Statewide Energy Efficiency Andrenewables Administration Inc
- Assets
- $63.8m
- Revenue
- $99.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 05/2009
- Data as of
- 12/2021
- EIN
- 26-0189586
Organization Overview
Statewide Energy Efficiency Andrenewables Administration Inc is located in Madison, WI. The organization was established in 2009. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Statewide Energy Efficiency Andrenewables Administration Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Statewide Energy Efficiency Andrenewables Administration Inc generated $99.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $90.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
STATEWIDE ENERGY EFFICIENCY AND RENEWABLES ADMINISTRATION, INC. (SEERA) IS WISCONSIN UTILITIES' STATEWIDE ENERGY EFFICIENCY AND RENEWABLE RESOURCE PROGRAM. THE PROGRAM WORKS WITH ELIGIBLE WISCONSIN RESIDENTS AND BUSINESSES TO INSTALL COST-EFFECTIVE ENERGY EFFICIENCY AND RENEWABLE ENERGY PROJECTS.THE INFORMATION, RESOURCES AND FINANCIAL INCENTIVES THE ORGANIZATION PROVIDES TO IMPLEMENT ENERGY SAVING PROJECTS THAT OTHERWISE WOULD NOT BE COMPLETED, OR TO COMPLETE PROJECTS SOONER THAN SCHEDULED. THESE ENERGY PROJECTS: HELP WISCONSIN RESIDENTS AND BUSINESSES MANAGE ENERGY COSTS; PROMOTE IN-STATE ECONOMIC DEVELOPMENT; PROTECT OUR ENVIRONMENT; CONTROL WISCONSIN'S GROWING DEMAND FOR ELECTRICITY AND NATURAL GAS.SEERA IS FUNDED BY THE STATE'S INVESTOR-OWNED ENERGY UTILITIES, AS REQUIRED UNDER WIS. STAT. SECTION 196.374(2)(A), AND PARTICIPATING MUNICIPAL AND ELECTRIC COOPERATIVE UTILITIES. TO PARTICIPATE IN THE PROGRAMS, RESIDENTS OR BUSINESS OWNERS MUST BE CUSTOMERS OF A PARTICIPATING UTILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Stasik Chairperson | OfficerTrustee | 0.5 | $0 |
Joscy Skandel Secretary | OfficerTrustee | 0.5 | $0 |
Lori Drilling Vice Chairperson | OfficerTrustee | 0.5 | $0 |
Rachel Reinwand Treasurer | OfficerTrustee | 0.5 | $0 |
Dave Dahlberg Director | Trustee | 0.5 | $0 |
Matthew Spencer Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aptim Program Administrator | 12/30/21 | $5,886,699 |
Franklin Energy Services Llc Program Implementer | 12/30/21 | $8,960,286 |
Icf Resources Llc Strategic Consulting | 12/30/21 | $4,205,591 |
The Cadmus Group Llc Evaluation Consultation | 12/30/21 | $3,897,219 |
Clearesult Consulting Inc Consulting | 12/30/21 | $3,982,461 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,896,418 |
| 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 | $99,896,418 |
| Total Program Service Revenue | $4,000 |
| Investment income | $26,135 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $99,926,553 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $338,945 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $39,659 |
| Information technology | $687,403 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $437,617 |
| Insurance | $0 |
| All other expenses | $322,248 |
| Total functional expenses | $90,160,195 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,030,797 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,045,161 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $718,171 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,794,129 |
| Accounts payable and accrued expenses | $12,179,679 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $12,179,679 |
| Net assets without donor restrictions | $51,614,450 |
| Net assets with donor restrictions | $0 |
| 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 | $63,794,129 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Futures Association Chicago, IL | $176,284,079 | $126,360,502 |
Statewide Energy Efficiency Andrenewables Administration Inc Madison, WI | $63,794,129 | $99,926,553 |
Information Systems Audit And Control Association Inc Schaumburg, IL | $168,414,298 | $101,751,321 |
International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Society Of Manufacturing Engineers Southfield, MI | $77,116,365 | $66,156,404 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
North Central States Regional Council Of Carpenters St Paul, MN | $80,577,529 | $40,138,567 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |