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Nonprofiteer
← GEOTHERMAL RESOURCES COUNCIL

Form 990 for tax year 2022

Filed by GEOTHERMAL RESOURCES COUNCIL.

Totals

Total revenue
$1,096,292
Total expenses
$864,372
Contributions and grants received
$20,655
Grants paid
$13,500
Program service revenue
$1,063,428
Investment income
$12,209
Other revenue
$0
Total assets, end of year
$2,176,009
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$2,176,009
Program services expenses (Part IX)
$624,215
Management and general expenses
$240,157
Fundraising expenses
$0
Program service expenses (Part III)
$624,215

Program services were 72.2% 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.

  • 1f · All other contributions, gifts and grants

    $20,655

  • 2a · Program service revenue: ANNUAL MEETING

    total $968,557 · related or exempt $783,381 · unrelated business $5,521 · excluded $179,655

  • 2b · Program service revenue: MEMBERSHIP DUES

    total $93,271 · related or exempt $93,271

  • 2c · Program service revenue: ADVERTISING

    total $1,600 · unrelated business $1,600

  • 3 · Investment income

    total $12,209 · excluded $12,209

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $11,750 · program services $11,750

  • 3 · Grants to foreign organizations and individuals

    total $1,750 · program services $1,750

  • 7 · Other salaries and wages

    total $34,078 · program services $25,559 · management and general $8,519

  • 9 · Other employee benefits

    total $9,387 · program services $7,040 · management and general $2,347

  • 10 · Payroll taxes

    total $2,607 · program services $1,955 · management and general $652

  • 11a · Fees: management

    total $141,015 · program services $70,508 · management and general $70,507

  • 11g · Fees: other

    total $14,503 · management and general $14,503

  • 12 · Advertising and promotion

    total $102,888 · management and general $102,888

  • 14 · Information technology

    total $6,558 · management and general $6,558

  • 17 · Travel

    total $9,390 · program services $9,390

  • 19 · Conferences, conventions and meetings

    total $401,145 · program services $401,145

  • 22 · Depreciation, depletion and amortization

    total $3,155 · management and general $3,155

  • 23 · Insurance

    total $2,596 · program services $1,817 · management and general $779

  • 24a · Other expenses: MISCELLANEOUS

    total $57,731 · program services $42,907 · management and general $14,824

  • 24b · Other expenses: BANK AND CREDIT CARD FE

    total $50,394 · program services $50,394

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $8,062 · management and general $8,062

  • 24d · Other expenses: EQUIPMENT MAINTENANCE A

    total $7,363 · management and general $7,363

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $737,471 · end of year $960,336

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

    $19,396

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

    $12,791

  • 10c · Land, buildings and equipment, net

    beginning of year $9,759 · end of year $6,605

  • 11 · Investments: publicly traded securities

    beginning of year $1,202,137 · end of year $1,209,068

  • 27 · Net assets without donor restrictions

    beginning of year $1,399,080 · end of year $1,538,467

  • 28 · Net assets with donor restrictions

    beginning of year $550,287 · end of year $637,542

Mission and programs · 2022

Mission

TO CONNECT THE GEOTHERMAL COMMUNITY AND CHAMPION GEOTHERMAL ENERGY IN THE UNITED STATES AND AROUND THE WORLD.

  • ANNUAL MEETING - PROVIDES AN INTERNATIONAL FORUM WHERE MEMBERS, PARTICIPANTS AND GUESTS LEARN ABOUT THE LATEST ADVANCES IN GEOTHERMAL TECHNOLOGIES THROUGH TECHNICAL AND POSTER SESSIONS.

    Expenses $583,995 · Revenue $968,557

  • EDUCATIONAL COURSES,CONTRACTS AND PUBLICATIONS - VARIOUS COURSES AND PROJECTS PERTAINING TO GEOTHERMAL ENERGY, INCLUDING A GEOTHERMAL VIDEO, ON-LINE LIBRARY, INT'L EDUCATION AND VARIOUS EDUCATIONAL WORKSHOPS.

    Expenses $40,220 · Grants $13,500 · Revenue $94,871

As filed on the 2022 return.

Listed in Part VII

  • Kelly Blake

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Jericho Reyes

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    0
  • Jay Egg

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Mark Gran

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Nick Goodman

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Sarah Jewett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Elisabeth De Jong

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Nicole Lautze

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Laure Mora

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Rita Okoroafor

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Kennie Tsui

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Jaclyn Urbank

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0
  • Jeanine Vany

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
26 October 2023
IRS schema version
2022v5.0
Source object
202332999349301718

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