Pena Child Care Services | 12/30/23 | $151,002 |
Robert Half Recruiting Company | 12/30/23 | $127,948 |
Y&a Transportation Llc Child Care Transportation | 12/30/23 | $142,902 |
Roessel Joy Llc Recruiting Company | 12/30/23 | $119,028 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,063,868 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,285,531 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,349,399 |
| Total Program Service Revenue | $7,531,675 |
| Investment income | $54,432 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,049,053 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $74,845 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $353,518 |
| Compensation of current officers, directors, key employees. | $106,053 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,499,233 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $300,050 |
| Payroll taxes | $264,326 |
| Fees for services: Management | $28,115 |
| Fees for services: Legal | $67,780 |
| Fees for services: Accounting | $198,902 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,721,004 |
| Advertising and promotion | $14,828 |
| Office expenses | $582,877 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $527,660 |
| Travel | $28,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,701 |
| Interest | $3,636 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,786 |
| Insurance | $40,594 |
| All other expenses | $0 |
| Total functional expenses | $10,435,338 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,204,672 |
| Savings and temporary cash investments | $3,619,950 |
| Pledges and grants receivable | $560,894 |
| Accounts receivable, net | $193,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,704,372 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $48,195 |
| Net Land, buildings, and equipment | $4,735,570 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $227,350 |
| Intangible assets | $62,176 |
| Other assets | $12,284,568 |
| Total assets | $25,640,757 |
| Accounts payable and accrued expenses | $2,227,422 |
| Grants payable | $0 |
| Deferred revenue | $364,634 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $12,120,779 |
| Unsecured mortgages and notes payable | $100,000 |
| Other liabilities | $689,655 |
| Total liabilities | $15,502,490 |
| Net assets without donor restrictions | $9,504,054 |
| Net assets with donor restrictions | $634,213 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $25,640,757 |
Grants Awarded
Over the last fiscal year, Jamaica Plain Neighborhood Development Corporation has awarded $885,246 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BREWERY DEVELOPMENT COMPANY OF JAMAICA PLAIN (BDC) PURPOSE: SUPPORT OF AFFORDABLE HOUSING DEVELOPMENT PROGRAM. | $79,421 |
75 AMORY APARTMENTS LLC PURPOSE: SUPPORT OF AFFORDABLE HOUSING DEVELOPMENT PROGRAM. | $805,825 |