Overview
What is American Council On Renewable Energy?
The American Council on Renewable Energy (ACORE) is a 501(C)(3) nonprofit organization situated in Washington, D.C. Its primary mission is to accelerate the transition to a renewable energy economy by bridging the gap between business, policy, and finance. ACORE achieves this through three major programs. Firstly, its corporate membership program gathers prominent companies from various sectors of the renewable energy industry, facilitating collaborative projects and activities. Secondly, the Partnership for Renewable Energy Finance (PREF) functions as a reliable educational resource, focusing on boosting capital formation and investment in renewable energy through various educational, analytical, and outreach initiatives. Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) features influential leaders from prominent renewable energy companies, financial institutions, and corporate end-users, guiding ACORE's strategic policy agenda. With an employee count of 30, ACORE plays a vital role in fostering the growth of the renewable energy sector in the United States.
Official website here: www.acore.org
What are the reviews and ratings of this charity?
**: Charity Navigator Rating 79% (Three-Star out of Four Stars)**tar)**
The American Council On Renewable Energy (ACORE) has achieved a Three-Star rating on Charity Navigator, reflecting a solid overall performance with strengths primarily in Accountability & Finance and Culture & Community. With a notable score of 95% for having an independent board, ACORE demonstrates a commitment to transparency and governance. However, its Leadership & Adaptability score of 10% suggests areas for improvement in these critical operational metrics.
The organization has shown a strong track record in financial management, showcased by high program expense and fundraising efficiency ratios. ACORE's focus on community engagement and feedback mechanisms highlights its dedication to serving stakeholders effectively. Strategic initiatives include promoting climate policy and fostering a just transition in the renewable sector, aligning with its mission to support a sustainable economy powered by renewable energy.
Unfortunately, user reviews from GreatNonprofits could not be retrieved, limiting insights into individual experiences with the organization. Overall, ACORE's strategic vision and solid governance practices lay a strong foundation for future growth and effectiveness in the renewable energy advocacy space.
This AI summary has been generated from information found on Charity Navigator.
Is American Council On Renewable Energy legitimate?
American Council On Renewable Energy is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Council On Renewable Energy 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: $739,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,866,528
For more financial information, click here
Official website here: www.acore.org
What is the mission statement of American Council On Renewable Energy?
The American Council on Renewable Energy (ACORE) is a 501(c)(3) nonprofit organization with a mission to accelerate the transition to a renewable energy economy. This is achieved by uniting finance, policy, and technology, working towards the common goal of promoting renewable energy. ACORE deploys three major programs to drive this mission. Firstly, their corporate membership program brings together various companies from the renewable energy industry, fostering collaboration in working groups and activities. Secondly, the Partnership for Renewable Energy Finance (PREF) serves as a credible educational resource, focusing on increasing capital formation and investment in renewable energy through education, analysis, and outreach. Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) features senior leaders from prominent renewable energy companies, financial institutions, and corporate end-users, guiding ACORE's strategic policy agenda.
Official website here: www.acore.org
Who is the CEO of American Council On Renewable Energy?
Greg Wetstone is the Principal Officer of American Council On Renewable Energy. The CEO's salary of American Council On Renewable Energy is $449,792 and their total compensation is $486,291.
Official website here: www.acore.org
What is the revenue of American Council On Renewable Energy?
American Council On Renewable Energy's revenue in 2022 was $7,697,621.
Official website here: www.acore.org
Who are the executives of American Council On Renewable Energy and what are their salaries?
The average compensation at American Council On Renewable Energy during 2022 was $120,211. There are 30 employees and 23 volunteers at American Council On Renewable Energy.
Here are 30 key members and their salaries (American Council On Renewable Energy's CEO's salary is $449,792 and their total compensation is $486,291):
- Compensation: $449,792
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- Other: $36,499
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- Compensation: $208,824
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- Other: $31,690
- Compensation: $200,640
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- Other: $41,025
- Compensation: $197,500
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- Other: $23,651
- Compensation: $194,657
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- Other: $23,423
- Compensation: $183,600
- Related: $0
- Other: $40,104
- Compensation: $172,325
- Related: $0
- Other: $26,113
Official website here: www.acore.org
Where can I find the form 990 for American Council On Renewable Energy?
American Council On Renewable Energy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.acore.org
Learn more at the official website: www.acore.org
Mission Statement of American Council On Renewable Energy
The American Council on Renewable Energy, a renowned 501(c)(3) nonprofit organization, is dedicated to uniting key players in the renewable energy sector, including finance, policy, and technology, with the aim of accelerating the transition to a sustainable renewable energy economy. This nonprofit organization, often abbreviated as ACORE, carries out its mission through three major programs.
Firstly, ACORE's corporate membership program brings together prominent companies from various sectors of the renewable energy industry. These companies engage in collaborative initiatives and working groups aimed at driving the growth and development of the renewable energy sector.
Secondly, the Partnership for Renewable Energy Finance (PREF) serves as a credible educational resource on renewable energy finance. PREF members focus on fostering capital formation and investment in renewable energy by means of educational programs, analysis, and outreach.
Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) is a platform for senior leaders from prominent renewable energy companies, financial institutions, and corporate end-users. They collaborate to guide ACORE's strategic policy agenda, aiming to expand the market for renewable energy and integrate it into existing energy systems.
In summary, the American Council on Renewable Energy plays a pivotal role in uniting various stakeholders in the renewable energy sector and driving the transition towards a sustainable future by means of its comprehensive programs and initiatives.
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Impact
July, 2024
The American Council on Renewable Energy (ACORE) plays a significant role in advancing the transition to a renewable energy economy by uniting business, policy, and finance stakeholders. Its impactful programs, including a corporate membership initiative, the Partnership for Renewable Energy Finance (PREF), and the Partnership for Renewable Integration and Market Expansion (PRIME), bring together major companies, financial institutions, and policymakers to drive the adoption of renewable energy technologies. Through education, analysis, and strategic policy guidance, ACORE contributes to increased capital formation, investment, and market expansion in the renewable energy sector. This organization's efforts drive innovation and collaboration in the renewable energy industry, helping to accelerate the shift towards a more sustainable energy future.
This information is meant to be a general summary of American Council On Renewable Energy. 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.
- Program Service Revenue: $2,054,757
- Gross Receipts: $7,697,621
Assets and Liabilities:
- Total Assets: $2,997,101
- Total Liabilities: $2,632,006
- Net Assets: $365,095
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,385,054
CONFERENCES
Revenue
$669,703
Organization Details
Founding Year
2001
Phone
(202) 393-0001Principal Officer
Greg Wetstone
Main Address
1150 CONNECTICUT AVENUE NW 401, WASHINGTON, DC, 20036
Website
www.acore.orgNTEE Category
Code: U30 - Science research
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