Overview
What is Gleaners Distribution Corporation?
Gleaners Distribution Corporation, a 100% non-profit subsidiary of Gleaners Community Food Bank of Southeastern Michigan, plays a vital role in the community. Established to facilitate a New Markets Tax Credit financing transaction for its parent organization, Gleaners Distribution Corporation owns a 181,475 square foot industrial warehouse facility and related equipment, which it leases to Gleaners Community Food Bank. This lease enables the food bank to carry out its volume distribution operations, providing food and programming to its service area. Gleaners Distribution Corporation serves as a crucial component in the food bank's mission to alleviate hunger and support those in need.
Is Gleaners Distribution Corporation legitimate?
Gleaners Distribution Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gleaners Distribution Corporation 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
What is the mission statement of Gleaners Distribution Corporation?
Gleaners Distribution Corporation (GDC) is a non-profit subsidiary, fully owned by Gleaners Community Food Bank of Southeastern Michigan (GCFB). Established to facilitate a New Markets Tax Credit financing transaction for GCFB, GDC owns a 181,475-square-foot industrial warehouse facility and associated equipment. GDC leases this facility and equipment to GCFB, allowing GCFB to carry out its volume distribution operations. These operations provide food and programming to serve their designated area, aiming to alleviate food insecurity and offer essential resources to the community.
Who is the CEO of Gleaners Distribution Corporation?
Gerald Brisson is the President of Gleaners Distribution Corporation.
What is the revenue of Gleaners Distribution Corporation?
Gleaners Distribution Corporation's revenue in 2022 was $101,447.
Who are the executives of Gleaners Distribution Corporation and what are their salaries?
There 5 volunteers at Gleaners Distribution Corporation.
Here are 10 key members and their salaries:
- Compensation: $0
- Related: $314,735
- Other: $3,245
- Compensation: $0
- Related: $204,903
- Other: $11,849
- Compensation: $0
- Related: $163,805
- Other: $6,298
- Compensation: $0
- Related: $144,646
- Other: $6,728
- Compensation: $0
- Related: $146,097
- Other: $4,105
- Compensation: $0
- Related: $0
- 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 Gleaners Distribution Corporation?
Gleaners Distribution Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Gleaners Distribution Corporation
Gleaners Distribution Corporation (GDC), a wholly-owned non-profit subsidiary of Gleaners Community Food Bank of Southeastern Michigan (GCFB), was established with the primary objective of facilitating the New Markets Tax Credit financing transaction for its parent organization. GDC owns and manages a 181,475 square foot industrial warehouse facility and related equipment, which it leases to GCFB for its volume distribution operations. These operations are designed to provide food and programming to GDC's service area, aiming to alleviate food insecurity and support the community. In essence, Gleaners Distribution Corporation serves as a crucial component in the mission of Gleaners Community Food Bank, contributing to the distribution of essential food resources and programming within the designated service area.
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Impact
October, 2024
Gleaners Distribution Corporation (GDC) significantly enhances food distribution and access for communities in Southeastern Michigan. It operates a substantial 181,475-square-foot industrial warehouse facility, which serves as a critical hub for the Gleaners Community Food Bank’s operations. By leasing this facility, GDC ensures that the food bank can efficiently manage its volume distribution, facilitating the delivery of essential food resources and programming to those in need.
The presence of GDC strengthens community resilience by directly addressing food insecurity through effective logistics and distribution capabilities. It plays a key role in optimizing the supply chain for food donations, helping to alleviate hunger in the region. Additionally, by supporting the food bank with specialized infrastructure, GDC contributes to the overall well-being of the community, fostering improvements in public health and social stability.
This information is meant to be a general summary of Gleaners Distribution Corporation. 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 2022.
- Program Service Revenue: $101,447
- Gross Receipts: $101,447
Assets and Liabilities:
- Total Assets: $16,867,359
- Total Liabilities: $16,146,834
- Net Assets: $720,525
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEASE INCOME
Revenue
$101,447
Organization Details
Founding Year
2021
Phone
(866) 453-2637Principal Officer
Gerald Brisson
Main Address
2131 BEAUFAIT, DETROIT, MI, 48207
NTEE Category
Code: S11 - Community improvement
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