2022-11-09T15:26:29-06:00 2020-12-31 460475780 GROSSMAN ST AMOUR CPAS PLLC 110 WEST FAYETTE STREET SUITE 900 SYRACUSE NY 13202 990 2020-01-01 161330593 JUBILEE HOMES OF SYRACUSE INC JUBI 3154280070 119 SOUTH AVENUE SYRACUSE NY 132044021 WALTER DIXIE EXECUTIVE DIRECTOR 3154280070 2022-11-07 1 WALTER DIXIE XXX-XX-XXXX LINDA GABOR CPA P00964862 3154241120 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X WALTER DIXIE 119 SOUTH AVENUE SYRACUSE NY 132044021 621077 0 X WWW.JUBILEE-HOMES.ORG X 1986 NY THE PURPOSE OF THE ORGANIZATION IS TO IMPROVE THE STANDARD OF LIVING AND PROPERTY VALUES WITHIN THE SOUTHWEST AREA OF THE CITY OF SYRACUSE THROUGH CONSTRUCTION, RENTING OR LEASING HOMES AND PROVIDING TECHNICAL ASSISTANCE TO POTENTIAL HOMEOWNERS. 10 10 18 35 0 0 650590 550695 67803 67392 -68884 2829 28294 161 677803 621077 0 0 0 0 424545 395298 0 0 0 188706 188818 613251 584116 64552 36961 916159 951707 296141 294728 620018 656979 X OUR MISSION AT JUBILEE HOMES OF SYRACUSE, INC. IS TO SERVE AS THE CATALYST FOR ACHIEVING THE LONG-TERM REVITALIZATION OF THE SOUTHWEST SIDE OF THE CITY OF SYRACUSE. THIS INVOLVES A WORKFORCE DEVELOPMENT PROGRAM THAT FOCUSES ON REMOVING BARRIERS FOR INDIVIDUALS THAT PREVENT THEM FROM FINDING AND OBTAINING EMPLOYMENT. THE PROGRAM WILL ASSIST CLIENTS WITH CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, JOB READINESS SKILL CREDENTIALS, SOFT SKILL DEVELOPMENT, PREPARATION FOR CONSTRUCTION & OCCUPATIONAL JOB TRAINING/CERTIFICATIONS & ASSISTANCE WITH CONTINUING EDUCATION. THE ORGANIZATION ALSO CONTINUES TO PROVIDE HOME OWNERSHIP AND RENTAL OPPORTUNITIES FOR LOW & MODERATE INCOME INDIVIDUALS. 0 0 475909 70382 WORKFORCE DEVELOPMENT - A PROGRAM THAT FOCUSES ON REMOVING BARRIERS FOR INDIVIDUALS THAT PREVENT THEM FROM FINDING AND OBTAINING EMPLOYMENT. THE PROGRAM WILL ASSIST CLIENTS WITH CASE MANAGEMENT, EMPLOYMENT ASSISTANCE, JOB READINESS SKILL CREDENTIALS, SOFT SKILL DEVELOPMENT, PREPARATION FOR CONSTRUCTION & OCCUPATIONAL JOB TRAINING/CERTIFICATIONS & ASSISTANCE WITH CONTINUING EDUCATION. CONSTRUCTION ACTIVITIES - JUBILEE HOMES OF SYRACUSE, INC IS INVOLVED IN THE CONSTRUCTION OF NEW HOMES AND BUSINESSES IN THE SOUTHWEST AREA OF THE CITY OF SYRACUSE TO CREATE COMMUNITY SUSTAINABILITY AND IMPROVE THE AESTHETIC NATURE OF THE NEIGHBORHOOD. 475909 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X DESAREE DIXIE 3154280070 119 SOUTH AVENUE SYRACUSE NY 132044021 TOM JOHNSON TREASURER 1.00 X X 0 0 0 LINDA ERVIN DIRECTOR 1.00 X 0 0 0 FATHER JAMES MATHEWS VICE PRESIDENT 1.00 X X 0 0 0 BARBARA DEVOISE PRESIDENT 1.00 X X 0 0 0 DAVID MICHEL SECRETARY 1.00 X X 0 0 0 HOLLIS MATHIS DIRECTOR 1.00 X 0 0 0 PAT ALLEN DIRECTOR 1.00 X 0 0 0 CYNTHIA JOHNSON-PATTERSON DIRECTOR 1.00 X 0 0 0 ELMORE DAVIS DIRECTOR 1.00 X 0 0 0 JOANNE ADEJ DIRECTOR 1.00 X 0 0 0 WALTER DIXIE EXECUTIVE DIRECTOR 35.00 X 86425 0 10214 86425 0 10214 0 0 0 0 0 30121 400860 119714 550695 RENTAL INCOME 531110 67392 67392 67392 2829 0 2829 2829 2829 MISCELLANEOUS 900099 161 161 161 621077 70382 0 0 96639 82143 14496 228817 194495 34322 46377 39420 6957 23465 19945 3520 12875 12875 2714 2714 1015 1015 21709 9474 12235 31001 27901 3100 2819 2537 282 5259 5259 48131 43318 4813 18691 16822 1869 TRAINING 19075 17167 1908 PROGRAM EXPENSES 9454 9454 BUILDING MAINTENANCE 7949 7154 795 TELEPHONE 5627 5064 563 2499 2499 584116 475909 108207 0 93840 33531 6937 120338 6037 1300 405 7055 1071711 282228 808940 789483 916159 951707 37444 23016 258697 251212 0 20500 296141 294728 X 572178 651758 47840 5221 620018 656979 916159 951707 36961 0 X X 1 X 0 1 0 X 539794 670134 578035 597283 550695 2935941 539794 670134 578035 597283 550695 2935941 2935941 28372 62292 69575 67803 67392 295434 3713 29 10544 28294 161 42741 3274116 114329 0.89670 0.90680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230126 230126 841585 282228 559357 789483 LINE OF CREDIT 20500 20500 X PART X, LINE 2: THE ORGANIZATION EVALUATES ALL SIGNIFICANT TAX POSITIONS AS REQUIRED BY ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. AS OF DECEMBER 31, 2020, THE ORGANIZATION DOES NOT BELIEVE THAT IT HAS TAKEN ANY TAX POSITIONS THAT WOULD REQUIRE THE RECORDING OF ANY ADDITIONAL TAX LIABILITY NOR DOES IT BELIEVE THAT THERE ARE ANY UNREALIZED TAX BENEFITS THAT WOULD EITHER INCREASE OR DECREASE WITHIN THE NEXT YEAR. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PERFORMED A DETAILED REVIEW OF THE FORM 990 AND PROVIDED A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DISCUSSES THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS WITH THE BOARD OF DIRECTORS AND STAFF AT VARIOUS MEETINGS HELD OVER THE COURSE OF THE YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS DETERMINES EXECUTIVE DIRECTOR'S SALARY ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C A COPY OF FORM 990 IS PROVIDED TO THE BOARD FOR APPROVAL PRIOR TO FILING. FORM 990, PART I 2020 990 IS BEING AMENDED DUE TO THE FINANCIALS NOT COMPLETED AT THE TIME OF THE ORIGINAL FILING. AS A RESULT THE FOLLOWING CHANGES WERE MADE TO THE ORIGINAL RETURN: PAGE 1, PART I: TOTAL CONTRIBUTIONS INCREASED BY $47,995, PROGRAM SERVICE REVENUE INCREASED BY $8,317 AND OTHER REVENUE DECREASED BY $554 - TOTAL REVENUE INCREASED BY $55,758. SALARIES AND EMPLOYEE BENEFITS INCREASED BY $29,147, OTHER EXPENSES INCREASED BY $18,479 AND TOTAL EXPENSES INCREASED BY $47,626. TOTAL ASSETS INCREASED BY $1,544, TOTAL LIABILITIES DECREASED BY $6,588 AND NET ASSETS INCREASED BY $8,132. PAGE 2 PART III LINE 4A: PROGRAM EXPENSES INCREASED BY $35,273 AND PROGRAM REVENUE INCREASED BY $7,763. PAGE 9 PART VIII: GOVERNMENT GRANTS INCREASED BY $35,682, ALL OTHER CONTRIBUTIONS INCREASED BY $12,313, RENTAL INCOME INCREASED BY $8,317 AND MISCELLANEOUS REVENUE DECREASED BY $554 PAGE 10 PART IX: OTHER SALARIES AND WAGES INCREASED BY $16,676, OTHER EMPLOYEE BENEFITS INCREASED BY $12,471, ACCOUNTING FEES INCREASED BY $1,450, OTHER FEES INCREASED BY $2,714, ADVERTISING INCREASED BY $60, OFFICE EXPENSE INCREASED BY $635, OCCUPANCY DECREASED BY $173, TRAVEL INCREASED BY $2,574, INTEREST INCREASED BY $670, DEPRECIATION INCREASED BY $155, TELEPHONE DECREASED BY $4, PROGRAM EXPENSES INCREASED BY $7,899 AND ALL OTHER EXPENSES INCREASED BY $2,499. TOTAL PROGRAM EXPENSES INCREASED BY $35,273 AND TOTAL MANAGEMENT AND GENERAL EXPENSES INCREASED BY $12,353. PAGE 11 PART X : CASH DECREASED BY $16,577, PLEDGES & GRANTS RECEIVABLE INCREASED BY $98,907, ACCOUNTS RECEIVABLE DECREASED BY $80,631, LAND, BUILDINGS & EQUIPMENT DECREASED BY $155, TOTAL ASSETS INCREASED BY $1,544, ACCOUNTS PAYABLE DECREASED BY $5,429, SECURED NOTES PAYABLE DECREASED BY $1,178, OTHER LIABILITIES INCREASED BY $19, TOTAL LIABILITIES DECREASED BY $6,588 AND NET ASSETS INCREASED BY $8,132. PAGE 12 PART XI: REVENUE INCREASED BY $55,758, EXPENSES INCREASED BY $47,626 AND NET ASSETS INCREASED BY $8,132. SCHEDULE A PAGE 3: CONTRIBUTIONS INCREASED BY $47,995 AND GROSS INCOME FROM RENTS REVENUE INCREASED BY $8,317 AND OTHER INCOME DECREASED BY $554. TOTAL SUPPORT INCREASED BY $55,758 AND PUBLIC SUPPORT % DECREASED BY .06%. SCHEDULE B PART I PAGE 2: CITY OF SYRACUSE CONTRIBUTIONS INCREASED BY $35,682 AND KEY BANK FOUNDATION CONTRIBUTIONS DECREASED BY $129. SCHEDULE D PART VI: LAND DECREASED BY $28,674, BUILDINGS INCREASED BY $28,674 AND ACCUMULATED DEPRECIATION INCREASED BY $155 TIME OF JUBILEE INC 119 SOUTH AVE SYRACUSE NY 13204 161194744 RENTAL NY 501(C)(3) 501(C) 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 TIME OF JUBILEE INC K 19923 MARKET RENTAL RATES