Civic Intelligence

Mbcdc the Jefferson Corporation

990 • Fiscal year 2020 • EIN 65-0767473

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 13, 2021

Organization ProfileMIAMIBEACHCDC.COM
945 Pennsylvania Avenue 2nd FloorMiami Beach, FL 33139

(305) 538-0090

Siviq Scores

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

Liabilities / Assets

71st percentile

0.30x

Higher debt load relative to assets than 71% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

89th percentile

1.67x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

8th percentile

-49%

Higher net margin than 8% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

68th percentile

$97,896

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 43.2% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

20th percentile

-3.3%

Faster asset growth than 20% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

47th percentile

-0.5%

Faster revenue growth than 47% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets71st percentile

Assets

Down

$1,247,211

Down $42,063 (-3.3%) from 2019

Net Assets

Down

$869,545

Down $47,077 (-5.1%) from 2019

Liabilities

Up

$377,666

Up $5,014 (+1.3%) from 2019

Revenue And Expenses
Liabilities / Revenue89th percentileNet Margin8th percentile

Revenue

Down

$226,619

Down $1,169 (-0.5%) from 2019

Expenses

Up

$336,629

Up $70,267 (+26%) from 2019

Net Income

Down

-$110,010

Down $71,436 (-185%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,506,470Liabilities 2011: $560,748Net Assets 2011: $945,7222011Assets 2012: $1,464,447Liabilities 2012: $558,611Net Assets 2012: $905,8362012Assets 2013: $1,457,417Liabilities 2013: $489,117Net Assets 2013: $968,3002013Assets 2014: $1,396,821Liabilities 2014: $456,381Net Assets 2014: $940,4402014Assets 2015: $1,341,223Liabilities 2015: $452,741Net Assets 2015: $888,4822015Assets 2016: $1,377,623Liabilities 2016: $506,562Net Assets 2016: $871,0612016Assets 2017: $1,336,704Liabilities 2017: $389,202Net Assets 2017: $947,5022017Assets 2018: $1,317,515Liabilities 2018: $348,507Net Assets 2018: $969,0082018Assets 2019: $1,289,274Liabilities 2019: $372,652Net Assets 2019: $916,6222019Assets 2020: $1,247,211Liabilities 2020: $377,666Net Assets 2020: $869,5452020Assets 2021: $1,224,387Liabilities 2021: $399,796Net Assets 2021: $824,5912021Assets 2022: $1,177,726Liabilities 2022: $390,237Net Assets 2022: $787,4892022Assets 2023: $1,096,642Liabilities 2023: $356,844Net Assets 2023: $739,7982023Assets 2024: $1,103,904Liabilities 2024: $404,432Net Assets 2024: $699,4722024

Highlighted filing

2020

Assets$1,247,211
Liabilities$377,666
Net Assets$869,545
Open 2020 Filing

Operations Trend

Revenue Growth47th percentile

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

$400K$200K$0-$200KRevenue 2011: $190,588Expenses 2011: $186,158Net Income 2011: $4,4302011Revenue 2012: $190,588Expenses 2012: $186,160Net Income 2012: $4,4282012Revenue 2013: $200,846Expenses 2013: $178,197Net Income 2013: $22,6492013Revenue 2014: $189,914Expenses 2014: $218,115Net Income 2014: -$28,2012014Revenue 2015: $194,984Expenses 2015: $247,272Net Income 2015: -$52,2882015Revenue 2016: $206,539Expenses 2016: $237,152Net Income 2016: -$30,6132016Revenue 2017: $194,651Expenses 2017: $190,269Net Income 2017: $4,3822017Revenue 2018: $216,416Expenses 2018: $196,560Net Income 2018: $19,8562018Revenue 2019: $227,788Expenses 2019: $266,362Net Income 2019: -$38,5742019Revenue 2020: $226,619Expenses 2020: $336,629Net Income 2020: -$110,0102020Revenue 2021: $186,638Expenses 2021: $264,337Net Income 2021: -$77,6992021Revenue 2022: $253,059Expenses 2022: $288,515Net Income 2022: -$35,4562022Revenue 2023: $276,876Expenses 2023: $271,609Net Income 2023: $5,2672023Revenue 2024: $328,141Expenses 2024: $368,001Net Income 2024: -$39,8602024

Highlighted filing

2020

Revenue$226,619
Expenses$336,629
Net Income-$110,010
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 13, 2021
Return Version
2019v5.2
Gross Receipts
$227,504
Mission and Program Overview

Mission

Providing low income housing to elderly persons in the miami beach area.

Mbcdc the jefferson inc. Is a non-profit organization incorporated under the laws and statutes of the state of florida for the purpose of providing low income housing to elderly persons in the miami beach area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,138,499$1,133,257▼ $5,242
Accounts Receivable$2,508$17,436▲ $14,928
Cash and Non-Interest-Bearing Accounts$40,261$13,627▼ $26,634
Prepaid Expenses and Deferred Charges$2,800$5,200▲ $2,400
Total Assets$1,289,274$1,247,211▼ $42,063
Other Assets Total$105,206$77,691▼ $27,515
Liabilities
Mortgage Notes Payable Secured by Investment Property$287,059$267,487▼ $19,572
Other Liabilities$44,621$57,009▲ $12,388
Accounts Payable and Accrued Expenses$40,972$53,170▲ $12,198
Total Liabilities$372,652$377,666▲ $5,014
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$916,622$869,545▼ $47,077
Total Net Assets Fund Balance$916,622$869,545▼ $47,077
Total Liabilities and Net Assets / Fund Balance$1,289,274$1,247,211▼ $42,063

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$311,922$805,654$1,117,576
Land$705,000-$705,000
Leasehold Improvements$94,702-$94,702
Equipment$4,972$25,359$30,331
Other Land Buildings$16,661-$16,661
Other Assets Org$10,453--
Compensation and Service Providers
Top Officer Pay68th percentile

Employees

NameTitleOtherTotal
Ahmed MartinExecutive Director$97,896$97,896
Cristian Arango IiProgram Manager$40,768$40,768
Juanita FranklinSecretary$3,050$3,050

Board Members and Trustees

NameTitle
Monica Matteo-salinasChairman
Jeff FeldmanVice Chair
Chris ShearDirector
Jeremy ShirDirector
Michael HammonDirector
Raymond PereiraDirector
Ryan SwickDirector
Will WiseheartDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$56,859
Program Service Revenue
$165,644
Investment Income
$-855
Other Revenue
$4,971
Change in Net Assets
$-110,010
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$315,544
Salaries, Compensation, and Employee Benefits$21,085
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$66,301--$66,301
Fees for Services Management$40,831--$40,831
Insurance$31,853--$31,853
Office Expenses$26,507--$26,507
Other Salaries and Wages$18,513--$18,513
All Other Expenses$16,429$368-$16,797
Other Expenses$12,672--$12,672
Fees for Services Other$7,870--$7,870
Interest$7,675--$7,675
Fees for Services Accounting$7,087--$7,087
Payroll Taxes$1,434--$1,434
Pension Plan Contributions$1,138--$1,138
Travel$295--$295
Advertising$293--$293
Conferences and Meetings$124--$124
Fees for Services Legal$14--$14
Total Functional Expenses$336,261$368$0$336,629
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Mbcdc$39,418
Security Deposits-tenants$10,453
Other Current Liabilities$4,005
Accounts Payable Affiliates$2,400
Unearned Rent$733
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“A copy was received from the entity independent accountants and all board members reviewed at a meeting before sign and mail it.”

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

“The officers and directors are required, annually in a meeting, to disclose interests that could give rise to conflict.”

Form 990, Part VI, Section C, Line 19

“By written request the required information will be provided.”

Filing and Contact Details

Filer

Filer Name
Mbcdc the Jefferson
EIN
65-0767473
Phone
3055380090
Address
945 PENNSYLVANIA AVENUE 2ND FLOOR, MIAMI BEACH, FL 33139

Signing Officer

Name
Ahmed Martin
Title
Executive Director
Phone
3055380090
Signed
2021-08-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ahmed Martin
Formed
1997
Legal Domicile
Fl
Voting Board Members
11
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Glsc & Company Pllc
Address
6303 BLUE LAGOON DRIVE SUITE 200, MIAMI, FL 33126
Preparer
Eduard a Baltar
Phone
3053730123
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Book/tax depreciation difference 22,014.”

FORM 990, PART XII, LINE 2C:

“The members of the board are responsable to select an independent accountant and to oversight the audit”

Financial Statement Notes

PART X, LINE 2:

“Mbcdc the jefferson is organized as not-for-profit organization and is exempt from income taxes under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes is required. The organization's information returns filed with the internal revenue service have not been examined in the past. The organization is not aware of any uncertainties that could jeopardize its not-for-profit status. Therefore, no provision or liability for income taxes is deemed necessary. The organization's tax returns for the years 2016,2017 and 2018 remain subject to examination by internal revenue service. In the unlikely event an uncertain tax position existed in which the organization could incur corporate income taxes, management would evaluate whether there is a probability that the uncertain tax position taken would be sustained upon examination by a taxing authority in accordance with fasc 740-10, accounting for uncertainty in income taxes. Based on the implementation of fas asc 740-10, accounting for uncertainty in income taxes, the organization has determined that no amounts are required to be accrued for taxes or related penalties and interest for any tax positions taken through september 30, 2020.”

Raw XML AppendixShowing 400 of 578 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/BOYAmt040972
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt053170
IRS990/AccountsReceivableGrp/BOYAmt02508
IRS990/AccountsReceivableGrp/EOYAmt017436
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MBCDC THE JEFFERSON INC. IS A NON-PROFIT ORGANIZATION INCORPORATED UNDER THE LAWS AND STATUTES OF THE STATE OF FLORIDA FOR THE PURPOSE OF PROVIDING LOW INCOME HOUSING TO ELDERLY PERSONS IN THE MIAMI BEACH AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt0293
IRS990/AdvertisingGrp/TotalAmt0293
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0368
IRS990/AllOtherExpensesGrp/ProgramServicesAmt016429
IRS990/AllOtherExpensesGrp/TotalAmt016797
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ROYAL AMERICAN MANAGEMENT
IRS990/BooksInCareOfDetail/PhoneNum03054779545
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01400 NW 107TH AVE STE 405
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033172
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt040261
IRS990/CashNonInterestBearingGrp/EOYAmt013627
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0124
IRS990/ConferencesMeetingsGrp/TotalAmt0124
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056859
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-855
IRS990/CYOtherExpensesAmt0315544
IRS990/CYOtherRevenueAmt04971
IRS990/CYProgramServiceRevenueAmt0165644
IRS990/CYRevenuesLessExpensesAmt0-110010
IRS990/CYSalariesCompEmpBnftPaidAmt021085
IRS990/CYTotalExpensesAmt0336629
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0226619
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt066301
IRS990/DepreciationDepletionGrp/TotalAmt066301
IRS990/Desc0PROVIDE LOW INCOME HOUSING FACILITIES TO ELDERLY PERSONS.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0336261
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt07087
IRS990/FeesForServicesAccountingGrp/TotalAmt07087
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt014
IRS990/FeesForServicesLegalGrp/TotalAmt014
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt040831
IRS990/FeesForServicesManagementGrp/TotalAmt040831
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt07870
IRS990/FeesForServicesOtherGrp/TotalAmt07870
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt02.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt12.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt102.00
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/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/PersonNm0MONICA MATTEO-SALINAS
IRS990/Form990PartVIISectionAGrp/PersonNm1CRISTIAN ARANGO II
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFF FELDMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3AHMED MARTIN
IRS990/Form990PartVIISectionAGrp/PersonNm4MICHAEL HAMMON
IRS990/Form990PartVIISectionAGrp/PersonNm5CHRIS SHEAR
IRS990/Form990PartVIISectionAGrp/PersonNm6JUANITA FRANKLIN
IRS990/Form990PartVIISectionAGrp/PersonNm7RAYMOND PEREIRA
IRS990/Form990PartVIISectionAGrp/PersonNm8WILL WISEHEART
IRS990/Form990PartVIISectionAGrp/PersonNm9JEREMY SHIR
IRS990/Form990PartVIISectionAGrp/PersonNm10RYAN SWICK
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/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140768
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt397896
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt63050
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1PROGRAM MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-885
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt056859
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0227504
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt09
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt031853
IRS990/InsuranceGrp/TotalAmt031853
IRS990/InterestGrp/ProgramServicesAmt07675
IRS990/InterestGrp/TotalAmt07675
IRS990/InvestmentIncomeGrp/ExclusionAmt030
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt030
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0831013
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01138499
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01133257
IRS990/LandBldgEquipCostOrOtherBssAmt01964270
IRS990/LegalDomicileStateCd0FL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0885
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0150
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0150
IRS990/MissionDesc0PROVIDING LOW INCOME HOUSING TO ELDERLY PERSONS IN THE MIAMI BEACH AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0287059
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0267487
IRS990/NetAssetsOrFundBalancesBOYAmt0916622
IRS990/NetAssetsOrFundBalancesEOYAmt0869545
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-885
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-885
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0916622
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0869545
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt026507
IRS990/OfficeExpensesGrp/TotalAmt026507
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0105206
IRS990/OtherAssetsTotalGrp/EOYAmt077691
IRS990/OtherChangesInNetAssetsAmt022014
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1ED EARNINGS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSES
IRS990/OtherExpensesGrp/Desc3REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/ProgramServicesAmt043583
IRS990/OtherExpensesGrp/ProgramServicesAmt140919
IRS990/OtherExpensesGrp/ProgramServicesAmt212723
IRS990/OtherExpensesGrp/ProgramServicesAmt312672
IRS990/OtherExpensesGrp/TotalAmt043583
IRS990/OtherExpensesGrp/TotalAmt140919
IRS990/OtherExpensesGrp/TotalAmt212723
IRS990/OtherExpensesGrp/TotalAmt312672
IRS990/OtherLiabilitiesGrp/BOYAmt044621
IRS990/OtherLiabilitiesGrp/EOYAmt057009
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/Desc1LATE FEES
IRS990/OtherRevenueMiscGrp/Desc2LEASE TERMINATION FEE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt04314
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1280
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2227
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt04314
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1280
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2227
IRS990/OtherRevenueTotalAmt04971
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt018513
IRS990/OtherSalariesAndWagesGrp/TotalAmt018513
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt01434
IRS990/PayrollTaxesGrp/TotalAmt01434
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01138
IRS990/PensionPlanContributionsGrp/TotalAmt01138
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02800
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05200
IRS990/PrincipalOfficerNm0AHMED MARTIN
IRS990/PriorPeriodAdjustmentsAmt040919
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0TENANTS RENT INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0165644
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0165644
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt046259
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt030
IRS990/PYOtherExpensesAmt0254850
IRS990/PYOtherRevenueAmt09108
IRS990/PYProgramServiceRevenueAmt0172391
IRS990/PYRevenuesLessExpensesAmt0-38574
IRS990/PYSalariesCompEmpBnftPaidAmt011512
IRS990/PYTotalExpensesAmt0266362
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0227788
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-110010
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0169730
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt046259
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt048218
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt066123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0265959
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt08
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt080
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0790012
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt04971
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09175
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01672
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01738
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt012553
IRS990ScheduleA/OtherIncome170Grp/TotalAmt030109
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89810
IRS990ScheduleA/PublicSupportPY170Pct00.91880
IRS990ScheduleA/PublicSupportTotal170Amt0265959
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt046259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt048218
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt066123
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0265959
IRS990ScheduleA/TotalSupportAmt0296148
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/BookValueAmt0311922
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0805654
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01117576
IRS990ScheduleD/EquipmentGrp/BookValueAmt04972
IRS990ScheduleD/EquipmentGrp/DepreciationAmt025359
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt030331
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0705000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0705000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt094702
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt094702
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt062541
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt210453
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt016661
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt016661
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010453
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt139418
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2733
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt32400
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt44005
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS-TENANTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO MBCDC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED RENT
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCOUNTS PAYABLE AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4OTHER CURRENT LIABILITIES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MBCDC THE JEFFERSON IS ORGANIZED AS NOT-FOR-PROFIT ORGANIZATION AND IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED. THE ORGANIZATION'S INFORMATION RETURNS FILED WITH THE INTERNAL REVENUE SERVICE HAVE NOT BEEN EXAMINED IN THE PAST. THE ORGANIZATION IS NOT AWARE OF ANY UNCERTAINTIES THAT COULD JEOPARDIZE ITS NOT-FOR-PROFIT STATUS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES IS DEEMED NECESSARY. THE ORGANIZATION'S TAX RETURNS FOR THE YEARS 2016,2017 AND 2018 REMAIN SUBJECT TO EXAMINATION BY INTERNAL REVENUE SERVICE. IN THE UNLIKELY EVENT AN UNCERTAIN TAX POSITION EXISTED IN WHICH THE ORGANIZATION COULD INCUR CORPORATE INCOME TAXES, MANAGEMENT WOULD EVALUATE WHETHER THERE IS A PROBABILITY THAT THE UNCERTAIN TAX POSITION TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY IN ACCORDANCE WITH FASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. BASED ON THE IMPLEMENTATION OF FAS ASC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, THE ORGANIZATION HAS DETERMINED THAT NO AMOUNTS ARE REQUIRED TO BE ACCRUED FOR TAXES OR RELATED PENALTIES AND INTEREST FOR ANY TAX POSITIONS TAKEN THROUGH SEPTEMBER 30, 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01133257
IRS990ScheduleD/TotalBookValueOtherAssetsAmt077691
IRS990ScheduleD/TotalLiabilityAmt057009
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY WAS RECEIVED FROM THE ENTITY INDEPENDENT ACCOUNTANTS AND ALL BOARD MEMBERS REVIEWED AT A MEETING BEFORE SIGN AND MAIL IT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS AND DIRECTORS ARE REQUIRED, ANNUALLY IN A MEETING, TO DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BY WRITTEN REQUEST THE REQUIRED INFORMATION WILL BE PROVIDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOOK/TAX DEPRECIATION DIFFERENCE 22,014.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE MEMBERS OF THE BOARD ARE RESPONSABLE TO SELECT AN INDEPENDENT ACCOUNTANT AND TO OVERSIGHT THE AUDIT
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, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,247,211
Liabilities
$377,666
Net assets
$869,545
Revenue
$226,619
Expenses
$336,629
Net income
-$110,010
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.10$0.40$0.70$0.33$0.37$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.10$0.36$0.74$0.28$0.27$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.18$0.39$0.79$0.25$0.29$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.22$0.40$0.82$0.19$0.26$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.25$0.38$0.87$0.23$0.34$0.11
2019Detailed filing. Detailed filing data is available for this year.$1.29$0.37$0.92$0.23$0.27$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.32$0.35$0.97$0.22$0.20$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.39$0.95$0.19$0.19$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.38$0.51$0.87$0.21$0.24$0.03
2015Detailed filing. Detailed filing data is available for this year.$1.34$0.45$0.89$0.19$0.25$0.05
2014Summary only. Only limited summary data is available for this year.$1.40$0.46$0.94$0.19$0.22$0.03
2013Summary only. Only limited summary data is available for this year.$1.46$0.49$0.97$0.20$0.18$0.02
2012Summary only. Only limited summary data is available for this year.$1.46$0.56$0.91$0.19$0.19$0.00
2011Summary only. Only limited summary data is available for this year.$1.51$0.56$0.95$0.19$0.19$0.00