Cec Stuyvesant Cove Inc, operating under the name Solar One, is located in Long Island City, NY. The organization was established in 2004. According to its NTEE Classification (C30) the organization is classified as: Natural Resources Conservation & Protection, under the broad grouping of Environment and related organizations. As of 12/2022, Solar One employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solar One 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, Solar One generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $6.8m during the year ending 12/2022. While expenses have increased by 11.1% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO DESIGN AND DELIVER INNOVATIVE EDUCATION, TRAINING, AND TECHNICAL ASSISTANCE THAT FOSTERS SUSTAINABILITY AND RESILIENCY IN DIVERSE URBAN ENVIRONMENTS. WE EMPOWER LEARNING THAT CHANGES THE WAY PEOPLE THINK ABOUT ENERGY, SUSTAINABILITY, AND RESILIENCE BY ENGAGING AND EDUCATING A DIVERSE SET OF STAKEHOLDERS AND BENEFICIARIES. OUR PROGRAMS HELP INDIVIDUALS AND COMMUNITIES EXPLORE NEW WAYS OF LIVING AND WORKING THAT ARE MORE ADAPTIVE TO A CHANGING WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PROGRAMS HELP INDIVIDUALS AND COMMUNITIES EXPLORE NEW WAYS OF LIVING AND WORKING THAT ARE MORE ADAPTIVE TO A CHANGING WORLD. WE DO THIS THROUGH A NUMBER OF EDUCATION AND OUTREACH PROGRAMS. OUR LARGEST PROGRAMS ARE: OUR K-12 EDUCATION PROGRAM; HERE COMES SOLAR PROGRAM; GREEN WORKFORCE TRAINING PROGRAM; CLEAN ENERGY COMMUNITIES PROGRAM; AND MANAGEMENT OF STUYVESANT COVE PARK ON THE EAST RIVER AT 23RD STREET IN MANHATTAN. EDUCATION: THROUGH OUR K-12 GREEN DESIGN LAB EDUCATION PROGRAM, WE HAVE REACHED STUDENTS AND TEACHERS IN OVER 1,000 SCHOOLS. OUR K-12 EDUCATION PROGRAM PROVIDES CLASSROOM DELIVERY, FIELD TRIPS, PROFESSIONAL DEVELOPMENT FOR TEACHERS, AND ENVIRONMENTAL STEM CURRICULUM. WE REACH THOUSANDS OF YOUTH PER YEAR WITH HANDS-ON ENVIRONMENTAL STEM EDUCATION PROGRAMMING. HERE COMES SOLAR PROVIDES COMPREHENSIVE TECHNICAL ASSISTANCE TO HIGH-BARRIER MARKETS, INCLUDING COMMUNITY ORGANIZATIONS, AFFORDABLE HOUSING PROVIDERS AND RESIDENTS, AND RENTERS, TO MAKE SOLAR COST-EFFECTIVE AND ACCESSIBLE TO ALL. WE FOCUS ON LOW-INCOME COMMUNITIES AND COMMUNITIES OF COLOR WHO FACE DISPROPORTIONATE CHALLENGES TO ACCESSING THE ECONOMIC BENEFITS OF SOLAR. THE GREEN WORKFORCE PROGRAM PROVIDES UNDER- AND UNEMPLOYED INDIVIDUALS WITH EDUCATION, CERTIFICATIONS AND HANDS-ON EXPERIENCE IN SUSTAINABLE CONSTRUCTION, BUILDING OPERATIONS AND MAINTENANCE, HVAC, ENERGY EFFICIENCY AND SOLAR PV. THE TEAM WORKS IN PARTNERSHIP WITH MANY CBOS AND NONPROFITS ACROSS THE CITY TO PROVIDE A FULL-SERVICE WORKFORCE DEVELOPMENT PROGRAM THAT REACHES OR EXCEEDS A 75% JOB PLACEMENT RATE YEAR-OVER-YEAR. CLEAN ENERGY COMMUNITIES PROGRAMS: THROUGH OUR CLEAN ENERGY COMMUNITIES PROGRAM, WE PROVIDE TECHNICAL ASSISTANCE TO NEW YORK CITY AGENCIES IN ORDER TO REDUCE GREENHOUSE GAS EMISSIONS IN THE PUBLIC AND PRIVATE SECTORS. STUYVESANT COVE PARK: THROUGH PROGRAMMING AT STUYVESANT COVE PARK, A UNIQUE PUBLIC GREEN SPACE ON A FORMER INDUSTRIAL SITE, WE TEACH THE PUBLIC ABOUT INTERDEPENDENCIES OF NATIVE PLANTS, WILDLIFE, AND PEOPLE, AND THE POTENTIAL FOR URBAN ECOLOGICAL RESTORATION AND RENEWAL. THE SOLAR ONE ENVIRONMENTAL EDUCATION CENTER (S1EEC) WILL BE CONSTRUCTED IN STUYVESANT COVE PARK WITH A PROJECTED OPENING IN EARLY 2025. AS CURRENTLY PLANNED, IT WILL BE A FULLY RESILIENT BUILDING WITH PHOTOVOLTAIC SOLAR AND BATTERY STORAGE, WITH CLASSROOMS AND OFFICE SPACE, AND WILL BE AVAILABLE FOR A RANGE OF SPECIAL EVENT PROGRAMMING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sara Queen Chair | OfficerTrustee | 2 | $0 |
Ellen Witzling Roff Treasurer | OfficerTrustee | 2 | $0 |
Jane R Crotty Secretary | OfficerTrustee | 2 | $0 |
Kara Allen Board Director | Trustee | 2 | $0 |
Katherine L Boden Board Director | Trustee | 1 | $0 |
William D Browning Board Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Group-s Llc Dba En-power Energy Systems | 12/30/22 | $507,312 |
Solar Liberty Energy Systems Inc Energy Systems | 12/30/22 | $160,482 |
Accord Power Inc Energy Systems | 12/30/22 | $403,345 |
Cameron Engineering & Associates Llc Engineering | 12/30/22 | $522,796 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $13,000 |
Related organizations | $0 |
Government grants | $3,159,766 |
All other contributions, gifts, grants, and similar amounts not included above | $4,792,328 |
Noncash contributions included in lines 1a–1f | $6,400 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,965,094 |
Total Program Service Revenue | $1,390,628 |
Investment income | $755 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$4,102 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,352,375 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,251 |
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. | $364,356 |
Compensation of current officers, directors, key employees. | $284,309 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,782,935 |
Pension plan accruals and contributions | $44,944 |
Other employee benefits | $299,553 |
Payroll taxes | $278,996 |
Fees for services: Management | $0 |
Fees for services: Legal | $16,809 |
Fees for services: Accounting | $37,000 |
Fees for services: Lobbying | $38,500 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,317,144 |
Advertising and promotion | $2,696 |
Office expenses | $30,868 |
Information technology | $59,606 |
Royalties | $0 |
Occupancy | $280,569 |
Travel | $36,812 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,034 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $10,372 |
Insurance | $52,307 |
All other expenses | $0 |
Total functional expenses | $6,767,514 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,514,738 |
Savings and temporary cash investments | $683,295 |
Pledges and grants receivable | $2,862,542 |
Accounts receivable, net | $326,567 |
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 | $35,770 |
Net Land, buildings, and equipment | $1,644,992 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,386,014 |
Total assets | $9,453,918 |
Accounts payable and accrued expenses | $846,191 |
Grants payable | $0 |
Deferred revenue | $213,200 |
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 | $2,506,605 |
Total liabilities | $3,565,996 |
Net assets without donor restrictions | $2,420,239 |
Net assets with donor restrictions | $3,467,683 |
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 | $9,453,918 |
Over the last fiscal year, Cec Stuyvesant Cove Inc has awarded $50,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CO-OP POWER PURPOSE: RE-GRANT FROM THE NEW YORK COMMUNITY TRUST FOR PRE-DEVELOPMENT ACTIVITIES FOR THE SUNSET PARK SOLAR PROJECT. | $25,000 |
UNITED PUERTORICAN ORGANIZATION OF SUNSET PARK INC (UPROSE INC) PURPOSE: RE-GRANT FROM THE NEW YORK COMMUNITY TRUST FOR PRE-DEVELOPMENT ACTIVITIES FOR THE SUNSET PARK SOLAR PROJECT. | $25,000 |