Southern Alliance For Clean Energy Sace
- Assets
- $1.7m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 11/1981
- Data as of
- 12/2023
- EIN
- 62-1103006
Organization Overview
Southern Alliance For Clean Energy Sace is located in Knoxville, TN. The organization was established in 1981. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, 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. Southern Alliance For Clean Energy Sace is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2023, Southern Alliance For Clean Energy Sace generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $162.6k during the year ending 12/2023. 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
THE PURPOSE OF THE SOUTHERN ALLIANCE FOR CLEAN ENERGY ACTION FUND IS TO PERFORM EDUCATIONAL RESEARCH AND TO ADMINISTER PROGRAMS CONCERNING THE ENVIRONMENT, PUBLIC HEALTH, AND ECONOMIC IMPACTS OF THE ENERGY USE AND POLICY IN THE SOUTHEAST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE SOUTHERN ALLIANCE FOR CLEAN ENERGY ACTION FUND IS TO PERFORM EDUCATIONAL RESEARCH AND TO ADMINISTER PROGRAMS CONCERNING THE ENVIRONMENT, PUBLIC HEALTH, AND ECONOMIC IMPACTS OF THE ENERGY USE AND POLICY IN THE SOUTHEAST; TO PROVIDE A FORUM FOR PUBLIC DISCUSSION OF THESE ISSUES; AND TO ADVOCATE FOR ENERGY PLANS, POLICIES, AND SYSTEMS THAT BEST SERVE THE ENVIRONMENTAL AND ECONOMIC INTEREST OF THE COMMUNITIES IN THE SOUTHEAST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Noel Vice Presid | Trustee | 1 | $0 |
Ennis Sisskin President | Trustee | 1 | $0 |
Stephen Smith Executive Di | Officer | 1 | $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 | $1,126,203 |
| Noncash contributions included in lines 1a–1f | $1,604 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,126,203 |
| Total Program Service Revenue | $0 |
| Investment income | $28,513 |
| 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 | $1,154,716 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $130,000 |
| 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 | $4,550 |
| 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 | $33 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,306 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $140 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,985 |
| Total functional expenses | $162,550 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,351,839 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $316,791 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,668,630 |
| 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 | $17,255 |
| Total liabilities | $17,255 |
| Net assets without donor restrictions | $1,651,375 |
| 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 | $1,668,630 |