3700 Green Tree Corporation is located in Milwaukee, WI. The organization was established in 1968. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, 3700 Green Tree Corporation employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 3700 Green Tree Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 09/2022, 3700 Green Tree Corporation generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $2.7m during the year ending 09/2022. While expenses have increased by 3.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LOWER INCOME HOUSING
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING FOR LOWER INCOME FAMILIES/INDIVIDUALS (264 RENTAL UNITS ARE PROVIDED)
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev John Walton Vice President | OfficerTrustee | 1 | $0 |
Bill Hausler Treasurer | OfficerTrustee | 1 | $0 |
Rev Carmen Porco Secretary | OfficerTrustee | 1 | $0 |
Rev Archie L Ivy President | OfficerTrustee | 1 | $0 |
Rev Marcus Allen Director | Trustee | 1 | $0 |
Rev Mark Clinger Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $2,796,649 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,809,473 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $513,648 |
Pension plan accruals and contributions | $25,883 |
Other employee benefits | $276,275 |
Payroll taxes | $46,839 |
Fees for services: Management | $251,541 |
Fees for services: Legal | $607 |
Fees for services: Accounting | $10,395 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $743 |
Office expenses | $214,631 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $294,923 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $325,709 |
Insurance | $172,850 |
All other expenses | $0 |
Total functional expenses | $2,682,329 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $8,550 |
Savings and temporary cash investments | $1,336,585 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $22,898 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $200,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $55,370 |
Net Land, buildings, and equipment | $2,301,641 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,235,524 |
Total assets | $10,160,568 |
Accounts payable and accrued expenses | $109,568 |
Grants payable | $0 |
Deferred revenue | $6,069 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $68,540 |
Total liabilities | $184,177 |
Net assets without donor restrictions | $9,976,391 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $10,160,568 |
Organization Name | Assets | Revenue |
---|---|---|
Lester And Rosalie Anixter Center Chicago, IL | $16,517,406 | $29,142,038 |
Ho-Chunk Housing And Community Development Agency Tomah, WI | $18,849,800 | $12,706,218 |
Southwest Minnesota Housing Partnership Slayton, MN | $59,310,088 | $10,657,099 |
Iccf Community Home Grand Rapids, MI | $56,991,774 | $12,188,676 |
Reach For Your Potential Inc Iowa City, IA | $7,743,905 | $10,140,331 |
Ppl Properties Minneapolis, MN | $55,862,410 | $5,681,463 |
Hudsonville Christian School Hudsonville, MI | $18,424,541 | $13,917,128 |
Region Xii Council Of Governments Inc Carroll, IA | $20,470,902 | $9,309,351 |
Dwelling Place Of Grand Rapids Nonprofit Housing Corporation Grand Rapids, MI | $53,298,449 | $7,853,634 |
Harbor House Ministries Jenison, MI | $5,031,278 | $3,994,152 |
The Village At Mercy Creek Lemont, IL | $14,145,576 | $2,549,375 |
Preservation Housing Partners Bloomfield Hills, MI | $17,748,211 | $4,586,755 |