Jonah Affordable Housing Organization
- Assets
- $2.2m
- Revenue
- $513.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Jackson, TN
- Founding
- 06/1998
- Data as of
- 06/2021
- EIN
- 58-2196298
Organization Overview
Jonah Affordable Housing Organization is located in Jackson, TN. The organization was established in 1998. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Jonah Affordable Housing Organization employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jonah Affordable Housing Organization 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 06/2021, Jonah Affordable Housing Organization generated $513.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.4%) each year. All expenses for the organization totaled $426.5k during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION HAS HOUSES AND LOTS FOR THE UNDERPRIVILEGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ORGANIZATION HAS HOUSES AND LOTS FOR THE UNDERPRIVILEGED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harold Nance Executive Di | Officer | 40 | $34,416 |
Rochell Conway Secretary | OfficerTrustee | 1 | $0 |
Sherita Graham Treasurer | OfficerTrustee | 1 | $0 |
Roy Jelks President | OfficerTrustee | 1 | $0 |
Curtis Morman V-President | OfficerTrustee | 1 | $0 |
Justine Batchlor Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,174 |
| Noncash contributions included in lines 1a–1f | $50,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,174 |
| Total Program Service Revenue | $408,641 |
| Investment income | $957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $29,885 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $512,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $34,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $56,649 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,575 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $228 |
| Fees for services: Accounting | $7,435 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,995 |
| Office expenses | $11,003 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,719 |
| Travel | $730 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,275 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $100,673 |
| Insurance | $40,593 |
| All other expenses | $13,923 |
| Total functional expenses | $426,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,433 |
| Savings and temporary cash investments | $25,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,854,136 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $812 |
| Total assets | $2,150,381 |
| Accounts payable and accrued expenses | $8,633 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $198,408 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $49,322 |
| Total liabilities | $256,363 |
| Net assets without donor restrictions | $1,894,018 |
| 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 | $2,150,381 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Jonah Affordable Housing Organization has recieved totaling $9,206.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,206 |
Simmons First Foundation Inc Pine Bluff, AR PURPOSE: AFFORDABLE HOUSING | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dreamkey Partners Inc Charlotte, NC | $109,024,724 | $87,997,566 |
Christian Relief Services Charities Inc Alexandria, VA | $142,752,068 | $55,470,301 |
Horizon Development Properties Inc Charlotte, NC | $420,836,852 | $43,904,469 |
Georgia Hap Administrators Inc Atlanta, GA | $13,430,323 | $20,876,355 |
Center For The Developmentally Disabled Kansas City, MO | $14,632,501 | $18,017,450 |
Choanoke Area Development Assoc Rich Square, NC | $3,243,319 | $10,393,050 |
Preservation Housing Inc Mobile, AL | $45,095,355 | $8,020,455 |
Association For Retarded Citizens Housing Development Services Inc Greensboro, NC | $38,855,283 | $9,434,004 |
Society Of St Vincent Depaul Council Of Louisville Louisville, KY | $10,950,346 | $7,888,364 |
Twin Rivers Opportunities Inc New Bern, NC | $1,111,953 | $5,873,122 |
Socayr Inc Louisville, KY | $34,945,508 | $6,749,829 |
John Sparks Manor Inc Union City, GA | $0 | $5,675,234 |