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Harvard Dedicated Energy Limited

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

EIN: 030425512 ✦ Cambridge, MA ✦ Designated as a 501(c)(3)

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Overview

What is Harvard Dedicated Energy Limited?

Harvard Dedicated Energy Limited is a nonprofit entity situated in Cambridge, Massachusetts, specifically at 1033 Massachusetts Avenue, 3rd Floor. Its primary mission is to procure wholesale power resources for Harvard University, an esteemed institution governed by the President and Fellows of Harvard College. The organization's purpose is to ensure a stable and reliable energy supply for Harvard University, providing essential power for its various operations.

Is Harvard Dedicated Energy Limited legitimate?

Harvard Dedicated Energy Limited is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harvard Dedicated Energy Limited 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Harvard Dedicated Energy Limited?

Harvard Dedicated Energy Limited's mission is primarily focused on procuring wholesale power for Harvard University. This organization exists with the main objective of meeting the energy needs of the esteemed educational institution, thereby ensuring its smooth operation. By purchasing wholesale power, Harvard Dedicated Energy Limited plays a crucial role in supporting the academic and research activities at Harvard University.

Who is the CEO of Harvard Dedicated Energy Limited?

Unavailable

What is the revenue of Harvard Dedicated Energy Limited?

Harvard Dedicated Energy Limited's revenue in 2022 was $2,152,063.

Who are the executives of Harvard Dedicated Energy Limited and what are their salaries?


Here are 4 key members and their salaries:


Audrey K Wang (Clerk)
  • Compensation: $0
  • Related: $302,658
  • Other: $37,513
Douglas C Garron (Vice President And Director)
  • Compensation: $0
  • Related: $302,478
  • Other: $66,049
Meredith Weenick (President And Director)
  • Compensation: $0
  • Related: $473,180
  • Other: $46,017
Paul Massaro (Vice President And Treasurer)
  • Compensation: $0
  • Related: $292,205
  • Other: $65,871
Where can I find the form 990 for Harvard Dedicated Energy Limited?

Harvard Dedicated Energy Limited's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Harvard Dedicated Energy Limited

Harvard Dedicated Energy Limited, a notable entity, is established with a specific purpose. Its mission is centered around procuring wholesale power supplies for Harvard University, also known as the President and Fellows of Harvard College. This organization's primary role is to meet the energy needs of this prestigious educational institution, ensuring a reliable power source for its operations. By purchasing wholesale power, Harvard Dedicated Energy Limited plays a crucial role in supporting the academic activities and daily operations at Harvard University.

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Impact




October, 2024

Harvard Dedicated Energy Limited plays a crucial role in supporting the energy needs of Harvard University by purchasing wholesale power. This strategic initiative ensures that the university has access to reliable and cost-effective energy resources, directly benefiting its operations and sustainability goals. By focusing on wholesale power procurement, it enables Harvard to maintain stability in energy supply while potentially lowering costs associated with energy consumption.

Additionally, this initiative has broader implications in the context of sustainability and education. By securing energy in a manner that aligns with environmentally responsible practices, Harvard Dedicated Energy Limited contributes to the university's mission of advancing knowledge and fostering a commitment to sustainability among students and faculty. Overall, its activities not only enhance the university's operational efficiency but also reinforce its dedication to sustainable practices in the educational sector.




This information is meant to be a general summary of Harvard Dedicated Energy Limited. 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
$2,152,063 (2022)
Expenses
$159,962 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $15,138,166

Assets and Liabilities:

  • Total Assets: $1,218,276
  • Total Liabilities: $387,892
  • Net Assets: $830,384

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Organization Details

Founding Year

2002

Main Address

1033 Massachusetts Avenue 3rd Fl, Cambridge, MA, 02138

NTEE Category

Code: B19 - Education

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