Civic Intelligence

Jerusalem Judson Meadows Inc.

990 • Fiscal year 2019 • EIN 31-1422436

Oct 01, 2018 to Sep 30, 2019 • Filed on Feb 03, 2020

Refreshing map…

2373 Harrison AvenueCincinnati, OH 45211

(513) 662-5880

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.91x

Higher debt load relative to assets than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

9.36x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

23rd percentile

-3.8%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

52nd percentile

4.9%

Faster revenue growth than 52% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,478,458

Down $58,896 (-3.8%) from 2018

Net Assets

Down

-$1,347,886

Down $77,584 (-6.1%) from 2018

Liabilities

Up

$2,826,344

Up $18,688 (+0.7%) from 2018

Revenue

Up

$302,045

Up $14,011 (+4.9%) from 2018

Expenses

Up

$379,629

Up $20,683 (+5.8%) from 2018

Net Income

Down

-$77,584

Down $6,672 (-9.4%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$4.0M$2.0M$0-$2.0MAssets 2012: $1,895,465Liabilities 2012: $2,993,308Net Assets 2012: -$1,097,8432012Assets 2013: $1,798,346Liabilities 2013: $2,889,166Net Assets 2013: -$1,090,8202013Assets 2014: $1,735,244Liabilities 2014: $2,784,951Net Assets 2014: -$1,049,7072014Assets 2015: $1,686,798Liabilities 2015: $2,778,115Net Assets 2015: -$1,091,3172015Assets 2016: $1,648,836Liabilities 2016: $2,787,940Net Assets 2016: -$1,139,1042016Assets 2018: $1,537,354Liabilities 2018: $2,807,656Net Assets 2018: -$1,270,3022018Assets 2019: $1,478,458Liabilities 2019: $2,826,344Net Assets 2019: -$1,347,8862019Assets 2020: $1,405,848Liabilities 2020: $2,795,794Net Assets 2020: -$1,389,9462020Assets 2022: $1,295,534Liabilities 2022: $2,858,245Net Assets 2022: -$1,562,7112022Assets 2024: $1,102,355Liabilities 2024: $2,882,877Net Assets 2024: -$1,780,5222024

Highlighted filing

2019

Assets$1,478,458
Liabilities$2,826,344
Net Assets-$1,347,886

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2012: $335,1782012Expenses 2013: $332,3472013Revenue 2014: $380,592Expenses 2014: $339,479Net Income 2014: $41,1132014Revenue 2015: $297,801Expenses 2015: $339,411Net Income 2015: -$41,6102015Revenue 2016: $301,551Expenses 2016: $349,338Net Income 2016: -$47,7872016Revenue 2018: $288,034Expenses 2018: $358,946Net Income 2018: -$70,9122018Revenue 2019: $302,045Expenses 2019: $379,629Net Income 2019: -$77,5842019Revenue 2020: $301,065Expenses 2020: $343,125Net Income 2020: -$42,0602020Revenue 2022: $295,831Expenses 2022: $410,122Net Income 2022: -$114,2912022Revenue 2024: $325,763Expenses 2024: $387,265Net Income 2024: -$61,5022024

Highlighted filing

2019

Revenue$302,045
Expenses$379,629
Net Income-$77,584
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Feb 3, 2020
Return Version
2018v3.1
Gross Receipts
$302,045
Mission and Program Overview

Mission

Provide rental housing (42 units)

Provide rental housing (42 units) and related services to low-income Senior Citizens supported by Section 8 Housing Assistance Program and a section 202 advance provided

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,302,099$1,277,200▼ $24,899
Cash and Non-Interest-Bearing Accounts$1,782$53,490▲ $51,708
Prepaid Expenses and Deferred Charges$9,375$11,250▲ $1,875
Accounts Receivable$1,614$2,384▲ $770
Total Assets$1,537,354$1,478,458▼ $58,896
Other Assets Total$222,484$134,134▼ $88,350
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,526,696$2,526,696→ $0
Accounts Payable and Accrued Expenses$159,792$177,732▲ $17,940
Other Liabilities$106,946$108,645▲ $1,699
Escrow Account Liability$14,222$13,271▼ $951
Total Liabilities$2,807,656$2,826,344▲ $18,688
Net Assets / Fund Balance
Unrestricted Net Assets$-1,270,302$-1,347,886▼ $77,584
Total Net Assets Fund Balance$-1,270,302$-1,347,886▼ $77,584
Total Liabilities and Net Assets / Fund Balance$1,537,354$1,478,458▼ $58,896

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,191,303$1,322,096$2,513,399
Equipment$35,816$174,686$210,502
Other Land Buildings$0$65,258$65,258
Land$50,081-$50,081
Other Assets Org$89,986--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carl G Marquette JrPresident
Rev Damon Lynch JrVice President
Doris StewartTrustee
Mary LoescheSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$144,980
Program Service Revenue
$151,238
Investment Income
$288
Other Revenue
$5,539
Change in Net Assets
$-77,584

Audited Revenue Reconciliation

Revenue per Audited Statements
$302,045
Total Revenue per Audited Statements
$302,045
Total Revenue per Form 990
$302,045
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$296,740
Salaries, Compensation, and Employee Benefits$82,889
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$71,702$0$0$71,702
Other Salaries and Wages$48,845$6,182$0$55,027
Other Expenses$46,167$0$0$46,167
Fees for Services Management$0$22,136$0$22,136
All Other Expenses$15,960$233$0$16,193
Other Employee Benefits$12,566$3,141$0$15,707
Office Expenses$12,197$3,003$0$15,200
Insurance$13,125$0$0$13,125
Payroll Taxes$9,724$2,431$0$12,155
Fees for Services Accounting$2,419$8,899$0$11,318
Interest$2,519$0$0$2,519
Conferences and Meetings$1,310$0$0$1,310
Fees for Services Legal$0$755$0$755
Advertising$616$0$0$616
Total Functional Expenses$332,849$46,780$0$379,629

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$379,629
Total Expenses per Audited Statements$379,629
Total Expenses per Form 990$379,629
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest on long term note$55,246
Notes Payable - Related Party$52,873
Prepaid Revenue$526
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes
Filing and Contact Details

Filer

Filer Name
Jerusalem Judson Meadows Inc
EIN
31-1422436
Phone
5136625880
Address
2373 Harrison Avenue, Cincinnati, OH 45211

Signing Officer

Name
Carl Marquette Jr
Title
President
Phone
5136625880
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Oh
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Locey Mitchell & Associates Ltd
Address
4760 Red Bank Expressway Suite 216, CINCINNATI, OH 45227
Preparer
Emily Mitchell
Phone
5132813333
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The Organization contracts with Wallick Properties Midwest to manage the rental operations of the property.

Pt VI, Line 11B

The tax return is prepared by the independent accountant, and is reviewed by the President before approved by the board.

Pt VI, Line 19

Financial information is available at the management office upon request. Financial statements are electronically filed with the federal audit clearinghouse. The books are in the care of Doug Ferrell, Wallick Properties Midwest.

Form 990, Part IX, Line 24E

Snow removal 546. 546. 0. 0.

Form 990, Part IX, Line 24E

Misc operating 301. 301. 0. 0.

Form 990, Part IX, Line 24E

Vehicle and maint 1260. 1260. 0. 0.

Form 990, Part IX, Line 24E

Security 654. 654. 0. 0.

Form 990, Part IX, Line 24E

HVAC 195. 195. 0. 0.

Form 990, Part IX, Line 24E

Misc Admin 166. 133. 33. 0.

Form 990, Part IX, Line 24E

Trash Removal 5108. 5108. 0. 0.

Form 990, Part IX, Line 24E

Bad debt 7763. 7763. 0. 0.

Form 990, Part IX, Line 24E

Misc tax, license 200. 0. 200. 0.

Financial Statement Notes

Pt IV, Line 2B

As required by HUD, resident security deposits are held in trust in an escrow account. The escrow account is listed on the balance sheet of form 990, Part IV, Line 21, as escrow account liabilities.

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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-77584
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0302045
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Misc Rev-Vending/Laundry 2015: 2473. 2016: 2478. 2017: 2336. 2018: 1927. Description: Misc Rev-Tenant Charges 2015: 14. 2016: 271. 2017: 724. 2018: 3585. Description: Misc Revenue 2017: 1856. 2018: 27.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0144980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0139714
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0146752
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0151361
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0582807
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0288
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0275
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0253
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01453
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0151238
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0143074
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0141930
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0147428
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0295082
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0878752
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0288
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0275
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0253
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01453
IRS990ScheduleA/InvestmentIncomeCYPct00.00100
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05539
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt04916
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt02749
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02487
IRS990ScheduleA/OtherIncome509Grp/TotalAmt015691
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.98840
IRS990ScheduleA/PublicSupportPY509Pct00.99220
IRS990ScheduleA/PublicSupportTotal509Amt01461559
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0296218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0282788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0288682
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0298789
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0295082
IRS990ScheduleA/Total509Grp/TotalAmt01461559
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01478703
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01191303
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01322096
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02513399
IRS990ScheduleD/EquipmentGrp/BookValueAmt035816
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0174686
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0210502
IRS990ScheduleD/ExpensesSubtotalAmt0379629
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt050081
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050081
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt129581
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt289986
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant deposits held in trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Escrow deposits-property tax
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement reserves
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt065258
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt065258
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0526
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt152873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt255246
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Revenue
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Notes Payable - Related Party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interest on long term note
IRS990ScheduleD/RevenueSubtotalAmt0302045
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0As required by HUD, resident security deposits are held in trust in an escrow account. The escrow account is listed on the balance sheet of form 990, Part IV, Line 21, as escrow account liabilities.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01277200
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0134134
IRS990ScheduleD/TotalExpensesPerForm990Amt0379629
IRS990ScheduleD/TotalLiabilityAmt0108645
IRS990ScheduleD/TotalRevenuePerForm990Amt0302045
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0302045
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0379629
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization contracts with Wallick Properties Midwest to manage the rental operations of the property.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The tax return is prepared by the independent accountant, and is reviewed by the President before approved by the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Financial information is available at the management office upon request. Financial statements are electronically filed with the federal audit clearinghouse. The books are in the care of Doug Ferrell, Wallick Properties Midwest.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Snow removal 546. 546. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Misc operating 301. 301. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Vehicle and maint 1260. 1260. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Security 654. 654. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7HVAC 195. 195. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Misc Admin 166. 133. 33. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Trash Removal 5108. 5108. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Bad debt 7763. 7763. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Misc tax, license 200. 0. 200. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e

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