Center For Ecotechnology Inc
- Assets
- $5.3m
- Revenue
- $8.8m
- Investments
- $0.0
- Employees
- 96
- Location
- Dalton, MA
- Founding
- 05/1978
- Data as of
- 10/2022
- EIN
- 04-2611726
Organization Overview
Center For Ecotechnology Inc is located in Dalton, MA. The organization was established in 1978. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 10/2022, Center For Ecotechnology Inc employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Ecotechnology Inc 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 10/2022, Center For Ecotechnology Inc generated $8.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $9.5m during the year ending 10/2022. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES AND EDUCATION TO SAVE ENERGY AND REDUCE WASTE
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMERCIAL - CET PARTNERS WITH GOVERNMENT, INDUSTRY AND FOUNDATIONS TO PROVIDE OUTREACH, EDUCATION AND TECHNICAL ASSISTANCE TO BUSINESSES, INSTITUTIONS AND FARMS TO HELP THEM SAVE ENERGY, REDUCE WASTE AND IMPROVE ENVIRONMENTAL PERFORMANCE. SERVICES INCLUDE INNOVATIVE PILOT AND PRODUCTION SCALE WORK IN WASTED FOOD RECOVERY, ENERGY EFFICIENCY, RENEWABLE ENERGY, WASTE REDUCTION AND RECYCLING. CET ALSO PROVIDES ENERGY EFFICIENCY SERVICES TO EXISTING MULTI-FAMILY HOMES FOR CUSTOMERS OF UTILITY COMPANIES. THESE SERVICES INCLUDED ENERGY AUDITS WITH INSTALLATION OF ENERGY EFFICIENT LIGHTING AND OTHER SAVINGS MEASURES AS WELL AS RECOMMENDING, ARRANGING AND INSPECTING CONTRACTED INSULATION AND AIR SEALING WORK TO SAVE ADDITIONAL ENERGY.
RESIDENTIAL - CET PARTNERS WITH GOVERNMENT, INDUSTRY AND FOUNDATIONS TO PERFORM INNOVATIVE PILOT PROGRAMS TO HELP INCREASE ENERGY SAVINGS IN HOMES, PARTICIPATION IN THESE PRACTICES, AND THE HEALTH AND ECONOMIC BENEFITS TO PARTICIPANTS. CET ALSO PROVIDES ENERGY EFFICIENCY SERVICES TO EXISTING SINGLE FAMILY HOMES FOR CUSTOMERS OF UTILITY COMPANIES. THESE SERVICES INCLUDE ENERGY AUDITS WITH INSTALLATION OF ENERGY EFFICIENT LIGHTING AND OTHER SAVINGS MEASURES AS WELL AS RECOMMENDING, ARRANGING AND INSPECTING CONTRACTED INSULATION AND AIR SEALING WORK TO SAVE ADDITIONAL ENERGY. CET ALSO PROVIDES TECHNICAL ASSISTANCE TO BUILDERS AND HOMEOWNERS TO IMPROVE THE ENVIRONMENTAL PERFORMANCE OF NEW HOMES. SERVICES INCLUDE PLAN REVIEW, RECOMMENDATIONS, INSPECTION AND VERIFICATION, AND ASSISTANCE WITH PARTICIPATION IN INCENTIVE AND RATING PROGRAMS (ENERGY STAR, LEED FOR HOMES) AND CODE COMPLIANCE.
RETAIL - CET OPERATES ECOBUILDING BARGAINS, A USED BUILDING MATERIALS STORE THAT ACCEPTS DONATIONS OF USED AND SURPLUS DOORS, WINDOWS, CABINETS, AND PLUMBING AND ELECTRICAL FIXTURES TO SAVE THEM FROM DISPOSAL AND SELLS THEM AT LOW COST TO HELP OTHERS FIX UP THEIR HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Majercak Pres(thru 5/22) | OfficerTrustee | 40 | $135,548 |
Jae Mcauley Dir Of Sales | 40 | $122,304 | |
Lorenzo Macaluso Chief Growth Off | 40 | $120,986 | |
Mark O'hearne Energy Engineer | 40 | $110,635 | |
Lisa Kohler Dir Of Programs | 40 | $104,436 | |
Ashley Muspratt Pres (eff 5/22) | OfficerTrustee | 40 | $95,733 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,323,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $163,718 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,487,273 |
| Total Program Service Revenue | $4,989,127 |
| Investment income | $2,825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,433 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,269,459 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,781,564 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,727 |
| Compensation of current officers, directors, key employees. | $158,727 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,246,267 |
| Pension plan accruals and contributions | $86,080 |
| Other employee benefits | $372,785 |
| Payroll taxes | $451,542 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,820 |
| Fees for services: Accounting | $27,139 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $361,089 |
| Advertising and promotion | $97,831 |
| Office expenses | $12,624 |
| Information technology | $195,513 |
| Royalties | $0 |
| Occupancy | $138,437 |
| Travel | $224,776 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,619 |
| Interest | $32,763 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $257,849 |
| Insurance | $157,773 |
| All other expenses | $177,893 |
| Total functional expenses | $9,491,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $518,197 |
| Savings and temporary cash investments | $789,355 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,018,696 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,808 |
| Prepaid expenses and deferred charges | $126,349 |
| Net Land, buildings, and equipment | $2,780,530 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,707 |
| Total assets | $5,279,642 |
| Accounts payable and accrued expenses | $818,380 |
| Grants payable | $0 |
| Deferred revenue | $89,362 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $729,368 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $65,716 |
| Total liabilities | $1,702,826 |
| Net assets without donor restrictions | $3,503,061 |
| Net assets with donor restrictions | $73,755 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,279,642 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Center For Ecotechnology Inc has recieved totaling $181,500.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Western Massachusetts Springfield, MA PURPOSE: ENVIRONMENTAL | $56,000 |
The Schmidt Family Foundation Palo Alto, CA PURPOSE: OCEAN STEWARDSHIP AND RESEARCH | $40,000 |
Beveridge Family Foundation Inc West Newbury, MA PURPOSE: CET STRATEGIC INFORMATION SYSTEMS OVERHAUL | $30,000 |
Joy In Blue Foundation Litchfield Park, AZ PURPOSE: OPERATING SUPPORT | $25,000 |
Joy In Blue Foundation Litchfield Park, AZ PURPOSE: OPERATING SUPPORT | $25,000 |
Adelard A & Valeda Lea Roy Foundation Boston, MA PURPOSE: TO PROMOTE ENERGY EFFICIENCY AND WASTE REDUCTION | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Efficiency Forward Inc Medford, MA | $5,907,697 | $9,722,584 |
Center For Ecotechnology Inc Dalton, MA | $5,279,642 | $8,781,564 |
New York City Energy Efficiency Corporation New York, NY | $49,730,328 | $4,961,348 |
Environment Next Inc East Aurora, NY | $24,217,627 | $8,709,351 |
E4thefuture Framingham, MA | $19,416,406 | $1,363,963 |
Northeast Energy Efficiency Partnerships Inc Lexington, MA | $4,479,644 | $4,251,266 |
Deploy-Us Inc Boston, MA | $2,976,414 | $4,253,205 |
Interstate Renewable Energy Council Albany, NY | $3,755,320 | $4,093,970 |
National Wind Technology Consortium Albany, NY | $2,138,543 | $2,465,652 |
Sustainable Westchester Inc Mount Kisco, NY | $1,228,571 | $2,221,583 |
Ct Energy Efficiency Finance Company Wallingford, CT | $31,376,101 | $1,991,460 |
Clean Energy States Alliance Inc Montpelier, VT | $1,022,746 | $1,229,033 |