Overview
What is Sustainable Energy For Galena Alaska Inc?
Sustainable Energy for Galena Alaska Inc, known as SEGA, is a nonprofit organization based in Galena, Alaska. With a workforce of 23 dedicated individuals, SEGA is committed to providing woody biomass fuel for the district heating system of the city of Galena. By doing so, they aim to support the city's energy needs in a sustainable manner. While their primary focus is on fuel provision, it's worth noting that SEGA's efforts contribute to the overall sustainability and energy independence of the community they serve.
Official website here: www.sustainablegalena.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sustainable Energy For Galena Alaska Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing attention. The organization scored 69% overall, reflecting solid financial management as evidenced by a high program expense ratio of 90.10%. This suggests that a significant portion of resources is directed toward their mission, which is commendable.
However, the nonprofit has some weaknesses in governance practices, with missing policies for conflict of interest, whistleblowing, and document retention. These gaps in governance can raise concerns about transparency and accountability within the organization, which may deter potential donors or supporters.
On a positive note, the organization boasts a fully independent board and has effectively managed its assets with no material diversions. Despite the governance shortcomings, the strong financial indicators and commitment to program expenses highlight a focus on impact, but addressing the identified governance issues would enhance their overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Sustainable Energy For Galena Alaska Inc legitimate?
Sustainable Energy For Galena Alaska Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sustainable Energy For Galena Alaska 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: $120,113
Professional Fundraising Fees: $0
Other Salaries and Wages: $413,138
For more financial information, click here
Official website here: www.sustainablegalena.org
What is the mission statement of Sustainable Energy For Galena Alaska Inc?
The mission of Sustainable Energy for Galena Alaska Inc is centered around providing woody biomass fuel for a district heating system. This organization aims to ensure a sustainable and efficient energy source for a city, contributing to its overall heating needs. By doing so, it promotes energy conservation and environmental responsibility.
Official website here: www.sustainablegalena.org
Who is the CEO of Sustainable Energy For Galena Alaska Inc?
Phil Koontz is the General Mana of Sustainable Energy For Galena Alaska Inc.
Official website here: www.sustainablegalena.org
What is the revenue of Sustainable Energy For Galena Alaska Inc?
Sustainable Energy For Galena Alaska Inc's revenue in 2022 was $1,328,199.
Official website here: www.sustainablegalena.org
Who are the executives of Sustainable Energy For Galena Alaska Inc and what are their salaries?
The average compensation at Sustainable Energy For Galena Alaska Inc during 2022 was $23,185. There are 23 employees and 5 volunteers at Sustainable Energy For Galena Alaska Inc.
Here are 6 key members and their salaries:
- Compensation: $120,113
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sustainablegalena.org
Where can I find the form 990 for Sustainable Energy For Galena Alaska Inc?
Sustainable Energy For Galena Alaska Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sustainablegalena.org
Learn more at the official website: www.sustainablegalena.org
Mission Statement of Sustainable Energy For Galena Alaska Inc
Sustainable Energy For Galena Alaska Inc, a nonprofit organization, is dedicated to providing woody biomass fuel for the district heating system of a city. By doing so, they aim to ensure a sustainable and eco-friendly energy source for the community. Through their efforts, they contribute to the city's heating system, supplying it with the necessary fuel to maintain a comfortable environment for its residents. The organization's mission is to provide a renewable energy solution, promoting energy efficiency and reducing carbon emissions.
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Impact
June, 2024
Sustainable Energy For Galena Alaska Inc's impact is primarily focused on providing woody biomass fuel for the city of Galena's district heating system. This initiative directly contributes to reducing the city's dependence on fossil fuels and transitioning towards a more sustainable and environmentally friendly energy source. By offering an alternative to traditional heating methods, the organization is helping to decrease greenhouse gas emissions and promote environmental conservation in the region. This effort aligns with their mission of providing woody biomass fuel for Galena's district heating system and reflects their commitment to fostering a greener, more sustainable community.
This information is meant to be a general summary of Sustainable Energy For Galena Alaska 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: $66
- Program Service Revenue: $833,620
- Gross Receipts: $1,328,199
Assets and Liabilities:
- Total Assets: $260,781
- Total Liabilities: $13,645
- Net Assets: $247,136
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY PROJECTS
Revenue
$833,620
Organization Details
Founding Year
2014
Phone
(907) 656-7024Principal Officer
Phil Koontz
Main Address
PO BOX 253, GALENA, AK, 99741
Website
www.sustainablegalena.orgNTEE Category
Code: C35 - Environment
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