JEDCO DEVELOPMENT CORPORATION

As filed

Subsection

03

NTEE code

S30

Classification

1000

Street

700 CHURCH HILL PKWY

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

• FORWARD JEFFERSON CORPORATION

  EIN 20-0334197

Mission and programs · 2025

• CERTIFIED DEVELOPMENT COMPANIES (CDCS) ARE NON-PROFIT CORPORATIONS CERTIFIED AND REGULATED BY THE SMALL BUSINESS ADMINISTRATION TO PACKAGE, PROCESS, CLOSE, AND SERVICE 504 LOANS. THESE 504 LOANS ARE ISSUED THROUGH A PARTNERSHIP WITH CERTIFIED DEVELOPMENT COMPANIES (CDC) AND PRIVATE SECTOR, THIRD PARTY LENDERS. THERE ARE A SMALL NUMBER OF FOR-PROFIT CDCS THAT HAVE BEEN GRANDFATHERED INTO THE CURRENT 504 PROGRAM. THE PROVISIONS OF THIS SOP APPLY TO THE NON-PROFIT AND THE FOR-PROFIT CDCS IN ACCORDANCE WITH THE TERMS OF THE REGULATIONS. JEDCO DEVELOPMENT CORPORATION IS A CDC IN THE SBA 504 LOAN PROGRAM.BETWEEN 1990 AND 2025, JEDCO DEVELOPMENT CORPORATION HAS APPROVED OVER 208 SBA 504 LOANS AND FUNDED 110 SBA 504 LOANS.THE FINANCE DEPARTMENT IS CURRENTLY STAFFED BY 4 EMPLOYEES OF THE RELATED GOVERNMENTAL ENTITY, JEFFERSON PARISH ECONOMIC DEVELOPMENT & PORT DISTRICT. THE BUSINESS DEVELOPMENT OFFICER MEETS WITH APPLICANTS, GATHERS INFORMATION NECESSARY TO COMPLETE APPLICATIONS AND SUBMITS APPLICATIONS TO THE BOARD OF DIRECTORS OF JEDCO DEVELOPMENT CORPORATION FOR APPROVAL. THE FINANCING OPERATIONS MANAGER IS RESPONSIBLE FOR COORDINATING LOAN CLOSINGS WITH BORROWERS AND CLOSING ATTORNEYS AND SUBMITTING CLOSING DOCUMENTS TO SBA. THE LOAN SPECIALIST INPUTS THE LOAN INFORMATION INTO A SOFTWARE PROGRAM USED TO MONITOR LOAN REQUIREMENTS FOR THE LIFE OF THE LOAN, WHICH IS TYPICALLY 20 YEARS.OVER THE LIFE OF JEDCO'S SBA LOAN PROGRAM, 905 JOB OPPORTUNITIES HAVE BEEN CREATED AND 489 JOB OPPORTUNITIES HAVE BEEN RETAINED. SBA REQUIRES THAT A CDC MUST HAVE A JOB OPPORTUNITY AVERAGE OF 1 JOB FOR EVERY $90,000 OF DEBENTURE FUNDING OR $100,000 FOR PROJECTS LOCATED IN SPECIAL GEOGRAPHIC AREAS (ENTERPRISE COMMUNITIES, EMPOWERMENT ZONES, LABOR SURPLUS AREAS, AND OPPORTUNITY ZONES). JEDCO HAS CREATED/RETAINED 1 JOB FOR EVERY $47,987.84 OF SBA FUNDING.

  Expenses $343,268

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $350,448

  Expenses

  $343,268

  Contributions

  $0

  Grants paid

  $0

• 2024

  Revenue

  $235,046

  Expenses

  $227,263

  Contributions

  $0

  Grants paid

  $0

• 2023

  Revenue

  $149,703

  Expenses

  $147,659

  Contributions

  — not reported

  Grants paid

  — not reported

• 2022

  Revenue

  $128,522

  Expenses

  $134,713

  Contributions

  — not reported

  Grants paid

  — not reported

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990-EZ

  Revenue

  $172,809

  Expenses

  $168,905

  Assets (EOY)

  $186,121

• 2020 · 990-EZ

  Revenue

  $102,917

  Expenses

  $100,430

  Assets (EOY)

  $128,620

• 2019 · 990-EZ

  Revenue

  $170,777

  Expenses

  $169,710

  Assets (EOY)

  $81,508

• 2018 · 990-EZ

  Revenue

  $82,407

  Expenses

  $82,407

  Assets (EOY)

  $62,182

• 2017 · 990-EZ

  Revenue

  $61,841

  Expenses

  $61,841

  Assets (EOY)

  $25,573

• 2016 · 990-EZ

  Revenue

  $60,662

  Expenses

  $60,662

  Assets (EOY)

  $6,733

• 2015 · 990-EZ

  Revenue

  $59,330

  Expenses

  $59,330

  Assets (EOY)

  $4,001

• 2014 · 990-EZ

  Revenue

  $109,424

  Expenses

  $109,424

  Assets (EOY)

  $1,001

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• LOUISIANA CHILDRENS MEDICAL CENTER

  $25,000

  2024 · GENERAL OPERATING SUPPORT

Other IRS files