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Nonprofit · EIN 83-0678232

CIVIC NEW MARKETS SUPPORT CORPORATION II

Tax-exempt · NEW YORK, NY 10014

Financials

$999K$1M2023$999K$1M2024
Revenue Expenses · by fiscal year end
Financials of CIVIC NEW MARKETS SUPPORT CORPORATION II by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$999,050$1,017,080-$18,030$17,072,122$17,589,947-$517,825
December 31, 2023990$999,050$1,030,782-$31,732$17,067,423$17,567,218-$499,795
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$50,000
Program service revenue
$0
Investment income
$949,050
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,233
Program services (functional)
$1,006,796
Management and general (functional)
$10,284

Balance sheet and other

Total assets, start of year
$17,067,423
Total assets, end of year
$17,072,122
Total liabilities, end of year
$17,589,947
Net assets, end of year
-$517,825
Net assets without donor restrictions
-$517,825
Gross receipts
$999,050
Employees
0
Volunteers
2
Year formed
2018
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
FAYE PREMERTREASURER
Trustee or director, Officer
1$0$0$0
RAJEEV BAJAJSECRETARY
Trustee or director, Officer
1$0$0$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID UMANSKYPRESIDENT
Trustee or director, Officer
1$0$510,684$44,658
FAYE PREMERTREASURER
Trustee or director, Officer
1$0$0$0
RAJEEV BAJAJSECRETARY
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
180 VARICK ST RM 1414, NEW YORK, NY 10014-5872
Principal officer (990 for 2024)
DAVID UMANSKY, 180 VARICK STREET - SUITE 1414, NEW YORK, NY 10014
Signed the 990
DAVID UMANSKY, PRESIDENT
Phone
(212) 571-7260
Return prepared by
LUTZ AND CARR CPAS LLP

Mission

THE CORPORATION WAS FORMED AS A 501(C)(3) ORGANIZATION TO BORROW FUNDS AND TO MAKE A LOAN INTO A FINANCING STRUCTURE FOR A CHARTER SCHOOL DEVELOPMENT PROJECT IN THE BRONX, NEW YORK.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE A LOAN TO A CHARTER SCHOOL DEVELOPMENT PROJECT IN NEW YORK.A LOAN WAS MADE INTO A FINANCING STRUCTURE FOR THE DEVELOPMENT FOR A CHARTER SCHOOL DEVELOPMENT PROJECT LOCATED IN THE BRONX, NEW YORK.
    Expenses $1,006,796 · revenue $949,050

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
83-0678232
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$17,072,122
Income (IRS master file)
$999,050

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$999,050$1,017,080$17,072,122XML
990December 2023$999,050$1,030,782$17,067,423XML
990December 2022$958,135$1,046,708$17,060,492IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

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 83-0678232).

Questions about CIVIC NEW MARKETS SUPPORT CORPORATION II

What is the EIN of CIVIC NEW MARKETS SUPPORT CORPORATION II?
The employer identification number (EIN) of CIVIC NEW MARKETS SUPPORT CORPORATION II is 83-0678232.
Is CIVIC NEW MARKETS SUPPORT CORPORATION II tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to CIVIC NEW MARKETS SUPPORT CORPORATION II tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does CIVIC NEW MARKETS SUPPORT CORPORATION II 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 NEW MARKETS SUPPORT CORPORATION II 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 NEW MARKETS SUPPORT CORPORATION II 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 NEW MARKETS SUPPORT CORPORATION II?
The 990 for the year ended December 31, 2024 names DAVID UMANSKY.
Who are the officers and directors of CIVIC NEW MARKETS SUPPORT CORPORATION II?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does CIVIC NEW MARKETS SUPPORT CORPORATION II have?
On its 990 for the year ended December 31, 2024 it reported revenue of $999,050, expenses of $1,017,080 and total assets of $17,072,122 at year end.

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