Civic Intelligence

Southeastern Wind Coalition Inc

EIN 45-5022829 • 501(c)3 • Chapel Hill, NC

Profile

To advance the wind industry in ways that result in net economic benefits to industry, utilities, ratepayers, and citizens of the Southeast.

PO Box 2194Chapel Hill, NC 27515

sewind.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

62nd percentile

0.15x

Higher debt load relative to assets than 62% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

69th percentile

0.23x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

80th percentile

22%

Faster asset growth than 80% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

7.4%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$1,625,210

Up $494,573 (+44%) from 2023

Liabilities

Up

$239,177

Up $207,550 (+656%) from 2023

Net Assets

Up

$1,386,033

Up $287,023 (+26%) from 2023

Operations
Liabilities / Revenue69th percentileNet Margin79th percentile

Revenue

Up

$1,022,000

Up $329,741 (+48%) from 2023

Expenses

Up

$734,762

Up $64,113 (+9.6%) from 2023

Net Income

Up

$287,238

Up $265,628 (+1229%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth80th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $48,255Liabilities 2012: $1,5552012Assets 2013: $30,658Liabilities 2013: $3,046Net Assets 2013: $27,6122013Assets 2014: $96,920Liabilities 2014: $5,312Net Assets 2014: $91,6082014Assets 2015: $175,901Liabilities 2015: $7,254Net Assets 2015: $168,6472015Assets 2016: $299,961Liabilities 2016: $553Net Assets 2016: $299,4082016Assets 2017: $380,579Liabilities 2017: $925Net Assets 2017: $379,6542017Assets 2018: $436,298Liabilities 2018: $953Net Assets 2018: $435,3452018Assets 2019: $461,959Liabilities 2019: $4,810Net Assets 2019: $457,1492019Assets 2020: $539,484Liabilities 2020: $1,277Net Assets 2020: $538,2072020Assets 2021: $649,305Liabilities 2021: $7,056Net Assets 2021: $642,2492021Assets 2022: $1,093,424Liabilities 2022: $16,714Net Assets 2022: $1,076,7102022Assets 2023: $1,130,637Liabilities 2023: $31,627Net Assets 2023: $1,099,0102023Assets 2024: $1,625,210Liabilities 2024: $239,177Net Assets 2024: $1,386,0332024

Highlighted filing

2024

Assets$1,625,210
Liabilities$239,177
Net Assets$1,386,033
Open 2024 Filing

Operations Trend

Revenue Growth50th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $147,445Expenses 2012: $100,745Net Income 2012: $46,7002012Revenue 2013: $195,326Expenses 2013: $214,414Net Income 2013: -$19,0882013Revenue 2014: $297,965Expenses 2014: $233,969Net Income 2014: $63,9962014Revenue 2015: $381,849Expenses 2015: $304,810Net Income 2015: $77,0392015Revenue 2016: $368,475Expenses 2016: $237,714Net Income 2016: $130,7612016Revenue 2017: $358,099Expenses 2017: $277,853Net Income 2017: $80,2462017Revenue 2018: $380,183Expenses 2018: $323,992Net Income 2018: $56,1912018Revenue 2019: $290,025Expenses 2019: $268,221Net Income 2019: $21,8042019Revenue 2020: $367,289Expenses 2020: $286,231Net Income 2020: $81,0582020Revenue 2021: $438,690Expenses 2021: $334,648Net Income 2021: $104,0422021Revenue 2022: $886,500Expenses 2022: $447,039Net Income 2022: $439,4612022Revenue 2023: $692,259Expenses 2023: $670,649Net Income 2023: $21,6102023Revenue 2024: $1,022,000Expenses 2024: $734,762Net Income 2024: $287,2382024

Highlighted filing

2024

Revenue$1,022,000
Expenses$734,762
Net Income$287,238
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,625,210
Liabilities
$239,177
Net assets
$1,386,033
Revenue
$1,022,000
Expenses
$734,762
Net income
$287,238
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.63$0.24$1.39$1.02$0.73$0.29
2023Detailed filing. Detailed filing data is available for this year.$1.13$0.03$1.10$0.69$0.67$0.02
2022Detailed filing. Detailed filing data is available for this year.$1.09$0.02$1.08$0.89$0.45$0.44
2021Detailed filing. Detailed filing data is available for this year.$0.65$0.01$0.64$0.44$0.33$0.10
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.37$0.29$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.29$0.27$0.02
2018Detailed filing. Detailed filing data is available for this year.$0.44$0.00$0.44$0.38$0.32$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.38$0.00$0.38$0.36$0.28$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.37$0.24$0.13
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.01$0.17$0.38$0.30$0.08
2014Summary only. Only limited summary data is available for this year.$0.10$0.01$0.09$0.30$0.23$0.06
2013Detailed filing. Detailed filing data is available for this year.$0.03$0.00$0.03$0.20$0.21$0.02
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$0.15$0.10$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 24, 2025
Return Version
2024v5.2
Gross Receipts
$1,022,000
Mission and Program Overview

Mission

To advance the coastal and offshore wind industry in ways that result in net economic benefits to industry, utilities, ratepayers, and citizens of the Southeast.

To advance the wind industry in ways that result in net economic benefits to industry, utilities, ratepayers, and citizens of the Southeast.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$106,950$306,143▲ $199,193
Cash and Non-Interest-Bearing Accounts$85,995$107,717▲ $21,722
Prepaid Expenses and Deferred Charges$431$0▼ $431
Savings and Temporary Cash Investments$29,135$136▼ $28,999
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,130,637$1,625,210▲ $494,573
Other Assets Total$908,126$1,211,214▲ $303,088
Liabilities
Deferred Revenue$20,000$234,750▲ $214,750
Accounts Payable and Accrued Expenses$11,627$4,427▼ $7,200
Total Liabilities$31,627$239,177▲ $207,550
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$871,543$1,117,033▲ $245,490
Net Assets With Donor Restrictions$227,467$269,000▲ $41,533
Total Net Assets Fund Balance$1,099,010$1,386,033▲ $287,023
Total Liabilities and Net Assets / Fund Balance$1,130,637$1,625,210▲ $494,573
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Katharine KollinsPresidentFT$150,352$14,126$164,478

Board Members and Trustees

NameTitle
Brian O'HaraDirector
Chad ComeaultDirector
Cliff MensahDirector
Dave BeloteDirector
Erica HollowayDirector
Frank FisherDirector
Jennifer BanksDirector
John LarsonDirector
Kate McKeeverDirector
Katherine RossDirector
Laura SennDirector
Lisa Bianchi-FossatiDirector
Lori CollinsDirector
Mark McIntireDirector
Mike ConnDirector
Montravias KingDirector
Olu AjalaDirector
Paul QuinlanDirector
Scott CoenenDirector
Shafin KhanDirector
Tamah MorantDirector
Wade GiltzDirector
Wes DavisDirector
Weston AdamsDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$846,750
Program Service Revenue
$121,000
Investment Income
$53,303
Other Revenue
$947
All Other Contributions
$672,500
Change in Net Assets
$287,238
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$641,172
Other Expenses$93,590
Total Fundraising Expense$9,701
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$375,514$15,811$3,953$395,278
Current Officers, Directors, Trustees, and Key Employees$148,030$11,514$4,934$164,478
Payroll Taxes$42,693$1,798$449$44,940
Travel$24,074--$24,074
Pension Plan Contributions$20,349$857$214$21,420
Other Employee Benefits$14,303$602$151$15,056
Advertising$13,636--$13,636
Fees for Services Other$1,608$9,191-$10,799
Fees for Services Accounting-$7,080-$7,080
Office Expenses$4,265$2,297-$6,562
Conferences and Meetings-$5,134-$5,134
Other Expenses$2,122$1,143-$3,265
Insurance$1,793--$1,793
All Other Expenses$490$409-$899
Total Functional Expenses$661,725$63,336$9,701$734,762
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Full and associate board members elect two representatives to the board every 2 years”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 will be emailed to the board for their review.”

Form 990, Part VI, Section C, Line 18

“Available upon request”

Form 990, Part VI, Section C, Line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
Southeastern Wind Coalition Inc
EIN
45-5022829
Phone
3035649687
Address
PO Box 2194, Chapel Hill, NC 27515

Signing Officer

Name
Katharine Kollins
Title
President
Signed
2025-07-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Katharine Kollins
Formed
2012
Legal Domicile
Nc
Voting Board Members
24
Independent Board Members
24
Employees
9
Volunteers
25

Preparer

Firm
Foard and Company PA
Address
1347 Harding Place, Charlotte, NC 28204
Preparer
Terry W Lancaster
Phone
7043721515
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