Jamaica Capital Corporation
- Assets
- $4.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jamaica, NY
- Founding
- 11/2005
- Data as of
- 12/2021
- EIN
- 13-4214984
Organization Overview
Jamaica Capital Corporation is located in Jamaica, NY. The organization was established in 2005. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, 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. Jamaica Capital Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
JCC'S EFFORTS HAVE BEEN FOCUSED ON THE DEVELOPMENT OF SEVERAL, LARGE-SCALE UNDERUTILIZED SITES IN THE AREA IMMEDIATELY ADJACENT TO THE AIRTRAIN/LIRR STATION. ON ONE SITE, JCC PURCHASED PROPERTY CREATING A SIGNIFICANT ASSEMBLAGE. JCC AND GJDC SOLD THE PARCELS TO BE DEVELOPED AS A 700,000 SQUARE FOOT 669 UNIT MIXED-INCOME HOUSING AND RETAIL PROJECT. THE TRANSACTION CLOSED IN MAY 2015. THE BUILDINGS ON THE SITE ARE NOW DEMOLISHED AND THE PROJECT IS IN CONSTRUCTION. THE PROJECT HAS CATALYZED OTHER ECONOMIC DEVELOPMENT ACTIVITY IN THE STATION AREA AND ELSEWHERE IN JAMAICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Dimola Executive Director | 0.1 | $0 | |
John C Simons Director | 0.1 | $0 | |
Hope Knight Ceo/president (outgoing) | 0.1 | $0 | |
Todd S Benenson Treasurer/cfo | 0.1 | $0 | |
Justin Rodgers Ceo/president | 0.1 | $0 | |
Jonathan White Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $507 |
| Total expenses | $507 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $453 |
| Other assets | $0 |
| Total assets | $4,453 |
| Total liabilities | $863 |
| Net assets or fund balances | $3,590 |
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