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Nonprofiteer
← THE EVERGREEN FOUNDATION

Form 990 for tax year 2024

Filed by THE EVERGREEN FOUNDATION.

Totals

Total revenue
$2,146,731
Total expenses
$2,471,410
Contributions and grants received
$762,845
Grants paid
$188,228
Program service revenue
$1,373,536
Investment income
$10,350
Other revenue
$0
Total assets, end of year
$20,742,766
Total liabilities, end of year
$17,013,738
Net assets or fund balances, end of year
$3,729,028
Program services expenses (Part IX)
$2,458,000
Management and general expenses
$13,410
Fundraising expenses
$0
Program service expenses (Part III)
$2,458,000

Program services were 99.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $33,000

  • 1f · All other contributions, gifts and grants

    $729,845

  • 1g · Noncash contributions included above

    $11,451

  • 2a · Program service revenue: FURNISH FACILITIES

    total $1,373,536 · related or exempt $1,373,536

  • 3 · Investment income

    total $12 · excluded $12

  • 7a · Gross sales of assets other than inventory

    other assets $10,338

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $10,338

  • 7d · Net gain or loss

    total $10,338 · excluded $10,338

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $188,228 · program services $188,228

  • 7 · Other salaries and wages

    total $238,321 · program services $238,321

  • 8 · Pension plan contributions

    total $5,882 · program services $5,882

  • 9 · Other employee benefits

    total $37,952 · program services $37,952

  • 10 · Payroll taxes

    total $18,903 · program services $18,903

  • 11g · Fees: other

    total $80,113 · program services $78,613 · management and general $1,500

  • 12 · Advertising and promotion

    total $7,452 · program services $7,452

  • 13 · Office expenses

    total $979 · program services $979

  • 14 · Information technology

    total $3,088 · program services $3,088

  • 16 · Occupancy

    total $9,753 · program services $9,753

  • 17 · Travel

    total $1,162 · program services $1,162

  • 19 · Conferences, conventions and meetings

    total $6,901 · program services $6,901

  • 20 · Interest

    total $334,548 · program services $334,548

  • 22 · Depreciation, depletion and amortization

    total $731,762 · program services $731,762

  • 23 · Insurance

    total $7,542 · program services $7,542

  • 24a · Other expenses: OPERATING COSTS

    total $414,083 · program services $414,083

  • 24b · Other expenses: UTILITIES

    total $246,462 · program services $246,462

  • 24c · Other expenses: MORTGAGE EXPENSE

    total $55,255 · program services $43,358 · management and general $11,897

  • 24d · Other expenses: BUILDING REPAIRS AND MA

    total $42,360 · program services $42,360

  • 24e · All other expenses

    total $40,664 · program services $40,651 · management and general $13

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $897,642 · end of year $854,902

  • 10a · Land, buildings and equipment: cost or other basis

    $25,940,636

  • 10b · Land, buildings and equipment: accumulated depreciation

    $6,689,830

  • 10c · Land, buildings and equipment, net

    beginning of year $18,484,829 · end of year $19,250,806

  • 15 · Other assets

    beginning of year $559,329 · end of year $637,058

  • 17 · Accounts payable and accrued expenses

    beginning of year $47,195 · end of year $18,123

  • 19 · Deferred revenue

    beginning of year $3,633

  • 23 · Secured mortgages and notes payable

    beginning of year $13,426,841 · end of year $12,523,864

  • 25 · Other liabilities

    beginning of year $2,503,306 · end of year $4,471,751

  • 27 · Net assets without donor restrictions

    beginning of year $3,954,994 · end of year $3,723,197

  • 28 · Net assets with donor restrictions

    beginning of year $5,831 · end of year $5,831

Mission and programs · 2024

Mission

TO SUPPORT THE MISSION, SERVICES AND PROGRAMS OF EHS, INC. AND AFFILIATED ORGANIZATIONS.

Activities or mission (Part I)

TO SUPPORT THE MISSION, SERVICES AND PROGRAMS OF EHS, INC AND AFFILIATED ORGANIZATIONS.

  • PROVIDED SUPPORT FOR THE CHARITABLE, SCIENTIFIC OR EDUCATIONAL PURPOSES OF EHS, INC. AND AFFILIATED ORGANIZATIONS.

    Expenses $2,458,000 · Grants $188,228 · Revenue $1,373,536

As filed on the 2024 return.

Listed in Part VII

  • MARTIN STECK

    BOARD MEMBER, CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JAVIER BUSTILLOS

    BOARD MEMBER, VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN KAWALER PHD

    BOARD MEMBER (TO 3/7/24)

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • DAVID CYR

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • JANICE BARRETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • JOY FELDMAN ESQ

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • KANIKA DURLAND

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • NICKI STUCKERT

    BOARD MEMBER (TO 9/18/24)

    Total calculated
    $0
    Hours/week
    1

  • THOMAS OWEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • RAYMOND GANOE

    CEO/CORPORATE PRESIDENT

    Total calculated
    $707,015
    From this org
    $0
    From related orgs
    $669,790
    Other
    $37,225
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $544,790 related
    Bonus
    $0 + $125,000 related
    Other
    $0
    Deferred
    $0 + $12,208 related
    Nontaxable benefits
    $0 + $25,017 related
    Filer's total
    $0 + $707,015 related

  • JESSE GASBARRO

    CFO/CORPORATE VP & TREASURER

    Total calculated
    $336,037
    From this org
    $0
    From related orgs
    $299,478
    Other
    $36,559
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $244,478 related
    Bonus
    $0 + $55,000 related
    Other
    $0
    Deferred
    $0 + $11,542 related
    Nontaxable benefits
    $0 + $25,017 related
    Filer's total
    $0 + $336,037 related

  • MICHAEL LEE

    COO/CORPORATE VP & SECRETARY

    Total calculated
    $369,991
    From this org
    $0
    From related orgs
    $346,763
    Other
    $23,228
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $271,763 related
    Bonus
    $0 + $75,000 related
    Other
    $0
    Deferred
    $0 + $13,750 related
    Nontaxable benefits
    $0 + $9,478 related
    Filer's total
    $0 + $369,991 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE FILING ORGANIZATION EMPLOYEES ARE PAID AND REPORTED ON ITS PARENT COMPANY IN ACCORDANCE WITH THE IRS COMMON PAYMASTER REGULATIONS OF THE INTERNAL REVENUE CODE (IRC 3121(S), 3306(P), 3306(C)(8), AND TREASURY REGULATIONS 31.3121(S)-1 AND 31.3306(P)-1. THE BOARD OF DIRECTORS OF EHS, INC., THE PARENT OF THE FILING ORGANIZATION, IS PROVIDED WITH A LIST OF OTHER NON-PROFIT ORGANIZATIONS IN THE AREA AND THEIR CEO'S COMPENSATION. THE BOARD OF DIRECTORS UTILIZES THIS INFORMATION TO DETERMINE THE APPROPRIATE LEVEL OF COMPENSATION FOR THE CEO OF EHS, INC., WHO IS ALSO THE PRESIDENT/CEO OF THE FILING ORGANIZATION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • EVERGREEN LOFTS SUPPORTIVE RESIDENCE LP

    RELATED · RESIDENTIAL REAL ESTATE · NY · 0.75% owned · share of assets $434,937 · general or managing partner

    Directly controlled by ELA DEVELOPMENT INC AND ELA HOUSING DEVELOPMENT FUND

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Provenance

Return type
form_990
Tax year
2024
Filed
5 November 2025
IRS schema version
2024v5.2
Source object
202543109349303479

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