Overview
What is The Energy Industries Of Ohio?
The Energy Industries of Ohio is a nonprofit organization situated in Independence, Ohio. Its primary mission is to foster collaboration between public and private institutions, state and federal organizations, and educational institutions to drive innovation and improve energy efficiency within Ohio industries. By securing funds for development projects and collaborating with universities, colleges, and national laboratories, this organization aims to develop, demonstrate, and incubate new technologies. These technologies are designed to enhance the competitiveness of Ohio industries, reduce operating costs, and improve environmental performance. The Energy Industries of Ohio also provides training and education on these emerging and existing technologies through its university and college partnerships. With a team of 10 dedicated individuals, this nonprofit is committed to driving sustainable growth and innovation within Ohio's energy sectors.
Official website here: www.energyinohio.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
The Energy Industries Of Ohio has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance with an overall score of 80%. This score reflects the charity's commitment to transparency and effective financial management, which is essential for donor trust and organizational credibility.
The organization's strengths lie in its high program expense ratio of 89.61%, suggesting that a significant portion of its funds is directed towards its mission-driven programs rather than administrative costs. Additionally, the charity maintains a majority independent board with a score of 60% and demonstrates good governance practices through documented board meeting minutes and a clear conflict of interest policy.
However, while the charity excels in financial accountability, it would be beneficial for them to improve engagement with their stakeholders and expand their rating indicators beyond just financial aspects. Overall, The Energy Industries Of Ohio showcases a strong commitment to fiscal responsibility, although there may be opportunities for enhancing their operational transparency and impact measurement.
This AI summary has been generated from information found on Charity Navigator.
Is The Energy Industries Of Ohio legitimate?
The Energy Industries Of Ohio is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Energy Industries Of Ohio 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: $392,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $101,393
For more financial information, click here
Official website here: www.energyinohio.com
What is the mission statement of The Energy Industries Of Ohio?
The mission of The Energy Industries Of Ohio is to enhance the competitiveness of various industries by improving energy efficiency, reducing operating costs, and enhancing environmental performance. They accomplish this by fostering collaboration among public and private institutions, securing funds for development projects, developing new technologies in partnership with educational institutions and national laboratories, demonstrating and incubating these technologies for commercialization, and providing training and education on new and existing technologies.
Official website here: www.energyinohio.com
Who is the CEO of The Energy Industries Of Ohio?
Robert M Purgert is the President of The Energy Industries Of Ohio.
Official website here: www.energyinohio.com
What is the revenue of The Energy Industries Of Ohio?
The Energy Industries Of Ohio's revenue in 2022 was $2,031,210.
Official website here: www.energyinohio.com
Who are the executives of The Energy Industries Of Ohio and what are their salaries?
The average compensation at The Energy Industries Of Ohio during 2022 was $49,359. There are 10 employees at The Energy Industries Of Ohio.
Here are 6 key members and their salaries:
- Compensation: $213,621
- Related: $0
- Other: $50,254
- Compensation: $167,500
- Related: $0
- Other: $73,431
- Compensation: $11,076
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.energyinohio.com
Where can I find the form 990 for The Energy Industries Of Ohio?
The Energy Industries Of Ohio's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.energyinohio.com
Learn more at the official website: www.energyinohio.com
Mission Statement of The Energy Industries Of Ohio
The Energy Industries of Ohio is dedicated to advancing the competitiveness of local industries by fostering the development, demonstration, and incubation of innovative technologies. This nonprofit organization aims to enhance energy efficiency, reduce operational costs, and improve environmental performance across various industries. To achieve this mission, The Energy Industries of Ohio facilitates collaborative efforts among public and private institutions, state and federal organizations, colleges, universities, Ohio Edison programs, and national laboratories. By securing funding for development projects, the organization helps bring forth new technologies and demonstrates their potential for commercialization. Furthermore, The Energy Industries of Ohio offers training and education in collaboration with universities and colleges, ensuring that both new and existing technologies are effectively utilized.
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Impact
October, 2024
The Energy Industries of Ohio significantly contributes to the state's industrial landscape by developing, demonstrating, and incubating technologies aimed at enhancing energy efficiency. This organization plays a crucial role in improving the competitiveness of Ohio industries by reducing operating costs and advancing environmental performance.
By facilitating collaboration among public and private institutions, as well as state and federal organizations, The Energy Industries of Ohio helps secure funding for impactful development projects. Their focus on cooperation with colleges, universities, and national laboratories fosters innovation and the creation of new technologies.
Furthermore, the organization emphasizes the importance of training and education. Through partnerships with various academic institutions, they provide opportunities for both new and existing technologies, ensuring that Ohio's workforce is equipped with the necessary skills to thrive in a competitive market.
In summary, The Energy Industries of Ohio enhances industrial competitiveness, promotes energy efficiency, and supports sustainable practices while fostering innovation and education in the sector.
This information is meant to be a general summary of The Energy Industries Of Ohio. 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.
- Program Service Revenue: $1,985,466
- Gross Receipts: $2,031,210
Assets and Liabilities:
- Total Assets: $624,234
- Total Liabilities: $0
- Net Assets: $624,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT RESEARCH GRA
Revenue
$1,980,101
MISCELLANEOUS RECEIPTS
Revenue
$5,365
Organization Details
Founding Year
2000
Principal Officer
Robert M Purgert
Main Address
PO BOX 31274, INDEPENDENCE, OH, 44131
Website
www.energyinohio.comNTEE Category
Code: U054 - Science research
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