Bioenergy Deployment Consortium Inc
- Assets
- $0.0
- Revenue
- $93.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Middleton, WI
- Founding
- 02/2011
- Data as of
- 07/2021
- EIN
- 27-2029351
Organization Overview
Bioenergy Deployment Consortium Inc is located in Middleton, WI. The organization was established in 2011. According to its NTEE Classification (C60) the organization is classified as: Environmental Education, 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. Bioenergy Deployment Consortium 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 07/2021, Bioenergy Deployment Consortium Inc generated $93.4k 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 (13.9%) each year. All expenses for the organization totaled $155.6k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (6.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE DEPLOYMENT OF COMMERCIALLY VIABLE ADVANCED BIOFUELS AND BIOCHEMICAL TECHNOLOGIES THAT DO NOT REQUIRE LONG TERM SUBSIDY AND TO OPTIMIZE TOTAL SYSTEM ENERGY EFFICIENCY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BDC IS A VERY UNIQUE ORGANIZATION, UNLIKE ANY OTHER, THROUGH ITS ABILITY TO PROMOTE AND ASSIST IN THE DEPLOYMENT OF COMMERCIALLY VIABLE, ADVANCED BIOFUEL AND BIOCHEMICAL TECHNOLOGIES THAT DO NOT REQUIRE SUBSIDY. WE ARE NON-BIASED IN OUR APPROACH TO PROMOTING DEPLOYMENT AND DO OUR OWN DUE DILIGENCE, PROVIDING TRUSTWORTHY INFORMATION. WE ADVOCATE FOR PROMISING TECHNOLOGIES IN A NUMBER OF WAYS, INCLUDING SEEKING TO BROKER PARTNERSHIPS, FACILITATE MEETINGS WITH GOVERNMENT AGENCIES, ASSISTING IN THE ACQUISITION OF GOVERNMENT FUNDING FOR EXISTING AND NEW TECHNOLOGIES, AND WRITING PERTINENT ARTICLES IN MAJOR PUBLICATIONS. WE PROVIDE OPPORTUNITIES FOR MEMBERS TO MEET AND HEAR TIMELY UPDATES, AND TO NETWORK, BY PROVIDING TWO SYMPOSIUMS PER YEAR COMBINED WITH A TOUR OF A CUTTING EDGE BIO-PROCESS. BDC CONTINUES TO GROW AS A NATIONAL ORGANIZATION, BUT HAS INTERNATIONAL MEMBERS ALL OVER THE GLOBE.
BDC IS A VERY UNIQUE ORGANIZATION, UNLIKE ANY OTHER, THROUGH ITS ABILITY TO PROMOTE AND ASSIST IN THE DEPLOYMENT OF COMMERCIALLY VIABLE, ADVANCED BIOFUEL AND BIOCHEMICAL TECHNOLOGIES THAT DO NOT REQUIRE SUBSIDY. WE ARE NON-BIASED IN OUR APPROACH TO PROMOTING DEPLOYMENT AND DO OUR OWN DUE DILIGENCE, PROVIDING TRUSTWORTHY INFORMATION. WE ADVOCATE FOR PROMISING TECHNOLOGIES IN A NUMBER OF WAYS, INCLUDING SEEKING TO BROKER PARTNERSHIPS, FACILITATE MEETINGS WITH GOVERNMENT AGENCIES, ASSISTING IN THE ACQUISITION OF GOVERNMENT FUNDING FOR EXISTING AND NEW TECHNOLOGIES, AND WRITING PERTINENT ARTICLES IN MAJOR PUBLICATIONS. WE PROVIDE OPPORTUNITIES FOR MEMBERS TO MEET AND HEAR TIMELY UPDATES, AND TO NETWORK, BY PROVIDING TWO SYMPOSIUMS PER YEAR COMBINED WITH A TOUR OF A CUTTING EDGE BIO-PROCESS. BDC CONTINUES TO GROW AS A NATIONAL ORGANIZATION, BUT HAS INTERNATIONAL MEMBERS ALL OVER THE GLOBE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Masood Akhtar President | OfficerTrustee | 12 | $54,000 |
Ben Thorp Vice President & Chairman | OfficerTrustee | 18 | $54,000 |
Harry Seamans Treasurer | OfficerTrustee | 16 | $54,000 |
Eric Horn Administrator | Officer | 28 | $50,000 |
Masood Akhtar President | OfficerTrustee | 15 | $33,000 |
Ben Thorp Vice President & Chairman | OfficerTrustee | 21 | $33,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $48,480 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $42,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,380 |
| Total Program Service Revenue | $17,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $93,380 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,255 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $134,000 |
| Compensation of current officers, directors, key employees. | $6,700 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $2,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,255 |
| Advertising and promotion | $0 |
| Office expenses | $634 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,727 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,726 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $253 |
| All other expenses | $0 |
| Total functional expenses | $155,606 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |