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CIVIC CONCOURSE VILLAGE CORPORATION
NEW YORK, NY · EIN 824020174 · Form 990 · FY2024 · NTEE S11 · Community Improvement · Micro (<$100K)
revenue
$0
expenses
$13K
net assets
$10K
employees
0
volunteers
12
program ratio
0%
mission · from form 990

THE CORPORATION WAS FORMED AS A 501(C)(3) 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 SECURE FINANCING, MAKE AN INVESTMENT, LEASE, CONSTRUCT, AND SUBLEASE A CHARTER SCHOOL BUILDING LOCATED AT 757 CONCOURSE VILLAGE WEST, BRONX, NY. CONSTRUCTION WAS COMPLETED AND THE CHARTER SCHOOL SUBTENANT TOOK OCCUPANCY IN 2020. IN 2023 THE CORPORATION SOLD ITS LEASEHOLD INTEREST TO THE CHARTER SCHOOL SUBTENANT AND THE SUBLEASE WAS TERMINATED.

profile · synthesized from sources

CIVIC CONCOURSE VILLAGE CORPORATION is a New York-based nonprofit formed to support the real estate needs of a charter school in the Bronx. It secured financing, constructed, and subleased a school facility at 757 Concourse Village West, which was completed in 2020. The corporation sold its leasehold interest to the charter school tenant in 2023, terminating the sublease.

named programs · 1 · from sources

What they call their work

Charter School Facility Development
Secured financing, constructed, and subleased a charter school building at 757 Concourse Village West, Bronx, NY, completed in 2020
activities · 2 groups

What they do

  • Charter School Facilities Support 1 activity
    • Construction and leasing of charter school facility
      Secured financing, constructed, and subleased a charter school building located at 757 Concourse Village West, Bronx, NY, with occupancy beginning in 2020.
  • Uncategorized 1 activity
    • Sale of leasehold interest in charter school building
      Sold its leasehold interest in the charter school building to the charter school subtenant, resulting in termination of the sublease agreement.
financials · form 990 · fy2024
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue$0—
Investment income$0—
Other revenue$0
expenses
Total expenses$13K
Program expenses0%
Admin / overhead100%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$10K
Cash$10K
Investments$0
Liabilities$0
Net assets$10K
Liquid reserves9.4 mo
4 years on record · 2020–2024 · YoY revenue -100.0%
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 — VICE-CHAIR & TREASURER
  • GENGER CHARLES — DIRECTOR
  • KAHENA JOUBERT — DIRECTOR
  • KEITH RAND — DIRECTOR
  • KHARY BARNES — SECRETARY
  • PAUL WASSERMAN — DIRECTOR
  • RON BEIT — DIRECTOR
  • SHERMAN WHITES — DIRECTOR
  • SIMONE BRODY — CHAIRPERSON
  • SUSIE MILLER CARELLO — DIRECTOR
  • VIPUL TANDON — DIRECTOR
relationships · 1

Who they work with

  • Civic Builders, Inc. Network — Formed to further the charitable purposes of Civic Builders, Inc., a 501(c)(3) organization providing turn-key solutions for charter school real estate needs.