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Leadership For Energy Automated Processing

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

EIN: 205668304 ✦ Tuckahoe, NY ✦ Designated as a 501(c)(6)

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Overview

What is Leadership For Energy Automated Processing?

Leadership for Energy Automated Processing (LEAP) is a nonprofit organization, specifically based in Tuckahoe, New York. Its primary mission is to enhance the efficiency and reliability of transaction processing within the energy trading industry. This is achieved through automation and standardization. LEAP aims to improve the industry by automating data processed between trading counterparties and ancillary service providers, such as inspection, storage, pipeline movement, and related services. Moreover, LEAP advocates for the use of non-proprietary electronic data standards, favoring industry standards over proprietary ones, to ensure seamless and consistent data exchange.


Official website here: www.energyleap.org

Is Leadership For Energy Automated Processing legitimate?

Leadership For Energy Automated Processing is a legitimate nonprofit organization registered as a 501(c)(6) entity. Leadership For Energy Automated Processing 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


Official website here: www.energyleap.org

What is the mission statement of Leadership For Energy Automated Processing?

Leadership for Energy Automated Processing (LEAP) aims to enhance the efficiency and reliability of transaction processing within the energy trading industry. They accomplish this through automation and standardization. Specifically, LEAP targets the automation of data processed between trading counterparties and companies providing ancillary services such as inspection, storage, pipeline movement, and related tasks. Additionally, LEAP develops and advocates for the use of non-proprietary electronic data standards, favoring industry standards over proprietary ones. The ultimate goal is to improve the energy trading industry, making it more streamlined and efficient.


Official website here: www.energyleap.org

Who is the CEO of Leadership For Energy Automated Processing?

Leslie Tague is the Chairman of Leadership For Energy Automated Processing.


Official website here: www.energyleap.org

What is the revenue of Leadership For Energy Automated Processing?

Leadership For Energy Automated Processing's revenue in 2022 was $204,984.


Official website here: www.energyleap.org

Who are the executives of Leadership For Energy Automated Processing and what are their salaries?


Here are 4 key members and their salaries:


Damon Echevarria (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Light (Board Repres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenny Sautreuil (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Tague (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.energyleap.org

Where can I find the form 990 for Leadership For Energy Automated Processing?

Leadership For Energy Automated Processing's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.energyleap.org

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

Mission Statement of Leadership For Energy Automated Processing

Leadership For Energy Automated Processing, often abbreviated as LEAP, is dedicated to enhancing the energy trading industry's transaction processing efficiency and reliability. To achieve this goal, LEAP focuses on two main strategies. Firstly, the organization strives to automate the data processing between trading counterparties and companies offering ancillary services such as inspection, storage, pipeline movement, and related services. By doing so, LEAP aims to streamline the information exchange within the energy trading sector, thereby improving overall operational efficiency.

Secondly, LEAP is committed to the promotion and adoption of non-proprietary electronic data standards, conventions, and dictionaries. By favoring industry standards over proprietary ones, LEAP seeks to establish a common language and format for data exchange, thereby reducing the complexity and costs associated with dealing with multiple, incompatible data standards. This strategy not only improves interoperability between different entities in the energy trading industry but also fosters a more competitive and open market, benefiting all participants.

In summary, Leadership For Energy Automated Processing's mission is to drive innovation and efficiency within the energy trading industry through automation and standardization. By focusing on data processing and promoting the use of non-proprietary electronic data standards, LEAP aims to create a more connected, efficient, and competitive energy trading market.

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Impact




October, 2024

Leadership For Energy Automated Processing (LEAP) significantly impacts the energy trading industry by enhancing transaction processing efficiency and reliability through automation and standardization. By focusing on the automation of data exchanged among trading counterparties and ancillary service providers—such as those involved in inspection, storage, and pipeline movement—LEAP streamlines operations, reduces errors, and speeds up transaction times.

Additionally, LEAP develops and promotes non-proprietary electronic data standards, conventions, and dictionaries. This commitment to industry-wide standards over proprietary systems fosters better interoperability among various stakeholders in the energy trading ecosystem. Ultimately, the initiatives driven by LEAP facilitate a more cohesive and efficient energy trading environment, promoting transparency and collaboration that benefits the entire industry.




This information is meant to be a general summary of Leadership For Energy Automated Processing. 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
$204,984 (2022)
Expenses
$124,578 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $204,973
  • Gross Receipts: $204,984

Assets and Liabilities:

  • Total Assets: $231,207
  • Total Liabilities: $0
  • Net Assets: $231,207

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Programs

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

MEMBERSHIP DUES

Revenue

$204,973

Organization Details

Founding Year

2006

Principal Officer

Leslie Tague

Main Address

7 COLUMBUS AVE SUITE 291, TUCKAHOE, NY, 107072518

NTEE Category

Code: S41 - Community improvement

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