American Council For An Energy Efficient Economy
- Assets
- $19.7m
- Revenue
- $13.8m
- Investments
- $0.0
- Employees
- 98
- Location
- Washington, DC
- Founding
- 02/1981
- Data as of
- 12/2023
- EIN
- 94-2711707
Organization Overview
American Council For An Energy Efficient Economy is located in Washington, DC. The organization was established in 1981. According to its NTEE Classification (C01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Environment and related organizations. As of 12/2023, American Council For An Energy Efficient Economy employed 98 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Council For An Energy Efficient Economy 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 12/2023, American Council For An Energy Efficient Economy generated $13.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $13.9m during the year ending 12/2023. While expenses have increased by 6.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ACEEE SEEKS TO DEVELOP POLICIES TO REDUCE ENERGY WASTE AND COMBAT CLIMATE CHANGE. ITS INDEPENDENT ANALYSIS ADVANCES INVESTMENTS, PROGRAMS, AND BEHAVIORS THAT USE ENERGY MORE EFFICIENTLY AND HELP BUILD AN EQUITABLE CLEAN ENERGY FUTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND OUTREACH - ENERGY EFFICIENCY IS ESSENTIAL TO COMBATING CLIMATE CHANGE. IT CAN HALVE ENERGY USE AND EMISSIONS, GETTING US HALFWAY TO U.S. CLIMATE GOALS. OUR RESEARCH FOCUSES ON THE ROLE EFFICIENCY CAN PLAY IN THE U.S., DOCUMENTING SUCCESSFUL PROGRAMS AND POLICIES AND LESSONS LEARNED, AND WAYS TO ADDRESS CHALLENGES. ALL OF OUR WORK IS GROUNDED IN A FOUNDATION OF EQUITY AND ACCESS TO A CLEAN ENERGY ECONOMY.
CONFERENCES - WE SPARK ADVANCEMENTS IN INNOVATIVE TECHNOLOGIES, POLICIES, AND PROGRAMS BY CONVENING THOUSANDS OF PEOPLE AT OUR CONFERENCES AND VIRTUAL EVENTS EACH YEAR. WE HOLD ROUGHLY 20 WEBINARS ANNUALLY TO DISCUSS OUR RESEARCH AND RELATED TOPICS. IN TYPICAL YEARS, WE HOLD 3-4 CONFERENCES ON TOPICS SUCH AS BUILDING AND INDUSTRIAL EFFICIENCY, HOT WATER AND HOT AIR, AND ENERGY EFFICIENCY AS A RESOURCE.
POLICY ADVOCACY - WE HELP ADVANCE EFFICIENCY PROGRAMS AND POLICIES BY ADVISING AGENCIES ON IMPLEMENTATION AND ASSISTING WITH DEVELOPMENT OF LAWS REQUIRING ENERGY-EFFICIENT EQUIPMENT AND PROMOTING EFFICIENCY IN INDUSTRY, TRANSPORTATION AND NEW AND EXISTING BUILDINGS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharyn Barata Director | Trustee | 2 | $0 |
Janice Berman Director | Trustee | 2 | $0 |
Scott Bernstein President | OfficerTrustee | 2 | $0 |
Rosa Cassidy Director | Trustee | 2 | $0 |
Benjamin DE La Pena Director | Trustee | 2 | $0 |
Mandy Mahoney Director (2/2023 - 6/2023) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Boundary Stone Partners Llc Strategic Advisor | 12/30/23 | $200,000 |
Hr&a Inc Advisory Services | 12/30/23 | $141,511 |
Emerald Cities Collaborative Project Research | 12/30/23 | $143,738 |
Scurry Street Meeting Management Ll Meeting/event Management | 12/30/23 | $106,545 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,231,325 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,733,107 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,964,432 |
| Total Program Service Revenue | $4,628,065 |
| Investment income | $134,334 |
| 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 | $13,757,064 |
| 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 | $290,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $824,775 |
| Compensation of current officers, directors, key employees. | $303,511 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,617,333 |
| Pension plan accruals and contributions | $387,709 |
| Other employee benefits | $1,968,510 |
| Payroll taxes | $563,929 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,786 |
| Fees for services: Accounting | $30,323 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,046,373 |
| Advertising and promotion | $0 |
| Office expenses | $253,266 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $658,607 |
| Travel | $177,670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $872,671 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,727 |
| Insurance | $20,198 |
| All other expenses | $0 |
| Total functional expenses | $13,948,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $446,080 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,489,177 |
| 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 | $220,655 |
| Net Land, buildings, and equipment | $848,014 |
| Investments—publicly traded securities | $9,833,135 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,891,994 |
| Total assets | $19,729,055 |
| Accounts payable and accrued expenses | $1,025,079 |
| Grants payable | $0 |
| Deferred revenue | $1,364,758 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $137,185 |
| 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 | $6,369,483 |
| Total liabilities | $8,896,505 |
| Net assets without donor restrictions | $5,769,836 |
| Net assets with donor restrictions | $5,062,714 |
| 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 | $19,729,055 |