Evergreen Cooperative Corporation
- Assets
- $10.0m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Cleveland, OH
- Founding
- 12/2012
- Data as of
- 12/2021
- EIN
- 45-2743815
Organization Overview
Evergreen Cooperative Corporation is located in Cleveland, OH. The organization was established in 2012. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evergreen Cooperative Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Evergreen Cooperative Corporation generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Evergreen Cooperative Corporation has awarded 32 individual grants totaling $1,807,270. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
1. TO PROMOTE, COORDINATE AND EXPAND ECONOMIC OPPORTUNITY AND WEALTH BUILDING THROUGH A NETWORK OF GREEN, COMMUNITY-BASED ENTERPRISES. 2. TO PROMOTE COMMUNITY STABILIZATION AND REVITALIZATION OF THE DISINVESTED NEIGHBORHOODS OF GREATER UNIVERSITY CIRCLE AND SIMILAR AREAS OF
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF EVERGREEN BUSINESS SERVICES, INC. FOR OPERATIONS INCLUDING WORKER, BOARD AND MANAGEMENT EDUCATION AND MANAGEMENT ASSISTANCE.
EMPLOYEE TRAINING
FEASIBILITY STUDY FOR INTERNET SERVICE PROVIDER (ISP) COOPERATIVE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Mcmicken Chief Executive Officer | Officer | 16 | $0 |
Rosalyn Ciulla Secretary | Officer | 35 | $0 |
Heidi L Gartland Board Member | Trustee | 1 | $0 |
Kirk Neiswander Board Member | Trustee | 1 | $0 |
Shawn Osborne Board Member | Trustee | 1 | $0 |
Andrea Kantor Vice Chair | Trustee | 1 | $0 |
Financial Statements
| 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 | $250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $1,489,978 |
| 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 | $1,734,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $960,402 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $59,433 |
| Fees for services: Legal | $11,117 |
| Fees for services: Accounting | $23,870 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,651 |
| Office expenses | $7,850 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,923 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,436 |
| Insurance | $3,192 |
| All other expenses | $0 |
| Total functional expenses | $1,083,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,864,654 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,527,620 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,048,185 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $40,602 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,483,152 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,964,213 |
| Accounts payable and accrued expenses | $15,717 |
| Grants payable | $0 |
| Deferred revenue | $6,613,716 |
| 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 | $55,083 |
| Total liabilities | $6,684,516 |
| Net assets without donor restrictions | $0 |
| 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 | $2,628,700 |
| Retained earnings, endowment, accumulated income, or other funds | $650,997 |
| Total liabilities and net assets/fund balances | $9,964,213 |
Grants Awarded
Over the last fiscal year, Evergreen Cooperative Corporation has awarded $0 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
EVERGREEN BUSINESS SERVICES | | | $0 |
EVERGREEN ENERGY SOLUTIONS | | | $0 |
GREEN CITY GROWERS COOPERATIVE | | | $0 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Evergreen Cooperative Corporation has recieved totaling $751,934.
| Awarding Organization | Amount |
|---|---|
Cleveland Foundation Cleveland, OH PURPOSE: GENERAL SUPPORT | $725,000 |
Life You Can Save Sequim, WA | | $26,934 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harristown Development Corporation Harrisburg, PA | $29,766,695 | $19,028,512 |
The Center Of Workforce Innovations Inc Valparaiso, IN | $2,958,255 | $14,608,336 |
Community Action Of South Eastern West Virginia Bluefield, WV | $9,324,400 | $12,779,130 |
Cintrifuse Cincinnati, OH | $9,097,086 | $17,758,065 |
Walnut Hills Redevelopment Foundation Inc Cincinnati, OH | $7,399,538 | $1,025,062 |
Midtown Detroit Inc Detroit, MI | $6,098,841 | $4,938,478 |
Pittsburgh Downtown Partnership Pittsburgh, PA | $5,197,454 | $6,457,703 |
Bellvue Gardens Community Urban Redevelopment Corporation Cincinnati, OH | $29,237,042 | $3,964,847 |
Detriot Economic Growth Association Detroit, MI | $6,651,865 | $5,567,044 |
Enterprise Center Philadelphia, PA | $14,775,584 | $14,297,548 |
Pidc Community Capital Philadelphia, PA | $51,592,924 | $9,506,766 |
Downtown Cleveland Improvementcorporation Cleveland, OH | $5,269 | $4,399,889 |