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Greater Jamaica Local Development Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112563026 ✦ Jamaica, NY ✦ Designated as a 501(c)(3)

Overview

What is Greater Jamaica Local Development Company Inc?

Greater Jamaica Local Development Company Inc is a nonprofit organization situated in Queens County, New York, specifically catering to the 114xx and 116xx zip codes within the area or Queens itself. Their primary mission is to extend loans to commercially viable prospects who have struggled to secure financing from conventional lenders. They frequently collaborate with other financial institutions to finance projects that exceed their individual capacities. This company plays a crucial role in bridging the financing gap in the local business community within Queens County, New York.


Official website here: www.gjdc.org

Is Greater Jamaica Local Development Company Inc legitimate?

Greater Jamaica Local Development Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Jamaica Local Development Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,575

For more financial information, click here


Official website here: www.gjdc.org

What is the mission statement of Greater Jamaica Local Development Company Inc?

The Greater Jamaica Local Development Company Inc's mission is centered around providing financial aid to eligible commercial ventures that have struggled to secure funding from conventional lenders. The company often collaborates with other financial institutions to finance projects beyond their individual capabilities. Their primary focus is on supporting businesses in Queens County, New York, specifically the areas with the zip codes 114xx and 116xx, or simply within Queens itself. The company's objective is to extend financial assistance to those in need, thereby contributing to the growth and development of the local commercial sector.


Official website here: www.gjdc.org

Who is the CEO of Greater Jamaica Local Development Company Inc?

Justin Rodgers is the President & Ceo of Greater Jamaica Local Development Company Inc. The CEO's salary of Greater Jamaica Local Development Company Inc is $0 and their total compensation is $347,401.


Official website here: www.gjdc.org

What is the revenue of Greater Jamaica Local Development Company Inc?

Greater Jamaica Local Development Company Inc's revenue in 2022 was $1,407,045.


Official website here: www.gjdc.org

Who are the executives of Greater Jamaica Local Development Company Inc and what are their salaries?

Here are 41 key members and their salaries (Greater Jamaica Local Development Company Inc's CEO's salary is $0 and their total compensation is $347,401):

    Justin Rodgers (President & Ceo)
  • Compensation: $0
  • Related: $296,045
  • Other: $51,356

    • Todd S Benenson (Assistant Treasurer/Cfo)
  • Compensation: $0
  • Related: $174,720
  • Other: $36,498

    • Patricia Robinson (Chief Administrative Officer)
  • Compensation: $0
  • Related: $141,992
  • Other: $9,892

    • Blondel Pinnock (Chief Of Staff (Outgoing))
  • Compensation: $0
  • Related: $75,428
  • Other: $18,157

    • Caroline Forbes (Assistant Secretary (Outgoing))
  • Compensation: $0
  • Related: $14,176
  • Other: $1,350

    • Arthur Benjamin Jr (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calvin Lawrence Jr (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cedric Dew (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Greene (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Cotton (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Berenecea Johnson Eanes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Spitler (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elliot G Sander (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Bluestone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Kashanian (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Dimola (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Grasso (Board Member Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Polis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Graf (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Icema D Gibbs (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James H Simmons (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan White (Board Member (Outgoing)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Tucker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lamont R Bailey (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melva Miller (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meredith Marshall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle Stoddart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Kulka (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Philippa L Karteron (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Gilbert Solomon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rebecca Deutscher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reginald M Rasch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Calvin Rice (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Floyd H Flake (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reverend Patrick H O'Connor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Dzwlewicz (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard T Anderson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wanda Jackson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Lynch (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yarojin Robinson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yesenia Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gjdc.org

    Where can I find the form 990 for Greater Jamaica Local Development Company Inc?

    The Greater Jamaica Local Development Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gjdc.org

    Learn more at the official website: www.gjdc.org

    Mission Statement of Greater Jamaica Local Development Company Inc

    Greater Jamaica Local Development Company, a nonprofit organization, is dedicated to providing financial assistance to commercial prospects who have been unsuccessful in securing funding from conventional lenders. Typically, the organization collaborates with other financial institutions to finance projects that exceed their individual capabilities. The company's focus is on qualified businesses located within Queens County, New York, specifically in the 114xx and 116xx zip codes, or within Queens itself. By offering loans, Greater Jamaica Local Development Company aims to bridge the financing gap for businesses that might otherwise struggle to grow or operate effectively. The organization's mission is to contribute to the economic development and vitality of the local community by providing much-needed financial support to qualified commercial prospects.

    Impact

    This information is meant to be a general summary of Greater Jamaica Local Development Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Greater Jamaica Local Development Company Inc has a significant impact on the economic development and community improvement in Queens County, New York. By offering loans to qualified commercial prospects who have struggled to obtain financing from traditional lenders, the organization plays a vital role in supporting local businesses and entrepreneurs. Their participation in financing projects that exceed the capabilities of other lending institutions further showcases their commitment to fostering growth and development in the region. With a focus on the 114xx and 116xx zip codes within Queens County, Greater Jamaica Local Development Company Inc directly contributes to the economic vitality and success of the local community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $959,897
  • Gross Receipts: $1,407,045

    • Assets and Liabilities:
  • Total Assets: $4,516,114
  • Total Liabilities: $256,230
  • Net Assets: $4,259,884
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    GOV'T CONTRACT REVENUE

    Revenue

    $891,957

    INTEREST ON LOANS

    Revenue

    $67,940

    Organization Details

    Founding Year

    1979

    Principal Officer

    Justin Rodgers

    Main Address

    90-04 161ST STREET 704, JAMAICA, NY, 11432

    NTEE Category

    Code: S31Z - Community improvement

    If you are a representative of Greater Jamaica Local Development Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.