Transportation Energy Partnership
- Assets
- $57.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Elizabeth, NJ
- Founding
- 06/2000
- Data as of
- 09/2023
- EIN
- 26-4684355
Organization Overview
Transportation Energy Partnership is located in Elizabeth, NJ. The organization was established in 2000. According to its NTEE Classification (C50) the organization is classified as: Environmental Beautification, under the broad grouping of Environment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Transportation Energy Partnership 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 09/2023, Transportation Energy Partnership generated $157.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (13.0%) each year. All expenses for the organization totaled $153.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE THE EDUCATION RELATED TO THE DEVELOPMENT AND USE OF ALTERNATIVE FUELS, ALTERNATIVE FUELS VEHICLES, AND THE APPROPRIATE RELATED INFRASTRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Carr Trustee | 2 | $0 | |
Chuck Feinberg Chairman | 40 | $45,000 | |
Mike Cecere Trustee | 2 | $0 | |
Matthew Denafo Trustee | 2 | $0 | |
Paul Heitmann Trustee | 2 | $0 | |
Brian Keelen Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
World Yacht Remove/repl Engines | 9/29/16 | $172,854 |
Greater Ny Marine Transportation Remove/repl Engines | 9/29/16 | $218,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,096 |
| Total Program Service Revenue | $69,697 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $157,793 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,760 |
| Professional fees and other payments to independent contractors | $89,685 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,390 |
| Total expenses | $153,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,701 |
| Other assets | $0 |
| Total assets | $57,701 |
| Total liabilities | $0 |
| Net assets or fund balances | $57,701 |