Overview
What is United States Energy Association Inc?
The United States Energy Association Inc, also known as USEA, is a nonprofit organization based in Washington, D.C. With a team of 28 employees, the association brings together public and private energy-related organizations, corporations, and government agencies. USEA acts as a bridge between the U.S. energy sector and other nations, particularly in developing and transitional economies, by sharing American experiences and regulatory practices. Their efforts have encompassed various energy sectors such as petroleum, natural gas, and electric power. These cooperative partnerships have taken place in regions like Latin America, Africa, Asia, the Former Soviet Union, and Central & Eastern Europe. The organization's activities aim to address every aspect of organizational operations in these programs.
Official website here: www.usea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
The United States Energy Association Inc has received a commendable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. With an overall score of 96%, the organization demonstrates strong governance practices, including a fully independent board of directors and effective oversight mechanisms such as an audit committee. The absence of material diversion of assets further underscores its integrity.
The organization allocates a significant portion of its expenses to its programs, with a program expense ratio of 80.41%. This suggests a strong commitment to fulfilling its mission and maximizing the impact of its resources. Additionally, the presence of comprehensive policies regarding conflict of interest, whistleblower protection, and document retention indicates a robust framework for ethical operations and transparency.
While the rating highlights substantial strengths in governance and financial performance, it is essential for stakeholders to continue monitoring the organization's activities and impact to ensure ongoing alignment with its mission and the needs of the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is United States Energy Association Inc legitimate?
United States Energy Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. United States Energy Association 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: $1,921,088
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,463,347
For more financial information, click here
Official website here: www.usea.org
What is the mission statement of United States Energy Association Inc?
The United States Energy Association (USEA) is a collective of public and private energy-related organizations, corporations, and government agencies. Their primary objective is to enhance the comprehension of energy-related matters, both domestically and internationally. USEA facilitates cooperative partnerships between U.S. organizations and their counterparts in developing and transitional economies. These collaborations serve to convey U.S. experiences and regulatory practices to these nations. Their areas of focus include petroleum exploration, production, and transportation; natural gas distribution; and electric power production, transmission, distribution, and utilization. A wide range of organizational operations are addressed through these programs.
Official website here: www.usea.org
Who is the CEO of United States Energy Association Inc?
Brian D Kearns is the Coo/Cfo of United States Energy Association Inc.
Official website here: www.usea.org
What is the revenue of United States Energy Association Inc?
United States Energy Association Inc's revenue in 2022 was $13,291,221.
Official website here: www.usea.org
Who are the executives of United States Energy Association Inc and what are their salaries?
The average compensation at United States Energy Association Inc during 2022 was $156,587. There are 28 employees and 26 volunteers at United States Energy Association Inc.
Here are 35 key members and their salaries:
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- Compensation: $480,000
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- Compensation: $367,066
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- Other: $39,864
- Compensation: $286,367
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- Other: $39,422
- Compensation: $194,651
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- Other: $42,858
- Compensation: $177,875
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- Other: $27,668
- Compensation: $193,694
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- Other: $39,060
- Compensation: $136,421
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- Other: $16,236
- Compensation: $135,679
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- Other: $29,611
Official website here: www.usea.org
Where can I find the form 990 for United States Energy Association Inc?
United States Energy Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.usea.org
Learn more at the official website: www.usea.org
Mission Statement of United States Energy Association Inc
The United States Energy Association (USEA) is a renowned organization comprised of public and private energy-related entities, corporations, and government agencies. With a broad mandate, USEA works to enhance the comprehension of energy issues, both domestically and internationally. The Association plays a pivotal role in fostering cooperative partnerships between U.S. organizations and counterparts in developing and transitional economies.
By sharing U.S. experiences and regulatory practices, USEA facilitates capacity building and knowledge transfer to these nations. This collaborative work extends to regions such as Latin America, Africa, Asia, the former Soviet Union, and Central & Eastern Europe. Key focus areas encompass petroleum exploration, production, and transportation; natural gas distribution; and electric power production, transmission, distribution, and utilization. USEA's programs encompass almost every aspect of organizational operations, making a significant impact on various sectors within the energy industry.
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Impact
October, 2024
The United States Energy Association Inc. (USEA) plays a pivotal role in fostering international energy cooperation and enhancing global energy practices. By establishing cooperative partnerships, USEA facilitates knowledge sharing between U.S. organizations and counterparts in developing and transitional economies. This collaboration has been instrumental in conveying U.S. experiences and regulatory insights, significantly impacting energy sectors in regions like Latin America, Africa, Asia, and Eastern Europe.
USEA’s initiatives focus on critical areas such as petroleum exploration, natural gas distribution, and electric power systems—which encompass production, transmission, and utilization. Through these comprehensive programs, USEA addresses various operational aspects of energy management, contributing to improved energy infrastructure and practices in the partner nations.
By representing a broad spectrum of public and private energy interests, USEA enhances understanding of energy issues on both domestic and international stages, promoting sustainable development and effective energy solutions worldwide.
This information is meant to be a general summary of United States Energy Association 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.
- Investment Income: $151,950
- Program Service Revenue: $172,570
- Gross Receipts: $13,706,263
Assets and Liabilities:
- Total Assets: $8,778,918
- Total Liabilities: $3,152,251
- Net Assets: $5,626,667
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$172,570
Organization Details
Founding Year
1972
Phone
(202) 312-1232Principal Officer
Brian D Kearns
Main Address
1300 PENNSYLVANIA AVENUE NW 550, WASHINGTON, DC, 200043022
Website
www.usea.orgNTEE Category
Code: Q30Z - International
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