Overview
What is The National Initiative By Consumers Of Energy?
The National Initiative By Consumers Of Energy is a nonprofit organization based in Shorewood, Minnesota, specifically at 23505 Smithtown Rd STE 280. Their primary focus is on energy conservation and efficiency, aiming to help the nonprofit community save both energy and money through their assistance. This organization, known as ENERCHANGE, operates within a three-year funding cycle through the Conservation Improvement Program, with 2022 marking the second year. Their mission is to transform information into tangible actions that enhance energy efficiency, thereby contributing positively to the nonprofit sector.
Official website here: www.enerchange.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating.
The National Initiative By Consumers Of Energy has received a mixed evaluation, achieving a 73% rating overall. The organization shows strengths in governance, with 100% of its board members being independent, and it excels in financial oversight. However, it falls short in areas such as having a whistleblower policy, a document retention policy, and posting its tax form on its website.
While the organization demonstrates a high program expense ratio of 97.55%, indicating that it allocates a significant majority of its funds towards its programs, the liabilities to assets ratio of 77.59% raises concerns about financial stability. These financial metrics highlight the need for improvement in financial management practices, which could enhance transparency and trust among stakeholders. Overall, the National Initiative By Consumers Of Energy has solid accountability measures but needs to address its policy gaps.
This AI summary has been generated from information found on Charity Navigator.
Is The National Initiative By Consumers Of Energy legitimate?
The National Initiative By Consumers Of Energy is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Initiative By Consumers Of Energy 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: $93,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.enerchange.org
What is the mission statement of The National Initiative By Consumers Of Energy?
The National Initiative By Consumers Of Energy is dedicated to transforming information into action, specifically increased energy efficiency. They serve the non-profit community by aiding them in saving energy and money through the implementation of conservation and efficiency measures. The organization offers non-profit client evaluation and assistance with energy conservation implementation, with the goal of helping these organizations reduce their energy consumption and costs. In 2022, this was the second year of a three-year funding cycle through the Conservation Improvement Program for EnerChange.
Official website here: www.enerchange.org
Who is the CEO of The National Initiative By Consumers Of Energy?
Jane Blanco is the Executive Di of The National Initiative By Consumers Of Energy.
Official website here: www.enerchange.org
What is the revenue of The National Initiative By Consumers Of Energy?
The National Initiative By Consumers Of Energy's revenue in 2022 was $957,300.
Official website here: www.enerchange.org
Who are the executives of The National Initiative By Consumers Of Energy and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.enerchange.org
Where can I find the form 990 for The National Initiative By Consumers Of Energy?
The National Initiative By Consumers Of Energy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.enerchange.org
Learn more at the official website: www.enerchange.org
Mission Statement of The National Initiative By Consumers Of Energy
The National Initiative By Consumers of Energy, a non-profit organization, is dedicated to transforming information into tangible actions that result in increased energy efficiency. Their mission is to serve the non-profit community by helping them save energy and money through the implementation of conservation and efficiency measures. In essence, they aim to assist these organizations in converting data into practical actions that lead to energy conservation, ultimately reducing their expenses. Throughout a three-year funding cycle, the organization evaluates and assists non-profits in implementing energy conservation measures, as part of the Conservation Improvement Program for Enerchange in the year 2022.
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Impact
June, 2024
The impact of The National Initiative By Consumers Of Energy is evident in the increased energy efficiency and cost savings experienced by the community it serves. By transforming information into action and assisting clients with energy conservation implementation, the organization has helped individuals and households save energy and money. As a result of the efforts of The National Initiative By Consumers Of Energy, the community in Shorewood, MN has seen tangible benefits in terms of energy conservation and efficiency.
This information is meant to be a general summary of The National Initiative By Consumers Of Energy. 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.
- Gross Receipts: $957,300
Assets and Liabilities:
- Total Assets: $112,619
- Total Liabilities: $87,389
- Net Assets: $25,230
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Organization Details
Founding Year
2006
Phone
(763) 475-1882Principal Officer
Jane Blanco
Main Address
23505 SMITHTOWN RD STE 280, SHOREWOOD, MN, 55331
Website
www.enerchange.orgNTEE Category
Code: C60 - Environment
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