Civic Intelligence

Jamaica Center Holding Company Inc

EIN 11-2746656 • 501(c)2 • Jamaica, NY

Profile

Jamaica center holding company, inc. Was formed to hold title to property for greater jamaica development corporation, a publicly supported 501(c)(3) organization.

90-04 161st Street 704Jamaica, NY 11432

www.gjdc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

68th percentile

1.00x

Higher debt load relative to assets than 68% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

4.25x

Higher debt load relative to revenue than 62% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Net Margin

40th percentile

-5.7%

Higher net margin than 40% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

77th percentile

$342,765

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

NTEE L • $5M-$10M nonprofits • Source year 2024

Asset Growth

21st percentile

-3.7%

Faster asset growth than 21% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

-1.3%

Faster revenue growth than 23% of similar nonprofits.

NTEE L • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Down

$6,645,187

Down $252,059 (-3.7%) from 2023

Liabilities

Down

$6,645,187

Down $252,059 (-3.7%) from 2023

Net Assets

Flat

$0

Flat from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin40th percentile

Revenue

Down

$1,564,661

Down $21,120 (-1.3%) from 2023

Expenses

Up

$1,654,440

Up $7,983 (+0.5%) from 2023

Net Income

Down

-$89,779

Down $29,103 (-48%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2012: $5,747,816Liabilities 2012: $5,747,816Net Assets 2012: $02012Assets 2013: $5,133,484Liabilities 2013: $5,133,484Net Assets 2013: $02013Assets 2014: $4,829,394Liabilities 2014: $4,829,394Net Assets 2014: $02014Assets 2015: $5,148,841Liabilities 2015: $5,148,841Net Assets 2015: $02015Assets 2016: $4,841,635Liabilities 2016: $4,841,635Net Assets 2016: $02016Assets 2017: $4,245,233Liabilities 2017: $4,245,233Net Assets 2017: $02017Assets 2018: $3,970,032Liabilities 2018: $3,970,032Net Assets 2018: $02018Assets 2019: $4,409,454Liabilities 2019: $4,409,454Net Assets 2019: $02019Assets 2020: $7,602,196Liabilities 2020: $7,602,196Net Assets 2020: $02020Assets 2021: $7,046,888Liabilities 2021: $7,046,888Net Assets 2021: $02021Assets 2022: $6,889,368Liabilities 2022: $6,889,368Net Assets 2022: $02022Assets 2023: $6,897,246Liabilities 2023: $6,897,246Net Assets 2023: $02023Assets 2024: $6,645,187Liabilities 2024: $6,645,187Net Assets 2024: $02024

Highlighted filing

2024

Assets$6,645,187
Liabilities$6,645,187
Net Assets$0
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2012: $1,701,857Expenses 2012: $1,307,373Net Income 2012: $394,4842012Revenue 2013: $1,996,961Expenses 2013: $1,591,119Net Income 2013: $405,8422013Revenue 2014: $1,907,669Expenses 2014: $1,400,624Net Income 2014: $507,0452014Revenue 2015: $1,929,754Expenses 2015: $1,470,587Net Income 2015: $459,1672015Revenue 2016: $1,839,268Expenses 2016: $1,504,102Net Income 2016: $335,1662016Revenue 2017: $2,087,326Expenses 2017: $1,520,843Net Income 2017: $566,4832017Revenue 2018: $2,005,477Expenses 2018: $1,557,401Net Income 2018: $448,0762018Revenue 2019: $2,079,160Expenses 2019: $1,519,172Net Income 2019: $559,9882019Revenue 2020: $2,042,159Expenses 2020: $1,551,446Net Income 2020: $490,7132020Revenue 2021: $1,785,482Expenses 2021: $1,706,685Net Income 2021: $78,7972021Revenue 2022: $1,602,654Expenses 2022: $1,638,263Net Income 2022: -$35,6092022Revenue 2023: $1,585,781Expenses 2023: $1,646,457Net Income 2023: -$60,6762023Revenue 2024: $1,564,661Expenses 2024: $1,654,440Net Income 2024: -$89,7792024

Highlighted filing

2024

Revenue$1,564,661
Expenses$1,654,440
Net Income-$89,779
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$6,645,187
Liabilities
$6,645,187
Net assets
$0
Revenue
$1,564,661
Expenses
$1,654,440
Net income
-$89,779
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.65$6.65$0.00$1.56$1.65$0.09
2023Detailed filing. Detailed filing data is available for this year.$6.90$6.90$0.00$1.59$1.65$0.06
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.89$6.89$0.00$1.60$1.64$0.04
2021Detailed filing. Detailed filing data is available for this year.$7.05$7.05$0.00$1.79$1.71$0.08
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.60$7.60$0.00$2.04$1.55$0.49
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.41$4.41$0.00$2.08$1.52$0.56
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$3.97$3.97$0.00$2.01$1.56$0.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$4.25$0.00$2.09$1.52$0.57
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$4.84$0.00$1.84$1.50$0.34
2015Summary only. Only limited summary data is available for this year.$5.15$5.15$0.00$1.93$1.47$0.46
2014Summary only. Only limited summary data is available for this year.$4.83$4.83$0.00$1.91$1.40$0.51
2013Summary only. Only limited summary data is available for this year.$5.13$5.13$0.00$2.00$1.59$0.41
2012Summary only. Only limited summary data is available for this year.$5.75$5.75$0.00$1.70$1.31$0.39
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$1,564,661
Mission and Program Overview

Mission

Jamaica center holding company, inc. Was formed to hold title to property for greater jamaica development corporation, a publicly supported 501(c)(3) organization.

Jamaica center holding company, inc. Was formed to hold title to property for greater jamaica development corporation, a publicly supported 501(c)(3) organization. Jamaica center holding company, inc. Owns two commercial buildings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,030,097$2,873,500▼ $156,597
Cash and Non-Interest-Bearing Accounts$623,465$760,593▲ $137,128
Prepaid Expenses and Deferred Charges$108,889$36,728▼ $72,161
Accounts Receivable$19,327$31,954▲ $12,627
Total Assets$6,897,246$6,645,187▼ $252,059
Other Assets Total$3,115,468$2,942,412▼ $173,056
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,351,055$6,194,726▼ $156,329
Other Liabilities$242,541$249,493▲ $6,952
Accounts Payable and Accrued Expenses$298,826$141,022▼ $157,804
Deferred Revenue$4,824$59,946▲ $55,122
Total Liabilities$6,897,246$6,645,187▼ $252,059
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$0→ $0
Total Liabilities and Net Assets / Fund Balance$6,897,246$6,645,187▼ $252,059

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,292,936$5,105,213$7,398,149
Buildings$162,833$681,861$844,694
Land$412,950-$412,950
Equipment$4,781$183,921$188,702
Other Assets Org$608,376--
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleOtherTotal
Masheika LewisAssist. Secretary/Director of Operations$144,933$144,933

Board Members and Trustees

NameTitle
Lamont R BaileyChair
Justin K RodgersPresident & CEO
Elliot G SanderVice Chair
Michelle StoddartVice Chair
Cedric DewDirector
Daniel a GreeneDirector
David CottonDirector
Drew SpitlerDirector
Eric BluestoneDirector
Frank DimolaDirector
George GuillaumeDirector
Greg PolisDirector
Harold FlakeDirector
Howard GrafDirector
Icema D GibbsDirector
Judy TuckerDirector
Meredith Marshall - Thru 0524Director
Osaze RomanyDirector
Peter KulkaDirector
Philippa KarteronDirector
REV PATRICK H O'CONNORDirector
Rebecca DeutscherDirector
Reginald M RaschDirector
Rev Dr Calvin RiceDirector
Richard DzwlewiczDirector
Richard T AndersonDirector
Wanda JacksonDirector
William LynchDirector
Yarojin RobinsonDirector
Yesenia GrahamDirector
Todd S BenensonAssistant Treasurer/CFO
Patricia RobinsonChief Administrative Officer/VP
Calvin Lawrence JrSecretary
Jeffrey S TerryTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Loyal Building Services INCCustodial Services41 DEGNON BLVD, Bay Shore, NY 11706$105,207
Sentinel Management Group INCSecurity Services96-59 222ND STREET SUITE 200, Queens Village, NY 11429$100,780
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,537,493
Investment Income
$27,119
Other Revenue
$49
Change in Net Assets
$-89,779
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,512,931
Salaries, Compensation, and Employee Benefits$141,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy---$623,446
Depreciation Depletion---$271,192
Interest---$208,333
Insurance---$138,723
Other Salaries and Wages---$109,881
Fees for Services Management---$92,250
Fees for Services Accounting---$34,995
Office Expenses---$15,954
Other Employee Benefits---$15,085
Payroll Taxes---$9,440
Pension Plan Contributions---$7,103
Fees for Services Legal---$2,750
Other Expenses---$666
Total Functional Expenses$0$0$0$1,654,440
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$249,493
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Greater jamaica development corporation is the sole member of the organization.”

Form 990, Part VI, Section A, Line 7A

“The organization has one member who may elect one or more members of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The 990 return is reviewed and approved by the audit committee and then distributed to all board members prior to filing with the irs.”

Form 990, Part VI, Section B, Line 12C

“On an annual basis, the policy and disclosure form is distributed to board members, officers, and key employees. Staff follows up to ensure the receipt of the forms.”

Form 990, Part VI, Section C, Line 18

“Documents available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflicts of interest policy, and financial statements available to the public upon request.”

Form 990 Part VII Section A Column (B)

“Average hours per week: the average hours per week reported for the officers listed below of 35 hours represents the total hours worked per week for such individuals for gjdc and all related organizations. The allocation of time for such officers between gjdc and its related organizations is as follows: justin rodgers - gjdc 31.9 hours/week and related organizations 3.1 hours/week todd s benenson - gjdc 31.9 hours/week and related organizations 3.1 hours/week patricia robinson - gjdc 33 hours/week and related organizations 2 hours/week”

Filing and Contact Details

Filer

Filer Name
Jamaica Center Holding Company Inc
EIN
11-2746656
Phone
7182910282
Address
90-04 161ST STREET 704, JAMAICA, NY 11432

Signing Officer

Name
Todd S Benenson
Title
Assistant Treasurer/CFO
Phone
7182910282
Signed
2025-10-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin K Rodgers
Formed
1984
Legal Domicile
Ny
Voting Board Members
30
Independent Board Members
30
Employees
0
Volunteers
30

Preparer

Firm
Armanino Advisory LLC
Address
437 MADISON AVE SUITE 3700, NEW YORK, NY 10022
Preparer
Matthew Petroski
Phone
2127926300
Supplemental Narrative

Additional Explanations

Form 990 Part I Line 5 and Part V Line 2A

“Number of employees: all employees of jamaica center holding company, inc. Are paid through greater jamaica development corporation and the payroll is allocated and charged back to jamaica center holding company, inc. Therefore, part i, line 5 and part v, line 2a indicate that no employees were reported on form w3, transmittal of tax and wage statements, since such employees are reported on the w3 of greater jamaica development corporation.”

FORM 990, PART XI, LINE 9:

“Transfer of excess revenue from 501(c)(2) organization to 501(c)(3) parent 89,779.”

Financial Statement Notes

PART X, LINE 2:

“The organization accounts for uncertain income tax positions in accordance with fasb accounting standards codification ("asc") topic 740, income taxes, which provides standards for establishing and classifying any tax provisions for uncertain tax positions. There has been no interest or penalties recognized in the consolidated statement of activities nor in the consolidated statement of financial position related to uncertain tax positions as management believes they have appropriate support for any tax positions taken. In addition, no tax positions exist for which it is reasonably possible that the total amounts of unrecognized tax benefits will significantly increase or decrease within the next 12 months. The organization evaluates any uncertain tax positions on a continual basis through review of its policies and procedures and discussions with outside experts. Management believes there are no uncertain tax positions as of december 31, 2024 and 2023. The organization's tax returns are subject to examination by the respective taxing authorities, generally for three years after they were filed.”

Raw XML AppendixShowing 400 of 742 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0298826
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0141022
IRS990/AccountsReceivableGrp/BOYAmt019327
IRS990/AccountsReceivableGrp/EOYAmt031954
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0JAMAICA CENTER HOLDING COMPANY, INC. WAS FORMED TO HOLD TITLE TO PROPERTY FOR GREATER JAMAICA DEVELOPMENT CORPORATION, A PUBLICLY SUPPORTED 501(C)(3) ORGANIZATION. JAMAICA CENTER HOLDING COMPANY, INC. OWNS TWO COMMERCIAL BUILDINGS.
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0TODD S BENENSON ASSISTANT TREASURERCFO
IRS990/BooksInCareOfDetail/PhoneNum07182910282
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt090-04 161ST STREET 704
IRS990/BooksInCareOfDetail/USAddress/CityNm0JAMAICA
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011432
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0623465
IRS990/CashNonInterestBearingGrp/EOYAmt0760593
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt0105207
IRS990/ContractorCompensationGrp/CompensationAmt1100780
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt041 DEGNON BLVD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt196-59 222ND STREET SUITE 200
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BAY SHORE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1QUEENS VILLAGE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011706
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd111429
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0LOYAL BUILDING SERVICES INC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SENTINEL MANAGEMENT GROUP INC
IRS990/ContractorCompensationGrp/ServicesDesc0CUSTODIAL SERVICES
IRS990/ContractorCompensationGrp/ServicesDesc1SECURITY SERVICES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt027119
IRS990/CYOtherExpensesAmt01512931
IRS990/CYOtherRevenueAmt049
IRS990/CYProgramServiceRevenueAmt01537493
IRS990/CYRevenuesLessExpensesAmt0-89779
IRS990/CYSalariesCompEmpBnftPaidAmt0141509
IRS990/CYTotalExpensesAmt01654440
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01564661
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt04824
IRS990/DeferredRevenueGrp/EOYAmt059946
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/TotalAmt0271192
IRS990/Desc0JAMAICA CENTER HOLDING COMPANY, INC. OWNS TWO COMMERCIAL BUILDINGS.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
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IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/TotalAmt034995
IRS990/FeesForServicesLegalGrp/TotalAmt02750
IRS990/FeesForServicesManagementGrp/TotalAmt092250
IRS990/ForeignActivitiesInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm4CALVIN LAWRENCE JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt32ASSISTANT TREASURER/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt33CHIEF ADMINISTRATIVE OFFICER/VP
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