Arei Inc
- Assets
- $12.9k
- Revenue
- $37.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Aspen, CO
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-5216186
Organization Overview
Arei Inc is located in Aspen, CO. The organization was established in 2011. According to its NTEE Classification (C20) the organization is classified as: Pollution Abatement & Control, 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. Arei 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, Arei Inc generated $37.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.9%) each year. All expenses for the organization totaled $39.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (26.1%) per year over the past 7 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 CREATE VIBRANT AND POWERFUL CROSS-SECTOR DIALGUE, COMMITMENTS,COLLABORATIONS AND INVESTMENTS THAT FOSTER CLIMATE CHANGE SOLUTIONS AT THE SPEED AND SCALE NECESSARY TO PHASE OUT FOSSIL FUELS, AND USHER IN A RAPID TRANSITION TO A NEW, CLEAN ENERGY ECONOMY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE AREDAY 2021 SUMMIT WAS A SERIES OF 3 ONE-HOUR VIRTUAL ZOOM CASTS FEATURING GLOBALLY RECOGNIZED CLIMATE EXPERTS AND LEADERS TITLED GREEN HYDROGEN ACTIVATOR - ACCELERATOR. THE SUMMIT SERIES WAS LIVE-STREAMED AT THE END OF APRIL 2021.AREDAY ALSO SENT A REPRESENTATIVE TO A FEW IMPORTANT CLIMATE CHANGE CONFERENCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon Fuller President | Officer | 0.5 | $0 |
Andy Quiat Secretary | Officer | 1 | $0 |
Walter Comins Chairman And CEO | Officer | 40 | $0 |
Anne-Marie Miller Treasurer | Officer | 0.5 | $0 |
Sally A Ranney Director | Officer | 1 | $0 |
Ken Sack Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $17,490 |
| 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 | $17,490 |
| Total Program Service Revenue | $15,497 |
| Investment income | $1 |
| 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 | $37,223 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $300 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $2,788 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $395 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,055 |
| Information technology | $1,902 |
| Royalties | $0 |
| Occupancy | $6,500 |
| Travel | $5,752 |
| 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 | $553 |
| Insurance | $1,568 |
| All other expenses | $17,411 |
| Total functional expenses | $39,358 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,901 |
| 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 | $12,901 |
| 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 | $12,901 |
| Total liabilities and net assets/fund balances | $12,901 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Arei Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
Smith Richardson Foundation Inc Greensboro, NC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Jane A Lehman And Alan G Lehman Foundation New York, NY PURPOSE: GENERAL PURPOSES | $5,000 |
Grace Jones Richardson Tr Greensboro, NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Regional Air Quality Council Denver, CO | $3,401,147 | $6,885,709 |
Blue Hills Environmental Association Eagar, AZ | $2,022,492 | $3,802,818 |
Protect Our Winters Boulder, CO | $5,372,282 | $4,626,913 |
Utah Clean Air Partnership Ucair Inc Salt Lake City, UT | $1,064,362 | $1,162,029 |
Omaha Healthy Kids Alliance Omaha, NE | $752,788 | $1,253,022 |
Asbestos Workers Local No 76 Albuquerque, NM | $752,846 | $1,104,448 |
International Association Of Heat & Frost Insulators & Allied Workers Omaha, NE | $1,641,611 | $798,347 |
International Association Of Heat & Frost Insulators & Allied Phoenix, AZ | $723,225 | $829,499 |
International Association Of Heat & Frost Insulators & Allied Workers Oklahoma City, OK | $1,809,240 | $724,027 |
International Association Of Heat & Frost Insulators & Allied Workers Salt Lake City, UT | $804,251 | $489,592 |
Central States Air Resource Agencies Association Oklahoma City, OK | $21,591 | $394,876 |
Az Water Association Chandler, AZ | $1,194,823 | $271,610 |