2024-03-13T14:47:45-07:00 2023-12-31 990EZ 2023-01-01 830726065 BORDEN MINISTRIES INC BORD 8104298451 95 Division Street New Haven CT 06511 Matthew Denney Executive Director 8104298451 2024-03-13 Matthew Denney 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z X jubileenewhaven.org X X 82187 X 41887 40300 0 0 0 0 0 0 0 0 0 0 0 0 0 82187 7770 0 0 0 23140 0 220348 251258 -169071 31640 215597 78166 X 21238 16668 0 225000 245402 235998 266640 477666 235000 399500 31640 78166 Residential faith community living out love, justice, and hospitality in our neighborhood and city, including meeting physical needs like housing, spiritual needs, and relational needs Housing: continued program to help low- and moderate-income families become homeowners and maintain stable housing; we purchased a blighted two-family home that we will transform into quality and affordable housing for low- and/or moderate-income families or individuals; we also provided security deposit assistance to help a family maintain stable and secure housing 3000 210987 Educational and entrepreneurial assistance: Provided financial support to enable low-income individual to attend college 7770 7770 Community-building: facilitated over 25 dinners and as many prayer gatherings; organized large block party with over 70 attendees; hosted other community events and worship gatherings 0 1992 220749 Matthew Denney President and Executive Director 5 0 0 0 Anita Hinkson Director 1 0 0 0 Antoine Claiborne Director 1 0 0 0 Charmain Yun Director 1 0 0 0 Aaron Feng Director 1 0 0 0 0 0 0 0 0 0 0 1 35000 0 0 0 0 0 0 0 CT Matthew Denney 47 Sheffield Avenue New Haven CT 06511 8104298451 0 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X 5158 14239 44356 62619 41887 168259 0 20455 27245 24786 14862 87348 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5158 34694 71601 87405 56749 255607 0 0 19850 3000 4134 26984 0 0 17289 37420 1500 56209 0 0 37139 40420 5634 83193 172414 0 0 0 3721 7233 10954 0 0 0 0 0 0 0 0 0 3721 7233 10954 0 0 0 0 0 0 0 0 0 0 0 0 5158 34694 71601 91126 63982 266561 0.64681 0.6024 0.04109 0.0182 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Aaron Feng Director To acquire property X 35000 35000 0 1 1 35000 Schedule L, Part I, Line 1 We raised below-market loans to purchase a property in 2023. Aaron Feng provided a below-market and non-amortizing loan to assist in the acquisition of this property that will be repaid once we successfully sell the property families or individuals. We used the same terms with Aaron Feng a with all other mission-minded lenders who provided below-market-rate loans. Form 990-EZ, Part I, Line 16 Description;Amount^Housing initiatives for affordable housing and housing assistance;210987|Administrative expenses;1192|Community building and outreach;1923|Taxes and insurance;6246^Total;220348^ Form 990-EZ, Part I, Line 20 Description;Amount^Building acquired for affordable housing;225000|Changes in asset in form loan principal;-9403^Total;215597^ Form 990-EZ, Part II, Line 24 We provided a low-interest mortgage to help a moderate-income resident buy a home. The principle on this loan decreased from $245.402 to $234,997.92. Form 990-EZ, Part II, Line 26 Description;EOY Amount^Loan provided to organization for housing support;235000|Loans provided to organization to purchase property;164500^Total;399500^