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Power Environmental Energy Research Institute

Peer Institute

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

EIN: 262880388 ✦ Covina, CA ✦ Designated as a 501(c)(3)

Overview

What is Power Environmental Energy Research Institute?

The Power Environmental Energy Research Institute, also known as PEER Institute, is a California-based nonprofit organization situated in Covina. With a staff of 13, PEER Institute is committed to fostering collaboration between academia, industry, and various stakeholders, such as governmental agencies, venture capitals, and private equities. Their primary mission is to bridge the gap between research and commercialization in the fields of energy and environment. To achieve this, PEER Institute stays updated with the latest advancements in related disciplines, considers societal and market needs, and works closely with these partners to incubate technologies with commercial potential. The institute's efforts are focused on fundamental scientific research in battery technology and geochemistry, as well as enhanced oil recovery.


Official website here: www.peeri.org

Is Power Environmental Energy Research Institute legitimate?

Power Environmental Energy Research Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Power Environmental Energy Research Institute 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: $33,749
Professional Fundraising Fees: $0
Other Salaries and Wages: $435,921

For more financial information, click here


Official website here: www.peeri.org

What is the mission statement of Power Environmental Energy Research Institute?

The Power Environmental Energy Research Institute (PEER) is committed to bridging the gap between academic research and technology commercialization. Specifically, PEER strives to stay updated with the latest advancements and breakthroughs in energy and environmental disciplines. They also focus on understanding societal and market needs for various issues within these fields. To achieve their goals, PEER engages in close collaborations with a variety of stakeholders, including governmental agencies, venture capitalists, and private equities, to nurture and incubate technologies that have commercialization potential.


Official website here: www.peeri.org

Who is the CEO of Power Environmental Energy Research Institute?

Yongchun Tang is the Director of Power Environmental Energy Research Institute.


Official website here: www.peeri.org

What is the revenue of Power Environmental Energy Research Institute?

Power Environmental Energy Research Institute's revenue in 2021 was $809,842.


Official website here: www.peeri.org

Who are the executives of Power Environmental Energy Research Institute and what are their salaries?

The average compensation at Power Environmental Energy Research Institute during 2021 was $36,128. There are 13 employees at Power Environmental Energy Research Institute.

There is 1 key member and their salary:

    Yongchun Tang (Director)
  • Compensation: $36,000
  • Related: $0
  • Other: $36,000


  • Official website here: www.peeri.org

    Where can I find the form 990 for Power Environmental Energy Research Institute?

    The Power Environmental Energy Research Institute’s most recent form 990 was submitted in 2021 and can be accessed here


    Official website here: www.peeri.org

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

    Mission Statement of Power Environmental Energy Research Institute

    The Power Environmental Energy Research Institute, or PEER, is a forward-thinking organization dedicated to linking academic research with technological commercialization. PEER's primary focus is to stay updated with the latest breakthroughs and advancements in energy and environmental disciplines, and to understand the societal and market needs pertaining to various issues within these fields.

    In addition, PEER actively engages in collaborations with a diverse range of stakeholders, including governmental agencies, venture capitalists, and private equities, to foster the development and incubation of technologies with commercial potential. By doing so, PEER aims to bridge the gap between academia and industry, making groundbreaking research more accessible to the wider world.

    Throughout its mission, PEER strives to facilitate the commercialization of innovative technologies, ultimately driving progress in the energy and environmental sectors. This commitment to collaboration and innovation positions PEER as a vital player in the field, working tirelessly to bridge the divide between research and real-world application.

    Impact

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




    Tuesday, June 18, 2024

    Power Environmental Energy Research Institute is dedicated to bridging the gap between academic research and technology commercialization. By focusing on fundamental scientific research in areas such as battery technology, geochemistry, and enhanced oil recovery, PEER plays a crucial role in advancing innovative solutions for the energy and environment sectors.

    Through its mission to stay up-to-date with the latest breakthroughs in related disciplines and to identify societal and market needs, PEER ensures that its research efforts are aligned with real-world challenges and opportunities. By collaborating closely with stakeholders from academia, industry, governmental agencies, venture capitalists, and private equities, PEER facilitates the development and incubation of technologies with significant potential for commercialization.

    Overall, Power Environmental Energy Research Institute's impact lies in its commitment to driving innovation, fostering collaboration, and advancing technologies that have the potential to address pressing environmental and energy challenges.





    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 2021.

  • Investment Income: $6
  • Program Service Revenue: $630,361
  • Gross Receipts: $809,842

    • Assets and Liabilities:
  • Total Assets: $474,537
  • Total Liabilities: $590,164
  • Net Assets: -$115,627
  • Programs

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

    Methane conversion

    Revenue

    $458,077

    Battery research

    Revenue

    $121,985

    Geochemistry

    Revenue

    $25,265

    Enhanced oil recovery

    Revenue

    $25,034

    Organization Details

    Founding Year

    2008

    Principal Officer

    Yongchun Tang

    Main Address

    738 Arrow Grand Circle, Covina, CA, 91722

    NTEE Category

    Code: C052 - Environment

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