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Uncommon Lender Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263594129 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Uncommon Lender Inc?

Uncommon Lender Inc is a New York-based nonprofit organization with a mission to support Uncommon Schools, Inc., a tax-exempt 501(c)3 entity, in its real estate and other activities. They accomplish this by providing subordinate debt and equity through various means, including loans, grants, loan participation purchases, and equity contributions. Their primary focus is to help Uncommon Schools, Inc. expand its initiatives, utilizing loans and grants as effective tools for growth. Since their activities are closely related, Uncommon Lender Inc plays a vital role in enabling Uncommon Schools, Inc. to thrive in the realm of education and beyond.


Official website here: www.uncommonschools.org

Is Uncommon Lender Inc legitimate?

Uncommon Lender Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uncommon Lender Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.uncommonschools.org

What is the mission statement of Uncommon Lender Inc?

Uncommon Lender Inc supports Uncommon Schools, a tax-exempt organization, by providing subordinate debt and equity for its real estate and other activities. This is achieved through loans, grants, loan participation purchases, and equity contributions. The primary goal is to help Uncommon Schools carry out its endeavors by managing expenses related to their real estate ventures. By doing so, Uncommon Lender contributes to the overall mission of Uncommon Schools and enhances their ability to execute their projects effectively.


Official website here: www.uncommonschools.org

Who is the CEO of Uncommon Lender Inc?

Brett Peiser is the Ceo/Director of Uncommon Lender Inc. The CEO's salary of Uncommon Lender Inc is $0 and their total compensation is $378,123.


Official website here: www.uncommonschools.org

What is the revenue of Uncommon Lender Inc?

Uncommon Lender Inc's revenue in 2022 was $12,168,791.


Official website here: www.uncommonschools.org

Who are the executives of Uncommon Lender Inc and what are their salaries?

Here are 4 key members and their salaries (Uncommon Lender Inc's CEO's salary is $0 and their total compensation is $378,123):

    Brett Peiser (Ceo/Director)
  • Compensation: $0
  • Related: $354,168
  • Other: $23,955

    • Robert Marcus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norman Atkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Cooper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.uncommonschools.org

    Where can I find the form 990 for Uncommon Lender Inc?

    The Uncommon Lender Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.uncommonschools.org

    Learn more at the official website: www.uncommonschools.org

    Mission Statement of Uncommon Lender Inc

    Uncommon Lender Inc is a dedicated organization that plays a crucial role in supporting Uncommon Schools, Inc., a related tax-exempt entity under Internal Revenue Code section 501(c)3. Through various funding methods, Uncommon Lender extends a helping hand to Uncommon Schools in their real estate and other ventures.

    The mission of Uncommon Lender Inc is multifaceted. It involves providing subordinate debt and equity to Uncommon Schools, Inc., primarily through loans, grants, loan participation purchases, and equity contributions. In essence, Uncommon Lender functions as a financial partner, enabling Uncommon Schools to carry out their initiatives more effectively.

    By contributing funds towards Uncommon Schools' real estate activities, Uncommon Lender plays a significant role in the organization's growth and development. This support allows Uncommon Schools to expand their reach and make a more substantial impact on the communities they serve. The partnership between Uncommon Lender and Uncommon Schools is a testament to their shared commitment to creating positive change.

    Impact

    This information is meant to be a general summary of Uncommon Lender Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Uncommon Lender Inc has a significant impact by supporting Uncommon Schools, Inc.'s real estate and other activities through providing subordinate debt and equity via loans, grants, loan participation purchases, and equity contributions. This assistance helps Uncommon Schools, Inc., a tax-exempt organization focused on education, in funding its real estate initiatives and related activities. As a key financial partner, Uncommon Lender Inc plays a crucial role in ensuring the success and growth of Uncommon Schools, Inc. and its affiliates in their mission to provide quality education.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $10,683,713
  • Gross Receipts: $12,168,791

    • Assets and Liabilities:
  • Total Assets: $174,239,408
  • Total Liabilities: $134,980,495
  • Net Assets: $39,258,913
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INTEREST INCOME

    Revenue

    $10,683,713

    Organization Details

    Founding Year

    2008

    Principal Officer

    Brett Peiser

    Main Address

    55 BROAD STREET 3RD FLOOR, NEW YORK, NY, 10004

    NTEE Category

    Code: B82 - Education

    If you are a representative of Uncommon Lender Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.