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Civic New Markets Support Corporation I

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

EIN: 462994673 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Civic New Markets Support Corporation I?

Civic New Markets Support Corporation I is a nonprofit organization, established with a specific purpose: to aid not-for-profit charter school operators in constructing new educational facilities. They achieve this by acquiring a leasehold interest in properties, which subsequently undergo transformation into new charter schools. This corporation's mission is centered around supporting the growth and development of educational institutions within its community.


Is Civic New Markets Support Corporation I legitimate?

Civic New Markets Support Corporation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic New Markets Support Corporation I 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


What is the mission statement of Civic New Markets Support Corporation I?
Who is the CEO of Civic New Markets Support Corporation I?
What is the revenue of Civic New Markets Support Corporation I?
Who are the executives of Civic New Markets Support Corporation I and what are their salaries?
Where can I find the form 990 for Civic New Markets Support Corporation I?

Mission Statement of Civic New Markets Support Corporation I

Civic New Markets Support Corporation I is an organization dedicated to assisting non-profit charter school operators in their endeavors to establish new educational facilities. To accomplish this, the corporation holds a leasehold interest in property, which later gets developed into new charter schools. By providing this service, Civic New Markets Support Corporation I aims to contribute to the expansion of educational opportunities for students in various communities.

Impact

This information is meant to be a general summary of Civic New Markets Support Corporation I. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Civic New Markets Support Corporation I's impact lies in its significant support to not-for-profit charter school operators in developing new school facilities. By holding a leasehold interest in properties that are then developed into new charter schools, the corporation plays a crucial role in expanding educational opportunities for students. Through its mission-driven approach, Civic New Markets Support Corporation I contributes to the growth and development of the education sector, particularly within the charter school system. Its commitment to assisting operators in building new facilities underscores its dedication to promoting access to quality education for all.





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: $1,385,172
  • Gross Receipts: $1,385,172

    • Assets and Liabilities:
  • Total Assets: $13,922,790
  • Total Liabilities: $11,332,986
  • Net Assets: $2,589,804
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,385,172

    Organization Details

    Founding Year

    2013

    Principal Officer

    David Umansky

    Main Address

    180 VARICK STREET SUITE 1414, NEW YORK, NY, 10014

    NTEE Category

    Code: B112 - Education

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