Jasa Corporation
- Assets
- $81.7m
- Revenue
- $37.7m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1997
- Data as of
- 06/2021
- EIN
- 13-3936007
Organization Overview
Jasa Corporation is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jasa Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Jasa Corporation generated $37.7m in total revenue. All expenses for the organization totaled $10.5m during the year ending 06/2021. While expenses have increased by 53.0% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
JASA'S MISSION IS TO SUSTAIN AND ENRICH THE LIVES OF THE AGING IN THE NEW YORK METROPOLITAN AREA SO THAT THEY CAN REMAIN IN THE COMMUNITY WITH DIGNITY AND AUTONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JASA CORPORATION PROVIDE HOUSING MANAGEMENT SERVICES TO LOW-INCOME HOUSING DEVELOPMENT FOR OLDER ADULTS AND PROVIDING SERVICES TO ASSIST TENANTS IN REMAINING IN THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Levine Vice Persident | OfficerTrustee | 1 | $0 |
Leonard Boxer Chair | OfficerTrustee | 1 | $0 |
Bonnie D Rosenberg Treasurer | OfficerTrustee | 1 | $0 |
Jessica Feder Mantel Executive Vice Persident | OfficerTrustee | 1 | $0 |
Eleanor Wagner Secretary | OfficerTrustee | 1 | $0 |
Ruth Perelson Vice Persident | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $30,834,809 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,834,809 |
| Total Program Service Revenue | $6,073,359 |
| Investment income | $763,058 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $41,354 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,717,694 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,764,065 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $403,671 |
| Fees for services: Legal | $2,926 |
| Fees for services: Accounting | $54,711 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $197,569 |
| Advertising and promotion | $0 |
| Office expenses | $35,792 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $500,330 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,000,638 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $432,489 |
| Insurance | $350,451 |
| All other expenses | $0 |
| Total functional expenses | $10,524,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,467,998 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,152 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $232,636 |
| Net Land, buildings, and equipment | $7,828,623 |
| Investments—publicly traded securities | $61,894,731 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $667,101 |
| Other assets | $3,480,455 |
| Total assets | $81,684,696 |
| Accounts payable and accrued expenses | $1,672,219 |
| Grants payable | $0 |
| Deferred revenue | $3,888 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $48,833,214 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $797,719 |
| Total liabilities | $51,307,040 |
| Net assets without donor restrictions | $30,377,656 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $81,684,696 |
Grants Awarded
Over the last fiscal year, Jasa Corporation has awarded $4,764,065 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: GRANTS | $1,748,440 |
New York, NY PURPOSE: GRANTS | $1,712,158 |
New York, NY PURPOSE: GRANTS | $802,084 |
New York, NY PURPOSE: GRANTS | $501,383 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jasa Corporation has recieved totaling $3,000,000.
| Awarding Organization | Amount |
|---|---|
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $3,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grhs Foundation Inc Rochester, NY | $150,651,211 | $43,275,253 |
Phoebe Services Inc Allentown, PA | $13,209,475 | $32,050,372 |
Hispanic Federation Inc New York, NY | $50,299,555 | $50,097,384 |
Common Fund For Non-Profit Organizations Wilton, CT | $4,189,942,831 | $274,004,992 |
Affiliates Risk Management Services Inc New York, NY | $25,877,262 | $29,825,362 |
New Profit Inc Boston, MA | $113,525,114 | $77,118,974 |
Nonprofit Finance Fund New York, NY | $319,614,124 | $35,516,704 |
Npower Inc Brooklyn, NY | $16,868,984 | $22,673,461 |
Program Development Services Inc Brooklyn, NY | $16,969,361 | $21,610,144 |
Project Social Care Head Start Brooklyn, NY | $6,318,610 | $20,235,501 |
Race Forward New York, NY | $41,775,681 | $35,206,795 |
Doris Duke Management Foundation New York, NY | $16,535,132 | $14,155,611 |