Jha Development Inc
- Assets
- $1.2m
- Revenue
- $480.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jacksonville, FL
- Founding
- Data as of
- 09/2023
- EIN
- 20-0902015
Organization Overview
Jha Development Inc is located in Jacksonville, FL. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jha Development Inc 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 09/2023, Jha Development Inc generated $480.0 in total revenue. All expenses for the organization totaled $13.0 during the year ending 09/2023.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AFFORDABLE HOUSING PROJECTS IN JACKSONVILLE, FLORIDA. EACH PROJECT DEVELOPED BY THE ORGANIZATION WILL BE OPERATED BY THE OWNER IN COMPLIANCE WITH THE IRS REVENUE PROCEDURE 96-32. THE ORGANIZATION WILL NOT BE THE OWNER OF ANY AFFORADABLE HOUSING PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DEVELOP AFFORDABLE HOUSING PROJECTS IN JACKSONVILLE, FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dwayne Alexander President/ce | 40 | $0 | |
Christopher Walker Chair | 4 | $0 | |
Andre Green Director | 4 | $0 | |
Craig Shoup Director | 4 | $0 | |
Charles Griggs Director | 4 | $0 | |
Harriet Brock Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $480 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $480 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13 |
| Total operating and administrative expenses | $13 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $13 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,754 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,200,000 |
| Total assets | $1,221,754 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |