Greenstone Assisted Living
- Assets
- $107.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gilroy, CA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1679306
Organization Overview
Greenstone Assisted Living is located in Gilroy, CA. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, 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. Greenstone Assisted Living is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE NONPROFIT'S PURPOSE IS TO PROVIDE TEMPORARY SHARED COMMUNITY AND TRANSITIONAL OR PERMANENT RESIDENTIAL HOUSING FOR INDIVIDUALS WHO ARE LIVING IN A DRUG AND ALCOHOL-FREE ENVIRONMENT, EXPERIENCING MENTAL HEALTH ISSUES, RECEIVING MEDICATION ASSISTED TREATMENT OR EXPERIENCING HOUSING INSECURITIES. DURING THE YEAR, THE ORGANIZATION HAD ZONING AND OTHER ISSUES WHEN ATTEMPTING TO LOCATE HOUSING TO CARRY OUT THE ORIGINAL MISSION OF RESIDENTIAL ASSISTED LIVING. IT WAS DECIDED THE SWITCH TO SHARED HOUSING FOR THOSE IN NEED WOULD BE A MORE EFFECTIVE MISSION. A NAME CHANGE WAS MADE TO MORE ACCURATELY ALIGN WITH THE NEW MISSION. DURING 2022, A HOUSE WAS LOCATED FOR THE PURPOSE OF SHARED HOUSING AND WAS OPENED IN EARLY 2023.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Walters President, Secretary | 5 | $0 | |
Landy Hsu Vice President, Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2 |
| Total Revenue | $130,002 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,297 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $49,500 |
| Total expenses | $51,797 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,275 |
| Other assets | $0 |
| Total assets | $107,775 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,775 |