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Nonprofiteer
← CENTER FOR ECOTECHNOLOGY INC

Form 990 for tax year 2024

Filed by CENTER FOR ECOTECHNOLOGY INC.

Totals

Total revenue
$10,772,767
Total expenses
$12,351,525
Contributions and grants received
$2,765,237
Grants paid
$0
Program service revenue
$8,172,327
Investment income
-$180,896
Other revenue
$16,099
Total assets, end of year
$3,622,956
Total liabilities, end of year
$2,206,031
Net assets or fund balances, end of year
$1,416,925
Program services expenses (Part IX)
$10,182,609
Management and general expenses
$2,043,858
Fundraising expenses
$125,058
Program service expenses (Part III)
$10,182,609

Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $2,539,165

  • 1f · All other contributions, gifts and grants

    $226,072

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $8,172,327 · related or exempt $8,172,327

  • 3 · Investment income

    total $223,766 · excluded $223,766

  • 7a · Gross sales of assets other than inventory

    other assets $1,574,159

  • 7b · Less cost or other basis and sales expenses

    other assets $1,978,821

  • 7c · Gain or loss

    other assets -$404,662

  • 7d · Net gain or loss

    total -$404,662 · related or exempt -$404,662

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $16,099 · related or exempt $16,099

  • 11e · Other revenue, total

    $16,099

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $159,824 · management and general $159,824

  • 7 · Other salaries and wages

    total $7,533,391 · program services $5,960,422 · management and general $1,464,823 · fundraising $108,146

  • 8 · Pension plan contributions

    total $134,026 · program services $108,901 · management and general $24,848 · fundraising $277

  • 9 · Other employee benefits

    total $596,103 · program services $500,606 · management and general $94,844 · fundraising $653

  • 10 · Payroll taxes

    total $648,275 · program services $521,215 · management and general $126,234 · fundraising $826

  • 11b · Fees: legal

    total $13,649 · management and general $13,649

  • 11c · Fees: accounting

    total $44,962 · program services $21,606 · management and general $23,356

  • 11g · Fees: other

    total $1,993,059 · program services $1,992,327 · fundraising $732

  • 12 · Advertising and promotion

    total $34,500 · program services $30,073 · management and general $2,571 · fundraising $1,856

  • 13 · Office expenses

    total $30,913 · program services $28,366 · management and general $1,824 · fundraising $723

  • 14 · Information technology

    total $278,992 · program services $232,988 · management and general $39,908 · fundraising $6,096

  • 16 · Occupancy

    total $86,015 · program services $77,746 · management and general $7,618 · fundraising $651

  • 17 · Travel

    total $330,757 · program services $297,215 · management and general $32,320 · fundraising $1,222

  • 19 · Conferences, conventions and meetings

    total $18,597 · program services $17,723 · management and general $815 · fundraising $59

  • 20 · Interest

    total $61,402 · program services $53,341 · management and general $7,435 · fundraising $626

  • 22 · Depreciation, depletion and amortization

    total $175,795 · program services $150,521 · management and general $23,277 · fundraising $1,997

  • 23 · Insurance

    total $79,126 · program services $63,372 · management and general $15,030 · fundraising $724

  • 24a · Other expenses: TELEPHONE

    total $92,576 · program services $86,624 · management and general $5,482 · fundraising $470

  • 24b · Other expenses: COST OF MATERIALS USED

    total $39,563 · program services $39,563

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,400 · end of year $578,613

  • 2 · Savings and temporary cash investments

    beginning of year $272,812 · end of year $875,184

  • 4 · Accounts receivable

    beginning of year $3,163,866 · end of year $1,754,171

  • 8 · Inventories for sale or use

    beginning of year $60,437 · end of year $60,613

  • 9 · Prepaid expenses and deferred charges

    beginning of year $209,137 · end of year $154,829

  • 10a · Land, buildings and equipment: cost or other basis

    $777,155

  • 10b · Land, buildings and equipment: accumulated depreciation

    $625,818

  • 10c · Land, buildings and equipment, net

    beginning of year $2,296,165 · end of year $151,337

  • 15 · Other assets

    beginning of year $85,350 · end of year $48,209

  • 17 · Accounts payable and accrued expenses

    beginning of year $870,006 · end of year $629,072

  • 19 · Deferred revenue

    beginning of year $265,605 · end of year $903,203

  • 23 · Secured mortgages and notes payable

    beginning of year $1,733,996 · end of year $496,468

  • 25 · Other liabilities

    beginning of year $267,877 · end of year $177,288

  • 27 · Net assets without donor restrictions

    beginning of year $2,779,119 · end of year $1,363,652

  • 28 · Net assets with donor restrictions

    beginning of year $216,564 · end of year $53,273

Mission and programs · 2024

Mission

THE CENTER FOR ECOTECHNOLOGY HELPS PEOPLE AND BUSINESSES SAVE ENERGY AND REDUCE WASTE. FOR MORE THAN 40 YEARS, WEVE OFFERED PROVEN ADVICE AND RESOURCES TO SAVE YOU MONEY, MAKE YOU MORE COMFORTABLE AT HOME, AND HELP YOUR BUSINESS PERFORM BETTER.WORKING WITH PARTNERS THROUGHOUT THE REGION, WERE HELPING TRANSFORM THE WAY WE LIVE AND WORK FOR A BETTER COMMUNITY, ECONOMY, AND ENVIRONMENT NOW AND FOR THE FUTURE. WE PROVIDE PRACTICAL SOLUTIONS THAT SAVE ENERGY, MATERIALS AND MONEY AND HAVE A POSITIVE IMPACT ON OUR ENVIRONMENT AND COMMUNITY. WE SERVE RESIDENTS, BUSINESS AND COMMUNITIES IN THE AREAS OF ENERGY EFFICIENCY AND WASTE REDUCTION.

  • COMMERCIAL - CET PARTNERS WITH GOVERNMENT, INDUSTRY AND FOUNDATIONS TO PROVIDE OUTREACH, EDUCATION AND TECHNICAL ASSISTANCE TO BUSINESSES, INSTITUTIONS AND FARMS TO HELP THEM SAVE ENERGY, REDUCE WASTE AND IMPROVE ENVIRONMENTAL PERFORMANCE. SERVICES INCLUDE INNOVATIVE PILOT AND PRODUCTION SCALE WORK IN WASTED FOOD RECOVERY, ENERGY EFFICIENCY, RENEWABLE ENERGY, WASTE REDUCTION AND RECYCLING. CET ALSO PROVIDES ENERGY EFFICIENCY SERVICES TO EXISTING MULTIFAMILY HOMES FOR CUSTOMERS OF UTILITY COMPANIES. THESE SERVICES INCLUDED ENERGY AUDITS WITH INSTALLATION OF ENERGY EFFICIENT LIGHTING AND OTHER SAVINGS MEASURES AS WELL AS RECOMMENDING, ARRANGING AND INSPECTING CONTRACTED INSULATION AND AIR SEALING WORK TO SAVE ADDITIONAL ENERGY.

    Expenses $5,702,704

  • RESIDENTIAL - CET PARTNERS WITH GOVERNMENT, INDUSTRY AND FOUNDATIONS TO PERFORM INNOVATIVE PILOT PROGRAMS TO HELP INCREASE ENERGY SAVINGS IN HOMES, PARTICIPATION IN THESE PRACTICES, AND THE HEALTH AND ECONOMIC BENEFITS TO PARTICIPANTS. CET ALSO PROVIDES ENERGY EFFICIENCY SERVICES TO EXISTING SINGLE FAMILY HOMES FOR CUSTOMERS OF UTILITY COMPANIES. THESE SERVICES INCLUDE ENERGY AUDITS WITH INSTALLATION OF ENERGY EFFICIENT LIGHTING AND OTHER SAVINGS EASURES AS WELL AS RECOMMENDING, ARRANGING AND INSPECTING CONTRACTED INSULATION AND AIR SEALING WORK TO SAVE DDITIONAL ENERGY. CET ALSO PROVIDES TECHNICAL ASSISTANCE TO BUILDERS AND HOMEOWNERS TO IMPROVE THE ENVIRONMENTAL PERFORMANCE OF NEW HOMES. SERVICES INCLUDE PLAN REVIEW, RECOMMENDATIONS, INSPECTION AND VERIFICATION, AND ASSISTANCE WITH PARTICIPATION IN INCENTIVE AND RATING PROGRAMS (ENERGY STAR, LEED FOR HOMES) AND CODE COMPLIANCE.

    Expenses $4,237,240

  • RETAIL - CET OPERATED ECOBUILDING BARGAINS, A USED BUILDING MATERIALS STORE THAT ACCEPTED DONATIONS OF USED AND SURPLUS DOORS, WINDOWS, CABINETS, AND PLUMBING AND ELECTRICAL FIXTURES TO SAVE THEM FROM DISPOSAL AND SELLS THEM AT LOW COST TO HELP OTHERS FIX UP THEIR HOMES. RETAIL OPERATIONS CEASED DURING FISCAL YEAR 2024 AND THE BUILDING WAS SOLD DURING 2025.

    Expenses $242,665

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • JANET WARREN

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • NANCY NYLEN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1
  • NATHANIEL TASSINARI

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • JENNIFER MARRAPESE

    CLERK

    Total calculated
    $0
    Hours/week
    1
  • HEATHER MERHI-MATTHEWS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • BHARGAVI CHEVVA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DAVID WERBEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • DIANA VASQUEZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ROSHEEN KAVANAGH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • VIRGINIA LECLAIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • CARL CHEREBIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • KRISTA ST GEORGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • ASHLEY MUSPRATT

    PRESIDENT & CEO

    Total calculated
    $162,887
    From this org
    $145,912
    From related orgs
    $0
    Other
    $16,975
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,912
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $16,975
    Filer's total
    $162,887
  • LORENZO MACALUSO

    CHIEF GROWTH OFFICER

    Total calculated
    $149,312
    From this org
    $132,582
    From related orgs
    $0
    Other
    $16,730
    Hours/week
    40
  • REGINALD ELEAZER

    DIRECTOR OF PMO

    Total calculated
    $135,787
    From this org
    $121,447
    From related orgs
    $0
    Other
    $14,340
    Hours/week
    40
  • LISA KOHLER

    DIRECTOR OF TECHNICAL SERVICES

    Total calculated
    $137,883
    From this org
    $121,596
    From related orgs
    $0
    Other
    $16,287
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202642579349300714

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