Greater Jamaica Development Corp

Organization Overview

Greater Jamaica Development Corp is located in Jamaica, NY. The organization was established in 1994. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greater Jamaica Development Corp employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Jamaica Development Corp 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 12/2021, Greater Jamaica Development Corp generated $8.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $8.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Greater Jamaica Development Corp has awarded 15 individual grants totaling $280,800. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

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Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sentinel Management Group Inc
Security Services
$355,039
Marks Paneth Llp
Audit Services
$128,846
Regional Plan Association
Consulting Services
$102,505
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,234,898
All other contributions, gifts, grants, and similar amounts not included above$427,229
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,662,127
Total Program Service Revenue$5,732,235
Investment income $99,544
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $674,298
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $8,397,998

Grants Awarded

Over the last fiscal year, Greater Jamaica Development Corp has awarded $70,000 in support to 2 organizations.

Grant RecipientAmount

GREATER JAMAICA LOCAL DEVELOPMENT CO

Org PageRecipient Profile

Jamaica, NY

PURPOSE: ANNUAL CONTRIBUTION

$60,000

YORK COLLEGE FOUNDATION

Org PageRecipient Profile

Jamaica, NY

PURPOSE: TARGETED STUDENT SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Jamaica Development Corp has recieved totaling $0.

Awarding OrganizationAmount
$0
View Grant Recipient Profile

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