Jacksonville Leased Housing Corporation is located in Jacksonville, AL. The organization was established in 1988. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacksonville Leased Housing 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, Jacksonville Leased Housing Corporation generated $397.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $369.0k during the year ending 06/2022. While expenses have increased by 3.2% per year over the past 7 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 PROVIDE AFFORDABLE LOW INCOME HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING OF AFFORDABLE LOW INCOME HOUSING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ron Hindman Chairman | OfficerTrustee | 1 | $0 |
Ag Baggett Vice-Chairman | OfficerTrustee | 1 | $0 |
Jessica Moxley Executive Director | Officer | 5 | $0 |
Terry Wilson Board Commissioner | Trustee | 1 | $0 |
David Duhon Board Commissioner | Trustee | 1 | $0 |
Holly Kitchens Board Commissioner | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $227,541 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $227,541 |
Total Program Service Revenue | $169,703 |
Investment income | $187 |
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 | $397,431 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $118,094 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $34,195 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,990 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $17,821 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $74,855 |
Travel | $473 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $13,725 |
Insurance | $37,957 |
All other expenses | $0 |
Total functional expenses | $369,029 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $250,204 |
Savings and temporary cash investments | $90,771 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,061 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $5,693 |
Prepaid expenses and deferred charges | $18,997 |
Net Land, buildings, and equipment | $300,457 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,143 |
Total assets | $677,326 |
Accounts payable and accrued expenses | $19,503 |
Grants payable | $0 |
Deferred revenue | $4,298 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $15,091 |
Total liabilities | $38,892 |
Net assets without donor restrictions | $638,434 |
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 | $677,326 |
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