JUSTINE PETERSEN HOUSING AND REINVESTMENT CORPORATION

SAINT LOUIS, MO | St. Louis city
Affordable Housing
JUSTINE PETERSEN HOUSING AND REINVESTMENT CORPORATION
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

JUSTINE PETERSEN HOUSING AND REINVESTMENT CORPORATION
43-1769074
1023 N GRAND BLVD
SAINT LOUIS, MO 63106
St. Louis city

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • LMI Census Tract
  • Majority Minority Census Tract
  • Opportunity Zone
Awards & Certifications info
  • CDFI Organization
  • CDFI Award Recipient
  • HUD Counseling Agency
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L80

L - Housing, Shelter

Housing Support

Organizations that provide supportive services which help people obtain and remain in suitable housing. Use this code for organizations that provide multiple supportive services or for supportive services specified below.

IRS Activity Codes info
381
Low and moderate income housing
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Date Certified info
Not reported
Native American CDFI info
N
Financial Institution Type info
Loan Fund
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
YearAmountProgramAwardee Name
2021 $1,046,530 CDFI Financial Assistance open_in_new Justine Petersen Housing & Reinvestment Corporation
2021 $1,826,265 CDFI Rapid Response Program (COVID-19) open_in_new Justine Petersen Housing & Reinvestment Corporation
2021 $500,000 Disability Funds Financial Assistance open_in_new Justine Petersen Housing & Reinvestment Corporation

Includes CDFI Fund awards granted between January 2013 and December 2023

HUD Counseling Agency info
Counseling Programs Offered info
  • Financial Management/Budget Counseling
  • Home Improvement and Rehab
  • Mortgage Delinquency and Default
  • Pre-Purchase Counseling
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$8M
Revenue
$7.6M
Assets
$49.3M

IRS Business Master File Details info

As of November 2022 Update
Exempt Ruling Date info
1998-03
Deductibility Status info
Deductible
Last Tax Filing info
2021
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)

IRS Publication 78 Details info

As of April 2023
Verified in Publication 78 info
Yes
Deductibility Limitation info
50% (60% for cash contributions)
Organization Description info
A public charity

Nonprofit Location

Physical Address info
1023 N GRAND BLVD
SAINT LOUIS, MO 63106
St. Louis city
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
41180
MSA/MD info
29
State info
510
County info
1111.00
Tract info
Moderate
Income Level info
Core-Based Statistical Area info
41180 - St. Louis, MO-IL
Combined Statistical Area info
476 - St. Louis-St. Charles-Farmington, MO-IL
Metropolitan Division info
Not located in an MD.
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 96.91%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
1111.00 St. Louis city
Population
Total Population 1,874 302,787
Total Households 867 141,161
Income
Median Family Income (Census*) $51,034 $48,751
Median Family Income (2022 FFIEC est.) $96,800 $96,800
Tract Income Percentage 60.21% N/A
Below Poverty Level 26.1% 19.6%
Unemployment Level 12.8% 6.0%
Housing
Total Housing Units 1,089 173,830
Total Owner-Occupied Units 19.4% 44.7%
Total Renter-Occupied Units 60.2% 55.3%
Total Vacant Units 20.4% 11.1%
* Census tract income based on 2020 Census estimated data; County income based on 2021 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body info
5
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Linda Clark
Controller
(314) 533-2411
Principal Officer info
Robert Boyle
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.