Nuclear Innovation Alliance
- Assets
- $2.4m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Brewster, MA
- Founding
- 10/2017
- Data as of
- 12/2023
- EIN
- 37-1859117
Organization Overview
Nuclear Innovation Alliance is located in Brewster, MA. The organization was established in 2017. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. As of 12/2023, Nuclear Innovation Alliance employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuclear Innovation Alliance 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, Nuclear Innovation Alliance generated $2.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.2% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT ENTREPRENEURIALISM, ACCELERATED INNOVATION AND COMMERCIALIZATION OF ADVANCED NUCLEAR ENERGY SYSTEMS, TO BRING MORE ECONOMICALLY COMPETITIVE ZERO-CARBON EMISSION ENERGY TO THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
1) PUBLISHED NEW REPORTS AND BRIEFS ON: (A) CHARACTERIZING AN EMERGING MARKET FOR HIGH-ASSAY, LOW-ENRICHED URANIUM PRODUCTION; (B) IMPLICATIONS OF INFLATION REDUCTION ACT TAX CREDITS FOR ADVANCED NUCLEAR ENERGY; (C) RESOURCES FOR COAL REPOWERING WITH NUCLEAR ENERGY; (D) ADDITIONAL FLEXIBLE FUNDING IS NEEDED TO BREAK DEPENDENCE ON RUSSIAN NUCLEAR FUEL; (E) ADVANCED NUCLEAR ENERGY IS A KEY CLIMATE SOLUTION; (F) NUCLEAR INNOVATION ALLIANCE LICENSING EFFICIENCY WORKSHOP SUMMARY REPORT; (G) IMPROVING THE EFFECTIVENESS AND EFFICIENCY OF THE ADVISORY COMMITTEE ON REACTOR SAFEGUARDS; (H) NIA BRIEF: BRIDGING THE GAP ON PART 53 RULE DEVELOPMENT; (I) TRANSFORMING THE U.S. DEPARTMENT OF ENERGY: PAVING THE WAY TO COMMERCIALIZE ADVANCED NUCLEAR ENERGY; (J) MODELING ADVANCED NUCLEAR ENERGY TECHNOLOGIES: GAPS AND OPPORTUNITIES; AND (K) NIA DISCUSSION DRAFT: NRC REFORM RECOMMENDATIONS; (2) SUBMITTED PUBLIC COMMENTS AND TESTIFIED AT PROCEEDINGS: (L) PUBLIC COMMENT ON THE EERE RFI ON TRANSFORMING INDUSTRY: STRATEGIES FOR DECARBONIZATION; AND (M) JOINT NGO LETTER TO NRC SUPPORTING COMMISSION POLICY STATEMENT ON LICENSING FOR NEW REACTORS; (N) COMMENT TO THE OCED RFI ON DEMAND-SIDE SUPPORT MEASURES; (O) NIA COMMENTS ON SCOPING PROCESS FOR TRISO-X FFF; (P) TESTIMONY BY NIA ANALYST VICTOR IBARRA, JR. IN COLORADO; AND (Q) JOINT NGO LETTER TO DOE ON TRANSPARENCY OF THE HYDROGEN HUBS PROGRAM; (3) UPDATED AND REPUBLISHED RESOURCES ON (R) ADVANCED NUCLEAR ENERGY, PRIVATE DEVELOPERS, AND SUPPLY CHAINS IN "ADVANCED NUCLEAR REACTOR TECHNOLOGY: A PRIMER AND "ADVANCED NUCLEAR REACTOR TECHNOLOGY: A COMPANY COMPENDIUM; (S) ADVANCED NUCLEAR ENERGY GUIDE FOR STATE POLICYMAKERS; OPPORTUNITIES FOR A COAL-TO-NUCLEAR TRANSITION", AND "THE ROLE OF NUCLEAR ENERGY IN A HYDROGEN FUTURE; (E) ADVANCED NUCLEAR TECHNOLOGY MAP - NORTH AMERICA; (4) CONTINUED TO CONVENE WORKING GROUP ON PRIVATE INVESTMENT IN ADVANCED NUCLEAR ENERGY; (5) ORGANIZED WORKSHOP FOR APPLICANT ON ADVANCED REACTOR LICENSING BEST PRACTICES AND LESSONS LEARNED; (6) CONVENED WORKSHOPS FOR POTENTIAL ADVANCED NUCLEAR ENERGY CUSTOMERS; AND (7) EDUCATED FEDERAL, STATE, AND LOCAL POLICYMAKERS ON ADVANCED NUCLEAR ENERGY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judith Greenwald Executive Director | OfficerTrustee | 40 | $307,517 |
Robert White Research Director | 40 | $114,879 | |
Todd Allen Chair | OfficerTrustee | 1.25 | $0 |
Leslie Dewan Vice Chair | OfficerTrustee | 1.25 | $0 |
Desmond Chan Treasurer | OfficerTrustee | 0.25 | $0 |
Armond Cohen Secretary | OfficerTrustee | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $47,168 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,988,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,035,842 |
| Total Program Service Revenue | $2,992 |
| Investment income | $415 |
| 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 | $2,039,249 |
| 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. | $287,522 |
| Compensation of current officers, directors, key employees. | $28,752 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $426,099 |
| Pension plan accruals and contributions | $11,677 |
| Other employee benefits | $36,781 |
| Payroll taxes | $49,298 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20,760 |
| Fees for services: Accounting | $31,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $392,294 |
| Advertising and promotion | $0 |
| Office expenses | $23,762 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $48,802 |
| Travel | $127,843 |
| 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 | $0 |
| Insurance | $1,866 |
| All other expenses | $0 |
| Total functional expenses | $1,458,279 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,573,875 |
| Savings and temporary cash investments | $229,888 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $614,721 |
| 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 | $7,116 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,425,600 |
| Accounts payable and accrued expenses | $38,004 |
| 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 | $38,004 |
| Net assets without donor restrictions | $1,441,206 |
| Net assets with donor restrictions | $946,390 |
| 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 | $2,425,600 |