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Nonprofit · EIN 80-0388618

HOME ENERGY EFFICIENCY TEAM INC

Also known as HEET

Tax-exempt (reinstated) · BOSTON, MA 02109

Financials

$2.3M$2.1M2023$3.5M$3.4M2024$2.1M$2.5M2025
Revenue Expenses · by fiscal year end
Financials of HOME ENERGY EFFICIENCY TEAM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$2,129,962$2,507,184-$377,222$1,774,752$179,437$1,595,315
December 31, 2024990$3,548,603$3,401,451$147,152$2,368,908$396,371$1,972,537
December 31, 2023990$2,319,399$2,132,797$186,602$2,119,303$298,953$1,820,350
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$2,110,990
of which government grants
$1,313,665
Program service revenue
$14,310
Investment income
$8,474
Net gain from sales of assets
$1,502
Net income from fundraising events
-$10,999
Other revenue
-$3,812

Expenses

Grants and similar amounts paid
$255,500
Compensation of officers, directors and key employees
$228,206
Other salaries and wages
$927,348
Salaries, compensation and benefits (total)
$1,389,271
Professional fundraising fees
$0
Legal fees
$10,174
Accounting fees
$30,975
Occupancy
$128,307
Travel
$56,255
Program services (functional)
$1,936,628
Management and general (functional)
$378,456
Fundraising (functional)
$192,100

Balance sheet and other

Total assets, start of year
$2,368,908
Total assets, end of year
$1,774,752
Total liabilities, end of year
$179,437
Net assets, end of year
$1,595,315
Net assets without donor restrictions
$352,101
Net assets with donor restrictions
$1,243,214
Gross receipts
$2,172,401
Employees
16
Volunteers
5
Year formed
2009
State of legal domicile
MA

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, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
NOPALZIN TORRESDIRECTOR OF FINANCE
Officer
40$94,737$31,853
ZEYNEB MAGAVIEXECUTIVE DIRECTOR
Officer
40$95,637$0
ANA MARIA CAMARGOPRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM HARKINSFORMER TREASURER
Trustee or director, Officer
1$0$0
JOHN REINHARDTINTERIM TREASURER
Trustee or director, Officer
1$0$0
DAVID OLIVERCLERK
Trustee or director, Officer
1$0$0
KAREN MARTINBOARD MEMBER
Trustee or director
1$0$0
MARILYN RAY SMITHBOARD MEMBER
Trustee or director
1$0$0
WILLIAM AKLEYBOARD MEMBER
Trustee or director
1$0$0
LEITH SHARPBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
NOPALZIN TORRESDIRECTOR OF FINANCE
Officer
40$89,481$13,398
ZEYNEB MAGAVIEXECUTIVE DIRECTOR
Officer
40$94,656$0
AUDREY SCHULMANCO-EXEC DIRECTOR THRU 3/31/24
Officer
40$29,020$7,936
JASON TAYLORBOARD MEMBER/CONSULTANT
Trustee or director
1$1,413$0
ANA MARIA CAMARGOPRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM HARKINSTREASURER
Trustee or director, Officer
8$0$0
DAVID OLIVERCLERK
Trustee or director, Officer
1$0$0
KAREN MARTINBOARD MEMBER
Trustee or director
1$0$0
MARILYN RAY SMITHBOARD MEMBER
Trustee or director
1$0$0
JOHN REINHARDTBOARD MEMBER
Trustee or director
1$0$0
HG CHISSELLBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
AUDREY SCHULMANCO-EXECUTIVE DIRECTOR
Officer
40$92,355$7,720
ZEYNEB MAGAVICO-EXECUTIVE DIRECTOR
Officer
40$92,355$0
NOPALZIN TORRESDIRECTOR OF FINANCE
Trustee or director, Officer
40$13,245$2,253
ANA MARIA CAMARGOPRESIDENT
Trustee or director, Officer
1$0$0
WILLIAM HARKINSTREASURER
Trustee or director, Officer
8$0$0
DAVID OLIVERCLERK
Trustee or director, Officer
1$0$0
JASON TAYLORBOARD MEMBER/CONSULTANT
Trustee or director
1$0$0
KAREN MARTINBOARD MEMBER
Trustee or director
1$0$0
MARILYN RAY SMITHBOARD MEMBER
Trustee or director
1$0$0
JOHN REINHARDTBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
50 MILK STREET 16TH FLOOR, BOSTON, MA 02109-5002
In care of
% AUDREY SCHULMAN
Principal officer (990 for 2025)
ZEYNEB MAGAVI, 50 MILK STREET 16TH FLOOR, BOSTON, MA 02109
Signed the 990
ZEYNEB MAGAVI, EXECUTIVE DIRECTOR
Phone
(516) 900-4338
Return prepared by
SMITH SULLIVAN & BROWN PC

Mission

TO EVOLVE THE ENERGY SYSTEM TO MEET THE NEEDS OF THE FUTURE.

990 for the year ended December 31, 2025

Program accomplishments

  • WE PROPOSED A NOVEL UTILITY USING SINGLE-PIPE AMBIENT GEOTHERMAL NETWORKS THAT ALLOWS EXISTING GAS UTILITIES AND OTHER ENTITIES TO MODERNIZE AND FUTURE-PROOF INFRASTRUCTURE INVESTMENTS WHILE GROWING GOOD JOBS, LOWERING ENERGY COSTS AND EMISSIONS, AND IMPROVING SAFETY, RELIABILITY, SECURITY, HEALTH AND COMFORT. THE FIRST GAS TO GEO INSTALL IS OPERATIONAL, SERVING 140 CUSTOMERS WELL, AND WE DESIGNED AN EXPANSION. HEET HAS BUILT A TECHNO ECONOMIC MODEL, LAUNCHED A DATABASE, LAUNCHED THE FIRST GEOTHERMAL TECHNICIAN TRAINING, AND DEVELOPED AND LED A SCALABLE COMMUNITY-INITIATED PROJECT APPROACH TO BUILD A GROWING PIPELINE OF PROJECTS ACROSS THE COUNTRY. WE ARE ENGAGED IN INNOVATION, EDUCATION, AND POLICY TO MAKE THE THERMAL OPPORTUNITY REALITY.
    Expenses $1,936,628 · grants $255,500 · revenue $14,310

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, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
80-0388618
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
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,774,752
Income (IRS master file)
$2,172,401

Revocation and reinstatement

Exemption revoked
May 15, 2012
Posted by the IRS
June 9, 2014
Reinstated
Effective February 15, 2013

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$2,129,962$2,507,184$1,774,752XML
990December 2024$3,548,603$3,401,451$2,368,908XML
990December 2023$2,319,399$2,132,797$2,119,303XML
990December 2022$1,763,681$1,034,890$1,743,592IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 80-0388618).

Questions about HOME ENERGY EFFICIENCY TEAM INC

What is the EIN of HOME ENERGY EFFICIENCY TEAM INC?
The employer identification number (EIN) of HOME ENERGY EFFICIENCY TEAM INC is 80-0388618.
Is HOME ENERGY EFFICIENCY TEAM INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2012 and reinstated it effective February 15, 2013.
Are donations to HOME ENERGY EFFICIENCY TEAM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOME ENERGY EFFICIENCY TEAM 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 HOME ENERGY EFFICIENCY TEAM INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOME ENERGY EFFICIENCY TEAM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of HOME ENERGY EFFICIENCY TEAM INC?
The 990 for the year ended December 31, 2025 names ZEYNEB MAGAVI.
Who are the officers and directors of HOME ENERGY EFFICIENCY TEAM INC?
The 990 for the year ended December 31, 2025 lists 10 people; 2 received compensation from the organization, the highest $94,737 (NOPALZIN TORRES, DIRECTOR OF FINANCE).
How much revenue does HOME ENERGY EFFICIENCY TEAM INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $2,129,962, expenses of $2,507,184 and total assets of $1,774,752 at year end.

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