Icast Internationl Center For Appropriate & Sustanabl Technology

Organization Overview

Icast Internationl Center For Appropriate & Sustanabl Technology is located in Lakewood, CO. The organization was established in 2005. According to its NTEE Classification (S32) the organization is classified as: Rural Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Icast Internationl Center For Appropriate & Sustanabl Technology employed 87 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Icast Internationl Center For Appropriate & Sustanabl Technology 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, Icast Internationl Center For Appropriate & Sustanabl Technology generated $20.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $19.4m during the year ending 12/2021. While expenses have increased by 33.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ICAST PROVIDES ECONOMIC, ENVIRONMENTAL, AND SOCIAL BENEFITS TO COMMUNITIES IN A MANNER THAT BUILDS LOCAL CAPACITY.ICAST IS A 501(C)(3) NONPROFIT SOCIAL ENTERPRISE WITH A HISTORY OF DESIGNING AND LAUNCHING PROGRAMS TO MEANINGFULLY IMPACT COMMUNITIES AND PROVIDE SUSTAINABLE RESOURCE SOLUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FROM ITS INCEPTION, ICAST HAS WORKED TO PROVIDE SUSTAINABLE SOLUTIONS FOR UNDERSERVED COMMUNITIES. CURRENTLY, ICAST'S FOCUS IS IN THE US MULTIFAMILY HOUSING SECTOR. BY INVESTING IN LOCAL COMMUNITIES, PRESERVING AND UPGRADING AFFORDABLE HOUSING, AND REDUCING ENERGY AND WATER WASTE, ICAST PROVIDES BENEFITS ALIGNED WITH THE TRIPLE BOTTOM LINE STANDARD OF ITS MISSION. ICAST IS ALSO SET TO SCALE ITS INFLUENCE THROUGH PROGRAMS THAT CONSULT WITH MULTIFAMILY PROPERTY OWNERS ON SUSTAINABLE DEVELOPMENT AND TECHNOLOGY.


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Board, Officers & Key Employees

Name (title)Compensation
Ravi Malhotra
President/secretary
$262,300
Dr John Trefny
Chairman
$0
Bruce Dines
Treasurer
$0
Thomas Amdur
Member
$0
Tara Rollins
Member
$0
Tony Hernandez
Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Peters Heating And Air Conditioning Inc
Construction Services
$1,273,087
Peters Heating And Air Conditioning Inc
Construction Services
$1,273,087
Hansen Hvac & Plumbing Services Inc
Construction Services
$1,862,347
Green Property Solutions
Construction Services
$540,738
Hansen Hvac & Plumbing Services Inc
Construction Services
$1,862,347
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $74,317
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$74,317
Total Program Service Revenue$20,153,475
Investment income $4,491
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $4,048
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,236,331

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Icast Internationl Center For Appropriate & Sustanabl Technology has recieved totaling $287.

Awarding OrganizationAmount
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$287
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$32,361
Earnings$3,213
Admin Expense$333
Grants$1,497
Ending Balance$33,744

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