Schmuecker Renewable Energy System Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blairstown, IA
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-4827831
Organization Overview
Schmuecker Renewable Energy System Inc is located in Blairstown, IA. The organization was established in 2017. 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. Schmuecker Renewable Energy System Inc 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, Schmuecker Renewable Energy System Inc generated $130.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $163.1k during the year ending 12/2021. While expenses have increased by 7.8% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MAINTENANCE, DEVELOPMENT, AND DISPLAY OF A SOLAR-HYDROGENSYSTEM THAT GENERATES HYDROGEN AND AMMONIA TO FUEL A FARMTRACTOR AND FOR USE AS A CORN FERTILIZER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Arnold Director | 0.5 | $0 | |
William Ayres Director | 0.5 | $0 | |
Thomas R Hurd Director | 0.5 | $0 | |
David Morton Director | 0.5 | $0 | |
Norm Olson Director | 0.5 | $0 | |
Jay Schmuecker President/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,666 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $38,866 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $130,532 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $136,978 |
| Occupancy, rent, utilities, and maintenance | $6,438 |
| Printing, publications, postage, and shipping | $73 |
| Other expenses | $15,403 |
| Total expenses | $163,115 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |