2025-11-17T18:28:05-06:00 2024-12-31 050409384 KAHN LITWIN RENZA & CO LTD 951 NORTH MAIN STREET PROVIDENCE RI 02904 990 2024-01-01 260163730 SOCIAL ENTERPRISE GREENHOUSE SOCI 4012722558 10 DAVOL SQUARE 100 PROVIDENCE RI 02903 JULIE OWENS CEO 4012722558 2025-11-17 1 1 SANDY ROSS P01399337 4012742001 2025-11-17 2024 2025-03-06 01:10:19Z JULIE OWENS 10 DAVOL SQUARE 100 PROVIDENCE RI 02903 2307397 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. 16 16 22 114 0 0 2339858 1956622 169072 337912 11359 12863 0 0 2520289 2307397 470500 330386 0 0 1513335 1346698 0 0 57386 546083 669191 2529918 2346275 -9629 -38878 1889194 1783344 1090014 1023042 799180 760302 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 1398273 130500 210399 VENTURE DEVELOPMENT SEG'S PROGRAMS FOR EARLY-STAGE SOCIAL ENTREPRENEURS INCLUDE AN INCUBATOR AND INCUBADORA (IN SPANISH), WHICH ENABLE ENTREPRENEURS AND ASPIRING ENTREPRENEURS TO EXPLORE, TEST, AND LAUNCH IMPACTFUL BUSINESS MODELS. OUR PROGRAMS FOR ESTABLISHED ENTREPRENEURS INCLUDE AN ACCELERATOR THAT ENABLES THEM TO SCALE INNOVATIVE SOLUTIONS THAT DRIVE LASTING AND PROFOUND IMPACT. AND, FOR THOSE INTERESTED IN ADVANCING THE INTEGRATION OF SOCIAL AND ENVIRONMENTAL IMPACT VALUES AND PRACTICES WITHIN THE RHODE ISLAND ECONOMY, SEG OFFERS IMPACT CLINICS AS WELL AS A MYRIAD OF WORKSHOPS AND EVENTS. IN 2024 SEG SERVED 367 ENTREPRENEURS AND VENTURES, 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 ENVIRONMENTAL SUSTAINABILITY. 209950 127513 COWORKING - THE SEG HUB, LOCATED IN PROVIDENCE'S INNOVATION DISTRICT, OFFERS AN INCLUSIVE WORKSPACE AND COMMUNITY FOR SOCIAL ENTREPRENEURS & PROFESSIONALS. IN 2024, 86 MEMBERS CO-WORKED AT THE SEG HUB, COMING TOGETHER TO LEARN, WORK, NETWORK, AND COLLABORATE. 345764 199886 CAPITAL ACCESS: SEG CONNECTS SOCIAL ENTREPRENEURS WITH THE CAPITAL THEY NEED TO LAUNCH, SCALE AND THRIVE. THE SEG REVOLVING LOAN FUND PROVIDES UP TO $25K TO BUILD RESILIENCE FOR SMALL BUSINESSES, NONPROFITS, & COOPS WITH IMPACT POTENTIAL. THE SEG MICROGRANT FUND GRANTS UP TO $5K TO EARLY-STAGE ENTREPRENEURS TO PUT IDEAS INTO ACTION. IN 2024, SEG DISBURSED LOANS TO TWO INNOVATIVE SOCIAL ENTREPRENEURS, TOTALING $45K, AND RECOGNIZED 47 LOCAL SOCIAL ENTERPRISES WITH MICROGRANTS, TOTALLING $199K. 1953987 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 29 0 22 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 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 DAVID MELANCON BOARD CHAIR 5.00 X 0 0 0 DAN CROCKER VICE CHAIR 5.00 X 0 0 0 TINO CHOW VICE CHAIR 5.00 X 0 0 0 CHARON ROSE SECRETARY 5.00 X 0 0 0 BEN ANDERSON 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 SANDY ROSS DIRECTOR 5.00 X 0 0 0 EZENWAYI AMAECHI EJIRIBE DIRECTOR 5.00 X 0 0 0 ALEX HAMMER DUCAS DIRECTOR 5.00 X 0 0 0 NISHITA ROY-POPE DIRECTOR (AS OF 01/2024) 5.00 X 0 0 0 MELISSA SNAPE DIRECTOR (AS OF 01/2024) 5.00 X 0 0 0 SHIRLEY MOORE DIRECTOR (AS OF 01/2024) 5.00 X 0 0 0 KELLY STONE DIRECTOR (AS OF 01/2024) 5.00 X 0 0 0 JIM COHILL DIRECTOR (AS OF 01/2024) 5.00 X 0 0 0 JULIE OWENS CEO 40.00 X 120000 0 0 120000 0 0 1 0 0 0 0 1176054 780568 1956622 SOCIAL VENTURE SERVICE 541610 210399 210399 SEG HUB PROGRAM 541610 127513 127513 337912 12863 12863 2307397 337912 0 12863 X 292786 292786 37600 37600 229676 206141 18388 5147 933425 823738 65337 44350 14701 13830 570 301 36222 33788 1680 754 132674 94011 33384 5279 8881 8881 118848 15349 103499 241437 209317 31366 754 5492 5392 100 57038 42555 14452 31 37299 30888 6411 120440 95243 25197 4365 3905 460 27523 22566 4357 600 20790 20790 18502 6088 12344 70 BAD DEBT EXPENSE 8576 8576 2346275 1953987 334902 57386 497152 558939 178536 183330 352817 292976 14417 18909 172917 195316 10429 17592 244349 176370 88769 67979 574157 448303 1889194 1783344 139790 83710 166302 245541 783922 693791 1090014 1023042 X 712151 463397 87029 296905 799180 760302 1889194 1783344 -38878 0 X X 0 1 X 1 1 1 X 3171544 1547066 1776735 2339858 1956622 10791825 3171544 1547066 1776735 2339858 1956622 10791825 335432 10456393 2604 2903 4980 11359 12863 34709 10826534 169072 0.96580 0.97510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 175593 114848 60745 68756 61522 7234 67979 SECURITY DEPOSITS 3720 RIGHT OF USE ASSET 444583 448303 LOAN FUND 235742 LEASE LIABILITY 458049 693791 X PART X, LINE 2: SEG IS EXEMPT FROM INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE INSTITUTE OPERATES IN A MANNER CONSISTENT WITH ITS TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVELS. SEG ANNUALLY FILES IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THESE TAX RETURNS ARE SUBJECT TO REVIEW BY THE TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. SEG CURRENTLY HAS NO TAX EXAMINATIONS IN PROGRESS. 0 ARTISAN JOY 5 CONNECTICUT AVE BARRINGTON RI 02806 992577022 501(C)(3) 5000 0 MICROGRANT REMY SPORTS FOUNDATION 672 FAIRMOUNT ST APT 2 WOONSOCKET RI 02895 882970840 501(C)(3) 5000 0 MICROGRANT PROJECT INSULIN 1770 MASSACHUSETTS AVENUE 215 CAMBRIDGE MA 02140 873385962 501(C)(3) 5000 0 MICROGRANT THE RIGHT COURSE 43 PARK AVE PORTSMOUTH RI 02871 921794855 501(C)(3) 5000 0 MICROGRANT MOMS ON MISSIONS 1005 MAIN STREET PAWTUCKET RI 02860 882444119 501(C)(3) 5000 0 MICROGRANT HEROES READ 147 LYNCH ST PROVIDENCE RI 02908 992999558 501(C)(3) 5000 0 MICROGRANT G COLE THEATRICS INC 940 QUAKER LANE APT 2307 EAST GREENWICH RI 02818 994322611 501(C)(3) 5000 0 MICROGRANT DROP LWOP NEW ENGLAND 20 CHILD ST CAMBRIDGE MA 02141 934484912 501(C)(3) 5000 0 MICROGRANT 8 MICRO-GRANTS 10 37500 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL ACCOUNTANTS AND REVIEWED BY THE BOARD OF DIRECTORS. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED, AND A COPY IS SENT TO ALL BOARD MEMBERS, WHO ARE ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS. IF ANY REVISIONS ARE MADE, A FINAL COPY IS SENT TO ALL BOARD MEMBERS. THE FINALIZED VERSION OF THE 990 IS THEN SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY AND HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT, THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION IS APPROVED BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 HE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 175,992. MANAGEMENT AND GENERAL EXPENSES 29,565. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 205,557. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 33,325. MANAGEMENT AND GENERAL EXPENSES 1,801. FUNDRAISING EXPENSES 754. TOTAL EXPENSES 35,880. FORM 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE EITHER ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. SEG LOAN FUND LLC 10 DAVOL SQUARE SUITE 100 PROVIDENCE RI 02903 371854121 NON-PROFIT LOAN FUND FOR SOCIAL ENTERPRISES. RI 0 0 SOCIAL ENTERPRISE GREENHOUSE