JACKSONVILLE HOUSING SOLUTIONS INC

EIN: 453527429 501(c)(3) Housing & Shelter

JACKSONVILLE, AR

Total Revenue
$71,965
Total Expenses
$26,736
Total Assets
$361,854
Net Assets
$323,854
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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
AR
Phone
5019822267
Tax Period
2023-01-01 to 2023-12-31

JACKSONVILLE HOUSING SOLUTIONS INC, founded in 2011, is a micro nonprofit in the Housing & Shelter sector that reported $29K in total revenue in fiscal year 2018. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $35K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDING SAFE AND AFFORDABLE HOUSING FOR MODERATE TO LOW-INCOME FAMILIES. JACKSONVILLE HOUSING SOLUTIONS, BUILT A COMMUNITY PARK WITH A GAZEBO, PICINIC TABLES, BBQ GRILLS, AND A SOCCER FIELD IN A SUBDIVISION THAT IS AFFORDABLE HOUSING. THE COMMUNITY PARK IS FOR ALL RESIDENTS OF THE 55 HOME SUBDIVISION WHICH HOUSES APPROXIMATELY 217 INDIVIDUALS. THE INVESTOR OF THE LIHTC DEVELOPMENT DONATED TO JHS THE COST OF THE COMMUNITY PARK WHICH COST $201,320 TO CONSTRUCT. THE INVESTOR ALSO DONATED $114,674 FOR MAINTENANCE AND MANAGEMENT OF THE COMMUNITY PARK. JHS IS THE MANAGEMENT COMPANY OF THE LIHTC DEVELOPMENT WHICH IS A 55 HOME SUBDIVISION AND IT MAINTAINS THE COMMUNITY PARK IN THE SAME SUBDIVISION. AT THIS TIME JHS IS LOOKING INTO DEVELOPING ANOTHER LIHTC SUBDIVISION TO FURTHER THEIR GOAL ON PROVIDING SAFE AND AFFORDABLE HOUSING FOR MODERATE TO LOW-INCOME FAMILIES.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $71,965
Investment Income $0
Other Revenue $0
TOTAL REVENUE $71,965

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,736
Other Expenses $26,736
TOTAL EXPENSES $26,736

Year-over-Year Comparison

2023 2022 Change
Revenue $71,965 $28,030 +1.6%
Expenses $26,736 $20,667 +0.3%
Net Income $45,229 $7,363 +5.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JON JOHNSON CHAIRMAN 1.00
Director
$0 $0 $0
ROGER SUNDEMEIER BOARD MEMEBER 1.00
Director
$0 $0 $0
ADDIE GIBSON BOARD MEMBER 1.00
Director
$0 $0 $0
MIKE DIETZ BOARD MEMBER 1.00
Director
$0 $0 $0
JODY URQUHART BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID GATES EXECUTIVE DIRECTOR 10.00
Officer
$0 $0 $0
PATRICK MCCOLLOUGH DIRECTOR OF FINANCE 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $71,965 $26,736 $361,854 $45,229
2022 $28,030 $20,667 $316,625 $7,363
2021 $15,505 $60,571 $504,434 $-45,066
2020 $44,308 $57,272 $549,472 $-12,964
2019 No data $1,107 $562,436 No data
2018 $28,721 $35,218 $525,543 $-6,497
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