Renewable Energy Buyers Alliance Inc
- Assets
- $3.8m
- Revenue
- $8.3m
- Investments
- $0.0
- Employees
- 72
- Location
- Washington, DC
- Founding
- Data as of
- 12/2021
- EIN
- 83-2935439
Organization Overview
Renewable Energy Buyers Alliance Inc is located in Washington, DC. 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, Renewable Energy Buyers Alliance Inc employed 72 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renewable Energy Buyers Alliance Inc 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, Renewable Energy Buyers Alliance Inc generated $8.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $7.5m during the year ending 12/2021. While expenses have increased by 16.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEBA'S TRANSACTION ACCELERATION PROGRAM IS FOCUSED ON ACCELERATING AND GROWING CLEAN ENERGY TRANSACTIONS BY ENSURING THE BEST IDEAS ARE UNDERSTOOD AND PERPETUATED THROUGH IN-PERSON, ONLINE, AND PUBLISHED EDUCATION. IN 2021, 4,300 INDIVIDUALS GREW THEIR ABILITY TO TRANSACT IN THE MARKETPLACE THROUGH EDUCATIONAL OFFERINGS INCLUDING TWO 500+ PERSON MEMBER EVENTS, ONLINE EDUCATIONAL WORKSHOPS, PRINT MATERIALS, AND ONLINE EDUCATION.
CEBA'S INNOVATION PROGRAM WORKED TO SOLVE THE TOUGHEST POLICY AND MARKET BARRIERS, UNLOCKING CLEAN ENERGY MARKETS BY ACTIVELY PARTICIPATING AT STATE AND REGIONAL LEVELS, MEETINGS WITH POLICYMAKERS TO DISCUSS BARRIERS EXPERIENCED BY LARGE ENERGY CUSTOMERS.
CEBA'S COMMUNICATIONS PROGRAM EXISTS TO TRACK, SHARE, AND AMPLIFY MEMBERS' SOLUTIONS AND BEST PRACTICES INCLUDING KEY TRENDS ACROSS THE CLEAN ENERGY MARKET. IN 2021, COMMUNICATIONS PROGRAM GENERATED NEWSLETTERS, BRIEFINGS, WHITE PAPERS, SOCIAL MEDIA CAMPAIGNS, WEBSITE UPDATES AND SUPPORTED STRATEGIC POSITIONING OF ORGANIZATION THROUGH SPEAKING ENGAGEMENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miranda Ballentine CEO | OfficerTrustee | 35 | $406,359 |
Jason Colbert Cfo/coo | Officer | 35 | $336,160 |
Sarah Mihalecz Senior Director, E&e | 40 | $209,417 | |
Kevin Haley Senior Dir., Membership | 40 | $196,183 | |
Monica Jaburg Director, Communications | 40 | $165,599 | |
Bryn Baker Director, Innovations | 40 | $163,942 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jeremy Madsen Program Consulting | 12/30/21 | $123,000 |
Boundary Stone Partners Program Consulting | 12/30/21 | $123,125 |
Perkins Coie Legal Consulting | 12/30/21 | $134,011 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $989,208 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,406,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,395,708 |
| Total Program Service Revenue | $4,912,373 |
| Investment income | $333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$13,594 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,294,820 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $677,301 |
| 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. | $713,363 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,183,245 |
| Pension plan accruals and contributions | $147,938 |
| Other employee benefits | $319,582 |
| Payroll taxes | $173,437 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,939 |
| Fees for services: Accounting | $31,400 |
| Fees for services: Lobbying | $271,000 |
| Fees for services: Fundraising | $20,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $721,358 |
| Advertising and promotion | $322,458 |
| Office expenses | $55,892 |
| Information technology | $70,789 |
| Royalties | $0 |
| Occupancy | $266,334 |
| Travel | $21,706 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,391 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,345 |
| Insurance | $8,561 |
| All other expenses | $0 |
| Total functional expenses | $7,497,135 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,616,910 |
| Savings and temporary cash investments | $1,371,980 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $295,000 |
| 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 | $109,511 |
| Net Land, buildings, and equipment | $207,243 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $41,176 |
| Other assets | $146,319 |
| Total assets | $3,788,139 |
| Accounts payable and accrued expenses | $1,083,666 |
| Grants payable | $0 |
| Deferred revenue | $1,990,082 |
| 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 | $173,658 |
| Total liabilities | $3,247,406 |
| Net assets without donor restrictions | -$38,687 |
| Net assets with donor restrictions | $579,420 |
| 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 | $3,788,139 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Renewable Energy Buyers Alliance Inc has recieved totaling $3,377,775.
| Awarding Organization | Amount |
|---|---|
Breakthrough Energy Foundation Kirkland, WA PURPOSE: Industrial Innovation/Clean Procurement | $2,660,275 |
United States Energy Foundation San Francisco, CA PURPOSE: TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE. | $392,500 |
Catena Foundation Carbondale, CO PURPOSE: CLEAN ENERGY- ADVANCING A NET-ZERO GRID IN THE WEST | $175,000 |
Sixteen Thirty Fund Washington, DC PURPOSE: ENVIRONMENTAL PROGRAMS | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amt-The Association For Manufacturing Technology Mclean, VA | $46,538,427 | $7,983,774 |
Personal Care Products Council Washington, DC | $26,566,920 | $19,071,135 |
American Hotel & Lodging Association Directory Corporation Washington, DC | $39,158,961 | $23,973,024 |
Responsible Business Alliance Inc Alexandria, VA | $17,217,182 | $20,384,843 |
Asis International Inc Alexandria, VA | $27,323,586 | $13,144,142 |
National Institute For Automotive Service Exellence Leesburg, VA | $25,163,895 | $18,755,834 |
International Masonry Institute Bowie, MD | $25,662,049 | $19,254,775 |
Association For Financial Professionals Inc Bethesda, MD | $30,134,135 | $15,069,162 |
Portland Cement Association Alexandria, VA | $21,852,055 | $18,216,465 |
American College Of Radiology Association Reston, VA | $28,168,186 | $16,951,008 |
Plastics Industry Association Inc Washington, DC | $19,265,703 | $12,261,158 |
Aerospace Industries Association Of America Inc Arlington, VA | $34,239,387 | $18,520,879 |