Greenhouse Services Foundation is located in Centennial, CO. The organization was established in 1996. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenhouse Services Foundation is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 09/2021, Greenhouse Services Foundation generated $242.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $251.8k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BULK PURCHASES OF GOODS/SERVICES FOR THE GREENHOUSE INDUSTRY
Describe the Organization's Program Activity:
Part 3 - Line 4a
BULK PURCHASING OF UTILITIES/NATURAL GAS FROM PUBLIC COMPANIES IN ORDER TO PASS THE SAVINGS ON TO APPROX. 30 MEMBERS OF THE GREENHOUSE INDUSTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Gerace President | OfficerTrustee | $0 | |
Stuart Kitayama Vice-Preside | OfficerTrustee | $0 | |
Beth Gulley Secretary/tr | OfficerTrustee | $0 | |
Dave Tagawa Director | Trustee | $0 | |
Jesse Mcconnell Director | Trustee | $0 | |
Don Howell Director | Trustee | $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 | $0 |
Investment income | -$1,106 |
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 | $243,993 |
Miscellaneous Revenue | $0 |
Total Revenue | $242,887 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $207,600 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $27,250 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $13,386 |
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 | $250 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $3,323 |
All other expenses | $0 |
Total functional expenses | $251,809 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $306,842 |
Savings and temporary cash investments | $966,051 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $550,016 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $14,732 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,837,641 |
Accounts payable and accrued expenses | $414,364 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $634,760 |
Total liabilities | $1,049,124 |
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 | $0 |
Retained earnings, endowment, accumulated income, or other funds | $788,517 |
Total liabilities and net assets/fund balances | $1,837,641 |
Organization Name | Assets | Revenue |
---|---|---|
Oklahoma State Fair Inc Oklahoma City, OK | $18,358,668 | $22,331,954 |
Kansas Farm Bureau Manhattan, KS | $113,719,164 | $13,754,272 |
Arabian Horse Association Aurora, CO | $7,104,818 | $11,582,764 |
Nebraska Farm Bureau Federation Lincoln, NE | $6,162,256 | $5,536,938 |
Oklahoma Beef Industry Council Oklahoma City, OK | $1,793,159 | $4,382,142 |
Utah Farm Bureau Federation Sandy, UT | $9,901,276 | $4,013,704 |
Oklahoma Farm Bureau Oklahoma City, OK | $8,003,779 | $5,177,259 |
Nebraska Beef Council Kearney, NE | $3,014,074 | $3,736,619 |
Wool Trust Foundation Centennial, CO | $2,341,215 | $3,264,496 |
United Food And Commercial Workers International Union Crete, NE | $994,510 | $2,745,079 |
Pinto Horse Association Of America Bethany, OK | $2,820,535 | $3,433,110 |
Arizona Farm Bureau Federation Gilbert, AZ | $12,596,150 | $2,905,635 |