Civic Intelligence

Jubilee Baltimore Inc.

990 • Fiscal year 2015 • EIN 52-1222237

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 08, 2016

Organization ProfileJUBILEEBALTIMORE.ORG
25 E 20th StreetBaltimore, MD 21218

(410) 327-7373

Siviq Scores

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

Liabilities / Assets

87th percentile

0.84x

Higher debt load relative to assets than 87% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

98th percentile

12.31x

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

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

92nd percentile

52%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

13th percentile

$109,194

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 5.1% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

98th percentile

137%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

8th percentile

-31%

Faster revenue growth than 8% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets87th percentile

Assets

Up

$31,345,846

Up $18,119,318 (+137%) from 2014

Net Assets

Up

$5,027,033

Up $1,105,898 (+28%) from 2014

Liabilities

Up

$26,318,813

Up $17,013,420 (+183%) from 2014

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin92nd percentile

Revenue

Down

$2,137,419

Down $961,326 (-31%) from 2014

Expenses

Up

$1,031,521

Up $464,595 (+82%) from 2014

Net Income

Down

$1,105,898

Down $1,425,921 (-56%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth98th percentile

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

$40M$30M$20M$10M$0-$10MAssets 2012: $3,030,502Liabilities 2012: $1,553,264Net Assets 2012: $1,477,2382012Assets 2013: $3,061,366Liabilities 2013: $1,672,050Net Assets 2013: $1,389,3162013Assets 2014: $13,226,528Liabilities 2014: $9,305,393Net Assets 2014: $3,921,1352014Assets 2015: $31,345,846Liabilities 2015: $26,318,813Net Assets 2015: $5,027,0332015Assets 2016: $11,830,812Liabilities 2016: $6,801,801Net Assets 2016: $5,029,0112016Assets 2017: $11,292,480Liabilities 2017: $4,967,849Net Assets 2017: $6,324,6312017Assets 2018: $11,453,308Liabilities 2018: $4,966,566Net Assets 2018: $6,486,7422018Assets 2019: $10,909,703Liabilities 2019: $5,035,669Net Assets 2019: $5,874,0342019Assets 2020: $9,706,406Liabilities 2020: $4,953,957Net Assets 2020: $4,752,4492020Assets 2021: $3,483,352Liabilities 2021: $5,967,739Net Assets 2021: -$2,484,3872021Assets 2022: $10,610,976Liabilities 2022: $10,259,319Net Assets 2022: $351,6572022Assets 2023: $20,717,327Liabilities 2023: $16,812,243Net Assets 2023: $3,905,0842023Assets 2024: $10,800,797Liabilities 2024: $7,458,707Net Assets 2024: $3,342,0902024

Highlighted filing

2015

Assets$31,345,846
Liabilities$26,318,813
Net Assets$5,027,033
Open 2015 Filing

Operations Trend

Revenue Growth8th percentile

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

$10M$5.0M$0-$5.0MExpenses 2012: $772,1142012Expenses 2013: $808,3872013Revenue 2014: $3,098,745Expenses 2014: $566,926Net Income 2014: $2,531,8192014Revenue 2015: $2,137,419Expenses 2015: $1,031,521Net Income 2015: $1,105,8982015Revenue 2016: $1,997,474Expenses 2016: $1,263,778Net Income 2016: $733,6962016Revenue 2017: $586,408Expenses 2017: $1,122,172Net Income 2017: -$535,7642017Revenue 2018: $1,447,903Expenses 2018: $969,453Net Income 2018: $478,4502018Revenue 2019: $694,735Expenses 2019: $1,192,415Net Income 2019: -$497,6802019Revenue 2020: $556,066Expenses 2020: $1,188,223Net Income 2020: -$632,1572020Revenue 2021: $985,438Expenses 2021: $1,331,251Net Income 2021: -$345,8132021Revenue 2022: $7,560,511Expenses 2022: $2,218,821Net Income 2022: $5,341,6902022Revenue 2023: $1,486,860Expenses 2023: $2,162,915Net Income 2023: -$676,0552023Revenue 2024: $1,535,805Expenses 2024: $2,123,448Net Income 2024: -$587,6432024

Highlighted filing

2015

Revenue$2,137,419
Expenses$1,031,521
Net Income$1,105,898
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 8, 2016
Return Version
2014v6.0
Gross Receipts
$2,137,419
Mission and Program Overview

Mission

To purchase, rehabilitate, and lease multi-family dwellings to qualified low income tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,176,781$16,282,647▲ $15,105,866
Other Notes and Loans Receivable, Net$9,810,174$9,815,391▲ $5,217
Cash and Non-Interest-Bearing Accounts$758,898$2,993,160▲ $2,234,262
Savings and Temporary Cash Investments$37,270$152,456▲ $115,186
Pledges and Grants Receivable$869,945$45,246▼ $824,699
Accounts Receivable$508$508→ $0
Investments Other Securities$-53,422$-122,970▼ $69,548
Total Assets$13,226,528$31,345,846▲ $18,119,318
Other Assets Total$626,374$2,179,408▲ $1,553,034
Liabilities
Mortgage Notes Payable Secured by Investment Property$8,258,593$22,882,439▲ $14,623,846
Accounts Payable and Accrued Expenses$439,000$1,825,831▲ $1,386,831
Other Liabilities$571,314$1,574,057▲ $1,002,743
Deferred Revenue$36,486$36,486→ $0
Total Liabilities$9,305,393$26,318,813▲ $17,013,420
Net Assets / Fund Balance
Unrestricted Net Assets$3,233,635$5,027,033▲ $1,793,398
Temporarily Rstr Net Assets$687,500$0▼ $687,500
Total Net Assets Fund Balance$3,921,135$5,027,033▲ $1,105,898
Total Liabilities and Net Assets / Fund Balance$13,226,528$31,345,846▲ $18,119,318

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$16,282,647$260,767$16,543,414
Other Land Buildings$0$29,995$29,995
Other Assets Org$23,824--
Compensation and Service Providers
Top Officer Pay13th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles B Duff JrExec DirectorFT$98,794$10,400$109,194
Judy LynchAssistant SecretaryFT$46,065-$46,065

Board Members and Trustees

NameTitle
Kenneth a Bourne JrChairman
J Joseph ClarkeVice President
Angela Gravely-smithDirector
Beth HarberDirector
Edward M HordDirector
Maureen FlynnDirector
Melissa WarlowDirector
Paul BrophyDirector
Richard ManekinDirector
Robert R Kern Jr EsqDirector
Ed RutkowskiSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$543,397
Program Service Revenue
$1,383,355
Investment Income
$0
Other Revenue
$210,667
All Other Contributions
$486,182
Change in Net Assets
$1,105,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$643,712
Salaries, Compensation, and Employee Benefits$387,809
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$417,561--$417,561
Other Salaries and Wages$182,126--$182,126
Current Officers, Directors, Trustees, and Key Employees$75,907$68,952-$144,859
Depreciation Depletion$42,312--$42,312
Other Employee Benefits$27,094$8,548-$35,642
Payroll Taxes$19,143$6,039-$25,182
All Other Expenses$22,909--$22,909
Office Expenses-$22,456-$22,456
Fees for Services Accounting-$21,845-$21,845
Fees for Services Legal$17,444--$17,444
Occupancy$11,120--$11,120
Other Expenses$9,902$23,024-$9,902
Total Functional Expenses$880,657$150,864$0$1,031,521
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 Party$1,563,610
Escrowed Funds$6,684
Security Deposits$3,763
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 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 11

“The organization has a committee to review and approve the draft tax return. The committee compares the final tax return with the audited financial statements to determine if the return looks reasonable. Once approved, the tax return is signed and filed with the internal revenue service.”

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

“The organization reviews it's conflict of interest policy every year and requires every employee to review and sign the policy. The organization's management monitors transactions during the year determining if there are any potential conflicts of interest taking place.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 990 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

Filer Name
Jubilee Baltimore Inc
EIN
52-1222237
Phone
4103277373
Address
25 E 20TH STREET, BALTIMORE, MD 21218

Signing Officer

Name
Charles B Duff Jr
Title
Executive Director
Phone
4103277373
Signed
2016-02-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Charles B Duff Jr
Formed
1980
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
11
Employees
10
Volunteers
0

Preparer

Firm
Grandizio Wilkins Little & Matthews
Address
1122 KENILWORTH DRIVE SUITE 413, TOWSON, MD 21204
Preparer
Henry a Grandizio
Phone
4104940885
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The committee's process for oversight of the audit of its financial statements and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART X, LINE 2:

“Jubilee has adopted fasb asc 740-10-25, accounting for uncertainty in income taxes. The organization will record a liability for uncertain tax positions when it is more likely than not that a tax position would not be sustained if examined by the taxing authority. The organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. The organization's evaluation on june 30, 2015 revealed no uncertain tax positions that would have a material impact on the financial statements. The fiscal tax years ending june 30, 2012, 2013 and 2014 remain subject to examination by the irs. The organization does not believe that any reasonably possible changes will occur within the next twelve (12) months that will have a material impact on the financial statements.”

Raw XML AppendixShowing 400 of 675 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/BOYAmt0439000
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt01825831
IRS990/AccountsReceivableGrp/BOYAmt0508
IRS990/AccountsReceivableGrp/EOYAmt0508
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PURCHASE, REHABILITATE, AND LEASE MULTI-FAMILY DWELLINGS TO QUALIFIED LOW INCOME TENANTS.
IRS990/AllOtherContributionsAmt0486182
IRS990/AllOtherExpensesGrp/ProgramServicesAmt022909
IRS990/AllOtherExpensesGrp/TotalAmt022909
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JUBILEE BALTIMORE INC
IRS990/BooksInCareOfDetail/PhoneNum04103277373
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01228 NORTH CALVERT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0BALTIMORE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021202
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0758898
IRS990/CashNonInterestBearingGrp/EOYAmt02993160
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt068952
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt075907
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0144859
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0543397
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0643712
IRS990/CYOtherRevenueAmt0210667
IRS990/CYProgramServiceRevenueAmt01383355
IRS990/CYRevenuesLessExpensesAmt01105898
IRS990/CYSalariesCompEmpBnftPaidAmt0387809
IRS990/CYTotalExpensesAmt01031521
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02137419
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt036486
IRS990/DeferredRevenueGrp/EOYAmt036486
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt042312
IRS990/DepreciationDepletionGrp/TotalAmt042312
IRS990/Desc0HOUSING PROGRAM - DEVELOP AFFORDABLE HOUSING IN THE SOUTHEAST BALTIMORE COMMUNITY; ASSIST LOW INCOME MEMBERS OF THE COMMUNITY IDENTIFY HOUSING ALTERNATIVES.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0880657
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt021845
IRS990/FeesForServicesAccountingGrp/TotalAmt021845
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt017444
IRS990/FeesForServicesLegalGrp/TotalAmt017444
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1110400
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0KENNETH A BOURNE JR
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL BROPHY
IRS990/Form990PartVIISectionAGrp/PersonNm2J JOSEPH CLARKE
IRS990/Form990PartVIISectionAGrp/PersonNm3BETH HARBER
IRS990/Form990PartVIISectionAGrp/PersonNm4EDWARD M HORD
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT R KERN JR ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm6MAUREEN FLYNN
IRS990/Form990PartVIISectionAGrp/PersonNm7RICHARD MANEKIN
IRS990/Form990PartVIISectionAGrp/PersonNm8ED RUTKOWSKI
IRS990/Form990PartVIISectionAGrp/PersonNm9MELISSA WARLOW
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGELA GRAVELY-SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm11CHARLES B DUFF JR
IRS990/Form990PartVIISectionAGrp/PersonNm12JUDY LYNCH
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1198794
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1246065
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11EXEC DIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ASSISTANT SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt057215
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02137419
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InterestGrp/ProgramServicesAmt0417561
IRS990/InterestGrp/TotalAmt0417561
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0-53422
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0-122970
IRS990/IRPDocumentCnt08
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0290762
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01176781
IRS990/LandBldgEquipBasisNetGrp/EOYAmt016282647
IRS990/LandBldgEquipCostOrOtherBssAmt016573409
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PURCHASE, REHABILITATE, AND LEASE MULTI-FAMILY DWELLINGS TO QUALIFIED LOW INCOME TENANTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt08258593
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt022882439
IRS990/NetAssetsOrFundBalancesBOYAmt03921135
IRS990/NetAssetsOrFundBalancesEOYAmt05027033
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt011120
IRS990/OccupancyGrp/TotalAmt011120
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022456
IRS990/OfficeExpensesGrp/TotalAmt022456
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0626374
IRS990/OtherAssetsTotalGrp/EOYAmt02179408
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt08548
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt027094
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035642
IRS990/OtherExpensesGrp/Desc0PROJECT COSTS
IRS990/OtherExpensesGrp/Desc1DONATIONS
IRS990/OtherExpensesGrp/Desc2INSURANCE
IRS990/OtherExpensesGrp/Desc3PROPERTY TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt023024
IRS990/OtherExpensesGrp/ProgramServicesAmt043788
IRS990/OtherExpensesGrp/ProgramServicesAmt111351
IRS990/OtherExpensesGrp/ProgramServicesAmt29902
IRS990/OtherExpensesGrp/TotalAmt043788
IRS990/OtherExpensesGrp/TotalAmt123024
IRS990/OtherExpensesGrp/TotalAmt211351
IRS990/OtherExpensesGrp/TotalAmt39902
IRS990/OtherLiabilitiesGrp/BOYAmt0571314
IRS990/OtherLiabilitiesGrp/EOYAmt01574057
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0210667
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0210667
IRS990/OtherRevenueTotalAmt0210667
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0182126
IRS990/OtherSalariesAndWagesGrp/TotalAmt0182126
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt09810174
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt09815391
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06039
IRS990/PayrollTaxesGrp/ProgramServicesAmt019143
IRS990/PayrollTaxesGrp/TotalAmt025182
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0869945
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt045246
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CHARLES B DUFF JR
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531390
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/BusinessCd2561000
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER'S FEES
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc2CONSULTING FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01273205
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt165484
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt244666
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01273205
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt165484
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt244666
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02581848
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0212696
IRS990/PYOtherRevenueAmt0-210748
IRS990/PYProgramServiceRevenueAmt0727645
IRS990/PYRevenuesLessExpensesAmt02531819
IRS990/PYSalariesCompEmpBnftPaidAmt0354230
IRS990/PYTotalExpensesAmt0566926
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03098745
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01105898
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01594022
IRS990/SavingsAndTempCashInvstGrp/BOYAmt037270
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0152456
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01230897
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01206848
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0499545
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0570447
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0581771
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04089508
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02906281
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99330
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt04062198
IRS990ScheduleA/SubstantialContributorsTotAmt027310
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01230897
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01206848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0499545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0570447
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0581771
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04089508
IRS990ScheduleA/TotalSupportAmt04089508
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/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt016282647
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0260767
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt016543414
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt050530
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt11065545
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2163250
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt3158485
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt4286
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5674852
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt642636
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt723824
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEVELOPMENT PROPERTY AND COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DUE FROM RELATED PARTIES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DUE FROM OTHERS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3CONSULTING FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4REAL ESTATE TAX ESCROW DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5DEFERRED LOAN COSTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6DEVELOPERS FEE RECEIVABLE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc7INTEREST RECEIVABLE
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt029995
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt029995
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03763
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16684
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21563610
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ESCROWED FUNDS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO RELATED PARTY
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0JUBILEE HAS ADOPTED FASB ASC 740-10-25, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ORGANIZATION WILL RECORD A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WOULD NOT BE SUSTAINED IF EXAMINED BY THE TAXING AUTHORITY. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION'S EVALUATION ON JUNE 30, 2015 REVEALED NO UNCERTAIN TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE FISCAL TAX YEARS ENDING JUNE 30, 2012, 2013 AND 2014 REMAIN SUBJECT TO EXAMINATION BY THE IRS. THE ORGANIZATION DOES NOT BELIEVE THAT ANY REASONABLY POSSIBLE CHANGES WILL OCCUR WITHIN THE NEXT TWELVE (12) MONTHS THAT WILL HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt016282647
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02179408
IRS990ScheduleD/TotalLiabilityAmt01574057
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS A COMMITTEE TO REVIEW AND APPROVE THE DRAFT TAX RETURN. THE COMMITTEE COMPARES THE FINAL TAX RETURN WITH THE AUDITED FINANCIAL STATEMENTS TO DETERMINE IF THE RETURN LOOKS REASONABLE. ONCE APPROVED, THE TAX RETURN IS SIGNED AND FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REVIEWS IT'S CONFLICT OF INTEREST POLICY EVERY YEAR AND REQUIRES EVERY EMPLOYEE TO REVIEW AND SIGN THE POLICY. THE ORGANIZATION'S MANAGEMENT MONITORS TRANSACTIONS DURING THE YEAR DETERMINING IF THERE ARE ANY POTENTIAL CONFLICTS OF INTEREST TAKING PLACE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COMMITTEE'S PROCESS FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0JUBILEE BALTIMORE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1JUBILEE BALTIMORE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt2JUBILEE BALTIMORE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt3JUBILEE BALTIMORE INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0522295600

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$31,345,846
Liabilities
$26,318,813
Net assets
$5,027,033
Revenue
$2,137,419
Expenses
$1,031,521
Net income
$1,105,898
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$10.8$7.46$3.34$1.54$2.12$0.59
2023Detailed filing. Detailed filing data is available for this year.$20.7$16.8$3.91$1.49$2.16$0.68
2022Detailed filing. Detailed filing data is available for this year.$10.6$10.3$0.35$7.56$2.22$5.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.48$5.97$2.48$0.99$1.33$0.35
2020Detailed filing. Detailed filing data is available for this year.$9.71$4.95$4.75$0.56$1.19$0.63
2019Detailed filing. Detailed filing data is available for this year.$10.9$5.04$5.87$0.69$1.19$0.50
2018Detailed filing. Detailed filing data is available for this year.$11.5$4.97$6.49$1.45$0.97$0.48
2017Detailed filing. Detailed filing data is available for this year.$11.3$4.97$6.32$0.59$1.12$0.54
2016Detailed filing. Detailed filing data is available for this year.$11.8$6.80$5.03$2.00$1.26$0.73
2015Detailed filing. Detailed filing data is available for this year.$31.3$26.3$5.03$2.14$1.03$1.11
2014Detailed filing. Detailed filing data is available for this year.$13.2$9.31$3.92$3.10$0.57$2.53
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.06$1.67$1.39$0.81
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.03$1.55$1.48$0.77