East Harlem Arts And Education Local Development Corporation

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

EIN: 132911879 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is East Harlem Arts And Education Local Development Corporation?

East Harlem Arts and Education Local Development Corporation is a nonprofit organization situated at 1 East 104th Street, New York, NY 10029. Leasing property from the City of New York, they sublease it to various nonprofit entities engaged in the fields of art and education. Their mission is to provide building management and rental real estate, aiming to strengthen the sense of shared community and culture among people of diverse backgrounds through education and the arts. Established in October 1977, their initial purpose was to alleviate adult unemployment, improve job opportunities, and enhance individuals' employment capabilities. Currently, the organization employs 22 individuals.


Official website here: www.heckscherbuilding.com/

Is East Harlem Arts And Education Local Development Corporation legitimate?

East Harlem Arts And Education Local Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Harlem Arts And Education Local Development 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $958,366

For more financial information, click here


Official website here: www.heckscherbuilding.com/

What is the mission statement of East Harlem Arts And Education Local Development Corporation?

The East Harlem Arts and Education Local Development Corporation was established with the objective of alleviating adult unemployment and enhancing job opportunities by providing training to individuals, aiming to improve their employment capabilities. The corporation's mission is centered around strengthening the sense of shared community and culture among people of diverse backgrounds through education and the arts. They achieve this by leasing property for rental to non-profit and governmental agencies that are engaged in the fields of art and education. The corporation's primary focus is on organizations that promote education and arts, fostering a sense of unity and cultural exchange among various communities.


Official website here: www.heckscherbuilding.com/

Who is the CEO of East Harlem Arts And Education Local Development Corporation?

Carlos Galvez is the Treasurer of East Harlem Arts And Education Local Development Corporation.


Official website here: www.heckscherbuilding.com/

What is the revenue of East Harlem Arts And Education Local Development Corporation?

East Harlem Arts And Education Local Development Corporation's revenue in 2022 was $3,741,090.


Official website here: www.heckscherbuilding.com/

Who are the executives of East Harlem Arts And Education Local Development Corporation and what are their salaries?

The average compensation at East Harlem Arts And Education Local Development Corporation during 2022 was $43,562. There are 22 employees at East Harlem Arts And Education Local Development Corporation.


Here are 10 key members and their salaries:


Lewis Zuchman Thru 921 (Treasurer)
  • Compensation: $0
  • Related: $219,548
  • Other: $36,444
Renee Avery Thru 921 (Director)
  • Compensation: $0
  • Related: $190,414
  • Other: $36,444
Bonnie Nichols (Dir.Of Facilities)
  • Compensation: $190,725
  • Related: $0
  • Other: $27,377
Carlos Galvez (Chairman)
  • Compensation: $0
  • Related: $211,500
  • Other: $904
Amorel Sheppard Thru 921 (Secretary)
  • Compensation: $0
  • Related: $130,282
  • Other: $16,851
Barbara Pankey Thru 921 (Director)
  • Compensation: $0
  • Related: $79,429
  • Other: $31
Erica Vargas Not Disclosed (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Perez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohammad Shoaib (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Osorio Not Disclosed (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.heckscherbuilding.com/

Where can I find the form 990 for East Harlem Arts And Education Local Development Corporation?

East Harlem Arts And Education Local Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.heckscherbuilding.com/

Learn more at the official website: www.heckscherbuilding.com/

Mission Statement of East Harlem Arts And Education Local Development Corporation

East Harlem Arts and Education Local Development Corporation, established in 1977, was formed with a mission to alleviate unemployment and improve employment opportunities by enhancing individuals' skills. The organization's primary objective is to support non-profit and governmental agencies whose missions revolve around fostering a shared sense of community and culture among people of diverse backgrounds, primarily through educational and artistic pursuits. By leasing property and subleasing it to various entities engaged in the fields of art and education, East Harlem Arts and Education Local Development Corporation contributes to the enrichment of its community by promoting cultural exchange and educational growth.

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Impact




October, 2024

East Harlem Arts And Education Local Development Corporation significantly enhances the community by providing essential building management and rental real estate to nonprofit and governmental agencies. Its mission focuses on fostering a sense of community and cultural exchange among diverse groups through education and the arts. By leasing property at 1 East 104th Street, the organization enables various nonprofit entities engaged in art and education to operate effectively, which contributes to the vibrant cultural landscape of East Harlem.

The Corporation plays a crucial role in alleviating adult unemployment by not only creating job opportunities but also training individuals, thereby improving their employment capabilities. This commitment to workforce development helps empower residents and supports the local economy. Through its efforts, the East Harlem Arts And Education Local Development Corporation helps build a stronger, more interconnected community by promoting shared cultural experiences and educational initiatives.




This information is meant to be a general summary of East Harlem Arts And Education Local Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$3,741,090 (2022)
Expenses
$3,092,890 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $446
  • Program Service Revenue: $3,687,765
  • Gross Receipts: $3,741,090

Assets and Liabilities:

  • Total Assets: $4,344,552
  • Total Liabilities: $1,397,271
  • Net Assets: $2,947,281

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Programs

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

Rental Income

Revenue

$3,687,765

Organization Details

Founding Year

1977

Principal Officer

Carlos Galvez

Main Address

1 EAST 104TH STREET, NEW YORK, NY, 10029

NTEE Category

Code: S50 - Community improvement

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