Overview
What is Combined Heat And Power Alliance?
The Combined Heat and Power Alliance (CHPA) is a collaborative nonprofit organization, headquartered in Arlington, Virginia. Its primary mission is to unite various American sectors, including businesses, labor groups, contractors, non-profits, and educational institutions, with a shared objective. This collective aims to educate the public about Combined Heat and Power (CHP) and Waste Heat to Power (WHP) technologies. By doing so, CHPA aims to enhance the competitiveness of American manufacturers and businesses, lower energy expenses, improve grid reliability, and decrease emissions. To achieve these goals, CHPA engages in legislative advocacy. They advocate for pro-CHP policies by signing onto letters of support, submitting comments, and providing recommendations on legislative actions at both federal and state levels. They also meet with legislators to discuss these policies and establish state and federal policy priorities among their members through regularly scheduled policy committee meetings. In Virginia, CHPA has advocated for the accelerated deployment of renewable natural gas and other decarbonized fuels by natural gas companies, promoting energy efficiency, and increasing the use of CHP and WHP. By doing so, CHPA aims to support America's industries, reduce energy costs, and contribute to environmental sustainability.
Official website here: www.chpalliance.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars, Overall Score: 69%
The Combined Heat and Power Alliance has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational and financial accountability aspects. While the organization demonstrates strong governance with an independent board and a favorable liabilities to assets ratio, it struggles significantly with transparency and financial reporting, as evidenced by a score of 0 out of 15 points for financial statements.
Strengths of the organization include an excellent program expense ratio of 82.08%, suggesting that a significant portion of its funds are directed toward its programs. However, the lack of essential policies, such as a conflict of interest policy, whistleblower policy, and document retention policy, highlights areas where the organization could improve its governance practices. These limitations contribute to the overall need for greater transparency and accountability.
The combined effect of these strengths and weaknesses suggests that while the organization is focused on its mission, it must address its financial reporting and governance policies to enhance credibility and donor confidence. It's crucial for them to make these improvements to achieve a higher rating and better serve their stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Combined Heat And Power Alliance legitimate?
Combined Heat And Power Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Combined Heat And Power Alliance 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.chpalliance.org
What is the mission statement of Combined Heat And Power Alliance?
The Combined Heat and Power Alliance, a coalition of various entities, aims to educate the American public about Combined Heat and Power (CHP) and Waste Heat to Power (WHP). Their mission is to demonstrate how these technologies can enhance the competitiveness of American manufacturers and businesses, lower energy costs, improve grid reliability, and reduce emissions. By bringing together businesses, labor organizations, contractors, non-profit organizations, and educational institutions, the alliance seeks to promote the widespread adoption of these energy-efficient technologies.
Official website here: www.chpalliance.org
Who is the CEO of Combined Heat And Power Alliance?
William Castor is the Director of Combined Heat And Power Alliance.
Official website here: www.chpalliance.org
What is the revenue of Combined Heat And Power Alliance?
Combined Heat And Power Alliance's revenue in 2022 was $562,522.
Official website here: www.chpalliance.org
Who are the executives of Combined Heat And Power Alliance and what are their salaries?
Here are 5 key members and their salaries:
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Official website here: www.chpalliance.org
Where can I find the form 990 for Combined Heat And Power Alliance?
Combined Heat And Power Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chpalliance.org
Learn more at the official website: www.chpalliance.org
Mission Statement of Combined Heat And Power Alliance
The Combined Heat and Power Alliance, a non-profit organization, aims to unite various entities, including businesses, labor groups, contractors, non-profit organizations, and educational institutions, with a shared objective. This coalition's primary purpose is to enlighten the American public about Combined Heat and Power (CHP) and Waste Heat to Power (WHP). They seek to illustrate how these technologies can significantly enhance the competitiveness of American manufacturers and businesses, decrease energy costs, strengthen grid reliability, and reduce emissions. By bringing together these diverse groups, the Combined Heat and Power Alliance hopes to foster a broader understanding and adoption of these energy-efficient technologies.
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Impact
July, 2024
The Combined Heat And Power Alliance has had a significant impact by advocating for pro-CHP policies at both the federal and state levels. They have campaigned, submitted comments, and met with legislators to push for policies that promote the deployment of renewable natural gas, energy efficiency, and combined heat and power technologies. By bringing together a diverse coalition of organizations, they have effectively raised awareness about how CHP and WHP can make American businesses more competitive, reduce energy costs, enhance grid reliability, and decrease emissions. Their efforts in legislative advocacy have helped shape policies that support sustainable energy practices and contribute to a more efficient and environmentally friendly energy sector.
This information is meant to be a general summary of Combined Heat And Power Alliance. 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: $336,022
- Gross Receipts: $562,522
Assets and Liabilities:
- Total Assets: $203,831
- Total Liabilities: $36,945
- Net Assets: $166,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$336,022
Organization Details
Founding Year
2020
Phone
(703) 717-5590Principal Officer
William Castor
Main Address
3100 CLARENDON BLVD 800, ARLINGTON, VA, 22201
Website
www.chpalliance.orgNTEE Category
Code: U40 - Science research
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