2023-11-15T15:26:46-06:00 2022-12-31 111986323 MARCUM LLP 100 WESTMINSTER STREET SUITE 500 PROVIDENCE RI 02903 990 2022-01-01 260163730 SOCIAL ENTERPRISE GREENHOUSE SOCI 4012722558 10 DAVOL SQUARE 100 PROVIDENCE RI 02903 JULIE OWENS CEO 4012722558 2023-11-15 1 JULIE OWENS XXX-XX-XXXX 1 DEBRA MITCHELL P00614576 4016004500 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIE OWENS 10 DAVOL SQUARE 100 PROVIDENCE RI 02903 1982244 0 X SEGREENHOUSE.ORG X 2007 RI SOCIAL ENTERPRISE GREENHOUSE (SEG) MISSION IS TO ACCELERATE IMPACT BY PROVIDING INCLUSIVE SUPPORT AND NETWORKS FOR ENTREPRENEURS AND BUSINESSES COMMITTED TO POSITIVE SOCIETAL AND ECONOMIC CHANGE. SEG FOSTERS AN ECOSYSTEM OF DIVERSE STAKEHOLDERS WHO WORK TO ENABLE A MORE JUST, EQUITABLE, AND RESILIENT ECONOMY. 20 20 28 133 0 0 1547066 1781274 174365 177837 2903 4980 0 18153 1724334 1982244 45000 550633 0 0 961885 1172109 0 0 54172 360773 678435 1367658 2401177 356676 -418933 1684166 1756260 456615 947642 1227551 808618 X SOCIAL ENTERPRISE GREENHOUSE (SEG) MISSION IS TO ACCELERATE IMPACT BY PROVIDING INCLUSIVE SUPPORT AND NETWORKS FOR ENTREPRENEURS AND BUSINESSES COMMITTED TO POSITIVE SOCIETAL AND ECONOMIC CHANGE. SEG FOSTERS AN ECOSYSTEM OF DIVERSE STAKEHOLDERS WHO WORK TO ENABLE A MORE JUST, EQUITABLE, AND RESILIENT ECONOMY. 0 0 1176206 184900 9118 VENTURE DEVELOPMENT - SEG'S DELIVERS VENTURE DEVELOPMENT THROUGH A COMPREHENSIVE MENU OF PROGRAMS AND SERVICES DESIGNED TO MEET ENTREPRENEURS AND SMALL BUSINESSES WHERE THEY ARE IN TERMS OF LIFECYCLE AND GEOGRAPHIC LOCATION. ADDITIONALLY, SEG TAILORS ITS PROGRAMMING TO BE CULTURALLY AND LINGUISTICALLY RESPONSIVE. SEG'S SIGNATURE PROGRAMS INCLUDE AN IDEATOR, INCUBATOR, INCUBADORA AND ACCELERATOR, WHICH WORK AS A PIPELINE FOR ENTREPRENEURS TO EXPLORE AN IDEA, BUILD A BUSINESS, AND GROW THEIR VENTURES. THESE PROGRAMS ARE COUPLED WITH ADDITIONAL SERVICES SUCH AS ADVISING FROM EXPERT VOLUNTEERS, PEER SUPPORT FORUMS, PROGRAMS LIKE THE NONPROFIT INNOVATION LAB AND MORE.IN 2022 SEG SERVED OVER 400 ENTREPRENEURS AND VENTURES IN BOTH ENGLISH AND SPANISH ACROSS SEG'S PROGRAMS AND SERVICES. SEG PROMOTES ENTREPRENEURS WHO HAVE BEEN HISTORICALLY EXCLUDED. IN 2022 OVER 75 PERCENT OF SEG VENTURES WERE WOMENOWNED AND OVER 50% WERE BIPOCOWNED. SEG'S PORTFOLIO OF VENTURES ARE FIRMLY ROOTED IN SOCIAL IMPACT AND SPAN A VARIETY OF INDUSTRIES, INCLUDING HEALTH AND WELLNESS, FOOD AND AGRICULTURE, AND ENVIRONMENT. 154455 141467 SEG HUB - THIS PROGRAM IS A CO-WORKING SPACE FOR SOCIAL ENTREPRENEURS. THE SEG HUB IS RHODE ISLAND'S FIRST COMMUNITY AND CO-WORKING SPACE WHERE SOCIAL ENTREPRENEURS, MENTORS, AND BUSINESS PROFESSIONALS COME TOGETHER TO LEARN, WORK, NETWORK, AND SHARE IDEAS. 572975 365733 27252 OTHER ACTIVITIES THAT PROMOTE AND SCALE SOCIAL ENTERPRISES, INCLUDING A LOAN FUND TO SUPPORT HIGH POTENTIAL SOCIAL VENTURES. 1903636 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 18 0 28 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X THE ORGANIZATION 4012722558 10 DAVOL SQUARE 100 PROVIDENCE RI 02903 SCOT JONES DIRECTOR 5.00 X 0 0 0 KIM ANDERSON DIRECTOR 5.00 X 0 0 0 KATHRYN BENDHEIM CO-CHAIR 5.00 X X 0 0 0 BEN ANDERSON DIRECTOR 5.00 X 0 0 0 MARY JO KAPLAN CO-CHAIR 5.00 X X 0 0 0 REBEKA MAZZONE DIRECTOR 5.00 X 0 0 0 MARK MAROSITS DIRECTOR 5.00 X 0 0 0 DAVID MELANCON DIRECTOR 5.00 X 0 0 0 SONIA MILLSOM DIRECTOR 5.00 X 0 0 0 JIM SEYMOUR DIRECTOR 5.00 X 0 0 0 CLAUDIA CARDOZO DIRECTOR 5.00 X 0 0 0 DAN CROCKER DIRECTOR 5.00 X 0 0 0 JULIA MCDOWELL DIRECTOR 5.00 X 0 0 0 GARY RINDNER DIRECTOR 5.00 X 0 0 0 DWAYNE KEYS DIRECTOR 5.00 X 0 0 0 TONY WEISMAN DIRECTOR 5.00 X 0 0 0 MICHAEL HENDERSON DIRECTOR 5.00 X 0 0 0 TINO CHOW DIRECTOR 5.00 X 0 0 0 HEATHER PROVINO DIRECTOR 5.00 X 0 0 0 SANDY ROSS DIRECTOR 5.00 X 0 0 0 JULIE OWENS INTERIM CEO 40.00 X 23387 0 0 KELLY RAMIREZ FORMER CEO 40.00 X 82573 0 0 MATTHEW RAMIREZ COO 40.00 X 105791 0 0 211751 0 0 1 0 0 0 0 986880 794394 1781274 PROGRAM FEES 541610 177837 177837 177837 4980 4980 OTHER INCOME 541610 18153 18153 18153 1982244 195990 0 4980 X 489937 489937 60696 60696 1022238 907273 105988 8977 52185 45310 6404 471 97686 84621 12260 805 48946 48946 310373 129182 172371 8820 23163 22263 900 76139 44771 19032 12336 25345 21508 3837 110992 90770 20222 1306 1266 40 11315 1975 8140 1200 21933 21933 12200 2230 9970 AWARDS EXPENSE 20000 20000 CONTRACT EXPENSE 12500 12500 NON-REIMBURSEABLE 3663 1274 826 1563 BAD DEBT EXPENSE 560 560 2401177 1903636 443369 54172 1231341 963782 48225 173741 199480 354882 71820 146917 5256 5587 241724 134093 124324 107631 3720 3720 1684166 1756260 82920 106843 117545 653299 125000 131150 187500 456615 947642 X 679179 636967 548372 171651 1227551 808618 1684166 1756260 -418933 0 X X 0 1 X 1 0 X 974176 880001 3171544 1547066 1776735 8349522 974176 880001 3171544 1547066 1776735 8349522 129640 8219882 4667 6799 2604 2903 4980 21953 8371475 0.98190 0.91800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 0 175593 81714 93879 66131 52379 13752 107631 LOAN FUND 187500 187500 X PART X, LINE 2: SEG IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. UNDER THIS GUIDANCE, SEG MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE MEASUREMENT OF UNRECOGNIZED TAX POSITIONS IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED TAX POSITIONS ARE CLASSIFIED AS INTEREST EXPENSE AND INCOME TAX EXPENSE, RESPECTIVELY, IN THE CONSOLIDATED STATEMENT OF ACTIVITIES. SEG DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS IN 2022 OR 2021. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF SEG AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50 PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE ARE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31, 2022 AND 2021. SEG IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS PENDING OR IN PROGRESS. 0 BREAK THROUGH WAVES 9500 0 SUPPORT HOPE AND MAIN 50000 0 SUPPORT RHODE ISLAND BLACK BUSINESS ASSOCIATION 50000 0 SUPPORT CENTER FOR SOUTHEAST ASIANS 50000 0 SUPPORT RI HISPANIC CHAMBER OF COMMERCE 50000 0 SUPPORT MULTICULTURAL INNOVATION CENTER 50000 0 SUPPORT COMMUNITY CARE ALLIANCE 25000 0 SUPPORT SPECTRUM THEATRE ENSEMBLE 15000 0 SUPPORT WHAT CHEER FLOWER FARM 50000 0 SUPPORT MELIOR PHARMACEUTICALS 25000 0 SUPPORT GRANTS 14 60696 MATERNOVA EMPLOYEE'S COMPANY - RENTS SPACE FROM SEG 6825 OFFICE SPACE 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL CONFLICT OF INTEREST STATEMENT/DISCLOSURES ARE COMPLETED AND SIGNED ANNUALLY BY BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH REQUEST OF THE CEO. FORM 990, PART IX, LINE 11G CONSULTING PROGRAM: PROGRAM SERVICE EXPENSES 117,932. MANAGEMENT AND GENERAL EXPENSES 172,371. FUNDRAISING EXPENSES 8,820. TOTAL EXPENSES 299,123. VISTA FEES: PROGRAM SERVICE EXPENSES 11,250. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,250. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SEG LOAN FUND LLC 10 DAVOL SQUARE SUITE 100 PROVIDENCE RI 02903 371854121 NON-PROFIT LOAN FUND FOR SOCIAL ENTERPRISES. RI 4358 106324 SOCIAL ENTERPRISE GREENHOUSE