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Energy Trading Institute

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

EIN: 832422913 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Energy Trading Institute?

The Energy Trading Institute is a nonprofit organization situated in Washington, D.C. Its primary focus is on advocating for open, transparent, competitive, and fair energy markets, which are believed to be crucial for ultimately benefiting electricity consumers. The institute represents a diverse group of market participants, including load-serving entities, suppliers, marketers, and privately held commodity trading firms. It functions to ensure that the energy market remains accessible, transparent, and competitively balanced, ultimately enhancing the consumer's experience. The institute operates with a mission to advocate on behalf of its members, advocating for market design that is in the best interest of the electricity consumers.


Official website here: www.energytradinginstitute.org

Is Energy Trading Institute legitimate?

Energy Trading Institute is a legitimate nonprofit organization registered as a 501(c)(6) entity. Energy Trading 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.energytradinginstitute.org

What is the mission statement of Energy Trading Institute?

The Energy Trading Institute, representing a diverse group of energy market participants including load serving entities, suppliers, marketers, and privately held commodity trading firms, is committed to advocating for markets that are open, transparent, competitive, and fair. This mission is crucial as these market characteristics are essential for markets to ultimately benefit electricity consumers. By promoting such markets, the Energy Trading Institute aims to contribute to a more efficient and consumer-friendly energy market landscape.


Official website here: www.energytradinginstitute.org

Who is the CEO of Energy Trading Institute?

Noha Sidhom is the Chairman of Energy Trading Institute.


Official website here: www.energytradinginstitute.org

What is the revenue of Energy Trading Institute?

Energy Trading Institute's revenue in 2022 was $301,000.


Official website here: www.energytradinginstitute.org

Who are the executives of Energy Trading Institute and what are their salaries?


Here are 4 key members and their salaries:


Joseph Wadsworth (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abram Klien (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Noha Sidhom (Secretary)
  • Compensation: $228,213
  • Related: $0
  • Other: $0
Robert Marsh (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.energytradinginstitute.org

Where can I find the form 990 for Energy Trading Institute?

Energy Trading Institute's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.energytradinginstitute.org

Learn more at the official website: www.energytradinginstitute.org

Mission Statement of Energy Trading Institute

The Energy Trading Institute, a diverse organization, is dedicated to representing various energy market participants such as load serving entities, suppliers, marketers, and privately held commodity trading firms. Their primary mission is to advocate for markets that are open, transparent, competitive, and fair. These attributes are crucial as they contribute to markets that ultimately benefit electricity consumers. By promoting such market conditions, the Energy Trading Institute aims to ensure a fair and equitable energy trading environment for all its participants.

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Impact




October, 2024

The Energy Trading Institute significantly influences the energy market landscape by advocating for open, transparent, competitive, and fair markets. It represents a diverse array of participants, including load serving entities, suppliers, marketers, and privately held commodity trading firms. By promoting a robust advocacy on market design and highlighting the value of financial participants, the Institute enhances the overall efficiency, fairness, and accessibility of energy markets. This, in turn, ultimately benefits electricity consumers, ensuring they receive reliable and equitable pricing. The Institute's efforts help shape policy discussions and market regulations, fostering an environment that supports diverse market strategies and innovation within the energy sector.




This information is meant to be a general summary of Energy Trading 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.

Revenue
$301,000 (2022)
Expenses
$400,296 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $301,000

Assets and Liabilities:

  • Total Assets: $150,054
  • Total Liabilities: $0
  • Net Assets: $150,054

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Organization Details

Founding Year

2018

Principal Officer

Noha Sidhom

Main Address

64 BRYANT STREET NW, WASHINGTON, DC, 20001

NTEE Category

Code: S46 - Community improvement

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