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Ecolibrium3

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 452746481 ✦ Duluth, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ecolibrium3?

Ecolibrium3 is a nonprofit organization based in Duluth, Minnesota, dedicated to fostering sustainable and equitable community change. With a focus on energy, equity, and economic vitality, Ecolibrium3 serves as a neighborhood convening organization, working on revitalization projects in Duluth's Lincoln Park neighborhood. The organization's initiatives cover various aspects of sustainable revitalization, including community resilience, energy efficiency, and poverty eradication. Ecolibrium3's flagship program, Eco3 Energy, is a nationally recognized residential energy efficiency program, designed to help households overcome barriers to energy improvements. Through counseling, financial incentives, and quality assurance, Eco3 Energy has achieved a conversion rate of 65%, saving participating households over $600 per year on energy costs and reducing carbon footprints. Beyond energy work, Ecolibrium3 has extended its efforts to disaster recovery and resilience. In response to regional floods in 2012, the organization applied the processes and capacity of the Eco3 program to disaster and reconstruction management for low-income flood victims. Additionally, Ecolibrium3 played a significant role in regional recovery through the chairmanship of the Regional Long Term Recovery Committee. During the COVID-19 pandemic, Ecolibrium3 took on a community leadership role, helping businesses and residents respond to the pandemic with food initiatives, broadband efforts, and a PPE project that engaged over 1,000 community volunteers. In addition, Ecolibrium3 serves as a neighborhood-based community development organization, working specifically for the revitalization of the low-income Lincoln Park neighborhood. The organization has rebranded the neighborhood, held economic revitalization summits, and co-leads the Lincoln Park Innovation Zone with the Duluth Mayor's Office. Lastly, Ecolibrium3's AmeriCorps Vista program helps organizations throughout the region build capacity to reduce or eliminate poverty by providing full-time community service volunteers to non-profit and governmental organizations to expand partnerships, improve services, and recruit and manage volunteers.


Official website here: www.ecolibrium3.org

What are the reviews and ratings of this charity?

Charity Navigator rates Ecolibrium3 with a Three-Star out of Four Star rating, reflecting a score of 78%. This rating is derived solely from the Accountability & Finance beacon, underscoring the organization's commitment to responsible financial management and transparency. A strong performance in this area is essential for building trust with donors and stakeholders.

Ecolibrium3 showcases several organizational strengths, including a fully independent board of directors, which enhances governance and oversight. The charity has no material diversions of assets, and it adheres to several policies that promote ethical conduct, such as conflict of interest and whistleblower policies. Furthermore, the program expense ratio is impressive at 84.94%, indicating that a significant portion of funds is directed toward program services rather than administrative costs.

However, while the charity performs well in accountability and finance, the rating does not provide insights into programmatic effectiveness or impact, which are critical for understanding the full scope of the organization's work. This limitation suggests that potential donors might want to seek additional information about Ecolibrium3's programs and outcomes before contributing.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Ecolibrium3?

100% of reviewers on Facebook recommend Ecolibrium3, reflecting a strong approval from their audience. Here is a summary of their reviews:

The organization is praised for its commitment to transformational projects that address pressing issues such as energy poverty and community collaboration. Many highlight their focus on economic resilience and renewable energy solutions, indicating that Ecolibrium3 actively contributes to neighborhood revitalization efforts.

Overall, supporters feel that Ecolibrium3 is making a significant impact in the community and encourage others to learn more about the organization's initiatives. The overwhelming positive sentiment suggests that they are effectively delivering on their mission.


This AI summary has been generated from reviews found on Facebook.

Is Ecolibrium3 legitimate?

Ecolibrium3 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecolibrium3 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: $96,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $271,593

For more financial information, click here


Official website here: www.ecolibrium3.org

What is the mission statement of Ecolibrium3?

Ecolibrium3's mission is to spearhead and inspire change towards an equitable and sustainable future, focusing on the intersection of energy, equity, and economic vitality. They strive to be a catalyst for community transformation, with a particular focus on energy efficiency, community resilience, and poverty eradication. Their flagship program, Eco3 Energy, aims to increase energy efficiency in households, particularly for low-income families, by coordinating audits, offering counseling on recommendations, bundling financial incentives, and providing assistance with contracting. They also have an AmeriCorps Vista program that builds capacity towards poverty eradication across the region. In times of disaster, such as the 2012 flood, Ecolibrium3 has utilized their processes and capacity to manage disaster and reconstruction efforts for low-income households, improving the energy efficiency of homes post-disaster and mitigating damage from future storms. Ecolibrium3 has also taken a community leadership role in responding to crises like the COVID-19 pandemic, providing food initiatives, broadband efforts, and a PPE project. Their work has been recognized for its impact and innovation.


Official website here: www.ecolibrium3.org

Who is the CEO of Ecolibrium3?

Jodi Slick is the Ceo/Cfo of Ecolibrium3. The CEO's salary of Ecolibrium3 is $90,000 and their total compensation is $96,600.


Official website here: www.ecolibrium3.org

What is the revenue of Ecolibrium3?

Ecolibrium3's revenue in 2022 was $817,331.


Official website here: www.ecolibrium3.org

Who are the executives of Ecolibrium3 and what are their salaries?

The average compensation at Ecolibrium3 during 2022 was $52,599. There are 7 employees and 300 volunteers at Ecolibrium3.


Here are 6 key members and their salaries (Ecolibrium3's CEO's salary is $90,000 and their total compensation is $96,600):


Jodi Slick (Ceo/Cfo)
  • Compensation: $90,000
  • Related: $0
  • Other: $6,600
Carole Newkumet (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Benson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Drexler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Kazel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sumair Shiehk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ecolibrium3.org

Where can I find the form 990 for Ecolibrium3?

Ecolibrium3's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ecolibrium3.org

Learn more at the official website: www.ecolibrium3.org

Mission Statement of Ecolibrium3

Ecolibrium3, a dynamic community-focused nonprofit, strives to instigate and inspire change towards an equitable and sustainable future. This organization operates at the intersection of energy, equity, and economic vitality, with a mission to lead and inspire transformative shifts in the community.

Ecolibrium3 serves as a community convener in low-income neighborhoods, working on various aspects of sustainable revitalization that advance opportunities for residents and businesses. One of their key focuses is community resilience, encompassing energy transition, housing stock improvement, economic security, and health. They excel in understanding high-level challenges and designing programs, partnerships, and projects that address these issues.

Their flagship program, Eco3 Energy, is a nationally recognized residential energy efficiency program that helps households overcome barriers to energy improvements. The program has achieved a conversion rate of 65% by coordinating audits, offering counseling on recommendations, bundling financial incentives, assisting in contracting, conducting quality assurance, and raising funds for grants to households. Ecolibrium3 maintains an equipment lending library for contractors and homeowners, offers scholarships for contractor energy training, and has helped save over 1,000 participating households more than $600 per year on energy costs, while reducing carbon footprints.

In addition to energy transition efforts, Ecolibrium3 serves as a community development organization, working specifically for the revitalization of low-income neighborhoods. Their projects range from funding play areas, coordinating green space activation, neighborhood event development, rebranding the neighborhood, and supporting small businesses in the commercial corridor. The organization has launched programs like the Main Street LNPK program to support small businesses and has received formal recognition for these initiatives.

Lastly, Ecolibrium3 operates an AmeriCorps Vista program that helps organizations throughout the region build capacity towards poverty eradication. This program provides full-time community service volunteers to non-profit and governmental organizations to expand partnerships, improve services, and recruit and manage volunteers. The Eco3 Vista Corps works across the community resilience framework by enhancing housing, economic development, community health, disaster preparedness, and environmental/social justice programs and projects.

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Impact




June, 2024

Ecolibrium3 has a significant impact in the Duluth community, leading and inspiring change towards an equitable and sustainable future. Through its various initiatives, Ecolibrium3 has made a tangible difference in the lives of residents and businesses in the low-income Lincoln Park neighborhood. Notably, their flagship program, ECO3 Energy, has helped over 1000 households save money on energy costs and reduce their carbon footprints.

Moreover, Ecolibrium3's efforts extend beyond energy efficiency to community resilience, disaster recovery, and COVID-19 response. Their work in disaster management post the 2012 flooding showcased their ability to assist low-income households with energy-efficient recovery efforts. Additionally, during the COVID-19 pandemic, Ecolibrium3 played a crucial role in supporting businesses and residents through various initiatives such as food programs and PPE projects.

Furthermore, Ecolibrium3's dedication to neighborhood revitalization in Lincoln Park is evident through their focus on economic revitalization, community events, and small business support programs. Their commitment to building capacity through their AmeriCorps VISTA program also highlights their mission to reduce poverty and promote social justice in the region.

Overall, Ecolibrium3's impact is wide-ranging and substantial, touching on energy efficiency, community resilience, disaster recovery, economic revitalization, and poverty alleviation. Their innovative and integrated approach to addressing community challenges sets them apart as a leader in creating positive change in Duluth and beyond.




This information is meant to be a general summary of Ecolibrium3. 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.

Revenue
$817,331 (2022)
Expenses
$801,862 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $151,451
  • Gross Receipts: $817,331

Assets and Liabilities:

  • Total Assets: $1,277,671
  • Total Liabilities: $684,205
  • Net Assets: $593,466

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES AND EARNED INCOME

Revenue

$114,984

OTHER INCOME

Revenue

$35,367

RENTAL INCOME

Revenue

$1,100

Organization Details

Founding Year

2011

Principal Officer

Jodi Slick

Main Address

2014 W 3RD STREET, DULUTH, MN, 55806

NTEE Category

Code: C35 - Environment

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