Overview
What is Vermont Energy Investment Corporation?
The Vermont Energy Investment Corporation (VEIC) is a sustainable energy company based in Winooski, Vermont. With a mission to create energy solutions for a more affordable and low-carbon future, VEIC has been working in partnership with governments, utilities, foundations, and businesses across North America for over 35 years. Through expertise in energy efficiency, building and transportation electrification, and clean and flexible grid solutions, VEIC brings innovative approaches to the market that meet sustainability goals and reduce greenhouse gas emissions. VEIC is recognized for developing pilots and programs that optimize energy use, support low-income customers, and advance new technologies. VEIC administers three large-scale sustainable energy programs: Efficiency Vermont, Efficiency Smart, and the DC Sustainable Energy Utility. Collectively, these programs have saved Vermonters over $3 billion and avoided over 13 million tons of CO2e in emissions since 2000.
Official website here: www.veic.org
Is Vermont Energy Investment Corporation legitimate?
Vermont Energy Investment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Energy Investment Corporation 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.
Here are some key statistics you may want to consider:
Executive Compensation: $1,250,759
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,538,230
For more financial information, click here
Official website here: www.veic.org
What is the mission statement of Vermont Energy Investment Corporation?
The Vermont Energy Investment Corporation is a sustainable energy company committed to generating solutions that address the world's energy needs. With over 35 years of experience, this mission-driven organization has collaborated with various entities across North America to develop and implement clean energy services. Through their expertise in energy efficiency, building and transportation electrification, and a clean and flexible grid, VEIC introduces innovative solutions to the market, contributing to goals that reduce greenhouse gas emissions. Recognized for their pioneering work, they have developed pilots and programs that optimize energy usage, lessen energy burdens for low-income customers, and promote new technologies. In addition to their full-service consulting business, VEIC oversees three large-scale sustainable energy programs: Efficiency Vermont, Efficiency Smart, and the DC Sustainable Energy Utility.
Official website here: www.veic.org
Who is the CEO of Vermont Energy Investment Corporation?
Katherine Meyers is the Director of Vermont Energy Investment Corporation. The CEO's salary of Vermont Energy Investment Corporation is $247,021 and their total compensation is $277,420.
Official website here: www.veic.org
What is the revenue of Vermont Energy Investment Corporation?
Vermont Energy Investment Corporation's revenue in 2022 was $108,745,667.
Official website here: www.veic.org
Who are the executives of Vermont Energy Investment Corporation and what are their salaries?
The average compensation at Vermont Energy Investment Corporation during 2022 was $80,811. There are 381 employees at Vermont Energy Investment Corporation.
Here are 22 key members and their salaries (Vermont Energy Investment Corporation's CEO's salary is $247,021 and their total compensation is $277,420):
- Theodore Trabue (Director, Dc Seu Through July 2022)
- Rebecca Foster (Ceo)
- Matthew Dooley (Director, Energy Services)
- Brandon Bowles (Interim Director, Dc Seu)
- Lisa Harris (Chief People Officer)
- Pierre Van Der Merwe (Chief Technology Officer)
- Katherine Meyers (Cfo)
- Angela Johnson (Director, Finance)
- Patricia Boyd (Dir., Technology & Innovation)
- Kurt Janson (Chief General Counsel)
- Nick Richardson (Board Chair) [Trustee/Director]
- Marc Mihaly (Director)
- Janet Besser (Director)
- Oswaldo Acosta (Director)
- Dianne Dillon-Ridgley (Director)
- Nancy Owens (Director)
- Isabelina Nahmens (Director)
- Cederick Anthony Pickett (Director)
- Brandi Colander (Director)
- Elizabeth Wilson (Director)
- Ellen Zuckerman (Director)
- Merrian Borgeson (Director)
Official website here: www.veic.org
Where can I find the form 990 for Vermont Energy Investment Corporation?
The Vermont Energy Investment Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.veic.org
Learn more at the official website: www.veic.org
Mission Statement of Vermont Energy Investment Corporation
Vermont Energy Investment Corporation (VEIC) is a sustainable energy company on a mission to generate the energy solutions the world needs. For over 35 years, VEIC has been working with governments, utilities, foundations, and businesses across North America to develop and deploy clean energy services that provide immediate and lasting change. With expertise in energy efficiency, building and transportation electrification, and new approaches for a clean and flexible grid, VEIC brings innovative solutions to the market that meet sustainability goals and reduce greenhouse gas emissions.
VEIC is recognized nationally for developing pilots and programs that optimize energy use, reduce energy burdens for low-income customers, and advance new technologies. The company's dedication to clean energy is evident in its full-service consulting business and three large-scale sustainable energy programs: Efficiency Vermont, Efficiency Smart, and the DC Sustainable Energy Utility (DCSEU). Through these initiatives, VEIC is committed to creating a more efficient and sustainable energy future.
VEIC's mission goes beyond just generating energy solutions; it aims to make these solutions accessible and beneficial for all. By working with various stakeholders, VEIC is able to implement sustainable energy strategies that not only meet the needs of the present but also anticipate and address the challenges of the future. The company's innovative approach and commitment to clean energy make it a leader in the sustainable energy sector.
Impact
This information is meant to be a general summary of Vermont Energy Investment Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
VEIC, operating as a sustainable energy company, has a significant impact on transforming Vermont's energy landscape. Through initiatives like Efficiency Vermont, VEIC has helped the state transition to more affordable, low carbon energy use through education, incentives, and support for a clean energy workforce. The investments made in energy efficiency since Efficiency Vermont's inception in 2000 are projected to save Vermonters over $3 billion and avoid over 13 million tons of CO2e. VEIC's expertise in energy efficiency, building and transportation electrification, and innovative grid solutions has not only met goals but also reduced greenhouse gas emissions. Their work has been nationally recognized for optimizing energy use, reducing energy burdens for low-income customers, and advancing new technologies. With ongoing programs and consulting services, VEIC continues to drive immediate and lasting change towards a cleaner energy future.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ENERGY EFFICENCY UTILITIES
Revenue
$95,709,020
ENERGY SERVICES: CONSULTING
Revenue
$8,461,496
PERFORMANCE INCENTIVE AWARDS
Revenue
$2,986,234
PROJECT REVENUE
Revenue
$11,527
Organization Details
Founding Year
1986
Phone
(800) 639-6069
Principal Officer
Katherine Meyers
Main Address
20 WINOOSKI FALLS WAY 5TH FLOOR, WINOOSKI, VT, 05404
Website
www.veic.org
NTEE Category
Code: C35 - Environment
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