Overview
What is National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc?
National Energy & Fuels Institute Inc, previously known as New England Fuel Institute Inc, is a nonprofit organization based in Wilmington, Massachusetts. Primarily, they are dedicated to supporting the fuel industry and their members on both a political and corporate level. They maintain a presence in Washington D.C. to ensure the industry has a voice in governmental decisions that impact the fuel sector. The institute also provides a platform for its members to exchange ideas and stay updated on industry developments by organizing meetings and educational conferences. Their primary mission is to inform both private industry and the public about the home heating fuel industry. They have a workforce of six employees.
Official website here: www.nefi.com
Is National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc legitimate?
National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc 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: $162,349
Professional Fundraising Fees: $0
Other Salaries and Wages: $411,972
For more financial information, click here
Official website here: www.nefi.com
What is the mission statement of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc?
The National Energy & Fuels Institute Inc, formerly known as New England Fuel Institute Inc, serves to inform both the private industry and the public about the home heating fuel industry. Their mission is accomplished by maintaining a presence in Washington D.C., ensuring the industry has a voice in government decisions affecting it. Additionally, they provide a platform for members to share ideas and stay updated on industry developments by organizing meetings and educational conferences. The institute's activities aim to support the fuel industry and its members on a political and corporate level.
Official website here: www.nefi.com
Who is the CEO of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc?
Sean Cota is the Chairperson of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc. The CEO's salary of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc is $162,349 and their total compensation is $162,349.
Official website here: www.nefi.com
What is the revenue of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc?
National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc's revenue in 2022 was $2,012,095.
Official website here: www.nefi.com
Who are the executives of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc and what are their salaries?
The average compensation at National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc during 2022 was $95,720. There are 6 employees at National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc.
Here are 18 key members and their salaries (National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc's CEO's salary is $162,349 and their total compensation is $162,349):
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- Compensation: $110,765
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- Compensation: $140,843
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Official website here: www.nefi.com
Where can I find the form 990 for National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc?
National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nefi.com
Learn more at the official website: www.nefi.com
Mission Statement of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc
National Energy & Fuels Institute Inc, formerly known as New England Fuel Institute Inc, serves a crucial role in informing both the private industry and the public regarding the home heating fuel industry. Their mission is multi-faceted, aiming to maintain a presence in Washington D.C. to ensure the industry has a voice in government decisions that impact it. This involves advocating for the industry's interests and keeping members updated on industry developments.
In addition to their political advocacy, National Energy & Fuels Institute Inc also facilitates opportunities for its members to engage and learn from each other. They achieve this by organizing meetings and educational conferences, providing a platform for the exchange of ideas and keeping members informed about industry trends. This proactive approach to engagement and education strengthens the overall industry and helps members stay competitive.
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Impact
October, 2024
The National Energy & Fuels Institute Inc, formerly known as the New England Fuel Institute Inc, plays a significant role in the home heating fuel industry by providing critical support and advocacy for its members. Its activities focus on informing both private industry and the public about the importance and dynamics of the fuel sector.
By establishing a strong presence in Washington, D.C., the Institute ensures that the fuel industry has a voice in governmental decisions that impact its operations and regulations. This engagement is crucial in fostering an environment where the needs and challenges of the fuel industry are addressed at the legislative level.
Additionally, the Institute facilitates networking and knowledge sharing among its members through meetings and educational conferences. This platform not only helps members stay informed about industry trends and developments but also promotes collaboration and innovation within the sector. Overall, the Institute's efforts contribute to the resilience and advancement of the heating fuel industry, ultimately benefiting consumers and the broader community.
This information is meant to be a general summary of National Energy & Fuels Institute Inc Formerly New England Fuel Institute Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,903,567
- Gross Receipts: $2,012,095
Assets and Liabilities:
- Total Assets: $760,664
- Total Liabilities: $576,517
- Net Assets: $184,147
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGAL ACTION AND SPECI
Revenue
$658,084
GROUP INSURANCE PROGRA
Revenue
$482,932
MEMBER DUES AND SUBSCR
Revenue
$378,951
FUNCTIONS AND CONVENTI
Revenue
$341,100
PUBLICATIONS
Revenue
$42,500
Organization Details
Founding Year
1942
Phone
(617) 924-1000Principal Officer
Sean Cota
Main Address
PO BOX 822, WILMINGTON, MA, 01887
Website
www.nefi.comNTEE Category
Code: S41 - Community improvement
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