Overview
What is 199 Hunting Park Corporation?
199 Hunting Park Corporation is a nonprofit organization serving the Hispanic community in North Philadelphia, contributing to broader community development initiatives. The corporation owns an 8.01-acre complex situated at 4261 North 5th Street, acquired in December 1999. As of June 30, 2020, the campus housed 301,678 square feet of rentable space, with 252,642 square feet rented and occupied by various nonprofit corporations. Tenants include Nueva Esperanza, Inc., Esperanza Academy Charter School, Esperanza College, Artistas y Musicos Latino Americanos, Philadelphia Works, Inc., and Esperanza Cyber Charter School. The facility is still under construction, with plans to complete a theatre, library, art gallery, chapel, and community meeting space. The corporation primarily leases its real estate property to service-oriented nonprofits within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 64% (Two-Star out of Four Star rating)
199 Hunting Park Corporation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The score is derived solely from its performance in the Accountability & Finance category, which highlights the organization’s fiscal practices. While it excels in certain areas, such as having no material diversion of assets and a strong program expense ratio, other aspects significantly detract from its overall score.
The organization lacks independent board members, which is a critical factor in transparency and governance. With zero independent members on its board, it fails to score any points in this area, raising concerns about oversight and potential conflicts of interest. Additionally, the organization has not posted its tax form on its website, which is a requirement that further limits its score in transparency metrics.
On a positive note, 199 Hunting Park Corporation has robust policies in place, such as conflict of interest and whistleblower policies, that contribute to its accountability framework. However, the lack of independent board oversight and missing financial documentation on its website are significant limitations that the organization will need to address in order to improve its standing and credibility with potential donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is 199 Hunting Park Corporation legitimate?
199 Hunting Park Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 199 Hunting Park 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: $253,688
For more financial information, click here
What is the mission statement of 199 Hunting Park Corporation?
The 199 Hunting Park Corporation serves the Hispanic community in North Philadelphia as a part of broader community development work. As a not-for-profit entity, its primary activity involves owning and operating rental real estate. The corporation mainly leases its properties to various non-profit organizations in the community, including Nueva Esperanza, Inc., Esperanza Academy Charter School, and Eastern North Philadelphia Workforce Development Corporation, among others, for service-oriented businesses. The corporation's mission is to support these organizations in providing essential services to the community.
Who is the CEO of 199 Hunting Park Corporation?
Artemio Rodriguez is the Board Vice Chair of 199 Hunting Park Corporation.
What is the revenue of 199 Hunting Park Corporation?
199 Hunting Park Corporation's revenue in 2022 was $5,665,914.
Who are the executives of 199 Hunting Park Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $344,391
- Other: $77,709
- Compensation: $0
- Related: $230,335
- Other: $46,475
- Compensation: $0
- Related: $167,170
- Other: $21,659
Where can I find the form 990 for 199 Hunting Park Corporation?
199 Hunting Park Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 199 Hunting Park Corporation
The 199 Hunting Park Corporation is a not-for-profit organization that serves the Hispanic community in North Philadelphia as part of broader community development work. Its primary activity revolves around owning and operating rental real estate, which it leases to various community-focused organizations and service businesses. Among its tenants, the corporation houses Nueva Esperanza, Inc., Esperanza Academy Charter School, and the Eastern North Philadelphia Workforce Development Corporation, among others. These non-profits utilize the provided spaces to deliver essential services to the community.
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Impact
October, 2024
199 Hunting Park Corporation plays a vital role in enhancing the Hispanic community in North Philadelphia. By owning and managing a substantial 8.01-acre campus, the organization provides essential rental space primarily to non-profit entities that serve the community. As of June 30, 2020, the complex features over 301,000 square feet of rentable space, with a significant portion already occupied by organizations focused on education, workforce development, and cultural engagement.
Tenants such as Nueva Esperanza, Inc., Esperanza Academy Charter School, and Esperanza College exemplify the corporation’s commitment to education and community empowerment. These organizations create a supportive environment that promotes learning and skill development for residents, addressing critical needs within the community.
The ongoing construction of additional facilities, including a theatre, library, art gallery, chapel, and community meeting spaces, demonstrates the corporation's dedication to fostering a vibrant community hub. By facilitating access to educational resources and cultural experiences, the 199 Hunting Park Corporation significantly contributes to community development and enhances the quality of life for those in the area.
This information is meant to be a general summary of 199 Hunting Park 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,145
- Program Service Revenue: $5,389,500
- Gross Receipts: $5,665,914
Assets and Liabilities:
- Total Assets: $42,224,601
- Total Liabilities: $33,479,829
- Net Assets: $8,744,772
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$5,389,500
Organization Details
Founding Year
2008
Phone
(215) 324-0746Principal Officer
Artemio Rodriguez
Main Address
4261 North 5th Street, Philadelphia, PA, 19140
NTEE Category
Code: B90 - Education
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