Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc
Esplanade Apartments Holding Company reports $0 revenue and assets in latest filing, a sharp decline from prior years' multi-million dollar operations.
EIN: 203825348 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $5.2M |
| Net Assets | $32.0M |
| Transparency Score | 20/100 |
Is Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc (EIN: 203825348) is a nonprofit organization based in New York, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc is a mid-size nonprofit, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 1.8%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.7M |
| Total Expenses | $5.2M |
| Surplus / Deficit | +$1.5M |
| Total Assets | $67.3M |
| Total Liabilities | $35.2M |
| Net Assets | $32.0M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 52.4% |
| Months of Reserves | 153.9 months |
Financial Health Grade: A
In 2017, Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc reported a surplus of $1.5M with revenue exceeding expenses, holds 153.9 months of operating reserves (strong position), has a debt-to-asset ratio of 52.4% (high leverage).
Financial Trends
Over 7 years of filings (2011–2017), Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | -3.5% | +1.1% | +4.7% |
| 2016 | -1.3% | +12.0% | -1.8% |
| 2015 | +1.1% | +1.8% | +1.5% |
| 2014 | +2.7% | +1.3% | +1.3% |
| 2013 | +10.8% | -6.1% | +0.9% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 52.4%.
Executive Compensation Analysis
Officer compensation is consistently reported as 0% across all available filings, suggesting that executive remuneration is either not paid directly by this entity or is structured in a way that it is not reported as officer compensation on these 990 forms.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc's IRS 990 filings:
- Latest filing shows $0 revenue and assets, a significant and unexplained departure from historical financial activity.
- NTEE code is unknown, making it difficult to ascertain the organization's specific charitable purpose or sector.
- The organization's name and financial structure suggest it may not be a traditional public charity, but rather a holding company, which could be misleading for donors seeking charitable impact.
Strengths
The following positive indicators were identified for Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc:
- Historically, the organization demonstrated consistent revenue generation and positive net income from 2011-2017.
- Maintained substantial asset base (over $60 million) for several years, indicating significant underlying value.
- Consistent filing of IRS Form 990s provides a historical financial record.
Frequently Asked Questions about Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc
Is Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc a legitimate charity?
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc (EIN: 203825348) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 20/100. It has 7 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc spend its money?
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc tax-deductible?
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc is registered as a tax-exempt nonprofit (EIN: 203825348). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc located?
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc is headquartered in New York, New York and files with the IRS under EIN 203825348.
How many years of IRS 990 filings does Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc have?
Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
What is the current operational status of Esplanade Apartments Holding Company, given the latest filing of $0 revenue and assets?
The latest filing indicates a complete cessation of financial activity or a significant change in reporting structure, as both revenue and assets are reported as $0, a stark contrast to previous years where millions in revenue and tens of millions in assets were reported.
What is the primary purpose or mission of Esplanade Apartments Holding Company, as it appears to be a holding company rather than a traditional charity?
Based on the name and financial structure (significant assets, liabilities, and consistent revenue streams from 2011-2017), the organization likely functions as a holding company for real estate, specifically apartments, rather than a public charity providing direct services. The NTEE code is unknown, which further obscures its specific charitable purpose, if any.
Why is no officer compensation reported across any of the filings?
The consistent reporting of 0% officer compensation suggests that executives are either not compensated by this specific entity, or their compensation is structured and reported under different categories or through related entities.
Filing History
IRS 990 filing history for Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc's revenue has grown by 11.6%, moving from $6.0M to $6.7M. Total assets decreased by 0.6% over the same period, from $67.7M to $67.3M. Total functional expenses rose by 15.1%, from $4.6M to $5.2M. In its most recent filing year (2017), Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $35.2M in liabilities against $67.3M in assets (debt-to-asset ratio: 52.4%), resulting in net assets of $32.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $6.7M | $5.2M | $67.3M | $35.2M | — | View 990 |
| 2016 | $7.0M | $5.2M | $64.2M | $33.3M | — | View 990 |
| 2015 | $7.1M | $4.6M | $65.4M | $35.2M | — | View 990 |
| 2014 | $7.0M | $4.5M | $64.5M | $35.0M | — | View 990 |
| 2013 | $6.8M | $4.5M | $63.6M | $1.6M | — | View 990 |
| 2012 | $6.2M | $4.8M | $63.1M | $42.4M | — | View 990 |
| 2011 | $6.0M | $4.6M | $67.7M | $42.3M | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $6.7M, expenses of $5.2M, and assets of $67.3M (revenue -3.5% year-over-year).
- 2016: Revenue of $7.0M, expenses of $5.2M, and assets of $64.2M (revenue -1.3% year-over-year).
- 2015: Revenue of $7.1M, expenses of $4.6M, and assets of $65.4M (revenue +1.1% year-over-year).
- 2014: Revenue of $7.0M, expenses of $4.5M, and assets of $64.5M (revenue +2.7% year-over-year).
- 2013: Revenue of $6.8M, expenses of $4.5M, and assets of $63.6M (revenue +10.8% year-over-year).
- 2012: Revenue of $6.2M, expenses of $4.8M, and assets of $63.1M (revenue +1.8% year-over-year).
- 2011: Revenue of $6.0M, expenses of $4.6M, and assets of $67.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc:
Data Sources and Methodology
This transparency report for Esplanade Apartments Holding Company C/O Jp Morgan Investment Management Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.