Solar System Cooperative
- Assets
- $136.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- Data as of
- 12/2022
- EIN
- 86-1618412
Organization Overview
Solar System Cooperative is located in Pittsburgh, PA. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solar System Cooperative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Solar System Cooperative generated $22.3k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $25.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FOR THE THE YEAR 2022, THE SOLAR SYSTEM HOUSING COOPERATIVE PROVIDED BELOW MARKET RATE, AFFORDABLE HOUSING FOR FIVE LOW -INCOME INDIVIDUALS AT IT'S PROPERTIES. AS PART OF HOUSING THESE LOW INCOME INDIVIDUALS WE ALSO FOCUSED ON ENRICHING THESE RESIDENTS' LIVES THROUGH FAMILY STYLE DINNERS SEVERAL TIMES A WEEK AND MADE RESIDENTS FEEL EMPOWERED, RESPONSIBLE, AND SUPPORTED IN THEIR HOME. WE ALSO CREATED A SENSE OF COMMUNITY AMONG RESIDENTS THROUGH SELF-ORGANIZED WEEKLY POTLUCK DINNERS AMONG RESIDENTS AND THEIR FRIENDS AND FAMILY, WHO ALSO TENDED TO BE LOW INCOME INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharyn Gaslowitz President | 2 | $0 | |
Jonathan Martin Treasurer | 2 | $0 | |
Hannah Dobbs Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,319 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $22,321 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,860 |
| Occupancy, rent, utilities, and maintenance | $12,518 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $10,641 |
| Total expenses | $25,031 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,897 |
| Other assets | $0 |
| Total assets | $136,524 |
| Total liabilities | $159,794 |
| Net assets or fund balances | -$23,270 |