Overview

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Est.

1992

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Association for Energy Affordability Inc (EIN: 13-3374285) is a nonprofit organization dedicated to promoting energy affordability through energy efficiency in New York and California. With an operating budget of $28.8 million and total revenue of $28.5 million for the 2024 filing year, AEA provides training and technical services to support community-based organizations that deliver low-income weatherization and energy efficiency programs. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.aea.us.org.

Mission Statement

AEA'S MISSION IS TO PROMOTE ENERGY AFFORDABILITY THROUGH ENERGY EFFICIENCY IN NEW AND EXISTING BUILDINGS. AEA PROVIDES TRAINING AND TECHNICAL SERVICES IN SUPPORT OF NONPROFIT COMMUNITY BASED ORGANIZATIONS, WHICH PROVIDE LOW INCOME WEATHERIZATION AND ENERGY EFFICIENCY PROGRAM SERVICES, IN NEW YORK AND CALIFORNIA. AEA IS ALSO A DIRECT WEATHERIZATION AND ENERGY EFFICIENCY SERVICES PROVIDER IN NEW YORK. IN ADDITION, AEA IS A PROGRAM IMPLEMENTER, TECHNICAL SERVICES PROVIDER SOLUTIONS PARTNER IN VARIOUS GOVERNMENT AND UTILITY ENERGY EFFICIENCY PROGRAMS IN NEW YORK AND CALIFORNIA. AEA ENGAGES IN THESE BROAD RANGE OF EDUCATIONAL, TECHNICAL AND ENERGY EFFICIENCY MANAGEMENT SERVICES TO ACHIEVE THIS MISSION OF MAKING ENERGY AFFORDABILITY A REALITY.
Revenues
$28.5M
Expenses
$28.8M
Net Income:
-$330.5K
Assets
$25.5M
Liabilities
$20.8M
Net Assets:
+$4.8M
Operating Budget
$28.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
9
Median grant size
$250K
Largest grant received
$578.4K
P
Peter S Hoyle
Board Member
L
Laura Perozo Garcia
Board Member
D
Daniel Reiber
Board Member

Frequently Asked Questions

What is ASSOCIATION FOR ENERGY AFFORDABILITY INC’s budget?
In 2024, ASSOCIATION FOR ENERGY AFFORDABILITY INC reported an annual operating budget of around $28.8 million. More detailed financial information is available to registered users.
What causes does ASSOCIATION FOR ENERGY AFFORDABILITY INC support?
ASSOCIATION FOR ENERGY AFFORDABILITY INC supports work in Home repairs.
Where does ASSOCIATION FOR ENERGY AFFORDABILITY INC operate?
ASSOCIATION FOR ENERGY AFFORDABILITY INC is headquartered in Bronx, NY.
Who funded ASSOCIATION FOR ENERGY AFFORDABILITY INC recently?
In 2024, ASSOCIATION FOR ENERGY AFFORDABILITY INC received grants from CLIMATE IMPERATIVE FOUNDATION, SIXTEEN THIRTY FUND, and ENERGY ACTION FUND. More information on this organization’s funders is available to registered users.
What is the largest grant ASSOCIATION FOR ENERGY AFFORDABILITY INC received in 2024?
The largest grant to ASSOCIATION FOR ENERGY AFFORDABILITY INC in 2024 exceeds $578 thousand.
What is ASSOCIATION FOR ENERGY AFFORDABILITY INC’s reliance on government grants?
ASSOCIATION FOR ENERGY AFFORDABILITY INC relied on government grants for more than 45% of their total revenue in 2024.