Trees Atlanta Support Organization Inc

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

EIN: 873394345 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

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.

Here 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 Trees Atlanta Support Organization Inc?
Who is the CEO of Trees Atlanta Support Organization Inc?
What is the revenue of Trees Atlanta Support Organization Inc?
Who are the executives of Trees Atlanta Support Organization Inc and what are their salaries?
Where can I find the form 990 for Trees Atlanta Support Organization Inc?

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.

Impact

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.




Tuesday, June 18, 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.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $0

    • Assets and Liabilities:
  • Total Assets: $15,877,124
  • Total Liabilities: $16,334,738
  • Net Assets: -$457,614
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Greg Levine

    Main Address

    825 WARNER STREET SW SUITE A, ATLANTA, GA, 30310

    NTEE Category

    Code: C11 - Environment

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