Net-Negative Co2 Baseload Power Inc

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

EIN: 871113075 ✦ West richland, WA ✦ Designated as a 501(c)(6)

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Overview

What is Net-Negative Co2 Baseload Power Inc?

Net-Negative Co2 Baseload Power Inc is a nonprofit organization based in West Richland, Washington, dedicated to addressing climate change by advocating for technology-based solutions. Their primary focus involves educating industry, regulators, and policymakers on the potential of coal/biomass electricity generation with carbon capture and storage to contribute to both climate change mitigation and grid reliability. By advancing these technologies, they aim to create benefits that extend beyond specific individuals or companies, contributing broadly to society and industry as a whole.

Is Net-Negative Co2 Baseload Power Inc legitimate?

Net-Negative Co2 Baseload Power Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Net-Negative Co2 Baseload Power 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: $161,750
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Net-Negative Co2 Baseload Power Inc?

Net-Negative Co2 Baseload Power Inc is dedicated to advancing technology-based solutions aimed at mitigating climate change. Their mission is to create benefits that extend beyond specific individuals or companies, focusing instead on society and industry as a whole. They strive to educate various stakeholders, including industry professionals, regulators, and policymakers, on the potential of carbon capture and storage in coal/biomass electricity generation as a means to address climate change and grid reliability challenges.

Who is the CEO of Net-Negative Co2 Baseload Power Inc?

Steven Eric Winberg is the Principal Officer of Net-Negative Co2 Baseload Power Inc. The CEO's salary of Net-Negative Co2 Baseload Power Inc is $80,875 and their total compensation is $80,875.

What is the revenue of Net-Negative Co2 Baseload Power Inc?

Net-Negative Co2 Baseload Power Inc's revenue in 2022 was $310,000.

Who are the executives of Net-Negative Co2 Baseload Power Inc and what are their salaries?


Here are 2 key members and their salaries (Net-Negative Co2 Baseload Power Inc's CEO's salary is $80,875 and their total compensation is $80,875):


Steven E Winberg (Director, Ceo And President)
  • Compensation: $80,875
  • Related: $0
  • Other: $0
Kenneth K Humphreys (Cfo, Secretary And Treasurer)
  • Compensation: $80,875
  • Related: $0
  • Other: $0
Where can I find the form 990 for Net-Negative Co2 Baseload Power Inc?

Net-Negative Co2 Baseload Power Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Net-Negative Co2 Baseload Power Inc

Net-Negative Co2 Baseload Power Inc, a pioneering organization, is dedicated to advancing technology-based solutions aimed at mitigating climate change. Their mission is geared towards broad societal and industrial benefits, rather than focusing on the needs of specific individuals or companies. Specifically, this forward-thinking entity works to educate various stakeholders, including industry professionals, regulators, and policymakers, on the potential of coal and biomass electricity generation with carbon capture and storage technology. This innovative approach is seen as a valuable tool in addressing both climate change challenges and grid reliability issues.

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Impact




June, 2024

Net-Negative Co2 Baseload Power Inc's impact lies in advancing technology-based solutions to address climate change. By educating industry, regulators, and policymakers on the potential of coal/biomass electricity generation with carbon capture & storage, this organization is contributing to the fight against climate change and enhancing grid reliability. Their efforts benefit society and industry as a whole, rather than focusing on specific individuals or companies, ultimately aiming to make a positive impact on the environment.




This information is meant to be a general summary of Net-Negative Co2 Baseload Power 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.

Revenue
$310,000 (2022)
Expenses
$260,962 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $310,000

Assets and Liabilities:

  • Total Assets: $108,284
  • Total Liabilities: $18,750
  • Net Assets: $89,534

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Organization Details

Founding Year

2021

Principal Officer

Steven Eric Winberg

Main Address

1075 Grosscup Blvd, West Richland, WA, 99353

NTEE Category

Code: C35 - Environment

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