Civic Intelligence

Jerusalem Judson Meadows Inc.

990 • Fiscal year 2021 • EIN 31-1422436

Oct 01, 2020 to Sep 30, 2021 • Filed on Jan 21, 2022

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

99th percentile

2.07x

Higher debt load relative to assets than 99% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

98th percentile

9.34x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

12th percentile

-17%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

15th percentile

-3.9%

Faster asset growth than 15% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

31st percentile

-0.7%

Faster revenue growth than 31% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$1,351,640

Down $54,208 (-3.9%) from 2020

Net Assets

Down

-$1,441,821

Down $51,875 (-3.7%) from 2020

Liabilities

Down

$2,793,461

Down $2,333 (-0.1%) from 2020

Revenue

Down

$298,963

Down $2,102 (-0.7%) from 2020

Expenses

Up

$350,838

Up $7,713 (+2.2%) from 2020

Net Income

Down

-$51,875

Down $9,815 (-23%) from 2020

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 2021: $1,351,640Liabilities 2021: $2,793,461Net Assets 2021: -$1,441,8212021Assets 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

2021

Assets$1,351,640
Liabilities$2,793,461
Net Assets-$1,441,821

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 2021: $298,963Expenses 2021: $350,838Net Income 2021: -$51,8752021Revenue 2022: $295,831Expenses 2022: $410,122Net Income 2022: -$114,2912022Revenue 2024: $325,763Expenses 2024: $387,265Net Income 2024: -$61,5022024

Highlighted filing

2021

Revenue$298,963
Expenses$350,838
Net Income-$51,875
Jump To
Filing Snapshot
Filing Period
Oct 1, 2020 to Sep 30, 2021
Signed
Jan 21, 2022
Return Version
2020v4.1
Gross Receipts
$298,963
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$1,254,722$1,199,379▼ $55,343
Cash and Non-Interest-Bearing Accounts$28,442$14,501▼ $13,941
Prepaid Expenses and Deferred Charges$14,025$14,250▲ $225
Accounts Receivable$1,267$2,172▲ $905
Total Assets$1,405,848$1,351,640▼ $54,208
Other Assets Total$107,392$121,338▲ $13,946
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,526,696$2,526,696→ $0
Accounts Payable and Accrued Expenses$145,992$144,270▼ $1,722
Other Liabilities$109,262$108,293▼ $969
Escrow Account Liability$13,844$12,604▼ $1,240
Deferred Revenue-$1,598-
Total Liabilities$2,795,794$2,793,461▼ $2,333
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,389,946$-1,441,821▼ $51,875
Total Net Assets Fund Balance$-1,389,946$-1,441,821▼ $51,875
Total Liabilities and Net Assets / Fund Balance$1,405,848$1,351,640▼ $54,208

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,088,009$1,467,158$2,555,167
Equipment$56,996$181,753$238,749
Other Land Buildings$4,293$66,016$70,309
Land$50,081-$50,081
Other Assets Org$28,545--
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
$0
Program Service Revenue
$293,575
Investment Income
$23
Other Revenue
$5,365
Change in Net Assets
$-51,875

Audited Revenue Reconciliation

Revenue per Audited Statements
$298,963
Total Revenue per Audited Statements
$298,963
Total Revenue per Form 990
$298,963
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$298,213
Salaries, Compensation, and Employee Benefits$52,625
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$79,154$0$0$79,154
Other Expenses$45,618$0$0$45,618
Other Salaries and Wages$35,703$4,106$0$39,809
Fees for Services Management$0$22,369$0$22,369
Insurance$18,775$0$0$18,775
All Other Expenses$12,951$678$0$13,629
Office Expenses$10,702$2,608$0$13,310
Fees for Services Accounting$2,218$8,854$0$11,072
Other Employee Benefits$6,338$1,585$0$7,923
Payroll Taxes$3,914$979$0$4,893
Fees for Services Legal$0$674$0$674
Advertising$599$0$0$599
Total Functional Expenses$308,985$41,853$0$350,838

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$350,838
Total Expenses per Audited Statements$350,838
Total Expenses per Form 990$350,838
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$55,420
Notes Payable - Related Party$52,873
Prepaid Revenue$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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 G Marquette Jr
Title
Board President
Phone
5136625880
Signed
2022-01-21
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 222, Cincinnati, OH 45227
Preparer
Emily N Mitchell
Phone
5132813333
Supplemental Narrative

Additional Explanations

Pt VI, Line 3

The Organization contracts with Wallick Communities 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 of 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 Kim Weaver, Wallick Communities.

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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part III, Line 12 Description: Misc Rev-Vending/Laundry 2016: 2478. 2017: 2336. 2018: 1927. 2019: 2778. 2020: 2604. Description: Misc Rev-Tenant Charges 2016: 271. 2017: 724. 2018: 3585. 2019: 2970. 2020: 2227. Description: Misc Revenue 2017: 1856. 2018: 27. 2019: 25. 2020: 534.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt III Ln 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt023
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0288
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0330
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0307
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01098
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0293575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0295142
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0296218
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0282788
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0288682
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01456405
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt023
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0288
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0330
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0307
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01098
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05365
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt05773
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt05539
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04916
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02749
IRS990ScheduleA/OtherIncome509Grp/TotalAmt024342
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.52190
IRS990ScheduleA/PublicSupportPY509Pct00.51500
IRS990ScheduleA/PublicSupportTotal509Amt0773379
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0132248
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0134332
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0139980
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0134714
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0141752
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0683026
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0132248
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0134332
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0139980
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0134714
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0141752
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0683026
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0293575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0295142
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0296218
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0282788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0288682
IRS990ScheduleA/Total509Grp/TotalAmt01456405
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01481845
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/BookValueAmt01088009
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01467158
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02555167
IRS990ScheduleD/EquipmentGrp/BookValueAmt056996
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0181753
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0238749
IRS990ScheduleD/ExpensesSubtotalAmt0350838
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt050081
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050081
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt014587
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt120557
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt251769
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35880
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt428545
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Tenant deposits held in trust
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Escrow deposits-property tax
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Replacement reserves
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Refunds due from vendors
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4Residual receipts reserve
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04293
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt066016
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt070309
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt152873
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt255420
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Prepaid Revenue
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Notes Payable - Related Party
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2Interest on long term note
IRS990ScheduleD/RevenueSubtotalAmt0298963
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/TotalBookValueLandBuildingsAmt01199379
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0121338
IRS990ScheduleD/TotalExpensesPerForm990Amt0350838
IRS990ScheduleD/TotalLiabilityAmt0108293
IRS990ScheduleD/TotalRevenuePerForm990Amt0298963
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0298963
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0350838
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization contracts with Wallick Communities 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 of 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 Kim Weaver, Wallick Communities.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd2false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd3false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0Baptist Home & Center(Judson Village)

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