Solar Energy Business Association Of New England Inc is located in Westford, MA. The organization was established in 2002. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, 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. Solar Energy Business Association Of New England 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 12/2021, Solar Energy Business Association Of New England Inc generated $87.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $97.0k during the year ending 12/2021. While expenses have increased by 2.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
ITS MISSION IS TO PROMOTE THE USE OF SOLAR ENERGY IN THE NEW ENGLAND REGION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Sylvia President | 2 | $0 | |
Nick D'arbeloff Vice Preside | 2 | $0 | |
Daniel Mello Guimaraes Vice Preside | 2 | $0 | |
Eric Krathwohl Secretary | 2 | $0 | |
Omar Blayton Treasurer | 2 | $0 | |
Kathy Doyle Director | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,575 |
Total Program Service Revenue | $0 |
Membership dues | $56,675 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,085 |
Other Revenue | $0 |
Total Revenue | $87,335 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,063 |
Professional fees and other payments to independent contractors | $84,313 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $8,610 |
Total expenses | $96,986 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $37,523 |
Other assets | $0 |
Total assets | $41,373 |
Total liabilities | $2,422 |
Net assets or fund balances | $38,951 |
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