Overview
What is Independent Power Producers Of New York Inc?
Independent Power Producers of New York Inc, located at 194 Washington Avenue 315, Albany, NY 12210, is a nonprofit organization advocating for fair and efficient competition among electricity suppliers. With approximately 100 members, the organization unites developers and producers of energy, as well as suppliers of related goods and services, to foster a business environment conducive to independent power production in New York State. The goal is to help its member companies become leading providers of electricity in the state. Their mission is to promote the production of energy by independent power producers, offering support and assistance to achieve this goal.
Official website here: www.ippny.org
Is Independent Power Producers Of New York Inc legitimate?
Independent Power Producers Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Power Producers Of New York 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: $759,160
Professional Fundraising Fees: $0
Other Salaries and Wages: $175,420
For more financial information, click here
Official website here: www.ippny.org
What is the mission statement of Independent Power Producers Of New York Inc?
Independent Power Producers of New York Inc's mission is to bring together developers, producers of energy, and suppliers of goods and services to these producers. The primary objective is to foster a business environment that encourages the production of energy by independent power producers. The organization aids its member companies in becoming prominent providers of electricity in the industry. It advocates for fair and efficient competition among wholesale and retail electricity suppliers, including renewable, fossil-fueled, nuclear, demand response providers, and conservation technologies. The organization serves approximately 100 members.
Official website here: www.ippny.org
What is the revenue of Independent Power Producers Of New York Inc?
Independent Power Producers Of New York Inc's revenue in 2023 was $1,961,044.
Official website here: www.ippny.org
Who are the executives of Independent Power Producers Of New York Inc and what are their salaries?
The average compensation at Independent Power Producers Of New York Inc during 2023 was $155,763. There are 6 employees at Independent Power Producers Of New York Inc.
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Official website here: www.ippny.org
Where can I find the form 990 for Independent Power Producers Of New York Inc?
Independent Power Producers Of New York Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ippny.org
Learn more at the official website: www.ippny.org
Mission Statement of Independent Power Producers Of New York Inc
Independent Power Producers of New York Inc, abbreviated as IPPNY, has a mission to unite developers, producers of energy, and suppliers of goods and services to these producers. The primary objective is to create a business environment conducive to the production of energy by independent power producers. By joining forces, IPPNY aims to help its member companies become the leading providers of electricity in New York State.
In addition to uniting its members, IPPNY also works to promote fair and efficient competition among wholesale and retail suppliers of electricity. This includes various potentially competitive electric resources, such as renewable energy sources, fossil-fueled power plants, nuclear facilities, demand response providers, and conservation technologies. By advocating for this competition, IPPNY seeks to ensure a diverse and sustainable energy mix for New York State.
With approximately 100 members served, IPPNY plays a significant role in the energy production industry in New York. The organization's mission is instrumental in fostering a competitive and supportive environment for independent power producers, helping them thrive and contribute to the state's electricity needs.
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Impact
October, 2024
Independent Power Producers of New York Inc. plays a crucial role in shaping the energy landscape of New York State by fostering collaboration among energy developers, producers, and service suppliers. Its efforts focus on creating a business environment that enables independent power producers to thrive, ensuring a robust and competitive energy market.
The organization actively advocates for fair competition among various electricity suppliers, encompassing renewable, fossil-fueled, and nuclear sources, as well as demand response providers and conservation technologies. This advocacy helps to drive innovation and efficiency in the energy sector, ultimately benefiting consumers with more choices and potentially lower prices.
With approximately 100 members, Independent Power Producers of New York Inc. serves as a vital resource for energy companies looking to establish themselves as leading electricity providers in the state. By uniting various stakeholders and promoting collaboration, the organization enhances the overall production capacity and reliability of electricity in New York, contributing to community improvement and sustainable energy practices.
This information is meant to be a general summary of Independent Power Producers Of New York 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 2023.
- Investment Income: $40,159
- Program Service Revenue: $1,916,313
- Gross Receipts: $2,013,372
Assets and Liabilities:
- Total Assets: $2,180,876
- Total Liabilities: $979,088
- Net Assets: $1,201,788
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$1,792,779
SPRING CONFERENCE
Revenue
$120,534
COMMISSIONS
Revenue
$3,000
Organization Details
Founding Year
1986
Phone
(518) 436-3749Principal Officer
Gavin J Donohue
Main Address
111 WASHINGTON AVE SUITE 700, ALBANY, NY, 12210
Website
www.ippny.orgNTEE Category
Code: S41 - Community improvement
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