Local Energy Aggregation Network
- Assets
- $99.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Truckee, CA
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 27-5198674
Organization Overview
Local Energy Aggregation Network is located in Truckee, CA. The organization was established in 2014. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Energy Aggregation Network 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 12/2022, Local Energy Aggregation Network generated $132.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.2%) each year. All expenses for the organization totaled $176.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EDUCATING GOVERNMENTS AND CITIZENS ABOUT, AND FOSTERING, CONSUMER ENERGY CHOICE AND AFFORDABLE ELECTRICITY RATES, RAPID EXPANSION OF RENEWABLE POWER AND ENERGY EFFICIENCY, AGGRESSIVE REDUCTION OF CARBON EMISSIONS, LOCAL CONTROL OF ENERGY RESOURCES, THE REGIONAL BENEFITS THAT CAN BE REALIZED THROUGH EXPANDED COMMUNITY CHOICE AGGREGATION - SUCH AS JOBS CREATION AND ECONOMIC OPPORTUNITY; AND REPRESENTING THE INTERESTS OF CONSUMERS IN ADMINISTRATIVE AND JUDICIAL PROCEEDINGS CONCERNING PUBLIC UTILITIES MATTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kelly Chairman | 0 | $0 | |
Jeff Shields Treasurer | 0 | $0 | |
Mike Gordon Director | 0 | $0 | |
Shawn Marshall Director | 0 | $0 | |
Paul Gromer Director | 0 | $0 | |
Alison Elliott Executive Di | 40 | $74,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $132,929 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $132,929 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,000 |
| Professional fees and other payments to independent contractors | $89,397 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $109 |
| Other expenses | $13,395 |
| Total expenses | $176,901 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,016 |
| Other assets | $0 |
| Total assets | $99,044 |
| Total liabilities | $71,384 |
| Net assets or fund balances | $27,660 |