Amd Reclamation Inc is located in Morgantown, WV. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, 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. Amd Reclamation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PUMP AND TREAT ACID MINE DRAINAGE FROM ABANDONED MINE POOLS BEFORE THESE WATERS DISCHARGE INTO THE ENVIRONMENT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Cada CFO & Treasurer | 1 | $0 | |
Stephen Nelson CEO & Director | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Graymont (Pa) Inc | 12/30/23 | $426,890 |
West Penn Power | 12/30/23 | $284,370 |
Mepco Llc | 12/30/23 | $163,750 |
Matrix Toll Manufacturing | 12/30/23 | $60,886 |
Kpmg Llp | 12/30/23 | $33,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,269,573 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,405,964 |
| Total Revenue | -$2,863,609 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11,108 |
| Taxes | $0 |
| Depreciation | $498,104 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $996,903 |
| Total operating and administrative expenses | $1,539,631 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,539,631 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,339 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,339 |
| Accounts payable and accrued expenses | $24,000 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,000 |