Overview
What is Hydropower Research Institute?
The Hydropower Research Institute is a nonprofit organization situated in Wenatchee, Washington. Its primary objective is to enhance the hydropower industry by aggregating and analyzing operational data from hydroelectric generation units and plants owned by its members and contributors. This data analysis aims to increase awareness, improve predictive capabilities, reduce forced outages, lower costs, and boost revenues in the hydropower sector. The institute collaborates with hydroelectric generation asset owners to collect and analyze this data, ultimately benefiting the entire industry.
Official website here: www.hridata.org
Is Hydropower Research Institute legitimate?
Hydropower Research Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Hydropower Research 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hridata.org
What is the mission statement of Hydropower Research Institute?
The Hydropower Research Institute aims to benefit the hydropower industry by collaboratively aggregating and analyzing data from hydroelectric generation assets. This data analysis is used to enhance the awareness and analysis of operations, condition, and maintenance of hydropower generating facilities. Additionally, the institute works towards improving predictive capabilities for managing these facilities, ultimately helping to reduce forced outages, reduce costs, and increase revenues. In essence, the Hydropower Research Institute leverages data analysis to support the efficient and profitable operation of hydropower plants.
Official website here: www.hridata.org
Who is the CEO of Hydropower Research Institute?
Kirk Hudson is the President of Hydropower Research Institute.
Official website here: www.hridata.org
What is the revenue of Hydropower Research Institute?
Hydropower Research Institute's revenue in 2022 was $524,195.
Official website here: www.hridata.org
Who are the executives of Hydropower Research Institute and what are their salaries?
There 4 volunteers at Hydropower Research Institute.
Here are 4 key members and their salaries:
- 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.hridata.org
Where can I find the form 990 for Hydropower Research Institute?
Hydropower Research Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hridata.org
Learn more at the official website: www.hridata.org
Mission Statement of Hydropower Research Institute
The Hydropower Research Institute is committed to benefiting the hydropower industry by collaborating with hydroelectric generation asset owners to aggregate and analyze data. Their mission is centered around utilizing this collective data to enhance the operation, condition, and maintenance awareness of hydropower generating facilities. By doing so, they aim to improve the predictive capabilities for managing these facilities, ultimately reducing forced outages, costs, and increasing revenues. The Institute's work is geared towards helping the hydropower industry operate more efficiently and effectively, leveraging the power of data analysis to drive improvements in performance and profitability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Hydropower Research Institute significantly impacts the hydropower industry by aggregating and analyzing operational data from hydroelectric generation units and plants. This endeavor enhances awareness and provides critical insights into the operation, condition, and maintenance of these facilities. Through its initiatives, the Institute improves predictive capabilities for managing hydroelectric assets, leading to reduced forced outages, lower operational costs, and increased revenues for its members and contributors.
By developing and managing a comprehensive set of operational data, the Institute fosters a collaborative environment among hydroelectric generation asset owners. This collaboration not only advances industry knowledge but also drives innovation and efficiency within the hydropower sector. The collective data insights enable stakeholders to make informed decisions, ultimately contributing to the sustainable and reliable operation of hydropower generation and driving community improvement initiatives related to energy resources.
This information is meant to be a general summary of Hydropower Research 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.
- Program Service Revenue: $524,195
- Gross Receipts: $524,195
Assets and Liabilities:
- Total Assets: $2,495,508
- Total Liabilities: $35,659
- Net Assets: $2,459,849
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP REVENUE
Revenue
$324,994
ORNL SERVICE AGREEMENT
Revenue
$100,000
PROJECT FUND REVENUE
Revenue
$50,000
SPECIAL PROJECT
Revenue
$49,201
Organization Details
Founding Year
2018
Phone
(509) 661-4265Principal Officer
Kirk Hudson
Main Address
1250 N WENATCHEE AVE H-278, WENATCHEE, WA, 98801
Website
www.hridata.orgNTEE Category
Code: S41 - Community improvement
If you are a representative of Hydropower Research Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.