Nuclear Energy Institute
- Assets
- $96.2m
- Revenue
- $57.3m
- Investments
- $0.0
- Employees
- 114
- Location
- Washington, DC
- Founding
- 01/1985
- Data as of
- 12/2023
- EIN
- 52-1209124
Organization Overview
Nuclear Energy Institute is located in Washington, DC. The organization was established in 1985. 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 12/2023, Nuclear Energy Institute employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nuclear Energy Institute 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 12/2023, Nuclear Energy Institute generated $57.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $51.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Nuclear Energy Institute has awarded 259 individual grants totaling $17,581,534. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
NUCLEAR ENERGY INSTITUTE'S (NEI) MISSION IS TO PROMOTE THE USE AND GROWTH OF NUCLEAR ENERGY THROUGH EFFICIENT OPERATIONS AND EFFECTIVE POLICY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXTERNAL AFFAIRS - COMMUNICATIONS WITH INDUSTRY, FEDERAL GOVERNMENT, STATE, AND LOCAL POLICY MAKERS, THE MEDIA, OPINION LEADERS, AND THE GENERAL PUBLIC. IMPLEMENTATION OF GOVERNMENT RELATIONS POLICIES, STRATEGIES, AND PLANS APPROVED AND PROMULGATED BY NEI AND ITS MEMBERS.
TECHNICAL & REGULATORY SERVICES - COMPREHENSIVE MANAGEMENT AND POLICY DIRECTION AND INDUSTRY COORDINATION FOR THE RESOLUTION OF A BROAD RANGE OF GENERIC TECHNICAL AND REGULATORY ISSUES AFFECTING NUCLEAR POWER.
LEGAL - MONITOR REGULATORY ISSUES AFFECTING NUCLEAR POWER.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Korsnick Maria G President & CEO | OfficerTrustee | 40 | $3,849,931 |
Ginsberg Ellen SVP & Secretary | OfficerTrustee | 40 | $709,873 |
Hultman Erin Vp, CFO & Treasurer | OfficerTrustee | 40 | $532,566 |
Lyash Jeffrey Chair | OfficerTrustee | 1 | $0 |
Blue Robert Vice Chair | OfficerTrustee | 1 | $0 |
Baker Mason Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bully Pulpit Interactive Llc Advertising | 12/30/23 | $949,510 |
Innovative Service Technology Management Office Services | 12/30/23 | $614,401 |
Grand Hyatt Conference Services | 12/30/23 | $496,923 |
The Westin Kierland Resort & Spa Conference Services | 12/30/23 | $332,243 |
Osibeyond Llc Information Technology | 12/30/23 | $326,547 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,239,164 |
| 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 | $1,239,164 |
| Total Program Service Revenue | $53,302,505 |
| Investment income | $2,581,226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,863 |
| Net Gain/Loss on Asset Sales | -$174,476 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,324,396 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,351,253 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $66,349 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $8,960,380 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,786,555 |
| Pension plan accruals and contributions | $2,501,991 |
| Other employee benefits | $1,485,122 |
| Payroll taxes | $1,273,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,875 |
| Fees for services: Lobbying | $2,158,471 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $458,549 |
| Fees for services: Other | $4,135,669 |
| Advertising and promotion | $0 |
| Office expenses | $813,768 |
| Information technology | $1,271,445 |
| Royalties | $0 |
| Occupancy | $4,292,286 |
| Travel | $1,481,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,553,017 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $451,519 |
| Insurance | $232,631 |
| All other expenses | $0 |
| Total functional expenses | $51,895,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,981 |
| Savings and temporary cash investments | $12,214,982 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $201,142 |
| 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 | $706,912 |
| Net Land, buildings, and equipment | $1,366,016 |
| Investments—publicly traded securities | $55,039,470 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,597,377 |
| Total assets | $96,168,880 |
| Accounts payable and accrued expenses | $12,398,709 |
| Grants payable | $0 |
| Deferred revenue | $4,104,325 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,327,569 |
| 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 | $25,297,589 |
| Total liabilities | $46,128,192 |
| Net assets without donor restrictions | $50,040,688 |
| 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 | $96,168,880 |
Grants Awarded
Over the last fiscal year, Nuclear Energy Institute has awarded $2,595,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN NUCLEAR SOCIETY PURPOSE: CONTRIBUTION | $90,000 |
CENTER FOR MILITARY RECRUITMENT ASSESSMENT AND VETERANS EMPLOYMENT (CMRAVE) PURPOSE: SPONSORSHIP | $10,000 |
CONGRESSIONAL SPORTSMEN'S FOUNDATION PURPOSE: CONTRIBUTION | $10,000 |
ENERGY INNOVATION REFORM PROJECT PURPOSE: SPONSORSHIP | $10,000 |
FOUNDATION FOR NUCLEAR STUDIES PURPOSE: SPONSORSHIP | $10,000 |
CONSERVATIVE CLIMATE FOUNDATION INC PURPOSE: SPONSORSHIP | $35,000 |