Jefferson Facilities Inc
- Assets
- $123.0k
- Revenue
- $911.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Gretna, LA
- Founding
- 03/2003
- Data as of
- 06/2022
- EIN
- 72-1508267
Organization Overview
Jefferson Facilities Inc is located in Gretna, LA. The organization was established in 2003. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, 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. Jefferson Facilities 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 06/2022, Jefferson Facilities Inc generated $911.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $555.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 7 years. 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
A COOPERATIVE ENDEAVOR AGREEMENT HAS BEEN ENTERED INTO WITH JEFFERSON REDEVELOPMENT, INC. (A NON-PROFIT ORGANIZATION) TO DEVELOP, FINANCE, CONSTRUCT, AND OPERATE A PARKING GARAGE NEAR THE PARISH COURTHOUSE IN GRETNA, LOUISIANA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A COOPERATIVE ENDEAVOR AGREEMENT HAS BEEN ENTERED INTO WITH JEFFERSON REDEVELOPMENT, INC. (A NON-PROFIT ORGANIZATION) TO DEVELOP, FINANCE, CONSTRUCT, AND OPERATE A PARKING GARAGE NEAR THE PARISH COURTHOUSE IN GRETNA, LOUISIANA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Juneau President | OfficerTrustee | 2 | $0 |
Ryan Templet Vice President | OfficerTrustee | 2 | $0 |
Arthur Lawson Secretary/treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $574,480 |
| 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 | $574,480 |
| Total Program Service Revenue | $337,121 |
| Investment income | $0 |
| 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 | $911,601 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $16,200 |
| Fees for services: Legal | $21,051 |
| Fees for services: Accounting | $29,338 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,227 |
| Advertising and promotion | $0 |
| Office expenses | $20,313 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $549 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $173,626 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,428 |
| Insurance | $71,187 |
| All other expenses | $0 |
| Total functional expenses | $555,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,455 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,651 |
| 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 | $11,007 |
| Net Land, buildings, and equipment | $36,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $122,981 |
| Accounts payable and accrued expenses | $26,382 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,434,943 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,328 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,940 |
| Total liabilities | $4,535,593 |
| Net assets without donor restrictions | -$4,412,612 |
| 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 | $122,981 |
Grants Awarded
Over the last fiscal year, Jefferson Facilities Inc has awarded $23,700 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRETNA HERITAGE FESTIVAL PURPOSE: TO PROMOTE CIVIC AND COMMUNITY INVOLVEMENTTO PROMOTE CIVIC AND COMMUNITY INVOLVEMENT | $18,700 |
NEW ORLEANS EDUCATION LEAGUE PURPOSE: TO PROMOTE CIVIC AND COMMUNITY INVOLVEMENT | $5,000 |