Nc Greenpower Corporation Non Profit
- Assets
- $4.0m
- Revenue
- $906.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 08/2003
- Data as of
- 12/2021
- EIN
- 22-3895009
Organization Overview
Nc Greenpower Corporation Non Profit is located in Raleigh, NC. The organization was established in 2003. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, 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. NC Greenpower Corporation Non Profit 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 12/2021, NC Greenpower Corporation Non Profit generated $906.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, NC Greenpower Corporation Non Profit has awarded 19 individual grants totaling $245,469. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
NC GREENPOWER'S MISSION IS TO EXPAND PUBLIC KNOWLEDGE AND ACCEPTANCE OF CLEANER ENERGY TECHNOLOGIES TO ALL NORTH CAROLINIANS THROUGH LOCAL, COMMUNITY BASED INITIATIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NC GREENPOWER PROMOTES THE DEVELOPMENT AND USE OF RENEWABLE ENERGY IN NC AND CARBON OFFSETS IN NC/SC/VA.IN ADDITION NC GREENPOWER THROUGH IT SOLAR SCHOOLS PROGRAM PROVIDES GRANTS FOR EDUCATIONAL SOLAR PACKAGES TO NORTH CAROLINA K-12 SCHOOLS. WITH DUKE ENERGY RENEWABLE ENERGY (MASS MARKET PRODUCT) DONORS SWITCHING OVER TO SUPPORT SOLAR+ SCHOOLS IN 2021, THERE ARE CURRENTLY 729 ELECTRIC UTILITY CUSTOMERS SUBSCRIBED TO THE RENEWABLE ENERGY PRODUCT, PROVIDING A PREMIUM ABOVE THE USUAL MONTHLY UTILITY PAYMENTS TO SUPPORT APPROXIMATELY 4,871,318 KWH OF ENERGY ANNUALLY COMING FROM RENEWABLE ENERGY INSTEAD OF TRADITIONAL SOURCES SUCH AS COAL.
FOR CARBON OFFSETS, 247 ELECTRIC UTLITY CUSTOMERS SUBSCRIBED TO SUPPORT THE MITIGATION OF 2,214 TONS OF CARBON DIOXIDE.
FOR THE DUKE ENERGY DONORS WHO SWITCHED TO SUPPORT SOLAR+ SCHOOLS, THE PROGRAM HAD 4,820 CONTRIBUTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Woosley Chair | OfficerTrustee | 1 | $0 |
Connie Oldham Secretary | OfficerTrustee | 1 | $0 |
Victoria Mccann Vice Preside | OfficerTrustee | 40 | $0 |
Ewan Pritchard Vice Chair | OfficerTrustee | 1 | $0 |
Katherine Kollins Treasurer | OfficerTrustee | 1 | $0 |
Robert Goodson President/ex | OfficerTrustee | 4 | $0 |
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 | $855,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $855,318 |
| Total Program Service Revenue | $0 |
| Investment income | $50,645 |
| 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 | $905,963 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $88,908 |
| 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 | $0 |
| Fees for services: Legal | $4,715 |
| Fees for services: Accounting | $54,553 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,794 |
| Advertising and promotion | $20,775 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,389 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,001 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $1,620 |
| Total functional expenses | $1,158,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $452,129 |
| Savings and temporary cash investments | $3,428,713 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,171 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $50,243 |
| Prepaid expenses and deferred charges | $22,561 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,918 |
| Total assets | $3,961,735 |
| Accounts payable and accrued expenses | $107,627 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $220,194 |
| 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 | $0 |
| Total liabilities | $327,821 |
| Net assets without donor restrictions | $3,633,914 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,961,735 |
Grants Awarded
Over the last fiscal year, Nc Greenpower Corporation Non Profit has awarded $74,715 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HIDDEN VALLEY ES PURPOSE: SOLAR EDUCATION | $25,527 |
THE FLETCHER ACADEMY PURPOSE: SOLAR EDUCATION | $20,200 |
WESTERN UNION ES PURPOSE: SOLAR EDUCATION | $17,019 |
ISLAND MONTESSORI PURPOSE: SOLAR EDUCATION | $11,969 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Nc Greenpower Corporation Non Profit has recieved totaling $2,018.
| Awarding Organization | Amount |
|---|---|
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,776 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $189 |
Verizon Foundation Basking Ridge, NJ PURPOSE: MIP PAYOUT FOR 11/03/21 | $53 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southface Energy Institute Inc Atlanta, GA | $9,241,956 | $6,315,697 |
Southern Alliance For Clean Energy Knoxville, TN | $8,898,789 | $4,579,602 |
Local Energy Alliance Program Inc Charlottesville, VA | $475,433 | $2,951,127 |
Energy Systems Integration Group Inc Reston, VA | $3,006,123 | $2,422,992 |
Southeast Energy Efficiencyalliance Inc Atlanta, GA | $2,282,467 | $3,474,568 |
Energy Innovation Reform Project Arlington, VA | $1,660,299 | $397,855 |
Mzc Foundation Inc Atlanta, GA | $780,857 | $1,908,335 |
Greenlink Analytics Inc Atlanta, GA | $1,968,974 | $2,188,127 |
Nc Greenpower Corporation Non Profit Raleigh, NC | $3,961,735 | $905,963 |
Heritage Preservation Trust Inc Edgefield, SC | $13,057,884 | $3,291,572 |
Beneficial Electrification League Arlington, VA | $401,235 | $1,090,808 |
The Center For Energy Education Roanoke Rapids, NC | $576,493 | $957,048 |