August 29, 2016 10:45 AM ET

Real Estate Management and Development

Company Overview of JW Mays Inc.

Company Overview

J.W. Mays, Inc. owns, operates, and leases commercial real estate properties in the United States. Its properties are located in Brooklyn, Jamaica, Fishkill, Levittown, and Massapequa, New York; and in Circleville, Ohio. The company was founded in 1924 and is based in Brooklyn, New York.

9 Bond Street

Brooklyn, NY 11201

United States

Founded in 1924

29 Employees

Phone:

718-624-7400

Key Executives for JW Mays Inc.

Chairman of the Board, Chief Executive Officer, President, Chief Operating Officer, Chairman of Executive Committee and Chairman of Investment Advisory Committee
Age: 74
Total Annual Compensation: $358.0K
Chief Financial Officer, Executive Vice President, Treasurer, Director, Member of Disclosure Committee and Member of Investment Advisory Committee
Age: 62
Total Annual Compensation: $361.0K
Vice President, Assistant Treasurer and Member of Disclosure Committee
Age: 65
Total Annual Compensation: $239.0K
Vice President of Operations
Age: 66
Total Annual Compensation: $261.1K
Compensation as of Fiscal Year 2015.

JW Mays Inc. Key Developments

JW Mays Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended April 30, 2016

JW Mays Inc. reported earnings results for the third quarter and nine months ended April 30, 2016. For the quarter, the company reported revenues from operations amounted to $4,675,138 compared to revenues of $4,739,448 in the comparable 2015 three-month period. Net income from operations for the three months ended April 30, 2016 was $451,391, or $0.22 per share, compared to net income from operations of $421,962, or $0.21 per share, in the comparable 2015 three-month period. Revenues from operations for the nine months ended April 30, 2016 were $13,851,806 compared to revenues of 14,085,997 in the comparable 2015 nine-month period. Net income from operations for the nine months ended April 30, 2016 was $1,075,492, or $0.53 per share, compared to net income from Operations of $1,189,547, or $0.59 per share, in the comparable 2015 nine-month period.

J.W. Mays, Inc. Elects John J. Pearl to the Board

At its meeting on March 16, 2016, the Board of Directors of J.W. Mays Inc. upon recommendation of its Governance and Nominating Committee, elected John J. Pearl to the Board. The Board increased its size from five to six members and elected Mr. Pearl to fill the vacancy for an initial term expiring at the Annual Meeting of Shareholders to be held in November 2016. In addition to Mr. Pearl's appointment to the Audit Committee, Mr. Pearl has been appointed to the Investment Advisory Committee, the Compensation Committee and the Governance and Nominating Committee of the Board. Mr. Pearl was the partner in charge of the tax department of D'Arcangelo & Co., LLP until he retired. Prior to joining D'Arcangelo & Co., LLP, he was a partner in both the New York and Boston offices of Pannell Kerr Forster. He served as chairman of both the NYSSCPA Relations with the Internal Revenue Service Tax Committee and the Westchester Chapter NYSSCPA Federal & State Tax Committee. For about 10 years he was also the chairman of the Westchester Chapter Annual Tax Conference and was a frequent speaker at joint CPA/IRS tax seminars.

JW Mays Inc., Board Meeting, Mar 16, 2016

JW Mays Inc., Board Meeting, Mar 16, 2016. Agenda: To consider the recommendation of its governance and nominating committee to elect John J. Pearl to the board.

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Recent Private Companies Transactions

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