Overview
What is Northwest Energy Efficiency Alliance?
The Northwest Energy Efficiency Alliance is a collaborative partnership between utilities and energy efficiency organizations in the Northwest. Based in Portland, Oregon, the Alliance pools resources and shares risks to transform the market for energy efficiency in the region. Through its initiatives, the Alliance identifies and accelerates the adoption of emerging energy-efficient products, services, and practices. With the support of its funders and stakeholders, the Alliance has achieved significant energy savings, equivalent to powering over 670,000 homes each year. The Alliance's stakeholder engagement and communication team fosters regional collaboration, making the Northwest a leader in energy efficiency.
Official website here: www.neea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating
The Northwest Energy Efficiency Alliance has received a Two-Star rating from Charity Navigator, highlighting both strengths and weaknesses in its operations. The organization demonstrates strong accountability and financial management, with 100% of its board members being independent and a perfect score in areas such as material diversion of assets and conflict of interest policies. The program expense ratio is notably high at nearly 84%, indicating that a substantial portion of its budget goes directly toward programmatic efforts.
However, the rating also reveals significant areas for concern, particularly regarding fundraising efficiency, which scored a zero. This suggests that the organization may struggle to raise the funds necessary to support its initiatives effectively. The working capital ratio is also low at 0.09 years, which could indicate potential liquidity issues. Furthermore, executive salaries are relatively high, which some stakeholders may view as a red flag in terms of resource allocation.
Overall, while the Northwest Energy Efficiency Alliance showcases strong governance and a commitment to its mission, these financial challenges and concerns over fundraising efficiency may warrant further scrutiny from potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Northwest Energy Efficiency Alliance legitimate?
Northwest Energy Efficiency Alliance is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Energy Efficiency 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: $573,252
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,858,420
For more financial information, click here
Official website here: www.neea.org
What is the mission statement of Northwest Energy Efficiency Alliance?
The Northwest Energy Efficiency Alliance is a collaborative group of utilities and energy efficiency organizations dedicated to enhancing the market for energy efficiency in the Northwest region. Through pooled resources and shared risks, NEEA speeds up the innovation and implementation of energy-efficient products, services, and practices. The Alliance works closely with various stakeholders, including utilities, public interest groups, state energy offices, and government entities, to create favorable market conditions for energy savings. NEEA's mission has led to significant energy savings for the Northwest, equivalent to the power consumption of over 670,000 homes annually.
Official website here: www.neea.org
Who is the CEO of Northwest Energy Efficiency Alliance?
Rebecca Yates is the Board Member of Northwest Energy Efficiency Alliance.
Official website here: www.neea.org
What is the revenue of Northwest Energy Efficiency Alliance?
Northwest Energy Efficiency Alliance's revenue in 2022 was $40,048,120.
Official website here: www.neea.org
Who are the executives of Northwest Energy Efficiency Alliance and what are their salaries?
The average compensation at Northwest Energy Efficiency Alliance during 2022 was $103,284. There are 101 employees and 301 volunteers at Northwest Energy Efficiency Alliance.
Here are 31 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
- 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
- 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
- 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
- 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
- Compensation: $169,253
- Related: $0
- Other: $42,381
- Compensation: $296,320
- Related: $0
- Other: $117,465
- Compensation: $215,907
- Related: $0
- Other: $27,037
- Compensation: $196,790
- Related: $0
- Other: $44,592
- Compensation: $174,593
- Related: $0
- Other: $42,922
- Compensation: $162,847
- Related: $0
- Other: $41,801
- Compensation: $166,381
- Related: $0
- Other: $42,068
Official website here: www.neea.org
Where can I find the form 990 for Northwest Energy Efficiency Alliance?
Northwest Energy Efficiency Alliance's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neea.org
Learn more at the official website: www.neea.org
Mission Statement of Northwest Energy Efficiency Alliance
The Northwest Energy Efficiency Alliance (NEEA) is a collaborative alliance of utilities and energy efficiency organizations, funded by the Bonneville Power Administration and the Energy Trust of Oregon, among others. Their mission is to bring together stakeholders in the Northwest region to transform the market for energy efficiency. By pooling resources and sharing risks, NEEA facilitates the identification and adoption of emerging energy-efficient products, services, and practices. The Alliance's efforts result in long-term, cost-effective energy savings for the region, equivalent to powering over 670,000 homes each year. Through partnerships with utilities, public interest groups, state energy offices, and government entities, NEEA accelerates innovation and adoption of energy-efficient solutions, ultimately benefiting consumers in the Northwest.
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 Northwest Energy Efficiency Alliance (NEEA) significantly impacts energy use and conservation in the Northwest by driving the transformation of the market for energy efficiency. By pooling resources and sharing risks among various utilities and energy efficiency organizations, NEEA accelerates the innovation and adoption of energy-efficient products, services, and practices.
Since its inception in 1997, NEEA has achieved over 919 average megawatts (AMW) of co-created electric energy savings, which is enough energy to power more than 670,000 homes in the Northwest each year. This collaborative approach not only benefits consumers but also contributes to long-term, cost-effective energy savings across the region.
Through strategic partnerships with stakeholders, including public interest groups, state energy offices, and numerous utilities, NEEA identifies emerging energy-efficient technologies and creates favorable market conditions for their adoption. The organization’s efforts enhance regional collaboration and increase access to energy efficiency resources, ultimately fostering a sustainable energy future for the Northwest.
This information is meant to be a general summary of Northwest Energy Efficiency 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.
- Investment Income: $20,872
- Gross Receipts: $40,048,120
Assets and Liabilities:
- Total Assets: $24,703,354
- Total Liabilities: $21,168,883
- Net Assets: $3,534,471
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(503) 688-5400Principal Officer
Rebecca Yates
Main Address
700 NE MULTNOMAH STREET 1300, PORTLAND, OR, 97232
Website
www.neea.orgNTEE Category
Code: C350 - Environment
If you are a representative of Northwest Energy Efficiency Alliance 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.