Overview
What is Illinois Science And Energy Innovation Foundation?
The Illinois Science and Energy Innovation Foundation, often referred to as Energy Foundry, is a nonprofit organization located in Chicago, Illinois. Established with initial funding from two Illinois utility corporations in 2012, it continues to receive additional grants and donations. The foundation's mission is to support social welfare and economic development by offering financial and technical assistance for innovative energy concepts. Additionally, it provides consumer education about smart meters and related technologies and services. Funds are allocated to various entities for projects that promote economic development in Illinois. With a staff of five individuals, Energy Foundry plays a significant role in the advancement of energy-related innovations.
Official website here: www.energyfoundry.com & www.iseif.org
Is Illinois Science And Energy Innovation Foundation legitimate?
Illinois Science And Energy Innovation Foundation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Illinois Science And Energy Innovation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $819,041
For more financial information, click here
Official website here: www.energyfoundry.com & www.iseif.org
What is the mission statement of Illinois Science And Energy Innovation Foundation?
The Illinois Science and Energy Innovation Foundation aims to contribute to social welfare and economic development by providing financial and technical support for innovative energy concepts. Additionally, the foundation offers consumer education regarding smart meters and related technologies and services. This support is intended to promote economic development in Illinois by funding programs and projects that utilize innovative technologies. The foundation received its initial funding from two Illinois utility corporations in 2012, and it continues to receive further grants and donations to support its activities.
Official website here: www.energyfoundry.com & www.iseif.org
Who is the CEO of Illinois Science And Energy Innovation Foundation?
Jason Blumberg is the Executive Di of Illinois Science And Energy Innovation Foundation.
Official website here: www.energyfoundry.com & www.iseif.org
What is the revenue of Illinois Science And Energy Innovation Foundation?
Illinois Science And Energy Innovation Foundation's revenue in 2022 was -$969,566.
Official website here: www.energyfoundry.com & www.iseif.org
Who are the executives of Illinois Science And Energy Innovation Foundation and what are their salaries?
The average compensation at Illinois Science And Energy Innovation Foundation during 2022 was $163,808. There are 5 employees at Illinois Science And Energy Innovation Foundation.
Here are 8 key members and their salaries:
- Compensation: $261,282
- Related: $0
- Other: $67,176
- Compensation: $205,923
- Related: $0
- Other: $51,384
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- 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.energyfoundry.com & www.iseif.org
Where can I find the form 990 for Illinois Science And Energy Innovation Foundation?
Illinois Science And Energy Innovation Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.energyfoundry.com & www.iseif.org
Learn more at the official website: www.energyfoundry.com & www.iseif.org
Mission Statement of Illinois Science And Energy Innovation Foundation
The Illinois Science and Energy Innovation Foundation, in its mission, aims to contribute to social welfare and economic development. It accomplishes this by offering financial and technical support to energy concepts. Moreover, the organization is dedicated to providing consumer education regarding smart meters and related technologies and services. This commitment is part of its broader goal to promote economic development in Illinois by fostering innovative technologies and methods. The foundation receives funding from various sources, including Illinois utility corporations, additional grants, and donations. These funds are utilized to provide assistance and support for programs and projects that encourage the use of cutting-edge technologies, ultimately benefiting the public.
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
The Illinois Science and Energy Innovation Foundation significantly contributes to social welfare and economic development in Illinois by providing essential financial and technical support for innovative energy concepts. Established under the Public Utilities Act, the foundation plays a critical role in advancing consumer education related to smart meters and other related technologies.
By offering funding and assistance for programs that promote the adoption of cutting-edge technologies, the foundation supports initiatives that enhance energy efficiency and sustainability. Its impact is evident in the way it helps communities transition to modern energy solutions, fostering economic advantages and supporting public welfare. The foundation's collaborative efforts with utility corporations and ongoing funding initiatives allow it to address pressing energy challenges, ensuring that Illinois residents benefit from advancements in energy technology.
Overall, the foundation is instrumental in driving forward-thinking energy projects that are not only beneficial for the economy but also improve the quality of life for consumers in the region.
This information is meant to be a general summary of Illinois Science And Energy Innovation 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: -$857,302
Assets and Liabilities:
- Total Assets: $25,824,356
- Total Liabilities: $460,937
- Net Assets: $25,363,419
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2012
Phone
(312) 239-6546Principal Officer
Jason Blumberg
Main Address
4809 N RAVENSWOOD AVE SUITE 415, CHICAGO, IL, 60640
NTEE Category
Code: W80 - Public benefit
If you are a representative of Illinois Science And Energy Innovation Foundation 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.