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Sub City

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

EIN: 383777239 ✦ Van nuys, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sub City?

Sub City is a nonprofit organization situated in Van Nuys, California. Its primary mission is to collect and disperse financial resources for charitable establishments. This is achieved through the promotion of arts, culture, and humanities programs. Sub City plays a significant role in supporting various charitable institutions by channeling funds derived from these initiatives.


Official website here: www.subcity.net

Is Sub City legitimate?

Sub City is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sub City submitted a form 990EZ, 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.


Official website here: www.subcity.net

What is the mission statement of Sub City?

Sub City's mission is centered around fundraising and distribution for charitable institutions. They achieve this through various initiatives in the realms of arts, culture, and humanities. While the exact details of the charitable causes they support are not specified, it can be inferred that Sub City seeks to contribute to societal betterment through these creative and intellectual avenues. Located in Van Nuys, CA, Sub City leverages these programs to raise funds and distribute them to eligible charitable institutions.


Official website here: www.subcity.net

Who is the CEO of Sub City?

Louis D Posen is the President of Sub City.


Official website here: www.subcity.net

What is the revenue of Sub City?

Sub City's revenue in 2022 was $107,464.


Official website here: www.subcity.net

Who are the executives of Sub City and what are their salaries?


Here are 3 key members and their salaries:


Louis D Posen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Ann Oster (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Posen (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.subcity.net

Where can I find the form 990EZ for Sub City?

Sub City's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.subcity.net

Learn more at the official website: www.subcity.net

Mission Statement of Sub City

Sub City, a nonprofit organization, is dedicated to raising and distributing funds for charitable institutions. It accomplishes this mission through a variety of arts, culture, and humanities programs. By engaging in these activities, Sub City contributes to the betterment of numerous organizations and communities. Located in Van Nuys, CA, this nonprofit organization plays a significant role in supporting various charitable institutions, ultimately contributing to positive change in society.

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Impact




October, 2024

Sub City's impact is centered around raising and distributing funds to support charitable institutions through diverse programs that promote arts, culture, and humanities. By facilitating access to financial resources, Sub City strengthens the community in Van Nuys, CA, fostering creativity and cultural development. The initiative enhances the local arts scene, engaging residents and artists alike, while amplifying the reach and effectiveness of various charitable organizations. This approach not only nurtures artistic expression but also addresses broader social needs, cultivating a vibrant, interconnected community that values and invests in its cultural heritage.




This information is meant to be a general summary of Sub City. 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
$107,464 (2022)
Expenses
$63,638 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $284
  • Gross Receipts: $107,464

Assets and Liabilities:

  • Total Assets: $310,386
  • Total Liabilities: $7,483
  • Net Assets: $302,903

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Organization Details

Principal Officer

Louis D Posen

Main Address

15918 Arminta St, Van Nuys, CA, 91406

NTEE Category

Code: A12 - Arts

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