National Association Of Energy Service Companies
- Assets
- $1.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 4
- Location
- Washington, DC
- Founding
- 03/1984
- Data as of
- 12/2023
- EIN
- 52-1318222
Organization Overview
National Association Of Energy Service Companies is located in Washington, DC. The organization was established in 1984. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, National Association Of Energy Service Companies employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Association Of Energy Service Companies 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, National Association Of Energy Service Companies generated $2.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 5.1% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
NAESCOS MISSION IS TO PROMOTE THE DELIVERY OF COMPREHENSIVE ENERGY SERVICES INCLUDING ENERGY EFFICIENCY BY ENERGY SERVICE COMPANIES (ESCOS) TO MAXIMIZE CUSTOMER ENERGY AND DOLLAR SAVINGS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NAESCO CONDUCTS AN ACCREDITATION PROGRAM THAT PROVIDES USERS OF ENERGY EFFICIENCY SERVICES CONFIDENCE IN THEIR EFFICIENCY SERVICE PROVIDER. NAESCO ADVOCATES AND DEVELOPS POLICIES THAT ENCOURAGE ENERGY EFFICIENT PROJECT IMPLEMENTATION AND THE CREATION OF LONG-TERM VALUE FOR RATEPAYERS AND SOCIETY AS A WHOLE.
NAESCO PROVIDES ITS MEMBERSHIP WITH SPECIAL INDUSTRY INFORMATION AND ALERTS COVERING MARKET GROWTH, OPPORTUNITIES AND DEVELOPMENT, AS WELL AS PRODUCES A PERIODICAL NEWSLETTER THAT FOCUSES ON INDUSTRY ACTIVITY. NAESCO MAINTAINS A WEB SITE WITH INFORMATION ABOUT THE ENERGY EFFICIENCY INDUSTRY PROVIDING INFORMATION FOR THE PUBLIC ABOUT ENERGY EFFICIENCY PROJECT IMPLEMENTATION AND THE CHANGING ENERGY EFFICIENCY POLICIES AND PROGRAMS CONDUCTED BY THE FEDERAL, STATE AND LOCAL GOVERNMENTS.
IN 2023, NAESCO HOSTED SEVERAL LIVE IN PERSON MEETINGS. WE HELD OUR FEDERAL WORKSHOP IN MARCH, OUR JUNE MEMBERS MEETING AND OUR ANNUAL NOVEMBER MEETING. WE ALSO HELD 4 LIVE REGIONAL MEETINGS. WE CONTINUE TO HAVE ROBUST ATTENDANCE AT OUR WEBINARS, AND TYPICALLY DO TWO PER MONTH. ATTENDANCE AT LIVE EVENTS WAS VERY STRONG IN 2023, WITH ABOUT 350 ATTENDEES AT OUR LARGEST EVENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Unruh Executive Director | Officer | 40 | $352,321 |
Natasha Shah Director | OfficerTrustee | 40 | $202,000 |
Heidi Kurtz Sr Director Of Membership An | Officer | 40 | $126,729 |
Michelle Yoon Manager Of Operations | Officer | 40 | $95,143 |
Ron Haxton Director | Trustee | 1 | $0 |
J Cameron Hardin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Predicate Llc Consulting | 12/30/21 | $150,100 |
Kglobal Llc Communications | 12/30/21 | $103,540 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,119 |
| 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 | $8,119 |
| Total Program Service Revenue | $2,363,943 |
| Investment income | $41,804 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$9,344 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,423,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,200 |
| 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. | $776,193 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,040 |
| Pension plan accruals and contributions | $71,200 |
| Other employee benefits | $113,676 |
| Payroll taxes | $47,443 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,400 |
| Fees for services: Accounting | $52,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,400 |
| Fees for services: Other | $567,924 |
| Advertising and promotion | $0 |
| Office expenses | $50,615 |
| Information technology | $4,241 |
| Royalties | $0 |
| Occupancy | $24,300 |
| Travel | $89,912 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $400,160 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,383 |
| Insurance | $15,814 |
| All other expenses | $0 |
| Total functional expenses | $2,311,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $181,938 |
| Savings and temporary cash investments | $543,427 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,368 |
| 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 | $72,948 |
| Net Land, buildings, and equipment | $5,056 |
| Investments—publicly traded securities | $1,050,180 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,488 |
| Other assets | $0 |
| Total assets | $1,862,405 |
| Accounts payable and accrued expenses | $87,373 |
| Grants payable | $0 |
| Deferred revenue | $229,495 |
| 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 | $316,868 |
| Net assets without donor restrictions | $1,545,537 |
| 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 | $1,862,405 |
Grants Awarded
Over the last fiscal year, National Association Of Energy Service Companies has awarded $12,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BCSE FOUNDATION PURPOSE: Support for federal energy efficiency | $7,000 |
NEW ORLEANS EAST HOSPITAL FDN PURPOSE: Event funding | $5,000 |