Green Street Residences

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 844974204 ✦ Concord, NH ✦ Designated as a 501(c)(2)

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Overview

What is Green Street Residences?

Green Street Residences is a nonprofit organization situated in Concord, New Hampshire, with an address at 238 North Main Street, 03301. Its primary mission is to provide housing for individuals transitioning out of homelessness. The organization was established to support the mission of its parent body, Concord Coalition to End Homelessness (CCEH). Green Street Residences acquires, rehabilitates, and operates a four-unit residential property for this purpose. The organization aims to contribute excess proceeds from the property's operation towards furthering CCEH's objectives. The property serves as a safe and supportive living environment for individuals seeking to rebuild their lives after experiencing homelessness.


Official website here: www.concordhomeless.org

Is Green Street Residences legitimate?

Green Street Residences is a legitimate nonprofit organization registered as a 501(c)(2) entity. Green Street Residences submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.concordhomeless.org

What is the mission statement of Green Street Residences?

Green Street Residences' mission is centered around acquiring, restoring, and managing a four-unit residential rental property. This property serves as a housing solution for individuals who have previously experienced homelessness. The organization was established to support the mission of its parent organization, Concord Coalition to End Homelessness (CCEH), by holding the property's title and distributing any excess profits generated from its operation. The primary objective is to provide a stable living environment for those who have previously struggled with homelessness.


Official website here: www.concordhomeless.org

Who is the CEO of Green Street Residences?

Benjamin Folsom is the Chair of Green Street Residences.


Official website here: www.concordhomeless.org

What is the revenue of Green Street Residences?

Green Street Residences's revenue in 2023 was $53,638.


Official website here: www.concordhomeless.org

Who are the executives of Green Street Residences and what are their salaries?


Here are 7 key members and their salaries:


Benjamin Folsom (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kleiner (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Schlosser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Schumacher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cathy Battistelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Groh (Excecutive Director)
  • Compensation: $0
  • Related: $58,581
  • Other: $14,550
Karen Jantzen (Incoming Executive Director)
  • Compensation: $0
  • Related: $11,538
  • Other: $0


Official website here: www.concordhomeless.org

Where can I find the form 990 for Green Street Residences?

Green Street Residences's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.concordhomeless.org

Learn more at the official website: www.concordhomeless.org

Mission Statement of Green Street Residences

Green Street Residences, a nonprofit organization, is dedicated to acquiring, rehabilitating, and operating a four-unit residential rental property for individuals transitioning out of homelessness. The primary mission of Green Street Residences is to support the mission of its parent organization, Concord Coalition to End Homelessness (CCEH), by holding ownership of the property and distributing any excess earnings derived from its operation. This mission aims to provide a safe and stable living environment for individuals who have previously experienced homelessness, thereby contributing to their journey towards rebuilding their lives.

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Impact




October, 2024

Green Street Residences significantly impacts the community by providing stable housing for individuals transitioning out of homelessness. By acquiring, rehabilitating, and operating a four-unit residential rental property, it offers a vital resource for those in need, helping to reintegrate them into society.

This initiative not only addresses immediate housing needs but also contributes to broader community improvement by fostering stability and encouraging self-sufficiency among residents. With support from Concord Coalition to End Homelessness, Green Street Residences plays a critical role in alleviating homelessness in Concord, NH, and creates a sustainable model that emphasizes social responsibility and community empowerment. The organization’s commitment to turning over any excess proceeds from operations further enhances its potential for long-term impact, contributing to ongoing efforts to combat homelessness in the region.




This information is meant to be a general summary of Green Street Residences. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$53,638 (2023)
Expenses
$57,056 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $406
  • Program Service Revenue: $4,690
  • Gross Receipts: $53,638

Assets and Liabilities:

  • Total Assets: $815,494
  • Total Liabilities: $708,333
  • Net Assets: $107,161

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$4,690

Organization Details

Founding Year

2020

Principal Officer

Benjamin Folsom

Main Address

238 NORTH MAIN STREET, CONCORD, NH, 03301

NTEE Category

Code: S47 - Community improvement

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