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Civic Broad Street Corporation

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

EIN: 463886327 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Civic Broad Street Corporation?

Civic Broad Street Corporation is a nonprofit organization situated in New York City, specifically at 180 Varick Street Suite 1414, New York, NY 10014. Their primary purpose is to aid not-for-profit charter school operators in expanding their educational facilities. They achieve this by constructing new charter schools, taking ownership of the property that will eventually become these educational institutions. By doing so, they contribute to the growth and development of the charter school sector, providing much-needed educational spaces for students.

Is Civic Broad Street Corporation legitimate?

Civic Broad Street Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Civic Broad Street 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 Civic Broad Street Corporation?

The Civic Broad Street Corporation's mission is to aid not-for-profit charter school operators in the construction of new school facilities. To accomplish this, the corporation holds title to property that will be developed into new charter schools. This organization was established with the purpose of providing assistance in the development of new school facilities for charter schools, thereby contributing to the educational sector. By constructing new charter schools, the corporation provides a physical space for these educational institutions, thereby supporting the growth and expansion of educational opportunities for students.

Who is the CEO of Civic Broad Street Corporation?

David Umansky is the President of Civic Broad Street Corporation.

What is the revenue of Civic Broad Street Corporation?

Civic Broad Street Corporation's revenue in 2021 was $5,570,438.

Who are the executives of Civic Broad Street Corporation and what are their salaries?


Here are 3 key members and their salaries:


David Umansky (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Buccola (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Chiappetta (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Civic Broad Street Corporation?

Civic Broad Street Corporation's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Civic Broad Street Corporation

Civic Broad Street Corporation, a notable entity, is committed to assisting not-for-profit charter school operators in the development of new school facilities. The corporation achieves this objective by holding title to property that will eventually be transformed into new charter schools. In essence, the corporation serves as a catalyst, providing the necessary infrastructure for charter schools to flourish and cater to the educational needs of their communities. By constructing new charter schools, Civic Broad Street Corporation contributes significantly to the expansion of educational opportunities, thereby enabling these institutions to make a positive impact on their students' lives.

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Impact




October, 2024

Civic Broad Street Corporation plays a crucial role in enhancing the educational landscape in New York City by facilitating the development of new charter school facilities. Its mission centers on supporting not-for-profit charter school operators, ensuring they have the necessary resources to construct and maintain effective learning environments. By holding title to properties designated for these schools, the organization streamlines the process of establishing educational institutions that meet the needs of local communities.

The impact of Civic Broad Street Corporation extends beyond the physical construction of school facilities; it emphasizes the importance of accessible and quality education for children in the area. By enabling the growth of charter schools, the corporation contributes to increased educational options, fosters innovation in teaching methodologies, and promotes academic achievement among students. This effort not only supports the schools but also benefits families and neighborhoods, creating a stronger, more educated community overall.




This information is meant to be a general summary of Civic Broad Street 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
$5,570,438 (2021)
Expenses
$5,373,713 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $143,088
  • Gross Receipts: $5,570,438

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RENTAL INCOME

Revenue

$143,088

Organization Details

Founding Year

2013

Principal Officer

David Umansky

Main Address

180 VARICK STREET SUITE 1414, NEW YORK, NY, 10014

NTEE Category

Code: B11 - Education

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