2021-11-10T14:25:08-06:00 2019-12-31 460475780 GROSSMAN ST AMOUR CPAS PLLC 110 WEST FAYETTE STREET SUITE 900 SYRACUSE NY 13202 990 2019-01-01 161330593 JUBILEE HOMES OF SYRACUSE INC JUBI 3154280070 119 SOUTH AVENUE SYRACUSE NY 132044021 WALTER DIXIE EXECUTIVE DIRECTOR 3154280070 2021-11-10 1 LINDA GABOR CPA P00964862 3154241120 2019 2022-09-23 18:48:47Z X WALTER DIXIE 119 SOUTH AVENUE SYRACUSE NY 132044021 858187 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 16 25 0 0 578035 650590 69575 67803 0 -68884 10544 28294 658154 677803 0 0 0 0 396028 424545 0 0 0 196911 188706 592939 613251 65215 64552 948346 916159 392880 296141 555466 620018 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 449129 96097 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. 67307 -68884 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. 516436 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 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 1 0 0 0 1 20 0 1 16 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 THOMAS AJOHNSON 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 86613 0 12614 86613 0 12614 0 0 0 0 0 53696 453086 143808 650590 RENTAL INCOME 531110 67803 67803 67803 111500 180384 -68884 -68884 -68884 MISCELLANEOUS 561439 28294 28294 28294 677803 27213 0 0 99227 84343 14884 236733 201223 35510 8522 7243 1279 55105 46840 8265 24958 21214 3744 453 453 5050 5050 3646 3646 22358 16443 5915 31763 28587 3176 9699 8729 970 8720 8720 46342 41708 4634 16829 15146 1683 PROGRAM EXPENSES 18527 18527 TRAINING 11120 10008 1112 BUILDING MAINTENANCE 8778 7900 878 TELEPHONE 5421 4879 542 613251 516436 96815 0 23565 93840 71084 6937 19546 6037 173 405 1043037 234097 782500 808940 51478 0 948346 916159 45345 37444 328123 258697 19412 392880 296141 X 507626 572178 47840 47840 555466 620018 948346 916159 64552 0 X X 0 1 X 1 0 X 391314 539794 670134 578035 650590 2829867 391314 539794 670134 578035 650590 2829867 2829867 15496 28372 62292 69575 67803 243538 3932 3713 29 10544 28294 46512 3119917 111500 0.90700 0.91230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 230126 230126 812911 234097 578814 808940 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, 2019, 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 - PAGE 1 - PART 1 2019 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 REVENUE DECREASED BY $58,012, TOTAL EXPENSES DECREASED BY $1,177, TOTAL ASSETS DECREASED BY $76,850, TOTAL LIABILITIES DECREASED BY $20,015 AND NET ASSETS DECREASED BY $56,835 PAGE 2 PART III: PROGRAM EXPENSES FOR WORKFORCE DEVELOPMENT INCREASED BY $1,687 AND PROGRAM REVENUE INCREASED FOR WORKFORCE DEVELOPMENT BY $1,107 DECREASED BY $79,319 FOR CONSTRUCTION ACTIVITIES. PAGE 9 PART VIII: CONTRIBUTIONS INCREASED BY $20,200, NET GAIN/LOSS FROM SALE OF ASSETS DECREASED $79,319 AND MISCELLANEOUS REVENUE INCREASED BY $1,107. PAGE 10 PART IX: OTHER SALARIES & WAGES DECREASED BY $6,113, OFFICE EXPENSE INCREASED BY $4,488, OCCUPANCY DECREASED BY $1,134, PROGRAM EXPENSES DECREASED BY $1,347, BUILDING MAINTENANCE INCREASED BY $2,900, TELEPHONE INCREASED BY $29. TOTAL PROGRAM EXPENSES INCREASED BY $1,687 AND MANAGEMENT & GENERAL EXPENSES DECREASED BY $2,864 PAGE 11 PART X : CASH INCREASED BY $30,474, FIXED ASSETS DECREASED BY $107,324, TOTAL ASSETS DECREASED BY $76,850, ACCOUNTS PAYABLE AND ACCRUED EXPENSES INCREASED BY $9,678, SECURED MORTGAGES DECREASED BY $29,693, TOTAL LIABILITIES DECREASED BY $20,015 AND NET ASSETS DECREASED BY $56,835. PAGE 12 PART XI: REVENUE DECREASED BY $58,012, EXPENSES DECREASED BY $1,177 AND NET ASSETS DECREASED BY $56,835 SCHEDULE A PAGE 3: CONTRIBUTIONS INCREASED BY $20,200 AND MISCELLANEOUS REVENUE INCREASED BY $1,107 SCHEDULE B: CITY OF SYRACUSE CONTRIBUTIONS INCREASED BY $11,523, NYS DEPT OF LABOR CONTRIBUTIONS INCREASED BY $15,497 AND KEY BANK FOUNDATION CONTRIBUTIONS DECREASED BY $10,871 SCHEDULE D, PART VI: BUILDINGS DECREASED BY $107,324 AND BOOK VALUE DECREASED BY $107,324 TIME OF JUBILEE INC 119 SOUTH AVE SYRACUSE NY 13204 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 19556 MARKET RENTAL RATES