Virginia Energy Efficiency Council
- Assets
- $123.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Richmond, VA
- Founding
- 05/2015
- Data as of
- 12/2023
- EIN
- 47-1752391
Organization Overview
Virginia Energy Efficiency Council is located in Richmond, VA. The organization was established in 2015. According to its NTEE Classification (C35) the organization is classified as: Energy Resources Conservation & Development, under the broad grouping of Environment and related organizations. As of 12/2023, Virginia Energy Efficiency Council employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Virginia Energy Efficiency Council 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 12/2023, Virginia Energy Efficiency Council generated $153.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $237.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
VAEEC IS A BROAD COALITION WHOSE GOAL IS TO FACILITATE DISCUSSIONS AND SHARE RESOURCES TOADVANCE ENERGY EFFICIENCY THROUGHOUT THE COMMONWEALTH.
Describe the Organization's Program Activity:
Part 3
ENERGY FOUNDATION- PROVIDED FUNDING TO FURTHER SUPPORT OUR WORK TO SUPPORT UTILITY ENERGY EFFICIENCY PROGRAMS AND TO PROMOTE THE INCLUSION OF ENERGY EFFICIENCY MEASURES IN THE VA BUILDING CODES.
ADIUVANS-PROVIDED FUNDING TO SUPPORT OPERATIONS OF THE ORGANIZATION, MEDIA OUTREACH, AND LOCAL GOVERNMENT ENGAGEMENT.
OAKHILL-PROVIDED FUNDING TO SUPPORT WORK WITH UTILITY ENGERGY EFFICIENCY PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leigh Anne Ratliff Chairperson | 2 | $0 | |
Stephen Evanko Vice Chair | 2 | $0 | |
Bryan Burris Director | 2 | $0 | |
Chelsea Harnish Executive Director | 40 | $0 | |
Mckenna Dunbar Director | 1 | $0 | |
Elizabeth Beardsley Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,801 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,287 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $153,088 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $187,148 |
| Professional fees and other payments to independent contractors | $6,741 |
| Occupancy, rent, utilities, and maintenance | $18,993 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,150 |
| Total expenses | $237,032 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,786 |
| Other assets | $0 |
| Total assets | $123,786 |
| Total liabilities | $5,716 |
| Net assets or fund balances | $118,070 |