Civic Intelligence

CIVIC New Markets Support Corporation IV

EIN 92-1719410 • 501(c)3 • New York, NY

NTEE B11

Profile

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.

180 Varick Street 1414New York, NY 10014

www.civicbuilders.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

89th percentile

1.02x

Higher debt load relative to assets than 89% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

24.83x

Higher debt load relative to revenue than 97% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Net Margin

10th percentile

-28%

Higher net margin than 10% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$559,678

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 42.6% of source-year revenue.

NTEE B • $25M-$50M nonprofits • Source year 2024

Asset Growth

41st percentile

1.5%

Faster asset growth than 41% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

70th percentile

19%

Faster revenue growth than 70% of similar nonprofits.

NTEE B • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$32,107,842

Up $483,963 (+1.5%) from 2023

Liabilities

Up

$32,621,075

Up $857,305 (+2.7%) from 2023

Net Assets

Down

-$513,233

Down $373,342 (-267%) from 2023

Revenue

Up

$1,313,853

Up $211,497 (+19%) from 2023

Expenses

Up

$1,687,195

Up $444,948 (+36%) from 2023

Net Income

Down

-$373,342

Down $233,451 (-167%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0-$10MAssets 2023: $31,623,879Liabilities 2023: $31,763,770Net Assets 2023: -$139,8912023Assets 2024: $32,107,842Liabilities 2024: $32,621,075Net Assets 2024: -$513,2332024

Highlighted filing

2024

Assets$32,107,842
Liabilities$32,621,075
Net Assets-$513,233

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0MRevenue 2023: $1,102,356Expenses 2023: $1,242,247Net Income 2023: -$139,8912023Revenue 2024: $1,313,853Expenses 2024: $1,687,195Net Income 2024: -$373,3422024

Highlighted filing

2024

Revenue$1,313,853
Expenses$1,687,195
Net Income-$373,342

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 22, 2025
Return Version
2024v5.2
Gross Receipts
$1,313,853
Mission and Program Overview

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$31,344,500$31,344,500→ $0
Cash and Non-Interest-Bearing Accounts$171,141$655,104▲ $483,963
Accounts Receivable$108,238$108,238→ $0
Total Assets$31,623,879$32,107,842▲ $483,963
Liabilities
Unsecured Notes Loans Payable$31,763,770$32,487,175▲ $723,405
Accounts Payable and Accrued Expenses-$133,900-
Total Liabilities$31,763,770$32,621,075▲ $857,305
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-139,891$-513,233▼ $373,342
Total Net Assets Fund Balance$-139,891$-513,233▼ $373,342
Total Liabilities and Net Assets / Fund Balance$31,623,879$32,107,842▲ $483,963
Compensation and Service Providers

Board Members and Trustees

NameTitle
David UmanskyPresident
Rajeev BajajSecretary
Faye PremerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,000
Program Service Revenue
$0
Investment Income
$1,298,853
Other Revenue
$0
Change in Net Assets
$-373,342

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,313,853
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,313,853
Total Revenue per Form 990
$1,313,853
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,687,195
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$1,663,229--$1,663,229
Fees for Services Accounting-$13,000-$13,000
All Other Expenses$10,692$50-$10,742
Fees for Services Legal$224--$224
Total Functional Expenses$1,674,145$13,050$0$1,687,195

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,687,195
Total Expenses per Audited Statements$1,687,195
Total Expenses per Form 990$1,687,195
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-The President of the Organization Is the CEO of Civic Builders, Inc.LoanNo$6,100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization's board of directors does not have subcommittees.

Form 990, Part VI, Section B, Line 11B

An electronic draft is e-mailed to the board 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

Neither directors nor officers of the organization are compensated. Also, the organization does not have any employees.

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.

Filing and Contact Details

Filer

Filer Name
Civic New Markets Support
EIN
92-1719410
Phone
2125717260
Address
180 VARICK STREET 1414, NEW YORK, NY 10014

Signing Officer

Name
David Umansky
Title
President
Phone
2125717260
Signed
2025-08-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Umansky
Formed
2023
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
2

Preparer

Firm
Lutz and Carr Cpas Llp
Address
551 FIFTH AVENUE SUITE 400, NEW YORK, NY 10176
Preparer
Chris Bellando
Phone
2126972299
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd01
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd70
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd80
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd90
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd5N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd6N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd7N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd8N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CIVIC BUILDERS INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1CIVIC BUILDERS PROPERTY HOLDING CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2CIVIC EAST 156TH STREET CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3CIVIC 411 WALES CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4CIVIC PROPERTIES INC - LONGFELLOW
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5CIVIC NYC FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6CIVIC CONCOURSE VILLAGE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt7CIVIC CHARTER LENDER
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt8CIVIC NEW MARKETS SUPPORT CORPORATION I
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt9CIVIC NEW MARKETS SUPPORT CORPORATION II
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt10CIVIC NEW MARKETS SUPPORT CORPORATION III
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0043635313
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1208642238
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2813041566
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3822312084
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4205889085
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5813150380
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6824020174
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN7812973183
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN8462994673
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN9830678232
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN10873868085
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt7501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt8501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt9501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt10501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd7NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd8NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd9NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd10NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0AID CHARTER SCHOOLS WITH THEIR REAL ESTATE NEEDS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt7TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt8TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt9TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt10TO FURTHER THE CHARITABLE PURPOSES OF CIVIC BUILDERS, INC.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt2509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt3509(A)(2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt4LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt5509(A)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt6LINE 7
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt7509(A)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt8509(A)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt4180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt5180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt6180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt7180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt8180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt9180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt10180 VARICK STREET SUITE 1414
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm6NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm7NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm8NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm9NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm10NEW YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd6NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd7NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd8NY

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