Heating Energy Assistance Team Inc
- Assets
- $1.4m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 3
- Location
- Smyrna, GA
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 31-1713867
Organization Overview
Heating Energy Assistance Team Inc is located in Smyrna, GA. The organization was established in 2000. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Heating Energy Assistance Team Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heating Energy Assistance Team 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 12/2022, Heating Energy Assistance Team Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PREVENT HUMAN SUFFERING BY PROVIDING ENERGY ASSISTANCE TO QUALIFYING LOW INCOME FAMILIES WHO RESIDE IN GEORGIA AND MEET FEDERAL GUIDELINES FOR AID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THOUGH THE USE OF PUBLICLY DONATED AND DEVELOPED FUNDS PROVIDED FINANCIAL ASSISTANCE TO 1,391 HOUSEHOLDS. FUNDING WAS MADE TO THE GEORGIA DEPARTMENT OF HUMAN SERVICES DHS TO BE USED AND ADMINISTERED IN CONCERT WITH THEIR LIHEAP PROGRAM AND UNDER THEIR GUIDELINES FOR BENEFIT QUALIFICATION. SIMILARLY THROUGH THE USE OF A GRANT BY THE GEORGIA PUBLIC SERVICE COMMISSION PROVIDED FINANCIAL ASSISTANCE TO 351 HOUSEHOLDS WITHIN THE SERVICE AREA OF THE ATLANTA GAS LIGHT NATURAL GAS PIPELINE TO PREVENT DISCONNECTION OR RESTORE ENERGY SERVICE BASED ON FUNDING GUIDELINES. THE ORGANIZATION ALSO PROVIDES RELIEF THROUGH A DONOR ADVISED FUND TO LIHEAP QUALIFIED HOUSEHOLDS WHO ARE CUSTOMERS OF THE DONOR AND WHOSE CIRCUMSTANCES ARE DIRE AND WHO WOULD SUFFER HARDSHIP IF THE ASSISTANCE WAS PROCESSED THROUGH USUAL CHANNELS. ONE HOUSEHOLD WAS ASSISTED BY THIS FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Bows Taylor Director | Trustee | 0 | $0 |
Don Brazil Director | Trustee | 0 | $0 |
Tim Hallmark Director | Trustee | 0 | $0 |
Mike Jewell Vice Chairman | Trustee | 0.25 | $0 |
Vernon Lee Chairman | Trustee | 0.5 | $0 |
Michelle Ratliff Director | Trustee | 0 | $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 | $1,256,111 |
| Noncash contributions included in lines 1a–1f | $12,303 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,256,111 |
| Total Program Service Revenue | $0 |
| Investment income | $186 |
| 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 | $1,256,297 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $950,657 |
| 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. | $165,822 |
| Compensation of current officers, directors, key employees. | $29,848 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,029 |
| Other employee benefits | $0 |
| Payroll taxes | $10,808 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,057 |
| Office expenses | $8,447 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,021 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,032 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,433 |
| Insurance | $1,686 |
| All other expenses | $3,326 |
| Total functional expenses | $1,247,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,182,702 |
| Savings and temporary cash investments | $249,897 |
| 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 | $11,311 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $407 |
| Total assets | $1,444,317 |
| 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 | $1,426,946 |
| Net assets with donor restrictions | $17,371 |
| 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 | $1,444,317 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Neighborhood Housing Services Of South Florida Inc Miami, FL | $4,331,809 | $4,319,174 |
Community Works Greenville, SC | $28,451,097 | $4,103,444 |
Black Business Community Development Corporation Inc Orlando, FL | $2,237,735 | $680,919 |
Tallahassee Lenders Consortium Inc Tallahassee, FL | $2,011,170 | $2,455,271 |
Neighborhood Housing And Development Corporation Gainesville, FL | $7,797,721 | $2,203,372 |
Heating Energy Assistance Team Inc Smyrna, GA | $1,444,317 | $1,256,297 |
Metropolitan Housing And Community Development Corporation Washington, NC | $4,294,469 | $812,117 |
Annabels Closet Inc Oviedo, FL | $99,753 | $0 |
Presbyterian Community Ministry Inc Auburn, AL | $430,930 | $196,828 |
Share Credit Corp St Simons Island, GA | $1,994,124 | $83,240 |
Home Buying Assistance Foundation Tamarac, FL | $5,125 | $0 |
Senior Citizens Housing Development Corporation Of Fontana Plantation, FL | $13,331,099 | $0 |