Overview
What is National Association Of Energy Service Companies?
The National Association of Energy Service Companies (NAESCO) is a Washington, D.C.-based nonprofit organization situated at 1667 K Street NW STE 700. Their primary objective is to support the delivery of comprehensive energy efficiency services by Energy Service Companies (ESCOs), aiming to maximize energy and financial savings for customers. NAESCO achieves this through an accreditation program that bolsters user confidence in their energy efficiency service providers. Additionally, NAESCO advocates and develops policies that foster energy-efficient project implementation, aiming to create long-term value for both ratepayers and society as a whole. The organization has a modest workforce of 5 employees.
Official website here: www.naesco.org
Is National Association Of Energy Service Companies legitimate?
National Association Of Energy Service Companies is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Energy Service Companies 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: $599,137
Professional Fundraising Fees: $0
Other Salaries and Wages: $198,554
For more financial information, click here
Official website here: www.naesco.org
What is the mission statement of National Association Of Energy Service Companies?
The National Association of Energy Service Companies (NAESCO) is dedicated to promoting the delivery of comprehensive energy services, specifically energy efficiency, by Energy Service Companies (ESCOs). Their mission is to help maximize customer savings in energy and dollars. NAESCO operates an accreditation program, providing assurance to users of energy efficiency services about their service provider's reliability. Furthermore, the association advocates for policies that encourage the implementation of energy-efficient projects and the creation of long-term value for both ratepayers and society as a whole.
Official website here: www.naesco.org
What is the revenue of National Association Of Energy Service Companies?
National Association Of Energy Service Companies's revenue in 2024 was $2,766,764.
Official website here: www.naesco.org
Who are the executives of National Association Of Energy Service Companies and what are their salaries?
The average compensation at National Association Of Energy Service Companies during 2024 was $159,538. There are 5 employees and 51 volunteers at National Association Of Energy Service Companies.
Here are 52 key members and their salaries:
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Official website here: www.naesco.org
Where can I find the form 990 for National Association Of Energy Service Companies?
National Association Of Energy Service Companies's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.naesco.org
Learn more at the official website: www.naesco.org
Mission Statement of National Association Of Energy Service Companies
The National Association of Energy Service Companies, often referred to as NAESCO, is dedicated to advancing the delivery of comprehensive energy services. This organization's primary focus is on energy efficiency, achieved through the efforts of Energy Service Companies (ESCOs). NAESCO's mission is to maximize energy and financial savings for their clients by promoting and facilitating these services.
To achieve this goal, NAESCO carries out an accreditation program. This initiative aims to provide clients with confidence in their energy efficiency service provider, ensuring they are working with a reputable and reliable organization. Beyond this, NAESCO also advocates for policies that encourage the implementation of energy-efficient projects. By doing so, they aim to create long-term value for ratepayers and contribute positively to society as a whole. NAESCO's activities are geared towards promoting energy efficiency and fostering sustainable energy practices, ultimately contributing to the reduction of energy consumption and associated costs.
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Impact
October, 2024
The National Association of Energy Service Companies (NAESCO) plays a crucial role in enhancing energy efficiency across various sectors. By promoting the delivery of comprehensive energy services through Energy Service Companies (ESCOS), NAESCO helps maximize energy savings and financial benefits for customers.
One of the organization's key initiatives is its accreditation program, which instills confidence in consumers regarding the quality and reliability of energy efficiency service providers. This program not only fosters trust but also encourages the implementation of energy-efficient projects that generate long-term value for both ratepayers and society at large.
Furthermore, NAESCO actively advocates for policies that support the development and implementation of energy efficiency initiatives. By engaging with stakeholders and influencing legislative frameworks, it contributes to creating a more sustainable and economically viable energy landscape. This impact is particularly important in a time when energy conservation and efficiency are critical for combating climate change and promoting community improvement. Through its efforts, NAESCO significantly advances the adoption of energy efficiency practices that benefit both individuals and communities.
This information is meant to be a general summary of National Association Of Energy Service Companies. 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 2024.
- Investment Income: $77,013
- Program Service Revenue: $2,622,616
- Gross Receipts: $3,613,619
Assets and Liabilities:
- Total Assets: $1,758,700
- Total Liabilities: $365,455
- Net Assets: $1,393,245
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$1,729,856
Trade Shows
Revenue
$792,260
Accreditation
Revenue
$100,500
Organization Details
Founding Year
1983
Principal Officer
Timothy Unruh
Website
www.naesco.orgNTEE Category
Code: S41 - Community improvement
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