Overview
What is Greenline Access Capital?
Greenline Access Capital is a nonprofit organization that focuses on providing microloans and grants to businesses that have been historically excluded from traditional financial systems. Their primary goal is to alleviate poverty and improve community conditions. In addition to financial aid, they offer educational and technical assistance to their 101 clients by connecting them with professionals from various industries such as legal, marketing, construction, communications, accounting, and city business managers. This holistic approach aims to empower these businesses and contribute to the betterment of their communities. Greenline Access Capital has successfully closed 7 microloans to date.
Official website here: www.greenlineaccess.org
Is Greenline Access Capital legitimate?
Greenline Access Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenline Access Capital submitted a form 990EZ, 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: $110,725
Professional Fundraising Fees: $0
Other Salaries and Wages: $138,659
For more financial information, click here
Official website here: www.greenlineaccess.org
What is the mission statement of Greenline Access Capital?
Greenline Access Capital's mission is centered around providing microloans and grants to businesses that have been historically overlooked by traditional financial systems. The primary goal of these financial aids is to alleviate poverty and combat community deterioration. Beyond financial assistance, Greenline Access Capital offers educational and technical support to its clients. This support extends to connecting them with professionals in various industries such as law, marketing, construction, communication, accounting, and city business management. Greenline Access Capital has so far closed 7 microloans, demonstrating its commitment to its mission.
Official website here: www.greenlineaccess.org
Who is the CEO of Greenline Access Capital?
Kersy Azocar is the CEO of Greenline Access Capital The CEO's salary of Greenline Access Capital is $107,500 and their total compensation is $107,500.
Official website here: www.greenlineaccess.org
What is the revenue of Greenline Access Capital?
Greenline Access Capital's revenue in 2024 was $566,338.
Official website here: www.greenlineaccess.org
Who are the executives of Greenline Access Capital and what are their salaries?
The average compensation at Greenline Access Capital during 2024 was $83,128. There are 3 employees and 7 volunteers at Greenline Access Capital.
Here are 8 key members and their salaries (Greenline Access Capital's CEO's salary is $107,500 and their total compensation is $107,500):
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- Compensation: $107,500
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Official website here: www.greenlineaccess.org
Where can I find the form 990 for Greenline Access Capital?
Greenline Access Capital's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.greenlineaccess.org
Learn more at the official website: www.greenlineaccess.org
Mission Statement of Greenline Access Capital
Greenline Access Capital, as a nonprofit organization, focuses on providing microloans and grants to businesses that have been historically excluded from traditional financial systems. Its primary objective is to alleviate poverty and combat community deterioration through these charitable initiatives. In addition to financial aid, Greenline Access Capital offers educational and technical assistance to its 101 clients. By connecting them with industry professionals, such as legal experts, marketers, construction specialists, communicators, accountants, and city business managers, the organization aims to empower these businesses to thrive and contribute positively to their communities. With a total of 7 microloans closed, Greenline Access Capital plays a significant role in supporting underserved businesses, fostering economic growth, and ultimately contributing to the betterment of its communities.
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Impact
August, 2024
Greenline Access Capital plays a crucial role in supporting businesses that have historically been excluded from formal financial systems. By providing microloans and grants, it helps these businesses access the capital they need to thrive. In addition, the organization offers education and technical assistance to its clients, connecting them with resources and professionals from a variety of industries. Through its efforts, Greenline Access Capital is actively working to relieve poverty and combat community deterioration in Philadelphia.
This information is meant to be a general summary of Greenline Access Capital. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $24,884
- Program Service Revenue: $389,803
- Gross Receipts: $566,338
Assets and Liabilities:
- Total Assets: $269,883
- Total Liabilities: $386,325
- Net Assets: -$116,442
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program/Operating Reve
Revenue
$263,667
Service Fee Income
Revenue
$115,550
Loan Fee Income
Revenue
$10,586
Organization Details
Principal Officer
Kersy Azocar
Website
www.greenlineaccess.orgNTEE Category
Code: S31 - Community improvement
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