Partners For Environmental Progress Inc
- Assets
- $160.7k
- Revenue
- $237.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Mobile, AL
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 63-1250537
Organization Overview
Partners For Environmental Progress Inc is located in Mobile, AL. The organization was established in 2000. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners For Environmental Progress Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Partners For Environmental Progress Inc generated $237.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $262.5k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SUSTAINABLE ECONOMIC DEVELOPMENT & STEWARDSHIP OF THE ENVIRONMENT ALONG THE AL GULF COAST
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - PROVIDE SERVICES AND ORGANIZE MEETINGS AND EVENTS FOR MEMBERS TO DISCUSS ENVIRONMENTAL ISSUES AND PROMOTE ECONOMIC DEVELOPMENT ALONG THE ALABAMA GULF COAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Spencer Wiggins President | OfficerTrustee | 2 | $0 |
David Scheid Vice-President | OfficerTrustee | 2 | $0 |
Steven Stewart Secretary/ Treasurer | OfficerTrustee | 2 | $0 |
Jason Brasfield Board Member | Trustee | 0.5 | $0 |
Christopher Mcfarland Board Member | Trustee | 0.5 | $0 |
Connie Buskness Board Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $104,564 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,064 |
| Total Program Service Revenue | $23,000 |
| Investment income | $638 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $108,673 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $237,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
| 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 | $131,430 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,248 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,993 |
| Advertising and promotion | $6,225 |
| Office expenses | $18,683 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,000 |
| Travel | $866 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,579 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $490 |
| Insurance | $5,458 |
| All other expenses | $417 |
| Total functional expenses | $262,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $913 |
| Savings and temporary cash investments | $157,328 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,667 |
| 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 | $795 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $160,703 |
| 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 | $601 |
| Total liabilities | $601 |
| Net assets without donor restrictions | $0 |
| 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 | $160,102 |
| Total liabilities and net assets/fund balances | $160,703 |
Grants Awarded
Over the last fiscal year, Partners For Environmental Progress Inc has awarded $9,635 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE COMMUNITY FOUNDATION OF SOUTH ALABAMA PURPOSE: SCHOLARSHIP AWARDS | $4,635 |
PEP GULF COAST ENVIRONMENTAL FOUNDATION PURPOSE: SEED GRANT | $5,000 |