Civic Intelligence

Jubilee Housing Inc

EIN 52-0986261 • 501(c)3 • Washington, DC

Profile

Jubilee housing's mission is to build diverse, compassionate communities that create opportunities for everyone to thrive. We create justice through our justice housing model, which consists of deeply affordable homes with onsite and nearby services in resource-rich communities. We advance our mission through four primary areas: real estate development, property management, financing, and comprehensive programs for children, families, seniors, returning citizens, and others in our buildings and the surrounding community. Our programs focus on providing housing and resource stability, financial security, community, and health and wellness. We envision a city and a world where access to basic resources and opportunities are available to all people and where people live out these opportunities in the context of a supportive community to become their best selves.

1631 Euclid Street NW P-5Washington, DC 20009

www.jubileehousing.org

Siviq Scores

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

Liabilities / Assets

79th percentile

0.69x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

91st percentile

4.49x

Higher debt load relative to revenue than 91% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

65th percentile

11%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

2.4%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-22%

Faster revenue growth than 9% of similar nonprofits.

501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$124,846,969

Up $2,954,410 (+2.4%) from 2023

Liabilities

Up

$85,737,479

Up $925,174 (+1.1%) from 2023

Net Assets

Up

$39,109,490

Up $2,029,236 (+5.5%) from 2023

Revenue

Down

$19,093,136

Down $5,283,227 (-22%) from 2023

Expenses

Down

$17,063,900

Down $453,716 (-2.6%) from 2023

Net Income

Down

$2,029,236

Down $4,829,511 (-70%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2010: $33,201,166Liabilities 2010: $18,589,170Net Assets 2010: $14,611,9962010Assets 2011: $44,948,875Liabilities 2011: $28,923,965Net Assets 2011: $16,024,9102011Assets 2012: $46,341,470Liabilities 2012: $29,663,021Net Assets 2012: $16,678,4492012Assets 2013: $50,317,767Liabilities 2013: $33,570,840Net Assets 2013: $16,746,9272013Assets 2014: $51,854,150Liabilities 2014: $35,180,544Net Assets 2014: $16,673,6062014Assets 2015: $40,189,075Liabilities 2015: $23,157,099Net Assets 2015: $17,031,9762015Assets 2016: $41,644,873Liabilities 2016: $24,982,293Net Assets 2016: $16,662,5802016Assets 2017: $35,691,591Liabilities 2017: $15,201,871Net Assets 2017: $20,489,7202017Assets 2018: $55,702,531Liabilities 2018: $34,657,834Net Assets 2018: $21,044,6972018Assets 2019: $70,931,837Liabilities 2019: $49,479,768Net Assets 2019: $21,452,0692019Assets 2020: $72,297,014Liabilities 2020: $51,473,506Net Assets 2020: $20,823,5082020Assets 2021: $81,340,567Liabilities 2021: $60,611,588Net Assets 2021: $20,728,9792021Assets 2022: $118,930,883Liabilities 2022: $88,709,376Net Assets 2022: $30,221,5072022Assets 2023: $121,892,559Liabilities 2023: $84,812,305Net Assets 2023: $37,080,2542023Assets 2024: $124,846,969Liabilities 2024: $85,737,479Net Assets 2024: $39,109,4902024

Highlighted filing

2024

Assets$124,846,969
Liabilities$85,737,479
Net Assets$39,109,490

Operations Trend

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

$30M$20M$10M$0-$10MExpenses 2010: $2,329,0272010Revenue 2011: $5,218,348Expenses 2011: $3,805,433Net Income 2011: $1,412,9152011Expenses 2012: $3,799,4172012Revenue 2013: $4,921,672Expenses 2013: $4,220,463Net Income 2013: $701,2092013Revenue 2014: $4,806,637Expenses 2014: $4,582,139Net Income 2014: $224,4982014Revenue 2015: $4,832,489Expenses 2015: $4,474,119Net Income 2015: $358,3702015Revenue 2016: $4,195,077Expenses 2016: $4,564,473Net Income 2016: -$369,3962016Revenue 2017: $7,624,368Expenses 2017: $3,797,228Net Income 2017: $3,827,1402017Revenue 2018: $5,171,034Expenses 2018: $4,616,057Net Income 2018: $554,9772018Revenue 2019: $6,019,319Expenses 2019: $5,611,947Net Income 2019: $407,3722019Revenue 2020: $4,822,280Expenses 2020: $5,450,841Net Income 2020: -$628,5612020Revenue 2021: $5,811,871Expenses 2021: $5,906,400Net Income 2021: -$94,5292021Revenue 2022: $12,840,901Expenses 2022: $9,929,508Net Income 2022: $2,911,3932022Revenue 2023: $24,376,363Expenses 2023: $17,517,616Net Income 2023: $6,858,7472023Revenue 2024: $19,093,136Expenses 2024: $17,063,900Net Income 2024: $2,029,2362024

Highlighted filing

2024

Revenue$19,093,136
Expenses$17,063,900
Net Income$2,029,236

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$85.7$39.1$19.1$17.1$2.03
2023Detailed filing. Detailed filing data is available for this year.$122$84.8$37.1$24.4$17.5$6.86
2022Detailed filing. Detailed filing data is available for this year.$119$88.7$30.2$12.8$9.93$2.91
2021Detailed filing. Detailed filing data is available for this year.$81.3$60.6$20.7$5.81$5.91$0.09
2020Detailed filing. Detailed filing data is available for this year.$72.3$51.5$20.8$4.82$5.45$0.63
2019Detailed filing. Detailed filing data is available for this year.$70.9$49.5$21.5$6.02$5.61$0.41
2018Detailed filing. Detailed filing data is available for this year.$55.7$34.7$21.0$5.17$4.62$0.55
2017Detailed filing. Detailed filing data is available for this year.$35.7$15.2$20.5$7.62$3.80$3.83
2016Detailed filing. Detailed filing data is available for this year.$41.6$25.0$16.7$4.20$4.56$0.37
2015Detailed filing. Detailed filing data is available for this year.$40.2$23.2$17.0$4.83$4.47$0.36
2014Detailed filing. Detailed filing data is available for this year.$51.9$35.2$16.7$4.81$4.58$0.22
2013Detailed filing. Detailed filing data is available for this year.$50.3$33.6$16.7$4.92$4.22$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$46.3$29.7$16.7$3.80
2011Summary only. Only limited summary data is available for this year.$44.9$28.9$16.0$5.22$3.81$1.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$33.2$18.6$14.6$2.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 17, 2025
Return Version
2024v5.2
Gross Receipts
$19,093,136
Mission and Program Overview

Mission

To provide affordable housing and expanded life options to people with low income.

Jubilee housing's mission is to build diverse, compassionate communities that create opportunities for everyone to thrive. We create justice through our justice housing model, which consists of deeply affordable homes with onsite and nearby services in resource-rich communities. We advance our mission through four primary areas: real estate development, property management, financing, and comprehensive programs for children, families, seniors, returning citizens, and others in our buildings and the surrounding community. Our programs focus on providing housing and resource stability, financial security, community, and health and wellness. We envision a city and a world where access to basic resources and opportunities are available to all people and where people live out these opportunities in the context of a supportive community to become their best selves.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$91,581,120$91,777,362▲ $196,242
Other Notes and Loans Receivable, Net$12,280,578$12,211,208▼ $69,370
Cash and Non-Interest-Bearing Accounts$6,162,413$3,614,768▼ $2,547,645
Pledges and Grants Receivable$2,245,386$3,145,563▲ $900,177
Accounts Receivable$1,438,238$2,041,992▲ $603,754
Investments Other Securities$1,176,157$766,593▼ $409,564
Prepaid Expenses and Deferred Charges$339,149$171,039▼ $168,110
Total Assets$121,892,559$124,846,969▲ $2,954,410
Other Assets Total$6,669,518$11,118,444▲ $4,448,926
Liabilities
Mortgage Notes Payable Secured by Investment Property$80,781,274$81,242,040▲ $460,766
Accounts Payable and Accrued Expenses$3,389,171$3,847,942▲ $458,771
Other Liabilities$641,860$647,497▲ $5,637
Total Liabilities$84,812,305$85,737,479▲ $925,174
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$25,777,108$27,004,585▲ $1,227,477
Net Assets With Donor Restrictions$11,303,146$12,104,905▲ $801,759
Total Net Assets Fund Balance$37,080,254$39,109,490▲ $2,029,236
Total Liabilities and Net Assets / Fund Balance$121,892,559$124,846,969▲ $2,954,410

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$69,177,159$4,956,725$74,133,884
Land$22,730,726-$22,730,726
Equipment$-130,523$638,976$508,453
Other Assets Org$107,091--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kenneth Burton JrCFOFT$188,745$188,745
James D KnightPresident & CEOFT$144,908$144,908
David JeffersonChief Operating OfficerFT$137,805$137,805
David DrobnichVP of Institutional AdvancementFT$131,088$131,088
Jilian JohnsonVice President of Human ReFT$130,880$130,880

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,057,641
Program Service Revenue
$11,014,445
Investment Income
$1,745,779
Other Revenue
$2,275,271
All Other Contributions
$825,000
Change in Net Assets
$2,029,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$19,093,136
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$852,808
Total Revenue per Audited Statements
$19,945,944
Total Revenue per Form 990
$19,093,136
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$10,421,575
Salaries, Compensation, and Employee Benefits$6,591,325
Total Fundraising Expense$313,657
Grants and Similar Amounts Paid$51,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,989,460$1,721,159$197,676$4,908,295
Interest$3,434,533$115,078$50,273$3,599,884
Office Expenses$1,537,494$179,104$796$1,717,394
Depreciation Depletion$1,608,197$11,631-$1,619,828
Other Employee Benefits$684,716$447,596$32,272$1,164,584
Payroll Taxes$363,660$137,588$17,198$518,446
Fees for Services Other$296,917$178,848-$475,765
Information Technology$96,325$144,895$1,335$242,555
Occupancy$23,269$147,177-$170,446
All Other Expenses$98,547$45,840$184$144,571
Other Expenses$132,507$13,291$577$132,507
Advertising$62,282$37,450$8,789$108,521
Grants to Domestic Individuals$51,000--$51,000
Travel$19,026$19,262$262$38,550
Total Functional Expenses$13,442,072$3,308,171$313,657$17,063,900

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$17,120,873
Expenses per Audited Statements$17,063,900
Total Expenses per Form 990$17,063,900
Expenses Not Reported on Form 990$56,973
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raise the Roof$465,748---
Annual Justice Housing Breakfast$82,571---
Total Events$571,969---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$241,137
Rents Received in Advance$198,950
Due to Affiliates$114,319
Other Liabilities$93,091
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 B, Line 11B

The tax return was reviewed by both key employees of the organization as well as the board members prior to filing with the internal revenue service.

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

Annually, a form is submitted to all board members to disclose all conflicts of interest and potential situations.

Form 990, Part VI, Section C, Line 19

The governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Jubilee Housing Inc
EIN
52-0986261
Phone
2022991240
Address
1631 EUCLID STREET NW P-5, WASHINGTON, DC 20009

Signing Officer

Name
James D Knight
Title
President
Phone
2022991240
Signed
2025-10-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James D Knight
Formed
1973
Legal Domicile
Dc
Voting Board Members
21
Independent Board Members
21
Employees
113
Volunteers
100

Preparer

Firm
Tkr Advisors LLC
Address
1911 N FORT MYER DRIVE SUITE 600, ARLINGTON, VA 22209
Preparer
Ashley Gates
Phone
7032489200
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Income from equity method on k-1s 852,808.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Income from equity method on k-1s 56,973.

Raw XML AppendixShowing 400 of 1,016 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/ActivityOrMissionDesc0JUBILEE HOUSING'S MISSION IS TO BUILD DIVERSE, COMPASSIONATE COMMUNITIES THAT CREATE OPPORTUNITIES FOR EVERYONE TO THRIVE. WE CREATE JUSTICE THROUGH OUR JUSTICE HOUSING MODEL, WHICH CONSISTS OF DEEPLY AFFORDABLE HOMES WITH ONSITE AND NEARBY SERVICES IN RESOURCE-RICH COMMUNITIES. WE ADVANCE OUR MISSION THROUGH FOUR PRIMARY AREAS: REAL ESTATE DEVELOPMENT, PROPERTY MANAGEMENT, FINANCING, AND COMPREHENSIVE PROGRAMS FOR CHILDREN, FAMILIES, SENIORS, RETURNING CITIZENS, AND OTHERS IN OUR BUILDINGS AND THE SURROUNDING COMMUNITY. OUR PROGRAMS FOCUS ON PROVIDING HOUSING AND RESOURCE STABILITY, FINANCIAL SECURITY, COMMUNITY, AND HEALTH AND WELLNESS. WE ENVISION A CITY AND A WORLD WHERE ACCESS TO BASIC RESOURCES AND OPPORTUNITIES ARE AVAILABLE TO ALL PEOPLE AND WHERE PEOPLE LIVE OUT THESE OPPORTUNITIES IN THE CONTEXT OF A SUPPORTIVE COMMUNITY TO BECOME THEIR BEST SELVES.
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IRS990/Form990PartVIISectionAGrp/PersonNm11JIM MUSTARD
IRS990/Form990PartVIISectionAGrp/PersonNm12JOSEPH A BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm13LIZ WAINGER
IRS990/Form990PartVIISectionAGrp/PersonNm14CARMEN REYES
IRS990/Form990PartVIISectionAGrp/PersonNm15KAREN SALMERON
IRS990/Form990PartVIISectionAGrp/PersonNm16JIM GRAY
IRS990/Form990PartVIISectionAGrp/PersonNm17CAROLINE KENNEY
IRS990/Form990PartVIISectionAGrp/PersonNm18DAVID JEFFERSON
IRS990/Form990PartVIISectionAGrp/PersonNm19JILIAN JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm20DAVID DROBNICH
IRS990/Form990PartVIISectionAGrp/PersonNm21KENNETH BURTON JR
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT OF HUMAN RE
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP OF INSTITUTIONAL ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21CFO
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IRS990/FormationYr01973
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IRS990/FSAuditedInd01
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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IRS990/MissionDesc0JUBILEE HOUSING'S MISSION IS TO BUILD DIVERSE, COMPASSIONATE COMMUNITIES THAT CREATE OPPORTUNITIES FOR EVERYONE TO THRIVE. WE CREATE JUSTICE THROUGH OUR JUSTICE HOUSING MODEL, WHICH CONSISTS OF DEEPLY AFFORDABLE HOMES WITH ONSITE AND NEARBY SERVICES IN RESOURCE-RICH COMMUNITIES. WE ADVANCE OUR MISSION THROUGH FOUR PRIMARY AREAS: REAL ESTATE DEVELOPMENT, PROPERTY MANAGEMENT, FINANCING, AND COMPREHENSIVE PROGRAMS FOR CHILDREN, FAMILIES, SENIORS, RETURNING CITIZENS, AND OTHERS IN OUR BUILDINGS AND THE SURROUNDING COMMUNITY. OUR PROGRAMS FOCUS ON PROVIDING HOUSING AND RESOURCE STABILITY, FINANCIAL SECURITY, COMMUNITY, AND HEALTH AND WELLNESS. WE ENVISION A CITY AND A WORLD WHERE ACCESS TO BASIC RESOURCES AND OPPORTUNITIES ARE AVAILABLE TO ALL PEOPLE AND WHERE PEOPLE LIVE OUT THESE OPPORTUNITIES IN THE CONTEXT OF A SUPPORTIVE COMMUNITY TO BECOME THEIR BEST SELVES.
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IRS990/PrincipalOfficerNm0JAMES D KNIGHT
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3102167
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2301165
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3102167
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORTED RESIDENTS WITH FAMILY AND YOUTH SERVICES (VIRTUAL AND IN PERSON):IN 2024 JUBILEE HOUSING PROVIDED COMPREHENSIVE SERVICES THROUGH THREE MAJOR PROGRAMS: RESIDENT SERVICES, YOUTH SERVICES, AND REENTRY TRANSITIONAL HOUSING TO CITIZENS RETURNING FROM INCARCERATION. RESIDENT SERVICES SUPPORTED 622 UNIQUE INDIVIDUALS WITH REGULAR PROGRAMS CAN CASE MANAGEMENT. YOUTH SERVICES PROVIDED 100 CHILDREN/YOUTH BETWEEN AGES -21 WITH DAILY AFTER SCHOOL SERVICES FOR ACADEMIC AND AND SOCIAL SUPPORT. THE REENTRY TRANSITIONAL HOUSING PROGRAM PROVIDED TRANSITIONAL HOUSING AND CASE MANAGEMENT TO 36 INCARCERATED INDIVIDUALS.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt051000
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IRS990/PYGrantsAndSimilarPaidAmt050000
IRS990/PYInvestmentIncomeAmt0310496
IRS990/PYOtherExpensesAmt011519546

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