Pump Systems Matter Inc
- Assets
- $724.6k
- Revenue
- $525.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Parsipanny, NJ
- Founding
- 07/2013
- Data as of
- 12/2021
- EIN
- 27-3127367
Organization Overview
Pump Systems Matter Inc is located in Parsipanny, NJ. The organization was established in 2013. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, 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. Pump Systems Matter 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 12/2021, Pump Systems Matter Inc generated $525.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of 0.0% each year. All expenses for the organization totaled $578.7k during the year ending 12/2021. 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
THE ORGANIZATION DEVELOPS AND OFFERS PROFESSIONAL DEVELOPMENT COURSES, TOOLS AND MATERIALS TO RAISE AWARENESS OF THE OPPORTUNITIES AND BENEFITS OF PUMP SYSTEMS OPTIMIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPONSORSHIP REVENUE PROVIDES THE ORGANIZATION WITH FUNDS NEEDED TO DEVELOP EDUCATIONAL PROGRAMS AND MATERIALS REGARDING PUMP STSTEMS OPTIMIZATION.
THE ORGANIZATION OFFERED COURSES OF INSTRUCTION ON PUMP SYSTEM OPTIMIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Michaud Executive Dir. | Officer | 8 | $69,897 |
Geoffrey V Wickes Chairman | OfficerTrustee | 5 | $0 |
John Karen Chairman | OfficerTrustee | 5 | $0 |
Jack Claxton Vice President | OfficerTrustee | 5 | $0 |
Chris Johnson Vice President | OfficerTrustee | 5 | $0 |
Andre Leblanc Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $525,671 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $525,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $78,697 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $349,228 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,390 |
| Fees for services: Accounting | $3,825 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $194 |
| Office expenses | $17,200 |
| Information technology | $36,578 |
| Royalties | $0 |
| Occupancy | $26,721 |
| Travel | $5,870 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,094 |
| Insurance | $8,290 |
| All other expenses | $0 |
| Total functional expenses | $578,699 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $716,004 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,600 |
| 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 | $724,604 |
| Accounts payable and accrued expenses | $4,500 |
| Grants payable | $0 |
| Deferred revenue | $6,758 |
| 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 | $545,163 |
| Total liabilities | $556,421 |
| Net assets without donor restrictions | $168,183 |
| 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 | $724,604 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sustainable Energy Utility Inc Dover, DE | $151,005,842 | $34,793,273 |
New York City Energy Efficiency Corporation New York, NY | $49,730,328 | $4,961,348 |
Environment Next Inc East Aurora, NY | $24,217,627 | $8,709,351 |
Interstate Renewable Energy Council Albany, NY | $3,755,320 | $4,093,970 |
Green Mountain Energy Sun Club Princeton, NJ | $0 | $1,158,123 |
National Wind Technology Consortium Albany, NY | $2,138,543 | $2,465,652 |
Sustainable Westchester Inc Mount Kisco, NY | $1,228,571 | $2,221,583 |
Conservation Consultants Pittsburgh, PA | $941,687 | $805,109 |
Home Performance Coalition Inc Moon Township, PA | $723,815 | $1,280,136 |
International Institute For Energy Conservation Inc Breinigsville, PA | $432,705 | $1,459,901 |
Marec Action Camden, DE | $653,349 | $797,998 |
Pump Systems Matter Inc Parsipanny, NJ | $724,604 | $525,671 |