Civic Intelligence

MID-Hudson Energy Transition Inc

EIN 87-2100911 • 501(c)3 • Kingston, NY

Profile

Our mission is to empower municipalities, residents, and businesses to own and share renewable energy, create healthier buildings, and join in community wealth-building to strengthen the resilience of the hudson valley in the face of climate change.

190 Fair Street Unit 1Kingston, NY 12401

www.mid-hudson.energy

Siviq Scores

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

Liabilities / Assets

76th percentile

0.34x

Higher debt load relative to assets than 76% of similar nonprofits.

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

Liabilities / Revenue

73rd percentile

0.30x

Higher debt load relative to revenue than 73% of similar nonprofits.

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

Net Margin

84th percentile

36%

Higher net margin than 84% 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

42nd percentile

1.2%

Faster asset growth than 42% of similar nonprofits.

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

Revenue Growth

49th percentile

6.8%

Faster revenue growth than 49% of similar nonprofits.

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

Assets

Up

$1,557,360

Up $621,903 (+66%) from 2023

Liabilities

Down

$532,334

Down $25,901 (-4.6%) from 2023

Net Assets

Up

$1,025,026

Up $647,804 (+172%) from 2023

Revenue

Up

$1,776,416

Up $970,564 (+120%) from 2023

Expenses

Up

$1,128,612

Up $475,387 (+73%) from 2023

Net Income

Up

$647,804

Up $495,177 (+324%) from 2023

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2022: $1,519,241Liabilities 2022: $54,646Net Assets 2022: $1,464,5952022Assets 2023: $935,457Liabilities 2023: $558,235Net Assets 2023: $377,2222023Assets 2024: $1,557,360Liabilities 2024: $532,334Net Assets 2024: $1,025,0262024

Highlighted filing

2024

Assets$1,557,360
Liabilities$532,334
Net Assets$1,025,026

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0Revenue 2022: $1,558,118Expenses 2022: $94,379Net Income 2022: $1,463,7392022Revenue 2023: $805,852Expenses 2023: $653,225Net Income 2023: $152,6272023Revenue 2024: $1,776,416Expenses 2024: $1,128,612Net Income 2024: $647,8042024

Highlighted filing

2024

Revenue$1,776,416
Expenses$1,128,612
Net Income$647,804

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.2
Gross Receipts
$1,776,416
Mission and Program Overview

Mission

Our mission is to empower municipalities, residents, and businesses to own and share renewable energy, create healthier buildings, and join in community wealth-building to strengthen the resilience of the hudson valley in the face of climate change.

Our mission is to empower municipalities, residents, and businesses (continued on schedule o) to own and share renewable energy, create healthier buildings, and join in community wealth-building to strengthen the resilence of the hudson valley in the face of climate change.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$865,568$785,987▼ $79,581
Savings and Temporary Cash Investments-$750,000-
Pledges and Grants Receivable$50,000$12,250▼ $37,750
Prepaid Expenses and Deferred Charges$655$7,373▲ $6,718
Total Assets$935,457$1,557,360▲ $621,903
Other Assets Total$19,234$1,750▼ $17,484
Liabilities
Deferred Revenue$520,000$452,490▼ $67,510
Accounts Payable and Accrued Expenses$20,401$47,844▲ $27,443
Mortgage Notes Payable Secured by Investment Property-$32,000-
Other Liabilities$17,834$0▼ $17,834
Total Liabilities$558,235$532,334▼ $25,901
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$377,222$1,010,026▲ $632,804
Net Assets With Donor Restrictions-$15,000-
Total Net Assets Fund Balance$377,222$1,025,026▲ $647,804
Total Liabilities and Net Assets / Fund Balance$935,457$1,557,360▲ $621,903
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jasmine GrahamMemberFT$160,000$36,403$196,403

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,581,770
Program Service Revenue
$120,417
Investment Income
$71,524
Other Revenue
$2,705
All Other Contributions
$1,486,078
Change in Net Assets
$647,804

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,776,416
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$266,167
Total Revenue per Audited Statements
$2,042,583
Total Revenue per Form 990
$1,776,416
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$841,501
Other Expenses$287,111
Total Fundraising Expense$87,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$378,179$106,528$47,939$532,646
Current Officers, Directors, Trustees, and Key Employees$138,026$38,881$17,496$194,403
Fees for Services Other$103,691$8,627-$112,318
Payroll Taxes$42,187$11,884$5,347$59,418
Other Employee Benefits$39,074$11,007$4,953$55,034
Information Technology-$32,329-$32,329
Fees for Services Accounting$27,632$2,299-$29,931
Office Expenses$11,422$14,059$4,326$29,807
Other Expenses$4,928$19,711-$24,639
Occupancy$7,238$7,238$7,238$21,714
Travel$15,238--$15,238
Insurance-$11,831-$11,831
Advertising$7,744--$7,744
Fees for Services Legal$1,440$120-$1,560
Total Functional Expenses$776,799$264,514$87,299$1,128,612

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,394,779
Expenses per Audited Statements$1,128,612
Total Expenses per Form 990$1,128,612
Expenses Not Reported on Form 990$266,167
Expenses Not Reported on Financial Statements$0
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 B, Line 11B

The form 990 is provided to the board for review prior to finalizing.

Form 990, Part VI, Section B, Line 12C

The board will review potential conflicts of interest as they arise during board meetings. Any potential conflicts of interest will be discussed, appropriately disclosed and inviduals with such conflicts will exempt themselves from voting or approving matters for which the conflict exists.

Form 990, Part VI, Section B, Line 15A

The board will review compensation in comparison to the local market conditions and approve compensation for its officers and key employees.

Form 990, Part VI, Section C, Line 18

The organization will provide such documents upon request.

Form 990, Part VI, Section C, Line 19

The organization will provide such documents upon request.

Filing and Contact Details

Filer

Filer Name
Mid-hudson Energy Transition Inc
EIN
87-2100911
Phone
8453831050
Address
190 FAIR STREET UNIT 1, KINGSTON, NY 12401

Signing Officer

Name
Simon Strauss
Title
Treasurer
Phone
8453831050
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Simon Strauss
Formed
2021
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
15
Volunteers
0

Preparer

Firm
Grossman St Amour Cpas Pllc
Address
110 WEST FAYETTE STREET SUITE 900, SYRACUSE, NY 13202
Preparer
Michael G Lisson CPA
Phone
3154241120
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organizations follow fasb asc 740, income taxes, which requires that a tax position be recognized or derecognized based on a "more likely than not" threshold. The organizations believe the consolidated financial statements are free from any uncertain tax positions.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01581770
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0763143
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0318000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02672913
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt071524
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt042134
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0113658
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02705
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0575
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0118
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03398
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.95800
IRS990ScheduleA/PublicSupportPY170Pct00.96220
IRS990ScheduleA/PublicSupportTotal170Amt02672913
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01581770
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0763143
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0318000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02672913
IRS990ScheduleA/TotalSupportAmt02789969
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0266167
IRS990ScheduleD/DonatedServicesUseFcltsAmt0266167
IRS990ScheduleD/ExpensesNotReportedAmt0266167
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01128612
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueNotReportedAmt0266167
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01776416
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS FOLLOW FASB ASC 740, INCOME TAXES, WHICH REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. THE ORGANIZATIONS BELIEVE THE CONSOLIDATED FINANCIAL STATEMENTS ARE FREE FROM ANY UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01128612
IRS990ScheduleD/TotalRevenuePerForm990Amt01776416
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02042583
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01394779
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0160000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt024334
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt012069
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JASMINE GRAHAM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0196403
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW PRIOR TO FINALIZING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD WILL REVIEW POTENTIAL CONFLICTS OF INTEREST AS THEY ARISE DURING BOARD MEETINGS. ANY POTENTIAL CONFLICTS OF INTEREST WILL BE DISCUSSED, APPROPRIATELY DISCLOSED AND INVIDUALS WITH SUCH CONFLICTS WILL EXEMPT THEMSELVES FROM VOTING OR APPROVING MATTERS FOR WHICH THE CONFLICT EXISTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD WILL REVIEW COMPENSATION IN COMPARISON TO THE LOCAL MARKET CONDITIONS AND APPROVE COMPENSATION FOR ITS OFFICERS AND KEY EMPLOYEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL PROVIDE SUCH DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION WILL PROVIDE SUCH DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0MID-HUDSON ENERGY TRANSITION INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0MID-HUDSON ENERGY EQUITY FUND INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0931635821
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO SUPPORT CHARITABLE ACTIVITIES OF THE ORGANIZATION.
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0280 WALL STREET - STE 379
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0KINGSTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd012401
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt02316
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0MID-HUDSON ENERGY TRANSITION INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0P
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0935457
IRS990/TotalAssetsEOYAmt01557360
IRS990/TotalAssetsGrp/BOYAmt0935457
IRS990/TotalAssetsGrp/EOYAmt01557360
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt01581770

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