Edison Electric Institute

Organization Overview

Edison Electric Institute is located in Washington, DC. The organization was established in 1942. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Edison Electric Institute employed 183 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Edison Electric Institute is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Edison Electric Institute generated $81.1m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $73.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Edison Electric Institute has awarded 479 individual grants totaling $11,147,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE EDISON ELECTRIC INSTITUTE (EEI) IS THE ASSOCIATION THAT REPRESENTS ALL U.S. INVESTOR-OWNED ELECTRIC COMPANIES. OUR MEMBERS PROVIDE ELECTRICITY FOR MORE THAN 235 MILLION AMERICANS, AND OPERATE IN ALL 50 STATES AND THE DISTRICT OF COLUMBIA. THE ELECTRIC POWER INDUSTRY SUPPORTS MORE THAN 7 MILLION JOBS IN COMMUNITIES ACROSS THE UNITED STATES. IN ADDITION TO OUR U.S. MEMBERS, EEI HAS MORE THAN 65 INTERNATIONAL ELECTRIC COMPANIES AS INTERNATIONAL MEMBERS AND HUNDREDS OF INDUSTRY SUPPLIERS AND RELATED ORGANIZATION AS ASSOCIATE MEMBERS. ORGANIZED IN 1933, EEI PROVIDES PUBLIC POLICY LEADERSHIP, STRATEGIC BUSINESS INTELLIGENCE, AND ESSENTIAL CONFERENCES AND FORUMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CLEAN ENERGY ACTIVITIES: EEI AND OUR MEMBER COMPANIES ARE WORKING TO GET THE ENERGY WE PROVIDE AS CLEAN AS WE CAN AS FAST AS WE CAN, WITHOUT COMPROMISING THE RELIABILITY AND AFFORDABILITY THAT ARE ESSENTIAL TO THE CUSTOMERS AND COMMUNITIES WE SERVE. EEI IS FOCUSED ON A NUMBER OF ISSUES AND ACTIVITIES RELATED TO THE CLEAN ENERGY TRANSFORMATION, INCLUDING ONGOING CLEAN ENERGY DEPLOYMENT AND EMISSIONS REDUCTIONS; THE NEED FOR A DIVERSE MIX OF GENERATION SOURCES; ENVIRONMENTAL REGULATIONS AND POLICIES; RESEARCH AND DEVELOPMENT FUNDING FOR THE RANGE OF NEW, CARBON-FREE TECHNOLOGIES NEEDED TO ACHIEVE LONG TERM CLEAN ENERGY GOALS; AND INTERCONNECTION POLICIES. THESE PROGRAMS AND ACTIVITIES RELATE TO EEI'S MISSION AS THE ASSOCIATION OF INVESTOR-OWNED ELECTRIC COMPANIES.


GRID MODERNIZATION ACTIVITIES: EEI'S MEMBER COMPANIES INVEST SIGNIFICANT CAPITAL TO MAKE THE ENERGY GRID STRONGER, SMARTER, CLEANER, MORE DYNAMIC, AND MORE SECURE. EEI IS FOCUSED ON GRID MODERNIZATION ACTIVITIES AND POLICIES TO ENHANCE THE VALUE, RELIABILITY, AND RESILIENCE OF THE GRID, INCLUDING THE NEED FOR INCREASED TRANSMISSION; ONGOING GRID TECHNOLOGY INVESTMENTS; THE CYBER AND PHYSICAL SECURITY OF THE GRID; AND THE PLANNING, BUILDING, AND OPERATION OF THE DISTRIBUTION SYSTEM. THESE PROGRAMS AND ACTIVITIES RELATE TO EEI'S MISSION AS THE ASSOCIATION OF INVESTOR-OWNED ELECTRIC COMPANIES.


CUSTOMER ACTIVITIES: EEI'S MEMBER COMPANIES ARE COMMITTED TO DELIVERING RELIABLE, AFFORDABLE, AND RESILIENT CLEAN ENERGY TO THE CUSTOMERS AND COMMUNITIES THEY SERVE. EEI'S CUSTOMER ACTIVITIES ARE FOCUSED ON HELPING MEMBER COMPANIES MEET CHANGING CUSTOMER ENERGY NEEDS; ON ENSURING THAT ELECTRIC COMPANIES ARE ABLE TO OFFER THE PRODUCTS AND SERVICES THAT CUSTOMERS WANT GIVEN CHANGES IN TECHNOLOGY, POLICY, AND CUSTOMER PREFERENCES; AND ON STREAMLINING AND ENHANCING CUSTOMER ASSISTANCE. THIS INCLUDES CORPORATE CUSTOMER SUSTAINABLE AND RELIABLE ENERGY SOLUTIONS; RESIDENTIAL CUSTOMER ENERGY MANAGEMENT SOLUTIONS, SERVICE ENHANCEMENTS, AND STREAMLINED ASSISTANCE; MILITARY CUSTOMER ENERGY SOLUTIONS; AND CUSTOMER-RELATED ELECTRIC TRANSPORTATION SOLUTIONS. THESE PROGRAMS AND ACTIVITIES RELATE TO EEI'S MISSION AS THE ASSOCIATION OF INVESTOR-OWNED ELECTRIC COMPANIES.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Arcos Llc
Consulting
$366,809
Venable Llp
Consulting
$3,522,523
John E Meckley Iii
Consulting
$402,000
Psi Services Llc
Consulting
$1,221,908
Nossaman Llp
Consulting
$598,784
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$78,623,725
Investment income $2,715,706
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$255,250
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,084,181

Grants Awarded

Over the last fiscal year, Edison Electric Institute has awarded $1,763,256 in support to 83 organizations.

Grant RecipientAmount

CENTER FOR ENERGY WORKFORCE DEVELOPMENT

Org PageRecipient Profile

Washington, DC

PURPOSE: CONTRIBUTION/PROGRAM SUPPORT

$110,862

DEMOCRATIC GOVERNORS ASSOCIATION

PURPOSE: CONTRIBUTION/PROGRAM SUPPORT

$105,000

REPUBLICAN GOVERNORS ASSOCIATION

PURPOSE: CONTRIBUTION/PROGRAM SUPPORT

$100,000

AMERICANS FOR TAX REFORM

Org PageRecipient Profile

Washington, DC

PURPOSE: CONTRIBUTION/PROGRAM SUPPORT

$75,000

BOISE STATE UNIVERSITY

PURPOSE: RESEARCH GRANT

$60,506

CHAMBER OF COMMERCE OF THE USA

Org PageRecipient Profile

Washington, DC

PURPOSE: CONTRIBUTION/PROGRAM SUPPORT

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Edison Electric Institute has recieved totaling $25,000.

Awarding OrganizationAmount
American Gas Association

Washington, DC

PURPOSE: SUPPORT

$25,000
View Grant Recipient Profile

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