Solar Energy Industries Association Inc
- Assets
- $18.1m
- Revenue
- $20.5m
- Investments
- $0.0
- Employees
- 57
- Location
- Washington, DC
- Founding
- 03/1977
- Data as of
- 12/2021
- EIN
- 52-1072179
Organization Overview
Solar Energy Industries Association Inc is located in Washington, DC. The organization was established in 1977. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2021, Solar Energy Industries Association Inc employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solar Energy Industries Association 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, Solar Energy Industries Association Inc generated $20.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $18.0m during the year ending 12/2021. While expenses have increased by 7.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
SEIA IS THE DRIVING FORCE BEHIND SOLAR ENERGY AND IS BUILDING A STRONGER SOLAR INDUSTRY TO POWER AMERICA THROUGH ADVOCACY AND EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEDERAL AFFAIRS - SEIA WAS DEEPLY ENGAGED IN A NUMBER OF KEY FEDERAL POLICY INITIATIVES IN 2021, WITH THE START OF A NEW CONGRESS AND PRESIDENTIAL ADMINISTRATION. FOLLOWING THE CREATION OF A ROBUST POLICY AGENDA FOR THE SOLAR AND STORAGE INDUSTRIES, THE ORGANIZATION WORKED WITH MEMBERS AND ALLIES TO HELP SHAPE THE DIRECTION OF AN EVOLVING SUITE OF POLICY PROPOSALS IN CONGRESS TO SUPPORT CLEAN ENERGY GROWTH AND ADDRESS CLIMATE CHANGE. THESE ACTIVITIES RESULTED IN THE HOUSE OF REPRESENTATIVES PASSING THE BUILD BACK BETTER ACT, WHICH INCLUDED MANY OF THE KEY PRIORITIES PUT FORTH BY SEIA AND THE INDUSTRY TO ACCELERATE DEPLOYMENT OF SOLAR AND SUPPORT CLEAN ENERGY JOB CREATION NATIONWIDE. OUTSIDE OF CONGRESS, SEIA WAS INVOLVED IN MANY KEY REGULATORY PROCEEDINGS, INCLUDING RULEMAKINGS AT THE FEDERAL ENERGY REGULATORY COMMISSION ON TRANSMISSION REFORMS AND POWER MARKET DESIGN, AS WELL AS A WIDE-RANGING PORTFOLIO OF INTERNATIONAL TRADE POLICY EFFORTS, INCLUDING A SUCCESSFUL CAMPAIGN TO REJECT AN ANONYMOUS PETITION AT THE DEPARTMENT OF COMMERCE TO IMPLEMENT NEW TARIFFS ON IMPORTS OF SOLAR PRODUCTS.
STATE AFFAIRS - SEIA'S STATE POLICY EFFORTS RESULTED IN SEVERAL KEY ACCOMPLISHMENTS IN 2021, INCLUDING PASSAGE OF A TAX REFORM BILL IN MASSACHUSETTS THAT PROVIDED KEY CERTAINTY TO SOLAR BUSINESSES, PRESERVATION OF A NET METERING PROGRAM IN SOUTH CAROLINA, REGULATORY REFORMS THAT FURTHER ENABLED SOLAR AND STORAGE INTERCONNECTION IN COLORADO, IMPLEMENTATION OF A NEW SOLAR INCENTIVE PROGRAM IN NEW JERSEY, AND PASSAGE OF A LANDMARK RENEWABLE ENERGY STANDARD IN ILLINOIS
PUBLIC AFFAIRS - SEIA'S COMMUNICATIONS AND PUBLIC AFFAIRS WERE A CRITICAL ASPECT OF THE ORGANIZATIONS SUCCESS IN 2022, SEEING GROWTH ACROSS A NUMBER OF KEY METRICS, INCLUDING A 33% INCREASE IN OVERALL MEDIA HITS OVER 2020 AND A 70% INCREASE IN REACH. SOCIAL MEDIA PRESENCE WAS ANOTHER KEY AREA OF GROWTH, WITH SIGNIFICANT INCREASES IN REACH AND EXPOSURE ACROSS ALL KEY CHANNELS. SEIA ALSO EXPANDED ITS INVESTMENT AND IMPACT IN GRASSROOTS ORGANIZING AND POLITICAL ENGAGEMENT, WORKING WITH KEY STAKEHOLDERS IN THE INDUSTRY AND AMONG POWERFUL ALLIES TO EDUCATE POLICYMAKERS AND DEMONSTRATE THE POSITIVE IMPACT OF CLEAN ENERGY GROWTH ON LOCAL COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abigail Hopper President And CEO | OfficerTrustee | 40 | $876,965 |
Sean Gallagher VP State Affairs | Officer | 40 | $411,440 |
John Smirnow Vice President Market Strategy And General Counsel | Officer | 40 | $397,597 |
Michael Smith Chief Business Officer | Officer | 40 | $348,689 |
Erin Duncan VP Congressional Affairs | Officer | 40 | $320,039 |
Daniel Whitten VP Public Affairs | Officer | 40 | $278,730 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Akin Gump Legal | 12/30/21 | $1,865,855 |
Cross Border Energy Regulatory | 12/30/21 | $398,028 |
Signal Group Consulting | 12/30/21 | $317,000 |
Squire Patton Boggs Llp Lobbying | 12/30/21 | $299,202 |
Rock Creek Counsel Llc Lobbying | 12/30/21 | $285,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,198,679 |
| 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 | $1,198,679 |
| Total Program Service Revenue | $18,630,726 |
| Investment income | $213,889 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $42,040 |
| Net Rental Income | $24,400 |
| Net Gain/Loss on Asset Sales | $317,712 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,516,160 |
| 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. | $3,866,667 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,923,360 |
| Pension plan accruals and contributions | $158,539 |
| Other employee benefits | $469,912 |
| Payroll taxes | $484,571 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,323,291 |
| Fees for services: Accounting | $184,387 |
| Fees for services: Lobbying | $1,776,274 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $69,248 |
| Fees for services: Other | $1,085,398 |
| Advertising and promotion | $510,036 |
| Office expenses | $210,179 |
| Information technology | $301,545 |
| Royalties | $0 |
| Occupancy | $827,823 |
| Travel | $113,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $264,230 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $177,359 |
| Insurance | $36,778 |
| All other expenses | $55,950 |
| Total functional expenses | $17,950,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109,055 |
| Savings and temporary cash investments | $959,986 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $345,392 |
| 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 | $340,465 |
| Net Land, buildings, and equipment | $1,260,916 |
| Investments—publicly traded securities | $14,983,519 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,000 |
| Total assets | $18,099,333 |
| Accounts payable and accrued expenses | $1,261,761 |
| Grants payable | $0 |
| Deferred revenue | $5,682,327 |
| 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 | $2,614,231 |
| Total liabilities | $9,558,319 |
| Net assets without donor restrictions | $8,541,014 |
| 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 | $18,099,333 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Solar Energy Industries Association Inc has recieved totaling $59,175.
| Awarding Organization | Amount |
|---|---|
The Solar Foundation Albany, NY PURPOSE: TECHNICAL ASSISTANCE UNDER FEDERAL GRANT | $59,175 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nuclear Energy Institute Washington, DC | $71,880,895 | $50,264,401 |
Solar Energy Industries Association Inc Washington, DC | $18,099,333 | $20,516,160 |
Clasp Washington, DC | $15,465,717 | $16,877,815 |
Environmental Working Group Washington, DC | $14,685,158 | $16,093,379 |
Smart Electric Power Alliance Washington, DC | $18,618,602 | $11,424,998 |
Citizens For Responsible Energy Solutions Inc Washington, DC | $4,760,375 | $5,691,548 |
Urban Sustainability Directors Network Washington, DC | $14,958,599 | $9,810,102 |
National Hydropower Association Inc Washington, DC | $4,290,027 | $5,771,967 |
Institute For Market Transformation Inc Washington, DC | $5,588,466 | $5,620,018 |
Solar United Neighbors Washington, DC | $7,152,492 | $9,177,956 |
Renewable Energy Wildlife Institute Washington, DC | $5,884,881 | $3,402,247 |
Coalition For Green Capital Washington, DC | $1,092,509 | $2,755,500 |