Energy For Common Good Inc

Organization Overview

Energy For Common Good Inc is located in Concord, MA. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Energy For Common Good Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Energy For Common Good 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 12/2021, Energy For Common Good Inc generated $1.0m in total revenue.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATING NON-GOVERNMENTAL ORGANIZATIONS ON THE PUBLIC BENEFITS OF UBIQUITIOUS ENERGY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ENERGY FOR THE COMMON GOOD IS A NONPROFIT ORGANIZATION UNIQUELY POSITIONED TO ADVANCE THE ACCEPTANCE OF FUSION ENERGY AS AN INTEGRAL PART OF A CLEAN ENERGY ECONOMY. WE ARE A TEAM WITH A HISTORY AND FOCUS ON BUILDING REPLACEMENT MARKETS FOR FOSSIL FUEL IN RESPONSE TO AN ADVANCING CLIMATE CHANGE TIMELINE. THE PERSISTENT GAP BETWEEN RENEWABLE ENERGY AND FOSSIL GENERATION ALLOWS ITS CONTINUED DOMINANCE OVER THE WORLD'S EXPANDING ENERGY NEEDS. FUSION'S ABILITY TO REPLACE FOSSIL DEMANDS THAT WE LAUNCH A COORDINATED CAMPAIGN TO PREPARE ITS FUTURE MARKET.ECG HAS AN EXPERIENCED TEAM IN THE AREAS OF GOVERNMENT RELATIONS, ACADEMIC AND NON-PROFIT OPERATIONS, ENERGY RESEARCH, CLIMATE OUTREACH, AND UTILITY SCALE PROJECT DEVELOPMENT. OUR BELIEF THAT FUSION IS A CLIMATE MITIGATION NECESSITY IS FOUNDED BY CAREERS SPANNING ALL ASPECTS OF RENEWABLE AND CLEAN ENERGY, FROM ADVOCATING FOR THE POLICIES AND INCENTIVES CREATING EARLY MARKETS FOR RENEWABLES, TO TECHNICAL PROJECT DEVELOPMENT NAVIGATING THE COMPLEXITIES OF PROJECT FINANCING, PLANT SITING, AND GRID TRANSMISSION NEEDS. OUR EXPERIENCE IN THESE AREAS GIVES US THE CONFIDENCE TO LAUNCH A TARGETED "HEARTS AND MINDS" CAMPAIGN TO DEVELOP A SOCIAL AND ECONOMIC ENGAGEMENT STRATEGY THAT WILL LAY THE PROPER GROUNDWORK FOR THE FUTURE OFFUSION ENERGY.FUSION ENERGY HAS THE POTENTIAL TO SIGNIFICANTLY ALTER THE FIGHT AGAINST CLIMATE CHANGE BUT ONLY IF WE BEGIN IMPLEMENTATION NOW ON AN ACCELERATED, STRATEGIC ROADMAP TO SUPPORT THE DEVELOPMENT, ADOPTION, AND EXPANSION OF THIS ZERO-CARBON, DENSE, EFFICIENT POWER SOURCE. ECG IS ENGAGING NGOS, INDUSTRY, GOVERNMENT, SCIENTISTS, AND INDIVIDUALS TO BUILD AWARENESS AND SUPPORT FOR FUSION ENERGY AND ENSURE THAT THE MEANS FOR RAPID DEVELOPMENT AND DEPLOYMENT ARE IN PLACE WELL BEFORE THE FIRST COMMERCIAL FUSION DEVICESARE BUILT.OUR TEAM'S NETWORK AND EXPERIENCE ALLOW ECG TO PROVIDE THE NECESSARY STRUCTURES TO CONNECT FUSION STAKEHOLDERS, ECG PLAYS A PIVOTAL ROLE IN SETTING THE STAGE FOR BROAD ACCEPTANCE OF FUSION, A MEANS FOR ACTIONABLE COLLABORATION WITHIN ENERGY PLANNING THAT IS ESSENTIAL TO THE ROLLOUT OF FUSION ENERGY ACROSS ALL RELEVANT POWER SEGMENTS, GROWING FUSION'S MARKETS WITH PUBLIC SUPPORT.


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Board, Officers & Key Employees

Name (title)Compensation
Jane Hotchkiss
CEO
$239,583
Wallace Johnston
CFO
$176,291
Karen Gibson
Director Of Operations
$110,374
V John White
Secretary
$0
Philippe Frangules
Chairperson
$0
Amy C Roma
Treasurer
$0

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$1,003,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,003,500
Total Program Service Revenue$0
Investment income $0
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 $1,003,500

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