Sippican Community Solar Garden Cooperative
- Assets
- $19.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Falmouth, MA
- Founding
- 06/2015
- EIN
- 47-2719872
Organization Overview
Sippican Community Solar Garden Cooperative is located in East Falmouth, MA. The organization was established in 2015. According to its NTEE Classification (Y22) the organization is classified as: Local Benevolent Life Insurance Associations, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sippican Community Solar Garden Cooperative is a 501(c)(12) and as such, is described as a "Benevolent Life Insurance Association, Mutual Ditch or Irrigation Company, Mutual or Cooperative Telephone Company" by the IRS.
For the year ending undefined, Sippican Community Solar Garden Cooperative generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (36.5%) each year. All expenses for the organization totaled $318.0 during the year ending undefined. 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
Describe the Organization's Program Activity:
Part 3
TO PURCHASE AND REDISTRIBUTE ENERGY, IN THE FORM OF NET METERING CREDITS, AND ENERGY-RELATED SERVICES TO ITS MEMBERS, AS PATRONS, ON A COOPERATIVE, NON-PROFIT BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pk Simonds Director | 2 | $0 | |
Richard Payne Director | 2 | $0 | |
Rex Withers Clerk | 5 | $0 | |
John Lamb President | 5 | $0 | |
Cleo Zani Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $840 |
| Investment income | $392 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,232 |
| Statement of Expenses | |
|---|---|
| Total expenses | $318 |
| Balance Sheet | |
|---|---|
| Total assets | $19,069 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,069 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pascoag Utility District Pascoag, RI | $19,979,701 | $9,825,059 |
Energy Cooperative Of America Inc Amherst, NY | $8,235,915 | -$830,770 |
Wwt Inc Walpole, MA | $699,011 | $193,737 |
Ethiopian Edir Mutual Assistance Association In New York Inc New York, NY | $281,963 | $0 |
American Federation Of State County & Municipal Employees Schenectady, NY | $225,484 | $0 |
Pleasant Water Inc Attn William J Corcoran South Yarmouth, MA | $216,793 | $0 |
Lakeland Volunteer Firemens Benevolent Association Ronkonkoma, NY | $1,629,693 | $268,133 |
Tamworth Wireless Tamworth, NH | $0 | $0 |
Morristown Corners Water Corp Morrisville, VT | $12,959 | $0 |
Insurance Club Of Buffalo Inc Clarence, NY | $443,289 | $46 |
Vineyard Power Cooperative Inc Vineyard Haven, MA | $6,489 | $0 |
Sippican Community Solar Garden Cooperative East Falmouth, MA | $19,069 | $0 |