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American Council On Renewable Energy

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

EIN: 522353661 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is American Council On Renewable Energy?

The American Council on Renewable Energy (ACORE) is a 501(C)(3) nonprofit organization situated in Washington, D.C. Its primary mission is to accelerate the transition to a renewable energy economy by bridging the gap between business, policy, and finance. ACORE achieves this through three major programs. Firstly, its corporate membership program gathers prominent companies from various sectors of the renewable energy industry, facilitating collaborative projects and activities. Secondly, the Partnership for Renewable Energy Finance (PREF) functions as a reliable educational resource, focusing on boosting capital formation and investment in renewable energy through various educational, analytical, and outreach initiatives. Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) features influential leaders from prominent renewable energy companies, financial institutions, and corporate end-users, guiding ACORE's strategic policy agenda. With an employee count of 30, ACORE plays a vital role in fostering the growth of the renewable energy sector in the United States.


Official website here: www.acore.org

Is American Council On Renewable Energy legitimate?

American Council On Renewable Energy is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Council On Renewable Energy 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: $739,806
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,866,528

For more financial information, click here


Official website here: www.acore.org

What is the mission statement of American Council On Renewable Energy?

The American Council on Renewable Energy (ACORE) is a 501(c)(3) nonprofit organization with a mission to accelerate the transition to a renewable energy economy. This is achieved by uniting finance, policy, and technology, working towards the common goal of promoting renewable energy. ACORE deploys three major programs to drive this mission. Firstly, their corporate membership program brings together various companies from the renewable energy industry, fostering collaboration in working groups and activities. Secondly, the Partnership for Renewable Energy Finance (PREF) serves as a credible educational resource, focusing on increasing capital formation and investment in renewable energy through education, analysis, and outreach. Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) features senior leaders from prominent renewable energy companies, financial institutions, and corporate end-users, guiding ACORE's strategic policy agenda.


Official website here: www.acore.org

Who is the CEO of American Council On Renewable Energy?

Greg Wetstone is the Principal Officer of American Council On Renewable Energy. The CEO's salary of American Council On Renewable Energy is $449,792 and their total compensation is $486,291.


Official website here: www.acore.org

What is the revenue of American Council On Renewable Energy?

American Council On Renewable Energy's revenue in 2022 was $7,697,621.


Official website here: www.acore.org

Who are the executives of American Council On Renewable Energy and what are their salaries?

The average compensation at American Council On Renewable Energy during 2022 was $120,211. There are 30 employees and 23 volunteers at American Council On Renewable Energy.

Here are 30 key members and their salaries (American Council On Renewable Energy's CEO's salary is $449,792 and their total compensation is $486,291):

    Gregory Wetstone (President & Ceo) [Trustee/Director]
  • Compensation: $449,792
  • Related: $0
  • Other: $36,499

    • Colleen Pickford (Evp Corporate Engagement)
  • Compensation: $200,640
  • Related: $0
  • Other: $41,025

    • Gerard Borenstein (Cfo)
  • Compensation: $208,824
  • Related: $0
  • Other: $31,690

    • Allison Nyholm (Vp Government Affairs)
  • Compensation: $183,600
  • Related: $0
  • Other: $40,104

    • Jose Zayas (Evp Policy & Programs)
  • Compensation: $197,500
  • Related: $0
  • Other: $23,651

    • Kevin O'Rourke (Vp Strategic Pships/Public Affairs)
  • Compensation: $194,657
  • Related: $0
  • Other: $23,423

    • Alexandra Hobson (Svp Communications)
  • Compensation: $172,325
  • Related: $0
  • Other: $26,113

    • Vikas Agrawal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Beane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mit Buchanan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Will Conkling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mona Dajani (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Gresham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristal Hansley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ja Kao (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Kellogg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Krembs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Mckinney-James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Musser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Oni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Urvi Parekh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Pratt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gaurav Raniwala (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Reiten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Himanshu Saxena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meghan Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Torres (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andy Jack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.acore.org

    Where can I find the form 990 for American Council On Renewable Energy?

    The American Council On Renewable Energy’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.acore.org

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

    Mission Statement of American Council On Renewable Energy

    The American Council on Renewable Energy, a renowned 501(c)(3) nonprofit organization, is dedicated to uniting key players in the renewable energy sector, including finance, policy, and technology, with the aim of accelerating the transition to a sustainable renewable energy economy. This nonprofit organization, often abbreviated as ACORE, carries out its mission through three major programs.

    Firstly, ACORE's corporate membership program brings together prominent companies from various sectors of the renewable energy industry. These companies engage in collaborative initiatives and working groups aimed at driving the growth and development of the renewable energy sector.

    Secondly, the Partnership for Renewable Energy Finance (PREF) serves as a credible educational resource on renewable energy finance. PREF members focus on fostering capital formation and investment in renewable energy by means of educational programs, analysis, and outreach.

    Lastly, the Partnership for Renewable Integration and Market Expansion (PRIME) is a platform for senior leaders from prominent renewable energy companies, financial institutions, and corporate end-users. They collaborate to guide ACORE's strategic policy agenda, aiming to expand the market for renewable energy and integrate it into existing energy systems.

    In summary, the American Council on Renewable Energy plays a pivotal role in uniting various stakeholders in the renewable energy sector and driving the transition towards a sustainable future by means of its comprehensive programs and initiatives.

    Impact

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




    Saturday, July 20, 2024

    The American Council on Renewable Energy (ACORE) plays a significant role in advancing the transition to a renewable energy economy by uniting business, policy, and finance stakeholders. Its impactful programs, including a corporate membership initiative, the Partnership for Renewable Energy Finance (PREF), and the Partnership for Renewable Integration and Market Expansion (PRIME), bring together major companies, financial institutions, and policymakers to drive the adoption of renewable energy technologies. Through education, analysis, and strategic policy guidance, ACORE contributes to increased capital formation, investment, and market expansion in the renewable energy sector. This organization's efforts drive innovation and collaboration in the renewable energy industry, helping to accelerate the shift towards a more sustainable energy 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: $0
  • Program Service Revenue: $2,054,757
  • Gross Receipts: $7,697,621

    • Assets and Liabilities:
  • Total Assets: $2,997,101
  • Total Liabilities: $2,632,006
  • Net Assets: $365,095
  • Programs

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

    MEMBERSHIP DUES

    Revenue

    $1,385,054

    CONFERENCES

    Revenue

    $669,703

    Organization Details

    Founding Year

    2001

    Principal Officer

    Greg Wetstone

    Main Address

    1150 CONNECTICUT AVENUE NW 401, WASHINGTON, DC, 20036

    NTEE Category

    Code: U30 - Science research

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