Overview
What is Ulec Leverage Inc?
Ulec Leverage Inc is a supporting entity based in New York City, specifically at 80 Pine Street 9th Floor, NY 10005. Their primary role is to facilitate construction financing and aid in the provision of a facility for the National Urban League (NUL), a New York-based nonprofit organization. This facility, located at 117 West 125th Street, New York, NY, will serve as a museum, community spaces, and operational headquarters for NUL. This new complex will enable NUL to operate a civil rights museum, maintain a national headquarters office, and provide a conference center/public meeting space in New York City, furthering their charitable objectives.
Official website here: www.nul.org
Is Ulec Leverage Inc legitimate?
Ulec Leverage Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ulec Leverage Inc 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.nul.org
What is the mission statement of Ulec Leverage Inc?
Ulec Leverage Inc's mission is to facilitate construction financing for a property, specifically for the National Urban League (NUL) to establish a civil rights museum, a national headquarters office space, and a conference center/public meeting space. This facility will support NUL in carrying out its charitable purposes in New York City. Ulec Leverage Inc's role is to provide the necessary financial support to enable the construction and operation of these facilities, contributing to the advancement of NUL's mission. The project aims to provide essential community facilities for NUL to fulfill its charitable objectives.
Official website here: www.nul.org
Who is the CEO of Ulec Leverage Inc?
Marc H Morial is the Board Member of Ulec Leverage Inc.
Official website here: www.nul.org
What is the revenue of Ulec Leverage Inc?
Ulec Leverage Inc's revenue in 2022 was $155,135.
Official website here: www.nul.org
Who are the executives of Ulec Leverage Inc and what are their salaries?
There 1 volunteer at Ulec Leverage Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,139,194
- Other: $69,446
- Compensation: $0
- Related: $337,493
- Other: $67,614
- Compensation: $0
- Related: $148,954
- Other: $13,156
Official website here: www.nul.org
Where can I find the form 990 for Ulec Leverage Inc?
Ulec Leverage Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nul.org
Learn more at the official website: www.nul.org
Mission Statement of Ulec Leverage Inc
Ulec Leverage Inc, a not-for-profit corporation, is dedicated to facilitating construction financing and supporting the real property located at 117 West 125th Street in New York City. The primary objective of Ulec Leverage Inc is to provide a suitable environment for the National Urban League (NUL), another New York-based not-for-profit organization. This environment includes a museum, community facilities, and operating facilities, all intended for NUL to carry out its charitable purpose. The facility will serve as a hub for NUL's activities, featuring a civil rights museum, a national headquarters office space, and a conference center/public meeting space within the city of New York. Ulec Leverage Inc's mission is to contribute to the establishment and operation of a substantial and impactful space for NUL, thereby supporting their mission to uplift communities and advocate for social justice.
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Impact
October, 2024
Ulec Leverage Inc plays a significant role in advancing community development and cultural education in New York City, particularly through the establishment of crucial facilities for the National Urban League (NUL). By facilitating construction financing and supporting the development of real property at 117 West 125th Street, the organization contributes to the creation of a civil rights museum, community facilities, and operational spaces for NUL.
This initiative not only provides a dedicated space for the National Urban League to conduct its activities but also offers the community access to educational resources and cultural programming. The inclusion of a civil rights museum serves an essential purpose in preserving and educating the public about civil rights history, while the conference center and public meeting areas create opportunities for community engagement and discussions on social justice issues.
Overall, Ulec Leverage Inc has a profound impact by fostering community pride, cultural awareness, and social advocacy through its support for these vital facilities. The resources made available through this development help to empower individuals and promote the mission of the National Urban League to enhance the well-being of urban communities.
This information is meant to be a general summary of Ulec Leverage Inc. 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 2022.
- Gross Receipts: $155,135
Assets and Liabilities:
- Total Assets: $13,263,095
- Total Liabilities: $13,037,450
- Net Assets: $225,645
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Organization Details
Founding Year
2020
Phone
(212) 558-5300Principal Officer
Marc H Morial
Main Address
80 PINE STREET 9TH FLOOR, NEW YORK, NY, 10005
Website
www.nul.orgNTEE Category
Code: T11 - Philanthropy
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