Tier Energy Network
- Assets
- $17.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Endicott, NY
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 83-3780103
Organization Overview
Tier Energy Network is located in Endicott, NY. The organization was established in 2019. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, 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. Tier Energy Network 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, Tier Energy Network generated $4.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (46.2%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (54.9%) per year over the past 3 years. 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
2022
Describe the Organization's Program Activity:
Part 3
ARC CLEAN ENERGY INDUSTRY CLUSTER - TO UNDERSTAND THE CLEAN ENERGY INDUSTRY CLUSTER THAT EXISTS IN THE SOUTHERN TIER AND ASSESS THE IMPACT OF THE CLCPA ON THE REGION IN ORDER TO DEVELOP COST EFFECTIVE PLANS FOR IMPLEMENTING NYS'S CLIMATE LEADERSHIP AND COMMUNITY PROTECTION ACT AND UNDERSTAND THE NEEDS AND POTENTIALS OF THE EMERGING CLEAN ENERGY INDUSTRY CLUSTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Smith President | 10 | $0 | |
Michael Straight Vice President | 5 | $0 | |
Rick Mancini Treasurer/secretary | 5 | $0 | |
Cliff Olin Member | 1 | $0 | |
Dennis Lockhart Member | 1 | $0 | |
Sean Sullivan Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,294 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,050 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $564 |
| Total Revenue | $4,908 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $946 |
| Total expenses | $2,696 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,319 |
| Other assets | $0 |
| Total assets | $17,319 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,319 |