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8001 Torresdale Corporation

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

EIN: 233086658 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is 8001 Torresdale Corporation?

8001 Torresdale Corporation is a nonprofit organization situated in Philadelphia, Pennsylvania, specifically at 8001 Torresdale Avenue. Its primary purpose is to assist New Foundations Charter School, a Pennsylvania-based nonprofit organization exempt under Section 501(C)(3) of the Internal Revenue Code. The role of 8001 Torresdale Corporation is to support the school's health, welfare, and educational interests. By leasing property to this not-for-profit educational entity, the organization contributes to the betterment of the community and the development of its students.

Is 8001 Torresdale Corporation legitimate?

8001 Torresdale Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 8001 Torresdale 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: $0

For more financial information, click here

What is the mission statement of 8001 Torresdale Corporation?

The 8001 Torresdale Corporation is established with the mission to support the health, welfare, and educational interests of New Foundations Charter School. This Pennsylvania-based nonprofit corporation, exempt under Section 501(C)(3) of the Internal Revenue Code, fulfills this purpose by leasing property to New Foundations Charter School, a not-for-profit entity. The organization's primary role is to contribute to the well-being and education of the students at New Foundations Charter School.

Who is the CEO of 8001 Torresdale Corporation?

Terry Cantor is the President of 8001 Torresdale Corporation.

What is the revenue of 8001 Torresdale Corporation?

8001 Torresdale Corporation's revenue in 2023 was $2,040,758.

Who are the executives of 8001 Torresdale Corporation and what are their salaries?

There 5 volunteers at 8001 Torresdale Corporation.


Here are 5 key members and their salaries:


Terry Cantor (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Stadelberger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Anhalt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Lindner (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kelly (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 8001 Torresdale Corporation?

8001 Torresdale Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of 8001 Torresdale Corporation

8001 Torresdale Corporation, as a nonprofit organization, is dedicated to supporting the health, welfare, and educational interests of New Foundations Charter School. This Pennsylvania-based corporation, recognized as exempt under Section 501(C)(3) of the Internal Revenue Code, fulfills its mission by leasing property to this not-for-profit entity. The organization's purpose is to contribute to the well-being and educational growth of New Foundations Charter School, ensuring it can carry out its educational mission effectively.

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Impact




October, 2024

8001 Torresdale Corporation significantly impacts the community by supporting the health, welfare, and educational interests of New Foundations Charter School in Philadelphia, PA. By leasing property to the charter school, it provides a vital infrastructure that enables the school to operate effectively, ensuring that students have access to a safe and conducive learning environment. This arrangement fosters educational opportunities for local students, promoting academic achievement and community development. Furthermore, the organization’s commitment to the charter school's mission enhances educational access and resources, ultimately contributing to the overall well-being and growth of the community it serves.




This information is meant to be a general summary of 8001 Torresdale 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
$2,040,758 (2023)
Expenses
$2,123,539 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $79,591
  • Gross Receipts: $2,040,758

Assets and Liabilities:

  • Total Assets: $23,016,637
  • Total Liabilities: $19,687,944
  • Net Assets: $3,328,693

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Organization Details

Founding Year

2001

Principal Officer

Terry Cantor

Main Address

8001 TORRESDALE AVENUE, PHILADELPHIA, PA, 19136

NTEE Category

Code: B11 - Education

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