VERMONT ENERGY INVESTMENT CORP: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- VERMONT ENERGY INVESTMENT CORP (EIN 03-0304418)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-09-21
- IRS object ID
- 202312649349301016
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-09-21T14:21:49-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 030225774 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GALLAGHER FLYNN & COMPANY LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 725 COMMUNITY DRIVE SUITE 401 | AddressLine1Txt |
| City | SOUTH BURLINGTON | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05403 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 030304418 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERMONT ENERGY INVESTMENT CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | VERM | BusinessNameControlTxt |
| Phone | 8006396069 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 WINOOSKI FALLS WAY 5TH FLOOR | AddressLine1Txt |
| City | WINOOSKI | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05404 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE MEYERS | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Phone | 8006396069 | PhoneNum |
| Signature | 2023-09-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | KATHERINE | PersonFirstNm |
| Person Last | MEYERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | STEVEN M AUSTIN CPA | PreparerPersonNm |
| PTIN | P02385259 | PTIN |
| Phone | 8028631331 | PhoneNum |
| Preparation | 2023-08-30 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | KATHERINE MEYERS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 WINOOSKI FALLS WAY 5TH FLOOR | AddressLine1Txt |
| City | WINOOSKI | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $108,745,667 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.VEIC.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1986 | FormationYr |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Activity Or Mission | VEIC IS A SUSTAINABLE ENERGY COMPANY ON A MISSION TO GENERATE THE ENERGY (CONTINUES IN SCHED O)(CONTINUED) SOLUTIONS THE WORLD NEEDS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 381 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $500,673 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,433,207 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $94,351,785 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $107,168,277 | CYProgramServiceRevenueAmt |
| PY Investment Income | $82,834 | PYInvestmentIncomeAmt |
| CY Investment Income | $144,183 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $94,935,292 | PYTotalRevenueAmt |
| CY Total Revenue | $108,745,667 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $458,071 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $734,368 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,051,867 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,321,388 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $59,418,913 | PYOtherExpensesAmt |
| CY Other Expenses | $68,234,636 | CYOtherExpensesAmt |
| PY Total Expenses | $90,928,851 | PYTotalExpensesAmt |
| CY Total Expenses | $106,290,392 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $4,006,441 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,455,275 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $38,391,512 | TotalAssetsBOYAmt |
| Total Assets EOY | $52,044,292 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $13,995,604 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $25,193,109 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,395,908 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,851,183 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | VEIC IS A SUSTAINABLE ENERGY COMPANY ON A MISSION TO GENERATE THE ENERGY SOLUTIONS THE WORLD NEEDS (CONTINUES IN SCHEDULE O). (CONTINUED) 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 GOALS AND REDUCE GREENHOUSE GAS (GHG). VEIC IS NATIONALLY RECOGNIZED FOR DEVELOPING PILOTS AND PROGRAMS THAT OPTIMIZE ENERGY USE, REDUCE ENERGY BURDENS FOR LOW-INCOME CUSTOMERS, AND ADVANCE NEW TECHNOLOGIES. IN ADDITION TO OUR FULL-SERVICE CONSULTING BUSINESS, VEIC ADMINISTERS THREE LARGE-SCALE SUSTAINABLE ENERGY PROGRAMS: EFFICIENCY VERMONT, EFFICIENCY SMART, AND THE DC SUSTAINABLE ENERGY UTILITY (DCSEU). | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $58,228,605 | ExpenseAmt |
| Grant | $734,368 | GrantAmt |
| Revenue | $59,593,738 | RevenueAmt |
| Desc | EFFICIENCY VERMONT WORKS WITH PARTNERS TO HELP THE STATE TRANSITION TO MORE AFFORDABLE, LOW CARBON ENERGY USE THROUGH EDUCATION, INCENTIVES, AND SUPPORT FOR OUR CLEAN ENERGY WORKFORCE. THE INVESTMENTS THAT VERMONTERS HAVE MADE IN ENERGY EFFICIENCY SINCE EFFICIENCY VERMONT'S INCEPTION IN 2000 WILL SAVE THEM OVER $3 BILLION OVER THE LIFETIME OF THOSE INVESTMENTS, AND AVOID OVER 13 MILLION TONS OF CO2E. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $33,428,071 | ExpenseAmt |
| Revenue | $34,850,973 | RevenueAmt |
| Desc | THE DC SUSTAINABLE ENERGY UTILITY (DCSEU) IS THE ONLY UTILITY IN THE COUNTRY THAT COMBINES ENERGY SAVINGS GOALS WITH SOCIAL EQUITY GOALS. SINCE 2011, THE DCSEU HAS HELPED DISTRICT RESIDENTS, BUSINESSES, AND INSTITUTIONS GENERATE MORE THAN $1.4 BILLION IN LIFETIME ENERGY COST SAVINGS, AND PREVENT MORE THAN 6.2 MILLION TONS OF GREENHOUSE GAS EMISSIONS. THE DCSEU HAS INVESTED MORE THAN $50 MILLION IN ENERGY EFFICIENCY AND RENEWABLE ENERGY PROJECTS IN LOW-INCOME COMMUNITIES. OUR WORK IS BUILDING A BRIGHTER ECONOMIC, ENVIRONMENTAL, AND ENERGY FUTURE FOR THE DISTRICT. (CONTINUES IN SCHEDULE O) (CONTINUED) IN 2022, THE DCSEU'S EFFORTS GENERATED $149 MILLION IN LIFETIME COST SAVINGS FOR DC RESIDENTS AND BUSINESSES, CREATED 94 GREEN JOBS FOR DISTRICT RESIDENTS, AND PREVENTED 688,000 MTCO2E IN LIFETIME GREENHOUSE GAS EMISSIONS, THE EQUIVALENT OF 77 MILLION GALLONS OF GASOLINE CONSUMED. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $3,522,163 | ExpenseAmt |
| Revenue | $4,250,542 | RevenueAmt |
| Desc | EFFICIENCY SMART HELPS PARTICIPATING MUNICIPAL ELECTIRC UTILITIES AND THEIR CUSTOMERS REDUCE THEIR ENERGY USE AND SAVE MONEY THROUGH TECHINCAL ASSISTANCE AND FINANCIAL INCENTIVES. SINCE 2011, EFFICIENCY SMART HAS SERVED MORE THAN 65 OF AMERICAN MUNICIPAL POWER'S MEMBER UTILITIES IN FOUR STATES. IN 2022, EFFICIENCY SMART ASSISTED AN ESTIMATED 4,669 RESIDENTIAL HOUSEHOLDS AND 206 BUSINESSES. THESE CUSTOMERS WILL REALIZE MORE THAN $29.5 MILLION IN SAVINGS OVER THE LIFETIME OF THE PRODUCTS THEY INSTALLED IN. IN ADDITION, PARTICIPATING MUNICIPAL ELECTRIC UTILITIES SAVED MORE THAN $17.6 MILLION IN ENERGY, CAPACITY AND TRANSMISSION COSTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $7,166,780 | ExpenseAmt |
| Revenue | $8,617,207 | RevenueAmt |
| Desc | ENERGY SERVICES: VEIC PROVIDES NATIONAL AND INTERNATIONAL CONSULTING SERVICES TO UTILITIES, BUSINESSES, GOVERNMENT AGENCIES, MUNICIPALITIES AND FOUNDATIONS. WE WORK WITH OUR CLIENTS TO DECARBONIZE THEIR ENERGY SYSTEMS THROUGH OUR FOUR CORE SERVICES: ENERGY EFFICIENCY, BUILDING DECARBONIZATION, TRANSPORTATION ELECTRIFICATION, AND MAKING ELECTRICITY GRIDS CLEAN AND FLEXIBLE. WE HELP OUR CLIENTS SAVE ENERGY, REDUCE GREENHOUSE GAS EMISSIONS, AND ADVANCE SOCIAL AND ECONOMIC EQUITY. IN 2022, VEIC'S CONSULTING SERVICES SPANNED MORE THAN 24 STATES AND PROVINCES, INCLUDING CONTINUED GROWTH OF WORK IN HAWAII AND CALIFORNIA, AND SERVED MORE THAN 72 CLIENTS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $7,166,780 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Revenue | $8,617,207 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $102,345,619 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 426 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 381 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | KATHERINE MEYERS | PersonNm |
| Phone | 8026586060 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 WINOOSKI FALLS WAY 5TH FLOOR | AddressLine1Txt |
| City | WINOOSKI | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05404 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (22 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARC MIHALY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $3,000 | $0 | $0 | |||
| ELIZABETH WILSON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $1,000 | $0 | $0 | |||
| DIANNE DILLON-RIDGLEY | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $2,000 | $0 | $0 | |||
| NANCY OWENS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $2,000 | $0 | $0 | |||
| ISABELINA NAHMENS | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $2,000 | $0 | $0 | |||
| NICK RICHARDSON | ||||||||
| BOARD CHAIR | 1.00 | Yes (X) | $4,100 | $0 | $0 | |||
| ELLEN ZUCKERMAN | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JANET BESSER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $3,000 | $0 | $0 | |||
| CEDERICK ANTHONY PICKETT | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $2,000 | $0 | $0 | |||
| OSWALDO ACOSTA | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $3,000 | $0 | $0 | |||
| BRANDI COLANDER | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $1,500 | $0 | $0 | |||
| MERRIAN BORGESON | ||||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| KURT JANSON | ||||||||
| CHIEF GENERAL COUNSEL | 37.50 | $151,296 | $0 | $8,248 | Yes (X) | |||
| REBECCA FOSTER | ||||||||
| CEO | 37.50 | $247,021 | $0 | $30,399 | Yes (X) | |||
| KATHERINE MEYERS | ||||||||
| CFO | 37.50 | $181,018 | $0 | $10,147 | Yes (X) | |||
| THEODORE TRABUE | ||||||||
| DIRECTOR, DC SEU THROUGH JULY 2022 | 37.50 | $316,079 | $0 | $7,335 | Yes (X) | |||
| BRANDON BOWLES | ||||||||
| INTERIM DIRECTOR, DC SEU | 37.50 | $212,333 | $0 | $926 | Yes (X) | |||
| MATTHEW DOOLEY | ||||||||
| DIRECTOR, ENERGY SERVICES | 37.50 | $210,643 | $0 | $11,198 | Yes (X) | |||
| PATRICIA BOYD | ||||||||
| DIR., TECHNOLOGY & INNOVATION | 37.50 | $168,623 | $0 | $17,903 | Yes (X) | |||
| ANGELA JOHNSON | ||||||||
| DIRECTOR, FINANCE | 37.50 | $174,953 | $0 | $15,969 | Yes (X) | |||
| PIERRE VAN DER MERWE | ||||||||
| CHIEF TECHNOLOGY OFFICER | 37.50 | $167,336 | $0 | $29,841 | Yes (X) | |||
| LISA HARRIS | ||||||||
| CHIEF PEOPLE OFFICER | 37.50 | $190,048 | $0 | $10,940 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,042,950 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $142,906 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 98 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CAPSTONE COMMUNITY ACTION INC | |||||
| 20 GABLE PLACE | BARRE | VT | 05641 | CUSTOMER INCENTIVE PROCESSOR | $1,593,357 |
| PEER CONSULTANTS PC | |||||
| 409 12TH ST SW SUITE 603 | WASHINGTON | DC | 20024 | TEMP STAFFING AGENCY | $1,071,239 |
| CORESTAFF SERVICES INC | |||||
| 3475 LENOX RD NE | ATLANTA | GA | 30326 | TEMP STAFFING AGENCY | $685,155 |
| ASPEN OF DC INC | |||||
| 1315 IRVING ST NW | WASHINGTON | DC | 20010 | TEMP STAFFING AGENCY | $298,650 |
| INSTITUTE FOR MARKET TRANSFORMATION | |||||
| 1707 L STREET NW SUITE 1050 | WASHINGTON | DC | 20036 | ENERGY CONSULTANT | $223,156 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 10 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,433,207 | GovernmentGrantsAmt |
| Total Contributions | $1,433,207 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| ENERGY EFFICENCY UTILITIES | 561000 | $95,709,020 | $95,709,020 |
| ENERGY SERVICES: CONSULTING | 541700 | $8,461,496 | $8,461,496 |
| PERFORMANCE INCENTIVE AWARDS | 541700 | $2,986,234 | $2,986,234 |
| PROJECT REVENUE | 541700 | $11,527 | $11,527 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $107,168,277 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $144,183 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $144,183 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $108,745,667 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $107,312,460 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $734,368 | TotalAmt |
| Program Services | $734,368 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,250,759 | TotalAmt |
| Program Services | $518,016 | ProgramServicesAmt |
| Management And General | $732,743 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,538,230 | TotalAmt |
| Program Services | $22,103,547 | ProgramServicesAmt |
| Management And General | $7,434,683 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,040,490 | TotalAmt |
| Program Services | $806,576 | ProgramServicesAmt |
| Management And General | $233,914 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,209,832 | TotalAmt |
| Program Services | $2,434,985 | ProgramServicesAmt |
| Management And General | $774,847 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,282,077 | TotalAmt |
| Program Services | $1,753,010 | ProgramServicesAmt |
| Management And General | $529,067 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -$6,715 | TotalAmt |
| Management And General | -$6,715 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,764 | TotalAmt |
| Management And General | $102,764 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,389 | TotalAmt |
| Management And General | $90,389 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,898,258 | TotalAmt |
| Program Services | $5,498,360 | ProgramServicesAmt |
| Management And General | $399,898 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,657,701 | TotalAmt |
| Program Services | $1,657,701 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $763,140 | TotalAmt |
| Program Services | $599,522 | ProgramServicesAmt |
| Management And General | $163,618 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,105,094 | TotalAmt |
| Program Services | $1,514,978 | ProgramServicesAmt |
| Management And General | $590,116 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $395,721 | TotalAmt |
| Program Services | $246,188 | ProgramServicesAmt |
| Management And General | $149,533 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $263,175 | TotalAmt |
| Program Services | $217,696 | ProgramServicesAmt |
| Management And General | $45,479 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $471,524 | TotalAmt |
| Program Services | $189,056 | ProgramServicesAmt |
| Management And General | $282,468 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $430,753 | TotalAmt |
| Management And General | $430,753 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| INCENTIVE PAYMENTS | $53,071,315 | $53,071,315 | |
| EQUIPMENT AND SOFTWARE | $1,640,343 | $541,984 | $1,098,359 |
| OTHER EXPENSES | $1,026,597 | $273,170 | $753,427 |
| G&A ALLOC. TO PROGRAMS | $0 | $9,995,706 | -$9,995,706 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $324,577 | TotalAmt |
| Program Services | $189,441 | ProgramServicesAmt |
| Management And General | $135,136 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $106,290,392 | TotalAmt |
| Program Services | $102,345,619 | ProgramServicesAmt |
| Management And General | $3,944,773 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $208,092 | BOYAmt |
| EOY | $1,377,969 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,912,391 | BOYAmt |
| EOY | $12,845,617 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,177,280 | BOYAmt |
| EOY | $20,062,046 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,737,033 | BOYAmt |
| EOY | $2,887,561 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,786 | BOYAmt |
| EOY | $12,686 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,394,353 | BOYAmt |
| EOY | $1,372,051 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $7,502,793 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,977,537 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $853,064 | BOYAmt |
| EOY | $1,525,256 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,137 | BOYAmt |
| EOY | $81,005 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,315 | BOYAmt |
| EOY | $5,315 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $978,061 | BOYAmt |
| EOY | $11,874,786 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,391,512 | BOYAmt |
| EOY | $52,044,292 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,182,580 | BOYAmt |
| EOY | $12,271,007 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $326,165 | BOYAmt |
| EOY | $169,898 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,486,859 | BOYAmt |
| EOY | $2,551,319 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $10,200,885 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,995,604 | BOYAmt |
| EOY | $25,193,109 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,395,908 | BOYAmt |
| EOY | $26,851,183 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,395,908 | BOYAmt |
| EOY | $26,851,183 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,391,512 | BOYAmt |
| EOY | $52,044,292 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,455,275 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $16,385,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $500,673 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,433,207 | CurrentTaxYearAmt |
| Total | $18,319,464 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,335,778 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,862,994 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $105,166,186 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $94,367,863 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $107,159,850 | CurrentTaxYearAmt |
| Total | $492,892,671 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,335,778 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,862,994 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,551,770 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $94,868,536 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $108,593,057 | CurrentTaxYearAmt |
| Total | $511,212,135 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $16,385,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $500,673 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,433,207 | CurrentTaxYearAmt |
| Total | $18,319,464 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $16,385,584 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $500,673 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,433,207 | CurrentTaxYearAmt |
| Total | $18,319,464 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $492,892,671 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $93,799 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $155,116 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $110,380 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $82,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $144,183 | CurrentTaxYearAmt |
| Total | $586,312 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $93,799 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $155,116 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $110,380 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $82,834 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $144,183 | CurrentTaxYearAmt |
| Total | $586,312 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year | $0 | CurrentTaxYearAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | -$16,078 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $8,427 | CurrentTaxYearAmt |
| Total | -$7,651 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $87,429,577 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $99,018,110 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,662,150 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $94,935,292 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $108,745,667 | CurrentTaxYearAmt |
| Total | $511,790,796 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.96310 | PublicSupportCY509Pct |
| Public Support PY509 | 0.96520 | PublicSupportPY509Pct |
| Investment Income CY | 0.00110 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00090 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART III, SECTION B, LINE 12, OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | THIS LINE REPRESENTS THE GAIN (LOSS) FROM SUBSIDIARIES. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | VolunteersInd |
| Paid Staff Or Management | Yes (1) | PaidStaffOrManagementInd |
| Media Advertisements | 0 | MediaAdvertisementsInd |
| Mailings Members | 0 | MailingsMembersInd |
| Publications Or Broadcast | 0 | PublicationsOrBroadcastInd |
| Grants Other Organizations | 0 | GrantsOtherOrganizationsInd |
| Direct Contact Legislators | Yes (1) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $90,389 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | 0 | RalliesDemonstrationsInd |
| Other Activities | 0 | OtherActivitiesInd |
| Total Lobbying Expenditures | $90,389 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | 0 | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART II-B, LINE 1: | VEIC'S PRIMARY LOBBYING ACTIVITIES WERE RELATED TO STATE GOVERNMENT ACTIVITIES IN VERMONT. VEIC HAS EMPLOYEES WHO ARE REGISTERED LOBBYISTS WITH THE VERMONT SECRETARY OF STATE'S OFFICE. THESE EMPLOYEES DO NOT SPEND A MAJORITY OF THEIR TIME ON LOBBYING. (CONTINUES ON NEXT PAGE) VEIC ALSO EMPLOYS A CONTRACT LOBBYIST WITHIN VERMONT (THE NECRASON GROUP) FOR ASSISTANCE AND SUPPORT ON LEGISLATIVE AND EXECUTIVE BRANCH RELATIONS. |
| PART II -B - LINE 1B, PAID STAFF OR MANAGEMENT: | VEIC EMPLOYEES REGISTERED AS LOBBYISTS CONSIST OF DANIEL REILLY AND REBECCA FOSTER. |
| PART II -B - LINE 1G, DIRECT CONTACT WITH THE GOVERNMENT: | VEIC OCCASIONALLY INTERACTS WITH THE FEDERAL GOVERNMENT ON ISSUES AND LEGISLATION OF INTEREST TO THE ORGANIZATION. THIS PRIMARILY COMES THROUGH CONTACTS WITH THE VERMONT CONGRESSIONAL DELEGATION AND THEIR STAFF, AND WITH FEDERAL AGENCY OFFICIALS (MOSTLY AT THE U.S. DEPARTMENT OF ENERGY, BUT PERIODICALLY ALSO WITH STAFF AT THE COUNCIL ON ENVIRONMENTAL QUALITY, THE USDA, AND OTHER AGENCIES WITH PERIPHERAL ENERGY-RELATED INTERESTS). |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | Yes (1) | AgentTrusteeEtcInd |
| Beginning Balance | $15,883,187 | BeginningBalanceAmt |
| Additions During Year | $65,326,987 | AdditionsDuringYearAmt |
| Distributions During Year | -$59,987,676 | DistributionsDuringYearAmt |
| Ending Balance | $21,222,498 | EndingBalanceAmt |
| Incl Escrow Custodial Acct Liab | 0 | InclEscrowCustodialAcctLiabInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $319,012 | OtherCostOrOtherBasisAmt |
| Depreciation | $64,874 | DepreciationAmt |
| Book Value | $254,138 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,325,639 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,054,521 | DepreciationAmt |
| Book Value | $1,271,118 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $858,142 | OtherCostOrOtherBasisAmt |
| Depreciation | $858,142 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,525,256 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ACCRUED INCENTIVE REVENUE, LESS CURRENT PORTION | $1,777,376 |
| ACCOUNTS RECEIVABLE, LESS CURRENT PORTION | $83,344 |
| RIGHT-OF-USE ASSETS - OPERATING LEASES | $10,014,066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $11,874,786 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITIES - OPERATING | Desc |
| Amt | $10,200,885 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $10,200,885 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 1B: | ESCROW AND CUSTODIAL ARRANGEMENT: VEIC SERVED AS THE EFFICIENCY VERMONT FISCAL AGENT OF THE VERMONT ELECTRIC EFFICIENCY UTILITY FUND FUNDS IN 2022. AS FISCAL AGENT AND TRUSTEE OF THESE FUNDS, VEIC IS RESPONSIBLE FOR ONGOING COLLECTION AND DISBURSEMENT OF FUNDS AND MANAGEMENT AND CUSTODY OF FUND BANK ACCOUNTS TO ENSURE ALL OBLIGATIONS ARE MET IN ACCORDANCE WITH REGULATORY GUIDELINES. |
| PART X, LINE 2: | EACH YEAR, MANAGEMENT CONSIDERS WHETHER ANY MATERIAL TAX POSITION THE COMPANY HAS TAKEN IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT BELIEVES THAT ANY POSITIONS THE COMPANY HAS TAKEN ARE SUPPORTED BY SUBSTANTIAL AUTHORITY AND, THEREFORE, DO NOT NEED TO BE MEASURED OR DISCLOSED. WITH FEW EXCEPTIONS, THE COMPANY IS SUBJECT TO U.S. FEDERAL OR STATE EXAMINATIONS BY TAX AUTHORITIES FOR THE MOST RECENT THREE YEARS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| UNITED KINGDOM | 0 | 1 | PAYROLL AND BENEFITS | AN EMPLOYEE OF THE COMPANY RESIDES IN THE UK. | $126,164 |
| CANADA | 0 | 0 | CONSULTING AND ENGINEERING SERVICES | $52,296 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 1 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Subtotal Spent | $178,460 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $178,460 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III ACCOUNTING METHOD: | |
| PART I, LINE 3 (F) | AMOUNTS REPORTED CONSIST OF EXPENDITURES FOR EACH REGION REPORTED ON THE ACCRUAL BASIS IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| THEODORE TRABUE | ||||||||||||||
| DIRECTOR, DC SEU THROUGH JULY 2022 | $119,943 | $0 | $2,006 | $0 | $194,130 | $0 | $6,855 | $0 | $480 | $0 | $323,414 | $0 | $0 | $0 |
| REBECCA FOSTER | ||||||||||||||
| CEO | $243,740 | $0 | $2,006 | $0 | $1,275 | $0 | $9,623 | $0 | $20,776 | $0 | $277,420 | $0 | $0 | $0 |
| MATTHEW DOOLEY | ||||||||||||||
| DIRECTOR, ENERGY SERVICES | $185,437 | $0 | $22,006 | $0 | $3,200 | $0 | $10,272 | $0 | $926 | $0 | $221,841 | $0 | $0 | $0 |
| BRANDON BOWLES | ||||||||||||||
| INTERIM DIRECTOR, DC SEU | $188,631 | $0 | $20,502 | $0 | $3,200 | $0 | $0 | $0 | $926 | $0 | $213,259 | $0 | $0 | $0 |
| LISA HARRIS | ||||||||||||||
| CHIEF PEOPLE OFFICER | $186,907 | $0 | $2,006 | $0 | $1,135 | $0 | $1,929 | $0 | $9,011 | $0 | $200,988 | $0 | $0 | $0 |
| PIERRE VAN DER MERWE | ||||||||||||||
| CHIEF TECHNOLOGY OFFICER | $164,830 | $0 | $2,006 | $0 | $500 | $0 | $9,065 | $0 | $20,776 | $0 | $197,177 | $0 | $0 | $0 |
| KATHERINE MEYERS | ||||||||||||||
| CFO | $175,812 | $0 | $2,006 | $0 | $3,200 | $0 | $8,833 | $0 | $1,314 | $0 | $191,165 | $0 | $0 | $0 |
| ANGELA JOHNSON | ||||||||||||||
| DIRECTOR, FINANCE | $172,010 | $0 | $2,006 | $0 | $937 | $0 | $6,815 | $0 | $9,154 | $0 | $190,922 | $0 | $0 | $0 |
| PATRICIA BOYD | ||||||||||||||
| DIR., TECHNOLOGY & INNOVATION | $166,117 | $0 | $2,006 | $0 | $500 | $0 | $8,677 | $0 | $9,226 | $0 | $186,526 | $0 | $0 | $0 |
| KURT JANSON | ||||||||||||||
| CHIEF GENERAL COUNSEL | $146,090 | $0 | $2,006 | $0 | $3,200 | $0 | $7,394 | $0 | $854 | $0 | $159,544 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4 (A) | FormAndLineReferenceDesc |
| Explanation | THEODORE TRABUE, FORMER MANAGING DIRECTOR FOR THE DC SUSTAINABLE ENERGY UTILITY, RECEIVED A $175,000 SEVERANCE PAYMENT IN 2022, WHICH WAS FUNDED BY NON-CONTRACT-RELATED VEIC RESERVES. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE ORGANIZATION'S GOVERNING BODY REVIEWS THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | VEIC REQUIRES AN ANNUAL SIGN OFF FROM DIRECTORS DISCLOSING INTERESTS THAT COULD GIVE RISE TO CONFLICT OF INTEREST. THE CONFLICT OF INTEREST STATEMENTS ARE SUBMITTED FOR REVIEW TO VEIC. AS SOON AS POTENTIAL CONFLICT OF INTEREST EXISTS, A BOARD MEMBER MUST FULLY DISCLOSE THE NATURE OF THE INTEREST AND WITHDRAW FROM VOTING ON THE MATTER. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD OF DIRECTORS DETERMINED THE CEO'S SALARY. THE BOARD WAS ADVISED BY THE CONSULTANT/ SEARCH FIRM (ISAACSON MILLER) WHO HELPED THEM HIRE THIS POSITION. THEY ALSO CONSIDERED EXECUTIVE SALARIES FOR OTHER VERMONT NON-PROFIT AND GOVERNMENT INSTITUTIONS. THE CEO'S COMPENSATION IS REVIEWED ANNUALLY. THE CEO MAKES DECISIONS REGARDING ALL KEY EMPLOYEE COMPENSATION (EXCLUDING CEO COMPENSATION WHICH IS DETERMINED BY THE BOARD). |
| FORM 990, PART VI, SECTION C, LINE 19 | VEIC PROVIDES THESE DOCUMENTS TO ANY MEMBER OF THE PUBLIC UPON REQUEST. |
| FORM 990, PART XII, LINE 2C: | NO CHANGES FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COMMONS ENERGY L3C | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 WINOOSKI FALLS WAY 5TH FLOOR | AddressLine1Txt |
| City | WINOOSKI | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 464740743 | EIN |
| Primary Activities | PROVIDE ENERGY IMPROVEMENT SERVICES TO UNDERSERVED PUBLIC BUILDINGS | PrimaryActivitiesTxt |
| Legal Domicile State | VT | LegalDomicileStateCd |
| Total Income | $71,637 | TotalIncomeAmt |
| End Of Year Assets | $2,290,498 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VERMONT ENERGY INVESTMENT CORPORATION | BusinessNameLine1Txt |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUN SHARES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 WINOOSKI FALLS WAY 5TH FLOOR | AddressLine1Txt |
| City | WINOOSKI | CityNm |
| State Abbreviation | VT | StateAbbreviationCd |
| ZIP | 05404 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474405649 | EIN |
| Primary Activities | ELECTRIC POWER | PrimaryActivitiesTxt |
| Legal Domicile State | VT | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VEIC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $10,868 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $31,546 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUN SHARES LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | D | TransactionTypeTxt |
| Involved | $25,000 | InvolvedAmt |
| Method Of Amount Determination | CASH VALUE | MethodOfAmountDeterminationTxt |
Comments