Avenue Greenlight

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

EIN: 862945144 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Avenue Greenlight?

Avenue Greenlight is a nonprofit organization situated in San Francisco, California, specifically at 58 West Portal Ave. Their primary mission is to revitalize micro-grant programs, aiming to support the local community and members of local merchant associations in the city. By providing these micro-grants, Avenue Greenlight contributes to the overall improvement and growth of San Francisco's neighborhoods and businesses.

Is Avenue Greenlight legitimate?

Avenue Greenlight is a legitimate nonprofit organization registered as a 501(c)(3) entity. Avenue Greenlight 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: $30,280

For more financial information, click here

What is the mission statement of Avenue Greenlight?

Avenue Greenlight's mission revolves around revitalizing micro-grant programs. The primary objective is to provide support to local communities and members of local merchant associations in San Francisco. By implementing these micro-grants, Avenue Greenlight aims to foster growth and development within these communities, ultimately contributing to their overall well-being. The organization's activities are centered around managing and distributing these micro-grants, thereby empowering local businesses and enhancing the local economy.

What is the revenue of Avenue Greenlight?

Avenue Greenlight's revenue in 2023 was $99,483.

Who are the executives of Avenue Greenlight and what are their salaries?

The average compensation at Avenue Greenlight during 2023 was $30,280. There is 1 employee and 5 volunteers at Avenue Greenlight.

Here are 5 key members and their salaries:


Maryo Mogannam (President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Goldstein (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Sylvester (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Al Williams (Vice President And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Masood Samereie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Avenue Greenlight?

Avenue Greenlight's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Avenue Greenlight

Avenue Greenlight, a nonprofit organization, is dedicated to revitalizing micro-grant programs aimed at supporting San Francisco's local communities and local merchant association members. The primary mission of Avenue Greenlight is to provide these communities with much-needed financial assistance through these grant programs, ultimately fostering growth and development within the local merchant sector. By offering these micro-grants, Avenue Greenlight empowers local businesses and communities, enabling them to initiate projects and improvements that positively impact their surroundings.

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Impact




October, 2024

Avenue Greenlight has made a significant impact by revitalizing micro-grant programs aimed at supporting local communities and merchant association members in San Francisco. By providing financial assistance to small businesses and community projects, the initiative strengthens local economies and fosters a sense of community. The funding encourages entrepreneurship, enhances neighborhood vibrancy, and allows local merchants to thrive, ultimately contributing to the overall improvement and resilience of San Francisco’s diverse communities. This focus on micro-grants facilitates collaboration among residents and businesses, leading to innovative solutions and a more interconnected urban environment.




This information is meant to be a general summary of Avenue Greenlight. 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
$99,483 (2023)
Expenses
$1,679,714 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $71,530
  • Program Service Revenue: $17,172
  • Gross Receipts: $99,483

Assets and Liabilities:

  • Total Assets: $2,217,338
  • Total Liabilities: $0
  • Net Assets: $2,217,338

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Organization Details

Founding Year

2021

Principal Officer

Keith Goldstein

NTEE Category

Code: S20 - Community improvement

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