Tennessee Advanced Energy Business Council
- Assets
- $105.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 01/2014
- Data as of
- 12/2021
- EIN
- 37-1703200
Organization Overview
Tennessee Advanced Energy Business Council is located in Knoxville, TN. The organization was established in 2014. 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. Tennessee Advanced Energy Business Council 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, Tennessee Advanced Energy Business Council generated $186.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $161.4k during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
DEVELOP AND PRESENT EDUCATIONAL PROGRAMS DESIGNED TO EDUCATETHE COMMUNITY WITH RESPECT TO THE BENEFITS OF THEDEVELOPMENT AND USE OF ADVANCED ENERGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cortney Piper Executive Director | 15 | $2,000 | |
Marc Gibson Secretary | 2 | $0 | |
Steve Seifried President | 2 | $0 | |
Nicholas Ramos Board Member | 2 | $0 | |
Chris Bowles Board Member | 2 | $0 | |
Jim Mosby Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,972 |
| Total Program Service Revenue | $90,000 |
| Membership dues | $65,050 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $186,022 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,000 |
| Professional fees and other payments to independent contractors | $115,100 |
| Occupancy, rent, utilities, and maintenance | $630 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,697 |
| Total expenses | $161,427 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $105,360 |
| Other assets | $0 |
| Total assets | $105,360 |
| Total liabilities | $0 |
| Net assets or fund balances | $105,360 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tennessee Advanced Energy Business Council has recieved totaling $105,000.
| Awarding Organization | Amount |
|---|---|
Tennessee Technology Development Corporation Nashville, TN PURPOSE: PROGRAM EXPENSES FOR NETWORK PARTNER | $105,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Southface Energy Institute Inc Atlanta, GA | $9,241,956 | $6,315,697 |
Southern Alliance For Clean Energy Knoxville, TN | $8,898,789 | $4,579,602 |
Local Energy Alliance Program Inc Charlottesville, VA | $475,433 | $2,951,127 |
Energy Systems Integration Group Inc Reston, VA | $3,006,123 | $2,422,992 |
Southeast Energy Efficiencyalliance Inc Atlanta, GA | $2,282,467 | $3,474,568 |
Energy Innovation Reform Project Arlington, VA | $1,660,299 | $397,855 |
Mzc Foundation Inc Atlanta, GA | $780,857 | $1,908,335 |
Greenlink Analytics Inc Atlanta, GA | $1,968,974 | $2,188,127 |
Nc Greenpower Corporation Non Profit Raleigh, NC | $3,961,735 | $905,963 |
Beneficial Electrification League Arlington, VA | $401,235 | $1,090,808 |
The Center For Energy Education Roanoke Rapids, NC | $576,493 | $957,048 |
Green Built Alliance Asheville, NC | $631,884 | $985,675 |