Justine Petersen Housing And Reinvestment Corporation
Justine Petersen Housing And Reinvestment Corporation reported $14.0 million in revenue and $12.9 million in expenses for calendar year 2024. Of every $100 it spent, $93.66 went to program services, $4.37 to management and general costs and $1.97 to fundraising. Its largest source of revenue was contributions and grants: 57.9% of the total. Government grants made up 33.9%. The highest compensation it reported for one person was $247,053 (CHIEF OPERATING OFFICER). 4 people received more than $100,000 in reportable compensation. Revenue rose 192% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $13MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $14M- Contributions & grants (non-government)$23.89 $3.4M
- Government grants$33.69 $4.7M
- Program service revenue$42.29 $5.9M
- Investment income$0.13 $17,930
Other revenue was negative: −$77,912. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 93.7% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 4.4% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 2.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.03 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 57.9% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 33.9% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 42.5% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $247,053 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.92% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 4 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.0 | 10.0 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseTechnical assistance and lending to small businesses and micro-enterprises. As the nation's largest sba micro-loan intermediary, Justine Petersen borrows money directly from the sba and originates micro-enterprise loans under $50,000 in accordance with its own underwriting guidelines to small business owners that may not be able to secure capital elsewhere. Justine Petersen participates in the usda intermediary relending program for its rural lending. Justine Petersen and its subsidiary, great rivers community capital, are both treasury-certified community development financial institutions…
Housing - as a hud certified housing counseling agency, counselors assist low to moderate income families and individuals to address credit and other barriers to purchasing or refinancing a home. Justine Petersen implements financial counseling, strategies and products including budgeting, financial education, loan counseling and homebuyer education to assist homeowners struggling to pay their mortgages and negotiating with their lender
Savings - Justine Petersen believes that a strong credit profile is one's most important financial asset and our counselors teach how to build and maintain a strong credit profile. In 2024, 1,062 low- and moderate-income individuals participated in Justine Petersen's credit building services. As a leader in the credit building and financial capability field, Justine Petersen teaches financial counselors across the country how to offer credit building services through out credit building nation initiative
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CHIEF OPERATING OFFICER Officer, 40.0 hrs/week | $230,250 | $0 | $16,803 | $247,053 |
| CHIEF EXECUTIVE OFFICER Officer, 40.0 hrs/week | $190,250 | $0 | $15,386 | $205,636 |
| CHIEF LENDING OFFICER Highest compensated employee, 40.0 hrs/week | $176,250 | $0 | $15,088 | $191,338 |
| DIRECTOR OR RESOURCE DEVELOPMENT / STAKEHOLDER ENGAGEMENT Highest compensated employee, 40.0 hrs/week | $103,250 | $0 | $0 | $103,250 |
4 people received more than $100,000 in reportable compensation from Justine Petersen Housing And Reinvestment Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $453K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26Yes
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 560
- Volunteers Part I, line 623
Correct a figure or respond
Every number above is copied from Justine Petersen Housing And Reinvestment Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Justine Petersen Housing And Reinvestment Corporation, you can publish a response that is linked from this page.
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Of every $100 Justine Petersen Housing And Reinvestment Corporation spent in 2024, $93.66 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in Missouri
Questions people ask
How much of Justine Petersen Housing And Reinvestment Corporation's spending goes to programs?
In calendar year 2024, Justine Petersen Housing And Reinvestment Corporation reported that 93.7% of its $12.9 million in expenses went to program services, 4.4% to management and general and 2.0% to fundraising (Form 990, Part IX).
How much does Justine Petersen Housing And Reinvestment Corporation pay its top executive?
The largest total compensation Justine Petersen Housing And Reinvestment Corporation reported for one person in calendar year 2024 was $247,053, for the role of CHIEF OPERATING OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Justine Petersen Housing And Reinvestment Corporation get its money?
Of $14.0 million in revenue in calendar year 2024, 57.9% came from contributions and grants (including 33.9% from government grants) and 42.5% from program service revenue (Form 990, Part VIII).
Is Justine Petersen Housing And Reinvestment Corporation a registered charity?
The IRS lists EIN 43-1769074 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202522549349300912 · read the filing
- 2023: Form 990 for calendar year 2023, object 202443069349300949 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323059349302262 · read the filing
- 2021: Form 990 for calendar year 2021, object 202232219349301758 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143099349303434 · read the filing
- 2019: Form 990 for calendar year 2019, object 202002539349300020 · read the filing
All filings for EIN 43-1769074: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.