Greenline Housing Foundation
- Assets
- $348.4k
- Revenue
- $559.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Pasadena, CA
- Founding
- Data as of
- 12/2023
- EIN
- 86-1242140
Organization Overview
Greenline Housing Foundation is located in Pasadena, CA. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greenline Housing Foundation 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 12/2023, Greenline Housing Foundation generated $559.2k in total revenue.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
GREENLINE HOUSING FOUNDATION WILL PROVIDE GRANTS FOR DOWN PAYMENTS TO QUALIFIED APPLICANTS OF COLOR FOR THE PURPOSE OF PURCHASING A HOME IN AN EFFORT TO CLOSE THE RACIAL WEALTH GAP AND FACILITATE ACCESS TO MINORITY HOMEOWNERSHIP. THE FOUNDATION WILL PROVIDE GRANTS FOR HOME MAINTENANCE ASSISTANCE TO QUALIFIED APPLICANTS OF COLOR FOR THE PURPOSE OF HOME REPAIRS AND/OR IMPROVEMENTS. THE FOUNDATION WILL PROVIDE FINANCIAL EDUCATION AS A CONDITION OF RECEIVING A DOWN PAYMENT OR HOME MAINTENANCE GRANT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED GRANTS TO QUALIFIED FAMILIES OF COLOR TO BECOME HOMEOWNERS. GRANTS WERE USED TO PURCHASE A HOME, REPAIR OR MAKE HOME IMPROVEMENTS.THE FOUNDATION PROVIDED FINANCIAL EDUCATION AS A CONDITION OF RECEIVING A DOWN PAYMENT OR HOME MAINTENANCE GRANT, AND MAINTAINED OTHER ADMINISTRATIVE TASKS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jasmin Shupper President, CEO & Director | OfficerTrustee | 40 | $50,000 |
Nick Shupper Secretary & Director | OfficerTrustee | 10 | $0 |
Doug Schaupp Treasurer & Director | OfficerTrustee | 5 | $0 |
Derek Jones Board Member | Trustee | 5 | $0 |
John Williams Board Member | Trustee | 5 | $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 | $559,143 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $559,143 |
| Total Program Service Revenue | $0 |
| Investment income | $44 |
| 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 | $559,187 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $245,371 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $50,000 |
| 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 | $4,178 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,300 |
| Advertising and promotion | $16,287 |
| Office expenses | $8,020 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,781 |
| 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 | $552 |
| Insurance | $4,252 |
| All other expenses | $367 |
| Total functional expenses | $396,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,833 |
| Savings and temporary cash investments | $192,294 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,000 |
| Total assets | $348,415 |
| Accounts payable and accrued expenses | $104 |
| 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 | $1,601 |
| Total liabilities | $1,705 |
| 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 | $346,710 |
| Total liabilities and net assets/fund balances | $348,415 |