Aci Center Of Excellence For Carbon Neutral Concrete
- Assets
- $543.0k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington Hills, MI
- Founding
- Data as of
- 12/2023
- EIN
- 87-4387749
Organization Overview
Aci Center Of Excellence For Carbon Neutral Concrete is located in Farmington Hills, MI. According to its NTEE Classification (U40) the organization is classified as: Engineering & Technology, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aci Center Of Excellence For Carbon Neutral Concrete 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 12/2023, Aci Center Of Excellence For Carbon Neutral Concrete generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $816.6k during the year ending 12/2023. While expenses have increased by 25.7% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NEU'S MISSION IS TO DRIVE EDUCATION, AWARENESS, AND ADOPTION OF CARBON NEUTRAL CONCRETE MATERIALS AND TECHNOLOGIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP - MEMBERSHIP IN NEU BEGAN WITH 12 MEMBER COMPANIES AND FIVE ALLIED ORGANIZATIONS
VALIDATION/VERIFICATION - DEVELOPMENT OF VALIDATION AND VERIFICATION PROGRAM INCLUDING THE OUTLINING OF PROGRAM FUNCTIONALITY AND PROCEDURES AND THE COMMUNICATION NEWS AND FAQ'S REGARDING VALIDATION/VERIFICATION PROGRAM.
COMMUNICATION AND EDUCATION - PROVIDING WEB-BASED RESOURCES, FAQS AND NEWS; ALSO PROVIDING WEEKLY AND MONTHLY NEWSLETTERS AND GROWING NEU'S PRESENCE AND INFORMATION REACH VIA CONFERENCES, SEMINARS AND CONVENTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Glumb Treasurer | Trustee | 1 | $0 |
Lawrence Stutter President | Trustee | 1 | $0 |
Robin Millican Director | Trustee | 1 | $0 |
Amruta Sudhalkar Director | Trustee | 1 | $0 |
Mike Schneider Director | Trustee | 1 | $0 |
Charles Nmai Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $210,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $460,000 |
| Total Program Service Revenue | $791,221 |
| 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 | $1,251,221 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $174,990 |
| Compensation of current officers, directors, key employees. | $41,997 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $294,108 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,007 |
| Payroll taxes | $35,886 |
| Fees for services: Management | $13,168 |
| 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 | $0 |
| Advertising and promotion | $142,998 |
| Office expenses | $5,344 |
| Information technology | $10,000 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $54,969 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,747 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,400 |
| All other expenses | $0 |
| Total functional expenses | $816,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $533,140 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,640 |
| 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 | $3,175 |
| 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 | $542,955 |
| Accounts payable and accrued expenses | $8,767 |
| Grants payable | $0 |
| Deferred revenue | $27,482 |
| 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 | $36,249 |
| Net assets without donor restrictions | $506,706 |
| 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 | $542,955 |