Civic Intelligence

The Village at West Jefferson Inc

EIN 84-3961078 • 501(c)3 • Louisville, KY

Profile

The village at west jefferson, inc. Was created in 2019 to support molo village cdc, co.'s mission by expanding the social services available to local residents both directly and indirectly through partnerships with other mission-aligned organizations (see schedule o) small businesses, and entrepreneurs.

1219 W Jefferson St 204Louisville, KY 40203

molovillagecdc.org

Siviq Scores

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

Liabilities / Assets

89th percentile

0.81x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

99th percentile

18.94x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

26th percentile

-4.7%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

30th percentile

$75,000

Higher top officer pay than 30% of similar nonprofits.

Top officer pay equals 34.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

36th percentile

0.0%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

35th percentile

0.0%

Faster revenue growth than 35% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$5,183,585

Up $137 (+0.0%) from 2023

Liabilities

Up

$4,180,123

Up $10,406 (+0.2%) from 2023

Net Assets

Down

$1,003,462

Down $10,269 (-1.0%) from 2023

Revenue

Flat

$220,754

Flat from 2023

Expenses

Down

$231,023

Down $56 (-0.0%) from 2023

Net Income

Up

-$10,269

Up $56 (+0.5%) from 2023

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2019: $5,263,908Liabilities 2019: $4,207,172Net Assets 2019: $1,056,7362019Assets 2020: $5,183,745Liabilities 2020: $4,138,498Net Assets 2020: $1,045,2472020Assets 2021: $5,183,306Liabilities 2021: $4,148,904Net Assets 2021: $1,034,4022021Assets 2022: $5,183,367Liabilities 2022: $4,159,311Net Assets 2022: $1,024,0562022Assets 2023: $5,183,448Liabilities 2023: $4,169,717Net Assets 2023: $1,013,7312023Assets 2024: $5,183,585Liabilities 2024: $4,180,123Net Assets 2024: $1,003,4622024

Highlighted filing

2024

Assets$5,183,585
Liabilities$4,180,123
Net Assets$1,003,462

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $1,063,907Expenses 2019: $7,171Net Income 2019: $1,056,7362019Revenue 2020: $220,754Expenses 2020: $232,243Net Income 2020: -$11,4892020Revenue 2021: $220,754Expenses 2021: $231,599Net Income 2021: -$10,8452021Revenue 2022: $220,754Expenses 2022: $231,100Net Income 2022: -$10,3462022Revenue 2023: $220,754Expenses 2023: $231,079Net Income 2023: -$10,3252023Revenue 2024: $220,754Expenses 2024: $231,023Net Income 2024: -$10,2692024

Highlighted filing

2024

Revenue$220,754
Expenses$231,023
Net Income-$10,269

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.2
Gross Receipts
$220,754
Mission and Program Overview

Mission

The village at west jefferson, inc. Was created in 2019 to support molo village cdc, co.'s mission by expanding the social services available to local residents both directly and indirectly through partnerships with other mission-aligned organizations, small businesses, and entrepreneurs.

To support molo village cdc, co.'s mission.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$4,845,886$4,845,886→ $0
Cash and Non-Interest-Bearing Accounts$3,120$3,257▲ $137
Total Assets$5,183,448$5,183,585▲ $137
Other Assets Total$334,442$334,442→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,169,217$4,179,623▲ $10,406
Other Liabilities$500$500→ $0
Total Liabilities$4,169,717$4,180,123▲ $10,406
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,013,731$1,003,462▼ $10,269
Total Net Assets Fund Balance$1,013,731$1,003,462▼ $10,269
Total Liabilities and Net Assets / Fund Balance$5,183,448$5,183,585▲ $137

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$334,442--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Rev Dr Jamesetta FergusonPresidentPT$75,000$75,000
Thomas Williams SrVice PresidentPT$2,820$2,820

Board Members and Trustees

NameTitle
G Derrick HodgeDirector
Raymond SmithDirector
Johnetta RobertsSecretary, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$220,754
Other Revenue
$0
Change in Net Assets
$-10,269
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$231,023
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest-$230,906-$230,906
Other Expenses-$117-$117
Total Functional Expenses$0$231,023$0$231,023
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 Organization$500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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

The board of directors reviews the financial statements of the organization on which the federal form 990 is based. The board of directors relies on management to review and file the form 990.

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

The organization maintains a conflict of interest policy that is annually reviewed by the board of directors for any potential conflicts of interest, with ongoing awareness maintained throughout the year.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available for public inspection upon request.

Filing and Contact Details

Filer

Filer Name
The Village at West Jefferson Inc
EIN
84-3961078
Phone
5024178438
Address
1219 W JEFFERSON ST 204, LOUISVILLE, KY 40203

Signing Officer

Name
Jamesetta Ferguson
Title
President
Phone
5024178438
Signed
2025-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jamesetta Ferguson
Formed
2019
Legal Domicile
Ky
Voting Board Members
5
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization is exempt from federal, state and local income taxes as a nonprofit organization described under section 501(c)(3) of the internal revenue code. The organization files an informational tax return in the u.s. Federal jurisdiction. However, income from certain activities not directly related to the organization's tax-exempt purpose may be subject to taxation as unrelated business income. Management does not believe the organization has unrelated business income for the year ended december 31,2024. As of december 31, 2024, the organization did not have any accrued interest or penalties related to income tax liabilities, and no interest or penalties have been charged to operations for the year then ended.

Raw XML Appendix349 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/Form990PartVIISectionAGrp/TitleTxt2SECRETARY, TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/MissionDesc0THE VILLAGE AT WEST JEFFERSON, INC. WAS CREATED IN 2019 TO SUPPORT MOLO VILLAGE CDC, CO.'S MISSION BY EXPANDING THE SOCIAL SERVICES AVAILABLE TO LOCAL RESIDENTS BOTH DIRECTLY AND INDIRECTLY THROUGH PARTNERSHIPS WITH OTHER MISSION-ALIGNED ORGANIZATIONS (SEE SCHEDULE O) SMALL BUSINESSES, AND ENTREPRENEURS.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AS STATED IN THE GOVERNING DOCUMENTS, THE ORGANIZATION WAS ESTABLISHED DECEMBER 12, 2019 TO SUPPORT MOLO VILLAGE CDC, CO. (EIN: 27-5347893) WHOSE MISSION IS TO EXPAND SOCIAL SERVICES THROUGH PARTNERSHIPS WITH OTHER MISSION-ALIGNED ORGANIZATIONS, SMALL BUSINESSES, AND ENTREPRENEURS. AN INITIAL CAPITALIZATION GRANT OF $1,057,612 FROM MOLO VILLAGE CDC, CO. IN 2019 WAS USED BY THE ORGANIZATION TO MAKE A LEVERAGE LOAN RELATED TO A NEW MARKETS TAX CREDITS TRANSACTION. THIS TRANSACTION PROVIDES AN INDIRECT SOURCE OF CAPITAL TO FUND CONSTRUCTION ACTIVITIES WHICH SUPPORT THE NONPROFIT MISSION OF MOLO VILLAGE CDC, CO. THE REVENUE FROM THE LEVERAGE LOAN WILL SUPPORT THE LONG-TERM OPERATING EXPENSES OF THE ORGANIZATION.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL, STATE AND LOCAL INCOME TAXES AS A NONPROFIT ORGANIZATION DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FILES AN INFORMATIONAL TAX RETURN IN THE U.S. FEDERAL JURISDICTION. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE ORGANIZATION'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. MANAGEMENT DOES NOT BELIEVE THE ORGANIZATION HAS UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31,2024. AS OF DECEMBER 31, 2024, THE ORGANIZATION DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO INCOME TAX LIABILITIES, AND NO INTEREST OR PENALTIES HAVE BEEN CHARGED TO OPERATIONS FOR THE YEAR THEN ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEWS THE FINANCIAL STATEMENTS OF THE ORGANIZATION ON WHICH THE FEDERAL FORM 990 IS BASED. THE BOARD OF DIRECTORS RELIES ON MANAGEMENT TO REVIEW AND FILE THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAINTAINS A CONFLICT OF INTEREST POLICY THAT IS ANNUALLY REVIEWED BY THE BOARD OF DIRECTORS FOR ANY POTENTIAL CONFLICTS OF INTEREST, WITH ONGOING AWARENESS MAINTAINED THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0SUPPORTING RESIDENTS OF WEST LOUISVILLE.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01219 W JEFFERSON ST STE 204
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LOUISVILLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0KY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd040203
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0KY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt05183448
IRS990/TotalAssetsEOYAmt05183585
IRS990/TotalAssetsGrp/BOYAmt05183448
IRS990/TotalAssetsGrp/EOYAmt05183585
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0231023
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0231023
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04169717
IRS990/TotalLiabilitiesEOYAmt04180123
IRS990/TotalLiabilitiesGrp/BOYAmt04169717
IRS990/TotalLiabilitiesGrp/EOYAmt04180123
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01013731
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01003462
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0220754
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0220754
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05183448
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05183585
IRS990/TotReportableCompRltdOrgAmt077820
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01219 W JEFFERSON ST 204
IRS990/USAddress/CityNm0LOUISVILLE
IRS990/USAddress/StateAbbreviationCd0KY
IRS990/USAddress/ZIPCd040203
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0MOLOVILLAGECDC.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMESETTA FERGUSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05024178438
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE VILLAGE AT WEST JEFFERSON INC
ReturnHeader/Filer/BusinessNameControlTxt0VILL
ReturnHeader/Filer/EIN0843961078
ReturnHeader/Filer/PhoneNum05024178438
ReturnHeader/Filer/USAddress/AddressLine1Txt01219 W JEFFERSON ST 204
ReturnHeader/Filer/USAddress/CityNm0LOUISVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0KY
ReturnHeader/Filer/USAddress/ZIPCd040203
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0611064249
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DEMING MALONE LIVESAY & OSTROFF PSC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09300 SHELBYVILLE RD STE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOUISVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0402225187
ReturnHeader/PreparerPersonGrp/PhoneNum05024269660
ReturnHeader/PreparerPersonGrp/PreparationDt02025-07-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINE N KOENIG
ReturnHeader/ReturnTs02025-08-18T07:47:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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