2024-11-14T14:28:00-06:00 2023-12-31 061244958 CARTER HAYES ASSOCIATES PC 1970 WHITNEY AVENUE BLDG 2 HAMDEN CT 06517 990 2023-01-01 825066584 GREEN PLANET COMPANY GREE 2034581135 94 STATE STREET GUILFORD CT 06437 GEORGE CHRISTOPHER WIDMER DIRECTOR 2034581135 2024-11-14 1 1 DAVID A SCARAMOZZA P00157253 2032873990 2023 2024-10-15 13:58:12Z GEORGE CHRISTOPHER WIDMER 94 STATE STREET GUILFORD CT 06437 1197687 0 X N/A X 2018 CT THE PURPOSE OF THE CORPORATION IS TO DEVELOP, REDEVELOP, MANAGE, FINANCE, SPONSOR, INVEST IN, OWN, OPERATE AND/OR EXPAND THE AVAILABILITY OF LOW AND MODERATE INCOME, DISABLED, ELDERLY, MIXED-INCOME AND/OR MIXED-USE AFFORDABLE HOUSING DEVELOPMENTS, OR COMPONENTS THEREOF, IN THE STATE OF CONNECTICUT. 5 4 1 0 0 0 1200214 1197687 0 0 -455229 0 0 0 744985 1197687 0 0 0 0 29684 27282 0 0 1976 28618 33514 58302 60796 686683 1136891 2692352 4363751 1916699 2451190 775653 1912561 X TO ADDRESS THE AFFORDABLE HOUSING CRISIS IN THE STATE OF CONNECTICUT. 0 0 39348 DURING 2019 WE WERE ABLE COMPLETE THE PURCHASE OF THE 15 ACRE PROPERTY AT 376 STATE STREET, GUILFORD CT.DURING 2020, WE SUB-DIVIDED THE 15 ACRE PROPERTY AT 376 STATE STREET INTO 4 LOTS. THE EXISTING HOUSE PLUS 3 ACRES OF LAND WERE ON ONE LOT AND WAS SOLD DURING 2020 RESULTING IN A PARTIAL RE-PAYMENT OF THE ACQUISITION LOAN. WORK ON TWO LOTS (ONE 1 ACRE AND ONE 1.5 ACRES) WAS STARTED IN NOVEMBER, 2020 AS STAND ALONE AFFORDABLE HOMEOWNERSHIP HOMES. A SPECIAL PERMIT FROM THE TOWN OF GUILFORD PLANNING AND ZONING COMMISSION WAS GRANTED IN APRIL, 2020 FOR AN 7 UNIT COTTAGE COMMUNITY ON THE REMAINING 9.5 ACRE LOT. DURING 2021, WORK ON THE FIRST 2 HOMES (PHASE 1) OF A 9 HOME AFFORDABLE HOMEOWNERSHIP PROJECT WAS COMPLETED AND THE HOMES WERE SOLD IN 2022. WORK ON THE REMAINING 7 HOMES (PHASE 2) COMMENCED IN JUNE 2022. BY YEARS END, THE 7 HOME CONDOMINIUM PROJECT WAS 40% COMPLETE. AS OF THE END OF 2023 WORK ON THE 7 UNIT CONDOMINIUM WAS COMPLETE AND ALL THE HOMES WERE UNDER CONTRACT. AS OF DECEMBER 31, 2023, WE HAVE SPENT A TOTAL OF $4,174,571 (NET OF $1,612,081 OF COSTS REMOVED WITH PROPERTIES SOLD IN 2020 AND 2022) ON DEVELOPMENT WORK AND HAVE INCLUDED THESE AMOUNTS ON THE BALANCE SHEET. THESE COSTS INCLUDED THE DEVELOPMENT OF THE PROPERTY AT 376 STATE STREET, GUILFORD CT AND VARIOUS COSTS RELATED TO THE DEVELOPMENT OF THIS PROPERTY THAT INCLUDED SURVEYS, ARCHITECTURAL, ENGINEERING, ENVIRONMENTAL, AND CONSTRUCTION. 39348 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 26 0 1 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 CT X X THE ORGANIZATION 2034581135 94 STATE STREET GUILFORD CT 06437 BETSY STERZEL BOARD MEMBER 2.00 X 0 0 0 GEORGE CHRISTOPHER WIDMER PRESIDENT 40.00 X X 22000 0 3134 DAVID PROVENCHER SECRETARY 2.00 X X 0 0 0 MICHAEL BARON TREASURER 2.00 X X 0 0 0 LINDA BRILL BOARD MEMBER 2.00 X 0 0 0 22000 0 3134 0 0 0 0 0 1197687 1197687 1197687 0 0 0 25134 21364 2513 1257 2148 1826 215 107 9484 1897 7113 474 2060 2060 7020 1026 5994 2752 2339 275 138 207 207 7628 7628 4363 3268 1095 60796 39348 19472 1976 146201 189180 2546151 4174571 2692352 4363751 9917 30272 161580 284320 1643049 2036791 102153 99807 1916699 2451190 X 775653 1912561 775653 1912561 2692352 4363751 1136891 17 0 X 0 0 0 X 30863 256763 1200214 1197687 2685527 30863 256763 1200214 1197687 2685527 2685527 2291 747 3038 2688565 7222 0.99890 0.99800 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 BUILDING, LAND AND DEVELOPMENT COSTS 4174571 4174571 GEORGE CHRISTOPHER WIDMER PRESIDENT TO PROVIDE OPERATING CASH UNTIL PROJECT FINANCING OBTAINED X 261500 284320 0 1 1 284320 FORM 990, PART VI, SECTION A, LINE 6 GREEN PLANET COMPANY IS A NON-STOCK CORPORATION AND SHALL NOT HAVE OR ISSUE SHARES OF STOCK OR MAKE DISTRIBUTIONS. GREEN PLANET COMPANY SHALL NOT HAVE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B CURRENTLY THERE ARE NO COMMITTEES THAT CAN ACT ON BEHALF OF THE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990, PREPARED BY THE CONTRACTED CPA FIRM, IS PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO ITS SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 MADE AVAILABLE UPON REQUEST. GREEN PLANET DEVELOPMENT LLC 94 STATE STREET GUILFORD CT 06437 841898207 CONSTRUCTION AND DEVELOPMENT OF AFFORDABLE HOUSING CT 1188687 3945373 GREEN PLANET COMPANY