Geothermal Resources Council

Organization Overview

Geothermal Resources Council is located in Mount Laurel, NJ. The organization was established in 1981. According to its NTEE Classification (U20) the organization is classified as: General Science, under the broad grouping of Science & Technology and related organizations. As of 06/2021, Geothermal Resources Council employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Geothermal Resources Council 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 06/2021, Geothermal Resources Council generated $809.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CONNECT THE GEOTHERMAL COMMUNITY AND CHAMPION GEOTHERMAL ENERGY IN THE UNITED STATES AND AROUND THE WORLD.

Describe the Organization's Program Activity:

ANNUAL MEETING - PROVIDES AN INTERNATIONAL FORUM WHERE MEMBERS, PARTICIPANTS AND GUESTS LEARN ABOUT THE LATEST ADVANCES IN GEOTHERMAL TECHNOLOGIES THROUGH TECHNICAL AND POSTER SESSIONS.


EDUCATIONAL COURSES, CONTRACTS AND PUBLICATIONS - VARIOUS COURSES AND PROJECTS PERTAINING TO GEOTHERMAL ENERGY, INCLUDING A GEOTHERMAL VIDEO, ON-LINE LIBRARY, INT'L EDUCATION AND VARIOUS EDUCATIONAL WORKSHOPS.


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Board, Officers & Key Employees

Name (title)Compensation
William Pettitt
Executive Director
$185,000
Jon Trujillo
President (2021)
$0
Andrew Sabin
Past President (2021)
$0
Kelly Blake
Vice President (2021)
$0
Maria C Richards
Past President (2020)
$0
Andy Blair
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Association Headquarters Inc
Management Services
$330,478
Ims Technology Service
Video Conferencing
$139,109
View All Vendors

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$4,570
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,570
Total Program Service Revenue$771,158
Investment income $28,130
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 $809,078

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