United Solar Initiative Inc
- Assets
- $60.8k
- Revenue
- $19.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 46-4347192
Organization Overview
United Solar Initiative Inc is located in Durham, NC. 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. United Solar Initiative 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 12/2020, United Solar Initiative Inc generated $19.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $20.3k during the year ending 12/2020. While expenses have increased by 3.8% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
USI IS A NONPROFIT CORPORATION THAT AIMS TO DELIVER PHOTOVOLTAIC (SOLAR ENERGY) SYSTEMS THAT PROVIDE LIGHTING, GENERAL ELECTRICAL NEEDS AND WATER PUMPING CAPABILITIES TO UNDER PRIVILEGED PERSONS IN THE US AND DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020, UNITED SOLAR INITIATIVE, A GLOBAL ENERGY ACCESS NONPROFIT PROJECT DEVELOPER, DESIGNED AND BUILT AN 8.7KW SOLAR + STORAGE MICROGRID IN KENYA AT A WOMEN'S HOSPITAL WITH THE SUPPORT OF HEALTHCARE NGO FUNDING PARTNER CURAMERICAS GLOBAL, MICROGRID TECHNOLOGY PROVIDER SCHNEIDER ELECTRIC, AND KENYAN SOLAR INSTALLER POWERPOINT SYSTEMS. THIS SYSTEM PROVIDES BACKUP POWER TO CRITICAL LOADS AT THE BIRTHING CENTER WHICH INCURS WEEKLY POWER OUTAGES. THE PROJECT DEVELOPMENT WAS COMPLETED REMOTELY DURING THE GLOBAL PANDEMIC AND CONSTRUCTED BY THE LOCAL INSTALL TEAM AS SOON AS ESSENTIAL OPERATIONS WERE ALLOWED TO COMMENCE PER LOCAL KENYAN SAFETY MANDATES. SINCE GOING ONLINE IN AUGUST OF 2020, THE FACILITY HAS SAVED MONEY EACH MONTH IN THEIR ENERGY COSTS FROM THE UTILITY WHICH ALLOW MORE HOSPITAL SUPPLIES TO BE PURCHASED. MOST IMPORTANTLY THOUGH, THE FACILITY HAS SEEN A DRASTIC INCREASE IN THE NUMBER OF BIRTHS THAT THE DOCTORS AT THE MATONGO CLINIC ARE NOW SUPPORTING. PREVIOUSLY, 1 IN 3 WOMEN GAVE BIRTH IN HER HOME IN LESS SANITARY CONDITIONS RATHER THAN RISK BEING TURNED AWAY BECAUSE OF A POWER OUTAGE. HOWEVER, AS RESULT OF CURAMERICA GLOBAL'S ENGAGEMENT IN THE COMMUNITY AND A UNITED SOLAR INITIATIVE'S INVESTMENT IN THE ONSITE RENEWABLE ENERGY AT THE FACILITY, MOTHERS NOW HAVE A LOCATION THEY CAN COUNT ON WITH ACCESS TO CLEAN AND RELIABLE ELECTRICITY. TODAY, 95% OF DELIVERIES TAKE PLACE AT THE HEALTH FACILITY WITH A SKILLED BIRTH ATTENDANT. NOTE: WE HAVE MORE IMAGES BUT WASN'T ABLE TO UPLOAD MORE THAN ONE AT THIS TIME FOR SOME REASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Thomsen President | OfficerTrustee | 5 | $0 |
Edward Witkin Vice President | OfficerTrustee | 5 | $0 |
Jack Schaufler Secretary | OfficerTrustee | 5 | $0 |
Samantha Childress Director | Trustee | 5 | $0 |
Jon Ruth Director | Trustee | 5 | $0 |
Charlie Egan 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 | $15,931 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,931 |
| Total Program Service Revenue | $0 |
| 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 | $4,000 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,931 |
| 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. | $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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,123 |
| Advertising and promotion | $0 |
| Office expenses | $148 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $20,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,290 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,500 |
| 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 | $60,790 |
| 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 | $60,790 |
| Total liabilities and net assets/fund balances | $60,790 |
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The Center For Energy Education Roanoke Rapids, NC | $576,493 | $957,048 |