Overview
What is Uptown Grand Central Corp?
Uptown Grand Central Corp is a 501(c)(3) nonprofit organization situated in New York City, specifically at 1974 Madison Avenue, New York, NY 10035. Their primary mission is to revitalize East 125th Street, turning it into a bustling and prosperous corridor. They achieve this by collaborating with local businesses, residents, and neighborhood organizations in East Harlem. During the COVID-19 pandemic, the organization provided supplemental sanitation services, assisted small businesses with regulations, closures, and financial aid, and managed open-air spaces for community gatherings. They also managed two Open Streets in East Harlem and continued operating a year-round farmers market at the community plaza. With a workforce of around 4 individuals, Uptown Grand Central Corp is committed to enhancing the livelihood of the East Harlem community.
Official website here: www.uptowngrandcentral.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Star rating.
Uptown Grand Central Corp has achieved an impressive Four-Star rating from Charity Navigator, indicating strong performance in financial accountability and transparency. The organization’s overall score is based solely on its Accountability & Finance metrics, where it also scored 92%. This high rating reflects a commitment to responsible financial practices, including a low liabilities to assets ratio of 9.59% and an excellent program expense ratio of 85.69%.
The organization demonstrates effective governance with a fully independent board consisting of 12 members, scoring a perfect 8 out of 8 points for independent board members. It also adheres to best practices by having comprehensive policies in place, including conflict of interest and whistleblower policies. Furthermore, the organization maintains transparency by documenting board meeting minutes and ensuring its financial statements are subject to review or compilation.
While Uptown Grand Central Corp showcases notable strengths in governance and financial management, it is important for potential donors to consider the impact of its programs. However, the available data suggests that the organization is well-managed and dedicated to its mission, making it a strong contender for philanthropic support.
This AI summary has been generated from information found on Charity Navigator.
Is Uptown Grand Central Corp legitimate?
Uptown Grand Central Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Uptown Grand Central Corp 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
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Other Salaries and Wages: $80,228
For more financial information, click here
Official website here: www.uptowngrandcentral.org
What is the mission statement of Uptown Grand Central Corp?
Uptown Grand Central Corp, a 501(c)(3) nonprofit organization, is committed to transforming a specific corridor into a thriving area. They achieve this by collaborating with various entities, including small businesses, residents, and neighborhood organizations. The organization's primary goal is to revitalize the area, working closely with local businesses to navigate regulations and access financial aid. In addition, they create open-air spaces for community gatherings and manage Open Streets events. Their activities also include providing supplemental sanitation services and hosting a year-round farmers market in a community plaza.
Official website here: www.uptowngrandcentral.org
Who is the CEO of Uptown Grand Central Corp?
Carolyn King is the Secretary of Uptown Grand Central Corp.
Official website here: www.uptowngrandcentral.org
What is the revenue of Uptown Grand Central Corp?
Uptown Grand Central Corp's revenue in 2021 was $641,706.
Official website here: www.uptowngrandcentral.org
Who are the executives of Uptown Grand Central Corp and what are their salaries?
The average compensation at Uptown Grand Central Corp during 2021 was $20,057. There are 4 employees and 100 volunteers at Uptown Grand Central Corp.
Here are 13 key members and their salaries:
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Official website here: www.uptowngrandcentral.org
Where can I find the form 990 for Uptown Grand Central Corp?
Uptown Grand Central Corp's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.uptowngrandcentral.org
Learn more at the official website: www.uptowngrandcentral.org
Mission Statement of Uptown Grand Central Corp
Uptown Grand Central Corp, a 501(c)(3) nonprofit organization, is dedicated to transforming East 125th Street into a thriving corridor. This transformation is achieved through collaborations with local small businesses, residents, and neighborhood organizations across East Harlem. Uptown Grand Central Corp's mission is to revitalize the area, making it a vibrant and lively space for the community.
The nonprofit's efforts are multifaceted. They provide supplemental sanitation services along East 125th Street seven days a week, ensuring the area remains clean and inviting. Uptown Grand Central Corp also supports local small businesses by offering guidance on regulations, closures, and available financial aid. They also provide essential resources such as masks and sanitizer during challenging times.
Moreover, Uptown Grand Central Corp takes on the initiative of creating open-air spaces for the community to gather. They assume management of two Open Streets in East Harlem, in addition to a community plaza at 125th Street & Park Avenue that hosts a year-round farmers market. These initiatives not only contribute to the revitalization of East 125th Street but also provide opportunities for the community to come together and engage in local activities.
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Impact
July, 2024
Uptown Grand Central Corp's impact is evident in the transformation of East 125th Street into a thriving corridor through collaborations with small businesses, residents, and neighborhood organizations across East Harlem. The organization's Positive Workforce Clean Team ensures supplemental sanitation along the corridor seven days a week, enhancing the cleanliness and attractiveness of the area. Additionally, Uptown Grand Central Corp provides valuable support to local small businesses, assisting with regulations, closures, financial aid, and resources to navigate challenges brought on by the pandemic.
Moreover, the organization's initiatives, such as creating open-air spaces for the community to gather and managing Open Streets in East Harlem, contribute to a vibrant and inclusive community environment. By maintaining a community plaza that hosts a year-round farmers market, Uptown Grand Central Corp fosters economic opportunities and community engagement.
Overall, Uptown Grand Central Corp's dedication to revitalizing East 125th Street brings about positive social, economic, and environmental impacts that benefit residents and small businesses in the neighborhood.
This information is meant to be a general summary of Uptown Grand Central Corp. 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 2021.
- Gross Receipts: $641,706
Assets and Liabilities:
- Total Assets: $378,570
- Total Liabilities: $36,326
- Net Assets: $342,244
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Organization Details
Founding Year
2016
Phone
(212) 457-1254Principal Officer
Carolyn King
Main Address
1974 MADISON AVENUE, NEW YORK, NY, 10035
Website
www.uptowngrandcentral.orgNTEE Category
Code: P20 - Human services
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