Overview
What is Energy Share Of Montana Inc?
Energy Share of Montana Inc is a compassionate nonprofit organization based in Helena, Montana. Its primary mission is to offer emergency aid to Montana residents who are struggling with utility bill payments, preventing them from experiencing no-heat situations in their homes. The organization carefully reviews each application on an individual basis, considering the applicant's unique circumstances. With the help of private donations and universal systems benefits (USB) funds, Energy Share of Montana provides essential assistance, limiting aid to once every five years or a maximum of $1,400. In addition to bill assistance, the nonprofit also focuses on enhancing furnace and water heater safety and efficiency to support Montana families in maintaining their self-reliance during energy emergencies.
Official website here: www.energysharemt.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Energy Share Of Montana Inc has received an overall score of 87%, reflecting strong accountability and financial practices. The organization excels in various areas such as having a fully independent board and maintaining comprehensive policies for conflict of interest and whistleblowing. Their commitment to transparency is evident, as they meet all the criteria for fiscal responsibility, including the distribution of tax forms to board members before filing.
However, the organization faces challenges in fundraising efficiency, scoring zero in this area. This indicates that while they may manage their finances well, they could improve in attracting and utilizing funds effectively for their programs. The program expense ratio and liabilities to assets ratio are strong, highlighting their focus on mission-driven activities and sound financial health.
Overall, while Energy Share Of Montana Inc demonstrates strong governance and financial accountability, enhancing their fundraising strategies may be essential for future growth and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Energy Share Of Montana Inc legitimate?
Energy Share Of Montana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Energy Share Of Montana 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: $135,266
Professional Fundraising Fees: $0
Other Salaries and Wages: $52,997
For more financial information, click here
Official website here: www.energysharemt.com
What is the mission statement of Energy Share Of Montana Inc?
Energy Share Of Montana Inc's mission is centered around assisting neighbors in energy-related emergencies, helping them maintain their self-reliance. The organization provides essential aid to Montana families in need of emergency heating assistance through bill payments, ensuring the safety and efficiency of furnaces and water heaters. Their primary goal is to offer relief to households facing no-heat situations, reviewing applications on an individual basis and providing assistance up to a certain limit. Energy Share of Montana funds its operations through private donations and universal systems benefits (USB) funds.
Official website here: www.energysharemt.com
Who is the CEO of Energy Share Of Montana Inc?
Rachel Haberman is the President of Energy Share Of Montana Inc.
Official website here: www.energysharemt.com
What is the revenue of Energy Share Of Montana Inc?
Energy Share Of Montana Inc's revenue in 2023 was $2,608,451.
Official website here: www.energysharemt.com
Who are the executives of Energy Share Of Montana Inc and what are their salaries?
The average compensation at Energy Share Of Montana Inc during 2023 was $62,754. There are 3 employees and 82 volunteers at Energy Share Of Montana Inc.
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Official website here: www.energysharemt.com
Where can I find the form 990 for Energy Share Of Montana Inc?
Energy Share Of Montana Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.energysharemt.com
Learn more at the official website: www.energysharemt.com
Mission Statement of Energy Share Of Montana Inc
Energy Share of Montana, a nonprofit organization, is dedicated to assisting Montanans in overcoming energy emergencies and preserving their self-reliance. Their primary mission involves providing energy aid and assistance to families in the state who are facing urgent heating needs and are financially incapable of meeting these expenses on their own. This assistance takes the form of bill payments, ensuring the safety and efficiency of furnaces and water heaters. Applicants for this aid are evaluated based on their individual circumstances, with the organization aiming to help each family only once every five years or to the extent of $1,400. Energy Share of Montana finances its emergency bill assistance program through private donations and funds from the Universal Systems Benefits (USB).
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Impact
July, 2024
Energy Share of Montana Inc's impact is significant in helping Montanans who are faced with energy emergencies maintain their self-reliance. By providing energy assistance for emergency heating needs through bill assistance, furnace and hot water safety, and efficiency, Energy Share of Montana ensures that families in Montana can stay warm and safe in their homes. Their primary focus on emergency bill assistance means that those in no-heat situations with limited resources can receive the help they need to avoid dangerous situations. This assistance, funded by private donations and universal systems benefits (USB) funds, plays a crucial role in ensuring the well-being of households in need.
This information is meant to be a general summary of Energy Share Of Montana 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $243,617
- Program Service Revenue: $1,297,463
- Gross Receipts: $2,616,073
Assets and Liabilities:
- Total Assets: $13,252,874
- Total Liabilities: $131,396
- Net Assets: $13,121,478
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
USB Contracts
Revenue
$1,084,411
Furnace Safety Program
Revenue
$213,052
Organization Details
Founding Year
1982
Phone
(406) 442-4900Principal Officer
Rachel Haberman
Main Address
3117 Cooney Drive 102, Helena, MT, 59602
Website
www.energysharemt.comNTEE Category
Code: L820 - Housing
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