Skip to content
Nonprofiteer
← JUDSON TERRACE LODGE

Form 990 for tax year 2024

Filed by JUDSON TERRACE LODGE.

Totals

Total revenue
$600,660
Total expenses
$672,241
Contributions and grants received
$430,569
Grants paid
$0
Program service revenue
$160,877
Investment income
$2,682
Other revenue
$6,532
Total assets, end of year
$2,611,222
Total liabilities, end of year
$3,980,127
Net assets or fund balances, end of year
-$1,368,905
Program services expenses (Part IX)
$486,363
Management and general expenses
$185,878
Fundraising expenses
$0
Program service expenses (Part III)
$486,363

Program services were 72.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $430,569

  • 2a · Program service revenue: RENTAL INCOME

    total $160,877 · related or exempt $160,877

  • 3 · Investment income

    total $2,682 · excluded $2,682

  • 11a · Other revenue: LAUNDRY & VENDING

    total $3,406 · excluded $3,406

  • 11b · Other revenue: TENANT CHARGES

    total $2,930 · excluded $2,930

  • 11c · Other revenue: OTHER REVENUE-MISC.

    total $196 · excluded $196

  • 11e · Other revenue, total

    $6,532

Functional expenses

Part IX, the statement of functional expenses.

  • 11a · Fees: management

    total $57,129 · management and general $57,129

  • 11b · Fees: legal

    total $5,083 · management and general $5,083

  • 11c · Fees: accounting

    total $10,120 · management and general $10,120

  • 13 · Office expenses

    total $106,849 · management and general $106,849

  • 16 · Occupancy

    total $150,801 · program services $147,785 · management and general $3,016

  • 17 · Travel

    total $3,613 · management and general $3,613

  • 19 · Conferences, conventions and meetings

    total $68 · management and general $68

  • 22 · Depreciation, depletion and amortization

    total $143,573 · program services $143,573

  • 24a · Other expenses: MANAGEMENT COMPANY EMPL

    total $142,859 · program services $142,859

  • 24b · Other expenses: SERVICE COORDINATOR

    total $30,642 · program services $30,642

  • 24c · Other expenses: ADMINISTRATIVE RENT FRE

    total $18,792 · program services $18,792

  • 24d · Other expenses: BAD DEBTS

    total $2,586 · program services $2,586

  • 24e · All other expenses

    total $126 · program services $126

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $23,627 · end of year $20,131

  • 4 · Accounts receivable

    beginning of year $20 · end of year $0

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

    $4,889,787

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

    $2,507,868

  • 10c · Land, buildings and equipment, net

    beginning of year $2,495,223 · end of year $2,381,919

  • 12 · Investments: other securities

    beginning of year $158,426 · end of year $192,873

  • 15 · Other assets

    beginning of year $18,585 · end of year $16,299

  • 17 · Accounts payable and accrued expenses

    beginning of year $65,875 · end of year $54,724

  • 19 · Deferred revenue

    beginning of year $1,313 · end of year $336

  • 23 · Secured mortgages and notes payable

    beginning of year $3,910,900 · end of year $3,910,900

  • 25 · Other liabilities

    beginning of year $15,117 · end of year $14,167

  • 27 · Net assets without donor restrictions

    beginning of year -$1,297,324 · end of year -$1,368,905

Mission and programs · 2024

Mission

AT HUMANGOOD WE BELIEVE EVERYONE SHOULD HAVE THE OPPORTUNITY TO LIVE WITH ENTHUSIASM, CONFIDENCE, AND SECURITY, REGARDLESS OF PHYSICAL, SOCIAL, OR ECONOMIC CIRCUMSTRANCES. AND WHEN WE SAY EVERYONE, WE MEAN EVERYONE - INCLUDING YOU.

  • JUDSON TERRACE LODGE INC PROVIDES LOW INCOME RETIREMENT HOUSING. THE CORPORATION PROVIDES HOUSING IN ASSOCIATION WITH THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.

    Expenses $486,363 · Revenue $160,877

As filed on the 2024 return.

Listed in Part VII

  • Randall Stamper

    CHAIR

    Total calculated
    $73,000
    From this org
    $0
    From related orgs
    $73,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • Albert Kelley

    VICE CHAIR

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • H Declan Brown

    SECRETARY

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • Judith Baker

    BOARD MEMBER

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • Rev Michelle Holmes

    BOARD MEMBER

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • William Batison

    BOARD MEMBER

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • Alan Griffith

    BOARD MEMBER

    Total calculated
    $63,000
    From this org
    $0
    From related orgs
    $63,000
    Other
    $0
    Hours/week
    0.1 + 39.9 related

  • John H Cochrane III

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $1,566,593
    From this org
    $0
    From related orgs
    $1,273,854
    Other
    $292,739
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $721,088 related
    Bonus
    $0 + $518,700 related
    Other
    $0 + $34,066 related
    Deferred
    $0 + $263,800 related
    Nontaxable benefits
    $0 + $28,939 related
    Filer's total
    $0 + $1,566,593 related

  • Daniel Ogus

    CHIEF OPERATING OFFICER

    Total calculated
    $1,147,903
    From this org
    $0
    From related orgs
    $963,841
    Other
    $184,062
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $563,190 related
    Bonus
    $0 + $371,280 related
    Other
    $0 + $29,371 related
    Deferred
    $0 + $163,800 related
    Nontaxable benefits
    $0 + $20,262 related
    Filer's total
    $0 + $1,147,903 related

  • Andrew McDonald

    CHIEF FINANCIAL OFFICER

    Total calculated
    $758,654
    From this org
    $0
    From related orgs
    $674,064
    Other
    $84,590
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $441,536 related
    Bonus
    $0 + $226,590 related
    Other
    $0 + $5,938 related
    Deferred
    $0 + $55,177 related
    Nontaxable benefits
    $0 + $29,413 related
    Filer's total
    $0 + $758,654 related

  • Bethany Ghassemi

    CHIEF LEGAL OFFICER

    Total calculated
    $659,066
    From this org
    $0
    From related orgs
    $587,562
    Other
    $71,504
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $374,729 related
    Bonus
    $0 + $193,830 related
    Other
    $0 + $19,003 related
    Deferred
    $0 + $64,384 related
    Nontaxable benefits
    $0 + $7,120 related
    Filer's total
    $0 + $659,066 related

  • Nick Lindberg

    CHIEF INFORMATION OFFICE

    Total calculated
    $417,053
    From this org
    $0
    From related orgs
    $413,070
    Other
    $3,983
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $286,828 related
    Bonus
    $0 + $116,424 related
    Other
    $0 + $9,818 related
    Deferred
    $0 + $892 related
    Nontaxable benefits
    $0 + $3,091 related
    Filer's total
    $0 + $417,053 related

  • James Park

    SVP CORPORATE COMMUNICATION

    Total calculated
    $305,685
    From this org
    $0
    From related orgs
    $271,164
    Other
    $34,521
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $195,222 related
    Bonus
    $0 + $73,427 related
    Other
    $0 + $2,515 related
    Deferred
    $0 + $12,298 related
    Nontaxable benefits
    $0 + $22,223 related
    Filer's total
    $0 + $305,685 related

  • Anika Hartounian

    VP OF FINANCE

    Total calculated
    $430,662
    From this org
    $0
    From related orgs
    $385,639
    Other
    $45,023
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $261,583 related
    Bonus
    $0 + $122,687 related
    Other
    $0 + $1,369 related
    Deferred
    $0 + $13,066 related
    Nontaxable benefits
    $0 + $31,957 related
    Filer's total
    $0 + $430,662 related

  • Cynthia Salgado

    VP CORPORATE COMPLIANCE

    Total calculated
    $287,341
    From this org
    $0
    From related orgs
    $271,954
    Other
    $15,387
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $188,140 related
    Bonus
    $0 + $82,154 related
    Other
    $0 + $1,660 related
    Deferred
    $0 + $12,549 related
    Nontaxable benefits
    $0 + $2,838 related
    Filer's total
    $0 + $287,341 related

  • Jennifer Kappen

    SVP - AFFORDABLE HOUSING

    Total calculated
    $451,118
    From this org
    $0
    From related orgs
    $402,820
    Other
    $48,298
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $290,412 related
    Bonus
    $0 + $110,405 related
    Other
    $0 + $2,003 related
    Deferred
    $0 + $14,188 related
    Nontaxable benefits
    $0 + $34,110 related
    Filer's total
    $0 + $451,118 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
SELECT KEY EXECUTIVES ARE ALLOWED TO PARTICIPATE IN AN IRC 457(F) PLAN, WHEREBY (SUBJECT TO PLAN AMENDMENT) THE PLAN WILL FUND REGULAR CONTRIBUTIONS AND EARN A RETURN EQUAL TO THE CONSUMER PRICE INDEX RATE PLUS 2.5 PERCENT WITH A CAP OF 6.0 PERCENT. IN ACCORDANCE WITH IRS REQUIREMENTS, WHILE THERE IS A RISK OF FORFEITURE, THE CURRENT YEAR'S UNVESTED CONTRIBUTION TO THE 457F PLAN IS REPORTED IN PART II, COLUMN C.
PART I, LINE 7
INCENTIVE COMPENSATION: EXECUTIVE DIRECTORS, REGIONAL MANAGERS AND SENIOR MANAGEMENT ARE ELIGIBLE FOR INCENTIVE COMPENSATION. IN THE CALENDAR YEAR PRECEDING THE INCENTIVE COMPENSATION, GOALS ARE SET FOR EACH INDIVIDUAL THAT ALIGN WITH THE STRATEGIC AND OPERATIONAL OBJECTIVES OF THE ORGANIZATION. THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD. BEFORE ANY PAYMENT IS MADE, THE INCENTIVE COMPENSATION POOL MUST BE FUNDED BY (A) EXCEEDING BUDGETED NET CASH PRODUCTION ARISING FROM THE SUM OF OPERATIONAL PERFORMANCE AND NET TURNOVER ENTRANCE FEES, SUBJECT TO A CAP; AND (B) MEETING OR EXCEEDING BUDGETED OPERATING MARGIN BY A PREDETERMINED AMOUNT. IF THE INCENTIVE POOL IS PARTIALLY FUNDED, THE PARTIAL PERCENTAGE IS APPLIED TO THE POTENTIAL PAYMENT FOR EACH TEAM MEMBER'S ATTAINED GOALS. THE ATTAINMENT OF THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD PRIOR TO PAYMENT. FOR OTHER TEAM MEMBERS, THE ATTAINMENT OF EACH INCENTIVE GOAL IS ASSESSED BY THE INCENTIVE-ELIGIBLE TEAM MEMBER'S SUPERVISOR AND ULTIMATELY REVIEWED BY THE CEO PRIOR TO PAYMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

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

  • 333 MONTEREY ROAD LP

    LOW-INCOME SENIOR HOUSING · CA

  • ANDRES DUARTE TERRACE II LP

    LOW-INCOME SENIOR HOUSING · CA

  • APS VENICE LP

    LOW-INCOME SENIOR HOUSING · CA

  • BAY VISTA PARTNERS LLLP

    AFFORDABLE HOUSING · WA

  • BENSALEM SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • CANTERBURY VILLAGE LP

    LOW-INCOME SENIOR HOUSING · CA

  • CANTRELL PLACE LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • CASA DE LA PALOMA LLC

    LOW-INCOME SENIOR HOUSING · CA

  • CASA DE LA PALOMA LP

    LOW-INCOME SENIOR HOUSING · CA

  • CASTLE ARGYLE LP

    LOW-INCOME SENIOR HOUSING · CA

  • CLARK TERRACE LP

    LOW-INCOME SENIOR HOUSING · CA

  • COVENANT MANOR LLC

    LOW-INCOME SENIOR HOUSING · CA

  • COVENANT MANOR LP

    LOW-INCOME SENIOR HOUSING · CA

  • ETHIOPIAN VILLAGE GP LLC

    LOW-INCOME SENIOR HOUSING · CA

  • ETHIOPIAN VILLAGE LLLP

    LOW-INCOME SENIOR HOUSING · CA

  • FD HAYNES APARTMENTS GP LLC

    LOW-INCOME SENIOR HOUSING · CA

  • FD HAYNES APARTMENTS LP

    LOW-INCOME SENIOR HOUSING · CA

  • FILIPINO COMMUNITY VILLAGE LLLP

    LOW-INCOME SENIOR HOUSING · CA

  • HARBOR VIEW MANOR GP LLC

    AFFORDABLE HOUSING · CA

  • HARBOR VIEW MANOR LLLP

    AFFORDABLE HOUSING · WA

  • JANNEY STREET APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • JUDSON TERRACE HOMES SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • MAKEMIE COURT LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • MAPLE HOUSE LLC

    LOW-INCOME SENIOR HOUSING · PA

  • MAPLE VILLAGE APARTMENTS LP

    LOW-INCOME SENIOR HOUSING · PA

  • MARY FIELD SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • MILLER AVENUE SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • MONTGOMERY HOUSING LLLP

    AFFORDABLE HOUSING · WA

  • MORGAN HILL SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · CA

  • MT RUBIDOUX MANOR LLC

    AFFORDABLE HOUSING · CA

  • MT RUBIDOUX MANOR LP

    AFFORDABLE HOUSING · CA

  • NORTHAVEN THREE MANAGER LLC

    LOW-INCOME SENIOR HOUSING · CA

  • NORTHAVEN THREE NORTHGATE LIMITED PARTNERSHIP

    LOW-INCOME SENIOR HOUSING · CA

  • OLIVE PLAZA SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · OR

  • PACIFIC MEADOWS SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • PALMER HOUSE LP

    LOW-INCOME SENIOR HOUSING · CA

  • PARK PASEO LP

    LOW-INCOME SENIOR HOUSING · CA

  • PHV HEALTHCARE FUND I LP

    INVESTMENT · CA

  • RIVERSIDE SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • ROTARY GARDENS LP

    AFFORDABLE HOUSING · CA

  • ROTARY GARDENS LLC

    AFFORDABLE HOUSING · CA

  • ROTARY MILLER AVENUE LLC

    AFFORDABLE HOUSING · CA

  • ROTARY PLAZA ASSOCIATES LLC

    AFFORDABLE HOUSING · CA

  • ROTARY PLAZA LP

    AFFORDABLE HOUSING · CA

  • ROYAL VISTA TERRACE APTS LLC

    LOW-INCOME SENIOR HOUSING · CA

  • ROYAL VISTA TERRACE APTS LP

    LOW-INCOME SENIOR HOUSING · CA

  • SUN TOWER PARTNERS LLLP

    AFFORDABLE HOUSING · CA

  • SUNNYVALE LIFE LLC

    AFFORDABLE HOUSING · CA

  • SUNNYVALE LIFE LP

    AFFORDABLE HOUSING · CA

  • SYCAMORE TERRACE UPLAND LP

    LOW-INCOME SENIOR HOUSING · CA

  • TAHOE SENIOR HOUSING II LP

    AFFORDABLE HOUSING · CA

  • THREE RIVERS SENIOR HOUSING LLLP

    AFFORDABLE HOUSING · WA

  • TOWER PARK LLC

    AFFORDABLE HOUSING · CA

  • TOWER PARK LP

    AFFORDABLE HOUSING · CA

  • VALLEY VISTA SENIOR HOUSING LP

    AFFORDABLE HOUSING · CA

  • VISTA SENIOR HOUSING LP

    LOW-INCOME SENIOR HOUSING · CA

  • WESTMINSTER COURT LP

    LOW-INCOME SENIOR HOUSING · CA

  • WITHERSPOON SENIOR APARTMENTS LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WYNNEFIELD PLACE LP

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WYNNEFIELD SENIOR HOUSING LLC

    LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • CANTRELL HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • FILIPINO COMMUNITY VILLAGE GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • HUMANGOOD PROPERTIES

    C · PROPERTY HOLDING COMPANY · CA

  • JANNEY HOUSING LLC

    C · AFFORDABLE HOUSING · PA

  • JUDSON TERRACE HOMES GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • MAKEMIE HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • OLIVE PLAZA SENIOR HOUSING GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · OR

  • PACIFIC MEADOWS SENIOR LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • PENINSULA COMM HOUSING DEVELOPMENT CORP

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • PRESBY HOMES DEVELOPMENT CORP

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • PRESBY RIVERSIDE HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • PRESBYHOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • SUN TOWER GP LLC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · CA

  • WITHERSPOON HOUSING INC

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

  • WYNNEFIELD HOUSING CORPORATION

    C · LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED · PA

Provenance

Return type
form_990
Tax year
2024
Filed
28 July 2026
IRS schema version
2024v5.5
Source object
202612129349300221

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.