Energy Federation Inc

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

EIN: 042790398 ✦ Marlborough, MA ✦ Designated as a 501(c)(4)

Overview

What is Energy Federation Inc?

Energy Federation Inc, a Massachusetts-based 501(c)(4) non-profit organization established in 1982, focuses on providing affordable energy conservation products to the public and aiding them in using energy resources efficiently. They have a rich history, beginning in 1985 when they partnered with other organizations to design and implement successful resource conservation service programs for electric utilities. This partnership led to the distribution of energy efficiency products for installation in homes during energy audits. Currently, their work can be categorized into two main areas: the distribution of energy efficiency-related products and the provision of services that utilize financial incentives to accelerate the adoption of energy-efficient technologies. As of FY 2022, they shipped $9.7 million worth of energy conservation products to agencies and food banks and $7.6 million worth of products to tradespeople. Additionally, they attract over 1.9 million visitors to their marketplaces annually, resulting in approximately 150,000 product orders being placed. Their mission is to help find promising new energy-saving products and devise creative ways to bring them to market, such as their role in the transition from compact fluorescent lighting products to LEDs and the introduction of smart thermostats and energy-efficient EV charging stations.


Official website here: www.efi.org

Is Energy Federation Inc legitimate?

Energy Federation Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Energy Federation Inc 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,203,501
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,153,508

For more financial information, click here


Official website here: www.efi.org

What is the mission statement of Energy Federation Inc?

Energy Federation Inc, established in 1982 as a not-for-profit organization, aims to provide affordable energy conservation products to the public and help them utilize energy resources efficiently. In 1985, the organization collaborated with other groups to develop successful resource conservation programs for electric utilities. This partnership led to Energy Federation Inc supplying energy efficiency products for installation in homes during energy audits. The organization's current work primarily focuses on two main categories: the distribution of energy efficiency-related products and the provision of services that use financial incentives to speed up the adoption of energy-efficient technologies.


Official website here: www.efi.org

Who is the CEO of Energy Federation Inc?

Paul Danehy is the Director of Energy Federation Inc. The CEO's salary of Energy Federation Inc is $347,868 and their total compensation is $377,154.


Official website here: www.efi.org

What is the revenue of Energy Federation Inc?

Energy Federation Inc's revenue in 2022 was $16,691,076.


Official website here: www.efi.org

Who are the executives of Energy Federation Inc and what are their salaries?

The average compensation at Energy Federation Inc during 2022 was $55,041. There are 170 employees at Energy Federation Inc.

Here are 17 key members and their salaries (Energy Federation Inc's CEO's salary is $347,868 and their total compensation is $377,154):

    John Naughton (Chief Operating Officer)
  • Compensation: $433,627
  • Related: $0
  • Other: $31,931

    • David Leuci (Chief Information Officer)
  • Compensation: $407,378
  • Related: $0
  • Other: $33,055

    • Paul Danehy (Ceo/President) [Trustee/Director]
  • Compensation: $347,868
  • Related: $0
  • Other: $29,286

    • Donald Muir (Cfo/Treasurer) [Trustee/Director]
  • Compensation: $312,710
  • Related: $0
  • Other: $22,588

    • Philip Scarbro (Vp Of Business Development)
  • Compensation: $243,089
  • Related: $0
  • Other: $29,225

    • Maureen Huffam (Director, People Strategy)
  • Compensation: $202,632
  • Related: $0
  • Other: $17,625

    • Julia Harmatz (General Counsel/Secretary) [Trustee/Director]
  • Compensation: $210,728
  • Related: $0
  • Other: $4,297

    • Jonathan Coons (Director, Marketing)
  • Compensation: $206,470
  • Related: $0
  • Other: $3,301

    • George Cornwell (Sr Mgr, Sales/Bus Dev (Until 12/21))
  • Compensation: $170,064
  • Related: $0
  • Other: $29,280

    • Richard Splane (Director, It Services And Support)
  • Compensation: $184,413
  • Related: $0
  • Other: $11,839

    • John Marshea (Director, Finance)
  • Compensation: $166,437
  • Related: $0
  • Other: $29,238

    • Christopher Palaima (Director, Supply Chain)
  • Compensation: $166,877
  • Related: $0
  • Other: $11,455

    • Stahler Joseph (System Administrator)
  • Compensation: $138,831
  • Related: $0
  • Other: $28,653

    • David Long (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0

    • Rachel Kemp (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0

    • Laura Matz (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0

    • Nancy Nylen (Director)
  • Compensation: $2,000
  • Related: $0
  • Other: $0


  • Official website here: www.efi.org

    Where can I find the form 990 for Energy Federation Inc?

    The Energy Federation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.efi.org

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

    Mission Statement of Energy Federation Inc

    Energy Federation Inc, a Massachusetts-based 501(c)(4) not-for-profit organization, was established in 1982 with a mission to provide affordable, quality energy conservation products to the public and help them utilize energy resources efficiently. In 1985, Energy Federation Inc collaborated with other organizations to design and implement successful resource conservation service audit programs for electric utilities. This partnership led to Energy Federation Inc supplying energy efficiency products for installation in homes during energy audits.

    Nowadays, Energy Federation Inc's work can be broadly categorized into two areas: the distribution of energy efficiency-related products, and the provision of services where financial incentives are used to accelerate the adoption of energy-efficient technologies. By offering a range of energy-saving products and encouraging their use, Energy Federation Inc has played a significant role in promoting energy conservation and reducing overall energy consumption. Through its innovative services, the organization has facilitated the implementation of energy-efficient technologies, contributing to a more sustainable energy future.

    Impact

    This information is meant to be a general summary of Energy Federation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Energy Federation Inc's impact lies in its significant efforts to provide quality affordable conservation products to the public and promote the efficient use of energy resources. It plays a crucial role in distributing energy efficiency-related products to low-income families through various programs, such as the Weatherization Assistance Program (WAP), thereby helping retrofit homes and reduce energy consumption. Additionally, by partnering with utility companies, EFI facilitates the adoption of energy-efficient technologies by offering financial incentives to consumers.

    EFI's initiatives have led to the distribution of millions of dollars' worth of energy conservation products, benefiting numerous households and contributing to environmental sustainability. Furthermore, by promoting the use of new energy-saving products like LED lighting, smart thermostats, and electric vehicle charging stations, EFI continues to drive innovation in the energy efficiency sector. Overall, EFI's work not only helps individuals save on energy costs but also plays a vital role in reducing greenhouse gas emissions and promoting a more sustainable future.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $23,428
  • Program Service Revenue: $6,424,730
  • Gross Receipts: $46,671,893

    • Assets and Liabilities:
  • Total Assets: $39,580,023
  • Total Liabilities: $25,780,703
  • Net Assets: $13,799,320
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SERVICES INCOME

    Revenue

    $6,424,730

    Organization Details

    Founding Year

    1982

    Principal Officer

    Paul Danehy

    Main Address

    2 MOUNT ROYAL AVENUE SUITE 325, MARLBOROUGH, MA, 01752

    NTEE Category

    Code: C35 - Environment

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