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Lonsdale Ave Support Corporation

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

EIN: 471790978 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lonsdale Ave Support Corporation?

Lonsdale Ave Support Corporation is a nonprofit entity established in New York City, specifically at 180 Varick Street Suite 1414, with a mission to aid not-for-profit charter school operators in their endeavors to develop new school facilities. The corporation accomplishes this by holding title to properties that will subsequently be transformed into new charter schools. This strategic approach enables charter school operators to focus on educational programs, while Lonsdale Ave Support Corporation ensures the necessary infrastructure is in place.

Is Lonsdale Ave Support Corporation legitimate?

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

The Lonsdale Ave Support Corporation's mission is centered around aiding not-for-profit charter school operators in the construction of new educational facilities. They achieve this by securing property titles, which are later developed into new charter schools. This corporation acts as a facilitator, providing essential infrastructure for the growth and development of charter schools. By doing so, they contribute to the expansion of educational opportunities for students and communities.

What is the revenue of Lonsdale Ave Support Corporation?

Lonsdale Ave Support Corporation's revenue in 2022 was $312,275.

Who are the executives of Lonsdale Ave Support 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 Lonsdale Ave Support Corporation?

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

Mission Statement of Lonsdale Ave Support Corporation

Lonsdale Ave Support Corporation, a nonprofit organization, is dedicated to assisting operators of not-for-profit charter schools in the development of new school facilities. They accomplish this by holding title to property, which is then developed into new charter schools. By taking on this role, Lonsdale Ave Support Corporation provides a valuable service to charter schools, enabling them to focus on their educational mission without the burden of property development. This unique approach allows for the creation of more educational opportunities, thereby contributing to the overall growth and success of the charter school sector.

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Impact




October, 2024

Lonsdale Ave Support Corporation plays a vital role in enhancing educational opportunities by facilitating the development of new charter schools in New York. By holding title to properties specifically designated for school facilities, the organization enables not-for-profit charter school operators to focus on their core mission of providing quality education. This support not only bolsters community improvement by increasing access to educational resources but also promotes the growth of innovative learning environments that cater to diverse student needs. The presence of new charter schools contributes to the overall enrichment of the local community, fostering a conducive atmosphere for both academic and personal development.




This information is meant to be a general summary of Lonsdale Ave 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
$312,275 (2022)
Expenses
$312,473 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $312,275

Assets and Liabilities:

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

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Organization Details

Founding Year

2014

Principal Officer

David Umansky

NTEE Category

Code: S19 - Community improvement

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