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Regulatory Assistance Project

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 010471151 ✦ Montpelier, VT ✦ Designated as a 501(c)(3)

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Overview

What is Regulatory Assistance Project?

Regulatory Assistance Project (RAP) is a global nonprofit organization based in Montpelier, Vermont, dedicated to promoting clean, reliable, equitable, and cost-effective energy solutions. With a team of experts, RAP partners with decision-makers to develop practical, data-driven solutions that not only address cost-effectiveness and reliability concerns but also foster stronger, more equitable communities. RAP's mission involves educating policymakers, navigating complex energy policy creation and negotiation, and collaborating with stakeholders to spark passion and commitment in the clean energy sector. With 31 employees, RAP is committed to advancing policy innovation, education, and thought leadership within the energy community to create a sustainable, clean energy future.


Official website here: www.raponline.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Stars)

The Regulatory Assistance Project has received a strong Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. The organization scored particularly well in several key areas, such as having an independent board comprised entirely of independent members, and a robust program expense ratio of over 82%. This indicates a commitment to utilizing the majority of its resources towards its mission.

The financial health of the Regulatory Assistance Project is demonstrated through its impeccable scores in various metrics, including a low liabilities to assets ratio and minimal fundraising costs. Additionally, the organization has implemented policies for conflict of interest and whistleblower protections, assuring transparency and ethical oversight in its operations.

While the organization excels in accountability and finance, the feedback does not highlight any specific weaknesses or areas needing improvement. Overall, the Regulatory Assistance Project stands out as a well-managed nonprofit, dedicated to its objectives with a strong framework for governance and financial responsibility.


This AI summary has been generated from information found on Charity Navigator.

Is Regulatory Assistance Project legitimate?

Regulatory Assistance Project is a legitimate nonprofit organization registered as a 501(c)(3) entity. Regulatory Assistance Project submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,370,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,697,444

For more financial information, click here


Official website here: www.raponline.org

What is the mission statement of Regulatory Assistance Project?

The Regulatory Assistance Project, an international organization, focuses on policy innovation, education, and thought leadership within the energy community, striving for a clean, reliable, equitable, and cost-effective energy future. The organization's team of experts partners with decision-makers to develop data-informed, practical solutions that are not only cost-effective and reliable but also enhance community strength and equity. By educating policymakers, the Regulatory Assistance Project aids them in navigating the complex world of clean energy policy creation and negotiation. The organization is also actively engaged in inspiring the commitment of the stakeholder community.


Official website here: www.raponline.org

Who is the CEO of Regulatory Assistance Project?

Noelle Mackay is the President & Ceo of Regulatory Assistance Project. The CEO's salary of Regulatory Assistance Project is $259,121 and their total compensation is $300,835.


Official website here: www.raponline.org

What is the revenue of Regulatory Assistance Project?

Regulatory Assistance Project's revenue in 2022 was $11,298,973.


Official website here: www.raponline.org

Who are the executives of Regulatory Assistance Project and what are their salaries?

The average compensation at Regulatory Assistance Project during 2022 was $98,980. There are 31 employees and 5 volunteers at Regulatory Assistance Project.


Here are 20 key members and their salaries (Regulatory Assistance Project's CEO's salary is $259,121 and their total compensation is $300,835):


Richard Sedano (President & Ceo)
  • Compensation: $259,121
  • Related: $0
  • Other: $41,714
Frederick W Weston (Principal)
  • Compensation: $216,768
  • Related: $0
  • Other: $19,233
Noelle Mackay (Chief Operating Officer)
  • Compensation: $189,000
  • Related: $0
  • Other: $37,750
David Farnsworth (Principal)
  • Compensation: $175,233
  • Related: $0
  • Other: $34,050
Max Dupuy (Principal)
  • Compensation: $185,106
  • Related: $0
  • Other: $11,857
Michelle A Schmitt-Mahoney (Principal)
  • Compensation: $156,192
  • Related: $0
  • Other: $37,422
Rebecca Wigg (Communications Director)
  • Compensation: $145,060
  • Related: $0
  • Other: $10,425
Cheryl Gilbert (Finance Director)
  • Compensation: $135,164
  • Related: $0
  • Other: $18,695
Carl B Linvill (Principal)
  • Compensation: $137,673
  • Related: $0
  • Other: $11,570
Camille Kadoch (Senior Associate)
  • Compensation: $130,830
  • Related: $0
  • Other: $9,151
Mark Lebel (Associate)
  • Compensation: $129,704
  • Related: $0
  • Other: $8,825
Amanda Ormond (Chair)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Peter Bradford (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Franklin Tugwell (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0
Macky Mcleary (Director (From Jun '22))
  • Compensation: $1,500
  • Related: $0
  • Other: $0
Miranda Schreurs (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Ogden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colin Owyang (Director (From Jun '22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Wall (Director (To Jun '22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Wenger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.raponline.org

Where can I find the form 990 for Regulatory Assistance Project?

Regulatory Assistance Project's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.raponline.org

Learn more at the official website: www.raponline.org

Mission Statement of Regulatory Assistance Project

The Regulatory Assistance Project (RAP) is an international organization dedicated to advancing innovative, educational, and thought-provoking policy within the energy sector. Their mission is to create a clean, reliable, equitable, and cost-effective energy future. RAP is composed of a team of experts who partner with decision-makers to develop data-informed, practical solutions. They strive to create solutions that are not only cost-effective and reliable, but also foster stronger, more equitable communities.

In the realm of clean energy policy, RAP educates policymakers and guides them through the complex world of negotiations. They are a committed and engaged partner, working tirelessly to spark passion and commitment within the stakeholder community. By offering research and solutions that are both data-driven and pragmatic, RAP aims to empower policymakers to make informed decisions that will shape the future of energy.

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Impact




June, 2024

Regulatory Assistance Project (RAP) has a significant impact on the energy community by advancing policy innovation, providing education, and offering thought leadership. RAP assists decision-makers in navigating the complexities of the clean energy transformation, helping states and cities deploy new technologies and best practices while protecting system reliability and consumer interests. Their work also aims to improve environmental performance, making energy systems cleaner, more reliable, and more cost-efficient. Through their team of experts, RAP contributes to the development of data-informed solutions that create stronger, more equitable communities.




This information is meant to be a general summary of Regulatory Assistance Project. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,298,973 (2022)
Expenses
$8,639,220 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $41,078
  • Program Service Revenue: $723,291
  • Gross Receipts: $11,298,973

Assets and Liabilities:

  • Total Assets: $12,227,815
  • Total Liabilities: $1,925,104
  • Net Assets: $10,302,711

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$723,291

Organization Details

Founding Year

1992

Principal Officer

Noelle Mackay

Main Address

50 STATE STREET 3, MONTPELIER, VT, 05602

NTEE Category

Code: C40Z - Environment

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