Energy Storage Association Inc
- Assets
- $1.6m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 12
- Location
- Washington, DC
- Founding
- 08/1998
- Data as of
- 12/2021
- EIN
- 52-1984047
Organization Overview
Energy Storage Association Inc is located in Washington, DC. The organization was established in 1998. 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 12/2021, Energy Storage Association Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy Storage 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, Energy Storage Association Inc generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 8.2% 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
ESAS MISSION IS TO ACCELERATE THE WIDESPREAD USE OF COMPETITIVE AND RELIABLE ENERGY STORAGE SYSTEMS IN NORTH AMERICA. TO ACHIEVE THIS MISSION, ESA WILL EDUCATE STAKEHOLDERS, ADVOCATE FOR PUBLIC POLICIES, ACCELERATE MARKET GROWTH, AND DELIVER DIRECT MEMBER VALUE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION AND EVENTS PROGRAM: COMPRISED OF VIRTUAL AND IN-PERSON CONFERENCES/MEETINGS, WEBINARS, AND SEMINARS. THE PROGRAM IS DESIGNED TO EDUCATE POLICY MAKERS, THE ENERGY STORAGE INDUSTRY, ESA MEMBERS, AND THE PUBLIC TO SUPPORT THE WIDESPREAD ADOPTION OF COMPETITIVE, RELIABLE ENERGY STORAGE SYSTEMS IN THE U.S.
POLICY PROGRAM: THE POLICY PROGRAM ACTIVITIES ARE INTENDED TO ENSURE FAIR AND EQUAL ACCESS TO STORAGE TO THE GRID AND MARKETS, TO ENABLE COMPETITION IN ALL GRID PLANNING AND PROCUREMENTS, AND TO CAPTURE THE FULL VALUE OF ENERGY STORAGE.
RESEARCH AND PROGRAMS: COMPRISED OF WHITE PAPERS AND RESEARCH PAPERS DESIGNED TO EDUCATE POLICY MAKERS, THE ENERGY STORAGE INDUSTRY, ESA MEMBERS, AND THE PUBLIC TO SUPPORT WIDESPREAD ADOPTION OF COMPETITIVE, RELIABLE ENERGY STORAGE SYSTEMS IN THE U.S.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Burwen CEO | OfficerTrustee | 40 | $264,241 |
Rebecca Dietrich Vice President Operations | 40 | $252,600 | |
Marc Chupka Vp, Rsch And Prog | 40 | $143,894 | |
Brenda Lovell Membership Dir | 40 | $133,166 | |
Larissa Fair Marketing/comm Dir | 40 | $116,812 | |
Alexandra Briggs Marketing Director | 40 | $114,716 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
38 North Solutions Llc Consulting | 12/30/21 | $108,000 |
Aventura Catering | 12/30/21 | $249,338 |
Proserv Llc Event Management | 12/30/21 | $439,182 |
Lydon Fetterolf Corydon Pa Accounting | 12/30/21 | $113,321 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $210,355 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,386 |
| Total Program Service Revenue | $4,302,638 |
| Investment income | $146 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $331,289 |
| 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 | $4,849,459 |
| 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. | $565,173 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $791,522 |
| Pension plan accruals and contributions | $33,599 |
| Other employee benefits | $118,909 |
| Payroll taxes | $101,795 |
| Fees for services: Management | $529,994 |
| Fees for services: Legal | $102,697 |
| Fees for services: Accounting | $91,661 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $159,926 |
| Advertising and promotion | $213,627 |
| Office expenses | $20,136 |
| Information technology | $92,072 |
| Royalties | $0 |
| Occupancy | $294,933 |
| Travel | $22,960 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $649,046 |
| Interest | $7,867 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $51,453 |
| Insurance | $20,830 |
| All other expenses | $2,608 |
| Total functional expenses | $4,002,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,017,456 |
| Savings and temporary cash investments | $285,083 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $109,803 |
| 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 | $29,182 |
| Net Land, buildings, and equipment | $78,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,606 |
| Total assets | $1,551,923 |
| Accounts payable and accrued expenses | $167,287 |
| 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 | $27,147 |
| Unsecured mortgages and notes payable | $148,318 |
| Other liabilities | $120,405 |
| Total liabilities | $463,157 |
| Net assets without donor restrictions | $1,088,766 |
| 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 | $1,551,923 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Energy Storage Association Inc has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Electric Power Research Institute Inc Palo Alto, CA PURPOSE: CONTRIBUTION | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Craig-Botetourt Electric Co-Operative New Castle, VA | $37,707,997 | $13,868,268 |
Virginia Maryland Delaware Association Of Electric Cooperativ Glen Allen, VA | $4,896,321 | $7,911,064 |
Southeast Rural Community Assistance Project Inc Roanoke, VA | $8,928,556 | $6,797,376 |
Outdoor Power Equipment Institute Inc Alexandria, VA | $17,715,091 | $3,228,367 |
Electric Power Supply Association Washington, DC | $6,703,647 | $5,166,288 |
Independent Electrical Contractors Inc Arlington, VA | $3,195,715 | $4,728,698 |
International Bottled Water Association Alexandria, VA | $5,454,165 | $4,671,484 |
Energy Storage Association Inc Washington, DC | $1,551,923 | $4,849,459 |
Irrigation Association Fairfax, VA | $4,695,516 | $3,765,691 |
Americas Power Arlington, VA | $5,972,519 | $3,169,892 |
Highland Telephone Cooperative Monterey, VA | $8,649,834 | $3,001,352 |
Nassco Inc Frederick, MD | $2,678,240 | $2,314,341 |