2025-04-30T11:23:17-05:00 2024-06-30 363321958 DESMOND & AHERN LTD 10827 S WESTERN AVENUE CHICAGO IL 606433206 990 2023-07-01 872852513 Greenline Access Capital GREE 6099043537 3525 I St Unit 111 Philadelphia PA 19134 Kersy Azocar President 6099043537 2025-04-30 1 1 Mel Padillo P03172019 7737794720 2025-04-30 2023 2025-03-06 01:10:19Z Kersy Azocar 3525 I St Unit 111 Philadelphia PA 19134 566338 0 X greenlineaccess.org X 2021 PA To provide immigrant and other historically disadvantaged individuals with capital, capacity, connections, and conviction to leverage entrepreneurship for economic and social advancement. 7 7 3 7 0 0 166091 151651 46832 389803 0 24884 0 0 212923 566338 0 0 1372 0 247995 249384 0 0 0 97252 223107 346619 472491 -133696 93847 317132 771302 556338 795329 -239206 -24027 X To provide immigrant and other historically disadvantaged individuals with capital, capacity, connections, and conviction to leverage entrepreneurship for economic and social advancement. 0 0 355366 389803 We connect micro-businesses to the financial resources and capital they need in order to achieve financial wealth and resiliency. We provide customized and culturally relevant Individual Technical Assistance to set up our clients for entrepreneurial success. We provide Group Trainings to complement our Individual Technical Assistance and support our clients' financial well-being.A) OVER 196 CLIENTS SERVED WITH BUSINESS CONSULTING, TECHNICALASSISTANCE AND CONNECTING WITH RESOURCES AND PROFESSIONALS FROM VARIOUSINDUSTRIES: LEGAL, MARKETING, CONSTRUCTION, COMMUNICATIONS, ACCOUNTINGAND CITY BUSINESS MANAGERSB) CLOSED 10 LOANS TOTALING $145,000, AVERAGE LOAN SIZE $14,500C) HOSTED AND COHOSTED 43 FINANCIAL AND BUSINESS WORKSHOPS D) ASSISTED 23 CLIENTS TO OBTAIN $825,500 IN BUSINESS LOANS ANDFEDERAL, LOCAL AND STATE GRANTS 355366 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 1 0 1 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NJ X Kersy Azocar 6099043537 3525 I St Unit 111 Philadelphia PA 19134 Silvia Lucci Director 1.00 X 0 0 0 Elhadji Ndiaye Director 1.00 X 0 0 0 Peter Gonzales Director 1.00 X 0 0 0 Heather Hanowitz Director 1.00 X 0 0 0 Sylvia Garcia-Garcia Director 1.00 X 0 0 0 Luis Mora-Rechnitz Director 1.00 X 0 0 0 Carey Morgan Director 1.00 X 0 0 0 Kersy Azocar President and CEO 40.00 X 107500 0 0 107500 0 0 1 0 0 0 0 151651 151651 Program/Operating Reve 900099 263667 263667 Service Fee Income 900099 115550 115550 Loan Fee Income 900099 10586 10586 389803 24884 24884 566338 389803 0 24884 110725 89225 21500 138659 110282 28377 57830 33253 24577 4883 2808 2075 18441 10604 7837 19417 11165 8252 11542 9234 2308 4805 3844 961 18166 14533 3633 27588 22070 5518 14083 11266 2817 12627 10102 2525 1150 920 230 7335 5868 1467 Provision for Loan Loss 18648 14918 3730 Dues and Subscriptions 6592 5274 1318 472491 355366 117125 0 207390 367204 121855 8755 2889 4176 8102 5748 2970 3928 2778 92883 268474 317132 771302 199639 231788 6000 0 350699 563541 556338 795329 X -239206 -24027 -239206 -24027 317132 771302 93847 121332 0 X X 0 0 0 X 52993 166091 151651 370735 52993 166091 151651 370735 370735 588 5038 24884 30510 401245 389803 0.92400 X 5748 2970 2778 2778 Loan Receivable less allowance for loan 268474 268474 Long Term Loans 563541 563541 Form 990, Part VI, Section A, line 2 Kersy Azocar (CEO) is the sister of Gleidys Arias (Program Manager). Form 990, Part VI, Section A, line 4 By-laws approved for amendment on 1/31/2024 to reflect following language to comply with CDFI requirements "When considering appointments to the Board of Directors, the existing Board of Directors will ensure that the composition of the Board Members continues to maintain accountability to our target market. Therefore, at least 50% of current board members must identify as Latino/Hispanic at all times. If this ever ceases to be the case, the Board will make an expedited and priority effort to return the composition of the board to at least 50% Latino/Hispanic". Form 990, Part VI, Section A, line 7b THE BOARD MAKES DECISIONS BY CASTING AND RECORDING THEIR VOTES. Form 990, Part VI, Section B, line 11b The 990 will be reviewed by Steve Mondozzi for accuracy, and then reviewed by Kersy and Jonathan, who will subsequently present to the board for approval. Form 990, Part VI, Section B, line 12c THE BOARD HAS A WRITTEN CONFLICT OF INTEREST POLICY. Form 990, Part VI, Section B, line 15 THE BOARD USES COMPARABLE INDUSTRY INFORMATON OR EXECUTIVE COMPENSATION , THE BOARD CAREFULLY CONSIDERS COMPENSATION OF ALL EMPLOYEES. THE BOARD USES COMPARABLE INDUSTRY COMPENSATION INFORMATION. Form 990, Part VI, Section C, line 19 ALL REQUIRED DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XII, line 2c: The process did not change from the prior year.