American Clean Power Association
- Assets
- $57.6m
- Revenue
- $62.3m
- Investments
- $0.0
- Employees
- 143
- Location
- Washington, DC
- Founding
- Data as of
- 12/2023
- EIN
- 85-3015279
Organization Overview
American Clean Power Association is located in Washington, DC. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, American Clean Power Association employed 143 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Clean Power Association 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, American Clean Power Association generated $62.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $56.0m during the year ending 12/2023. While expenses have increased by 19.7% per year over the past 3 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.
Since 2022, American Clean Power Association has awarded 12 individual grants totaling $925,568. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACP IS THE VOICE OF COMPANIES FROM THE CLEAN POWER SECTOR THAT ARE POWERING AMERICA'S FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC POLICY - SUPPORTS POLICIES TO ADVOCATE FOR THE INDUSTRY, WORKS AT A FEDERAL, REGIONAL, AND STATE LEVEL TO IMPLEMENT CONSTRUCTIVE POLICIES THAT CREATE LONG-TERM, STABLE MARKETS FOR THE RENEWABLE ENERGY INDUSTRY.
CONFERENCE AND EDUCATION - LINKS MEMBERS AND NON-MEMBERS WITH A STAKE IN THE CLEAN POWER MARKET. PROVIDES NETWORKING, EDUCATION AND SHOWCASES THE LATEST PRODUCTS AND SERVICES.
PUBLIC AFFAIRS - PROVIDES COORDINATED AND FOCUSED OUTREACH TO THE PUBLIC MEDIA AND STAKEHOLDER GROUPS THROUGH ITS PUBLICATIONS, REPORTS, NEWS RELEASES, WEBSITES AND PLANNED EVENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonardo Moreno Chair | OfficerTrustee | 1 | $0 |
Susan D Nickey Chair-Elect | OfficerTrustee | 1 | $0 |
Brian Van Abel Treasurer | OfficerTrustee | 1 | $0 |
John L Pemberton Secretary | OfficerTrustee | 1 | $0 |
Jason Allen Director | Trustee | 1 | $0 |
Hunter Armistead Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Western Ecosystems Technology Inc Consulting | 12/30/23 | $540,205 |
Icf Jones & Stokes Inc Consulting | 12/30/23 | $365,985 |
Cornerstone Government Affairs Consulting | 12/30/23 | $210,000 |
Penta Group Llc Consulting | 12/30/23 | $125,000 |
Astrape Consulting Consulting | 12/30/23 | $284,929 |
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 | $3,104,674 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,104,674 |
| Total Program Service Revenue | $56,436,167 |
| Investment income | $1,305,544 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $121,370 |
| Net Rental Income | $160,095 |
| Net Gain/Loss on Asset Sales | $302,447 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,214 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,259,131 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $69,073 |
| 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. | $5,890,013 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,055,537 |
| Pension plan accruals and contributions | $1,096,713 |
| Other employee benefits | $1,083,147 |
| Payroll taxes | $1,241,350 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $478,401 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $2,056,286 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $142,451 |
| Fees for services: Other | $5,200,967 |
| Advertising and promotion | $5,892,198 |
| Office expenses | $808,174 |
| Information technology | $1,720,591 |
| Royalties | $0 |
| Occupancy | $1,275,978 |
| Travel | $993,296 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,000,068 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $466,829 |
| Insurance | $68,120 |
| All other expenses | $227,204 |
| Total functional expenses | $56,043,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,846,085 |
| Savings and temporary cash investments | $6,780,375 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $688,051 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,521 |
| Inventories for sale or use | $15,518 |
| Prepaid expenses and deferred charges | $1,752,634 |
| Net Land, buildings, and equipment | $1,435,020 |
| Investments—publicly traded securities | $37,670,014 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,434,834 |
| Total assets | $57,626,052 |
| Accounts payable and accrued expenses | $8,548,024 |
| Grants payable | $236,000 |
| Deferred revenue | $13,919,689 |
| 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 | $141,346 |
| Other liabilities | $5,657,364 |
| Total liabilities | $28,502,423 |
| Net assets without donor restrictions | $26,947,457 |
| Net assets with donor restrictions | $2,176,172 |
| 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 | $57,626,052 |
Grants Awarded
Over the last fiscal year, American Clean Power Association has awarded $59,635 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
COAST GUARD FOUNDATION INC PURPOSE: PROGRAM SUPPORT | $10,000 |
CLEAN POWER INSTITUTE PURPOSE: PROGRAM SUPPORT | $49,635 |