Sustainable Electronics Recycling International
- Assets
- $4.1m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 7
- Location
- Elizabethtown, PA
- Founding
- 11/2014
- Data as of
- 12/2021
- EIN
- 46-5294387
Organization Overview
Sustainable Electronics Recycling International is located in Elizabethtown, PA. The organization was established in 2014. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Sustainable Electronics Recycling International employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sustainable Electronics Recycling International 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, Sustainable Electronics Recycling International generated $2.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 6.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SERI WORKS TO CREATE A WORLD WHERE ELECTRONIC PRODUCTS ARE REUSED AND RECYCLED IN A WAY THAT PROMOTES RESOURCE PRESERVATION; THE WELL-BEING OF THE NATURAL ENVIRONMENT; AND THE HEALTH AND SAFETY OF WORKERS AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE ELECTRONICS RECYCLING INTERNATIONAL (SERI) ADMINISTERS "THE SUSTAINABLE ELECTRONICS REUSE AND RECYCLING (R2)STANDARD- AND CERTIFICATION PROGRAM AS THE PRIMARY TOOL FOR ACHIEVING SERI'S MISSION. THIS STANDARD PROMOTES RESPONSIBLE PRACTICES FOR ENVIRONMENTALLY SOUND MANAGEMENT OF USE OF ELECTRONICS. IN 2021, SERI FACILITATED THE MULTI-STAKEHOLDER CONSENSUS BODY TO REVISE THE R2 STANDARD, CONTINUED OVERSIGHT OF THE R2 CERTIFICATION PROGRAM, AND IMPLEMENT VERSION 3 OF THE R2 STANDARD AND CERTIFICATION PROGRAM. (65%)
SERI CONDUCTS ONGOING EDUCATION AND OUTREACH ACTIVITIES TO PROMOTE ENVIRONMENTALLY RESPONSIBLE REUSE AND RECYCLING OF ELECTRONICS. IN 2021, SERI PRESENTED AT VIRTUAL CONFERENCES AND TRAVELED TO CONFERENCES TO TEACH ABOUT THE RISKS OF IMPROPER DISPOSAL AND THE BENEFITS OF A CIRCULAR ECONOMY FOR ELECTRONICS. SERI CREATED AND LAUNCHED ON-DEMAND TRAINING MODULES THROUGH ITS WEBSITE AND VIRTUAL CLASSES. (25%)
SERI ENGAGES IN ACTIVITIES AIMED AT INCREASING THE CAPACITY OF SYSTEMS TO RESPONSIBLY MANAGE ELECTRONICS IN AN ENVIRONMENTALLY SOUND MANNER PROTECTIVE OF PEOPLE AND THE PLANET. THIS WORK INCLUDES: IDENTIFYING GEOGRAPHICAL AREAS AROUND THE WORLD WHERE ELECTRONICS ARE BEING DISPOSED WITHOUT SUSTAINABLE MANAGEMENT PRACTICES; CONDUCTING GAP ANALYSIS TO DETERMINE THE LOCAL NEEDS; BUILDING SUPPORT FOR IMPROVEMENT ACTIVITIES, AND PROVIDING EDUCATION AND SUPPORT TO ESTABLISH OR IMPROVE LOCAL MANAGEMENT OF USED ELECTRONICS. (10%)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Corey Dehmey Exec Dir/sec | OfficerTrustee | 60 | $165,596 |
Rick Goss Chair | OfficerTrustee | 1 | $0 |
Venky Murthy Vice Chair | OfficerTrustee | 0.5 | $0 |
Michelle James Treasurer | OfficerTrustee | 0.5 | $0 |
Oladele Osibanjo Board Member | Trustee | 0.5 | $0 |
Renee St Denis Board Member | Trustee | 0.5 | $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 | $5,289 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,289 |
| Total Program Service Revenue | $2,035,941 |
| Investment income | $364 |
| 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 | $2,041,594 |
| 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. | $165,596 |
| Compensation of current officers, directors, key employees. | $82,798 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,833 |
| Pension plan accruals and contributions | $19,683 |
| Other employee benefits | $52,325 |
| Payroll taxes | $49,816 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,540 |
| Fees for services: Accounting | $29,354 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $103,815 |
| Advertising and promotion | $67,134 |
| Office expenses | $44,750 |
| Information technology | $45,569 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $31,135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,632 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $20,908 |
| Insurance | $11,339 |
| All other expenses | $0 |
| Total functional expenses | $1,276,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $271,056 |
| Savings and temporary cash investments | $3,733,270 |
| 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 | $99,288 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,103,614 |
| Accounts payable and accrued expenses | $22,293 |
| 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 | $22,293 |
| Net assets without donor restrictions | $4,081,321 |
| 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 | $4,103,614 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Finger Lakes Reuse Inc Ithaca, NY | $1,994,394 | $3,045,475 |
Construction Junction Inc Pittsburgh, PA | $1,719,199 | $2,305,790 |
Eps Industry Alliance Inc Crofton, MD | $546,061 | $1,366,309 |
Sustainable Electronics Recycling International Elizabethtown, PA | $4,103,614 | $2,041,594 |
Fabscrap Inc Brooklyn, NY | $633,771 | $1,218,585 |
Bronx River Alliance Inc Bronx, NY | $1,741,591 | $1,231,886 |
Sure We Can Inc Brooklyn, NY | $493,950 | $1,303,285 |
Rock Creek Conservancy Inc Bethesda, MD | $1,342,488 | $1,561,573 |
Friends Of The Upper Delaware River Hancock, NY | $990,040 | $867,642 |
Infinity Recycling Inc Millington, MD | $45,366 | $646,113 |