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Civic Builders

New York, NY · EIN 04-3635313 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Civic Builders reported $14.3 million in revenue and $12.0 million in expenses for calendar year 2024. Of every $100 it spent, $75.46 went to program services, $20.37 to management and general costs and $4.17 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 67.8% of the total. The highest compensation it reported for one person was $559,678 (CEO). 20 people received more than $100,000 in reportable compensation. Revenue rose 48% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $12M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $14M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 933 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
75.5%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
20.4%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
4.2%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.34$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
10.2%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.0%
Program service revenue share
Part VIII 2g ÷ 12
67.8%66.2%
Highest reported compensation
Part VII-A, columns D–F
$559,678$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
4.68%1.57%
People paid over $100,000
Part VII, line 2
205
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
65.710.0
Independent voting board members
Part VI 1a–1b
12 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$9.0M expenses · 100.0% of program spending · grants $527K · revenue $9.7M

In 2024, civic began construction on a project that will create 24,500 square feet for 340 charter school students in maryland. In 2018, civic partnered with a foundation and a bank to launch a national charter school lending program called the facilities investment fund. In 2024, the fund committed over $35 millon dollars to 10 projects which will serve 6,383 charter school students nationwide

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Director/trustee, officer, 39.00 hrs/week
$511,977$0$47,701$559,678
CHIEF LENDING & INVESTEMENT OFFICER
Highest compensated employee, 40.00 hrs/week
$292,608$0$15,245$307,853
VP CONSTRUCTION
Highest compensated employee, 40.00 hrs/week
$228,729$0$66,058$294,787
COO
Highest compensated employee, 40.00 hrs/week
$271,556$0$11,346$282,902
CHIEF PEOPLE OFFICER
Highest compensated employee, 40.00 hrs/week
$251,554$0$28,315$279,869
VP REAL ESTATE
Highest compensated employee, 40.00 hrs/week
$222,167$0$17,836$240,003

20 people received more than $100,000 in reportable compensation from Civic Builders (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$14M$12M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$14M$12M75.5%$66M$559,678
2023 ⓘ$12M$12M79.0%$63M$555,342
2022 ⓘ$11M$10M80.8%$62M$580,608
2021 ⓘ$22M$8.6M82.9%$60M$557,123
2020 ⓘ$9.4M$8.4M82.5%$47M$539,515
2019 ⓘ$9.7M$8.7M82.6%$43M$525,747

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 12 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 534
  • Volunteers Part I, line 612

Private foundation grants it received

12 private foundations reported grants to Civic Builders totaling $223K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Civic Builders's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Civic Builders, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in New York

Questions people ask

How much of Civic Builders's spending goes to programs?

In calendar year 2024, Civic Builders reported that 75.5% of its $12.0 million in expenses went to program services, 20.4% to management and general and 4.2% to fundraising (Form 990, Part IX).

How much does Civic Builders pay its top executive?

The largest total compensation Civic Builders reported for one person in calendar year 2024 was $559,678, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Civic Builders get its money?

Of $14.3 million in revenue in calendar year 2024, 10.2% came from contributions and grants and 67.8% from program service revenue (Form 990, Part VIII).

Is Civic Builders a registered charity?

The IRS lists EIN 04-3635313 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543189349315454 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202402649349301200 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313189349319651 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202202419349301000 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202112949349301956 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003199349300320 · read the filing

All filings for EIN 04-3635313: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.