Sustainable Energy For Galena Alaska
- Assets
- $424.5k
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 24
- Location
- Galena, AK
- Founding
- 06/2017
- Data as of
- 12/2023
- EIN
- 47-2174688
Organization Overview
Sustainable Energy For Galena Alaska, operating under the name Sega, is located in Galena, AK. The organization was established in 2017. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Sega employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sega 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 12/2023, Sega generated $2.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.5% each year . All expenses for the organization totaled $2.5m during the year ending 12/2023. While expenses have increased by 26.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE WOODY BIOMASS FUEL FOR THE CITY OF GALENA'S DISTRICT HEATING SYSTEM, SUPPORT SUSTAINABLE ENERGY EDUCATION INITIATIVES AND IMPLEMENT OTHER ENERGY-EFFICIENCY AND RENEWABLE PROJECTS IN THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE WOODY BIOMASS FUEL FOR THE CITY OF GALENA'S DISTRICT HEATING SYSTEM.
PROVIDE OTHER ENERGY-EFFICIENCY AND RENEWABLE ENERGY PROJECTS FOR THE COMMUNITY = GENERAL CONTRACTOR/LOUDEN TRIBE LOW-INCOME HOUSING PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Kalke General Mana | Officer | 40 | $134,640 |
Phil Koontz President | OfficerTrustee | 0.12 | $0 |
Brad Scotton Vice Preside | OfficerTrustee | 0.12 | $0 |
Ben Blasco Secretary | OfficerTrustee | 0.12 | $0 |
Nolan Aloysius Treasurer | OfficerTrustee | 0.12 | $0 |
Ronald Burgett II Director | Trustee | 0.12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $871,556 |
| 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 | $871,556 |
| Total Program Service Revenue | $1,790,056 |
| Investment income | $83 |
| 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 | $2,661,695 |
| 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. | $134,640 |
| Compensation of current officers, directors, key employees. | $40,392 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $763,676 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $67,294 |
| Payroll taxes | $79,127 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $310,816 |
| Advertising and promotion | $4,027 |
| Office expenses | $11,351 |
| Information technology | $4,115 |
| Royalties | $0 |
| Occupancy | $42,532 |
| Travel | $12,178 |
| 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 | $101,008 |
| Insurance | $64,808 |
| All other expenses | $0 |
| Total functional expenses | $2,542,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,055 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$14,283 |
| 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 | $386,745 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $424,517 |
| Accounts payable and accrued expenses | $58,373 |
| 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 | $58,373 |
| Net assets without donor restrictions | $366,144 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $424,517 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Breakthrough Energy Catalyst Foundation Kirkland, WA | $452,252,817 | $358,545,515 |
Sustainable Energy For Galena Alaska Galena, AK | $424,517 | $2,661,695 |
Northwest Energy Efficiency Council Seattle, WA | $2,895,175 | $2,386,665 |
Spark Northwest Seattle, WA | $1,241,596 | $1,597,810 |
Renewable Energy Alaska Project Anchorage, AK | $648,646 | $1,101,702 |
The Sustainable Living Center Walla Walla, WA | $1,235 | $847,802 |
Coltura Seattle, WA | $230,784 | $652,932 |
Burn Design Lab Vashon, WA | $1,080,975 | $422,311 |
Olympia Community Solar Olympia, WA | $674,227 | $755,307 |
Climate Collaborative Bellingham, WA | $294,321 | $382,009 |
Alaska Heat Smart Juneau, AK | $301,748 | $284,795 |
Net-Negative Co2 Baseload Power Inc West Richland, WA | $108,284 | $310,000 |
Smart Buildings Center Education Program Seattle, WA | $367,803 | $339,292 |
Alaska Rural Electric Cooperative Association Educational Foundation Anchorage, AK | $1,304,727 | $56,007 |
Solar Washington Association Issaquah, WA | $37,685 | $0 |
Earth Givers Inc Olympia, WA | $66,971 | $0 |
Irha Energy Services Inc Fairbanks, AK | $289,534 | $0 |