Overview
What is Interstate Renewable Energy Council?
The Interstate Renewable Energy Council (IREC) is a nonprofit organization dedicated to fostering the widespread adoption of clean energy and energy efficiency. Based in Albany, New York, IREC's mission is to create a foundation for the rapid integration of distributed energy resources, such as rooftop solar and energy storage, onto the grid. In 2022, IREC provided technical assistance and consulting in nine states, contributing to the adoption of new policies in California, Illinois, and New Mexico that make it easier to connect distributed energy resources to the grid. IREC's activities extend beyond policy engagement, as they also publish widely used technical resources on topics like storage interconnection, smart inverter adoption, hosting capacity data validation, and electric vehicles (EVs). They conducted stakeholder trainings in 42 states, reaching thousands of individuals. In 2022, over 29,000 individuals participated in IREC programs. With a workforce of 31 employees, IREC aims to benefit people, the economy, and our planet by building the foundation for the rapid adoption of clean energy and energy efficiency.
Official website here: www.irecusa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Interstate Renewable Energy Council has achieved an impressive 97% rating, reflecting a strong commitment to accountability and financial health. The organization excels in several areas, including a perfect score for leadership and adaptability, indicating a well-managed and responsive structure. Its financial metrics also indicate a robust program expense ratio of 79.62%, showcasing effective allocation of resources towards its mission.
Strengths highlighted in the evaluation include 100% independent board members and comprehensive governance policies, contributing to a high score in both accountability and culture. The organization demonstrates effective fundraising efficiency with a low cost of fundraising, which suggests that a significant portion of contributions is directed toward its programs. Furthermore, evidence of investment in leadership development underscores its focus on building capacity within the organization.
Despite its strengths, the scores in leadership and culture suggest that while these areas are strong, there is room for improvement in adaptability. However, the overall assessment positions the Interstate Renewable Energy Council as a well-functioning nonprofit dedicated to advancing renewable energy initiatives, with a solid foundation for growth and impact in the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Interstate Renewable Energy Council legitimate?
Interstate Renewable Energy Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Interstate Renewable Energy Council 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: $258,637
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,275,991
For more financial information, click here
Official website here: www.irecusa.org
What is the mission statement of Interstate Renewable Energy Council?
The Interstate Renewable Energy Council, or IREC, focuses on establishing a solid foundation for the swift adoption of renewable energy and energy efficiency to benefit society, the economy, and the planet. In 2022, over 29,000 individuals engaged in IREC programs. The organization plays a significant role in shaping policies that make clean energy accessible to all, particularly through the facilitation of distribution grid integration for resources like rooftop solar and energy storage. In 2022, IREC's regulatory team provided technical assistance in nine states, contributing to the adoption of new policies in California, Illinois, and New Mexico that ease the process of connecting distributed energy resources to the grid. Additionally, IREC released widely-used technical resources on storage interconnection, smart inverter adoption, hosting capacity data validation, and electric vehicles, and conducted stakeholder trainings, reaching thousands of people across 42 states.
Official website here: www.irecusa.org
Who is the CEO of Interstate Renewable Energy Council?
Larry Sherwood is the President / of Interstate Renewable Energy Council.
Official website here: www.irecusa.org
What is the revenue of Interstate Renewable Energy Council?
Interstate Renewable Energy Council's revenue in 2022 was $7,063,364.
Official website here: www.irecusa.org
Who are the executives of Interstate Renewable Energy Council and what are their salaries?
The average compensation at Interstate Renewable Energy Council during 2022 was $81,762. There are 31 employees at Interstate Renewable Energy Council.
Here are 20 key members and their salaries:
- Compensation: $258,637
- Related: $0
- Other: $33,357
- Compensation: $126,902
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- Other: $20,428
- Compensation: $140,175
- Related: $0
- Other: $4,826
- Compensation: $132,920
- Related: $0
- Other: $11,841
- Compensation: $127,597
- Related: $0
- Other: $16,768
- Compensation: $127,787
- Related: $0
- Other: $7,667
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Official website here: www.irecusa.org
Where can I find the form 990 for Interstate Renewable Energy Council?
Interstate Renewable Energy Council's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.irecusa.org
Learn more at the official website: www.irecusa.org
Mission Statement of Interstate Renewable Energy Council
The Interstate Renewable Energy Council (IREC) works tirelessly to establish the groundwork for the rapid implementation of clean energy and energy efficiency, with the ultimate goal of benefitting people, the economy, and our planet. By facilitating policies that promote accessibility to clean energy, IREC's expertise advances policy and regulatory best practices, enabling a more swift and efficient integration of distributed energy resources (DERS) such as rooftop solar and energy storage onto the distribution grid.
In 2022, over 29,000 individuals participated in IREC programs, contributing to significant milestones. The regulatory team provided technical assistance and consulting in nine states, leading to the adoption of new policies in California, Illinois, and New Mexico that make it easier to connect DERS to the grid. Furthermore, IREC published widely-used technical resources on storage interconnection, smart inverter adoption, hosting capacity data validation, and EVs, and conducted stakeholder trainings reaching thousands of people across 42 states.
In summary, the Interstate Renewable Energy Council plays a crucial role in fostering the adoption of renewable energy and energy efficiency, aiming to create a sustainable future for all. Through their policy engagement, technical resources, and educational programs, they are helping to overcome the challenges associated with integrating distributed energy resources into the grid, ultimately enabling a cleaner, more efficient, and sustainable energy landscape.
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Impact
June, 2024
Interstate Renewable Energy Council (IREC) has had a significant impact on promoting clean energy and energy efficiency across multiple states. By facilitating policies that make clean energy more accessible to everyone, IREC's expertise has advanced regulatory best practices for the integration of distributed energy resources (DERs) like rooftop solar and energy storage. In 2022, their regulatory team provided technical assistance and consulting in nine states, leading to the adoption of new policies in California, Illinois, and New Mexico that simplify the connection of DERs to the grid.
IREC's publications on storage interconnection, smart inverter adoption, hosting capacity data validation, and electric vehicles (EVs), as well as their stakeholder trainings reaching thousands of individuals across 42 states, have been instrumental in driving progress in sustainable energy practices. With over 29,000 individuals participating in IREC programs in 2022, their efforts have significantly contributed to the advancement of clean energy initiatives for the benefit of people, the economy, and the environment.
This information is meant to be a general summary of Interstate Renewable Energy Council. 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: -$3,919
- Program Service Revenue: $865,676
- Gross Receipts: $7,188,225
Assets and Liabilities:
- Total Assets: $3,841,125
- Total Liabilities: $953,614
- Net Assets: $2,887,511
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
VARIOUS CONTRACTED SERVICES
Revenue
$616,076
SALE OF POWER
Revenue
$173,478
CREDENTIALING FEES
Revenue
$52,645
REGISTRATIONS
Revenue
$23,477
Organization Details
Founding Year
1982
Phone
(518) 621-7397Principal Officer
Larry Sherwood
Main Address
125 WOLF ROAD SUITE 100, ALBANY, NY, 12205
Website
www.irecusa.orgNTEE Category
Code: C35 - Environment
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