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Filing year 2024

JACOBS PLACE APARTMENTS C/O DARWIN T LYNNER CO INC

Des Moines, Iowa·EIN 42-1186191·NTEE L20Z · Housing & Shelter·3
Total revenue
$794k
Total assets
$2.4M
Total expenses
$771k
Reported officers
10
Mission

JACOBS PLACE APARTMENTS IS AN IOWA NOT-FOR-PROFIT CORPORATION THAT WAS ORGANIZED TO CONSTRUCT, OWN AND OPERATE AN 82 UNIT APARTMENT COMMUNITY KNOWN AS JACOBS PLACE LOCATED IN DES MOINES, IOWA. THE COMMUNITY WAS ORIGINALLY FINANCED WITH A LOAN INSURED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. IN OCTOBER 2006, THE CORPORATION REFINANCED ITS ORIGINAL HUD INSURED MORTGAGE WITH A NEW HUD INSURED MORTGAGE UNDER SECTION 223(F) OF THE NATIONAL HOUSING ACT, AS AMENDED.

Reported officers (all unpaid)

No paid executives reported in 2024. JACOBS PLACE APARTMENTS C/O DARWIN T LYNNER CO INC reported 10 unpaid officers and board members on its 990.

President
Treasurer
Director
Director
Director
Secretary
Director
Director
Director
Director (ex-officio)
Financial trend

Revenue and expenses over time

JACOBS PLACE APARTMENTS C/O DARWIN T LYNNER CO INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$756k
$690k
2023
$794k
$771k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn

JACOBS PLACE APARTMENTS C/O DARWIN T LYNNER CO INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization nationwide earns a median of $58,635.

25th percentile
$28k
Median
$58,635
75th percentile
$114k
90th percentile
$193k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 2,122 organizations across 2,122 filings (2021 – 2023).

See full Housing & Shelter compensation data
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