Civic Intelligence

Joint Ownership Entity New York City Corp

990 • Fiscal year 2017 • EIN 47-5044823

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

Organization ProfileWWW.JOENYC.ORG
588 Broadway No 1208New York, NY 10012

(646) 768-4100

Siviq Scores

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

Liabilities / Assets

89th percentile

0.89x

Higher debt load relative to assets than 89% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Liabilities / Revenue

95th percentile

6.67x

Higher debt load relative to revenue than 95% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Net Margin

96th percentile

66%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Top Officer Pay

17th percentile

$132,834

Higher top officer pay than 17% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2017

Asset Growth

100th percentile

2235%

Faster asset growth than 100% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

122%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets89th percentile

Assets

Up

$28,289,436

Up $27,078,146 (+2235%) from 2016

Net Assets

Up

$3,208,079

Up $2,498,615 (+352%) from 2016

Liabilities

Up

$25,081,357

Up $24,579,531 (+4898%) from 2016

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin96th percentile

Revenue

Up

$3,761,944

Up $2,070,535 (+122%) from 2016

Expenses

Up

$1,266,920

Up $284,975 (+29%) from 2016

Net Income

Up

$2,495,024

Up $1,785,560 (+252%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth100th percentile

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

$200M$150M$100M$50M$0Assets 2016: $1,211,290Liabilities 2016: $501,826Net Assets 2016: $709,4642016Assets 2017: $28,289,436Liabilities 2017: $25,081,357Net Assets 2017: $3,208,0792017Assets 2018: $59,416,131Liabilities 2018: $49,461,265Net Assets 2018: $9,954,8662018Assets 2019: $79,367,192Liabilities 2019: $59,344,207Net Assets 2019: $20,022,9852019Assets 2020: $155,995,039Liabilities 2020: $147,077,385Net Assets 2020: $8,917,6542020Assets 2021: $168,757,789Liabilities 2021: $165,609,300Net Assets 2021: $3,148,4892021Assets 2022: $5,675,989Liabilities 2022: $2,571,059Net Assets 2022: $3,104,9302022Assets 2023: $10,293,193Liabilities 2023: $1,429,640Net Assets 2023: $8,863,5532023Assets 2024: $9,906,748Liabilities 2024: $1,429,640Net Assets 2024: $8,477,1082024

Highlighted filing

2017

Assets$28,289,436
Liabilities$25,081,357
Net Assets$3,208,079
Open 2017 Filing

Operations Trend

Revenue Growth94th percentile

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

$30M$20M$10M$0-$10MRevenue 2016: $1,691,409Expenses 2016: $981,945Net Income 2016: $709,4642016Revenue 2017: $3,761,944Expenses 2017: $1,266,920Net Income 2017: $2,495,0242017Revenue 2018: $14,428,645Expenses 2018: $7,736,792Net Income 2018: $6,691,8532018Revenue 2019: $22,913,364Expenses 2019: $11,692,148Net Income 2019: $11,221,2162019Revenue 2020: $17,434,025Expenses 2020: $17,449,567Net Income 2020: -$15,5422020Revenue 2021: $14,394,348Expenses 2021: $18,637,402Net Income 2021: -$4,243,0542021Revenue 2022: $246,635Expenses 2022: $652,805Net Income 2022: -$406,1702022Revenue 2023: $720,303Expenses 2023: $510,984Net Income 2023: $209,3192023Revenue 2024: $12,161Expenses 2024: $391,410Net Income 2024: -$379,2492024

Highlighted filing

2017

Revenue$3,761,944
Expenses$1,266,920
Net Income$2,495,024
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$3,761,944
Mission and Program Overview

Mission

The primary purposes of joe nyc are to strengthen its members' ability to develop, maintain, and manage affordable housing and serve as a vehicle to maintain long-term affordability of existing and future affordable housing units in support of their missions as community-based organizations that align their housing development and management work with the needs and resources of the communities served and focus on resident services and support.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$0$18,082,393▲ $18,082,393
Cash and Non-Interest-Bearing Accounts$807,381$4,845,058▲ $4,037,677
Other Notes and Loans Receivable, Net-$1,240,000-
Prepaid Expenses and Deferred Charges$7,500$439,212▲ $431,712
Pledges and Grants Receivable$400,000$385,000▼ $15,000
Accounts Receivable-$337,945-
Investments Program Related$-3,591--
Total Assets$1,211,290$28,289,436▲ $27,078,146
Other Assets Total$0$2,959,828▲ $2,959,828
Liabilities
Mortgage Notes Payable Secured by Investment Property-$23,407,759-
Accounts Payable and Accrued Expenses$74,826$960,966▲ $886,140
Other Liabilities$0$712,632▲ $712,632
Deferred Revenue$427,000--
Total Liabilities$501,826$25,081,357▲ $24,579,531
Net Assets / Fund Balance
Unrestricted Net Assets$709,464$2,258,079▲ $1,548,615
Temporarily Rstr Net Assets-$950,000-
Total Net Assets Fund Balance$709,464$3,208,079▲ $2,498,615
Total Liabilities and Net Assets / Fund Balance$1,211,290$28,289,436▲ $27,078,146

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,496,793$44,746$16,541,539
Land$1,585,600-$1,585,600
Other Assets Org$2,959,828--
Compensation and Service Providers
Top Officer Pay17th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter MaddenExecutive DirectorFT$125,681$7,153$132,834

Board Members and Trustees

NameTitle
Michael RochfordChair
Bernell GrierDirector
David GilcristDirector
Emilio DorcelyDirector
Janice BerthoudDirector
Ken WrayDirector
Michelle DelauzDirector
Scott ShortDirector
Harry DerienzoSecretary
Isemene SpecliotisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Forsyth Street AdvisorsLegal Services588 BROADWAY, New York, NY 10012$320,000
Goldstein Hall PllcLegal Services80 BROAD STREET 303, New York, NY 10004$300,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,627,000
Program Service Revenue
$134,913
Investment Income
$31
Other Revenue
$0
All Other Contributions
$3,627,000
Change in Net Assets
$2,495,024

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,761,944
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$4,209,606
Total Revenue per Audited Statements
$7,971,550
Total Revenue per Form 990
$3,761,944
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,134,086
Salaries, Compensation, and Employee Benefits$132,834
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal$645,496$5,830-$651,326
Current Officers, Directors, Trustees, and Key Employees$132,834--$132,834
Fees for Services Management$81,397--$81,397
Fees for Services Accounting-$71,345-$71,345
Insurance$51,657--$51,657
Depreciation Depletion$44,746--$44,746
Office Expenses-$42,186-$42,186
Fees for Services Other-$41,602-$41,602
Interest$14,709--$14,709
Other Expenses$656$5,328-$656
Total Functional Expenses$1,100,629$166,291$0$1,266,920

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,939,158
Expenses Not Reported on Form 990$5,672,238
Expenses per Audited Statements$1,266,920
Total Expenses per Form 990$1,266,920
Expenses Not Reported on Financial Statements$0
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
Due to Related Parties$480,407
Tenant Security Deposits$229,604
Prepaid Rent$2,621
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“The 990 is prepared by an independent accountant. It is then reviewed by the organization's governing body. After the review, form 990 is filed with the irs.”

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

“Members sign annual conflict of interest policy. Conflict waivers would be signed if a transaction created the appearance of a conflict.”

Form 990, Part VI, Section C, Line 19

“The documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
The Joint Ownership Entity
EIN
47-5044823
Phone
6467684100
Address
588 BROADWAY NO 1208, NEW YORK, NY 10012

Signing Officer

Name
Peter Madden
Title
Executive Director
Phone
6467684100
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Rochford
Formed
2015
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
2
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Thomas Lanning
Phone
2122970400
Supplemental Narrative

Additional Explanations

FORM 990 XII LINE 2C:

“The organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.”

Financial Statement Notes

PART X, LINE 2:

“Joe nyc is exempt from income taxes under internal revenue code section 501(c)(3) and isclassified as a charitable corporation by the internal revenue service. However, any unrelated business income may be subject to taxation. Currently, joe nyc have no obligation for any unrelated business income tax. Due to its tax-exempt status, the joe nyc is not subject to income tax. Joe nyc is required to file, and do file, tax returns with the irs and other taxing authorities. Income tax returns are subject to examination by the internal revenue service for a period of three years. While no income tax returns are currently being examined by the internal revenue servic e, tax years since 2016 (the initial year of filing) remain open.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Related orginzation revenue 4,261,375. Intercompany eliminations -51,769.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Related orginzation expenses 5,805,015. Intercompany eliminations -132,777.”

Raw XML AppendixShowing 400 of 760 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.

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IRS990/ActivityOrMissionDesc0THE PRIMARY PURPOSES OF JOE NYC ARE TO STRENGTHEN ITS MEMBERS' ABILITY TO DEVELOP, MAINTAIN, AND MANAGE AFFORDABLE HOUSING AND SERVE AS A VEHICLE TO MAINTAIN LONG-TERM AFFORDABILITY OF EXISTING AND FUTURE AFFORDABLE HOUSING UNITS IN SUPPORT OF THEIR MISSIONS AS COMMUNITY-BASED ORGANIZATIONS THAT ALIGN THEIR HOUSING DEVELOPMENT AND MANAGEMENT WORK WITH THE NEEDS AND RESOURCES OF THE COMMUNITIES SERVED AND FOCUS ON RESIDENT SERVICES AND SUPPORT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
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IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt0-3591
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt044746
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt018082393
IRS990/LandBldgEquipCostOrOtherBssAmt018127139
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE PRIMARY PURPOSES OF JOE NYC ARE TO STRENGTHEN ITS MEMBERS' ABILITY TO DEVELOP, MAINTAIN, AND MANAGE AFFORDABLE HOUSING AND SERVE AS A VEHICLE TO MAINTAIN LONG-TERM AFFORDABILITY OF EXISTING AND FUTURE AFFORDABLE HOUSING UNITS IN SUPPORT OF THEIR MISSIONS AS COMMUNITY-BASED ORGANIZATIONS THAT ALIGN THEIR HOUSING DEVELOPMENT AND MANAGEMENT WORK WITH THE NEEDS AND RESOURCES OF THE COMMUNITIES SERVED AND FOCUS ON RESIDENT SERVICES AND SUPPORT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt023407759
IRS990/NetAssetsOrFundBalancesBOYAmt0709464
IRS990/NetAssetsOrFundBalancesEOYAmt03208079
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt042186
IRS990/OfficeExpensesGrp/TotalAmt042186
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt02959828
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0START UP COSTS
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OTHER MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3FILING AND PUBLICATION
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05328
IRS990/OtherExpensesGrp/ProgramServicesAmt065032
IRS990/OtherExpensesGrp/ProgramServicesAmt160951
IRS990/OtherExpensesGrp/ProgramServicesAmt23151
IRS990/OtherExpensesGrp/ProgramServicesAmt3656
IRS990/OtherExpensesGrp/TotalAmt065032
IRS990/OtherExpensesGrp/TotalAmt160951
IRS990/OtherExpensesGrp/TotalAmt28479
IRS990/OtherExpensesGrp/TotalAmt3656
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt0712632
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01240000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0400000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0385000
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0439212
IRS990/PrincipalOfficerNm0MICHAEL ROCHFORD
IRS990/PriorPeriodAdjustmentsAmt03591
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0134913
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0134913
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01695000
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-3591
IRS990/PYOtherExpensesAmt0910418
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0709464
IRS990/PYSalariesCompEmpBnftPaidAmt071527
IRS990/PYTotalExpensesAmt0981945
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01691409
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt02495024
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0134913
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt05
IRS990ScheduleA/SupportedOrganizationsTotalCnt05
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133160099
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1132934000
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2510192170
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3112453853
IRS990ScheduleA/SupportedOrgInformationGrp/EIN4112848938
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd00
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd10
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd20
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd30
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd40
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd17
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd27
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd410
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt10
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt20
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt30
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt40
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ECUMENICAL COMMUNITY DEVELOPMENT ORGANIZATION INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1BANANA KELLY COMMUNITY IMPROVEMENT ASSOCIATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2ST NICKS ALLIANCE CORP
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3RIDGEWOOD BUSHWICK SENIOR CITIZENS COUNCIL
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4MUTUAL HOUSING ASSOCIATION OF NEW YORK INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt016496793
IRS990ScheduleD/BuildingsGrp/DepreciationAmt044746
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016541539
IRS990ScheduleD/ExpensesNotReportedAmt05672238
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01266920
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt01585600
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01585600
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02959828
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherExpensesIncludedAmt05672238
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0480407
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1229604
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PREPAID RENT
IRS990ScheduleD/OtherRevenueAmt04209606
IRS990ScheduleD/RevenueNotReportedAmt04209606
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03761944
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0JOE NYC IS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND ISCLASSIFIED AS A CHARITABLE CORPORATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, ANY UNRELATED BUSINESS INCOME MAY BE SUBJECT TO TAXATION. CURRENTLY, JOE NYC HAVE NO OBLIGATION FOR ANY UNRELATED BUSINESS INCOME TAX. DUE TO ITS TAX-EXEMPT STATUS, THE JOE NYC IS NOT SUBJECT TO INCOME TAX. JOE NYC IS REQUIRED TO FILE, AND DO FILE, TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVIC E, TAX YEARS SINCE 2016 (THE INITIAL YEAR OF FILING) REMAIN OPEN.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RELATED ORGINZATION REVENUE 4,261,375. INTERCOMPANY ELIMINATIONS -51,769.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RELATED ORGINZATION EXPENSES 5,805,015. INTERCOMPANY ELIMINATIONS -132,777.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018082393
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02959828
IRS990ScheduleD/TotalExpensesPerForm990Amt01266920
IRS990ScheduleD/TotalLiabilityAmt0712632
IRS990ScheduleD/TotalRevenuePerForm990Amt03761944
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt07971550
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06939158
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. IT IS THEN REVIEWED BY THE ORGANIZATION'S GOVERNING BODY. AFTER THE REVIEW, FORM 990 IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS SIGN ANNUAL CONFLICT OF INTEREST POLICY. CONFLICT WAIVERS WOULD BE SIGNED IF A TRANSACTION CREATED THE APPEARANCE OF A CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION HAS A COMMITTEE RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 XII LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,289,436
Liabilities
$25,081,357
Net assets
$3,208,079
Revenue
$3,761,944
Expenses
$1,266,920
Net income
$2,495,024
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.91$1.43$8.48$0.01$0.39$0.38
2023Detailed filing. Detailed filing data is available for this year.$10.3$1.43$8.86$0.72$0.51$0.21
2022Detailed filing. Detailed filing data is available for this year.$5.68$2.57$3.10$0.25$0.65$0.41
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$169$166$3.15$14.4$18.6$4.24
2020Detailed filing. Detailed filing data is available for this year.$156$147$8.92$17.4$17.4$0.02
2019Detailed filing. Detailed filing data is available for this year.$79.4$59.3$20.0$22.9$11.7$11.2
2018Detailed filing. Detailed filing data is available for this year.$59.4$49.5$9.95$14.4$7.74$6.69
2017Detailed filing. Detailed filing data is available for this year.$28.3$25.1$3.21$3.76$1.27$2.50
2016Detailed filing. Detailed filing data is available for this year.$1.21$0.50$0.71$1.69$0.98$0.71