Fiscal year ending 2024. Filed on May 15, 2025.
11125 Magnolia Drive 410
Cleveland, Ohio 44106
Tms West (EIN: 81-2226622) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Tms West, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $191,000. The highest compensated employee at Tms West is Geralyn M Presti with fiscal year 2024 compensation of $191,000.
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TMS WEST, WHOLLY OWNED BY THE MUSIC SETTLEMENT, WAS INCORPORATED IN THE STATE OF OHIO AS A NOT-FOR-PROFIT ORGANIZATION FOR THE PURPOSE OF ESTABLISHING A QUALIFIED ACTIVE LOW- INCOME COMMUNITY BUSINESS PARTICIPATING IN A NEW MARKETS TAX CREDIT (NMTC) REAL ESTATE DEVELOPMENT PROJECT ON CLEVELAND'S WEST SIDE. TMS WEST OWNS A COMMERCIAL UNIT IN A NEW MIXED-USE RESIDENTIAL AND COMMERCIAL BUILDING CONSTRUCTED IN 2018. UNDER A LONG-TERM AGREEMENT TMS WEST LEASES ITS FACILITY TO THE MUSIC SETTLEMENT FOR OPERATING ITS PROGRAMS ON CLEVELAND'S WEST SIDE. THE MUSIC SETTLEMENT'S PROGRAMS AT THIS LOCATION INCLUDE EARLY CHILDHOOD, MUSIC LESSONS AND MUSIC THERAPY SERVICES.
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