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UNIVERSITY CIRCLE NEW MARKETS INC

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Public IRS 990 nonprofit record

UNIVERSITY CIRCLE NEW MARKETS INC

EIN 26-4360361

What they do

UNIVERSITY CIRCLE NEW MARKETS, INC. (UC NEW MARKETS) is A MISSION-DRIVEN NOT-FOR-PROFIT COMMUNITY DEVELOPMENT CORPORATION (CDE) DEDICATED to SERVING or PROVIDING INVESTMENT CAPITAL for LOW-INCOME COMMUNITIES (LICS) or LOW-INCOME PERSONS IN CUYAHOGA COUNTY, OHIO WITH AN EMPHASIS ON THE GREATER UNIVERSITY CIRCLE AREA. UC NEW MARKETS is OPERATED AS A SUPPORTING ORGANIZATION to UNIVERSITY CIRCLE INCORPORATED (UCI), AN OHIO NOT-FOR-PROFIT CORPORATION EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) of THE IRC. FOUNDED IN 1957, THE MISSION of UCI is BUILDING A COMMUNITY EXPERIENCE THAT CONNECTS ALL PEOPLE WITH CLEVELANDS CENTER of CULTURE, HEALING and LEARNING.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $100.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2020The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders11 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

0.00%of revenue went to mission work100.0% of expenses · Program services

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $45,721 for GREG G DEEGAN (DIRECTOR OF COMMUNITY EDUC). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2020

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Expenses$57,054

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$57,054 · 100.0% of expenses
See all reported dollar amounts
Expenses$57,054
Contributions$5,000
Mission work (program services)$57,054
Grants given$569,237
Average grant$189,746
Accounting fees$3,000
People

Leadership and board

Tax year 2020

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
GREG G DEEGANDIRECTOR OF COMMUNITY EDUC · 1 hrs/week $45,721Base · Other $45,721
CHRISTOPHER RONAYNEPRESIDENT/DIRECTOR · 1 hrs/week $32,404Base · Other $32,404
DEBBIE BERRYVP OF REAL ESTATE DEVELOPM · 1 hrs/week $14,660Base · Other $14,660
LAURA KLEINMANVP OF SERVICES · 1 hrs/week $10,774Base · Other $10,774
DEAN M PARKERVP OF FINANCE AND ADMIN · 1 hrs/week $6,245Base · Other $6,245

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (11)

GREG G DEEGANDIRECTOR OF COMMUNITY EDUC

CHRISTOPHER RONAYNEPRESIDENT/DIRECTOR

DEBBIE BERRYVP OF REAL ESTATE DEVELOPM

LAURA KLEINMANVP OF SERVICES

DEAN M PARKERVP OF FINANCE AND ADMIN

BRADLEY C BONDDIRECTOR

CHRISTINE NELSONDIRECTOR

GEORGE W KIRTLANDDIRECTOR

KEVIN SLESHDIRECTOR

NDEDA LETSONDIRECTOR

SEAN P RICHARDSONDIRECTOR

About this charity

Location
10831 MAGNOLIA DRIVE, CLEVELAND, OH 44106
County
Cuyahoga
In care of
DEAN M PARKER
Primary officer
DEAN M PARKER, VP OF FINANCE & ADMIN

How to reach them

Filing and classification

Latest tax year
2020
Tax period began
July 1, 2020
Return type
990
Tax preparer
COHEN & COMPANY LTD
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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