The Understory Project Inc

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

EIN: 861477874 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Understory Project Inc?

The Understory Project Inc is a nonprofit organization based in New York City, specifically at 91 Attorney Street Apt 8C, NY 10002. Their mission is to address the funding gap that forest managers encounter when scaling up forest restoration work. They aim to establish a marketplace where forest managers can present forest restoration projects to institutional philanthropic investors such as Fortune 500 companies. Currently, their areas of focus include the Monongahela National Forest, Giant Sequoia restoration, and biomass industry support. In essence, The Understory Project Inc is dedicated to restoring forest landscapes on a larger scale, bridging the financial gaps that often hinder such initiatives.


Official website here: www.theunderstory.org

Is The Understory Project Inc legitimate?

The Understory Project Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Understory Project Inc 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.theunderstory.org

What is the mission statement of The Understory Project Inc?

The Understory Project Inc is a non-profit organization with a mission to restore forest landscapes. Specifically, they aim to bridge the funding gap that forest managers encounter when scaling up forest restoration work. Their vision is to establish a marketplace where forest managers can present forest restoration projects and connect with institutional philanthropic investors such as Fortune 500 companies. Currently, their areas of focus include the Monongahela National Forest, Giant Sequoia restoration, and biomass industry support.


Official website here: www.theunderstory.org

Who is the CEO of The Understory Project Inc?

Benjamin Williams Iii is the Cofounder &Pres of The Understory Project Inc.


Official website here: www.theunderstory.org

What is the revenue of The Understory Project Inc?

The Understory Project Inc's revenue in 2021 was $280,000.


Official website here: www.theunderstory.org

Who are the executives of The Understory Project Inc and what are their salaries?

There 3 volunteers at The Understory Project Inc.


Here are 4 key members and their salaries:


Benjamin Williams Iii (Cofounder &Pres)
  • Compensation: $37,800
  • Related: $63,000
  • Other: $0
Umar Ashfaq (Cofounder)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danny Thiemann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aleem Ahmed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theunderstory.org

Where can I find the form 990 for The Understory Project Inc?

The Understory Project Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.theunderstory.org

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

Mission Statement of The Understory Project Inc

The Understory Project Inc, a nonprofit organization, is dedicated to restoring forest landscapes. Specifically, they aim to bridge the funding gap that forest managers encounter when scaling up forest restoration work. Their vision is to establish a marketplace where forest managers can present their forest restoration projects to institutional philanthropic investors, such as Fortune 500 companies. At present, their focus areas include the Monongahela National Forest, Giant Sequoia restoration, and biomass industry support. The Understory Project Inc seeks to make a significant impact in restoring forest landscapes and ensuring the sustainability of these vital ecosystems.

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Impact




June, 2024

The Understory Project Inc is making a significant impact by bridging the funding gap for forest managers scaling up restoration work. Their innovative approach involves creating a marketplace where forest managers can present restoration projects and connect with institutional philanthropic investors, including Fortune 500 companies. Currently focusing on areas like the Monongahela National Forest, Giant Sequoia restoration, and supporting the biomass industry, The Understory Project Inc is playing a vital role in restoring forest landscapes and promoting sustainable practices. Their work is crucial for environmental conservation and the preservation of important ecosystems.




This information is meant to be a general summary of The Understory Project Inc. 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
$280,000 (2021)
Expenses
$74,588 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $280,000

Assets and Liabilities:

  • Total Assets: $205,412
  • Total Liabilities: $0
  • Net Assets: $205,412

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Organization Details

Founding Year

2020

Principal Officer

Benjamin Williams Iii

Main Address

91 ATTORNEY STREET APT 8C, NEW YORK, NY, 10002

NTEE Category

Code: C02 - Environment

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