Dollar Energy Fund Inc

Organization Overview

Dollar Energy Fund Inc is located in Pittsburgh, PA. The organization was established in 1983. According to its NTEE Classification (L82) the organization is classified as: Housing Expense Reduction Support, under the broad grouping of Housing & Shelter and related organizations. As of 09/2022, Dollar Energy Fund Inc employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dollar Energy Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Dollar Energy Fund Inc generated $23.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $21.8m during the year ending 09/2022. While expenses have increased by 3.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE QUALITY OF LIFE FOR HOUSEHOLDS EXPERIENCING HARDSHIPS BY PROVIDING UTILITY ASSISTANCE AND OTHER SERVICES THAT LEAD TO SELF-SUFFICIENCY

Describe the Organization's Program Activity:

ASSISTANCE WAS PROVIDED TO 38,437 FAMILIES FOR GAS, WATER, TELEPHONE, AND ELECTRICITY IN THE FORM OF CREDITS FROM UTILITY VENDORS AND PAYMENTS BY DOLLAR ENERGY FUND, INC. ON BEHALF OF NEEDY INDIVIDUALS. IN ADDITION, THE WEATHERIZATION PROGRAM HELPS CUSTOMERS MANAGE THEIR UTILITY BILLS THROUGH THE UTILIZATION OF ENERGY EFFICIENCY MEASURES. USAGE REDUCTION IS FURTHER ACHIEVED BY PROVIDING CUSTOMERS HOME ENERGY EDUCATION SESSIONS AND ENERGY ACTION PLANS DESIGNED TO HELP FACILITATE CHANGES IN ENERGY USE HABITS.


THE PITTSBURGH WATER AND SEWER AUTHORITY CREATED A RESIDENTIAL HOMEOWNER ASSISTANCE PROGRAM TO AID LOW INCOME HOMEOWNERS FACING POTENTIALLY STEEP COSTS TO REPAIR NON-COMPLIANT STORM SEWER CONNECTIONS TO SANITARY SEWERS ON THEIR PROPERTY. DOLLAR ENERGY FUND, INC. SERVES AS THE GRANT AND LOAN PROGRAM ADMINISTRATOR AND POINT OF CUSTOMER CONTACT FOR HOMEOWNERS WHO WISH TO PARTICIPATE IN THE PROGRAM. THE PITTSBURGH WATER AND SEWER AUTHORITY ALSO CREATED A MORATORIUM, BILL DISCOUNT, AND PAYMENT COUNSELING PROGRAM TO ASSIST ITS LOW-INCOME CUSTOMERS. DOLLAR ENERGY FUND, INC. SERVES AS THE ADMINISTRATOR FOR THIS PROGRAM.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Chad Quinn
Chief Executive Officer
$286,134
Sean Smiles
Chief Information Officer
$186,771
Dan Caponi
Chief Financial Officer
$166,847
Lisa Stoebener
Chief Human Resources Offi
$165,682
Nick Meddis
Treasurer
$0
Joseph Ott
Past President
$0

Financial Statements

Statement of Revenue
Federated campaigns$26,856
Membership dues$0
Fundraising events$607,325
Related organizations$0
Government grants $898,225
All other contributions, gifts, grants, and similar amounts not included above$11,929,786
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,462,192
Total Program Service Revenue$9,529,937
Investment income $188,506
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,474
Net Income from Fundraising Events -$163,454
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $23,037,155

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Dollar Energy Fund Inc has recieved totaling $817,165.

Awarding OrganizationAmount
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$370,412
The Blackbaud Giving Fund

Charleston, SC

PURPOSE: GENERAL SUPPORT

$370,412
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$16,930
Charities Aid Foundation America

Alexandria, VA

PURPOSE: CHARITABLE DONATION

$16,454
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$12,500
Edward B Dunlap Jr Foundation

Canonsburg, PA

PURPOSE: N/A

$10,500
View Grant Recipient Profile

Create an account to unlock the data you need.

or