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Filing year 2024

JACOBS PLACE APARTMENTS

Des Moines, Iowa·EIN 42-1186191·NTEE L20Z · Housing & Shelter·501(c)(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 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 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 in Iowa

JACOBS PLACE APARTMENTS reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in Iowa earns a median of $82,514.

25th percentile
$42k
Median
$82,514
75th percentile
$139k
90th percentile
$226k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 70 organizations across 70 filings (2023 – 2024).

See full Housing & Shelter pay data for Iowa
FAQ

Common questions about JACOBS PLACE APARTMENTS

What are JACOBS PLACE APARTMENTS's revenue and expenses?

In 2024, JACOBS PLACE APARTMENTS reported $794k in total revenue and $771k in total expenses on its IRS Form 990.

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