Overview
What is Texas Energy Poverty Research Institute?
The Texas Energy Poverty Research Institute (TEPRI) is a nonprofit organization situated in Austin, Texas. Its primary mission is to advance energy equity and alleviate energy burden for vulnerable communities. To achieve this goal, TEPRI conducts research, develops tools, facilitates stakeholder meetings, and provides outreach and educational services. This work aims to inspire lasting energy solutions for low-income communities, ultimately contributing to a more equitable energy landscape in Texas. The organization, with a team of five dedicated individuals, is committed to making a difference in the lives of those most in need.
Official website here: www.txenergypoverty.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating. The Texas Energy Poverty Research Institute has earned a solid three-star rating based on its accountability and finance practices. The rating reflects strong performance in several key areas, notably with 100% of board members being independent, which is crucial for governance integrity. The organization also scored highly in financial oversight, with no material diversion of assets reported.
The Institute demonstrates effective financial management, indicated by a low liabilities-to-assets ratio of 11.27% and a program expense ratio of 72.95%. This suggests that a significant portion of its funding is directed toward its programs rather than administrative costs, which is a positive indicator of its commitment to its mission.
However, there are some limitations noted, such as the absence of a whistleblower policy, which could enhance transparency and accountability. Additionally, the organization has missing elements related to document retention and destruction procedures. Overall, while the Texas Energy Poverty Research Institute shows strong financial health and accountability, addressing these gaps could further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Energy Poverty Research Institute legitimate?
Texas Energy Poverty Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Energy Poverty Research Institute 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: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $147,236
For more financial information, click here
Official website here: www.txenergypoverty.org
What is the mission statement of Texas Energy Poverty Research Institute?
The Texas Energy Poverty Research Institute aims to inspire lasting energy solutions for low-income communities. To achieve this, the institute conducts research, develops tools, facilitates stakeholder convenings, and provides outreach and educational services. The goal is to support leaders in advancing initiatives that promote energy equity and reduce energy burden for vulnerable communities. By doing so, the institute aims to contribute to a more equitable energy landscape.
Official website here: www.txenergypoverty.org
Who is the CEO of Texas Energy Poverty Research Institute?
Cheryl Mele is the Chair of Texas Energy Poverty Research Institute.
Official website here: www.txenergypoverty.org
What is the revenue of Texas Energy Poverty Research Institute?
Texas Energy Poverty Research Institute's revenue in 2022 was $822,076.
Official website here: www.txenergypoverty.org
Who are the executives of Texas Energy Poverty Research Institute and what are their salaries?
The average compensation at Texas Energy Poverty Research Institute during 2022 was $51,447. There are 5 employees and 9 volunteers at Texas Energy Poverty Research Institute.
Here are 8 key members and their salaries:
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- Compensation: $110,000
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- Other: $0
Official website here: www.txenergypoverty.org
Where can I find the form 990 for Texas Energy Poverty Research Institute?
Texas Energy Poverty Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txenergypoverty.org
Learn more at the official website: www.txenergypoverty.org
Mission Statement of Texas Energy Poverty Research Institute
The Texas Energy Poverty Research Institute (TEPRI) is dedicated to inspiring lasting energy solutions for low-income communities. Its mission is to support leaders in advancing initiatives that promote energy equity and reduce energy burden for vulnerable populations. To achieve this, TEPRI conducts research, develops tools, facilitates stakeholder convenings, and performs outreach and educational services. By doing so, the institute aims to empower leaders in low-income communities to implement effective energy solutions, ultimately improving the lives of those most in need.
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Impact
July, 2024
Texas Energy Poverty Research Institute's impact can be seen in its efforts to inspire lasting energy solutions for low-income communities. Through conducting research, developing tools, facilitating stakeholder convenings, and performing outreach and educational services, TEPRI supports leaders in advancing initiatives that promote energy equity and reduce the energy burden on vulnerable communities. Based in Austin, Texas, TEPRI's mission is focused on creating positive change in the energy landscape for those most in need.
This information is meant to be a general summary of Texas Energy Poverty Research Institute. 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: $393
- Program Service Revenue: $34,500
- Gross Receipts: $822,076
Assets and Liabilities:
- Total Assets: $718,933
- Total Liabilities: $81,094
- Net Assets: $637,839
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$34,500
Organization Details
Founding Year
2015
Phone
(512) 707-1009Principal Officer
Cheryl Mele
Main Address
1402 WEST 6TH STREET, AUSTIN, TX, 78703
Website
www.txenergypoverty.orgNTEE Category
Code: U30 - Science research
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