Jasa Corporation
- Assets
- $72.5m
- Revenue
- $10.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 13-3936007
Organization Overview
Jasa Corporation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jasa 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 06/2022, Jasa Corporation generated $10.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 44.5% each year . All expenses for the organization totaled $11.1m during the year ending 06/2022. While expenses have increased by 39.3% per year over the past 4 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUSTAIN & ENRICH THE LIVES OF THE AGING IN THE NY METRO AREA SO THEY CAN REMAIN IN THE COMMUNITY WITH DIGNITY & AUTONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JASA CORPORATION PROVIDE HOUSING MANAGEMENT SERVICES TO LOW-INCOME HOUSING DEVELOPMENT FOR OLDER ADULTS AND PROVIDING SERVICES TO ASSIST TENANTS IN REMAINING IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Cohen Trustee | Trustee | 28 | $0 |
Andrea Landes Trustee | Trustee | 1 | $0 |
Bonnie D Rosenberg Treasurer | OfficerTrustee | 1 | $0 |
Carol Chinn Trustee | Trustee | 1 | $0 |
David Hildes Trustee | Trustee | 1 | $0 |
Donald Manning Trustee | Trustee | 28 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $75,861 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,026,305 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,102,166 |
| Total Program Service Revenue | $6,658,143 |
| Investment income | $1,441,772 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $443,461 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,651,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,351,181 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $651,988 |
| Fees for services: Legal | $6,969 |
| Fees for services: Accounting | $56,364 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,815 |
| Advertising and promotion | $928 |
| Office expenses | $38,277 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $873,070 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,971,783 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $528,474 |
| Insurance | $306,392 |
| All other expenses | $1,420 |
| Total functional expenses | $11,059,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,858,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $93,620 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $239,091 |
| Net Land, buildings, and equipment | $7,476,846 |
| Investments—publicly traded securities | $52,473,696 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $642,411 |
| Other assets | $1,711,953 |
| Total assets | $72,496,037 |
| Accounts payable and accrued expenses | $1,749,439 |
| Grants payable | $0 |
| Deferred revenue | $4,980 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $35,146 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,105,729 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $247,359 |
| Total liabilities | $50,142,653 |
| Net assets without donor restrictions | $22,353,384 |
| Net assets with donor restrictions | $0 |
| 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 | $72,496,037 |
Grants Awarded
Over the last fiscal year, Jasa Corporation has awarded $6,351,181 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JEWISH ASSOCIATION FOR SERVICES FOR THE AGED PURPOSE: GRANTS | $4,090,445 |
JEWISH HOUSING MANAGEMENT PURPOSE: GRANTS | $2,260,736 |