Community Energy Project Inc
- Assets
- $2.0m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Portland, OR
- Founding
- 11/1991
- Data as of
- 06/2023
- EIN
- 94-3040817
Organization Overview
Community Energy Project Inc is located in Portland, OR. The organization was established in 1991. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. As of 06/2023, Community Energy Project Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Energy Project 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 06/2023, Community Energy Project Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $3.3m during the year ending 06/2023. While expenses have increased by 20.5% per year over the past 8 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
COMMUNITY ENERGY PROJECT BELIEVES THAT EVERYONE DESERVES A SAFE, HEALTHY, EFFICIENT HOME REGARDLESS OF INCOME. WE DO THIS THROUGH EDUCATION, HANDS-ON TRAINING, AND DISTRIBUTION OF WEATHERIZATION, AND LEAD POISONING PREVENTION MATERIALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHOLE HOME RETROFIT FUNDS CEP TO COMPLETE SUBSTANTIAL HOME REPAIRS FOR LOW INCOME AND BI-POC HOMEOWNERS. REPAIRS CAN INCLUDE HVAC, INSULATION, ROOFING, ETC. ALL FUNDING IS PROVIDED BY THE CITY OF PORTLAND, BUREAU OF PLANNING & SUSTAINABILITY, WHICH PCEF IS UNDER.
IN-HOME SAFETY REPAIR PROVIDES MINOR HOME REPAIRS TO HOMES OF LOW-INCOME FAMILIES OF SENIORS OR PERSONS WITH DISABILITIES. SERVICES INCLUDE: LIGHT BULB AND SMOKE DETECTOR REPLACEMENT, BATHROOM SAFETY BAR INSTALLATIONS, STAIR RAIL REPLACEMENT AND MORE. ALL PROJECTS ARE FUNDED BY THE HOUSING BUREAU.IN-HOME EXPANDED REPAIR EXTENDED SERVICES TO SENIOR HOMEOWNERS AT RISK FOR LOSING THEIR HOMES DUE TO DEFERRED MAINTENANCE ISSUES. SERVICES ARE OFFERED IN THE INTERSTATE AND LENTS URBAN RENEWAL CORRIDORS. ALL PROJECTS ARE FUNDED BY THE PORTLAND HOUSING BUREAU.
OTHER PROGRAMSIN-HOME WEATHERIZATION PROGRAM FOR HOMES OF LOW-INCOME FAMILIES OF SENIORS AND PEOPLE WITH DISABILITIES PROVIDES SMALL MEASURE WEATHERIZATION MEASURES AND ENERGY CONSERVATION INFORMATION AS APPROPRIATE. ALL PROJECTS ARE FUNDED BY CITY OF PORTLANDS HOUSING BUREAU.HOME ENERGY SCORING PROVIDES HOME ENERGY ASSESSMENTS TO LOW INCOME HOMEOWNERS LIVING IN THE CITY OF PORTLAND, HILLSBORO AND MILWAUKIE. ALL FUNDING IS PROVIDED BY THE CITY OF PORTLAND, CITY OF HILLSBORO, CITY OF MILWAUKIE AND INCENTIVES THROUGH ENERGY TRUST OF OREGON. HPWH INSTALLATION PROVIDES INSTALLATION OF HEAT PUMP WATER HEATERS TO LOW INCOME HOUSEHOLDS TO REDUCE UTILITY BILLS AND MAKE THE HOMES MORE ENERGY EFFICIENT. THE PROJECT IS CURRENTLY FUNDED BY THE ENERGY TRUST OF OREGON PORTLAND WATER BUREAU LEAK REPAIR PROVIDES FUNDING TO REPAIR WATER LEAKS, PLUMBING REPAIRS, AND INCREASE WATER EFFICIENCY TO LOW INCOME HOMEOWNERS. ALL PROJECTS ARE FUNDED BY THE PORTLAND WATER BUREAU.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charity Fain Executive Dir. | Officer | 40 | $124,055 |
Jeff Cole President | OfficerTrustee | 2 | $0 |
Ben Leung Treasurer | OfficerTrustee | 2 | $0 |
Marisa Decristoforo Director | Trustee | 1 | $0 |
Doug Bruchs Director | Trustee | 1 | $0 |
Renee Loveland Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Help Group Inc Home Repairs | 6/29/23 | $209,375 |
Great Northwest Installations Llc Install Water Heaters | 6/29/23 | $240,393 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,872,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $255,190 |
| Noncash contributions included in lines 1a–1f | $5,225 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,127,838 |
| Total Program Service Revenue | $0 |
| Investment income | $5,950 |
| 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 | $3,133,966 |
| 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. | $157,113 |
| Compensation of current officers, directors, key employees. | $31,423 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,276,664 |
| Pension plan accruals and contributions | $37,436 |
| Other employee benefits | $107,238 |
| Payroll taxes | $145,274 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,201,227 |
| Advertising and promotion | $0 |
| Office expenses | $60,165 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $107,142 |
| Travel | $9,430 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,669 |
| Interest | $19,065 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,401 |
| Insurance | $15,867 |
| All other expenses | $0 |
| Total functional expenses | $3,273,869 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,168 |
| Savings and temporary cash investments | $150,781 |
| Pledges and grants receivable | $248,512 |
| 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 | $4,682 |
| Prepaid expenses and deferred charges | $13,876 |
| Net Land, buildings, and equipment | $21,508 |
| Investments—publicly traded securities | $412,656 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $335,232 |
| Total assets | $1,994,415 |
| Accounts payable and accrued expenses | $98,046 |
| 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 | $990,753 |
| Total liabilities | $1,088,799 |
| Net assets without donor restrictions | $806,034 |
| Net assets with donor restrictions | $99,582 |
| 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 | $1,994,415 |