Renewable Northwest Project
- Assets
- $1.9m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Portland, OR
- Founding
- 11/1997
- Data as of
- 12/2022
- EIN
- 91-1815618
Organization Overview
Renewable Northwest Project, operating under the name Renewable Northwest, is located in Portland, OR. The organization was established in 1997. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2022, Renewable Northwest employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renewable Northwest 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, Renewable Northwest generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. 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
RENEWABLE NW'S MISSION IS TO DECARBONIZE THE REGION BY ACCELERATING THE TRANSITION TO RENEWABLE ELECTRICITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RENEWABLE NORTHWEST HAS WORKED TO TRANSLATE RECENTLY PASSED CLEAN ENERGY LEGISLATION IN OREGON AND WASHINGTON INTO EARLY PROCUREMENT OF NEW CLEAN RESOURCES AND TO SUPPORT STATE REGULATORS' IMPLEMENTATION OF THESE STANDARDS. RENEWABLE NW ADVOCACY HAS RESULTED IN REGULATORY SUPPORT FOR PROCUREMENT OF 250 MWA OF NEW CLEAN RESOURCES BY PORTLAND GENERAL ELECTRIC AND GREATER THAN 1345 MW OF RENEWABLES PLUS 600 MW OF STORAGE BY PACIFICORP. RENEWABLE NW HELPED STEER THE DIRECTION OF WASHINGTON STATE AGENCIES' RULES ON CLEAN ENERGY TRANSFORMATION ACT COMPLIANCE, ADVOCATING FOR RULES THAT SUPPORT UTILITY PARTICIPATION IN REGIONAL MARKETS WHILE ALSO REQUIRING ROBUST UTILITY REPORTING. CONTINUED ON SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Capage Chair | OfficerTrustee | 1 | $0 |
Kevin Lynch Vice Chair | OfficerTrustee | 1 | $0 |
Sarah Qureshi Secretary | OfficerTrustee | 1 | $0 |
Kenneth Labeja Treasurer | OfficerTrustee | 1 | $0 |
Jon Chase Director | Trustee | 1 | $0 |
Anne Hedges Director | Trustee | 1 | $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 | $1,423,839 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,423,839 |
| Total Program Service Revenue | $0 |
| Investment income | $2,572 |
| 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 | $1,427,776 |
| 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. | $188,838 |
| Compensation of current officers, directors, key employees. | $103,861 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,389 |
| Pension plan accruals and contributions | $20,333 |
| Other employee benefits | $91,698 |
| Payroll taxes | $58,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,665 |
| Fees for services: Accounting | $32,699 |
| Fees for services: Lobbying | $153,246 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $134,027 |
| Advertising and promotion | $0 |
| Office expenses | $13,173 |
| Information technology | $19,901 |
| Royalties | $0 |
| Occupancy | $64,522 |
| Travel | $34,423 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,057 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,783 |
| Insurance | $2,646 |
| All other expenses | $4,986 |
| Total functional expenses | $1,435,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,811 |
| Savings and temporary cash investments | $1,317,184 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $0 |
| 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 | $14,011 |
| Net Land, buildings, and equipment | $12,651 |
| Investments—publicly traded securities | $113,683 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $195,108 |
| Total assets | $1,936,448 |
| Accounts payable and accrued expenses | $29,058 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $197,638 |
| Total liabilities | $226,696 |
| Net assets without donor restrictions | $1,170,124 |
| Net assets with donor restrictions | $539,628 |
| 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 | $1,936,448 |