Overview
What is Trees Atlanta Support Organization Inc?
Trees Atlanta Support Organization Inc is a nonprofit entity established to aid Trees Atlanta, a Georgia-based organization dedicated to protecting and enhancing Atlanta's urban forest. The Support Organization facilitates the acquisition and construction of a new headquarters for Trees Atlanta by securing loans from community development entity lenders, as part of a deal involving New Markets Tax Credits. The funds raised are utilized to complete the project, which will then be leased back to Trees Atlanta for their operations, enabling them to provide programs and services aimed at urban forest conservation. Trees Atlanta Support Organization operates solely for the benefit of, and carries out the purposes of, Trees Atlanta Inc, ensuring the continuation of their vital work in Atlanta.
Is Trees Atlanta Support Organization Inc legitimate?
Trees Atlanta Support Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Trees Atlanta Support Organization 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
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What is the mission statement of Trees Atlanta Support Organization Inc?
The Trees Atlanta Support Organization Inc operates primarily to assist Trees Atlanta Inc, a Georgia nonprofit, in fulfilling its mission. Specifically, it aids in the acquisition and construction of a new headquarters, securing loans from community development entity lenders as part of a transaction involving New Markets Tax Credits. The funds raised from these loans are utilized to complete the project, which will then be leased back to Trees Atlanta for the purpose of providing programs and services to protect and enhance the urban forest. In essence, the Trees Atlanta Support Organization Inc serves to support its parent organization in its efforts to improve and preserve urban greenery.
Who is the CEO of Trees Atlanta Support Organization Inc?
Greg Levine is the President of Trees Atlanta Support Organization Inc.
What is the revenue of Trees Atlanta Support Organization Inc?
Trees Atlanta Support Organization Inc's revenue in 2023 was $0.
Who are the executives of Trees Atlanta Support Organization Inc and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $135,249
- Other: $0
- Compensation: $0
- Related: $135,691
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Trees Atlanta Support Organization Inc?
Trees Atlanta Support Organization Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Trees Atlanta Support Organization Inc
The Trees Atlanta Support Organization Inc, functioning as a subsidiary to Trees Atlanta Inc, is committed to aiding and furthering the objectives of its parent organization. This support includes facilitating the acquisition and construction of a new headquarters, with the aim of preserving and enhancing Atlanta's urban forest. To achieve this, the organization secures loans from community development entity lenders, leveraging New Markets Tax Credits. These funds are then utilized to complete the project, which will subsequently be leased back to Trees Atlanta for the purpose of delivering programs and services that protect and improve the city's tree population. In essence, the Trees Atlanta Support Organization Inc serves as a vital catalyst in the mission to safeguard and nurture the urban forest of Atlanta.
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Impact
June, 2024
Trees Atlanta Support Organization Inc's impact can be seen through its support of Trees Atlanta in acquiring and constructing a new headquarters in Atlanta, GA. By obtaining loans from community development entity lenders and utilizing new markets tax credits, Trees Atlanta Support Organization has facilitated the completion of this project. The new headquarters will be leased back to Trees Atlanta to enable the organization to continue providing programs and services dedicated to protecting and enhancing Atlanta's urban forest. Through these efforts, Trees Atlanta Support Organization is contributing to the conservation and improvement of the environment in the city.
This information is meant to be a general summary of Trees Atlanta Support Organization 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
Assets and Liabilities:
- Total Assets: $15,877,124
- Total Liabilities: $16,334,738
- Net Assets: -$457,614
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Organization Details
Founding Year
2021
Phone
(404) 522-4097Principal Officer
Greg Levine
Main Address
825 WARNER STREET SW SUITE A, ATLANTA, GA, 30310
NTEE Category
Code: C11 - Environment
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