Jubilee Homes Of Syracuse Inc

Organization Overview

Jubilee Homes Of Syracuse Inc is located in Syracuse, NY. The organization was established in 1996. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Jubilee Homes Of Syracuse Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jubilee Homes Of Syracuse Inc 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, Jubilee Homes Of Syracuse Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $988.4k during the year ending 12/2023. While expenses have increased by 11.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE THE STANDARD OF LIVING AND PROPERTY VALUES WITHIN THE SOUTHWEST AREA OF THE CITY OF SYRACUSE THROUGH CONSTRUCTION, RENTING OR LEASING HOMES AND PROVIDING TECHNICAL ASSISTANCE TO POTENTIAL HOMEOWNERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WORKFORCE DEVELOPMENT - A PROGRAM THAT FOCUSES ON REMOVING BARRIERS FOR INDIVIDUALS THAT PREVENT THEM FROM FINDING AND OBTAINING EMPLOYMENT. THE PROGRAM WILL ASSIST CLIENTS WITH CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, JOB READINESS SKILL CREDENTIALS, SOFT SKILL DEVELOPMENT, PREPARATION FOR CONSTRUCTION & OCCUPATIONAL JOB TRAINING/CERTIFICATIONS & ASSISTANCE WITH CONTINUING EDUCATION.


CONSTRUCTION ACTIVITIES - JUBILEE HOMES OF SYRACUSE, INC IS INVOLVED IN THE CONSTRUCTION OF NEW HOMES AND BUSINESSES IN THE SOUTHWEST AREA OF THE CITY OF SYRACUSE TO CREATE COMMUNITY SUSTAINABILITY AND IMPROVE THE AESTHETIC NATURE OF THE NEIGHBORHOOD.


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Board, Officers & Key Employees

Name (title)Compensation
Tom Johnson
Treasurer
$0
Barbara Devoise
Vice President
$0
Kendra Johnson
Secretary
$0
Hollis Mathis
Board Member
$0
Zina Adjei
Board Member
$0
Tasha Fain
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $726,734
All other contributions, gifts, grants, and similar amounts not included above$224,432
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$951,166
Total Program Service Revenue$162,190
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $59,129
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,180,339

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