2018-11-13T10:44:03-06:00 2017-12-31 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2017-01-01 043635313 CIVIC BUILDERS INC CIVI 2125717260 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 DAVID UMANSKY CHIEF EXECUTIVE OFFICER 2125717260 2018-11-08 1 DONALD SHAEFITZ P00449034 2126972299 38.142.140.186 2018-11-08 09:35:12 ES P 7EE24DDEAA34AFAE9DF92C3D2672F42BD3DA974D B14330CB1EFA6BCB38C3B01E9BB5A287CF222DBC 2017 2019-02-21 02:37:17Z DAVID UMANSKY 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 9969861 0 X WWW.CIVICBUILDERS.ORG X 2002 NY SINCE 2002, CIVIC BUILDERS, INC. (CIVIC) HAS WORKED TO OVERCOME THE MAJOR (CONTINUED ON SCHEDULE O)HURDLE OF AFFORDABLE, LONG TERM FACILITY REAL ESTATE SOLUTIONS FOR CHARTER SCHOOLS. CIVIC BUILDS AND LENDS TO CHARTER SCHOOLS WHICH PROVIDE IMMEDIATE AND MUCH NEEDED ACADEMIC OPTIONS IN SOME OF THE POOREST NEIGHBORHOODS.2017 HAS BEEN A VERY PRODUCTIVE YEAR FOR CIVIC.CIVIC COMPLETED CONSTRUCTION FOR THE GREAT OAKS NEWARK CHARTER SCHOOL.CIVIC BEGAN CONSTRUCTION FOR THE BRILLA VERITAS CHARTER SCHOOL.CIVIC CONTINUED CONSTRUCTION FOR THE BLACKSTONE VALLEY PREP HIGH SCHOOL. 10 9 20 10 0 0 4140278 2983799 3811370 3609359 875045 904621 272669 2472082 9099362 9969861 25500 934556 0 0 1919959 2591452 0 0 176215 3790559 4750964 5736018 8276972 3363344 1692889 57276917 57726814 19460128 18335264 37816789 39391550 X CIVIC BUILDERS, INC. IS A NON-PROFIT FACILITIES DEVELOPER THAT PROVIDES TURN-KEY SOLUTIONS FOR CHARTER SCHOOL REAL ESTATE NEEDS. THE ORGANIZATION HELPS CREATE AN ENVIRONMENT THAT ATTRACTS NEW GOVERNMENT, PHILANTHROPIC, AND COMMERCIAL FUNDS FOR THE CREATION OF NEW CHARTER SCHOOL REAL ESTATE. 0 0 7587442 934556 3609359 PROVIDE TURN-KEY REAL ESTATE SOLUTIONS FOR CHARTER SCHOOLS:IN 2017, CIVIC COMPLETED 1 PROJECT ON-TIME AND ON-BUDGET THAT CREATED 36,400 SQUARE FEET FOR 400 STUDENTS IN NEWARK, NJ.IN ADDITION, CIVIC BEGAN OR CONTINUED CONSTRUCTION ON 2 PROJECTS THAT WILL CREATE 71,564 SQUARE FEET FOR 790 CHARTER SCHOOL STUDENTS IN NEW YORK CITY AND CUMBERLAND RHODE ISLAND. 7587442 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 22 0 1 20 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X THE ORGANIZATION 2125717260 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 DAVID UMANSKY CEO 40.00 X X 390473 0 30821 BRAHM CRAMER CHAIRMAN 1.00 X X 0 0 0 DAVID LOO VICE CHAIR AND TREASURER 1.00 X X 0 0 0 MARY CORCORAN SECRETARY 1.00 X X 0 0 0 MARK VAN BRUNT BOARD MEMBER 1.00 X 0 0 0 COURTNEY HALL BOARD MEMBER 1.00 X 0 0 0 JENNIFER HUTTER BOARD MEMBER 1.00 X 0 0 0 BAPI MAITRA BOARD MEMBER 1.00 X 0 0 0 DAVID J SWEENY BOARD MEMBER 1.00 X 0 0 0 VIPUL TANDON BOARD MEMBER 1.00 X 0 0 0 ANNIE TIRSCHWELL BOARD MEMBER 4.00 X 0 0 0 FRANK BUCCOLA CHIEF FINANCIAL OFFICER 40.00 X 138847 0 2923 GABRIELLE WYATT CHIEF STRATEGY OFFICER 40.00 X 185902 0 14021 LEONARD DYMOND PROJECT EXECUTIVE 40.00 X 185460 0 39323 ALEJANDRO TRIANA PROJECT EXECUTIVE 40.00 X 116918 0 14693 ANGELA GUERRERO INVESTMENT ASSOCIATE 40.00 X 116918 0 14693 1134518 0 116474 8 0 1 0 UNITED FUND ADVISORS LLC 1455 NW IRVING STREET SUITE 590 PORTLAND OR 97209 FINANCE 1000000 HIRSCHEN SINGER & EPSTEIN LLP 902 BROADWAY 13TH FL NEW YORK NY 10010 LEGAL 221982 WILLKIE FARR & GALLAGHER LLP 787 SEVENTH AVENUE NEW YORK NY 10019 LEGAL 213923 MILES & STOCKBRIDGE PC 100 LIGHT STREET BALTIMORE MD 21202 LEGAL 100674 PARKHILL PLANNING DEVELOPMENT LLC 35 WALDORF COURT BROOKLYN NY 11230 CONSULTING 100400 5 2983799 2983799 RENTAL INCOME 531120 3240447 3240447 DEVELOPMENT FEES 531390 368912 368912 3609359 904621 904621 SPONSOR FEES 999999 2000000 2000000 OTHER INCOME 999999 472082 472082 2472082 9969861 3609359 0 3376703 X 924556 924556 10000 10000 987770 758874 114448 114448 1256698 1126084 130029 585 208647 175659 25366 7622 138337 116203 15217 6917 71558 70760 798 91465 21048 52812 17605 1399441 1314055 85386 3226 3226 125886 105860 13768 6258 1895445 1850727 30744 13974 111594 93739 12275 5580 671014 671014 268101 257161 10940 93481 71949 21532 NON RECOVERABLE PREDEVE 14346 14346 BAD DEBT EXPENSE 5407 5407 8276972 7587442 513315 176215 4480455 4643629 4769706 3664131 1200105 1083056 488797 867712 20105897 15194360 118661 119919 6986259 2617050 4634552 4369209 15588716 18850038 5099832 6484358 790196 2450402 57276917 57726814 209864 220271 840000 17887587 15912166 1362677 1362827 19460128 18335264 X 26511934 29039847 11304855 10351703 37816789 39391550 57276917 57726814 X 1692889 -17191 -100937 X 0 1 X 1 1 1 X 1980771 2080889 1670715 4140278 2983799 12856452 1980771 2080889 1670715 4140278 2983799 12856452 6321038 6535414 2496277 2792484 2920665 3176872 4145068 15531366 146872 99349 217154 272669 472083 1208127 29595945 9174589 0.22080 0.27580 X CIVIC BUILDER'S PERCENTAGE OF PUBLIC SUPPORT IS 22.08%. THE ORGANIZATION DOES NOT QUALIFY AS PUBLICLY SUPPORTED UNDER THE 33 1/3% TEST. HOWEVER, IT HAS A SOLICITATION PLAN FOR ATTRACTING PUBLIC SUPPORT AND A BROAD REPRESENTATIVE GOVERNING BODY; AND ITS PROGRAM SERVICES DIRECTLY BENEFIT THE GENERAL PUBLIC. THEREFORE, IT QUALIFIES AS A PUBLIC CHARITY UNDER THE FACTS AND CIRCUMSTANCES TEST OF IRC SEC. 170(B)(1)(A)(VI). 6652103 2415292 4236811 201312 180189 21123 132844 21569 111275 4369209 INVESTMENT IN CIVIC BUILDERS PROPERTY HOLDING CORP. 21000 C INVESTMENT IN NEW MARKETS TAX CREDIT ENTITIES. 7615 C INVESTMENT IN CIVIC RI CENTRAL FALLS CHARTER I, LLC 5086117 C INVESTMENT IN CIVIC HUNTS POINT AVE CHARTER CORP. 100 C INVESTMENT IN CIVIC NYC FUND 1369526 C 6484358 SECURITY DEPOSITS 1188543 FISCAL AGENT 50000 DEFERRED RENT 124284 1362827 1 BUILDING EQUITY INITIATIVE INC 822116378 501(C)(3) 840000 FMV GENERAL OPERATING CIVIC NEW MARKETS SUPPORT CORPORATION I 462994673 501(C)(3) 50000 FMV GENERAL OPERATING GREAT OAKS NEWARK PROPERTY CORPORATION 475680367 501(C)(3) 20000 FMV GENERAL OPERATING BUFFALO STATE UNIVERSITY 161514621 501(C)(3) 5000 FMV SCHOLARSHIP AWARDS DEPAUW UNIVERSITY 350869045 501(C)(3) 5000 FMV SCHOLARSHIP AWARDS 5 SCHOLARSHIP AWARDS 2 10000 FMW PART I, LINE 2: GRANTS MADE ARE FOR RECIPIENT ORGANIZATION'S GENERAL OPERATING EXPENSES OR SCHOLARSHIP AWARDS GIVEN. X X 0 0 0 0 0 0 0 0 0 DAVID UMANSKY CEO 276389 0 114084 0 0 0 0 0 30821 0 421294 0 0 0 GABRIELLE WYATT CHIEF STRATEGY OFFICER 145902 0 40000 0 0 0 0 0 14021 0 199923 0 0 0 LEONARD DYMOND PROJECT EXECUTIVE 160740 0 24720 0 0 0 0 0 39323 0 224783 0 0 0 CIVIC NEW MARKETS SUPPORT CORPORATION I DAVID UMANSKY IS ALSO THE PRESIDENT OF THIS ORGANIZATION 50000 CIVIC BUILDERS, INC. PROVIDED AN OPERATING GRANT TO CNMSC DURING 2017 0 LONSDALE AVE SUPPORT CORPORATION DAVID UMANSKY IS ALSO THE PRESIDENT OF THIS ORGANIZATION 71046 LONSDALE PROVIDED AN OPERATING GRANT TO CIVIC BUILDERS, INC. DURING 2017 0 GREAT OAKS NEWARK PROPERTY CORPORATION DAVID UMANSKY IS ALSO THE PRESIDENT OF THIS ORGANIZATION 182328 GREAT OAKS NEWARK PAID DEVELOPMENT FEES TO CIVIC BUILDERS, INC. DURING 2017 0 GREAT OAKS NEWARK PROPERTY CORPORATION DAVID UMANSKY IS ALSO THE PRESIDENT OF THIS ORGANIZATION 20000 CIVIC BUILDERS, INC. PROVIDED AN OPERATING GRANT TO GREAK OAKS DURING 2017 0 FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC DRAFT OF THE 990 IS E-MAILED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED AT THE LAST MEETING OF THE BOARD EACH CALENDAR YEAR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD APPROVES CEO AND KEY EMPLOYEE'S SALARIES AND OBJECTIVE BASED BONUSES ON AN ANNUAL BASIS. THE BOARD UTILIZES COMPARATIVE SALARIES IN ORDER TO MAKE THEIR DETERMINATION. THE BOARD LAST PASSED A MOTION ON THESE ITEMS DURING THE 12/7/2017 BOARD MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 1,300,256. MANAGEMENT AND GENERAL EXPENSES 10,950. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,311,206. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 13,799. MANAGEMENT AND GENERAL EXPENSES 74,436. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,235. FORM 990, PART XI, LINE 9: DISTRIBUTION TO CIVIC BUILDERS, INC. 3,003,199. LOAN FORGIVENESS -3,104,136. 1818 CIVIC LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 262355942 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 2710447 4815664 CIVIC BUILDERS INC 35 W 124TH STREET LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 270412253 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 6967 187315 CIVIC BUILDERS INC CIVIC 732 HENRY LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 273065298 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 0 66000 CIVIC BUILDERS INC CIVIC ST NICHOLAS LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 272365482 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 12790 170153 CIVIC BUILDERS INC CIVIC LAFAYETTE AVE LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 274297961 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 530000 399939 CIVIC BUILDERS INC CIVIC GW LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 274194992 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 90753 5660 CIVIC BUILDERS INC CIVIC RI BROAD ST SR LENDER LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 463790197 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 385516 7113044 CIVIC BUILDERS INC CIVIC RI BROAD ST JR LENDER LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 463821020 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 35033 2892040 CIVIC BUILDERS INC CIVIC RI PRI FUND LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 462142519 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 62629 9519044 CIVIC BUILDERS INC CIVIC RI LONSDALE AVE JR LENDER LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 471797772 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 37274 2259100 CIVIC BUILDERS INC CIVIC FUND MANAGER LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 822875471 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 84797 678753 CIVIC BUILDERS INC CIVIC PROPERTIES INC - LONGFELLOW 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 205889085 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 501(C)(2) N/A N/A 0 CIVIC BUILDERS PROPERTY HOLDING CORP 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 208642238 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 501(C)(2) N/A N/A 0 CIVIC HUNTS POINT AVE CHARTER CORP 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 271538661 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 501(C)(3) 509(A)(2) N/A 0 CIVIC RI CENTRAL FALLS CHARTER I LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 300766210 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. RI 501(C)(3) 509(A)(3) N/A 0 CIVIC NYC FUND INC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 813150380 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY 501(C)(3) LINE 7 N/A 0 CIVIC CHARTER LENDER INC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 812973183 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY APPLIED FOR 501(C)(3 APPLIED FOR N/A 0 CIVIC EAST 156TH STREET CORPORATION 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 813041566 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY APPLIED FOR 501(C)(3 APPLIED FOR N/A 0 CIVIC 411 WALES CORPORATION 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 822312084 TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC. NY APPLIED FOR 501(C)(3 APPLIED FOR N/A 0 0 1 1 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 1 CIVIC PROPERTIES INC - LONGFELLOW D 110000 FMV CIVIC BUILDERS PROPERTY HOLDING CORP D 14584 FMV CIVIC BUILDERS PROPERTY HOLDING CORP B 11000 FMV CIVIC HUNTS POINT AVE CHARTER CORP D 1000 FMV CIVIC HUNTS POINT AVE CHARTER CORP S 3002963 FMV CIVIC CHARTER LENDER INC D 1000000 FMV CIVIC NYC FUND INC D 218200 FMV CIVIC NYC FUND INC C 1369427 FMV CIVIC EAST 156TH STREET CORPORATION D 134732 FMV CIVIC 411 WALES CORPORATION D 160533 FMV CIVIC BUILDERS SUB-CDE I LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 462668382 LENDER AND BORROWER NY INVESTMENT INCOME 0 18 446 0 1 0.00010 CIVIC BUILDERS SUB-CDE II LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 462669625 LENDER AND BORROWER NY INVESTMENT INCOME 0 32 1039 0 1 0.00010 CIVIC BUILDERS SUB-CDE III LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 462669708 LENDER AND BORROWER NY INVESTMENT INCOME 0 26 945 0 1 0.00010 CIVIC BUILDERS SUB-CDE IV LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 464592701 LENDER AND BORROWER NY INVESTMENT INCOME 0 21 695 0 1 0.00010 CIVIC BUILDERS SUB-CDE V LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 464607437 LENDER AND BORROWER NY INVESTMENT INCOME 0 5 646 0 1 0.00010 CIVIC BUILDERS SUB-CDE VI LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 464620467 LENDER AND BORROWER NY INVESTMENT INCOME 0 2 625 0 1 0.00010 CIVIC BUILDERS SUB-CDE VII LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 473799615 LENDER AND BORROWER NY INVESTMENT INCOME 0 43 1359 0 1 0.00010 CIVIC BUILDERS SUB-CDE VIII LLC 304 HUDSON STREET SUITE 301 NEW YORK NY 10013 473804020 LENDER AND BORROWER NY INVESTMENT INCOME 0 8 2023 0 1 0.00010