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Summit Environmental Contractors

Operating

Aro Industries, Incorporated

Industrial & Manufacturing · San Juan Capistrano, CA · Founded 2008

Environmental Solutions for a sustainable future

Post-money valuation ⓘ
$19.6M
As of Jun 2022 · from Reg CF Offering (2022) · pre-money + amount raised, not a traded price
Total raised
$83,544
Across 1 round since 2022
Latest share price
$1.00
Reg CF · Common Stock · Feb 2022 offering price

Financials

FY2019–FY2021 · from SEC filings · hover any figure for its source
$3.9M
$260K
2019
$3.9M
$285K
2020
$2.1M
−$17K
2021
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2019 reviewed*
FY2020 reviewed*
FY2021
Income statement
Revenue
$3,879,967
$3,883,734
$2,135,718
Cost of goods sold
$2,738,280
$2,395,165
$1,175,190
Gross margin
29%
38%
45%
Net income
$259,842
$285,217
-$16,593
Taxes paid
$41,542
$43,209
$0
Balance sheet
Cash
$225,625
$46,650
$308,320
Accounts receivable
$731,352
$709,860
$445,473
Total assets
$736,682
$762,009
$772,262
Short-term debt
$591,578
$225,355
$140,290
Long-term debt
$0
$45,667
$21,120
Total liabilities
$591,578
$271,022
$161,410
Other
Headcount
—
6
6

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Pre-money — the valuation set before each round’s money came in
$19.5M
pre-money
Reg CF · Common · Feb 2022

Blue bars are the pre-money valuation the company stated for a priced round.

Fundraising history

Raised $83.5K / $1.1MInvestors 46Post-money $19.6M

Team

9 people
David AronneFounder
CEO

Mr. Aronne is a State of California licensed engineering and hazardous waste contractor with more than 35 years of experience in the environmental construction, sustainability infrastructure modernization industry. Mr. Aronne has performed the duties of statewide program director for more than 250 Caltrans right-of-way hazardous materials clearance projects totaling more than six billion dollars in infrastructure modernization. Mr. Aronne has a strong insight into the public works industry with emphasis on sustainability and green infrastructure. He has consistently been able to anticipate trends and industry direction for more than three decades.

Grace Aronne
Marketing

Ms. Aronne has more than five-years’ experience in the field of marketing and digital media. During this time, she has been responsible for developing, implementing, and evaluating multi-layered marketing and digital strategies, to fully leverage all aspects of the organization's brand in support of its mission. She has also been responsible for planning, implementing, and monitoring the company's social media strategy to increase brand awareness, improve marketing efforts and increase sales.

Heather Halterman
Operations

Ms. Halterman has 30 years of administrative and operations experience in the field of environmental infrastructure modernization and sustainability. During this time, she has been directly involved all aspects for the oversight, management, and administration on hundreds of State and private sector infrastrure projects. She is an expert in the management and both government and corporate compliance including administration, accounting, operations, and legal suport. She also provides strong customer service support and document review.

Rachel Banach
Lead Estimator

Ms. Banach has more than ten years of experience in sales and estimating. During her time at Summit, she has increased both our client base and revenues. Her experience in estimating has fine-tuned Summit’s bidding process to allow Summit to bid on more projects, which has resulted in a record backlog of work. Logistically, Miss Banach has managed the scheduling of Summit’s subcontractors, and provided effective communication with our clients, to keep our projects on schedule and within budget.

Rene A. Perez, PG
Statistical Analysis & Modeling

Mr. Perez is a Licensed Professional Geologist in the State of California with over ten years of experience specializing in geologic, hydrometeorologic and hydrologic investigations. He has extensive experience in the use of Geographic Information Systems (GIS) which he uses to solve complex Geologic and Hydrologic issues. He also has experience in the collecting and integrating of data into GIS for detailed spatial analysis. Mr. Perez uses GIS to prepare 3-Dimensional Computer-based and physical models for the visualization of key data and site perspectives.

Wil Cablk, P.G.
Professional Geologist

Mr. Cablk is California Professional Geologist with over more than twenty years of experience in the investigation and remediation of environmentally impacted properties. Mr. Cablk has excellent knowledge of standard environmental practices, procedures, and regulations. He has prepared proposals and summaries and closure reports; developed sampling plans; cost estimates and bid specifications; provided contractor and subcontractor oversight; regulatory agency communication and compliance; performed phase II subsurface investigations; remedial excavations; operation and maintenance of soil vapor and groundwater treatment systems; and soil and groundwater sampling. Mr. Cablk is also the founder of Cablk Consulting.

David K. Gold
Director

Mr. Gold is a board certified Industrial Hygienist as well as an expert in the Environmental Health and Safety Profession. He has experience managing a wide range of safety, health within a variety of industries and corporate cultures. He is well versed in regulatory requirements and is experienced in single-, multi-, and international site management. He is also the Founder and CEO of Gold Health and Safety Consulting, which provides services in industrial hygiene monitoring, and occupational safety audits. Mr. Gold holds a Master of Science degree in Industrial Hygiene, as well as a Bachelor of Science degree in Health Science/Environmental and Occupational Health from the University of Southern California.

Stephen Parry
Director

Mr. Parry is a practicing actuary currently consulting for a major US Financial Services firm. He has 12 years of experience in Financial Services, and 10 years of experience in the Actuarial field. His experience includes Financial Modeling, including Embedded Value, Economic Capital, Economic Scenario Generation, STAT / GAAP reserving and projection. He is also experienced in Reinsurance Recapture, including Strategy, deal pricing, and sensitivity modeling. Mr. Parry holds a Bachelor of Science degree in Actuarial Mathematics from Bryant University and an Associate designation in the Society of Actuaries.

W. Richard Laton
Director

Dr. Laton is an expert in the field of hydrology/hydrogeology. Currently, he is an Associate Professor of Hydrogeology in the Department of Geological Sciences, California State University, Fullerton. This is a continuation of a career that includes years of teaching, consulting, litigation support, and management experience. He is also the CEO and Founder of Earth Forensics, a California based company specializing in environmental forensics, and hydrogeologic science. Dr. Laton's eduation includes a Ph.D. in Geology from Western Michigan University, M.S., in Environmental Earth Sciences from Western Michigan University, and a B.S. in Earth Science from Saint Cloud University.

Names and titles as disclosed on SEC Form C, StartEngine. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Not requiredFewer than 300 holders of record

Filed 1 of 5 annual reports (FY2021–FY2025)

46 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-UJul 6, 20220001665160-22-001982
    EDGAR
  • Form C/AApr 29, 20220001665160-22-001169
    EDGAR
  • Form C/AApr 28, 20220001665160-22-001053
    EDGAR
  • Form C-ARApr 25, 20220001665160-22-000766
    EDGAR
  • Form C/AMar 24, 20220001665160-22-000525
    EDGAR
  • Form CFeb 2, 20220001665160-22-000202
    EDGAR
Source: ManualCIK 0001895962CAShare price $1.00

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.