Fiscal year ending 2023. Filed on November 8, 2024.
247 W 37th Street 4th Fl
New York, New York 10018
New Settlement Community Campus Corp. (EIN: 20-3590089) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, New Settlement Community Campus Corp., a 501(c)(3) charitable organization, reported compensation for 3 employees. Among the employees shown here, the average compensation is $247,411. The highest compensated employee at New Settlement Community Campus Corp. is Alexa Sewell with fiscal year 2023 compensation of $328,408.
Revenue
Expenses
Employee compensation
No board members were reported during this fiscal year.
THE ORGANIZATION WAS FORMED TO DEVELOP AND BUILD A STATE OF THE ART COMMUNITY CENTER WITH SWIMMING POOL IN THE MT EDEN SECTION OF THE BRONX, NY. THE LAND AND BUILDING CONTAINING THE FACILITY ARE LEASED FROM NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY AT NO RENT FOR 50 YEARS WITH OPTIONS FOR AN ADDITIONAL 25 YEARS. THE SWIMMING POOL IS LEASED TO A RELATED PARTY AFFILIATE, THE CRENULATED COMPANY, LTD , WHO MANAGES AND OPERATES THE SWIMMING POOL OPERATIONS. THE ORGANIZATION HAS LEASED A PORTION OF THE BUILDING BACK TO THE NEW YORK CITY SCHOOL CONSTRUCTION AUTHORITY FOR A PERIOD COINCIDING WITH THE ABOVE LEASE. RENT FOR THE PREMISES IS BASED ON CERTAIN OPERATING COST REIMBURSEMENTS AND IS ADJUSTED ANNUALLY. THE ORGANIZATION PROVIDES SOCIAL, RECREATIONAL, EDUCATIONAL AND CULTURAL ACTIVITIES, EVENTS AND AFTER-SCHOOL PROGRAMS IN THE COMMUNITY CENTER TO BENEFIT THE SCHOOL AND THE SURROUNDING COMMUNITY. IT HAS ENTERED INTO A LEASE OF ITS FACILITIES TO THE NYC DEPARTMENT OF EDUCATION.
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