Overview
What is Renewable Energy Development Institute?
The Renewable Energy Development Institute is a nonprofit organization that focuses on energy conservation. Their primary mission is to offer marketing, educational, and outreach services aimed at promoting energy efficiency. By providing data and case management, they aim to benefit over a thousand individuals directly. Their activities are geared towards enhancing energy conservation efforts, contributing to a more sustainable future for all.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 1-Star out of Four Stars (58%)
The Renewable Energy Development Institute has received a low one-star rating, primarily due to its Accountability & Finance score of 58%. While the organization demonstrates some strong governance features, such as a fully independent board and documented board meeting minutes, it falls short in several critical areas related to financial transparency and policy documentation.
Key strengths include a perfect score in program expense ratio, indicating that all funds are directed towards program-related expenses. However, significant weaknesses are evident in the liabilities to assets ratio, which raises concerns about financial stability, as well as the absence of essential policies like conflict of interest and whistleblower protection. Additionally, the organization's website is not listed on its tax form, which further detracts from its transparency.
In summary, while the Renewable Energy Development Institute has certain commendable governance practices, its overall low rating reflects serious deficiencies in financial accountability and policy adherence. Prospective donors should consider these factors when evaluating their support for this nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Renewable Energy Development Institute legitimate?
Renewable Energy Development Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Renewable Energy Development 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Renewable Energy Development Institute?
The Renewable Energy Development Institute's mission revolves around promoting energy conservation. Specifically, the organization offers marketing, education, and outreach services, along with data and case management, directly benefiting over a thousand individuals. Their goal is to contribute to energy-saving efforts and improve the lives of those they serve through their dedicated services.
Who is the CEO of Renewable Energy Development Institute?
Terry Phenicie is the President of Renewable Energy Development Institute.
What is the revenue of Renewable Energy Development Institute?
Renewable Energy Development Institute's revenue in 2022 was $106,476.
Who are the executives of Renewable Energy Development Institute and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Renewable Energy Development Institute?
Renewable Energy Development Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Renewable Energy Development Institute
The Renewable Energy Development Institute, a dedicated organization, focuses on energy conservation. Their mission is centered around providing marketing, education, and outreach services related to energy conservation. By doing so, they aim to directly benefit over a thousand individuals, offering them access to valuable resources and data management. Through their efforts, they strive to make a significant impact on energy conservation, contributing to a more sustainable future for all.
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Impact
June, 2024
The Renewable Energy Development Institute's impact is evident through its energy conservation program, which provides marketing, education, and outreach services to promote sustainable practices. This initiative directly benefits at least 1000 individuals by equipping them with the knowledge and tools to reduce their energy consumption and make environmentally-conscious decisions. Through their efforts in Willits, California, the institute contributes to environmental preservation and sustainability, making a tangible difference in the community.
This information is meant to be a general summary of Renewable Energy Development 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: $76
- Program Service Revenue: $106,400
- Gross Receipts: $106,476
Assets and Liabilities:
- Total Assets: $753,087
- Total Liabilities: $475,204
- Net Assets: $277,883
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRIBUTIONS
Revenue
$106,400
Organization Details
Principal Officer
Terry Phenicie
Main Address
75 NORTH MAIN STREET PMB 234, WILLITS, CA, 95490
NTEE Category
Code: C350 - Environment
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