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CIVIC PROPERTIES INC - LONGFELLOW
NEW YORK, NY · EIN 205889085 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$879K
expenses
$643K
net assets
$-4.2M
employees
0
volunteers
12
program ratio
98%
mission · from form 990

THE CORPORATION WAS FORMED AS A 501(C)(2) ORGANIZATION FOR THE PURPOSE OF FURTHERING THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC., A 501(C)(3) ORGANIZATION THAT PROVIDES TURN-KEY SOLUTIONS FOR CHARTER SCHOOL REAL ESTATE NEEDS. SPECIFICALLY, THIS CORPORATION WAS FORMED TO HOLD TITLE FOR THE SCHOOL BUILDING LOCATED AT 950 LONGFELLOW AVENUE, BRONX, NY WHICH IS LEASED TO THE BRONX CHARTER SCHOOL FOR THE ARTS.

profile · synthesized from sources

CIVIC PROPERTIES INC - LONGFELLOW is a 501(c)(2) organization established to support the charitable mission of Civic Builders, Inc. It holds title to a school building at 950 Longfellow Avenue in the Bronx, New York, which is leased to the Bronx Charter School for the Arts. The organization's primary function is real estate stewardship for charter school facilities.

named programs · 1 · from sources

What they call their work

School Facility Ownership
Holds title to school buildings and leases them to charter schools, starting with the Bronx Charter School for the Arts at 950 Longfellow Avenue
activities · 1 group

What they do

  • Charter School Facilities Support 1 activity
    • Owns and leases school building to charter school
      Holds title to the school building at 950 Longfellow Avenue, Bronx, NY, and leases it to the Bronx Charter School for the Arts.
financials · form 990 · fy2024
revenue
Total revenue$879K
Contributions & grants$00%
Program service revenue$879K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$643K
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.77M
Cash$572K
Investments$0
Liabilities$7.98M
Net assets$-4.21M
Liquid reserves10.7 mo
5 years on record · 2020–2024 · YoY revenue +10.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
DAVID UMANSKY PRESIDENT 1 $560K
board members · 12
  • ALAN SAGE — DIRECTOR
  • DAVID LOO — SECRETARY & TREASURER
  • GENGER CHARLES — DIRECTOR
  • KAHENA JOUBERT — DIRECTOR
  • KEITH RAND — DIRECTOR
  • KHARY BARNES — DIRECTOR
  • PAUL WASSERMAN — DIRECTOR
  • RON BEIT — DIRECTOR
  • SHERMAN WHITES — DIRECTOR
  • SIMONE BRODY — VICE PRESIDENT & VICE CHAI
  • SUSIE MILLER CARELLO — DIRECTOR
  • VIPUL TANDON — DIRECTOR
relationships · 2

Who they work with

  • Bronx Charter School for the Arts Partner — Leaseholder of the school building owned by CIVIC PROPERTIES INC - LONGFELLOW
  • Civic Builders, Inc. Network — 501(c)(3) organization whose charitable purposes are furthered by CIVIC PROPERTIES INC - LONGFELLOW
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Real Estate Holding for Charter Schools
    methodology: real_estate_holding_for_charity
    By holding property titles for charter schools through a 501(c)(2) structure, ensures long-term affordability and control of educational facilities, enabling stable operations and mission alignment for partner schools.