Transportation Energy Partnership is located in New Brunswick, 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 09/2021, Transportation Energy Partnership generated $135.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $118.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) per year over the past 6 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
2021
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chuck Feinberg Chairman | 40 | $81,000 | |
Barry Carr Trustee | 2 | $0 | |
Chelsea Jenkins Trustee | 2 | $0 | |
Paul Heitmann Trustee | 2 | $0 | |
John Davies Trustee | 2 | $0 | |
Brian Keelen Trustee | 2 | $0 |
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 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $135,280 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $135,280 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $87,258 |
Professional fees and other payments to independent contractors | $3,896 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $26,978 |
Total expenses | $118,132 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $35,940 |
Other assets | $0 |
Total assets | $35,940 |
Total liabilities | $0 |
Net assets or fund balances | $35,940 |
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