Cultural Equity Realty Trust

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

EIN: 843267148 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is Cultural Equity Realty Trust?

The Cultural Equity Realty Trust, based in Philadelphia, Pennsylvania, is a dedicated nonprofit organization with a mission to preserve and uphold social-benefit real estate that celebrates and nurtures diverse artistic and cultural legacies within the Greater Philadelphia area. As a preservation-oriented real estate developer and steward, it works tirelessly to safeguard and maintain these cultural assets, contributing positively to the region's rich cultural heritage.


Official website here: www.culturalequityphl.org/

Is Cultural Equity Realty Trust legitimate?

Cultural Equity Realty Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cultural Equity Realty Trust 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


Official website here: www.culturalequityphl.org/

What is the mission statement of Cultural Equity Realty Trust?

The Cultural Equity Realty Trust (CERT) serves as a nonprofit, preservation-oriented real estate developer and caretaker in the Greater Philadelphia region. Their mission is centered around saving and maintaining properties that carry significant cultural and artistic heritage, aiming to uphold diversity. This mission is crucial in ensuring that these valuable cultural assets are preserved and continue to contribute to the community.


Official website here: www.culturalequityphl.org/

Who is the CEO of Cultural Equity Realty Trust?

Alexander Hoskins is the President of Cultural Equity Realty Trust.


Official website here: www.culturalequityphl.org/

What is the revenue of Cultural Equity Realty Trust?

Cultural Equity Realty Trust's revenue in 2022 was $207,300.


Official website here: www.culturalequityphl.org/

Who are the executives of Cultural Equity Realty Trust and what are their salaries?


Here are 7 key members and their salaries:


Alexander Hoskins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Othmer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Mitchell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Regina Manidis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Wunsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Lussenhop (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thaddeus Squire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.culturalequityphl.org/

Where can I find the form 990 for Cultural Equity Realty Trust?

Cultural Equity Realty Trust's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.culturalequityphl.org/

Learn more at the official website: www.culturalequityphl.org/

Mission Statement of Cultural Equity Realty Trust

The Cultural Equity Realty Trust (CERT) is a dedicated nonprofit organization with a preservation-focused approach to real estate development and stewardship in the Greater Philadelphia region. At its core, CERT's mission is to safeguard and uphold social-benefit real estate that embodies and fosters diverse artistic and cultural legacies. By saving and sustaining such properties, CERT seeks to contribute positively to the cultural fabric of the community.

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Impact




October, 2024

Cultural Equity Realty Trust (CERT) plays a vital role in preserving and promoting diverse artistic and cultural heritages within the Greater Philadelphia region. By focusing on social-benefit real estate, CERT ensures that spaces significant to various communities are protected and sustained. This preservation not only supports local artists and cultural initiatives but also strengthens community ties by fostering an environment where diverse heritages can thrive.

Through its strategic development and stewardship of culturally important properties, CERT directly impacts the availability of resources and venues for artistic expression, thus enhancing the cultural landscape of Philadelphia. By prioritizing the needs and contributions of underrepresented communities, CERT helps create an inclusive atmosphere that celebrates the rich tapestry of the region's cultural identity, ultimately enriching the lives of residents and visitors alike.




This information is meant to be a general summary of Cultural Equity Realty Trust. 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
$207,300 (2022)
Expenses
$66,684 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $207,300

Assets and Liabilities:

  • Total Assets: $244,196
  • Total Liabilities: $10,904
  • Net Assets: $233,292

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Organization Details

Founding Year

2019

Principal Officer

Alexander Hoskins

Main Address

6370 CHURCH ROAD, Philadelphia, PA, 19151

NTEE Category

Code: A82 - Arts

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