Overview
What is New York Geothermal Foundation Inc?
The New York Geothermal Foundation Inc is a small nonprofit organization headquartered in West Seneca, New York. Its primary mission is to advance the understanding and adoption of renewable energy efficient ground source heat pump systems. To achieve this, the foundation undertakes research to improve the technology, disseminates information about its benefits, and supports other organizations with similar objectives. By doing so, the New York Geothermal Foundation Inc aims to contribute to a sustainable and energy-efficient future.
Is New York Geothermal Foundation Inc legitimate?
New York Geothermal Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Geothermal Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,589
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What is the mission statement of New York Geothermal Foundation Inc?
The New York Geothermal Foundation Inc is dedicated to advancing the use of renewable energy by researching and promoting efficient ground source heat pump systems. They aim to support organizations interested in renewable energy, with the goal of spreading information and enhancing the technology's effectiveness. The foundation's mission is to contribute to a more sustainable future by fostering innovation in the renewable energy sector.
Who is the CEO of New York Geothermal Foundation Inc?
Jens U Ponikau is the Director/President of New York Geothermal Foundation Inc.
What is the revenue of New York Geothermal Foundation Inc?
New York Geothermal Foundation Inc's revenue in 2022 was $115,752.
Who are the executives of New York Geothermal Foundation Inc and what are their salaries?
The average compensation at New York Geothermal Foundation Inc during 2022 was $42,589. There is 1 employee at New York Geothermal Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New York Geothermal Foundation Inc?
New York Geothermal Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York Geothermal Foundation Inc
The New York Geothermal Foundation Inc is a nonprofit organization dedicated to researching and promoting advancements in renewable energy, specifically ground source heat pump systems. Their mission encompasses the pursuit of improvements in this area, as well as the dissemination of knowledge about these energy-efficient systems. Furthermore, they offer support to other organizations with similar interests in renewable energy. By doing so, they aim to contribute to a more sustainable future. The Foundation's activities are focused on research, information sharing, and providing assistance to other organizations in the renewable energy sector. Their ultimate goal is to foster a more efficient and environmentally friendly energy landscape.
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Impact
June, 2024
New York Geothermal Foundation Inc is dedicated to researching improvements and spreading information about renewable energy-efficient ground source heat pump systems. By supporting interested renewable energy organizations, the foundation plays a crucial role in advancing sustainable energy solutions. Their impact is felt not only in West Seneca, NY, but also in the wider environmental community as they work towards a greener future.
This information is meant to be a general summary of New York Geothermal Foundation 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.
- Gross Receipts: $115,752
Assets and Liabilities:
- Total Assets: $728,249
- Total Liabilities: $742,135
- Net Assets: -$13,886
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Organization Details
Founding Year
2017
Phone
(507) 319-7956Principal Officer
Jens U Ponikau
Main Address
2708 CLINTON STREET, WEST SENECA, NY, 14224
NTEE Category
Code: C35 - Environment
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