Jefferson Facilities Inc
- Assets
- $175.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Gretna, LA
- Founding
- 03/2003
- Data as of
- 06/2021
- 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 06/2021, Jefferson Facilities Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $554.4k 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
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.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Juneau President | OfficerTrustee | 2 | $1,350 |
Ross P Liner Vice President | OfficerTrustee | 2 | $1,350 |
Elliot J Hano Treasurer (thru 12/2020) | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $746,089 |
| 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 | $746,089 |
| Total Program Service Revenue | $289,493 |
| 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 | $1,035,582 |
| 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. | $1,500 |
| Compensation of current officers, directors, key employees. | $1,500 |
| 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 | $25,295 |
| Fees for services: Legal | $17,575 |
| Fees for services: Accounting | $31,770 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $86,133 |
| Advertising and promotion | $0 |
| Office expenses | $25,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $180,739 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $78,428 |
| Insurance | $60,236 |
| All other expenses | $0 |
| Total functional expenses | $554,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,029 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,533 |
| 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 | $8,364 |
| Net Land, buildings, and equipment | $110,644 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $175,570 |
| Accounts payable and accrued expenses | $39,807 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,801,755 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $37,314 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,781 |
| Total liabilities | $4,944,657 |
| Net assets without donor restrictions | -$4,769,087 |
| 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 | $175,570 |
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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Spanish Trail-Almeda Corridors Redevelopment Authority Houston, TX | $78,272,041 | $12,203,610 |
Centro Public Improvement District San Antonio, TX | $1,647,971 | $6,189,889 |
Maple Avenue Economic Development Corporation Of Dallas Dallas, TX | $11,933,705 | $3,299,961 |
White River Planning & Development Dist Inc Batesville, AR | $13,868,468 | $4,307,468 |
Covenant Community Capital Corporation Houston, TX | $9,362,906 | $2,210,165 |
Divinc Austin, TX | $1,242,173 | $2,296,391 |
The Pyramid Community Development Corporation Houston, TX | $3,288,918 | -$1,072,522 |
Technology & Entrepreneurship Center Of Houston Inc Houston, TX | $3,649,151 | $380,691 |
Regional Community Finance Inc New Orleans, LA | $27,779,646 | $1,353,772 |
Jackson County Economic Development Foundation Inc Pascagoula, MS | $3,810,649 | $1,167,595 |
Austin Revitalization Authority Austin, TX | $2,910,002 | $1,225,921 |
North Delta Regional Planning And Development District Inc Monroe, LA | $2,329,154 | $1,514,261 |