End Of Life Vehicle Solutions Corporation
- Assets
- $3.7m
- Revenue
- $590.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- 12/2006
- Data as of
- 12/2021
- EIN
- 20-3429074
Organization Overview
End Of Life Vehicle Solutions Corporation is located in Farmington Hills, MI. The organization was established in 2006. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. End Of Life Vehicle Solutions Corporation is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, End Of Life Vehicle Solutions Corporation generated $590.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $512.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ELVS PROMOTES ENVIRONMENTAL EFFORTS IN RECYCLABILITY, EDUCATION AND OUTREACH, AND THE PROPER MANAGEMENT OF SUBSTANCES OF CONCERN. CURRENTLY WE RECYCLE MERCURY FROM AUTOMOTIVE SWITCHES AND PROVIDE A HOTLINE AND WEBSITE ON PROPER RECYCLING OF HYBRID VEHICLE BATTERIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PURPOSE IS TO EDUCATE RECYCLERS ON THE PROPER PROCEDURES FOR MERCURY REMOVAL AND PROVIDE A MEANS FOR THE COLLECTION AND RECYCLING OF AUTOMOTIVE MERCURY SWITCHES; IN ADDITION, WE PROVIDE A HOTLINE AND WEB-BASED INFORMATION FOR RECYCLING AND HANDLING OF HIGH VOLTAGE (HYBRID/EV) BATTERIES. WE CONTINUE TO COLLECT AND RECYCLE MERCURY SWITCHES FROM RECYCLERS IN ALL 50 STATES. THE NUMBER OF PARTICIPANT RECYCLERS CONTINUES TO GROW AND EDUCATION MATERIALS PROVIDING TRAINING IN ENVIRONMENTALLY-FRIENDLY DISPOSAL ARE PROVIDED TO ALL PARTICIPANTS. VEHICLE MANUFACTURERS ARE BILLED FOR RECYCLING COSTS BASED ON THEIR SHARE OF SWITCHES. IN 2021, ACTIVE PARTICIPANTS RETURNED 278 LBS OF MERCURY. OUR CUMULATIVE PROGRAM TOTAL FOR MERCURY SWITCHES IS NOW OVER 8 TONS.
OUR PURPOSE IS TO EDUCATE RECYCLERS ON THE PROPER PROCEDURES FOR MERCURY REMOVAL AND PROVIDE A MEANS FOR THE COLLECTION AND RECYCLING OF AUTOMOTIVE MERCURY SWITCHES; IN ADDITION, WE PROVIDE A HOTLINE AND WEB-BASED INFORMATION FOR RECYCLING AND HANDLING OF HIGH VOLTAGE (HYBRID/EV) BATTERIES. WE CONTINUE TO COLLECT AND RECYCLE MERCURY SWITCHES FROM RECYCLERS IN ALL 50 STATES. THE NUMBER OF PARTICIPANT RECYCLERS CONTINUES TO GROW AND EDUCATION MATERIALS PROVIDING TRAINING IN ENVIRONMENTALLY-FRIENDLY DISPOSAL ARE PROVIDED TO ALL PARTICIPANTS. VEHICLE MANUFACTURERS ARE BILLED FOR RECYCLING COSTS BASED ON THEIR SHARE OF SWITCHES. IN 2021, ACTIVE PARTICIPANTS RETURNED 278 LBS OF MERCURY. OUR CUMULATIVE PROGRAM TOTAL FOR MERCURY SWITCHES IS NOW OVER 8 TONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Rippon Assoc Admin Director | Officer | 20 | $81,060 |
Mary Bills Executive Director | Officer | 20 | $69,510 |
Cj Andary Consulting Llc Treasurer | OfficerTrustee | 7 | $30,378 |
Joseph Lucht Assistant Treasurer | OfficerTrustee | 1 | $0 |
Dan Adsit President | OfficerTrustee | 2 | $0 |
Kurt Karata Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eq - The Environmental Quality Co Recycling Services | 12/30/16 | $424,483 |
Mary J Bills Management Services Llc Director Servcs | 12/30/16 | $106,861 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $540,906 |
| Investment income | $49,219 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $590,125 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $111,260 |
| Fees for services: Legal | $3,138 |
| Fees for services: Accounting | $20,286 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,939 |
| Advertising and promotion | $0 |
| Office expenses | $2,154 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $840 |
| Travel | $2,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,821 |
| All other expenses | $230 |
| Total functional expenses | $512,480 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $913,413 |
| Savings and temporary cash investments | $1,745,994 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $26,723 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $998,552 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,684,682 |
| Accounts payable and accrued expenses | $53,249 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,886,538 |
| Total liabilities | $2,939,787 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $744,895 |
| Total liabilities and net assets/fund balances | $3,684,682 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Recycle Ann Arbor Dexter, MI | $11,542,898 | $7,857,536 |
Athens-Hocking County Recycling Centers Inc Athens, OH | $6,739,036 | $4,851,164 |
Southern Ohio Diversification Initiative Piketon, OH | $2,082,537 | $1,121,212 |
Bay Area Recycling For Charities Traverse City, MI | $1,268,264 | $1,346,592 |
Shirley Heinze Land Tr Inc Valparaiso, IN | $18,008,836 | $2,760,866 |
Ret 3 Job Corp Inc Cleveland, OH | $342,285 | $681,437 |
End Of Life Vehicle Solutions Corporation Farmington Hills, MI | $3,684,682 | $590,125 |
Midland Volunteers For Recycling Inc Midland, MI | $75,551 | $276,025 |
Cincinnati Recycling And Reuse Hub Cincinnati, OH | $375,982 | $466,391 |
Bowling Green Recycling Center Inc Bowling Green, OH | $788,832 | $214,664 |
People For Urban Progress Indianapolis, IN | $68,915 | $164,488 |
Berlin Conservation Club Inc Berlin, WI | $538,397 | $154,902 |