Sustainable Energy For Galena Alaska

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 12/2021, Sega employed 17 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 12/2021, Sega generated $972.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE OTHER ENERGY-EFFICIENCY AND RENEWABLE ENERGY PROJECTS FOR THE COMMUNITY = GENERAL CONTRACTOR/LOUDEN TRIBE LOW-INCOME HOUSING PROGRAM.


PROVIDE WOODY BIOMASS FUEL FOR THE CITY OF GALENA'S DISTRICT HEATING SYSTEM.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $431,392
Interest on Savings $1,950
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $539,319
Total Revenue $972,661

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