Overview
What is Vineyard Power Development Fund Inc?
Vineyard Power Development Fund Inc is a nonprofit organization committed to assisting Martha's Vineyard in reaching its renewable energy objectives. They accomplish this through their Energy Transition Program and offshore wind projects. This nonprofit's mission is to contribute to a more sustainable and environmentally friendly future for the community, promoting the use of clean energy sources.
Official website here: www.vineyardpower.com
Is Vineyard Power Development Fund Inc legitimate?
Vineyard Power Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vineyard Power Development Fund Inc submitted a form 990EZ, 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: $142,658
Professional Fundraising Fees: $0
Other Salaries and Wages: $201,178
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Official website here: www.vineyardpower.com
What is the mission statement of Vineyard Power Development Fund Inc?
Vineyard Power Development Fund Inc, as a nonprofit organization, is committed to assisting in achieving renewable energy objectives on Martha's Vineyard. This is primarily done through the Energy Transition Program and offshore wind projects. The mission of Vineyard Power Development Fund Inc is to contribute to a sustainable energy future for the community, promoting the use of renewable resources to reduce reliance on fossil fuels. By participating in these initiatives, the organization aims to contribute to a greener and more environmentally friendly energy landscape.
Official website here: www.vineyardpower.com
What is the revenue of Vineyard Power Development Fund Inc?
Vineyard Power Development Fund Inc's revenue in 2023 was $837,821.
Official website here: www.vineyardpower.com
Who are the executives of Vineyard Power Development Fund Inc and what are their salaries?
The average compensation at Vineyard Power Development Fund Inc during 2023 was $42,980. There are 8 employees and 5 volunteers at Vineyard Power Development Fund Inc.
Here are 6 key members and their salaries:
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- Compensation: $131,106
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- Other: $11,552
Official website here: www.vineyardpower.com
Where can I find the form 990 for Vineyard Power Development Fund Inc?
Vineyard Power Development Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vineyardpower.com
Learn more at the official website: www.vineyardpower.com
Mission Statement of Vineyard Power Development Fund Inc
Vineyard Power Development Fund Inc, a nonprofit organization, is committed to assisting Martha's Vineyard in achieving its renewable energy objectives. They accomplish this mission primarily through two initiatives: the Energy Transition Program and offshore wind projects. The Energy Transition Program is one of their key strategies, aimed at facilitating the transition of the island towards more sustainable energy sources. Offshore wind projects, another critical component of their mission, contribute significantly to the island's renewable energy goals. By engaging in these initiatives, Vineyard Power Development Fund Inc plays a crucial role in promoting sustainable energy use and reducing reliance on non-renewable resources on Martha's Vineyard.
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Impact
August, 2024
Vineyard Power Development Fund Inc has significantly impacted Martha's Vineyard by playing a vital role in enabling the community to achieve its renewable energy goals. Through its Energy Transition Program and involvement in offshore wind projects, Vineyard Power Development Fund Inc has been instrumental in fostering sustainable energy practices on the island. This has not only helped in reducing the carbon footprint but has also contributed to the overall environmental health and long-term sustainability of the region.
This information is meant to be a general summary of Vineyard Power Development Fund 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 2023.
- Investment Income: $922
- Program Service Revenue: $456,106
- Gross Receipts: $837,821
Assets and Liabilities:
- Total Assets: $104,358
- Total Liabilities: $138,321
- Net Assets: -$33,963
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Services
Revenue
$456,106
Organization Details
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