New Urbana Institute

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

EIN: 845169839 ✦ Mclean, VA ✦ Designated as a 501(c)(3)

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Overview

What is New Urbana Institute?

New Urbana Institute is a nonprofit organization, specifically assessing the potential for Arlington County, Virginia, to finance an alternative broadband internet solution for two economically disadvantaged apartment buildings. The institute further proposes to construct and manage this internet capability itself. Their primary goal is to improve the overall quality of life in urban settings by leveraging technology, as detailed in a description available at the provided link.


Official website here: www.nuinstitute.org

Is New Urbana Institute legitimate?

New Urbana Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Urbana Institute submitted a form 990EZ, 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.


Official website here: www.nuinstitute.org

What is the mission statement of New Urbana Institute?

The New Urbana Institute aims to enhance the quality of life in urban settings by leveraging technology. They conducted an assessment for Arlington County, Virginia, to determine the feasibility of funding an alternative broadband internet capability for two low-income apartment complexes. Subsequently, they proposed building and managing this internet capability for the county. This initiative is part of their mission to utilize technology to positively impact urban communities.


Official website here: www.nuinstitute.org

Who is the CEO of New Urbana Institute?

Michael J Costello is the President of New Urbana Institute.


Official website here: www.nuinstitute.org

What is the revenue of New Urbana Institute?

New Urbana Institute's revenue in 2021 was $60,100.


Official website here: www.nuinstitute.org

Who are the executives of New Urbana Institute and what are their salaries?


Here are 5 key members and their salaries:


Michael J Costello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Riemer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Lenzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dion Rudnicki (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nuinstitute.org

Where can I find the form 990EZ for New Urbana Institute?

New Urbana Institute's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.nuinstitute.org

Learn more at the official website: www.nuinstitute.org

Mission Statement of New Urbana Institute

New Urbana Institute, as per its assessment, aims to enhance the quality of life in urban settings by introducing and managing an alternative broadband internet capability. This initiative is specifically targeted towards two low-income apartment complexes. The institute proposes to construct and operate this internet infrastructure, with the ultimate goal of providing better digital access for these communities. By leveraging technology in this manner, New Urbana Institute seeks to contribute positively to urban living, enhancing connectivity and potentially improving various aspects of daily life for its intended beneficiaries.

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Impact




August, 2024

New Urbana Institute's impact can be seen in their initiative to assess whether Arlington County should fund an alternate broadband internet capability for two low-income apartment complexes. Not only did they propose the idea to Arlington County, but they also took the lead in building and running this internet capability. This program aims to increase the quality of life in urban settings through the use of technology, ultimately contributing to community improvement. Their efforts have the potential to bridge the digital divide and provide vital connectivity to individuals in need, thereby making a tangible difference in the lives of those in low-income areas.




This information is meant to be a general summary of New Urbana Institute. 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
$60,100 (2021)
Expenses
$35,881 (2021)
Efficiency

Other financial information:

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

  • Gross Receipts: $60,100

Assets and Liabilities:

  • Total Assets: $24,219
  • Total Liabilities: $0
  • Net Assets: $24,219

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Organization Details

Principal Officer

Michael J Costello

Main Address

1701 James Payne Circle, McLean, VA, 22101

NTEE Category

Code: S31 - Community improvement

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