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Jamaica Capital Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 134214984 ✦ Jamaica, NY ✦ Designated as a 501(c)(3)

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Overview

What is Jamaica Capital Corporation?

Jamaica Capital Corporation (JCC) is a nonprofit organization established to support and advance the objectives of Greater Jamaica Development Corporation (GJDC), a public 501(C)(3) entity. Situated in Jamaica, NY, JCC's primary mission has been to revitalize and develop underutilized sites in the vicinity of the Airtrain/LIRR station. To achieve this, JCC acquired property and assembled a significant plot, subsequently selling it in collaboration with GJDC. Their work contributes to the betterment of the Jamaica area.


Official website here: www.gjdc.org

Is Jamaica Capital Corporation legitimate?

Jamaica Capital Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jamaica Capital Corporation submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.gjdc.org

What is the mission statement of Jamaica Capital Corporation?

Jamaica Capital Corporation was established with the primary objective of supporting and advancing the goals of Greater Jamaica Development Corporation, a non-profit organization. The corporation's activities have been predominantly focused on developing underutilized sites in the vicinity of the Airtrain/LIRR station. To accomplish this, Jamaica Capital Corporation acquired property, creating a substantial property assemblage. Subsequently, they sold this property along with Greater Jamaica Development Corporation. The corporation's mission is to benefit from and contribute to the objectives of its parent organization, thereby promoting development and growth in its respective field.


Official website here: www.gjdc.org

Who is the CEO of Jamaica Capital Corporation?

Unavailable The CEO's salary of Jamaica Capital Corporation is $0 and their total compensation is $0.


Official website here: www.gjdc.org

What is the revenue of Jamaica Capital Corporation?

Jamaica Capital Corporation's revenue in 2022 was $0.


Official website here: www.gjdc.org

Who are the executives of Jamaica Capital Corporation and what are their salaries?


Here are 6 key members and their salaries (Jamaica Capital Corporation's CEO's salary is $0 and their total compensation is $0):


Frank Dimola (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Graf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan White (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard W Eaddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd S Benenson (Treasurer/Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Rodgers (Ceo/President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.gjdc.org

Where can I find the form 990EZ for Jamaica Capital Corporation?

Jamaica Capital Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.gjdc.org

Learn more at the official website: www.gjdc.org

Mission Statement of Jamaica Capital Corporation

Jamaica Capital Corporation, established with the objective of aiding and advancing the objectives of Greater Jamaica Development Corporation (GJDC), operates as a 501(C) (3) organization. Its primary mission lies in supporting and enhancing the initiatives of GJDC. Jamaica Capital Corporation has directed its efforts towards the development of several underutilized sites in proximity to the Airtrain/LIRR station. To achieve this goal, the corporation purchased property, creating a substantial assemblage. This assemblage was subsequently sold in collaboration with GJDC. By doing so, Jamaica Capital Corporation has contributed significantly to the development of the surrounding area. However, the specific goals or objectives beyond property development and sale are not explicitly stated in the provided information.

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Impact




October, 2024

Jamaica Capital Corporation (JCC) plays a crucial role in revitalizing the Jamaica area by focusing on the development of underutilized sites, especially near the Airtrain/LIRR station. By strategically purchasing and assembling properties, JCC has facilitated significant real estate transactions that not only optimize land use but also foster economic growth in the neighborhood. This development effort supports the mission of the Greater Jamaica Development Corporation (GJDC), enhancing the community's infrastructure and accessibility. The impact of JCC's initiatives is evident in the improved urban landscape, increased economic activity, and overall enhancement of the community's livability and attractiveness for businesses and residents alike.




This information is meant to be a general summary of Jamaica Capital Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$0 (2022)
Expenses
$1,520 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

    Assets and Liabilities:

    • Total Assets: $3,088
    • Total Liabilities: $1,018
    • Net Assets: $2,070

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    Organization Details

    Main Address

    90-04 161ST STREET 704, JAMAICA, NY, 11432

    NTEE Category

    Code: S112 - Community improvement

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