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Harlem Commonwealth Council Inc

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

EIN: 136271908 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Harlem Commonwealth Council Inc?

Harlem Commonwealth Council Inc is a nonprofit organization situated in New York, specifically at 361 West 125th Street, New York, NY 10027. Their primary focus is to stimulate economic development by fostering the creation of businesses, generating employment opportunities, and enhancing services within the community. They achieve this mission through various initiatives, including community development projects, educational and training programs, and an entrepreneurial loan program. The organization provides technical assistance to entrepreneurs, adult literacy training, office and computer skills development, mentoring for young adults in the criminal justice system, and engaging in after-school programming. Overall, Harlem Commonwealth Council Inc aims to uplift the local community by empowering its members with the necessary skills and resources for economic growth.


Official website here: www.harlemcommonwealth.org

Is Harlem Commonwealth Council Inc legitimate?

Harlem Commonwealth Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harlem Commonwealth Council 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $385,451
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,283,141

For more financial information, click here


Official website here: www.harlemcommonwealth.org

What is the mission statement of Harlem Commonwealth Council Inc?

The Harlem Commonwealth Council Inc's mission is centered around stimulating overall economic development. This is achieved through various means, including the creation of enterprises, the generation of employment opportunities, and the improvement of services. This mission is accomplished through community development projects, educational and training programs, an entrepreneurial loan program, and other forms of support. The organization provides technical assistance to entrepreneurs, conducts training in areas such as adult literacy, office skills, and computer use. They offer mentoring to young adults in the criminal justice system and provide after-school programming.


Official website here: www.harlemcommonwealth.org

What is the revenue of Harlem Commonwealth Council Inc?

Harlem Commonwealth Council Inc's revenue in 2024 was $6,742,627.


Official website here: www.harlemcommonwealth.org

Who are the executives of Harlem Commonwealth Council Inc and what are their salaries?

The average compensation at Harlem Commonwealth Council Inc during 2024 was $17,751. There are 94 employees and 10 volunteers at Harlem Commonwealth Council Inc.

Here are 15 key members and their salaries:


Joseph Tait (Secretary/Coo)
  • Compensation: $320,000
  • Related: $105,000
  • Other: $0
E Hamil Douglas (President)
  • Compensation: $37,242
  • Related: $211,043
  • Other: $0
Suzanne Hurley (Vice President)
  • Compensation: $145,776
  • Related: $16,198
  • Other: $0
Ayesha Codrington (Dir. Of Finance)
  • Compensation: $62,112
  • Related: $75,914
  • Other: $0
Terri-Ann Smith (Senior Lending Dir)
  • Compensation: $133,182
  • Related: $0
  • Other: $0
Ericka Powell-Sinclair (Sr. Compliance Dir)
  • Compensation: $130,451
  • Related: $0
  • Other: $0
Christian Damiba (Program Director)
  • Compensation: $111,900
  • Related: $0
  • Other: $0
Sharon E Joseph (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zevilla Jackson-Preston (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Johnson (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Curtis Archer (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashli Gibbs (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Chiette (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lewiston Murray (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Montgomery (Board Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.harlemcommonwealth.org

Where can I find the form 990 for Harlem Commonwealth Council Inc?

Harlem Commonwealth Council Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.harlemcommonwealth.org

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

Mission Statement of Harlem Commonwealth Council Inc

The Harlem Commonwealth Council Inc is dedicated to stimulating economic growth by fostering the creation of businesses, generating employment opportunities, and enhancing services within communities. This mission is carried out through various initiatives, including community development projects, educational and training programs, and an entrepreneurial loan program.

Specifically, the organization focuses on delivering technical assistance to entrepreneurs, providing training in areas such as adult literacy, office and computer skills, and mentoring to young adults in the criminal justice system. In addition, Harlem Commonwealth Council Inc offers after-school programming, aimed at supporting the direct economic development initiatives of the organization. By engaging in these activities, the Council aims to contribute to the overall economic development and improvement of services within the communities it serves.

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Impact




October, 2024

Harlem Commonwealth Council Inc has a significant impact on the local community by driving economic development through various initiatives aimed at creating businesses, generating jobs, and enhancing service offerings. The organization focuses on fostering entrepreneurship, providing essential resources and support to individuals looking to establish and grow their enterprises.

Through its educational and training programs, Harlem Commonwealth Council Inc delivers technical assistance to entrepreneurs, equipping them with the skills they need to succeed. This includes adult literacy and office and computer skills training, which helps community members boost their employability and entrepreneurship potential. The mentoring programs specifically target young adults in the criminal justice system, offering them crucial support and guidance that can lead to successful reintegration into society.

Additionally, the Council employs after-school programming, which supports youth development and fosters a sense of community involvement. By focusing on these areas, the organization plays a vital role in community improvement, ultimately leading to a stronger, more vibrant local economy.




This information is meant to be a general summary of Harlem Commonwealth Council Inc. 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
$6,742,627 (2024)
Expenses
$4,720,041 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $79,024
  • Program Service Revenue: $2,354,518
  • Gross Receipts: $6,742,627

Assets and Liabilities:

  • Total Assets: $21,380,890
  • Total Liabilities: $3,794,792
  • Net Assets: $17,586,098

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Programs

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

Entrepreneur Loan Fund

Revenue

$125,944

Intercompany Rent Income

Revenue

$1,729,255

Mort. Int. - Subordinate

Revenue

$99,051

Rental Income - Econ. Dev

Revenue

$400,268

Organization Details

Founding Year

1967

Principal Officer

Sharon E Joseph

NTEE Category

Code: S30Z - Community improvement

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