Coneg Policy Research Center Inc
- Assets
- $1.0m
- Revenue
- $358.4k
- Investments
- $0.0
- Employees
- 3
- Location
- Washington, DC
- Founding
- 01/1977
- Data as of
- 06/2022
- EIN
- 13-2879779
Organization Overview
Coneg Policy Research Center Inc is located in Washington, DC. The organization was established in 1977. According to its NTEE Classification (C05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Environment and related organizations. As of 06/2022, Coneg Policy Research Center Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coneg Policy Research Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Coneg Policy Research Center Inc generated $358.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.3%) each year. All expenses for the organization totaled $415.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CONDUCT AND FACILITATE RESEARCH REGARDING THE ECONOMIC AND ENVIRONMENTAL CONDITIONS AND RESOURCES AND THE SOCIAL WELL-BEING OF THE NORTHEAST REGION OF THE UNITED STATES. TO PUBLISH AND DISSEMINATE INFORMATION AND FINDINGS WITH RESPECT TO SUCH RESEARCH. TO PROVIDE THE NORTHEAST STATES ADVICE, INFORMATION AND FINDINGS REGARDING THE ECONOMIC CONDITIONS AND RESOURCES IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GENERAL PROGRAM
TRANSPORTATION AND INFRASTRUCTURE PROGRAM - TRANSPORTATION AND INFRASTRUCTURE IS A PRIORITY PROGRAM OF THE CENTER WHOSE OPERATIONAL AND FINANCIAL AFFAIRS ARE ADMINISTERED BY THE CENTER AS PROVIDED BY THE CENTER'S BY-LAWS. FUNDING IS PROVIDED BY PARTICIPATING STATES.
NEW ENGLAND OPERATIONS - THE NEW ENGLAND OPERATIONS WAS CREATED IN RESPONSE TO THE GOVERNORS' DIRECTIVE THAT THE CENTER MAINTAINS A NEW ENGLAND PRESENCE AS IT ASSUMED CERTAIN ACTIVITIES SPECIFIC TO THE FORMER NEW ENGLAND GOVERNORS' CONFERENCE. ACTIVITIES WILL BE CLOSELY COORDINATED WITH THE STATE COORDINATORS AND STAFFED OUT OF THE CENTER'S BOSTON OFFICE UNDER THE DIRECTION AND GUIDANCE OF THE CONEG EXECUTIVE DIRECTOR. THE PROGRAM IS SUPPORTED BY A PORTION OF THE STATE ASSESSMENTS PAID BY THE SIX NEW ENGLAND GOVERNORS' OFFICES. STAFF WILL PROVIDE SUPPORT TO THE ACTIVITIES OF THE CONFERENCE OF THE NEW ENGLAND GOVERNORS-EASTERN CANADIAN PREMIERS, ITS JOINT COMMITTEES AND ANNUAL CONFERENCE, AS WELL AS PERIODIC SUPPORT TO REGIONAL INITIATIVES LIMITED TO THE SIX NEW ENGLAND STATES.
CONEG IS A FORUM FOR THE NORTHEAST STATES TO WORK COOPERATIVELY ON THEIR SHARED INTERESTS IN REGIONAL AND FEDERAL TRANSPORTATION AND INFRASTRUCTURE POLICIES, PROGRAMS AND ISSUES. FEDERAL ISSUES INCLUDE REAUTHORIZATION AND FUNDING OF THE SURFACE TRANSPORTATION AND RAIL PROGRAMS AND INFRASTRUCTURE INVESTMENTS. ACTIVITIES INCLUDE BUT ARE NOT LIMITED TO RAIL, TRANSIT, ALTERNATIVE FUEL VEHICLES, MOBILITY AND SURFACE TRANSPORTATION POLICIES, PROGRAMS AND FUNDING WHICH AFFECT THE REGION.ENERGY/ENVIRONMENT PROGRAM - ENERGY AND ENVIRONMENT IS A PRIORITY PROGRAM OF THE CENTER WHOSE OPERATIONAL AND FINANCIAL AFFAIRS ARE ADMINISTERED BY THE CENTER AS PROVIDED BY THE CENTER'S BY-LAWS. FUNDING IS PROVIDED BY PARTICIPATING STATES.AS THE NORTHEAST'S REGIONAL ENERGY LANDSCAPE UNDERGOES CHANGE, AND THE ENERGY-CLIMATE NEXUS BECOMES MORE PRONOUNCED WITH THE RENEWED EMPHASIS ON CLIMATE CHANGE, RESILIENCY, AND MITIGATION, CONEG WILL FOCUS ON ISSUES AND ACTIVITIES THAT CAN COMPLEMENT ON-GOING STATE AND REGIONAL ENERGY AND CLIMATE INITIATIVES IN THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John F Lucey Jr Executive Director/secreta | Officer | 38 | $133,537 |
Dan Desimone Chair | OfficerTrustee | 1 | $0 |
Jeremy Kennedy Director | Trustee | 1 | $0 |
Kylah Hynes Director | Trustee | 1 | $0 |
Elizabeth Mahoney Director | Trustee | 1 | $0 |
Jason Gibbs Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $281,937 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $71,668 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $353,605 |
| Total Program Service Revenue | $2,226 |
| Investment income | $2,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $173 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $358,373 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $110,689 |
| Compensation of current officers, directors, key employees. | $32,100 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $141,892 |
| Pension plan accruals and contributions | $3,000 |
| Other employee benefits | $28,507 |
| Payroll taxes | $19,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,472 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $18,838 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $61,562 |
| Travel | $15 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $361 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,509 |
| Insurance | $3,385 |
| All other expenses | $2,552 |
| Total functional expenses | $414,976 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,571 |
| Savings and temporary cash investments | $821,463 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,823 |
| Net Land, buildings, and equipment | $46,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,003,225 |
| Accounts payable and accrued expenses | $19,866 |
| Grants payable | $0 |
| Deferred revenue | $295,499 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $30,982 |
| Total liabilities | $346,347 |
| Net assets without donor restrictions | $656,878 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,003,225 |
Peer Organizations
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|---|---|---|
Resources For The Future Inc Washington, DC | $87,643,116 | $15,471,020 |
International Council On Clean Transportation Washington, DC | $10,919,229 | $15,647,679 |
Health Care Without Harm Reston, VA | $18,732,960 | $11,311,723 |
Clearpath Inc Washington, DC | $4,886,065 | $9,219,831 |
Center For Climate Integrity Washington, DC | $3,631,672 | $5,563,480 |
Clean Water Fund Washington, DC | $6,131,440 | $6,555,415 |
Smart Growth America Washington, DC | $4,425,807 | $5,937,730 |
Center For Climate And Energy Solutions Arlington, VA | $5,506,660 | $2,967,227 |
National Petroleum Council Washington, DC | $13,184,202 | $4,502,849 |
Center For Carbon Removal Washington, DC | $19,575,361 | $19,012,928 |
Electrification Coalition Foundation Washington, DC | $3,376,408 | $4,977,266 |
Foundations Of Success Inc Bethesda, MD | $3,526,490 | $2,845,123 |