Data / Crowdfunding / Illinois / Affordable Community Energy Services Co
Affordable Community Energy Services Co: crowdfunding raise on StartEngine Capital, LLC, $10,000 to $1,000,000 (2017)
Affordable Community Energy Services Co, a corporation in Chicago, IL, filed a Form C with the SEC on October 27, 2017 to raise $10,000 to $1,000,000 in common stock through StartEngine Capital, LLC. The offering closed on January 25, 2018. In its most recent fiscal year it reported $14,153 in revenue and a net loss of $165,408, with 2 employees.
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- Website
- www.affordablecommunityenergyservices.com
- Funding portal
- StartEngine Capital, LLC
- Address
- 180 N. MICHIGAN AVENUE SUITE 2405, Chicago, IL 60601
- Legal form
- Corporation
- Jurisdiction
- IL
- Incorporated
- June 25, 2016
- SEC CIK
- 0001692309
Offering terms
From the offering filed October 27, 2017.
- Security
- Common Stock
- Price
- $50.00
- Target
- $10,000
- Maximum
- $1,000,000
- Deadline
- January 25, 2018
- Portal compensation
- 6 percent
Financials
From the Form C-AR filed May 2, 2018.
| Most recent fiscal year | Prior fiscal year | Source | |
|---|---|---|---|
| Revenue | $14,153 | $0 | sec.gov |
| Cost of goods sold | $179,561 | $73,051 | sec.gov |
| Net income | $-165,408 | $-73,051 | sec.gov |
| Taxes paid | $0 | $0 | sec.gov |
| Total assets | $44,415 | $61,773 | sec.gov |
| Cash | $44,415 | $61,773 | sec.gov |
| Accounts receivable | $27,212 | $0 | sec.gov |
| Short-term debt | $254,000 | $50,000 | sec.gov |
| Long-term debt | $0 | $0 | sec.gov |
Filings
| Filed | Filing | Target | Maximum | Deadline | Note | Source |
|---|---|---|---|---|---|---|
| May 2, 2018 | Annual report | Not listed | Not listed | sec.gov | ||
| January 26, 2018 | Progress update | $10,000 | $1,000,000 | January 25, 2018 | At the close of the offering, the amount closed on is $22,750.00 and 455 number of securities sold, final amount subject to change pending final receipt of committed investments | sec.gov |
| October 27, 2017 | Offering | $10,000 | $1,000,000 | January 25, 2018 | sec.gov |
Updated May 2, 2018. Read from SEC EDGAR. Public domain (U.S. government work). Financials are as each company reported them in its Form C, unaudited unless the filing says otherwise. Websites are the ones the companies declared to the SEC. Free to reuse with credit to SpecStream under CC BY 4.0. Spot a wrong value? Write to [email protected] with the link to this page.