Overview
What is Nopec Inc?
Nopec Inc, situated in Solon, Ohio, is a nonprofit organization with a focus on encouraging and supporting energy efficiency in communities within Northeast Ohio. They accomplish this by managing a grant program that provides financial assistance to eligible municipalities and political subdivisions. Beyond this, Nopec Inc also procures electricity and natural gas, as well as related products and services, for sale to customers in participating political subdivisions, which are members of the Northeast Ohio Public Energy Council. This initiative aims to promote energy efficiency and commercial municipal assistance.
Is Nopec Inc legitimate?
Nopec Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Nopec 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: $54,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nopec Inc?
Nopec Inc's mission is centered around procuring electricity and natural gas, along with related products and services, for sale to electric and natural gas customers in political subdivisions that are members of the Northeast Ohio Public Energy Council. Their activities extend to developing and administering a grant program for eligible municipalities and political subdivisions in Northeast Ohio, aiming to encourage and support energy efficiency in communities. Additionally, Nopec Inc engages in proprietary market matters and provides commercial municipal assistance.
Who is the CEO of Nopec Inc?
Charles Keiper is the Board Member of Nopec Inc.
What is the revenue of Nopec Inc?
Nopec Inc's revenue in 2022 was $7,719,618.
Who are the executives of Nopec Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $14,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $0
- Other: $0
- Compensation: $10,000
- Related: $251,715
- Other: $15,387
Where can I find the form 990 for Nopec Inc?
Nopec Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nopec Inc
Nopec Inc, a nonprofit organization, is dedicated to procuring electricity and natural gas, along with related products and services, for sale to electric and natural gas customers in political subdivisions that are members of the Northeast Ohio Public Energy Council. Their mission is to serve as a provider, leveraging their resources to meet the energy needs of these communities.
In addition to supplying energy, Nopec Inc also invests in a grant program designed to encourage and support energy efficiency in communities within Northeast Ohio. This program aims to assist eligible municipalities and political subdivisions in implementing energy-saving measures, thereby promoting sustainability and reducing energy waste. Through this initiative, Nopec Inc contributes to the broader goal of fostering energy-efficient communities. Furthermore, the organization handles proprietary market matters and offers commercial municipal assistance, demonstrating a holistic approach to energy provision and community development.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Nopec Inc plays a crucial role in enhancing energy access and efficiency for communities in Northeast Ohio. By procuring electricity and natural gas, it ensures that members of the Northeast Ohio Public Energy Council receive reliable energy services at competitive rates. This procurement activity directly benefits local governments and their residents by lowering energy costs and improving overall energy management.
Additionally, Nopec Inc supports energy efficiency initiatives through a grant program aimed at eligible municipalities and political subdivisions. This program encourages local governments to adopt energy efficiency measures, fostering sustainable practices that can lead to reduced energy consumption and lower utility bills. By facilitating these efforts, Nopec Inc contributes to a more sustainable and economically viable environment for the communities it serves.
In summary, Nopec Inc's impact is reflected in its commitment to providing affordable energy solutions and promoting energy efficiency, contributing to the long-term sustainability and well-being of Northeast Ohio communities.
This information is meant to be a general summary of Nopec 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: $38,034
- Program Service Revenue: $11,384
- Gross Receipts: $7,719,618
Assets and Liabilities:
- Total Assets: $13,321,289
- Total Liabilities: $8,734,324
- Net Assets: $4,586,965
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
OTHER FEES
Revenue
$11,384
Organization Details
Founding Year
2007
Phone
(440) 248-1992Principal Officer
Charles Keiper
Main Address
31360 SOLON ROAD STE 33, SOLON, OH, 44139
NTEE Category
Code: W038 - Public benefit
If you are a representative of Nopec Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.