The Energy Consortium Inc
- Assets
- $17.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fairhaven, MA
- Founding
- 11/2004
- Data as of
- 06/2022
- EIN
- 22-2481131
Organization Overview
The Energy Consortium Inc is located in Fairhaven, MA. The organization was established in 2004. 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. Energy Consortium 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 06/2022, Energy Consortium Inc generated $44.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $50.6k during the year ending 06/2022. While expenses have increased by 4.9% 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
2022
Describe the Organization's Program Activity:
Part 3
PROMOTION OF REASONABLE AND RELIABLE ENERGY RATES FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Espindola President | 1 | $11,325 | |
Roger Borghesani Outgoing President | 1 | $1,650 | |
William Stanton Treasurer And Secretary | 1 | $0 | |
David Macneil Director | 1 | $0 | |
William Hoen Director | 1 | $0 | |
Dennis Villanueva Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $44,933 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,933 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,975 |
| Professional fees and other payments to independent contractors | $36,669 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $927 |
| Total expenses | $50,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,406 |
| Other assets | $0 |
| Total assets | $17,406 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,406 |
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