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New York · Nonprofit

THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP

THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP (New York) receives grants from 3 organizations whose IRS filings report $205,000 to it, the largest being CHARLES H REVSON FOUNDATION INC ($100,000). 1 of them have funded it in more than one year.

Revenue FY2024
$12k
Funders on record
3
Grants received
$205k
Net assets
$8.5M
1/3 repeat funderspeak grant-dependency 20%
01What it does

What The Joint Ownership Entity New York City Corp does

Mission

The primary purposes of joe nyc are to strengthen its members' ability to develop, maintain, and manage affordable housing and serve as a vehicle to maintain long-term affordability of existing and future affordable housing units in support of their missions as community-based organizations that align their housing development and management work with the needs and resources of the communities served and focus on resident services and support.

As stated on its FY2024 Form 990.

Program

  1. Real estate asset management: monitor income and expenses of real estate portfolio and identify expense reduction measures.real estate portfolio development: undertake process of transferring ownership interest of properties owned by community development corporations in the joint ownership entity; acquire properties through real estate acquisitions.

    $510,984 spent$696,821 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $510,984.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.8M) Expenses 100 ($1.3M) Net assets 100 ($3.2M)2018 Revenue 384 ($14M) Expenses 611 ($7.7M) Net assets 310 ($10.0M)2019 Revenue 609 ($23M) Expenses 923 ($12M) Net assets 624 ($20M)2020 Revenue 463 ($17M) Expenses 1377 ($17M) Net assets 278 ($8.9M)2021 Revenue 383 ($14M) Expenses 1471 ($19M) Net assets 98 ($3.1M)2022 Revenue 7 ($247k) Expenses 52 ($653k) Net assets 97 ($3.1M)2023 Revenue 19 ($720k) Expenses 40 ($511k) Net assets 276 ($8.9M)2024 Revenue 0 ($12k) Expenses 31 ($391k) Net assets 264 ($8.5M)
'17'18'19'20'21'22'23'24
Revenue (0)Expenses (31)Net assets (264)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $169M to $5.7M (−97%).

$28M
$59M
$79M
$156M
$169M
$5.7M
$10M
$9.9M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP’s revenue is contributions — more earned-revenue than three-quarters of its peers (52% for the typical peer).

This organization
Typical peer · 3,628 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$2.5M
’17
$6.7M
’18
$11M
’19
−$16k
’20
−$4.2M
’21
−$406k
’22
$209k
’23
−$379k
’24
36
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stanley Celius

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'19'20'21'22'23'24
Listed1111121513131214
Joined·+1+2+3+2+3+3+6
No longer listed·1104344
03Who funds it

Who funds it, year by year

2018 → 2022: the base held at 1 funder, grant income fell $100k → $50k.

From the IRS filings of THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP leans on a few funders — its largest provides 49% of grant income and the top three 100%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

49%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2020 100% · 2021 100% · 2022 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

98% of THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP's grant income comes from New York funders.

WI
NY

In-state vs out-of-state, by year

’18
’20
’21
’22
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP is better cushioned than half of the 3,694 housing & shelter nonprofits its size.

Operating margin−3119% · bottom quartile
Months of reserve36.1mo · above the median
Revenue growth (annualized)−56% · bottom quartile

this organization peer median middle 50% of peers· 3,694 housing & shelter nonprofits under $100k, FY2024

Organizations like THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

13
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 40 related entities

  • Joint Ownership Entity New York City LLC · disregarded
  • Joe Ecdo 439 W 125 LLC · disregarded
  • Joe Ecdo Znh LLC · disregarded
  • Joe Ecdo Eh LLC · disregarded
  • Joe 140 Johnson Sna LLC · disregarded

Screen this organization

A dated, signed PDF of the compliance screen for THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP?
THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP (New York) receives grants from 3 organizations whose IRS filings report $205,000 to it, the largest being CHARLES H REVSON FOUNDATION INC ($100,000). 1 of them have funded it in more than one year.
How many funders does THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP have?
IRS filings report 3 organizations giving $205,000 in grants to THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP, 1 of which have funded it in more than one year.
Who is the largest funder of THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP?
CHARLES H REVSON FOUNDATION INC is the largest funder on record, with $100,000 in grants. The full list of funders is on this page.
How can an organization like THE JOINT OWNERSHIP ENTITY NEW YORK CITY CORP find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing