Metro North Community Development Corp FY2020 filing

Tax-deductible

Jacksonville, FL501(c)(3)Since 2001HousingEIN 31-1761439

The organization's mission is to improve the quality of life for the residents of Metro North Jacksonville through residential and commercial rehabilitation and development.

501(c)(3) charity; gifts are tax-deductible.
3¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $35K a year · 19% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
3%
of spending
Concern: 3% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 48% of spending
Concern: pay to officers and key staff is 48% of spending; over 30%.
Pt VII · Sec A
Cash reserves
8 mo
of spending, in cash
Looks good: 8.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $40K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.4M
111% of total assets
Concern: liabilities are 111% of assets; over 80%.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$286K
Spent
$125K
To programs
3%
Net assets
−$240K
By yearFY2020–FY2025
Revenue
$286K
FY2020
Revenue by fiscal year
FY2020$286K
FY2021$68K
FY2022$191K
FY2023$264K
FY2024$108K
FY2025$158K
Expenses
$125K
FY2020
Expenses by fiscal year
FY2020$125K
FY2021$134K
FY2022$128K
FY2023$246K
FY2024$121K
FY2025$111K
Net assets
−$240K
FY2020
Net assets by fiscal year
FY2020−$240K
FY2021−$307K
FY2022−$264K
FY2023−$247K
FY2024−$299K
FY2025−$270K

From the FY2020 Form 990 · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 2001.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

3 cents of each dollar spent went to programs.

Program services 3% · $3K Management & general 97% · $122K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Dir.
$60,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Jerome Crawford’s $60K as Executive Dir. is at the 50th percentile of top reported officer pay among 851 $100K–1M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Jerome Crawford$60,000$60,000$60,000$60,000$60,000$60,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Metro North Community Development Corp executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Rehabilitates and develops homes and businesses to improve quality of life.

Provided by the organization

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1 program service account for $3K of program spending, described in the organization's own filed words · FY2020.
01

Improving the quality of life for the residents of Metro North Jacksonville through residential and commercial rehabilitation and development as well as renting properties.

$3Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$40K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$286K
Ln 12
Gifts and grantsLn 1h$256K
Other incomeLn 4–11$30K
Fees for servicesLn 2g$698
Money outPt IX
$125K
Ln 25
Programscol B$3K
Managementcol C$122K
Owns and owesPt X
−$240K
net assets · Ln 32
Cash and savingsLn 1–2$84K
Total assetsLn 16$2.2M
LiabilitiesLn 26$2.4M
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$256K
Government grantsLn 1e$6K
Fees for servicesLn 2g$698
Investment incomeLn 3$98
Other incomeLn 4–11$30K
Gains on assetsLn 7$0
Total revenueLn 12$286K
Assets in detailPt X, end of year
CashLn 1$84K
SavingsLn 2$0
Cash and savings togetherLn 1–2$84K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.0M
Other assetsLn 15$0
Total assetsLn 16$2.2M
LiabilitiesLn 26$2.4M
Net assetsLn 32−$240K
OperationsPt I, VI
EmployeesI 52
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$24K$84K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$2.0M$2.0M
Total assetsLn 16$2.1M$2.2M
LiabilitiesLn 26$2.5M$2.4M
Net assetsLn 32−$405K−$240K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$60K$60K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$8K$8K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$5K$5K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$8K$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$798$798
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$13K$13K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$125$125
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$20$20
InsuranceLn 23$7K$7K
Other expenses (24a–d)Ln 24$17K$2K$14K
All other expensesLn 24e$6K$761$6K
Total functional expensesLn 25$125K$3K$122K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $158K$111K$46K−$270K 990 PDF
FY2024 $108K$121K−$12K−$299K 990 PDF
FY2023 $264K$246K$17K−$247K 990 PDF
FY2022 $191K$128K$63K−$264K 990 PDF
FY2021 $68K$134K−$66K−$307K 990 PDF
FY2020 Viewing $286K$125K$161K−$240K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (4 parts)
Part VIII · Statement of revenue $286,292 across 11 lines filed
Lines not itemized here account for $14,629 of total revenue; see the IRS return.
VIII-1e Government grants$6,205
VIII-1f All other contributions, gifts and grants$249,680
VIII-1h Total contributions, gifts and grants$255,885
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $698$698
VIII-3 Investment incomeExcluded from tax $98$98
VIII-5 Royalties$0
VIII-6 Net rental income or lossRelated to mission $14,516$14,516
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $466$466
VIII-12 Total revenueRelated to mission $15,214 · Excluded from tax $15,193$286,292
Part IX · Statement of functional expenses $125,431 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $60,000$60,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesManagement $7,800$7,800
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxesManagement $5,367$5,367
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $8,000$8,000
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expensesManagement $798$798
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyManagement $13,380$13,380
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $125$125
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $20$20
IX-23 InsuranceManagement $6,855$6,855
IX-24 Other expenses (24a–d)Programs $2,500 · Management $14,101$16,601
IX-24e All other expensesPrograms $761 · Management $5,724$6,485
IX-25 Total functional expensesPrograms $3,386 · Management $122,045 · Fundraising $0$125,431
Part X · Balance sheet $2,176,810 assets, 20 lines filed
X-1 Cash, non-interest-bearingStart of year $23,770$83,958
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or useStart of year $39,097$101,813
X-9 Prepaid expenses and deferred charges$4,942
X-10c Land, buildings and equipment, netStart of year $2,040,343$1,986,097
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $2,103,210$2,176,810
X-17 Accounts payable and accrued expensesStart of year $42,899$3,217
X-25 Other liabilitiesStart of year $8,317$20,979
X-26 Total liabilitiesStart of year $2,508,584$2,416,914
X-27 Net assets without donor restrictionsStart of year −$405,374−$259,966
X-28 Net assets with donor restrictions$19,862
X-32 Total net assets or fund balancesStart of year −$405,374−$240,104
X-33 Total liabilities and net assetsStart of year $2,103,210$2,176,810
Part XI · Reconciliation of net assets −$240,104 net assets at year end
XI-1 Total revenue$286,292
XI-2 Total expenses$125,431
XI-3 Revenue less expenses$160,861
XI-4 Net assets at start of year−$405,374
XI-9 Other changes in net assets$4,409
XI-10 Net assets at end of year−$240,104

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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