2025-07-31T10:47:42-05:00 2024-12-31 112965470 PRESTI & NAEGELE LLC 225 WEST 35TH STREET 5TH FLOOR NEW YORK NY 10001 990 2024-01-01 824888932 COMMUNITAS AMERICA INC COMM 9178386081 461 W 126TH STREET 5W NEW YORK NY 10027 SUNMOON JANG EXECUTIVE DIRECTOR 9178386081 2025-07-30 1 0 ANNEMARIE AGUANNO CPA P00734346 2127360055 2025-07-30 2024 2025-03-06 01:10:19Z SUNMOON JANG 461 W 126TH STREET SUITE 5W NEW YORK NY 10027 1295827 0 X WWW.COMMUNITASAMERICA.ORG X 2018 DE COMMUNITAS AMERICA, A 501(C)(3) NONPROFIT ORGANIZATION, IS DEDICATED TO BUILDING A COMMUNITY-DRIVEN ENTREPRENEURIAL ECOSYSTEM THAT EMPOWERS SMALL BUSINESSES AND ENTREPRENEURS ADVANCING ECONOMIC MOBILITY IN LOW-INCOME COMMUNITIES, PRIMARILY ACROSS NYC. THE ORGANIZATION INVESTS IN AND SUPPORTS ENTREPRENEURS, CHANGEMAKERS, AND GRASSROOTS LEADERS WHO ARE DRIVING POSITIVE CHANGE IN THEIR COMMUNITIES. ITS MISSION-DRIVEN PROGRAMMING INCLUDES AN IMPACT ACCELERATOR, CO-WORKING AND INCUBATOR SPACES, AND OTHER OPPORTUNITIES THAT FOSTER ECONOMIC MOBILITY, INNOVATION, AND GROWTH. 5 5 9 0 0 0 1393723 1294247 0 0 368 210 2860 1370 1396951 1295827 119295 123530 0 0 782536 858798 0 0 139131 956732 1012346 1858563 1994674 -461612 -698847 4378076 3964395 3185038 3186093 1193038 778302 COMMUNITAS AMERICA, A 501(C)(3) NONPROFIT ORGANIZATION, IS DEDICATED TO BUILDING A COMMUNITY-DRIVEN ENTREPRENEURIAL ECOSYSTEM THAT EMPOWERS SMALL BUSINESSES AND ENTREPRENEURS ADVANCING ECONOMIC MOBILITY IN LOW-INCOME COMMUNITIES, PRIMARILY ACROSS NYC. 0 0 1528842 123530 THE ORGANIZATION INVESTS IN AND SUPPORTS ENTREPRENEURS, CHANGEMAKERS, AND GRASSROOTS LEADERS WHO ARE DRIVING POSITIVE CHANGE IN THEIR COMMUNITIES. 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X X 0 0 0 0 0 0 0 0 0 SUNMOON JANG EXECUTIVE DIRECTOR 247201 0 0 0 0 0 0 0 14895 0 262096 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS APPROVES ANY INCREASES IN THE EXECUTIVE DIRECTOR'S SALARY ON AN ANNUAL BASIS. MOON YOON CHUNG FATHER OF BOARD CHAIR OF THE ORGANIZATION THROUGH 12/31/24, KYUNGSUN CHUNG. 800000 CASH DONATION MADE DURING THE YEAR. 0 X LEGAL SERVICES 0 162177 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY THE FINANCE COMMITTEE PRIOR TO THE FILING. THE FINAL FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THE SCHEDULED NEXT BOARD MEETING WHERE IT IS REVIEWED BY ALL THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD CHAIR REVIEWS EXECUTIVE DIRECTOR'S PERFORMANCE ANNUALLY AND ESTABLISHES THE SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART VII, SECTION A BOARD CHAIR KYUNGSUN CHUNG RESIGNED AS OF 12/31/2024. AS OF THE DATE OF THIS FILING, NO REPLACEMENT HAS BEEN APPOINTED.