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UNCOMMON LENDER INC
NEW YORK, NY · EIN 263594129 · Form 990 · FY2024 · NTEE B82 · Education · Large ($10M-$50M)
revenue
$12.7M
expenses
$6.4M
net assets
$51.6M
employees
0
volunteers
2
program ratio
100%
mission · from form 990

TO SUPPORT UNCOMMON SCHOOLS, INC.'S REAL ESTATE AND OTHER ACTIVITIES BY PROVIDING SUBORDINATE DEBT AND EQUITY THROUGH LOANS, GRANTS, LOAN PARTICIPATION PURCHASES AND EQUITY CONTRIBUTIONS.

profile · synthesized from sources

UNCOMMON LENDER INC is a New York-based organization that supports Uncommon Schools, Inc. by providing subordinate debt, equity, and financial instruments such as loans and grants. Its primary purpose is to assist with real estate and operational activities for the affiliated education network. The organization operates as a financial conduit to further educational initiatives within the Uncommon Schools system.

named programs · 2 · from sources

What they call their work

Real Estate Financing Support
Provides loans and equity contributions to support Uncommon Schools, Inc.'s real estate activities and long-term facility needs
Subordinate Debt Program
Offers subordinate debt financing to strengthen the financial infrastructure of Uncommon Schools, Inc.
activities · 1 group

What they do

  • Private K–12 School Support 1 activity
    • Funding real estate and operational activities for Uncommon Schools, Inc.
      Provides subordinate debt, equity, and grants to support Uncommon Schools, Inc.'s real estate and other operational needs through loans, loan participation purchases, and equity contributions.
financials · form 990 · fy2024
revenue
Total revenue$12.69M
Contributions & grants$00%
Program service revenue$11.41M90%
Investment income$00%
Other revenue$1.29M
expenses
Total expenses$6.41M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$180.39M
Cash$7.06M
Investments$160.07M
Liabilities$128.80M
Net assets$51.58M
Liquid reserves313.0 mo
6 years on record · 2019–2024 · YoY revenue +5.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
BRETT PEISER DIRECTOR/CO-CEO 1 $738K
JOHN POWELL CFO 1 $329K
PEGGY LIAO SENIOR DIRECTOR, FP&A 1 $205K
board members · 2
  • NORMAN ATKINS — DIRECTOR
  • ROBERT MARCUS — DIRECTOR
relationships · 1

Who they work with

  • Uncommon Schools, Inc. Partner — Provides financial support for real estate and other activities through loans, grants, loan participation purchases, and equity contributions.
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.