Overview
What is Residential Energy Assistance Partnership Inc Reap?
Residential Energy Assistance Partnership Inc (REAP) is a nonprofit organization headquartered in San Antonio, Texas. Their primary mission is to help low-income utility customers by educating them on energy efficiency and offering various assistance programs. REAP aids qualified residents in paying their utility bills, with contributions totaling $12,015,895.23 in 2022, benefiting around 12,564 individuals. These grants covered $4,609,740.99 for utility bill assistance and $126,499.10 for solar light program assistance. REAP also supports the First Responders Burn Program, providing aid worth $1,410 for one individual. Throughout the year, qualifying residents may receive up to $400 in utility bill assistance and a one-time credit of up to $300.00.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, earning a Two-Star out of Four Star rating
Residential Energy Assistance Partnership Inc (REAP) has received a Two-Star rating from Charity Navigator, indicating moderate performance. The organization demonstrates a strong commitment to having an independent board with all members being independent, which garners full points in that category. However, the overall accountability and financial management aspects reveal significant areas needing improvement, particularly regarding the absence of basic policies and transparency in financial statements.
Strengths include a favorable liabilities to assets ratio and program expense ratio, suggesting that REAP efficiently allocates funds towards its mission. However, the lack of a proper independent board size and the failure to distribute tax forms to the board before filing indicates potential governance weaknesses. Additionally, the organization received zero points for fundraising efficiency, highlighting concerns about its ability to generate funds effectively.
Overall, while REAP has some commendable practices, the areas of concern regarding financial transparency and governance policies could impact its long-term sustainability and trust among donors. It would benefit from addressing these weaknesses to enhance its organizational accountability and attract more support.
This AI summary has been generated from information found on Charity Navigator.
Is Residential Energy Assistance Partnership Inc Reap legitimate?
Residential Energy Assistance Partnership Inc Reap is a legitimate nonprofit organization registered as a 501(c)(3) entity. Residential Energy Assistance Partnership Inc Reap 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Residential Energy Assistance Partnership Inc Reap?
Residential Energy Assistance Partnership Inc, or REAP, is dedicated to educating low-income utility customers about energy efficiency and conservation measures. The organization goes beyond education by offering payment programs and financial assistance to help these customers pay their utility bills. Eligible residents may receive up to $400 in bill assistance per year, as well as a one-time credit of up to $300. REAP also supports the First Responders Burn program, which provides eligible customers with a monthly credit of up to $94 towards their electric bills with CPS Energy, from April through October. The mission of REAP is to make energy affordability accessible to those in need.
Who is the CEO of Residential Energy Assistance Partnership Inc Reap?
Rudy Garza is the President of Residential Energy Assistance Partnership Inc Reap.
What is the revenue of Residential Energy Assistance Partnership Inc Reap?
Residential Energy Assistance Partnership Inc Reap's revenue in 2022 was $12,127,312.
Who are the executives of Residential Energy Assistance Partnership Inc Reap and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Residential Energy Assistance Partnership Inc Reap?
Residential Energy Assistance Partnership Inc Reap's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Residential Energy Assistance Partnership Inc Reap
Residential Energy Assistance Partnership Inc, or REAP, is a dedicated nonprofit organization that focuses on educating low-income utility customers about efficient energy usage and conservation measures. By promoting awareness and providing essential resources, REAP empowers its clientele to make informed decisions regarding their utility bills.
REAP takes actionable steps to assist its customers by making available to them various payment programs and monetary aid. For eligible residents, REAP offers utility bill assistance up to $400 per year, providing much-needed financial relief. Furthermore, qualifying customers can receive a one-time credit of up to $300. In addition to these programs, REAP's First Responders Burn program offers a credit of up to $94 per month towards the electric portion of their CPS Energy bill from April to October each year, offering valuable assistance to those in need. By providing these services, REAP not only helps its customers manage their utility bills but also alleviates the burden of financial stress, enabling them to focus on other aspects of their lives.
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Impact
October, 2024
Residential Energy Assistance Partnership Inc (REAP) significantly impacts low-income residents by providing critical financial support for utility expenses. In 2022, the organization assisted approximately 12,564 qualified residents, distributing $4,609,740.99 toward utility bill payments. Many of these individuals received up to $400 each, addressing immediate financial burdens and promoting stability in their households.
In addition to utility bill assistance, REAP also administered a solar light program, helping around 454 residents with solar lighting installations worth $126,499.10, enhancing energy efficiency while promoting sustainability. The First Responders Burn Program offered vital support to eligible individuals by covering electric bill credits of up to $94 per month, ensuring that those in need receive essential services during critical months.
With total grants provided amounting to $4,737,650.09, REAP not only alleviates financial strain but also educates low-income utility customers on energy efficiency and conservation measures. By promoting various payment programs and assistance options, REAP empowers residents to manage their energy needs better and fosters a more sustainable community.
This information is meant to be a general summary of Residential Energy Assistance Partnership Inc Reap. 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: $108,874
- Gross Receipts: $12,127,312
Assets and Liabilities:
- Total Assets: $15,787,130
- Total Liabilities: $1,410
- Net Assets: $15,785,720
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Organization Details
Founding Year
2002
Phone
(210) 353-2462Principal Officer
Rudy Garza
Main Address
C/O Mr Rudy Garza 500 McCullough, San Antonio, TX, 78215
NTEE Category
Code: P60 - Human services
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