Americans For A Clean Energy Grid
- Assets
- $1.6m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 1
- Location
- Arlington, VA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-1765854
Organization Overview
Americans For A Clean Energy Grid is located in Arlington, VA. The organization was established in 2019. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Americans For A Clean Energy Grid 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, Americans For A Clean Energy Grid generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 35.2% each year . All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 38.5% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACEG'S MISSION IS TO EDUCATE STAKEHOLDERS AND THE PUBLIC TO SUPPORT POLICIES AND REGULATIONS FAVORING THE EXPANSION, MODERNIZATION, AND INTEGRATION OF THE HIGH-VOLTAGE ELECTRIC TRANSMISSION GRID TO ACHIEVE A CLEAN ENERGY ECONOMYONE THAT ATTAINS THE SCIENTIFICALLY-VALIDATED GLOBAL OBJECTIVE OF REDUCING GREENHOUSE GAS EMISSIONS BY 80%.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FERC ENGAGEMENT. ACEG HELD MEETINGS WITH FERC COMMISSIONERS AND STAFF TO DISCUSS ACEG'S RECOMMENDATIONS ABOUT HOW THE COMMISSION CAN ADVANCE TRANSMISSION. ACEG SUBMITTED COMMENTS ON DOCKETS INCLUDING ITS ADVANCED NOTICE OF PROPOSED RULEMAKING ON TRANSMISSION, REVIEWED FERC TECHNICAL MATERIALS, AND PREPARED REPORTS FOR FERC STAFF RELATED TO ITS TRANSMISSION POLICIES.
SITING AND PERMITTING. ACEG WORKED TO ADVANCE TRANSMISSION SITING AND PERMITTING REFORMS BY ANALYZING STATE AND FEDERAL TRANSMISSION PERMITTING POLICIES TO FIND OPPORTUNITIES FOR IMPROVEMENT, HELPING STAKEHOLDERS UNDERSTAND DEPARTMENT OF INTERIOR AND OTHER FEDERAL AGENCY TRANSMISSION PERMITTING POLICIES AND IMPLEMENTATION OF FEDERAL BACKSTOP TRANSMISSION SITING PROVISIONS IN THE INVESTMENT INFRASTRUCTURE AND JOBS ACT (IIJA) AT DEPARTMENT OF ENERGY (DOE) AND FERC, COORDINATING THE WORK OF A SITING AND PERMITTING COMMITTEE, AND HELPING STAKEHOLDERS UNDERSTAND TRANSMISSION PLANNING AND PERMITTING FUNCTIONS. ACEG SUBMITTED COMMENTS ON MULTIPLE DOE PROGRAMS AIMED AT FACILITATING SITING AND PERMITTING TRANSMISSION LINES.
POLICYMAKER EDUCATION. ACEG ORGANIZED SEVERAL MEETINGS WITH EXECUTIVE AND LEGISLATIVE OFFICIALS AND STAFF, AND RELEVANT ENERGY AND CLIMATE-RELATED COMMITTEES TO EDUCATE THEM ABOUT ACEG'S MISSION AND THE IMPORTANCE OF TRANSMISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Gasteiger Director | Trustee | 1 | $0 |
Jessica Eckdish Director | Trustee | 1 | $0 |
Christina Hayes Director | Trustee | 40 | $123,900 |
Adrienne Mouton-Henderson Director | Trustee | 1 | $0 |
Nicole Luckey Director | Trustee | 1 | $0 |
Bob Dean Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
David Gardiner And Associates Llc Provided Programmatic Support | 12/30/22 | $275,829 |
Grid Strategies Llc Provided Programmatic Support | 12/30/22 | $225,205 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,192,349 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,192,349 |
| Total Program Service Revenue | $0 |
| Investment income | $1,425 |
| 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 | $1,193,774 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $123,900 |
| Pension plan accruals and contributions | $5,379 |
| Other employee benefits | $0 |
| Payroll taxes | $10,644 |
| Fees for services: Management | $1,554 |
| Fees for services: Legal | $217,500 |
| Fees for services: Accounting | $8,438 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $553,129 |
| Advertising and promotion | $0 |
| Office expenses | $11,998 |
| Information technology | $1,539 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,226 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $10,565 |
| Total functional expenses | $1,218,299 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,534,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $30,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,564,195 |
| Accounts payable and accrued expenses | $41,644 |
| Grants payable | $0 |
| Deferred revenue | $1,150,000 |
| 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 | $1,191,644 |
| Net assets without donor restrictions | $0 |
| 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 | $372,551 |
| Total liabilities and net assets/fund balances | $1,564,195 |