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Pmc Support Corporation

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

EIN: 383989912 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Pmc Support Corporation?

Pmc Support Corporation is a nonprofit organization situated in Los Angeles, California. Its primary mission is to support educational institutions, specifically charter schools, by leasing, owning, and managing their facilities. This corporation's work aims to facilitate the development of charter schools and provide operational and other support to these educational institutions. Moreover, Pmc Support Corporation assists philanthropists and foundations in expanding the presence of high-quality charter schools and helps secure funding for these initiatives. The organization is also engaged in activities that further its public and charitable purposes or contribute to any other charitable causes.

Is Pmc Support Corporation legitimate?

Pmc Support Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pmc Support 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 Pmc Support Corporation?

Pmc Support Corporation's mission is centered around supporting charter schools. Specifically, it aims to lease, own, and manage facilities for Ednovate, Inc., an educational institution. The corporation also facilitates the development of new charter schools and provides operational and other support to existing ones. Furthermore, it assists philanthropists and foundations in promoting the growth of high-quality charter schools. Lastly, Pmc Support Corporation may engage in activities related to its charitable purposes, or participate in other charitable activities.

Who is the CEO of Pmc Support Corporation?

Robert Kane is the Chair/Director of Pmc Support Corporation.

What is the revenue of Pmc Support Corporation?

Pmc Support Corporation's revenue in 2022 was $3,611,679.

Who are the executives of Pmc Support Corporation and what are their salaries?

There 3 volunteers at Pmc Support Corporation.


Here are 3 key members and their salaries:


Robert Kane (Chair/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Stevens (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Wong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pmc Support Corporation?

Pmc Support Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pmc Support Corporation

Pmc Support Corporation, a nonprofit organization, is dedicated to supporting Ednovate, Inc. by leasing, owning, and managing charter school facilities. Its mission extends beyond this, as it also aims to operate and maintain an educational institution, facilitate the development of charter schools, and provide operational and other support to these schools. The corporation assists philanthropists and foundations in accelerating the growth of high-quality charter schools, and it can engage in any activities that are reasonably related to or in furtherance of its stated public and charitable public purposes. Furthermore, Pmc Support Corporation may participate in any other charitable activities. Overall, the organization's primary goal is to contribute to the success of charter schools and further educational opportunities.

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Impact




October, 2024

Pmc Support Corporation plays a crucial role in enhancing educational opportunities by managing and operating facilities specifically designed for charter schools. Located in Los Angeles, California, its primary focus is on the development and sustainable operation of these institutions. By leasing, owning, and managing facilities, Pmc Support Corporation provides essential infrastructure that supports high-quality education.

The organization facilitates the growth of charter schools, ensuring that they have the physical spaces necessary for effective learning environments. In addition, Pmc Support Corporation offers operational support to these schools, helping them to thrive and maintain standards of excellence. Their mission extends further by assisting philanthropists and foundations, thereby accelerating the establishment of superior charter schools through strategic partnerships and funding opportunities.

Moreover, by obtaining and managing charter school financing, Pmc Support Corporation contributes to the overall ecosystem of educational development, ensuring that schools are adequately funded and equipped to serve their communities. Their efforts have a lasting impact on the educational landscape, promoting academic achievement and accessibility in the areas they serve.




This information is meant to be a general summary of Pmc Support 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
$3,611,679 (2022)
Expenses
$3,676,818 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,365
  • Program Service Revenue: $2,963,469
  • Gross Receipts: $3,611,679

Assets and Liabilities:

  • Total Assets: $60,530,042
  • Total Liabilities: $57,129,319
  • Net Assets: $3,400,723

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Programs

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

RENTAL INCOME

Revenue

$2,963,469

Organization Details

Founding Year

2015

Principal Officer

Robert Kane

Main Address

350 S FIGUEROA ST 250, LOS ANGELES, CA, 90071

NTEE Category

Code: B11 - Education

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