2015-02-16T07:48:20-06:00 2014-06-30 263752134 CBIZ TOFIAS 500 BOYLSTON ST BOSTON MA 02116 990 2013-07-01 042790398 ENERGY FEDERATION INC ENER 5088702277 40 WASHINGTON STREET WESTBOROUGH MA 01581 BRADLEY STEELE PRESIDENT/CEO 5088702277 2015-02-06 1 CRAIG KLEIN P00734640 6177610600 2015-02-06 2013 2016-02-25 16:41:14Z BRADLEY STEELE 40 WASHINGTON STREET WESTBOROUGH MA 01581 60861271 0 X WWW.EFI.ORG X 1982 MA WE BELIEVE IT IS ESSENTIAL TO ENCOURAGE ENVIRONMENTALLY BENIGN AND SUSTAINABLE USE OF THE PLANET'S ENERGY AND WATER RESOURCES. THROUGH THE DISTRIBUTION OF RESOURCE-CONSERVING PRODUCTS, DELIVERY OF SERVICES TO UTILITIES AND ENERGY EFFICIENCY PROGRAM PROVIDERS, AND THE PROVISION OF OBJECTIVE, ACCURATE INFORMATION, WE STRIVE TO ASSIST PEOPLE IN THEIR EFFORTS TO USE ENERGY AND WATER EFFICIENTLY. 12 10 158 0 0 0 0 0 5198198 6468670 0 -87913 7831070 9826704 13029268 16207461 69325 27000 0 0 7519981 9076990 0 0 0 5029076 6474820 12618382 15578810 410886 628651 31866371 37952709 22156753 27614440 9709618 10338269 X WE BELIEVE IT IS ESSENTIAL TO ENCOURAGE ENVIRONMENTALLY BENIGN AND SUSTAINABLE USE OF THE PLANET'S ENERGY AND WATER RESOURCES. THROUGH THE DISTRIBUTION OF RESOURCE-CONSERVING PRODUCTS, DELIVERY OF SERVICES TO UTILITIES AND ENERGY EFFICIENCY PROGRAM PROVIDERS, AND THE PROVISION OF OBJECTIVE, ACCURATE INFORMATION, WE STRIVE TO ASSIST PEOPLE IN THEIR EFFORTS TO USE ENERGY AND WATER EFFICIENTLY. 0 0 7173832 13500 9826704 DISTRIBUTION OF ENERGY AND RESOURCE EFFICIENT PRODUCTS AND MATERIALS TO THE WHOLESALE AND CONSUMER MARKETS.ENERGY FEDERATION, INC. (EFI) WORKS ACTIVELY WITH LOW INCOME WEATHERIZATION ASSISTANCE PROGRAM (WAP) PROVIDERS, AND THE CONTRACTORS THEY UTILIZE, TO PROVIDE THEM WITH A VARIETY OF HIGH QUALITY WEATHERIZATION, VENTILATION AND EFFICIENT LIGHTING PRODUCTS TO RETROFIT HOMES INHABITED BY LOW INCOME FAMILIES. INCREASINGLY, PROGRAMS THAT PROVIDE ENERGY EFFICIENCY SERVICES TO LOW INCOME HOUSEHOLDS ARE DEPENDENT UPON RECEIVING FUNDING FROM UTILITY RATEPAYER 'SYSTEM BENEFIT' OR 'PUBLIC GOOD' CHARGES. EFI HAS BEEN WORKING WITH BOTH OUR UTILITY CLIENTS AND VARIOUS LOW INCOME SERVICE PROVIDERS TO FIND WAYS TO USE UTILITY 'EE' FUNDS TO PROVIDE COMPLEMENTARY OR SUPPLEMENTARY BENEFITS TO THE SERVICES THE AGENCIES ARE PROVIDING TO THEIR CONSTITUENTS. COMPLEMENTARY SERVICES MIGHT INCLUDE SUPPLYING LED BULBS TO AGENCIES FOR INSTALLATIONS IN HOMES HAVING THERMAL SHELL AND/OR HVAC SYSTEM WORK DONE. SUPPLEMENTARY SERVICES MIGHT INVOLVE DIRECTLY SHIPPING HOT WATER SAVING DEVICES AND/OR ENERGY EFFICIENT CFL AND LED LIGHT BULBS TO LOW INCOME HOUSEHOLDS FOR THE RESIDENTS TO INSTALL ON A DO-IT-YOURSELF BASIS.SINCE 2012 EFI HAS WORKED WITH ENERGY SERVICE COMPANY PARTNERS AND UTILITY CLIENTS TO DEVELOP A RATHER UNIQUE 'SALES CHANNEL' FOR UPSTREAM (UTILITY FUNDED) INCENTIVE PROGRAMS TO PROMOTE ENERGY STAR QUALIFIED LIGHT BULBS. THESE PROGRAMS ARE COMMON TO ALL STATES THAT HAVE EFFICIENCY PROGRAMS FUNDED WITH SYSTEM BENEFIT CHARGES ON UTILITY BILLS, AND EFI PROVIDES INCENTIVE FULFILLMENT SERVICES AND PROGRAM ADMINISTRATIVE SUPPORT SERVICES FOR APPROXIMATELY TWO DOZEN SUCH PROGRAMS ACROSS THE COUNTRY. WE HAVE CONVINCED CLIENTS IN MAINE, MISSOURI, GEORGIA, WISCONSIN AND OHIO TO DEVOTE A PORTION OF THEIR PROGRAMS' INCENTIVE FUNDS TO SUPPLYING COMPACT FLUORESCENT LAMPS (CFLS) TO FOOD BANKS, WHICH DISTRIBUTE THEM TO LOW INCOME HOUSEHOLDS VIA FOOD PANTRIES WITHIN OUR CLIENTS' SERVICE TERRITORIES. IN 2014, EFI SUPPLIED OVER ONE MILLION ENERGY SAVING BULBS WHICH WERE DISTRIBUTED THROUGH THESE FOOD PANTRIES.PART OF EFI'S MISSION IS TO FIND INNOVATIVE, EFFECTIVE NEW ENERGY SAVING PRODUCTS, AND TO DEVISE CREATIVE WAYS, WORKING WITH OUR CUSTOMER AND CLIENT BASE, THAT INCLUDES UTILITIES, STATE ENERGY OFFICES, PROGRAM EVALUATORS AND DESIGNERS, ENERGY SERVICE COMPANIES, AND A VARIETY OF NON-PROFITS AND NGO'S TO DEVELOP PROMISING NEW PRODUCTS AND BRING THEM TO MARKET. PRODUCTS AND PRODUCT CATEGORIES EFI HAS BEEN ACTIVELY PROMOTING RECENTLY WHICH WE BELIEVE CAN BE TERMED INNOVATIVE, WITH THE POTENTIAL TO BECOME 'MARKET TRANSFORMATIVE' INCLUDE:- LED LIGHTING: EFI HAS BEEN WORKING WITH OUR UTILITY CLIENTS, KEY CUSTOMER ACCOUNTS, AND THE U.S. DEPARTMENT OF ENERGY (DOE) AND THE ENVIRONMENTAL PROTECTION AGENCY (EPA) THROUGH THEIR SOLID STATE LIGHTING AND ENERGY STAR PROGRAMS TO ENCOURAGE THE DEVELOPMENT OF THE SSL MARKET, AND TO DEVISE WAYS TO INCORPORATE LED BULBS INTO 'UTILITY' ENERGY EFFICIENCY PROGRAMS. SSL TECHNOLOGY CONTINUES TO BUILD TRACTION AND IMPRESSIVE MOMENTUM IN 2014. EFI SALES OF LED LIGHTING PRODUCTS, AS MEASURED IN DOLLARS, FAR SURPASS EFI'S CFL SALES, AND IN THE SECOND HALF OF CALENDAR YEAR 2014 (WHICH IS ACTUALLY IN EFI'S FISCAL YEAR 2015, LED BULB SALES HAVE ALMOST MATCHED CFL BULB SALES. LED BULBS ARE THE MOST EFFICIENT LIGHT SOURCE AVAILABLE FOR GENERAL HOUSEHOLD USE, HAVE THE LONGEST LIFE, AND UNLIKE THE ALSO ENERGY EFFICIENT CFL BULBS, CONTAIN NO MERCURY AND ARE BELIEVED TO BE LESS OF AN ENVIRONMENTAL PROBLEM THAN CFLS AT END OF LIFE. BECAUSE THE AVERAGE LED BULB LIFETIME RANGES FROM 25,000 HOURS TO 50,000 HOURS, WHICH IS ROUGHLY 25X-50X THE LIFETIME OF INCANDESCENT BULBS AND 2.5X - 8X THE LIFETIME OF CFL BULBS, FAR FEWER LIGHT BULBS WILL BE GOING INTO THE WASTE STREAM IF CONSUMERS AND BUSINESSES ARE CONVINCED TO PURCHASE LED BULBS. THEY ALSO ARE GETTING FAR GREATER ACCEPTANCE FROM CONSUMERS THAN CFLS EVER DID IN THEIR THREE DECADES ON THE MARKET. CERTAINLY THEIR PERFORMANCE CHARACTERISTICS - RAPID START, IMMEDIATE FULL BRIGHTNESS, DIMMING CAPABILITY, RELIABLE OPERATION AT A VARIETY OF AMBIENT TEMPERATURES - ALLOW THEM TO BE USED, AND ACCEPTED, IN A VARIETY OF COMMON LIGHTING APPLICATIONS WHERE CFLS' PERFORMANCE CHARACTERISTICS ARE NOT IDEAL.EFI HAS WORKED WITH SEVERAL UTILITY CLIENTS (IN OHIO, MISSOURI AND WASHINGTON) TO STIMULATE AWARENESS OF LED BULBS WITH CONSUMERS BY PLANNING AND IMPLEMENTING 'KIT' PROGRAMS IN WHICH CUSTOMERS COULD REQUEST THEY BE SENT A FREE LED BULB AS A MEANS OF EITHER REWARDING THEM FOR PARTICIPATING IN ANOTHER UTILITY SPONSORED ENERGY EFFICIENCY PROGRAM, OR AS AN INDUCEMENT TO ENCOURAGE THEM TO TRY THIS NEW LIGHTING SOURCE, AND IF THEY LIKED IT, TO PARTICIPATE IN PROGRAMS WHERE THEY COULD PURCHASE MORE OF THE LED BULBS, AT INCENTIVIZED OR DISCOUNTED PRICES AT LOCAL STORES.- WIFI THERMOSTATS HAVE BECOME ANOTHER NEW AND RAPIDLY GROWING INNOVATIVE PRODUCT LINE FOR EFI. IN 2013 EFI BEGAN WORKING WITH NEST, A COMPANY WHOSE FOUNDERS WORKED FOR APPLE DEVELOPING THE IPHONE AND IPAD PRODUCTS AND WAS PURCHASED BY GOOGLE WITHIN THE PAST YEAR, TO PROMOTE THEIR WIFI THERMOSTATS VIA UTILITY SUPPORTED ENERGY EFFICIENCY PROGRAMS, WORKING WITH EFI UTILITY CLIENTS AND WITH ENERGY SERVICE COMPANIES PROVIDING SERVICE DELIVERY TO UTILITIES. EFI WAS ABLE TO WORK WITH NEST AND OUR UTILITY CLIENTS ON SEVERAL PILOT INITIATIVES IN MASSACHUSETTS, RHODE ISLAND, NEW JERSEY AND CALIFORNIA. EFI IS PLANNING ON WORKING WITH UTILITY CLIENTS AND ENERGY SERVICE COMPANIES IN MASSACHUSETTS AND COLORADO IN 2015 TO DO LARGER SCALE PROGRAMS WITH WIFI THERMOSTATS, ALTHOUGH THE PROGRAMS WILL BE USING THERMOSTATS MANUFACTURED BY SEVERAL DIFFERENT COMPANIES, INCLUDING HONEYWELL, ECOBEE, AND BUILDING 36, AS WELL AS NEST.WIFI THERMOSTATS ARE INCREASINGLY BEING DISCUSSED AS A LOGICAL DEVICE TO BE THE 'HUB' TO CONNECT VARIOUS DEVICES IN A BUILDING TO MAKE IT A 'SMART' HOME OR 'SMART' BUSINESS. AS THE UTILITY INDUSTRY EVOLVES, AND DEMAND MANAGEMENT STRATEGIES BECOME EQUALLY IF NOT MORE IMPORTANT THAN SUPPLY STRATEGIES TO THE FUTURE EVOLUTION OF THE GRID, THE IMPORTANCE OF DEVICES THAT CAN ASSIST CUSTOMERS AND COMPANIES THEY RELY ON TO HELP THEM MANAGE THEIR POWER CONSUMPTION, WILL BE EVER GREATER.- EFI HAS BEEN DEVELOPING A STRATEGIC ALLIANCE WITH TRICKLESTAR, A MANUFACTURER OF ADVANCE POWER STRIPS (ADS), WHICH IN ESSENCE ARE INTELLIGENT EXTENSION CORDS TO WHICH VARIOUS CONSUMER ELECTRONIC PRODUCTS CAN BE PLUGGED IN. THEY SHUTOFF PERIPHERAL DEVICES SUCH AS DVR PLAYERS AND PRINTERS WHEN 'PRIMARY' OR CONTROLLING DEVICES (TELEVISIONS, PC'S) ARE OFF, OR IN SLEEP MODE. THESE ARE REFERRED TO AS 'PHANTOM LOADS,' BECAUSE THEY ARE UNDERSTOOD BY COMPARATIVELY FEW CONSUMERS AND THUS ARE 'INVISIBLE' TO MOST PEOPLE.EFI HAS WORKED WITH TRICKLESTAR AND CLIENTS TO DEVISE WAYS TO GET THE PRODUCTS INCORPORATED INTO PROGRAMS DELIVERING IN HOME SERVICES, SUCH AS PROVIDING HOME ENERGY ASSESSMENTS/AUDITS, OR INSTALLING ENERGY SAVING MATERIALS (LIGHTING, WATER CONSERVATION, AND NOW ADVANCED POWER STRIPS) IN APARTMENTS IN MULTI-FAMILY BUILDINGS. THESE CHANNELS TO DATE ARE PROVING TO BE THE MOST EFFECTIVE FOR GETTING THESE PRODUCTS INTO THE MARKET - AND SAVING ENERGY. IN 2014 EFI BEGAN SELLING A MORE SOPHISTICATED APS UNIT (DESIGNATED AS A TIER 2 PRODUCT BY A NUMBER OF ENERGY EFFICIENCY PROGRAM PLANNERS AROUND THE COUNTRY) WHICH HAS AN INFRARED SENSING CONTROL BUILT INTO IT TO ENABLE IT TO RECOGNIZE WHEN A CONSUMER HAS LIKELY FALLEN ASLEEP IN FRONT OF A TELEVISION, OR LEFT A TELEVISION ON WHEN THEY HAVE LEFT A ROOM (FOR AN EXTENDED PERIOD OF TIME). THESE IMPROVEMENTS HAVE INCREASED THE ENERGY SAVING POTENTIAL OF THE TECHNOLOGY.- EFI IS EXPLORING WORKING WITH EVOLVE, A COMPANY THAT MAKES A UNIQUE HOT WATER SAVINGS DEVICE, USING A THERMOSTATIC VALVE, INSERTED BETWEEN A SHOWER PIPE ARM AND A SHOWERHEAD, TO SHUT OFF WATER FLOW (TO A TRICKLE) AFTER SOMEONE HAS STARTED A SHOWER, AND THE WATER HAS REACHED THE DESIRED TEMPERATURE (95 DEGREES F), BUT THE PERSON INTENDING TO HAVE THE SHOWER HAS YET TO ENTER THE SHOWER STALL. ON AVERAGE AMERICANS WASTE JUST UNDER 1 MINUTE OF HOT WATER FLOW (PROBABLY ABOUT 2 GALLONS OF HOT WATER) BEFORE THEY START TO SHOWER. 6868436 13500 6468670 INCENTIVE PROCESSING SERVICES TO SUPPORT THE DEMAND SIDE REDUCTION EFFORTS OF THE UTILITY INDUSTRY AND STATE AND FEDERAL AGENCIES.IN FY'2014 EFI ISSUED MORE THAN $155 MILLION OF INCENTIVE CHECKS ON BEHALF OF THE VARIOUS UTILITY, STATE ENERGY OFFICE, AND NGO CLIENTS. THESE INCENTIVE PAYMENTS WERE MADE TO CONSUMERS AND BUSINESSES TO ENCOURAGE THEM TO INVEST IN ENERGY EFFICIENT PRODUCTS AND MEASURES.EFI HAS CONTINUED TO INVEST IN DEVELOPING A WEB-BASED SOFTWARE PLATFORM THAT MAKES IT EASIER FOR CONSUMERS AND BUSINESSES TO APPLY FOR INCENTIVES ASSOCIATED WITH THE PURCHASE AND INSTALLATION OF ENERGY EFFICIENT PRODUCTS AND MEASURES. IN FISCAL YEAR 2014 EFI SUCCESSFULLY DEPLOYED THE SOFTWARE FOR NEARLY TWO DOZEN INCENTIVE PROGRAMS THAT WE ADMINISTER FOR CLIENTS. THE SAVINGS FROM THE PRODUCTS AND MEASURES FOR WHICH EFI ISSUED INCENTIVE/REBATE PAYMENTS ON BEHALF OF CLIENTS WILL PROVIDE SIGNIFICANT BENEFITS TO CONSUMERS AND BUSINESSES IN THE FORM OF LOWER ENERGY BILLS, TO UTILITIES AND SOCIETY IN THE FORM OF A REDUCED NEED TO INVEST IN POWER PLANT DEVELOPMENT AND TO USE SCARCE NATURAL RESOURCES FOR ELECTRICITY GENERATION, TO THE COUNTRY IN THE FORM OF LESS RELIANCE ON NON-INDIGENOUS ENERGY SOURCES, AND TO EVERYONE IN THE FORM OF REDUCED CARBON EMISSIONS. 14042268 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 19 0 1 158 1 0 0 0 0 0 0 X 12 10 1 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 0 1 1 0 MA WI X PINA FICHERA 5088702277 40 WASHINGTON STREET WESTBOROUGH MA 01581 ADAM PARKER DIRECTOR 1.00 X 1500 0 0 STEPHEN COWELL DIRECTOR 1.00 X 1500 0 0 STEVEN FINK DIRECTOR 1.00 X 1500 0 0 ALAN SILVERSTEIN DIRECTOR 1.00 X 1500 0 0 PAUL GROMER DIRECTOR 1.00 X 1500 0 0 IRA KREPCHIN DIRECTOR 1.00 X 1125 0 0 WILLIAM STANWOOD TREASURER/DIRECTOR 1.00 X X 1500 0 0 ROBERT KING VICE-PRESIDENT/DIRECTOR 1.00 X X 1125 0 0 BRADLEY STEELE PRESIDENT/CEO 40.00 X X 186218 0 21483 PINA FICHERA CFO/CLERK 40.00 X X 138171 0 21076 MARY STEWART DIRECTOR 1.00 X 0 0 0 NANCY NYLEN DIRECTOR 1.00 X 0 0 0 JOHN O'CONNELL VICE-PRESIDENT MARKETING 40.00 X 194158 0 18330 PAUL DANEHY VICE-PRESIDENT SALES 40.00 X 192798 0 21451 TIM BROWN CHIEF INFORMATION OFFICER 40.00 X 158679 0 2434 PHILIP SCARBRO V.P. BUSINESS DEVELOPMENT 40.00 X 137157 0 20940 JAMES MURPHY OUTSIDE SALES 40.00 X 171811 0 20898 JED CRAWFORD OUTSIDE SALES 40.00 X 139044 0 9305 L MARK BAKER CHIEF TECHNOLOGY OFFICER 40.00 X 137607 0 20720 MARIE GIANNETTI PROGRAMMER/ANALYST 40.00 X 124647 0 9056 1591540 0 165693 12 0 1 0 D LAWTON ASSOCIATES 17 FOX HILL DRIVE NATICK MA 01760 CONSULTING/PROGRAMMING 658556 QUEST PO BOX 41039 SACRAMENTO CA 95841 IT CONSULTING 118854 2 SERVICES INCOME 518210 6468670 6468670 6468670 87913 -87913 -87913 -87913 54392601 44565897 9826704 9826704 16207461 16295374 0 -87913 27000 27000 1342305 1002802 339503 6162573 5719948 442625 944772 872839 71933 627340 568572 58768 32244 32244 29378 29378 9025 9025 759825 734523 25302 165374 162776 2598 659712 585584 74128 1921512 1746013 175499 1155124 1100832 54292 167280 133650 33630 214083 214083 462891 416602 46289 110677 23713 86964 POSTAGE AND SHIPPING 285706 228565 57141 SUPPLIES 273170 273170 BAD DEBT EXPENSE 130718 130718 TELEPHONE 35832 33646 2186 62269 58207 4062 15578810 14042268 1536542 0 1015987 5506691 19231900 20308018 8896884 9062398 190081 202382 2608860 1569751 1194438 1039109 1337081 1834111 31866371 37952709 11296987 11503199 3718901 10553238 11512219 306528 880121 22156753 27614440 X 9709618 10338269 9709618 10338269 31866371 37952709 628651 0 X 0 1 X 1 0 264343 98809 165534 1572798 993165 579633 771719 477777 293942 1039109 CUSTOMER DEPOSITS 806251 DUE TO RELATED PARTY 73870 880121 X 16207461 0 16207461 0 16207461 15578810 0 15578810 0 15578810 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS ITS ONLY SIGNIFICANT TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION IS NOT CURRENTLY UNDER EXAMINATION BY ANY INCOME TAXING JURISDICTIONS. THE ORGANIZATION'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED. 1 CENTER FOR ECOLOGICAL TECHNOLOGY 112 ELM STREET PITTSFIELD MA 01201 042611726 501 (C)(3) 25000 TO SUPPORT GO GREEN COMMUNITY BASED OUTREACH, JUNIOR SOLAR SPRINT, AND EE TECHNOLOGY WORKSHOPS. 1 0 PART I, LINE 2: THE ORGANIZATION REQUIRES, AS A CONDITION OF THE GRANT, THAT THE RECIPIENT REPORT BACK ON THE UTILIZATION OF THE FUNDS THAT WERE AWARDED. X X X 0 0 0 0 0 0 0 1 0 BRADLEY STEELE PRESIDENT/CEO 164578 0 20452 0 1188 0 3007 0 18476 0 207701 0 0 0 PINA FICHERA CFO/CLERK 128237 0 9520 0 414 0 2253 0 18823 0 159247 0 0 0 JOHN O'CONNELL VICE-PRESIDENT MARKETING 150964 0 42420 0 774 0 2512 0 15818 0 212488 0 0 0 PAUL DANEHY VICE-PRESIDENT SALES 149964 0 42420 0 414 0 2515 0 18936 0 214249 0 0 0 TIM BROWN CHIEF INFORMATION OFFICER 149385 0 8520 0 774 0 2434 0 0 0 161113 0 0 0 PHILIP SCARBRO V.P. BUSINESS DEVELOPMENT 128723 0 8020 0 414 0 2234 0 18706 0 158097 0 0 0 JAMES MURPHY OUTSIDE SALES 170420 0 1340 0 51 0 2024 0 18874 0 192709 0 0 0 L MARK BAKER CHIEF TECHNOLOGY OFFICER 126917 0 10420 0 270 0 2244 0 18476 0 158327 0 0 0 PART I, LINE 4 PART I, LINE 7 THE BONUSES REFLECTED ON SCHEDULE J, PART II, ARE NON-FIXED. THEY ARE DISCRETIONARY IN NATURE. PART I, LINE 4: THE ORGANIZATION ENTERED INTO SEVERANCE AGREEMENTS WITH TIM BROWN AND JAMES MURPHY IN FY 14. PAYMENTS REQUIRED BY THE SEVERANCE AGREEMENTS WERE MADE IN CALENDAR YEAR 2014. FORM 990, PART VI, SECTION A, LINE 2 ADAM PARKER, ROBERT KING AND MARY STEWART ARE ALL EFI DIRECTORS AND EXECUTIVES OF MEMBER ORGANIZATION CONSERVATION SERVICES GROUP, INC. BRADLEY STEELE, EFI'S PRESIDENT AND CEO, IS A DIRECTOR OF CONSERVATION SERVICES GROUP, INC. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS THREE MEMBERS (CONSERVATION SERVICES GROUP, INC, CENTER FOR ECOLOGICAL TECHNOLOGY AND VERMONT ENERGY INVESTMENT CORPORATION). FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS REVIEWED AND APPROVED BY MANAGEMENT. THE FORM WAS THEN MADE AVAILABLE TO THE GOVERNING BODY VIA A SECURE WEBSITE BEFORE IT WAS FILED. THE ORGANIZATION DISTRIBUTED TO EACH OF ITS GOVERNING BODY MEMBERS A LINK TO A PASSWORD-PROTECTED SECURE WEBSITE ON WHICH THE ENTIRE FORM 990 COULD BE VIEWED, AND INVITED THEM TO REVIEW THE DOCUMENT AND MAKE COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE COVERED BY THE POLICY AND ARE REQUIRED TO SUBMIT AN ANNUAL DISCLOSURE OF ANY INTERESTS WHICH COULD GIVE RISE TO CONFLICTS. THE COVERED PERSONS ARE ALSO RESPONSIBLE FOR DISCLOSING THROUGHOUT THE YEAR ANY CONFLICT THAT COULD ARISE. WHEN A CONFLICT IS DISCLOSED, THE CONFLICTED PERSON MUST ABSTAIN FROM ANY BOARD VOTE REGARDING THE SPECIFIC ISSUE IF A DIRECTOR; AND ANY BUSINESS DECISION MADE REGARDING THE TRANSACTION IF AN OFFICER OR KEY EMPLOYEE. AREAS SPECIFICALLY EVALUATED FOR CONFLICT ARE PURCHASING (INVENTORY, CONSULTANTS, SERVICE PROVIDERS, OFFICE EQUIPMENT), SPECIAL PRICING ARRANGEMENTS FOR CUSTOMERS/CLIENTS, AND GRANT AWARDS. IF IT IS UNCLEAR WHETHER OR NOT A CONFLICT EXISTS, THE MATTER WILL BE BROUGHT TO COUNSEL FOR ASSISTANCE WITH THE DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THERE IS A COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT BOARD MEMBERS WHO DETERMINE, REVIEW AND APPROVE THE COMPENSATION OF THE PRESIDENT/CEO AND REVIEW AND APPROVE THE COMPENSATION OF OTHER OFFICERS AND SENIOR MANAGEMENT. THE COMPENSATION COMMITTEE RELIES ON COMPARABILITY DATA AND DOCUMENTS ITS DELIBERATIONS AND DECISIONS CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 14: THE ORGANIZATION MAINTAINS AND FOLLOWS A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY. THE ORGANIZATION CHECKED 'NO' TO THIS QUESTION IN ITS FORM 990 BECAUSE THE POLICY HAD NOT BEEN ADOPTED BY THE BOARD OR BY AN AUTHORIZED COMMITTEE OF THE BOARD AS OF JUNE 30, 2014. THE ORGANIZATION'S BOARD PLANS TO FORMALIZE AND APPROVE THE DOCUMENT RETENTION AND DESTRUCTION POLICY.