Fiscal year ending 2019. Filed on July 6, 2020.
197 East Broadway
New York, New York 10002
Ea Foundation of NY Inc. (EIN: 45-5357449) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2019 IRS Form 990 filing, Ea Foundation of NY Inc., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $231,463. The highest compensated employee at Ea Foundation of NY Inc. is Alan van Capelle with fiscal year 2019 compensation of $335,159.
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THE FOUNDATION HOLDS TITLE TO, AND MANAGES THE PREMISES AT WHICH THE EDUCATIONAL ALLIANCE WILL PROVIDE SERVICES TO RESIDENTS OF NEW YORK CITY, AS DESCRIBED ABOVE. ALLIANCE HOLDINGS, INC. AN AFFLIATE OF THE EDUCATIONAL ALLIANCE TRANSFERRED TITLE TO THE COMMUNITY FACILITY CONDOMINIUM LOCATED AT 179 HENRY STREET TO THE FOUNDATION. THE EDUCATIONAL ALLIANCE TRANSFERRED FEE TITLE TO THE REMAINING PORTION OF THE PREMISES (LOCATED AT 179 HENRY) TO THE FOUNDATION. THE FOUNDATION ENTERED INTO THE NMTC TRANSACTION AS A QUALIFIED ACTIVE LOW INCOME BUSINESS ("QALICB") AS DEFINED IN REG. 1.4SD(D)(4)(I). AS A QALICB, THE FOUNDATION WILL BE ENGAGED IN THE ACTIVE CONDUCT OF A TRADE OR BUSINESS IN AN ACTIVITY THAT FURTHERS ITS PURPOSE AS A NONPROFIT CORPORATION.
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