Mid-Atlantic Renewable Energy Coalition
- Assets
- $34.6k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Camden, DE
- Founding
- 07/2010
- Data as of
- 06/2021
- EIN
- 27-0971686
Organization Overview
Mid-Atlantic Renewable Energy Coalition is located in Camden, DE. The organization was established in 2010. 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. Mid-Atlantic Renewable Energy Coalition 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 06/2021, Mid-Atlantic Renewable Energy Coalition generated $28.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (36.7%) each year. All expenses for the organization totaled $6.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (49.5%) per year over the past 6 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
THE PURPOSE OF THE CORPORATION SHALL BE EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERARY AND EDUCATIONAL PURPOSES TO PROMOTE THE GROWTH AND DEVELOPMENT OF RENEWABLE ENERGY IN THE MID-ATLANTIC REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ABOVE EXEMPT PURPOSE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Burcat Executive Di | Officer | 40 | $0 |
Tom Carlson President | Officer | $0 | |
Kaley Bangston Secretary | Officer | $0 | |
Mark Walter Board Member | Trustee | $0 | |
Cyrus Tashakkori Board Member | Trustee | $0 | |
Andrew Gohn Board Member | Trustee | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $28,000 |
| Investment income | $1 |
| 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 | $28,001 |
| 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 | $0 |
| Fees for services: Legal | $858 |
| Fees for services: Accounting | $1,860 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $4,013 |
| All other expenses | $0 |
| Total functional expenses | $6,731 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,593 |
| Savings and temporary cash investments | $5,027 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,620 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $34,620 |
| 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 | $34,620 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mid-Atlantic Renewable Energy Coalition has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
George Gund Foundation Cleveland, OH PURPOSE: OHIO WIND SETBACKS LITIGATION. | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Green Mountain Energy Sun Club Princeton, NJ | $0 | $1,158,123 |
Chesapeake Climate Action Network Takoma Park, MD | $2,554,371 | $2,158,684 |
Conservation Consultants Pittsburgh, PA | $941,687 | $805,109 |
Home Performance Coalition Inc Moon Township, PA | $723,815 | $1,280,136 |
Montgomery County Green Bank Corporation Rockville, MD | $24,128,880 | $933,131 |
International Institute For Energy Conservation Inc Breinigsville, PA | $432,705 | $1,459,901 |
Marec Action Camden, DE | $653,349 | $797,998 |
Clean Fuel Development Coalition Potomac, MD | $115,422 | $632,707 |
Pump Systems Matter Inc Parsipanny, NJ | $724,604 | $525,671 |
The Energy Efficiency Alliance Philadelphia, PA | $284,653 | $601,017 |
Solhomes Chevy Chase, MD | $50,345 | $214,572 |
Foundation For Renewable Energy And The Environment Aberdeen, MD | $522,599 | $555,306 |