United Solar Initiative Inc
- Assets
- $53.8k
- Revenue
- $12.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Durham, NC
- Founding
- 08/2014
- Data as of
- 12/2022
- 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 12/2022, United Solar Initiative Inc generated $12.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $3.0k 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
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 LATE 2021 WE CONNECTED WITH CATHY OLIVER A WOMAN FROM SOUTH CAROLINA WHO HAS BEEN SUPPORTING A COMMUNITY IN LWENGO DISTRICT OF UGANDA FOR THE PAST 10+ YEARS. SHE HAS BEEN SUPPORTING MUGERWA UMARU WHO FOUNDED AND RUNS THE GROUND ZERO PROJECT IN LWENGO. ITS GOAL IS TO HELP THE PEOPLE IN LWENGO BECOME SELF-SUSTAINING. HE HELPS THEM DEVELOP SKILLS AND BUSINESSES THAT ALLOW THEM TO SUPPORT THEMSELVES AND THEIR FAMILIES. FOR EXAMPLE, A YOUNG LADY, WHO IS IN A WHEELCHAIR DUE TO AN ACCIDENT, MAKES BEAUTIFUL BASKETS. ANOTHER MAN CATHY MET MAKES CHALK TO SELL TO SCHOOLS AND DETERGENT FOR WASHING CLOTHES. A NEW MEDICAL FACILITY MOSTLY FUNDED THROUGH CATHY'S EFFORTS WAS BUILT IN 2022 AND UNITED SOLAR INITIATIVE FUNDED A SMALL SOLAR SYSTEM FOR THE FACILITY. THE SOLAR IS MAINLY USED FOR LIGHTING AND CHARGING DEVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Childress President | OfficerTrustee | 5 | $0 |
Edward Witkin Vice President | OfficerTrustee | 5 | $0 |
Jack Schaufler Secretary | OfficerTrustee | 5 | $0 |
Steven Thomsen Director | Trustee | 5 | $0 |
Jon Ruth 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 | $12,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,778 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,778 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $212 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $58 |
| 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 | $2,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,273 |
| 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 | $53,773 |
| 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 | $53,773 |
| Total liabilities and net assets/fund balances | $53,773 |