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199 Hunting Park Corporation

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

EIN: 264300365 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is 199 Hunting Park Corporation?

199 Hunting Park Corporation is a nonprofit organization serving the Hispanic community in North Philadelphia, contributing to broader community development initiatives. The corporation owns an 8.01-acre complex situated at 4261 North 5th Street, acquired in December 1999. As of June 30, 2020, the campus housed 301,678 square feet of rentable space, with 252,642 square feet rented and occupied by various nonprofit corporations. Tenants include Nueva Esperanza, Inc., Esperanza Academy Charter School, Esperanza College, Artistas y Musicos Latino Americanos, Philadelphia Works, Inc., and Esperanza Cyber Charter School. The facility is still under construction, with plans to complete a theatre, library, art gallery, chapel, and community meeting space. The corporation primarily leases its real estate property to service-oriented nonprofits within the community.


Is 199 Hunting Park Corporation legitimate?

199 Hunting Park Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 199 Hunting Park Corporation 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: $253,688

For more financial information, click here


What is the mission statement of 199 Hunting Park Corporation?
Who is the CEO of 199 Hunting Park Corporation?
What is the revenue of 199 Hunting Park Corporation?
Who are the executives of 199 Hunting Park Corporation and what are their salaries?
Where can I find the form 990 for 199 Hunting Park Corporation?

Mission Statement of 199 Hunting Park Corporation

The 199 Hunting Park Corporation is a not-for-profit organization that serves the Hispanic community in North Philadelphia as part of broader community development work. Its primary activity revolves around owning and operating rental real estate, which it leases to various community-focused organizations and service businesses. Among its tenants, the corporation houses Nueva Esperanza, Inc., Esperanza Academy Charter School, and the Eastern North Philadelphia Workforce Development Corporation, among others. These non-profits utilize the provided spaces to deliver essential services to the community.

Impact

This information is meant to be a general summary of 199 Hunting Park Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

199 Hunting Park Corporation's impact can be seen through its ownership and operation of rental real estate that primarily serves non-profit organizations in the Hispanic community of North Philadelphia. The Corporation's campus provides a vital space for organizations such as Nueva Esperanza, Inc., Esperanza Academy Charter School, and Philadelphia Works, Inc. to carry out their missions. By offering affordable and stable rental space, 199 Hunting Park Corporation plays a key role in supporting the educational and community development efforts of these organizations, ultimately contributing to the overall well-being of the community.





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: $2,145
  • Program Service Revenue: $5,389,500
  • Gross Receipts: $5,665,914

    • Assets and Liabilities:
  • Total Assets: $42,224,601
  • Total Liabilities: $33,479,829
  • Net Assets: $8,744,772
  • Programs

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

    RENTAL INCOME

    Revenue

    $5,389,500

    Organization Details

    Founding Year

    2008

    Principal Officer

    Artemio Rodriguez

    Main Address

    4261 North 5th Street, Philadelphia, PA, 19140

    NTEE Category

    Code: B90 - Education

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