Governmental Aggregation Project Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 743010624 ✦ Austin, TX ✦ Designated as a 501(c)(12)

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Overview

What is Governmental Aggregation Project Inc?

Governmental Aggregation Project Inc is a nonprofit organization that serves its members by collecting fees associated with the purchase of electricity and advocating on their behalf in managing their electricity usage for their public facilities. By pooling resources, this organization helps its members secure more favorable electricity rates and negotiates deals on their behalf. Additionally, Governmental Aggregation Project Inc offers consulting services as part of its programs, providing expert guidance to its members.

Is Governmental Aggregation Project Inc legitimate?

Governmental Aggregation Project Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Governmental Aggregation Project Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Governmental Aggregation Project Inc?

The Governmental Aggregation Project Inc's mission involves aggregating fees for its members from their electricity purchases and providing assistance in managing their electricity usage for public facilities. The organization acts on behalf of its members, negotiating electricity purchases on their behalf to secure better rates. Its primary objective is to help its members optimize their electricity expenditures while ensuring reliable energy supply for their public facilities. The Project also offers consulting services as part of its programs to support its members in making informed decisions regarding their energy needs.

Who is the CEO of Governmental Aggregation Project Inc?

Paul Smolen is the Director of Governmental Aggregation Project Inc.

What is the revenue of Governmental Aggregation Project Inc?

Governmental Aggregation Project Inc's revenue in 2022 was $52,206.

Who are the executives of Governmental Aggregation Project Inc and what are their salaries?


Here are 5 key members and their salaries:


Joan Andel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Beach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Laborde (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Roach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Smolen (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Governmental Aggregation Project Inc?

Governmental Aggregation Project Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Governmental Aggregation Project Inc

The Governmental Aggregation Project, a nonprofit organization, is dedicated to aggregating fees for its members from the purchasing of electricity. This aggregation aims to secure better electricity deals for its members, particularly for their respective public facilities. Furthermore, the organization extends its assistance beyond just fee aggregation. It acts or aids on behalf of its members in managing their electricity usage for their public facilities. By doing so, the Governmental Aggregation Project effectively negotiates electricity purchases on behalf of its members, ensuring they receive cost-effective electricity solutions. Additionally, the organization offers consulting fees as part of its programs, further enhancing its services to its members. In essence, the Governmental Aggregation Project's mission is to leverage its collective purchasing power to secure favorable electricity deals and provide consulting services that support its members in managing their electricity usage for public facilities.

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Impact




October, 2024

Governmental Aggregation Project Inc significantly impacts its members by streamlining the purchasing process for electricity, leading to cost savings and enhanced management of energy use for public facilities. By aggregating fees, the organization enables its members to benefit from collective purchasing power, resulting in lower rates and better contract terms with electricity providers. Additionally, it offers consulting services to optimize electricity utilization, ensuring that public facilities operate efficiently.

Through negotiating on behalf of its members, Governmental Aggregation Project fosters a collaborative approach that not only reduces costs but also improves the overall energy strategy of the participating entities. This mutual benefit approach enables public facilities to focus more resources on their core functions while maintaining sustainable operations. The organization’s efforts contribute to a more efficient and economical public infrastructure in the communities it serves, ultimately enhancing service delivery to residents.




This information is meant to be a general summary of Governmental Aggregation Project Inc. 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.

Revenue
$52,206 (2022)
Expenses
$62,169 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $52,206
  • Gross Receipts: $52,206

Assets and Liabilities:

  • Total Assets: $47,100
  • Total Liabilities: $25,966
  • Net Assets: $21,134

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

AGGREGATION FEES

Revenue

$52,206

Organization Details

Founding Year

2001

Principal Officer

Paul Smolen

Main Address

3812 CHERRYWOOD ROAD, AUSTIN, TX, 78722

NTEE Category

Code: Y22 - Mutual benefit

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