Consortium For Energy Efficiency Inc
- Assets
- $4.6m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 29
- Location
- Middleton, MA
- Founding
- 06/1996
- Data as of
- 12/2022
- EIN
- 68-0257528
Organization Overview
Consortium For Energy Efficiency Inc is located in Middleton, MA. The organization was established in 1996. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2022, Consortium For Energy Efficiency Inc employed 29 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Consortium For Energy Efficiency Inc 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 12/2022, Consortium For Energy Efficiency Inc generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.4m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AT THE CONSORTIUM FOR ENERGY EFFICIENCY, LEADING UNITED STATES AND CANADIAN EFFICIENCY PROGRAM ADMINISTRATORS DEVELOP CONSENSUS-BASED STRATEGIES TO ACCELERATE ADOPTION OF CUTTING-EDGE ENERGY EFFICIENCY AND LOAD MANAGEMENT SOLUTIONS THAT BENEFIT ALL CUSTOMERS, REDUCE CARBON, AND IMPROVE THE RELIABILITY OF ENERGY DELIVERY SYSTEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT CEE, UTILITY EXPERTS AND PROGRAM ADMINISTRATORS MANAGED THE PIPELINE OF FUTURE RATEPAYER FUNDED INVESTMENT OPPORTUNITIES THROUGH THE EMERGING TECHNOLOGIES COLLABORATIVE. THESE MEMBERS EVALUATED NEW TECHNOLOGIES AND PROGRAM APPROACHES AGAINST HONED CRITERIA TO IDENTIFY OPPORTUNITIES FOR FUTURE ENERGY EFFICIENCY, DEMAND RESPONSE, AND DECARBONIZATION PROGRAMS TO SUCCEED.THE ORGANIZATION CONTINUED WORK TO UNDERSTAND, MEASURE, AND ACHIEVE THE NEW PUBLIC BENEFITS POSSIBLE FROM EFFICIENCY PROGRAMS IN THE CONTEXT OF INTEGRATED DEMAND SIDE MANAGEMENT. THESE INCLUDE AFFORDABILITY, EQUITY, RELIABILITY, RESILIENCY, DECARBONIZATION, AND MYRIAD NON-ENERGY IMPACTS. THIS FRAMEWORK MANIFESTS IN THE RESIDENTIAL SECTOR AS THE CEE INTEGRATED HOME AND IN THE COMMERCIAL AND INDUSTRIAL SECTOR AS DYNAMIC ENERGY MANAGEMENT. THE STRATEGIC ENERGY MANAGEMENT INITIATIVE PROVIDES AN ADDITIONAL APPLICATION TO ACHIEVE THIS BROADER SET OF IMPACTS.WITH AN EYE TO MARKET TRANSFORMATION, THE ORGANIZATION MAINTAINED MORE THAN A DOZEN ACTIVE COMMITTEES TO ADDRESS BEST PRACTICE FOR PROGRAM DESIGN, EVALUATION, AND TO SUPPORT PROGRAM ADMINISTRATORS IN APPLYING BEHAVIORAL SCIENCE TO THE DESIGN AND IMPLEMENTATION OF ENERGY SAVING PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Naomi Baum Director | Trustee | 1 | $0 |
Gilbert Archuleta Director | Trustee | 1 | $0 |
Steve Hobson Director | Trustee | 1 | $0 |
Rachel Huang Director | Trustee | 1 | $0 |
Garry Jones Director | Trustee | 1 | $0 |
Steve Lacey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,887,650 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $562,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,449,906 |
| Total Program Service Revenue | $0 |
| Investment income | $17,755 |
| 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 | $3,658,590 |
| 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. | $313,404 |
| Compensation of current officers, directors, key employees. | $307,136 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,703,527 |
| Pension plan accruals and contributions | $43,808 |
| Other employee benefits | $132,601 |
| Payroll taxes | $139,844 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $57,240 |
| Fees for services: Accounting | $36,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $80,804 |
| Advertising and promotion | $0 |
| Office expenses | $37,712 |
| Information technology | $136,708 |
| Royalties | $0 |
| Occupancy | $147,557 |
| Travel | $88,938 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $137,846 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,644 |
| Insurance | $20,451 |
| All other expenses | $8,039 |
| Total functional expenses | $3,391,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $223,121 |
| Savings and temporary cash investments | $3,400,000 |
| Pledges and grants receivable | $55,000 |
| Accounts receivable, net | $176,314 |
| 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 | $83,748 |
| Net Land, buildings, and equipment | $27,283 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $131,313 |
| Other assets | $518,884 |
| Total assets | $4,615,663 |
| Accounts payable and accrued expenses | $326,527 |
| Grants payable | $0 |
| Deferred revenue | $319,579 |
| 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 | $522,357 |
| Total liabilities | $1,168,463 |
| Net assets without donor restrictions | $2,698,206 |
| Net assets with donor restrictions | $748,994 |
| 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 | $4,615,663 |