Hydrogen Fuel Cell Bus Council Dc
- Assets
- $114.2k
- Revenue
- $56.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 92-3667701
Organization Overview
Hydrogen Fuel Cell Bus Council Dc is located in Washington, DC. According to its NTEE Classification (U03) the organization is classified as: Professional Societies & Associations, 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. Hydrogen Fuel Cell Bus Council DC is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Hydrogen Fuel Cell Bus Council DC generated $56.9k 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 (37.5%) each year. All expenses for the organization totaled $77.8k 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 MISSIION OF HYDROGEN FUEL CELL BUS COUNCIL IS TO EDUCATE POLICYMAKERS, REGULATORS AND TRANSPORTATION STAKEHOLDERS OF THE BENEFITS OF HYDROGEN FUEL CELL ELECTRIC BUSES AND RELATED INFRASTRUCTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE HFCBC ADVANCED ITS MISSION OF EDUCATING STAKEHOLDERS OF THE BENEFITS OF HYDROGEN FUEL CELL ELECTRIC BUSES AND RELATED INFRASTRUCTURE PROMOTING KEY ADVANCES IN HYDROGEN-BASED FUELS AND THE DEVELOPMENT OF RELATED INFRASTRUCTURE BY PROVIDING IN-DEPTH COMMENT LETTERS AND COMMUNICATING WITH FEDERAL OFFICIALS ON IMPORTANT POLICIES. IT MADE STRIDES IN ADVOCATING FOR CONTINUED ADVANCED APPROPRIATIONS FOR THE LOW-NO EMISSIONS BUS GRANT PROGRAM AS THIS FUNDING HELPS BOTH TYPES OF ZERO-EMISSION BUSES, WORKING TO ENSURE THAT LOW-NO AWARDS ARE FAIRLY DISTRIBUTED BY , EDUCATING HILL STAFF AND OTHERS IN THE EFFORT TOWARDS REASONABLE HYDROGEN PRODUCTION TAX CREDIT RULES THAT STIMULATE A HYDROGEN ECONOMY, ADVOCATING FOR MORE FEDERAL FUNDING TO EXPAND THE DOE DEMAND INITIATIVE TO SUBSIDIZE THE PRICE OF HYDROGEN, AND BUILDING RELATIONSHIPS WITH MORE MEMBERS OF CONGRESS TO INCREASE ISSUE-AWARENESS AND BROADEN SUPPORT FOR HYDROGEN.
THE HFCBC HOSTED AN ANNUAL MEETING ON OCTOBER 8, 2023, FOR ITS MEMBERS WHICH INCLUDED A SUMMARY OF OUR RECENT ACTIVITIES SUCH AS SUBMITTING COMMENTS TO IRS IN SUPPORT OF CERTAIN 45V TAX CREDIT REGULATIONS,CONNECTING AAGENCIES WITH REGIONAL H@HUBS ADMINISTERED BY THE DEPARTMENT OF ENERGY, AND PODCAST APPEARANCES FROM BROAD MEMBERS. DURING THE MEETING, THERE WAS AN ELECTION FOR THE BOARDS, AND A Q&A WITH BRUCE ROBINSON, ASSOCIATE ADMINISTROTOR FOR PROGRAM DEVELOPMENT FROM THE FEDERAL TRASIT ADMINISTRATION.
HYDROGEN 101 PANEL IN ORLANDO ON OCTOBER 10TH. THE HFCBC ORGANIZED A PANEL WITH REPRESENTATIVES FROM THE COUNCIL AND ANOTHER TRANSPORTATIN NONPROFIT FOR CURRENT AND PROSPECTIVE MEMBERS AT A NATIONAL TRANSPORTATION CONFERENCE THAT HAD OVER 60 ATTENDEES. IT FEATURED PRESENTATIONS FROM HFCBC MEMBERS ABOUT THEIR EXPERIENCE WITH MANAGING A FUEL CELL FLEET IN DIFFERENT GEOGRAPHIES, CLIMATES, AND ROUTES. THIS EVENT EDUCATED MEMBERS AND NONMEMBERS ALIKE ABOUT THE NECESSARY QUESTIONS THAT NEED TO BE ANSWERED BEFORE PURSUING A HYDROGEN PROGRAM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karl Gnadt President | Trustee | 5 | $0 |
Doran Barnes Treasurer | Trustee | 1 | $0 |
Kirt Conrad Secretary | Trustee | 1 | $0 |
Lauren Skiver Vice President | Trustee | 1 | $0 |
Mj Maynard Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $56,884 |
| 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 | $56,884 |
| 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. | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,000 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| 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 | $1,696 |
| Insurance | $2,494 |
| All other expenses | $7 |
| Total functional expenses | $77,829 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,573 |
| 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 | $23,609 |
| Other assets | $0 |
| Total assets | $114,182 |
| 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 | $114,182 |
| 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 | $114,182 |