Overview
What is Hotrock Energy Research Organization?
Hotrock Energy Research Organization is a nonprofit institution dedicated to advancing geothermal technology. They primarily engage in education and outreach, conducting research and testing, and offering feasibility studies and pilot projects. Their primary mission is to foster the development of geothermal systems, which involves continuous research and innovation in this field.
Is Hotrock Energy Research Organization legitimate?
Hotrock Energy Research Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hotrock Energy Research Organization 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: $37,903
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Hotrock Energy Research Organization?
The Hotrock Energy Research Organization's mission is centered around advancing geothermal technology. This is achieved through various activities, including providing education and outreach, conducting research and testing, and offering feasibility studies and pilot projects. The primary objective is to propel the development of geothermal systems, aiming to contribute to a more sustainable and energy-efficient future.
Who is the CEO of Hotrock Energy Research Organization?
Unavailable
What is the revenue of Hotrock Energy Research Organization?
Hotrock Energy Research Organization's revenue in 2022 was $174,286.
Who are the executives of Hotrock Energy Research Organization and what are their salaries?
The average compensation at Hotrock Energy Research Organization during 2022 was $18,952. There are 2 employees and 2 volunteers at Hotrock Energy Research Organization.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hotrock Energy Research Organization?
Hotrock Energy Research Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hotrock Energy Research Organization
Hotrock Energy Research Organization is dedicated to advancing geothermal technology. Their mission involves three key aspects: providing education and outreach, conducting research and testing, and offering feasibility studies and pilot projects. The organization's primary goal is to propel geothermal systems forward, contributing to a more sustainable and environmentally friendly energy sector. Through their educational initiatives, they aim to spread awareness and knowledge about geothermal energy. In the realm of research and testing, Hotrock Energy Research Organization strives to uncover new methods and improvements in geothermal technology. Lastly, they offer feasibility studies and pilot projects to help translate research findings into practical applications and foster the adoption of geothermal energy solutions.
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Impact
October, 2024
Hotrock Energy Research Organization significantly advances the field of geothermal technology through innovative research and development initiatives. By focusing on education and outreach, the organization ensures that stakeholders understand the potential of geothermal energy and its applications. Through rigorous research and testing, Hotrock identifies effective strategies and practices that enhance geothermal systems, making them more viable for widespread use.
Additionally, the organization's commitment to conducting feasibility studies and pilot projects enables it to provide critical insights and data, driving the adoption of geothermal energy solutions. These efforts not only contribute to the scientific community's understanding of geothermal systems but also promote sustainable energy practices that can lead to a reduction in reliance on fossil fuels. Located in Seattle, WA, Hotrock Energy Research Organization plays a key role in shaping the future of clean energy, positioning itself as a leader in the push for innovative geothermal solutions.
This information is meant to be a general summary of Hotrock Energy Research Organization. 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: $1
- Program Service Revenue: $65,907
- Gross Receipts: $174,286
Assets and Liabilities:
- Total Assets: $15,740
- Total Liabilities: $2,959
- Net Assets: $12,781
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fee for Service
Revenue
$37,189
Reimbursed Expenses
Revenue
$28,718
Organization Details
Founding Year
2015
Phone
(206) 217-5960Main Address
4010 Stone Way N, Seattle, WA, 98103
NTEE Category
Code: U40 - Science research
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