Overview
What is Clean Energy Transition Institute?
The Clean Energy Transition Institute is a nonprofit organization situated in Seattle, Washington. Established in 2022, its primary goal is to expedite an equitable clean energy transition in the Northwest region. To achieve this, the institute focuses on three key areas: unbiased research and analysis, formulating economic decarbonization strategies, and facilitating stakeholder debates on the challenges and opportunities in constructing a sustainable energy economy. The institute has undertaken several significant initiatives, including releasing an analysis and recommendations for scaling net-zero emissions buildings by 2050 (Operation 2030), creating six overviews of clean materials manufacturing sectors, launching the Northwest Clean Energy Atlas, and conducting a clean energy industrial summit. Additionally, the institute has published reports reflecting rural and tribal perspectives on clean energy transition and released a short film showcasing rural communities and clean energy solutions. The institute's activities are carried out by a team of three dedicated employees. By focusing on these aspects, Clean Energy Transition Institute aims to contribute to a sustainable energy future while ensuring equity and inclusivity.
Official website here: www.cleanenergytransition.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
The Clean Energy Transition Institute has earned a Three-Star rating on Charity Navigator, reflecting a strong performance in the area of Accountability & Finance with a score of 81%. This rating indicates that the organization effectively manages its financial resources and maintains transparency, which are critical factors for potential donors and supporters.
One of the notable strengths of the organization is its governance structure, as it boasts 100% independent board members, demonstrating a commitment to objective oversight. The organization also has a solid financial standing, with a low liabilities-to-assets ratio of 9.81% and a program expense ratio of 84.38%, indicating that a significant portion of its financial resources is directed toward programmatic efforts.
While the rating is generally positive and highlights many strengths, it is worth noting that the overall score is based solely on the Accountability & Finance beacon. Potential donors may wish to explore additional information regarding the organization’s effectiveness in achieving its mission and the impact of its programs, as these aspects are not reflected in the current rating.
This AI summary has been generated from information found on Charity Navigator.
Is Clean Energy Transition Institute legitimate?
Clean Energy Transition Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clean Energy Transition 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:
Executive Compensation: $160,900
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,000
For more financial information, click here
Official website here: www.cleanenergytransition.org
What is the mission statement of Clean Energy Transition Institute?
The Clean Energy Transition Institute's mission is centered around accelerating a fair and sustainable transition to clean energy. The institute achieves this by generating impartial research and analysis, formulating economic strategies for decarbonization, and facilitating discussions among stakeholders to tackle the challenges in establishing a clean energy economy. Throughout 2022, the institute released various reports, produced sector overviews, conducted a clean energy summit, and released a film, all aimed at contributing to this mission.
Official website here: www.cleanenergytransition.org
Who is the CEO of Clean Energy Transition Institute?
Eileen V Quigley is the Executive Director of Clean Energy Transition Institute.
Official website here: www.cleanenergytransition.org
What is the revenue of Clean Energy Transition Institute?
Clean Energy Transition Institute's revenue in 2022 was $572,939.
Official website here: www.cleanenergytransition.org
Who are the executives of Clean Energy Transition Institute and what are their salaries?
The average compensation at Clean Energy Transition Institute during 2022 was $92,633. There are 3 employees at Clean Energy Transition Institute.
Here are 6 key members and their salaries:
- Compensation: $160,900
- Related: $0
- Other: $4,827
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cleanenergytransition.org
Where can I find the form 990 for Clean Energy Transition Institute?
Clean Energy Transition Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cleanenergytransition.org
Learn more at the official website: www.cleanenergytransition.org
Mission Statement of Clean Energy Transition Institute
The Clean Energy Transition Institute is an organization dedicated to fostering a swift and equitable transition towards clean energy in the Northwest region. Their primary objectives involve producing unbiased research and analysis, formulating economic decarbonization strategies, and serving as a platform for stakeholder debates to explore the various trade-offs associated with constructing a clean energy economy. By carrying out these tasks, the Institute aims to accelerate the shift towards renewable energy sources in a manner that promotes fairness and equity.
In pursuing its mission, the Clean Energy Transition Institute has demonstrated a significant commitment to advancing clean energy initiatives. For instance, in January 2022, they released a comprehensive analysis and set of recommendations for scaling net-zero emissions buildings in Washington State by 2050, titled Operation 2030. Furthermore, in May, the Institute produced six sector overviews focusing on various materials manufacturing industries, such as pulp and paper, wood products, concrete and cement, glass, aluminum, and iron and steel. They also launched the Northwest Clean Energy Atlas to provide a comprehensive resource for stakeholders involved in the clean energy transition.
By engaging in these activities, the Clean Energy Transition Institute plays a crucial role in driving the clean energy transition forward, acting as a catalyst for innovation, research, and collaboration between stakeholders. Their mission is to ensure that the transition towards clean energy is not only swift but also equitable, taking into account the needs and perspectives of various stakeholders in the region.
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Impact
July, 2024
The Clean Energy Transition Institute has made significant strides in accelerating an equitable clean energy transition in the Northwest. Their impact includes releasing key reports and recommendations, producing sector overviews, launching the Northwest Clean Energy Atlas, conducting industry summits, and releasing thought-provoking films and projects. Through these efforts, they have actively contributed to shaping economic decarbonization strategies and engaging stakeholders in crucial debates surrounding the development of a clean energy economy.
This information is meant to be a general summary of Clean Energy Transition 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: $26
- Program Service Revenue: $25,000
- Gross Receipts: $572,939
Assets and Liabilities:
- Total Assets: $565,061
- Total Liabilities: $55,474
- Net Assets: $509,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Technical Consultation
Revenue
$25,000
Organization Details
Founding Year
2018
Phone
(206) 579-9644Principal Officer
Eileen V Quigley
Main Address
4616 25th Ave NE PMB 416, Seattle, WA, 98105
NTEE Category
Code: B99 - Education
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