Jpc Charities EIN 46-3315909

Jpc Charities FY2020 filing

EIN  46-3315909 Public charity (501(c)(3)) Newark, NJ Founded 2013
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →
Compare with another nonprofit →
Verified accurate 7/20/26 · see original filing: IRS
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Jpc Charities claims this page.

Know this organization? Claim it to add your story

Size
$10–100M
What they do
Provides quality, affordable housing to low-income individuals, promoting public health and safety.
Leadership
Oron Zarum · President &director
Money in and out
$14.7M revenue, $17.2M expenses
Bottom line
100% program efficiency

Provides quality, affordable housing to low-income individuals, promoting public health and safety. For fiscal year 2020 it reported $14.7M in revenue, $17.2M in expenses, and $-8.7M in net assets.Pt I

Where the money goes · FY2020
Total revenue
$14.7M
Pt VIII · Ln 12
Total expenses
$17.2M
Pt IX · Ln 25
Net assets
$-8.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$2.6M
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs
Operating runway
-0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-17%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$14.7M
FY2020
Expenses
$17.2M
FY2020
Total assets
$115.4M
FY2020
Total liabilities
$124.1M
FY2020
Total revenue
$14.7M
Pt VIII · Ln 12
Total expenses
$17.2M
Pt IX · Ln 25
Net assets
$-8.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$2.6M
Total assetsPt X · Ln 16$115.4M
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43
Mission & Programs · Part III

Where the work happens

3 program services account for $12.4M of program spending, described in the organization's own filed words · FY2020.
01

Beech hill NH LLC, located at 110 beech hill avenue manchester city,new hampshire, has 320 multifamily units, that are leased to provide low income housing to those individuals needing public housing assistance

$5.2Mprogram expense
02

Brinton apartments penn LCC operates two low income projects a)brinton manor located at 2000 brinton manor DR braddock hills,pa has 219 multifamily units b)brinton towers located at 3000 locust ST pittsburgh,pa has 190 mulifamily units that are leased to provide low income housing to those individuals needing public housing assistance.

$3.7Mprogram expense
03

Pavilion apartments penn LLC located at 3901 conshohocken ave, philadelphia, pennsylvania 19131, has 296 multifamily units, that are leased to provide low income housing to those individuals needing public housing assistance.

$3.5Mprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJpc Charities
EINHdr · item D46-3315909
Principal addressHdr · item CNewark, NJ
WebsiteHdr · item Jnone reported
Year of formationHdr · item L2013
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFNov 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President &director
$0Pt VII · Sec A
Secretary &treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Jpc Charities executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Program service revenue$14.4M · 98%
Investment income$282K · 2%
Program service revenue98%$14.4M
Investment income2%$282K
Total revenueLn 12$14.7M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$17.2M
Total functional expensesLn 25$17.2M

Balance Sheet

Part X · end of year
CashLn 1$-10K
Total assetsLn 16$115.4M
Total liabilitiesLn 26$124.1M
Total net assetsLn 32$-8.7M
Months of cash on handcomputed-0.0

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $-10K · Operating expenses/yr $17.2M
-0.0 months
Where the money goes
Program services
Program services $17.2M · Total expenses $17.2M
100%
Management & General
Management & general $0 · Total expenses $17.2M
0%
Fundraising
Fundraising $0 · Total expenses $17.2M
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $14.7M
0%
Government reliance
Government grants — · Total revenue $14.7M
Earned-income share
Program service revenue $14.4M · Total revenue $14.7M
98%
Investment reliance
Investment income $282K · Total revenue $14.7M
+2%
Program self-sufficiency
Program service revenue $14.4M · Total expenses $17.2M
84%
Growth & trend
Revenue growth (YoY)
This year $14.7M · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $-8.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $14.7M · Expenses $17.2M
-17%
Liabilities-to-Assets
Total liabilities — · Total assets $115.4M
Net-asset ratio
Net assets $-8.7M · Total assets $115.4M
-8%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $115.4M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Oron Zarum · Reported title PRESIDENT &DIRECTOR · Highest reported compensation $0 · Total expenses $17.2M
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $1.4M · Total expenses $17.2M
8%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like Jpc Charities →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2022 (Latest)$13.2M revenue · ⤓ 990 PDF
FY2021$14.5M revenue · ⤓ 990 PDF
FY2020$14.7M revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.