230 John Wesley Dobbs Boulevard Ventures Inc
Atlanta, GA
What do they do?
This organization buys real estate (land and buildings) for government agencies and nonprofit organizations. They hold onto these properties and then provide them to these groups at the same price they paid, helping them get the real estate they need.
Their mission:
"To help government agencies and tax-exempt organizations by buying and holding real property and improvements, then providing these properties to them at cost."
💵 Money In vs. Money Out (2023)
Money they received
$2.8 million
Money they spent
$2.7 million
✅ They had money left over. They received $137K more than they spent.
💡 This shows the big picture: how much came in and how much went out for the year.
📥 Where did the money come from? (2023)
| Source | Amount | % |
|---|---|---|
Money earned from services Fees they charge for their programs | $1.8 million | 100% |
Investment earnings Money their savings made | $5K | 0% |
Other income Any other money that came in | $4K | 0% |
| Total | $1.8 million | 100% |
💡 This shows all the different ways this organization received money during the year.
📤 Where did the money go? (2023)
| What it paid for | Amount | % |
|---|---|---|
Employee salaries & benefits Paychecks and health insurance for workers | $389K | 18% |
Office & rent Rent, utilities, office supplies | $187K | 9% |
Professional services Lawyers, accountants, consultants | $100K | 5% |
Other expenses Everything else including repair, maintenance, protection services, and depreciation | $1.5 million | 69% |
| Total spent | $2.2 million | 100% |
💡 This is the real breakdown from their tax filing. It shows exactly what they spent money on.
👥 Who runs this organization? (2023)
| Name | Job Title | Paid |
|---|---|---|
| Eugene Jones | President | $483,651 |
| Kenneth Clark | Treasurer | $120,408 |
| Dwayne Vaughn | Secretary | $257,246 |
| Lisa Washington | Outgoing Assistant Secretary | $0 |
| Terri Lee | Outgoing Vice President | $0 |
💡 These are the people who make decisions for this organization and how much they were paid for the year.
🏦 What do they own vs. what do they owe? (2023)
| 💰 Total stuff they own (assets) | $12.8 million |
| 💳 Total they owe (debts) | $792K |
| 📊 What's left (net worth) | $12.0 million |
💡 Their net worth is positive, meaning they own more than they owe. This is generally a healthy sign.
🎯 What programs do they run?
They run one main program where they provide real property and improvements to governmental agencies and tax-exempt organizations at cost. This helps these organizations get the buildings and land they need without having to go through complicated real estate purchases themselves.
⚠️ Things you might want to know
The organization spent $403,608 more than it received, which means it's losing money. The president's salary of $483,651 is quite high for a nonprofit. There are no employees listed, which is unusual since they report significant salary expenses.
📄 Where did we get this info?
This comes from the IRS Form 990 that 230 John Wesley Dobbs Boulevard Ventures Inc filed for the year 2023. Every nonprofit has to tell the government how they spent their money, and that info is public.
👉 See the original tax form yourself →Data from ProPublica Nonprofit Explorer. Plain English summaries created with AI and reviewed for accuracy.