Overview
What is Retail Energy Supply Association?
The Retail Energy Supply Association is a nonprofit organization located in Hummelstown, Pennsylvania. Its primary mission is to foster competitive and sustainable retail energy markets for residential, commercial, and industrial consumers. The association actively engages in cases before state public utility commissions and the Federal Energy Regulatory Commission (FERC), advocating for a customer-oriented approach that maximizes efficiency. The Retail Energy Supply Association is a diverse group of retail energy suppliers who believe in the power of competition to deliver better outcomes for consumers.
Official website here: www.resausa.org
Is Retail Energy Supply Association legitimate?
Retail Energy Supply Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Retail Energy Supply Association 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.
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Official website here: www.resausa.org
What is the mission statement of Retail Energy Supply Association?
The Retail Energy Supply Association is a diverse group of retail energy suppliers, united by a shared vision. Their mission is to foster vibrant and sustainable competitive retail energy markets. They believe that these markets provide a more efficient and customer-oriented outcome compared to a regulated utility structure. The association is committed to working with all stakeholders, including residential, commercial, and industrial consumers, to promote these competitive markets. Their objective is to ensure a reliable and diverse energy supply, while also prioritizing the needs and preferences of consumers.
Official website here: www.resausa.org
What is the revenue of Retail Energy Supply Association?
Retail Energy Supply Association's revenue in 2023 was $2,122,856.
Official website here: www.resausa.org
Who are the executives of Retail Energy Supply Association and what are their salaries?
There 16 volunteers at Retail Energy Supply Association.
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Official website here: www.resausa.org
Where can I find the form 990 for Retail Energy Supply Association?
Retail Energy Supply Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.resausa.org
Learn more at the official website: www.resausa.org
Mission Statement of Retail Energy Supply Association
The Retail Energy Supply Association, a diverse and extensive group of retail energy suppliers, is committed to promoting vibrant and sustainable competitive retail energy markets. Their shared vision is that these markets deliver a more efficient and customer-oriented outcome than a regulated utility structure. The association is dedicated to working collaboratively with all stakeholders to achieve this goal, aiming to benefit residential, commercial, and industrial consumers alike. Their mission is to foster a dynamic and sustainable competitive market environment, ensuring that consumers derive maximum value from their energy supply choices.
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Impact
October, 2024
The Retail Energy Supply Association (RESA) plays a crucial role in promoting competitive retail energy markets, which contribute to greater efficiency and a customer-centric approach in energy supply. By engaging with various stakeholders, RESA advocates for policies that foster vibrant energy markets, ensuring consumers have access to diverse options and competitive pricing.
One of the key impacts of RESA is its intervention in regulatory processes. The association monitors developments and intervenes in cases before state public utility commissions and the Federal Energy Regulatory Commission (FERC). This proactive involvement helps shape energy policies that support competition and innovation within the retail energy sector.
RESA’s mission to unite a broad range of retail energy suppliers underlines the belief that a competitive landscape leads to better service and outcomes for consumers—residential, commercial, and industrial alike. The association's efforts not only enhance market dynamics but also facilitate the emergence of sustainable energy solutions, ultimately benefiting consumers and the broader energy ecosystem.
This information is meant to be a general summary of Retail Energy Supply Association. 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: $14,151
- Program Service Revenue: $2,108,705
- Gross Receipts: $2,122,856
Assets and Liabilities:
- Total Assets: $1,138,115
- Total Liabilities: $512,254
- Net Assets: $625,861
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPECIAL PROJECTS
Revenue
$775,790
MONITORING FEES
Revenue
$492,840
MEMBERSHIP DUES
Revenue
$454,000
LOBBYING FEES
Revenue
$350,662
WORKING CAPITAL CREDITS
Revenue
$26,943
Organization Details
Founding Year
1990
Phone
(717) 554-8786Principal Officer
Tracy Mccormick
Main Address
7159 RED TOP ROAD, HUMMELSTOWN, PA, 17036
Website
www.resausa.orgNTEE Category
Code: W80 - Public benefit
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