1. Directory
  2. New York
  3. New York
  4. Mangrove Community Wealth
EIN 87-4373793

Mangrove Community Wealth

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Mangrove Community Wealth fosters prosperity through neighborhood and community wealth building. In its first year, the organization kicked off with the grand opening of Flatbush Central x Mangrove FC, marking the last milestone in the redevelopment of the previous Flatbush Caton Market. Their aim during Year 1 was to thoroughly discover community needs and illustrate the importance of community wealth building.
Total revenues
$704,176
2023
Total expenses
$448,719
2023
Total assets
$224,234
2023
Num. employees
0
2023

Program areas at Mangrove Community Wealth

$340,780 of revenue earned by incubator members of the flatbush central food hall 4,718 Mangrove event participants 1027 hours of technical assistance provided to Mangrove and flatbush central businesses 40+ graduates of Mangrove business academy program 131 Mangrove kitchen members, 273 Mangrove facility users - over 50% increase year to year 38 students (15-24 years) completed design certifications in Mangrove design lab.

Who funds Mangrove Community Wealth

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Highland ProjectAssists in Developing Emerging and Aspiring Professionals for Civic And, Community and Non-Profit Leadership Roles$75,000

Personnel at Mangrove Community Wealth

NameTitleCompensation
James Johnson-PiettPresident$0
Juan PerezTreasurer$0
Sylvie Gallier HowardSecretary$0

Financials for Mangrove Community Wealth

RevenuesFYE 12/2023
Total grants, contributions, etc.$597,475
Program services$97,418
Investment income and dividends$3,009
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$6,274
Total revenues$704,176

Form 990s for Mangrove Community Wealth

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 3 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
135 Madison Ave 8th Floor
New York, NY 10016
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
flatbushcentral.com/ 
Phone
(215) 868-1680
IRS details
EIN
87-4373793
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
Free account sign-up

Want updates when Mangrove Community Wealth has new information, or want to find more organizations like Mangrove Community Wealth?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy