Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $366,718

• 1f · All other contributions, gifts and grants

  $544,005

• 2a · Program service revenue: PARKING OPERATIONS

  total $4,430,426 · related or exempt $4,430,426

• 2b · Program service revenue: RENTAL INCOME

  total $1,324,619 · related or exempt $1,324,619

• 2c · Program service revenue: GOVERNMENT CONTRACTS

  total $854,203 · related or exempt $854,203

• 2d · Program service revenue: INTEREST ON LOANS

  total $127,975 · related or exempt $127,975

• 2e · Program service revenue: MANAGEMENT FEES

  total $95,394 · related or exempt $95,394

• 3 · Investment income

  total $179,437 · excluded $179,437

• 7a · Gross sales of assets other than inventory

  securities $3,221,073

• 7b · Less cost or other basis and sales expenses

  securities $3,619,490

• 7c · Gain or loss

  securities -$398,417

• 7d · Net gain or loss

  total -$398,417 · excluded -$398,417

• 8a · Fundraising events: gross income

  $34,155

• 8a · Fundraising events: contributions included on line 1c

  $366,718

• 8b · Fundraising events: direct expenses

  $81,871

• 8c · Net income from fundraising events

  total -$47,716 · excluded -$47,716

• 11a · Other revenue: FDA QUEENS LP

  total $101,567 · related or exempt $101,567

• 11b · Other revenue: MISCELLANEOUS REVENUE

  total $23,762 · related or exempt $23,762

• 11e · Other revenue, total

  $125,329

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $95,750 · program services $95,750

• 5 · Compensation of officers, directors and key employees

  total $819,615 · program services $116,273 · management and general $633,862 · fundraising $69,480

• 7 · Other salaries and wages

  total $1,629,357 · program services $938,758 · management and general $560,190 · fundraising $130,409

• 8 · Pension plan contributions

  total $142,863 · program services $84,608 · management and general $47,494 · fundraising $10,761

• 9 · Other employee benefits

  total $163,348 · program services $83,650 · management and general $65,527 · fundraising $14,171

• 10 · Payroll taxes

  total $200,557 · program services $88,853 · management and general $95,031 · fundraising $16,673

• 11b · Fees: legal

  total $26,980 · program services $7,336 · management and general $19,644

• 11c · Fees: accounting

  total $97,634 · management and general $97,634

• 11f · Fees: investment management

  total $41,517 · management and general $41,517

• 11g · Fees: other

  total $290,683 · program services $70,588 · management and general $220,095

• 12 · Advertising and promotion

  total $11,378 · program services $1,949 · management and general $9,429

• 13 · Office expenses

  total $211,591 · program services $49,759 · management and general $161,424 · fundraising $408

• 14 · Information technology

  total $58,236 · program services $16,161 · management and general $41,897 · fundraising $178

• 16 · Occupancy

  total $2,020,811 · program services $1,893,002 · management and general $127,809

• 17 · Travel

  total $24,415 · program services $19,578 · management and general $2,906 · fundraising $1,931

• 19 · Conferences, conventions and meetings

  total $64,480 · program services $36,475 · management and general $27,976 · fundraising $29

• 20 · Interest

  total $473,583 · program services $338,341 · management and general $135,242

• 22 · Depreciation, depletion and amortization

  total $765,624 · program services $727,177 · management and general $38,447

• 23 · Insurance

  total $669,206 · program services $643,825 · management and general $25,381

• 24a · Other expenses: COST OF PARKING OPS

  total $1,439,368 · program services $1,439,368

• 24b · Other expenses: SECURITY SERVICES

  total $221,642 · program services $221,378 · management and general $264

• 24c · Other expenses: PROGRAM EVENTS

  total $147,336 · program services $144,266 · management and general $579 · fundraising $2,491

• 24d · Other expenses: BAD DEBT EXPENSE

  total $142,567 · program services $129,175 · management and general $2,392 · fundraising $11,000

• 24e · All other expenses

  total $64,693 · program services $27,968 · management and general $5,363 · fundraising $31,362

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,804,247 · end of year $4,098,775

• 2 · Savings and temporary cash investments

  beginning of year $103,588 · end of year $64,304

• 3 · Pledges and grants receivable

  beginning of year $160,147 · end of year $159,939

• 4 · Accounts receivable

  beginning of year $1,306,941 · end of year $1,314,583

• 7 · Other notes and loans receivable

  beginning of year $9,267,500 · end of year $9,267,500

• 9 · Prepaid expenses and deferred charges

  beginning of year $699,833 · end of year $779,208

• 10a · Land, buildings and equipment: cost or other basis

  $28,828,628

• 10b · Land, buildings and equipment: accumulated depreciation

  $15,389,980

• 10c · Land, buildings and equipment, net

  beginning of year $13,708,883 · end of year $13,438,648

• 11 · Investments: publicly traded securities

  beginning of year $7,283,187 · end of year $5,932,890

• 15 · Other assets

  beginning of year $4,082,348 · end of year $3,695,220

• 17 · Accounts payable and accrued expenses

  beginning of year $1,807,575 · end of year $1,719,166

• 20 · Tax-exempt bond liabilities

  beginning of year $5,716,498 · end of year $5,401,341

• 23 · Secured mortgages and notes payable

  beginning of year $1,917,053 · end of year $1,806,059

• 24 · Unsecured notes and loans payable

  beginning of year $5,815,000 · end of year $4,535,000

• 25 · Other liabilities

  beginning of year $1,200,909 · end of year $1,711,453

• 27 · Net assets without donor restrictions

  beginning of year $26,859,639 · end of year $23,578,048

• 28 · Net assets with donor restrictions

  beginning of year $100,000 · end of year $0

The filer's explanations (Part III)

PART II, COLUMN B III:

FOR JUSTIN RODGERS THE AMOUNT IN THIS COLUMN INCLUDES CONTRIBUTIONS TO 457(B) RETIREMENT PLAN.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• 93-43 SUTPHIN LLC

  INACTIVE · NY

  Directly controlled by GREATER JAMAICA DEVELOPMENT CORPORATION

• JAMAICA FIRST PARKING LLC

  PUBLIC PKG FACILITIES · DE

  Directly controlled by GREATER JAMAICA DEVELOPMENT CORPORATION

• SUTPHIN UNDERPASS LLC

  INACTIVE · NY

  Directly controlled by GREATER JAMAICA DEVELOPMENT CORPORATION

• GJDC REALTY LLC

  MAINTAIN A COWORKING FACILITY · NY

  Directly controlled by GREATER JAMAICA DEVELOPMENT CORPORATION

• GJDC REALTY 2 LLC

  INACTIVE · NY

  Directly controlled by GREATER JAMAICA DEVELOPMENT CORPORATION

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• SUTPHIN RETAIL ONE LLC

  REAL ESTATE · NY

• SUTPHIN RETAIL TWO LLC

  REAL ESTATE · NY