Portland Energy Conservation Inc
- Assets
- $1.5m
- Revenue
- $38.5k
- Investments
- $165.1k
- Employees
- 4
- Location
- Portland, OR
- Founding
- 12/1980
- Data as of
- 12/2021
- EIN
- 93-0770824
Organization Overview
Portland Energy Conservation Inc, operating under the name Peci, is located in Portland, OR. The organization was established in 1980. 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 12/2021, Peci employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peci 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, Peci generated $38.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (34.9%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Peci has awarded 27 individual grants totaling $2,650,059. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLICY - AS PART OF ITS POLICY PROGRAM, PECI IS FOCUSED ON PARTNERING WITH OTHER NONPROFITS IN ADDRESSING TRANSPORTATION DECARBONIZATION AND REDUCING THE CLIMATE IMPACT OF BUILDINGS. THIS WORK WILL HELP ADVANCE ENERGY-RELATED POLICIES THAT WILL HELP ADDRESS CLIMATE CHANGE WHILE INTEGRATING EQUITY CONSIDERATIONS. IN 2019, AS PART OF ITS POLICY PROGRAM, PECI SELECTED SIX NONPROFITS TO RECEIVE GRANT FUNDS TO ACCOMPLISH WORK IN THE SUSTAINABLE ENERGY AND CLIMATE CHANGE SPACE. REFER TO SCHEDULE I FOR MORE DETAILS.
OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Potter President | 1 | $0 | |
Susan Anderson Director | 1 | $0 | |
Stephen Eichenlaub Treasurer | 1 | $0 | |
Esther Pullido Director | 1 | $0 | |
Nancy Hamilton Secretary | 1 | $0 | |
Jaimes Valdez Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fluid Market Strategies Subcontractor | 12/30/14 | $2,226,234 |
Conservation Services Group Subcontractor | 12/30/14 | $914,493 |
Feit Electric Company Subcontractor | 12/30/14 | $532,941 |
Energy Federation Inc Subcontractor | 12/30/14 | $505,110 |
Sc Engineers Inc Subcontractor | 12/30/14 | $428,614 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,303 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,229 |
| Capital Gain Net Income | $32,229 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $995 |
| Depreciation | $0 |
| Occupancy | $4,082 |
| Travel, conferences, and meetings | $182 |
| Printing and publications | $0 |
| Other expenses | $6,829 |
| Total operating and administrative expenses | $132,480 |
| Contributions, gifts, grants paid | $884,945 |
| Total expenses and disbursements | $1,017,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,182 |
| Savings and temporary cash investments | $1,237,831 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $45,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $165,133 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $8,799 |
| Total assets | $1,546,945 |
| Accounts payable and accrued expenses | $9,597 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,597 |
Grants Awarded
Over the last fiscal year, Portland Energy Conservation Inc has awarded $884,945 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Seattle, WA PURPOSE: ENERGY REGULATION AND POLICY IMPLEMENTATION. | $219,000 |
Portland, OR PURPOSE: CLIMATE IMPACT OF BUILDINGS | $202,500 |
CLIMATE SOLUTIONS PURPOSE: TRANSPORTATION DECARBONIZATION | $155,000 |
VERDE INC PURPOSE: ENVIRONMENTAL JUSTICE | $105,059 |
Portland, OR PURPOSE: ENVIRONMENTAL JUSTICE | $54,341 |
San Rafael, CA PURPOSE: CLIMATE LEADERSHIP FELLOWS PROGRAM. | $50,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Portland Energy Conservation Inc has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Bonneville Environmental Foundation Portland, OR PURPOSE: COMMUNITY AND CURRICULUM DEVELOPMENT FOR TIER PROJECT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Energy Coalition Irvine, CA | $17,114,410 | $15,434,629 |
Solutions Project Inc Oakland, CA | $43,392,918 | $7,109,557 |
Energy Action Fund San Francisco, CA | $13,042,856 | $15,440,948 |
Californias For Energy Independence San Rafael, CA | $5,056,304 | $11,791,038 |
Calcef Innovations Oakland, CA | $15,783,035 | $8,813,623 |
Global Alliance For Incinerator Alternatives Berkeley, CA | $3,935,588 | $4,680,505 |
Climate Action Reserve Los Angeles, CA | $8,572,004 | $4,530,759 |
Green Building Initiative Inc Portland, OR | $9,419,082 | $7,219,837 |
Western Climate Initiative Inc Sacramento, CA | $14,036,664 | $9,896,538 |
Gridlab Inc Berkeley, CA | $780,147 | $2,004,474 |
California Solar Energy Industries Association Sacramento, CA | $1,192,510 | $3,375,125 |
California Power Exchange Corporation Woodland Hills, CA | $0 | $3,355,148 |