West Penn Power Sustainable Energy Fund
- Assets
- $32.4m
- Revenue
- $572.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Greensburg, PA
- Founding
- 07/2000
- Data as of
- 12/2023
- EIN
- 25-1862884
Organization Overview
West Penn Power Sustainable Energy Fund is located in Greensburg, PA. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Penn Power Sustainable Energy Fund 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 12/2023, West Penn Power Sustainable Energy Fund generated $572.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, West Penn Power Sustainable Energy Fund has awarded 161 individual grants totaling $4,038,588. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTE THE USE OF RENEWABLE ENERGY AND CLEAN ENERGY TECHNOLOGIES. PROMOTE ENERGY CONSERVATION TECHNOLOGIES. PROMOTE THE EDUCATION, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL BENEFIT ASSOCIATED WITH RENEWAL AND CLEAN ENERGY TECHNOLOGIES AND ENERGY CONSERVATION TECHNOLOGIES THAT CAN BENEFIT RATEPAYERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE USE OF RENEWABLE AND CLEAN ENERGY TECHNOLOGIES THAT CAN BENEFIT WEST PENN POWER RATEPAYERS.
PROMOTE ENERGY CONSERVATION AND ENERGY EFFICIENCY TECHNOLOGIES THAT CAN BENEFIT WEST PENN POWER RATEPAYERS.
PROMOTE THE EDUCATION, ECONOMIC DEVELOPMENT, AND ENVIRONMENTAL BENEFIT ASSOCIATED WITH RENEWAL AND CLEAN ENERGY TECHNOLOGIES AND ENERGY CONSERVATION AND EFFICIENCY TECHNOLOGIES THAT CAN BENEFIT WEST PENN POWER RATEPAYERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Al Neuner President | OfficerTrustee | 2.5 | $0 |
John Kline Treasurer | OfficerTrustee | 2.5 | $0 |
James Stark Secretary | OfficerTrustee | 2.5 | $0 |
John Walliser Vice President | OfficerTrustee | 2.5 | $0 |
Rob Hosken Director | Trustee | 1 | $0 |
Edward C Miller Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $96,337 |
| Investment income | $558,141 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,219 |
| Net Gain/Loss on Asset Sales | -$130,516 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $572,617 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $804,246 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $125,000 |
| Fees for services: Legal | $13,619 |
| Fees for services: Accounting | $17,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $90,509 |
| Fees for services: Other | $391,795 |
| Advertising and promotion | $13,669 |
| Office expenses | $458 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $9,484 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $727 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $174,442 |
| Insurance | $6,981 |
| All other expenses | $31,333 |
| Total functional expenses | $1,689,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,032,118 |
| Savings and temporary cash investments | $20,421,795 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,968 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,772,812 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,007 |
| Net Land, buildings, and equipment | $6,095,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $47,329 |
| Total assets | $32,385,397 |
| Accounts payable and accrued expenses | $183,024 |
| Grants payable | $796,016 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $47,193 |
| Total liabilities | $1,026,233 |
| Net assets without donor restrictions | $30,695,057 |
| Net assets with donor restrictions | $664,107 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,385,397 |
Grants Awarded
Over the last fiscal year, West Penn Power Sustainable Energy Fund has awarded $447,370 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FAYETTE COUNTY COMMUNITY ACTION AGENCY PURPOSE: RENEWABLE ENERGY & ENERGY CONSERVATION & EFFICIENCY | $10,000 |
COUNTY OF ELK COMMUNITY RECYCLING CENTER PURPOSE: RENEWABLE ENERGY | $32,800 |
FULTON COUNTY MEDICAL CENTER FOUNDATION PURPOSE: ENERGY CONSERVATION & EFFICIENCY | $34,000 |
UNIONTOWN VOLUNTEER FIREMAN'S BOOSTER ASSOCIATION PURPOSE: ENERGY CONSERVATION & EFFICIENCY | $17,500 |
STATE COLLEGE COMMUNITY LAND TRUST PURPOSE: ENERGY CONSERVATION & EFFICIENCY | $105,000 |
WESLEY FAMILY SERVICES PURPOSE: RENEWABLE ENERGY | $80,720 |