Solhomes
- Assets
- $50.3k
- Revenue
- $214.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Chevy Chase, MD
- Founding
- Data as of
- 12/2021
- EIN
- 84-4458904
Organization Overview
Solhomes is located in Chevy Chase, MD. 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. Solhomes 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, Solhomes generated $214.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.6%) each year. All expenses for the organization totaled $447.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SOLHOMES SUPPORTS RESILIENT AND SUSTAINABLE ENERGY FOR CRITICAL INFRASTRUCTURE IN EMERGING ECONOMIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020 SOLHOMES STARTED A SOLAR SOLAR-POWERED NET-ZERO ENERGY HOME PROJECT FOR THE US DEPARTMENT OF ENERGY SOLAR DECATHLON BUILD CHALLENGE WHICH WILL BE DONATED TO HABITAT FOR HUMANITY. SOLHOMES OVERSEES THE FINANCE AND CONSTRUCTION OF THIS NET-ZERO ENERGY HOME.
KALIKA KHETU IS A REMOTE VILLAGE LOCATED IN THE JUMLA DISTRICT OF WESTERN NEPAL. ITS HEALTH CENTER SERVES AS A MEDICAL CLINIC AND BIRTHING CENTER TO APPROXIMATELY 4,500 PEOPLE FROM THE VILLAGE OF KALIKA KHETU AND SURROUNDING COMMUNITIES. DUE IN LARGE PART TO ITS REMOTENESS AND THE DIFFICULT MOUNTAINOUS TERRAIN THE NATIONAL ELECTRIC GRID DOES NOT REACH ANY PART OF THE JUMLA DISTRICT. IN JULY 2021 GRID ALTERNATIVES SUPPORTED FINANCIALLY BY SOLHOMES AND PARTNER GHAM POWER INSTALLED A 4.875 KW PHOTOVOLTAIC SYSTEM ON THE ROOF OF THE KALIKA KHETU PRIMARY HEALTH CENTER TO SUPPORT THE FULL STAFF AND A HOST OF ELECTRIC MEDICAL DEVICES AND DIAGNOSTIC EQUIPMENT WHICH WILL SUPPORT POWER LIGHTING MEDICAL AND DIAGNOSTIC EQUIPMENT VACCINE REFRIGERATION STORE MEDICAL SUPPLIES WARMING BEDS FOR NEWBORN BABIES AND PROVIDE EMERGENCY SERVICES AND QUALITY CARE 24X7.
FOOTPRINT PROJECT DEPLOYS SOLAR + BATTERIES TO THOSE WHO NEED THEM THE MOST AFTER CLIMATE DISASTERS. THEY HAVE BEEN ON THE GROUND IN RESPONSE TO HURRICANE IDA SINCE SEP 3 2021. FOOTPRINT PROJECT WILL REMAIN IN SOUTH-EAST LOUISIANA UNTIL THE LIGHTS COME BACK ON IN COMMUNITIES HARDEST HIT BY THE STORM. THEIR EXPERTISE INCLUDES DEPLOYING SOLAR PV + STORAGE UNITS MAINTAINING COMMUNITY SOLAR TRAILER BUILDS TRAINING FOR COMMUNITY RESPONDERS AND INSTALLATION OF MICROGRIDS WITH A FOCUS ON RESILIENCY. SOLHOMES ALONG WITH DER TASK FORCE PARTNERED WITH THE FOOTPRINT PROJECT TO SUPPORT THEM FINANCIALLY FOR THE LOUISIANA DISASTER RECOVERY PROJECT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonah Messinger President | OfficerTrustee | 2 | $0 |
Akash Jain Secretary Vice President | OfficerTrustee | 2 | $0 |
Shashikiran Duraisamy Treasurer Vice President | OfficerTrustee | 4 | $0 |
Isha Kulkarni Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $188,572 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $214,572 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $214,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,050 |
| 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 | $414,908 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,626 |
| Advertising and promotion | $0 |
| Office expenses | $3,518 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $891 |
| All other expenses | $640 |
| Total functional expenses | $447,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,345 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $50,345 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $50,345 |
| Total liabilities and net assets/fund balances | $50,345 |
Grants Awarded
Over the last fiscal year, Solhomes has awarded $15,050 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
GRID ALTERNATIVES PURPOSE: Kalika Khetu is a remote village located in the Jumla district of western Nepal. Its health center serves as a medical clinic and birthing center to approximately 4,500 people from the village of Kalika Khetu and surrounding communities. In July 2021 GRID Alternatives supported financially by SolHomes and partner Gham Power installed a 4.875 kW photovoltaic system on the roof of the Kalika Khetu Primary Health Center. | $10,000 |
Eagan, MN PURPOSE: Footprint Project deploys Solar and Batteries to those who need them the most after climate disasters. They have been on the ground in response to Hurricane Ida since Sep 3 2021. Footprint Project will remain in Southeast Louisiana until the lights come back on in communities hardest hit by the storm. SolHomes along with DER Task Force partnered with the Footprint Project to support them financially for the Louisiana Disaster Recovery Project. | $5,050 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nuclear Energy Institute Washington, DC | $71,880,895 | $50,264,401 |
Sustainable Energy Utility Inc Dover, DE | $151,005,842 | $34,793,273 |
Solar Energy Industries Association Inc Washington, DC | $18,099,333 | $20,516,160 |
Clasp Washington, DC | $15,465,717 | $16,877,815 |
Environmental Working Group Washington, DC | $14,685,158 | $16,093,379 |
Smart Electric Power Alliance Washington, DC | $18,618,602 | $11,424,998 |
Citizens For Responsible Energy Solutions Inc Washington, DC | $4,760,375 | $5,691,548 |
Urban Sustainability Directors Network Washington, DC | $14,958,599 | $9,810,102 |
National Hydropower Association Inc Washington, DC | $4,290,027 | $5,771,967 |
Institute For Market Transformation Inc Washington, DC | $5,588,466 | $5,620,018 |
Solar United Neighbors Washington, DC | $7,152,492 | $9,177,956 |
Renewable Energy Wildlife Institute Washington, DC | $5,884,881 | $3,402,247 |