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Nonprofit · EIN 81-3150380

CIVIC NYC FUND INC

Tax-exempt · NEW YORK, NY 10014

Financials

$1.1M$696K2023$4.8M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of CIVIC NYC FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,827,803$3,537,493$1,290,310$95,533,422$88,628,488$6,904,934
December 31, 2023990$1,061,511$695,594$365,917$92,403,212$86,788,588$5,614,624
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$4,394,380
Investment income
$433,423
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$71,150
Occupancy
$786
Depreciation
$1,452,012
Program services (functional)
$3,461,838
Management and general (functional)
$75,655

Balance sheet and other

Total assets, start of year
$92,403,212
Total assets, end of year
$95,533,422
Total liabilities, end of year
$88,628,488
Net assets, end of year
$6,904,934
Land, buildings and equipment
$75,313,661
Net assets without donor restrictions
$6,523,550
Net assets with donor restrictions
$381,384
Gross receipts
$4,827,803
Employees
0
Volunteers
12
Year formed
2016
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID UMANSKYPRESIDENT
Trustee or director, Officer
1$0$511,977$47,701
DAVID LOOSECRETARY & TREASURER
Trustee or director, Officer
1$0$0$0
ALAN SAGEDIRECTOR
Trustee or director
1$0$0$0
KHARY BARNESDIRECTOR
Trustee or director
1$0$0$0
RON BEITDIRECTOR
Trustee or director
1$0$0$0
SIMONE BRODYVICE PRESIDENT
Trustee or director, Officer
1$0$0$0
GENGER CHARLESDIRECTOR
Trustee or director
1$0$0$0
SUSIE MILLER CARELLODIRECTOR
Trustee or director
1$0$0$0
KEITH RANDDIRECTOR
Trustee or director
1$0$0$0
VIPUL TANDONDIRECTOR
Trustee or director
1$0$0$0
KAHENA JOUBERTDIRECTOR
Trustee or director
1$0$0$0
PAUL WASSERMANDIRECTOR
Trustee or director
1$0$0$0
SHERMAN WHITESDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationOther / benefits
DAVID UMANSKYPRESIDENT
Trustee or director, Officer
1$510,684$44,658
SIMONE BRODYVICE PRESIDENT
Trustee or director, Officer
1$0$0
DAVID LOOSECRETARY & TREASURER
Trustee or director, Officer
1$0$0
KHARY BARNESDIRECTOR
Trustee or director
1$0$0
RON BEITDIRECTOR
Trustee or director
1$0$0
BRAHM CRAMERDIRECTOR
Trustee or director
1$0$0
GENGER CHARLESDIRECTOR
Trustee or director
1$0$0
ALAN SAGEDIRECTOR
Trustee or director
1$0$0
SUSIE MILLER CARELLODIRECTOR
Trustee or director
1$0$0
KEITH RANDDIRECTOR
Trustee or director
1$0$0
J DAVID SWEENYDIRECTOR
Trustee or director
1$0$0
VIPUL TANDONDIRECTOR
Trustee or director
1$0$0
EBEN ELLERTSONDIRECTOR THRU DEC 2023
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
180 VARICK ST RM 1414, NEW YORK, NY 10014-5872
In care of
% CIVIC BUILDERS INC
Mailing address (990-N for 2016)
304 HUDSON STREET NO 301, NEW YORK NY 10013
Principal officer (990 for 2024)
DAVID UMANSKY, 180 VARICK STREET - SUITE 1414, NEW YORK, NY 10014
Principal officer (990-N for 2016)
DAVID UMANSKY, 304 HUDSON STREET SUITE 301, NEW YORK NY 10013
Signed the 990
DAVID UMANSKY, PRESIDENT
Phone
(212) 571-7260
Return prepared by
MITCHELL & TITUS LLP

Mission

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 BORROW FUNDS AND TO MAKE LOANS AND INVESTMENTS INTO CHARTER SCHOOL DEVELOPMENT PROJECTS IN NEW YORK.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE LOANS AND INVESTMENTS TO CHARTER SCHOOLS DEVELOPMENT PROJECTS IN NEW YORKAN INVESTMENT WAS MADE INTO A CHARTER SCHOOL DEVELOPMENT PROJECT LOCATED AT 2390 PITKIN AVENUE, BROOKLYN, NY. CONSTRUCTION OF THIS PROJECT IS SCHEDULED TO BE COMPLETE IN 2023.
    Expenses $3,461,838 · revenue $4,827,803

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-3150380
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$95,533,422
Income (IRS master file)
$4,827,803

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,827,803$3,537,493$95,533,422IRS
990December 2023$1,061,511$695,594$92,403,212XML
990December 2022$257,310$238,527$44,353,143IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990-N for 2016
Officer: DAVID UMANSKY
December 31, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-3150380).

Questions about CIVIC NYC FUND INC

What is the EIN of CIVIC NYC FUND INC?
The employer identification number (EIN) of CIVIC NYC FUND INC is 81-3150380.
Is CIVIC NYC FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to CIVIC NYC FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CIVIC NYC FUND INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CIVIC NYC FUND INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CIVIC NYC FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of CIVIC NYC FUND INC?
The 990 for the year ended December 31, 2024 names DAVID UMANSKY.
Who are the officers and directors of CIVIC NYC FUND INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does CIVIC NYC FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,827,803, expenses of $3,537,493 and total assets of $95,533,422 at year end.

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