Greenline Housing Foundation

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

EIN: 861242140 ✦ Pasadena, CA ✦ Designated as a 501(c)(3)

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Overview

What is Greenline Housing Foundation?

Greenline Housing Foundation is a nonprofit organization based in Pasadena, California. Its primary mission is to bridge the racial wealth gap and promote minority homeownership. To achieve this, the foundation offers grants to qualified individuals of color for down payments to purchase a home and for home maintenance assistance for repairs and improvements. Financial education is a condition for receiving these grants, ensuring that beneficiaries are equipped with necessary financial skills. With a small team of one employee, the foundation focuses on fulfilling its mission by providing these vital grants and educational resources.


Official website here: www.greenlinehousing.org

Is Greenline Housing Foundation legitimate?

Greenline Housing Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenline Housing Foundation 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: $41,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.greenlinehousing.org

What is the mission statement of Greenline Housing Foundation?

The Greenline Housing Foundation aims to bridge the racial wealth gap and promote minority homeownership by offering down payment grants to qualified applicants of color. Additionally, the foundation provides assistance for home repairs and improvements through grants for home maintenance. To receive these grants, financial education is required as a condition. The foundation's primary goal is to facilitate access to homeownership for underrepresented communities.


Official website here: www.greenlinehousing.org

Who is the CEO of Greenline Housing Foundation?

Jasmin Shupper is the President, Ceo & Director of Greenline Housing Foundation. The CEO's salary of Greenline Housing Foundation is $41,667 and their total compensation is $41,667.


Official website here: www.greenlinehousing.org

What is the revenue of Greenline Housing Foundation?

Greenline Housing Foundation's revenue in 2022 was $331,923.


Official website here: www.greenlinehousing.org

Who are the executives of Greenline Housing Foundation and what are their salaries?

The average compensation at Greenline Housing Foundation during 2022 was $41,667. There is 1 employee at Greenline Housing Foundation.


Here are 5 key members and their salaries (Greenline Housing Foundation's CEO's salary is $41,667 and their total compensation is $41,667):


Jasmin Shupper (President, Ceo & Director)
  • Compensation: $41,667
  • Related: $0
  • Other: $0
Nick Shupper (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Schaupp (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Williams (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greenlinehousing.org

Where can I find the form 990 for Greenline Housing Foundation?

Greenline Housing Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.greenlinehousing.org

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

Mission Statement of Greenline Housing Foundation

Greenline Housing Foundation, a nonprofit organization, is committed to addressing the racial wealth gap and promoting minority homeownership. To accomplish this, the foundation offers grants for down payments to qualified applicants of color. By providing financial assistance in this way, Greenline Housing Foundation strives to make homeownership more accessible for underrepresented communities.

In addition to down payment grants, Greenline Housing Foundation also offers home maintenance assistance grants to qualified applicants of color. These grants are intended for home repairs and improvements, which can help to ensure that minority homeowners are able to maintain their properties in good condition.

As a condition of receiving a grant from Greenline Housing Foundation, applicants are required to participate in financial education programs. This requirement is designed to help individuals develop the financial literacy skills needed to successfully manage their homeownership responsibilities and build wealth over time. By providing financial education alongside its grant programs, Greenline Housing Foundation is taking a comprehensive approach to addressing the challenges faced by minority homeowners and working towards a more equitable housing market.

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Impact




October, 2024

Greenline Housing Foundation significantly impacts the housing landscape by providing grants that empower qualified applicants of color to achieve homeownership in Pasadena, CA. By focusing on down payments and home maintenance assistance, the foundation works to close the racial wealth gap and foster greater access to minority homeownership.

The grants enable families to purchase homes and address necessary repairs or improvements, which are crucial steps in building equity and stability. This initiative not only facilitates homeownership but also contributes to the broader goal of enhancing community wealth. Additionally, by incorporating financial education as a prerequisite for receiving grants, the foundation equips applicants with the knowledge and skills necessary to manage their investments wisely, ensuring sustainable homeownership and fostering long-term financial literacy.

Overall, Greenline Housing Foundation is making a meaningful difference in the lives of families of color, promoting stability, equity, and community empowerment in the housing market.




This information is meant to be a general summary of Greenline Housing Foundation. 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
$331,923 (2022)
Expenses
$235,708 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $331,923

Assets and Liabilities:

  • Total Assets: $186,732
  • Total Liabilities: $2,813
  • Net Assets: $183,919

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Organization Details

Founding Year

2020

Principal Officer

Jasmin Shupper

Main Address

3423 BARHITE STREET, PASADENA, CA, 91107

NTEE Category

Code: L82 - Housing

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