Overview
What is Energy Assistance Foundation?
The Energy Assistance Foundation, situated in Decatur, Illinois, is a nonprofit organization that offers assistance to eligible individuals during extreme weather seasons. Their primary goal is to provide year-round financial aid for utility bill payments, specifically for electricity and gas. Through their Fresh Start Program, they offer monetary assistance up to $200 for electricity and $150 for gas bills. In addition to bill payment assistance, the foundation also offers home weatherization services to help individuals save energy and reduce their utility costs. The organization, with a small staff of two, is dedicated to improving the living situations of individuals by alleviating the burden of utility bills.
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What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating. The Energy Assistance Foundation has received a Three-Star rating based on its score of 84%, which is exclusively derived from its Accountability & Finance beacon. This rating indicates that the organization demonstrates a good level of financial health and transparency, crucial for potential donors and stakeholders.
The foundation excels in several areas of accountability, including having a fully independent board and a solid financial oversight structure. It received top marks for the absence of material diversion of assets and maintaining a strong program expense ratio, indicating that a significant portion of its funds is directed toward its programs rather than administrative costs. These strengths contribute positively to the foundation's credibility and trustworthiness.
However, there are some noted limitations, particularly regarding the absence of key policies such as a conflict of interest policy and a whistleblower policy, both of which are considered best practices in nonprofit governance. Despite these gaps, the foundation's overall financial health and operational transparency remain strong, making it a reliable option for those looking to support energy assistance initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Energy Assistance Foundation legitimate?
Energy Assistance Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energy Assistance Foundation 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: $98,405
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,409
For more financial information, click here
Official website here: www.warmneighborscoolfriends.com
What is the mission statement of Energy Assistance Foundation?
The Energy Assistance Foundation's mission is centered around providing ongoing assistance in managing energy bills and enhancing the energy efficiency of homes. Specifically, they offer year-round financial aid for electric and gas bills, as well as home weatherization services. Through their Fresh Start Program, eligible individuals can receive monetary assistance to help cover excessive energy bills during harsh weather seasons. The foundation's assistance can go up to $200 for electric bills and $150 for gas bills.
Official website here: www.warmneighborscoolfriends.com
Who is the CEO of Energy Assistance Foundation?
Susan Sams is the Exec. Direct of Energy Assistance Foundation.
Official website here: www.warmneighborscoolfriends.com
What is the revenue of Energy Assistance Foundation?
Energy Assistance Foundation's revenue in 2022 was $1,048,666.
Official website here: www.warmneighborscoolfriends.com
Who are the executives of Energy Assistance Foundation and what are their salaries?
The average compensation at Energy Assistance Foundation during 2022 was $58,407. There are 2 employees and 50 volunteers at Energy Assistance Foundation.
Here are 8 key members and their salaries:
- Compensation: $98,405
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Official website here: www.warmneighborscoolfriends.com
Where can I find the form 990 for Energy Assistance Foundation?
Energy Assistance Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.warmneighborscoolfriends.com
Learn more at the official website: www.warmneighborscoolfriends.com
Mission Statement of Energy Assistance Foundation
The Energy Assistance Foundation, as its name suggests, is dedicated to providing year-round assistance in two crucial areas: bill payment support and home weatherization. This nonprofit organization's primary mission is to extend monetary aid to eligible individuals, helping them manage their electricity and gas bills during extreme weather seasons. Through its Fresh Start Program, the Energy Assistance Foundation offers financial relief, with eligible applicants potentially receiving up to $200 for electric bills and $150 for gas bills. By doing so, the foundation aims to alleviate the financial burden associated with these utilities, thereby providing a more comfortable living environment for those in need.
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Impact
October, 2024
The Energy Assistance Foundation significantly impacts individuals and families facing financial challenges related to their utility bills by providing vital monetary assistance and home weatherization support. Through the Fresh Start Program, eligible applicants can receive up to $200 for electric bills and $150 for gas bills, especially during extreme weather seasons. This financial aid alleviates the burden of rising energy costs, helping to ensure that vulnerable households can maintain essential services. Additionally, the emphasis on home weatherization enhances energy efficiency, reducing future utility expenses and contributing to a more sustainable living environment. By addressing these critical needs in Decatur, IL, the foundation plays a pivotal role in improving housing stability and quality of life for many in the community.
This information is meant to be a general summary of Energy Assistance Foundation. 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: $44,893
- Gross Receipts: $1,048,666
Assets and Liabilities:
- Total Assets: $2,557,691
- Total Liabilities: $53,176
- Net Assets: $2,504,515
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Organization Details
Founding Year
1982
Phone
(217) 424-6424Principal Officer
Susan Sams
Main Address
PO BOX 1758, DECATUR, IL, 62525
NTEE Category
Code: L820 - Housing
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