Overview
What is Mt Airy Transit Village Inc?
Mt Airy Transit Village Inc is a nonprofit organization based in Philadelphia, Pennsylvania, specifically at 815 E Washington Lane. Their primary mission is to revitalize and enhance blighted properties within the city, focusing on low-income communities. They accomplished this objective by obtaining incentivized financing under the New Markets Tax Credit (NMTC) program. Utilizing these funds, Mt Airy Transit Village Inc renovated a building, which was later leased to Wissahickon Charter School, contributing to the overall development of the area.
Is Mt Airy Transit Village Inc legitimate?
Mt Airy Transit Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Airy Transit Village 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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Mission Statement of Mt Airy Transit Village Inc
Mt Airy Transit Village Inc, as a qualified active low-income community business, is primarily dedicated to acquiring and renovating blighted properties within the city of Philadelphia. This organization's mission is to revitalize neglected areas, contributing to the overall improvement of the community. Under the NMTC (New Markets Tax Credit) Program, Mt Airy Transit Village Inc secured incentivized financing from two community development entities. This financing enabled the organization to rehabilitate and enhance a building, which was subsequently leased to Wissahickon Charter School. By engaging in such activities, Mt Airy Transit Village Inc plays an essential role in revitalizing urban areas and providing much-needed facilities, such as schools, in these communities.
Impact
This information is meant to be a general summary of Mt Airy Transit Village Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Mt Airy Transit Village Inc's impact can be seen in its efforts to acquire and renovate blighted properties in the city of Philadelphia. By participating in the NMTC program and obtaining incentivized financing, the organization has been able to rehabilitate a building that will be leased to Wissahickon Charter School. This initiative not only contributes to the revitalization of the community but also provides a space for educational purposes, benefiting the local residents and students in the area. Through its mission of acquiring and renovating blighted properties, Mt Airy Transit Village Inc is actively involved in community improvement efforts in Philadelphia.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$583,956
Organization Details
Founding Year
2007
Phone
(805) 415-2710
Principal Officer
Justin Wheeler
Main Address
815 E WASHINGTON LANE, PHILADELPHIA, PA, 19138
NTEE Category
Code: S20 - Community improvement
If you are a representative of Mt Airy Transit Village Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.