Overview
What is Slipstream Group Inc?
Slipstream Group Inc is a Wisconsin-based nonprofit organization with a mission to accelerate climate solutions for everyone. They specialize in implementing energy efficiency programs for utilities and governments, with a particular focus on underserved customers, such as improving energy efficiency in manufactured housing. Their expertise spans innovative commercial and affordable housing new construction programs, the next generation of commercial lighting solutions, residential lighting programs, and various commercial and residential programs aimed at lasting changes to energy consumption. With a growing emphasis on electrification technologies, including electric vehicles, Slipstream is dedicated to increasing the speed and scale of climate mitigation and resilience while prioritizing equity and inclusion. The organization currently employs 182 individuals.
Official website here: www.slipstreaminc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 88% - Three-Star out of Four Star rating
Slipstream Group Inc has received an 88% score from Charity Navigator, which translates to a Three-Star rating. This rating is based solely on the Accountability & Finance pillar, reflecting strong organizational practices in these areas. The charity demonstrates exemplary governance with a fully independent board and comprehensive oversight mechanisms in place.
Strengths for Slipstream include a high program expense ratio of 77.81%, indicating that a significant portion of its expenses goes directly to its programs. The organization also scores perfectly in areas such as conflict of interest policies, whistleblower protections, and document retention, which all contribute to its accountability and transparency.
While the overall score is solid, it is important to note that it is derived exclusively from financial and accountability criteria, with no assessment of the charity's effectiveness or programmatic impact. Stakeholders may wish to look further into the specific outcomes of the organization's programs to get a complete picture of its contributions to the community.
This AI summary has been generated from information found on Charity Navigator.
Is Slipstream Group Inc legitimate?
Slipstream Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Slipstream Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,222,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,933,369
For more financial information, click here
Official website here: www.slipstreaminc.org
What is the mission statement of Slipstream Group Inc?
Slipstream Group Inc's mission statement reflects their commitment to accelerating climate solutions for everyone. The organization adopted this new mission in 2020, aiming to increase the pace and scope of climate mitigation and resilience. Slipstream is dedicated to promoting equity and inclusion in climate solutions, focusing on historically disadvantaged communities and centering their perspectives. They measure their impact in terms of greenhouse gas reductions, energy savings, innovation, and health. Through their work, Slipstream strives to deliver equitable benefits to those who have been left behind in the clean energy transition.
Official website here: www.slipstreaminc.org
Who is the CEO of Slipstream Group Inc?
Sandra Henry is the Chair of Slipstream Group Inc. The CEO's salary of Slipstream Group Inc is $84,536 and their total compensation is $93,079.
Official website here: www.slipstreaminc.org
What is the revenue of Slipstream Group Inc?
Slipstream Group Inc's revenue in 2022 was $38,761,093.
Official website here: www.slipstreaminc.org
Who are the executives of Slipstream Group Inc and what are their salaries?
The average compensation at Slipstream Group Inc during 2022 was $61,293. There are 182 employees and 16 volunteers at Slipstream Group Inc.
Here are 26 key members and their salaries (Slipstream Group Inc's CEO's salary is $84,536 and their total compensation is $93,079):
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- Compensation: $146,204
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- Other: $9,516
- Compensation: $84,536
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- Other: $8,543
- Compensation: $64,882
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- Other: $1,455
- Compensation: $17,520
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- Compensation: $99,397
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- Compensation: $136,269
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- Compensation: $150,605
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- Other: $4,912
- Compensation: $121,547
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- Other: $21,779
- Compensation: $119,390
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- Other: $19,184
- Compensation: $127,462
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- Other: $9,049
Official website here: www.slipstreaminc.org
Where can I find the form 990 for Slipstream Group Inc?
Slipstream Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.slipstreaminc.org
Learn more at the official website: www.slipstreaminc.org
Mission Statement of Slipstream Group Inc
Slipstream Group Inc, a mission-driven organization, is dedicated to accelerating climate solutions for everyone. Adopting this new mission statement in 2020, Slipstream has reaffirmed its commitment to increasing the speed and scale of climate mitigation and resilience. The organization's primary objective is to push forward the adoption of climate solutions that benefit all people, regardless of background or demographic.
Slipstream understands the historic inequities in the energy efficiency industry and aims to center the perspectives of BIPOC communities in its climate solutions. The organization strives to deliver equitable benefits to individuals who have been left behind in the clean energy transition. Slipstream measures its impact through various means, including the reduction of greenhouse gases, energy savings, innovation, and health.
In their pursuit of climate action, Slipstream is dedicated to reducing the carbon footprint and enhancing resilience. Through their work, they strive to bring about positive change by implementing sustainable practices and promoting the adoption of renewable energy sources. The organization's commitment to equity and inclusion is at the forefront of their operations, ensuring that everyone has a voice in the transition towards a more sustainable future.
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Impact
October, 2024
Slipstream Group Inc significantly impacts climate solutions by implementing large-scale energy efficiency programs aimed at utilities and governments. The organization specializes in enhancing the energy efficiency of underserved communities, particularly in areas like manufactured housing. Its efforts extend to innovative programs in commercial and affordable housing construction, next-generation commercial lighting solutions, and residential lighting initiatives.
A critical aspect of Slipstream's work is its focus on electrification technologies, including electric vehicles, which play a pivotal role in reducing greenhouse gas emissions. The organization prioritizes equity and inclusion, aiming to address historic inequalities within the energy efficiency sector and ensuring that BIPOC communities are central to climate solutions.
By measuring its impact through greenhouse gas reductions, energy savings, and health outcomes, Slipstream advocates for sustainable changes that benefit everyone, advocating for policies and practices that promote a clean energy future. Overall, Slipstream Group Inc stands out as a leader in accelerating climate solutions that are equitable and sustainable, fostering community resilience and promoting lasting environmental improvements.
This information is meant to be a general summary of Slipstream Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $417,533
- Program Service Revenue: $35,753,909
- Gross Receipts: $39,839,813
Assets and Liabilities:
- Total Assets: $38,156,541
- Total Liabilities: $22,932,487
- Net Assets: $15,224,054
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EFFICIENCY AT SCALE
Revenue
$26,981,802
FINANCING FOR A LOW-CARBON FUTURE
Revenue
$3,856,167
EMERGING TECHNOLOGIES & HUMAN FAC
Revenue
$2,646,941
TRAINING & EDUCATION
Revenue
$2,268,999
Organization Details
Founding Year
1980
Phone
(608) 249-9322Principal Officer
Sandra Henry
Main Address
431 CATALYST WAY, MADISON, WI, 53719
Website
www.slipstreaminc.orgNTEE Category
Code: C350 - Environment
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