Nonprofit · EIN 23-7090480
JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · PHILADELPHIA, PA 19130
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $441,413 | $604,396 | -$162,983 | $366,129 | $427,680 | -$61,551 |
| August 31, 2024 | 990 | $476,451 | $480,931 | -$4,480 | $414,954 | $331,818 | $83,136 |
| August 31, 2023 | 990 | $448,155 | $520,903 | -$72,748 | $389,430 | $301,814 | $87,616 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $439,173
- Investment income
- $2,240
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $145,652
- Salaries, compensation and benefits (total)
- $189,609
- Professional fundraising fees
- $0
- Legal fees
- $10,256
- Accounting fees
- $19,140
- Depreciation
- $42,020
- Program services (functional)
- $604,396
Balance sheet and other
- Total assets, start of year
- $414,954
- Total assets, end of year
- $366,129
- Total liabilities, end of year
- $427,680
- Net assets, end of year
- -$61,551
- Land, buildings and equipment
- $200,271
- Net assets without donor restrictions
- -$61,551
- Gross receipts
- $441,413
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1968
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG ALSTON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| FLOYD ALSTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUZANNE HODGES | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended August 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG ALSTON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| FLOYD ALSTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUZANNE HODGES | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended August 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CRAIG ALSTON | PRESIDENT Trustee or director, Officer | 1 | $0 |
| FLOYD ALSTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| SUZANNE HODGES | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 15194, PHILADELPHIA, PA 19130-0194
- Principal officer (990 for 2024)
- YOLANDA PRESSLEY, 1603 CECIL B MOORE AVENUE SUITE 200, PHILADELPHIA, PA 19121
- Signed the 990
- YOLANDA PRESSLEY, FINANCE AND ADMINISTRATION
- Phone
- (215) 236-0190
- Return prepared by
- RUOTOLO SPEWAK & CO
Mission
PROVIDE LOW INCOME HOUSING TO FAMILIES
Program accomplishments
- THE ORGANIZATION PROVIDES 40 APARTMENTS TO LOW-INCOME FAMILIES IN PHILADELPHIA, PA. THE REST IS CHARGED TO TENANTS AT SUBSTANTIALLY BELOW MARKET RENTS FOR SIMILAR HOUSING.Expenses $604,396 · revenue $439,173
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7090480
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30Z)
- Assets (IRS master file)
- $366,129
- Income (IRS master file)
- $441,413
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $441,413 | $604,396 | $366,129 | XML |
| 990 | August 2024 | $476,451 | $480,931 | $414,954 | XML |
| 990 | August 2023 | $448,155 | $520,903 | $389,430 | XML |
| 990 | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7090480).
Questions about JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION is 23-7090480.
- Is JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended August 31, 2025 names YOLANDA PRESSLEY.
- Who are the officers and directors of JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended August 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does JONES MEMORIAL COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $441,413, expenses of $604,396 and total assets of $366,129 at year end.
Other nonprofits in PHILADELPHIA
- REINVESTMENT FUND INC EIN 23-2331946 · last filed 990 for 2024
- PHILADELPHIA INDUSTRIAL DEVELOPMENT CORP EIN 23-6050858 · last filed 990 for 2024
- PIDC COMMUNITY CAPITAL EIN 23-2889102 · last filed 990 for 2024
- PHILADELPHIA CITY FUND INC EIN 23-2174863 · last filed 990 for 2025
- GREATER PHILADELPHIA TOURISM MARKETING CORPORATION EIN 23-2847538 · last filed 990 for 2025
- PENNSYLVANIA MICROENTERPRISE COALITION EIN 23-2920364 · last filed 990 for 2025
- DELAWARE RIVER WATERFRONT CORPORATION EIN 23-1734559 · last filed 990 for 2025
- BEN FRANKLIN TECHNOLOGY CENTER OF SOUTHEASTERN PENNSYLVANIA EIN 23-2527210 · last filed 990 for 2025
All nonprofits in PHILADELPHIA · Pennsylvania · Community improvement and capacity building