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Nonprofit · EIN 39-1356152

SLIPSTREAM GROUP INC

Tax-exempt · MADISON, WI 53719

Financials

$41.1M$42.8M2024
Revenue Expenses · by fiscal year end
Financials of SLIPSTREAM GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$41,062,264$42,838,333-$1,776,069$32,131,787$19,915,379$12,216,408
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$5,749,419
of which government grants
$5,386,153
Program service revenue
$34,540,937
Investment income
$767,294
Net gain from sales of assets
$4,240
Other revenue
$4,614

Expenses

Grants and similar amounts paid
$1,750
Compensation of officers, directors and key employees
$557,891
Other salaries and wages
$12,525,207
Salaries, compensation and benefits (total)
$15,768,353
Professional fundraising fees
$0
Legal fees
$31,997
Accounting fees
$79,653
Occupancy
$398,316
Travel
$450,117
Depreciation
$223,275
Program services (functional)
$31,194,919
Management and general (functional)
$9,839,359
Fundraising (functional)
$1,804,055

Balance sheet and other

Total assets, start of year
$42,162,320
Total assets, end of year
$32,131,787
Total liabilities, end of year
$19,915,379
Net assets, end of year
$12,216,408
Land, buildings and equipment
$4,447,151
Publicly traded securities
$1,308,361
Net assets without donor restrictions
$11,879,260
Net assets with donor restrictions
$337,148
Gross receipts
$41,062,264
Employees
199
Volunteers
17
Year formed
1980
State of legal domicile
WI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SANDRA HALL HENRYPRESIDENT & CEO
Officer
40$230,247$26,012
KATRINA KELLERVP OPERATIONS/CFO
Officer
40$171,629$7,749
SCOTT HACKELVP OF RESEARCH
Highest-paid employee
40$142,517$23,461
PATTI PHILLIPSADVANCEMENT OFFICER
Highest-paid employee
40$144,820$16,325
HEIDI GORRILLCHIEF PROGRAM OFFICER
Highest-paid employee
40$151,788$6,590
BENJAMIN HEYMERDIRECTOR OF ENGINEERING
Highest-paid employee
40$138,648$6,890
MARGARET COWANDIRECTOR OF WORKFORCE DEV
Highest-paid employee
40$139,266$5,998
TIMOTHY MATHISONGENERAL COUNSEL MAG DIR
Officer
40$117,150$5,104
LORI PETERSONCHAIR
Trustee or director, Officer
1$0$0
CHARLES HUAVICE CHAIR
Trustee or director, Officer
1$0$0
KATHERINE HAMMACKPAST CHAIR
Trustee or director, Officer
1$0$0
BRYAN VAN STIPPENDIRECTOR
Trustee or director
1$0$0
DENEINE POWELLDIRECTOR
Trustee or director
1$0$0
INGRID MATTSSONDIRECTOR
Trustee or director
1$0$0
JOHN EHRMANNDIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
KELLY CAINDIRECTOR
Trustee or director
1$0
KELLY MEISSNERDIRECTOR
Trustee or director
1$0
MICHAEL BONERTZDIRECTOR
Trustee or director
1$0
MCKENNA DUNBARDIRECTOR
Trustee or director
1$0
OWEN HULLDIRECTOR
Trustee or director
1$0
PATRICIA TAYLORDIRECTOR
Trustee or director
1$0
PETER KILDEDIRECTOR
Trustee or director
1$0
TANIA IBARRADIRECTOR
Trustee or director
1$0
VALERIA RINCONDIRECTOR
Trustee or director
1$0
VANESSA FARLEYDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
431 CATALYST WAY, MADISON, WI 53719-1241
Principal officer (990 for 2024)
SANDRA HENRY, 431 CATALYST WAY, MADISON, WI 53719
Signed the 990
SANDRA HENRY, PRESIDENT/CEO
Phone
(608) 249-9322
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

ACCELERATING CLIMATE SOLUTIONS FOR EVERYONE. SLIPSTREAM FOCUSES ON ENERGY EFFICIENCY IN THE BUILT ENVIRONMENT. WE ARE FOCUSED ON INCREASING THE SPEED AND SCALE OF CLIMATE MITIGATION AND RESILIENCE IN THE BUILT ENVIRONMENT FOR ALL COMMUNITIES. SLIPSTREAM MEASURES OUR MISSION IMPACT IN GREENHOUSE GAS REDUCTIONS, ENERGY SAVINGS, INNOVATION, AND HEALTH.

990 for the year ended December 31, 2024

Program accomplishments

  • EFFICIENCY AT SCALE: WE IMPLEMENT PILOT AND FULL-SCALE ENERGY EFFICIENCY PROGRAMS FOR UTILITIES AND GOVERNMENTS. WE SPECIALIZE IN PROGRAMS THAT ADDRESS UNDERSERVED CUSTOMERS, LIKE IMPROVING THE ENERGY EFFICIENCY OF MANUFACTURED HOUSING. OUR EXPERTISE INCLUDES INNOVATIVE COMMERCIAL AND AFFORDABLE HOUSING NEW CONSTRUCTION PROGRAMS, THE NEXT GENERATION OF COMMERCIAL LIGHTING SOLUTIONS, RESIDENTIAL LIGHTING PROGRAMS AS WELL AS OTHER COMMERCIAL AND RESIDENTIAL PROGRAMS THAT FOCUS ON LASTING CHANGES TO ENERGY CONSUMPTION. WE HAVE A GROWING FOCUS ON ELECTRIFICATION TECHNOLOGIES, INCLUDING ELECTRIC VEHICLES.
    Expenses $20,422,443 · grants $1,750 · revenue $23,742,866
  • EMERGING TECHNOLOGIES AND HUMAN FACTORS: OUR RESEARCH FOCUSES ON THE DISCOVERY AND TESTING OF TECHNOLOGY THAT DRIVES DOWN CARBON EMISSIONS DUE TO BUILDINGS. THE RESEARCH RANGES FROM FIELD TESTING OF THE ENERGY PERFORMANCE OF NEW TECHNOLOGIES TO PIONEERING APPROACHES TO GRID-INTERACTIVES EFFICIENT BUILDINGS. WE STUDY MARKET CONDITIONS AROUND ELECTRIFICATION AND OTHER LOW-CARBON TECHNOLOGIES AND TEST BETTER WAYS TO REACH MARKETS WHERE TRADITIONAL ENERGY EFFICIENCY PROGRAMS HAVE PERFORMED POORLY. LASTLY, WE STUDY THE LINK BETWEEN CLEAN ENERGY AND HEALTH, WITH A FOCUS ON AFFORDABLE HOUSING AND LOW-INCOME WEATHERIZATION.
    Expenses $3,908,240 · revenue $1,870,690
  • FINANCING FOR A LOW-CARBON FUTURE: SLIPSTREAM PROVIDES FINANCING PROGRAMS TO ENABLE GOVERNMENT AND UTILITY CUSTOMERS TO COMPLETE ENERGY IMPROVEMENTS. OUR CORE COMPETENCIES INCLUDE PROPERTY ASSESSED CLEAN ENERGY FINANCE (PACE) IN THE COMMERCIAL SECTOR, LENDING PROGRAMS FOR HOME ENERGY RETROFITS, AND INNOVATIVE FINANCING TO MAKE IT EASIER FOR LOW-INCOME HOMEOWNERS TO COMPLETE ENERGY IMPROVEMENTS.
    Expenses $3,504,854 · revenue $5,453,790
  • EDUCATION AND TRAINING: AS PART OF OUR MISSION TO SCALE SOLUTIONS, WE PROVIDE EDUCATIONAL PROGRAMMING AROUND CLEAN ENERGY TECHNOLOGIES AND EQUITY IN ENERGY TO OVER 10,000 ENERGY PROFESSIONALS ANNUALLY.
    Expenses $3,359,382 · revenue $3,473,591

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
39-1356152
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1980
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C350)
Assets (IRS master file)
$32,131,787
Income (IRS master file)
$41,062,264

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$45,831,254$47,222,015$42,162,320IRS
990December 2022$38,761,093$41,258,406$38,156,541IRS
990December 2021–––IRS
990December 2020–––IRS
990June 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about SLIPSTREAM GROUP INC

What is the EIN of SLIPSTREAM GROUP INC?
The employer identification number (EIN) of SLIPSTREAM GROUP INC is 39-1356152.
Is SLIPSTREAM GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
Are donations to SLIPSTREAM GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SLIPSTREAM GROUP INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of SLIPSTREAM GROUP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SLIPSTREAM GROUP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of SLIPSTREAM GROUP INC?
The 990 for the year ended December 31, 2024 names SANDRA HENRY.
Who are the officers and directors of SLIPSTREAM GROUP INC?
The 990 for the year ended December 31, 2024 lists 25 people; 8 received compensation from the organization, the highest $230,247 (SANDRA HALL HENRY, PRESIDENT & CEO).
How much revenue does SLIPSTREAM GROUP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $41,062,264, expenses of $42,838,333 and total assets of $32,131,787 at year end.

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