GREATER JAMAICA LOCAL DEVELOPMENT COMPANY Charity Report

Public IRS 990 nonprofit record

GREATER JAMAICA LOCAL DEVELOPMENT COMPANY

EIN 11-2563026 · Community Improvement & Capacity Building (S31Z)

What they do

GJLDCS LOAN FUND is FOCUSED ON SERVING BUSINESSES LOCATED WITHIN QUEENS COUNTY, NEW YORK SPECIFICALLY THOSE OPERATING IN or PLANNING to LOCATE WITHIN THE 114XX and 116XX ZIP CODE AREAS. AS AN ALTERNATIVE LENDER, GJLDC is COMMITTED to SUPPORTING BUSINESSES THAT ARE UNABLE to SECURE ADEQUATE FINANCING THROUGH TRADITIONAL LENDING SOURCES.ELIGIBLE APPLICANTS INCLUDE INDEPENDENTLY OWNED and OPERATED ENTERPRISES THAT TYPICALLY MEET THE U.S. SMALL BUSINESS ADMINISTRATION (SBA) SIZE STANDARDS, BASED ON ANNUAL REVENUE and NUMBER of EMPLOYEES. to QUALIFY, BUSINESSES MUST HAVE ANNUAL SALES of LESS THAN $10 MILLION.LOAN AMOUNTS RANGE FROM $1,000 to $300,000, and ARE AVAILABLE to BOTH EXISTING BUSINESSES and START-UPS.GJLDC GIVES SPECIAL CONSIDERATION to BUSINESSES THAT ARE OWNED BY INDIVIDUALS FROM LOW-TO-MODERATE INCOME BACKGROUNDS, AS WELL AS THOSE LOCATED IN or ADJACENT to LOW and MODERATE INCOME CENSUS TRACTS and BLOCKS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $98.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders36 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

108.40%of revenue went to mission work98.7% of expenses · Program services

$66.74spent for every $100 of revenueRevenue covered expenses this year.

1.48%of revenue went to management and office costs1.3% of expenses

$10.10in assets for every $1 spent this yearSome assets cannot be spent right away.

48.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $49,478 for JUSTIN K RODGERS (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$629,644

Mission workProgram services$682,533108.40% of revenue98.7% of expenses

ManagementOffice and general costs$9,3121.48% of revenue1.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$691,845109.88% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 98.7% mission · 1.3% management · 0.0% fundraisingTotal expenses: 109.88% of revenue

2023Expense mix: 97.9% mission · 2.1% management · 0.0% fundraisingTotal expenses: 73.68% of revenue

2022Expense mix: 97.4% mission · 2.6% management · 0.0% fundraisingTotal expenses: 27.10% of revenue

2021Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 22.30% of revenue

2020Expense mix: 94.5% mission · 5.5% management · 0.0% fundraisingTotal expenses: 15.84% of revenue

2019Expense mix: 90.4% mission · 9.6% management · 0.0% fundraisingTotal expenses: 276.67% of revenue

2018Expense mix: 87.7% mission · 12.3% management · 0.0% fundraisingTotal expenses: 228.88% of revenue

2017Expense mix: 75.2% mission · 24.8% management · 0.0% fundraisingTotal expenses: 173.53% of revenue

Money in and money out

Revenue$1,036,627

Expenses$691,845

Annual surplus $344,782 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$682,533 · 98.7% of expenses

Management and office costs$9,312 · 1.3% of expenses

See all reported dollar amounts

Revenue$1,036,627

Expenses$691,845

Assets$6,985,887

Income$1,036,627

Contributions$502,500

Mission work (program services)$682,533

Management and general$9,312

Executive compensation (total)$9,967

Accounting fees$8,409

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

JUSTIN K RODGERSPRESIDENT & CEO · 1 hrs/week $49,478Base · Other $49,478

TODD S BENENSONASSISTANT TREASURER/CFO · 1 hrs/week $36,396Base · Other $36,396

PATRICIA ROBINSONCHIEF ADMINISTRATIVE OFFICER/VP · 1 hrs/week $33,372Base · Other $33,372

MASHEIKA LEWISASSIST. SECRETARY/DIR. OF OPERATIONS $25,655Base · Other $25,655

ARON KURLANDERDIR. OF BUSINESS SERVICE · 5 hrs/week $16,151Base · Other $16,151

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (36)

JUSTIN K RODGERSPRESIDENT & CEO

TODD S BENENSONASSISTANT TREASURER/CFO

PATRICIA ROBINSONCHIEF ADMINISTRATIVE OFFICER/VP

MASHEIKA LEWISASSIST. SECRETARY/DIR. OF OPERATIONS

ARON KURLANDERDIR. OF BUSINESS SERVICE

WANDA JACKSONDIRECTOR

RICHARD T ANDERSONDIRECTOR

RICHARD DZWLEWICZDIRECTOR

REV PATRICK H OCONNORDIRECTOR

REV DR CALVIN RICEDIRECTOR

REGINALD M RASCHDIRECTOR

REBECCA DEUTSCHERDIRECTOR

PHILIPPA KARTERONDIRECTOR

PETER KULKADIRECTOR

WILLIAM LYNCHDIRECTOR

OSAZE ROMANYDIRECTOR

YAROJIN ROBINSONDIRECTOR

MICHELLE STODDARTVICE CHAIR

YESENIA GRAHAMDIRECTOR

GEORGE GUILLAUMEDIRECTOR

CALVIN LAWRENCE JRSECRETARY

CEDRIC DEWDIRECTOR

DANIEL A GREENEDIRECTOR

DAVID COTTONDIRECTOR

DREW SPITLERDIRECTOR

ELLIOT G SANDERVICE CHAIR

ERIC BLUESTONEDIRECTOR

FRANK DIMOLADIRECTOR

MEREDITH MARSHALL - THRU 0524DIRECTOR

GREG POLISDIRECTOR

HAROLD FLAKEDIRECTOR

HOWARD GRAFDIRECTOR

ICEMA D GIBBSDIRECTOR

JEFFREY S TERRYTREASURER

JUDY TUCKERDIRECTOR

LAMONT R BAILEYCHAIR

About this charity

Recognized since: January 1985
Location: 90-04 161ST STREET 704, JAMAICA, NY 11432-6141
County: Queens
In care of: TODD S BENENSON
Primary officer: TODD S BENENSON, ASSIST. TREASURER/CFO

How to reach them

WebsiteVisit the charity’s website Emailinfo@gjdc.org Phone(718) 291-0282

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ARMANINO ADVISORY LLC
NTEE classification: Community Improvement & Capacity Building (S31Z)
IRS tax category: Civic and Social Organizations