Association Of Energy Services Professionals
- Assets
- $3.0m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 12
- Location
- Oviedo, FL
- Founding
- 07/1990
- Data as of
- 12/2021
- EIN
- 33-0369768
Organization Overview
Association Of Energy Services Professionals is located in Oviedo, FL. The organization was established in 1990. According to its NTEE Classification (W03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Association Of Energy Services Professionals employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Energy Services Professionals 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 12/2021, Association Of Energy Services Professionals generated $1.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AESP PROVIDES TRAINING AND INFORMATION ON ENERGY EFFICIENCY, ENERGY MANAGEMENT, AND RENEWABLE RESOURCES THROUGH EDUCATIONAL CONFERENCES, WEBINARS, AND PUBLICATIONS.
Describe the Organization's Program Activity:
DURING 2021, WE HAD THE FOLLOWING ACCOMPLISHMENTS 1 REVAMPED GROUP MEMBERSHIP STRUCTURE TO BE MORE INCLUSIVE AND ENSURE DEEPER ENGAGEMENT LEVELS WITHIN EXISTING GROUP MEMBERSHIPS 2 LAUNCHED 11 NEW ASYNCHRONOUS ONLINE TRAINING COURSES AND COMPLETED 24 ONLINE INSTRUCTOR-LED COURSES IN ADDITION TO AN ONLINE SPRING TRAINING EVENT 3 HOSTED THE AESP SOCIAL, A COMPLETELY NEW ONLINE MEETING STYLE 4 WON 750,000 USDOE GRANT TO DEVELOP DEMAND FLEXIBILITY TRAINING SERIES BEGINNING IN 2022 5 DEVELOPED AN ONLINE CAREER MAP TOOL TO HELP MEMBERS PLAN FOR GROWTH 6 LAUNCHED SEVERAL NEW DIGITAL MEDIA PRODUCTS INCLUDING ENERGY FEED AI NEWSLETTER, ENERGY INTEL QUARTERLY DIGITAL MAGAZINE AND ENERGY BEAT PODCAST 7 LAUNCHED AESP TOGETHER COLLABORATION TOOL FOR TOPIC COMMITTEES, CHAPTERS AND SPECIAL INTEREST GROUPS 8 STREAMLINED MULTIPLE INTERNAL PROCESS AND CONVERTED MANUAL PROCEDURES TO MORE EFFICIENT AND SECURE IT-BASED SOLUTIONS 9 LAUNCHED COMPREHENSIVE DIVERSITY, EQUITY, AND INCLUSION INITIATIVE AND WOMEN IN ENERGY PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Szaro President CEO | Officer | 40 | $212,544 |
Suzanne Jones COO | Officer | 40 | $169,201 |
Shannon Britton VP Finance Admin | Officer | 40 | $103,222 |
Raegan Bond Chair | OfficerTrustee | 2 | $0 |
Sue Hanson Chair Elect | OfficerTrustee | 2 | $0 |
William Ellis Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $58,021 |
| 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 | $58,021 |
| Total Program Service Revenue | $1,222,469 |
| Investment income | $42,900 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $10,800 |
| Net Gain/Loss on Asset Sales | $176,618 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,527,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| 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. | $541,013 |
| Compensation of current officers, directors, key employees. | $108,203 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $509,994 |
| Pension plan accruals and contributions | $23,945 |
| Other employee benefits | $17,852 |
| Payroll taxes | $72,734 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,309 |
| Fees for services: Other | $139,391 |
| Advertising and promotion | $103,351 |
| Office expenses | $75,431 |
| Information technology | $63,945 |
| Royalties | $0 |
| Occupancy | $82,585 |
| Travel | $61 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $115,779 |
| Interest | $266 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $110,356 |
| Insurance | $6,885 |
| All other expenses | $0 |
| Total functional expenses | $1,893,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $268,803 |
| Savings and temporary cash investments | $128,764 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $250,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $173,888 |
| Net Land, buildings, and equipment | $6,857 |
| Investments—publicly traded securities | $2,162,816 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $30,085 |
| Other assets | $5,000 |
| Total assets | $3,026,296 |
| Accounts payable and accrued expenses | $121,089 |
| Grants payable | $0 |
| Deferred revenue | $775,463 |
| 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 | $896,552 |
| Net assets without donor restrictions | $2,129,744 |
| 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 | $3,026,296 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Electric Membership Corporation Tucker, GA | $11,625,229 | $14,888,867 |
Alabama Rural Electric Association Of Cooperatives Montgomery, AL | $6,685,824 | $6,922,697 |
Florida Rural Water Association Inc Tallahassee, FL | $5,495,162 | $5,330,787 |
Association Of County Commissioners Of Alabama Montgomery, AL | $4,269,663 | $2,836,484 |
Community Bankers Association Of Georgia Marietta, GA | $3,566,732 | $2,257,495 |
Association Of Energy Services Professionals Oviedo, FL | $3,026,296 | $1,527,113 |
Bahama Out Islands Promotion Board Plantation, FL | $1,121,105 | $1,383,765 |
American Water Works Association St Cloud, FL | $1,502,789 | $877,562 |
Center For Financial Training Southeastern Inc Miami, FL | $1,231,501 | $1,096,616 |
Brotherhood Of Railroad Signalmen Yulee, FL | $316,981 | $593,260 |
Brotherhood Of Railroad Signalmen Fernandina Beach, FL | $495,704 | $320,680 |
Florida Local Government Informatio N Systems Association Inc Tallahassee, FL | $472,934 | $317,276 |