Build Solar Inc

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

EIN: 883107207 ✦ Cary, IL ✦ Designated as a 501(c)(3)

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Overview

What is Build Solar Inc?

Build Solar Inc is a dedicated nonprofit organization with a unique mission: constructing solar-powered homes. Specifically, they have pledged to build a solar-powered house in Illinois, with an estimated completion cost of $335,000. Upon completion, this home will be donated to Habitat for Humanity, an organization known for providing affordable housing solutions. In essence, Build Solar Inc is a philanthropic entity that combines sustainable energy solutions with charitable work, aiming to improve living conditions for those in need.

Is Build Solar Inc legitimate?

Build Solar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Build Solar 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Build Solar Inc?

Build Solar Inc is dedicated to constructing a solar-powered home, with the ultimate goal of donating it to Habitat for Humanity. The project, expected to cost around $335,000, involves building a solar-powered house in an unspecified location and donating the completed property to the organization. This endeavor signifies their commitment to sustainable housing solutions and supporting communities in need.

What is the revenue of Build Solar Inc?

Build Solar Inc's revenue in 2023 was $273,301.

Who are the executives of Build Solar Inc and what are their salaries?

There 3 volunteers at Build Solar Inc.

Here are 3 key members and their salaries:


Halie J Collins (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henil Patel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Carroll (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Build Solar Inc?

Build Solar Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Build Solar Inc

Build Solar Inc, a dedicated organization, has pledged to construct a solar-powered home with a projected total cost of $335,000. This home, upon completion, will be donated to Habitat for Humanity. The mission of Build Solar Inc revolves around building a fully solar-powered house in an undisclosed location and generously donating it to Habitat for Humanity, a renowned organization that works towards providing affordable housing solutions. This philanthropic endeavor demonstrates Build Solar Inc's commitment to sustainable living and its desire to make a tangible difference in people's lives.

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Impact




June, 2024

Build Solar Inc's impact lies in their commitment to constructing a fully solar-powered home in Illinois, which will be donated to Habitat for Humanity upon completion. This project represents a significant contribution to sustainable housing solutions and the promotion of renewable energy usage. The total cost of the house is estimated to be $335,000, showcasing Build Solar Inc's dedication to creating environmentally friendly and affordable housing options. By donating this solar home, they are not only benefiting the recipient family but also promoting awareness and adoption of solar energy within the community.




This information is meant to be a general summary of Build Solar 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
$273,301 (2023)
Expenses
$399,822 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $273,301

Assets and Liabilities:

  • Total Assets: $58,915
  • Total Liabilities: $0
  • Net Assets: $58,915

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Organization Details

Principal Officer

Halie J Collins

NTEE Category

Code: C11 - Environment

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