Overview
What is American Council For An Energy-Efficient Economy?
The American Council for an Energy-Efficient Economy (ACEEE) is a Washington D.C.-based nonprofit organization dedicated to advocating for energy efficiency as a key strategy in combating climate change. Its mission is to actively promote and scale up energy efficiency to reduce greenhouse gas emissions and combat climate change, all while achieving substantial economic savings. ACEEE conducts research and outreach, focusing on the role energy efficiency can play nationwide, documenting successful programs, policies, and lessons learned. Their work is grounded in a foundation of equity and access to a clean energy economy. ACEEE's independent analysis aims to advance investments, programs, and behaviors that use energy more efficiently, thereby building an equitable clean energy future. Currently, this organization employs approximately 101 individuals.
Official website here: www.aceee.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The American Council for an Energy-Efficient Economy (ACEEE) has received a strong Four-Star rating from Charity Navigator, reflecting its high level of accountability and financial health. With an impressive score of 95 in Accountability & Finance, the organization demonstrates transparency and effective management of resources. Its Program Expense Ratio indicates that 79% of its expenditures directly support its mission, highlighting a commitment to impactful programs.
ACEEE's organization structure is bolstered by a fully independent board of directors, which enhances its governance and decision-making processes. The charity has also established comprehensive policies, including a conflict of interest policy and a whistleblower policy, ensuring ethical practices are upheld. Additionally, the organization has received top marks for its audit oversight, showing a commitment to maintaining financial integrity.
While the charity shows strength in many areas, its Working Capital Ratio of 0.92 years suggests it may face challenges in liquidity. However, the low fundraising efficiency ratio of $0.05 indicates that the organization is able to raise funds effectively without incurring excessive costs. Overall, the ACEEE stands out for its strong governance, effective program spending, and commitment to transparency.
This AI summary has been generated from information found on Charity Navigator.
Is American Council For An Energy-Efficient Economy legitimate?
American Council For An Energy-Efficient Economy is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Council For An Energy-Efficient Economy 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: $824,775
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,617,333
For more financial information, click here
Official website here: www.aceee.org
What is the mission statement of American Council For An Energy-Efficient Economy?
The American Council for an Energy-Efficient Economy (ACEEE) aims to mobilize and scale up energy efficiency to significantly reduce greenhouse gas emissions and combat climate change. They strive for a vibrant and equitable economy that uses energy more productively, reduces energy costs, and promotes the health, safety, and wellbeing of all. Their research and outreach focus on the role energy efficiency plays in the U.S., documenting successful programs and policies, and addressing challenges to achieve this goal. Their work is grounded in a foundation of equity and access to a clean energy economy.
Official website here: www.aceee.org
What is the revenue of American Council For An Energy-Efficient Economy?
American Council For An Energy-Efficient Economy's revenue in 2023 was $13,757,064.
Official website here: www.aceee.org
Who are the executives of American Council For An Energy-Efficient Economy and what are their salaries?
The average compensation at American Council For An Energy-Efficient Economy during 2023 was $65,736. There are 98 employees and 21 volunteers at American Council For An Energy-Efficient Economy.
Here are 29 key members and their salaries:
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Official website here: www.aceee.org
Where can I find the form 990 for American Council For An Energy-Efficient Economy?
American Council For An Energy-Efficient Economy's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.aceee.org
Learn more at the official website: www.aceee.org
Mission Statement of American Council For An Energy-Efficient Economy
The American Council for an Energy-Efficient Economy (ACEEE) is an organization dedicated to developing policies aimed at reducing energy waste and combating climate change. Its mission is to aggressively mobilize and scale up energy efficiency to decrease greenhouse gas emissions and combat climate change, all while achieving substantial economic savings. The council envisions a vibrant and equitable economy that uses energy more productively, reduces energy costs, and promotes the health, safety, and wellbeing of all.
In pursuit of this mission, the ACEEE conducts research and outreach to emphasize the importance of energy efficiency in combating climate change. Energy efficiency can potentially halve energy use and emissions, getting us halfway to the U.S. climate goals. The council's research focuses on the role efficiency can play in the U.S., documenting successful programs and policies, and lessons learned. Moreover, they address challenges and propose ways to overcome them. All of their work is grounded in a foundation of equity and access to a clean energy economy.
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Impact
June, 2024
The American Council for an Energy-Efficient Economy has a significant impact on combating climate change and reducing energy waste. Their independent analysis and research focus on advancing investments, programs, and behaviors that promote energy efficiency. By advocating for policies that encourage energy conservation, the ACEEE plays a crucial role in moving the United States towards its climate goals. Their work not only helps in reducing greenhouse gas emissions but also contributes to building a more equitable and clean energy future.
This information is meant to be a general summary of American Council For An Energy-Efficient Economy. 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 2023.
- Investment Income: $134,334
- Program Service Revenue: $4,628,065
- Gross Receipts: $13,757,064
Assets and Liabilities:
- Total Assets: $18,572,670
- Total Liabilities: $8,663,498
- Net Assets: $9,909,172
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTS
Revenue
$2,115,911
CONFERENCE REVENUE
Revenue
$1,776,173
ALLY PROGRAM
Revenue
$735,981
Organization Details
Founding Year
1980
Principal Officer
Steven Nadel
Website
www.aceee.orgNTEE Category
Code: C013 - Environment
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