NonprofitsAssociation For Energy Affordability Inc

Association For Energy Affordability Inc

BRONX, NY

Total revenue

$28.5M

Total expenses

$28.8M

Net assets

$4.8M

Grants received

$6.1M

26 grants

EIN

133374285

Tax year

2024

Mission

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.

Programs

3 programs

Weatherization assistance directly provides weatherization services to low-income communities and supports community-based organizations through energy audits, training, and technical services in new york. The program reached 322 units in 2023, consisting of small homes and multifamily buildings.

Expenses: $9.4M

Most other programs involve utility, technical, and new construction work. Utility installs led lighting, showerheads, steam traps, bath and kitchen aerators. This year, 3,035 residences were served, and 27,112 kilowatt-hours and 1,356,842 therms of energy were salvaged. Technical services primarily oversee energy audits and retro-commissioning projects to comply with nyc ll-87 law and electrification studies, equipment specifications, and construction for low-carbon and energy-saving building upgrades. Over 7,700 units benefited. New construction facilitates affordable housing development and certifications under the enterprise green communities program. The median energy savings achieved was a 17.16% improvement over the ashrae 90.1 standard.

Expenses: $5.1M

The federal government implemented the american rescue plan act in 2022, which set aside funding for electrification services, such as installing heat pumps, water heaters, mini-split systems, and window replacements. Aea performed these services in the bronx and brooklyn, reaching 238 units.

Expenses: $1.2M

Financials

FY 2024

Revenue

Contributions & grants$15.8M
Program service revenue$12.6M
Investment income$8K
Other revenue$67K
Total revenue$28.5M

Expenses

Grants paid
Salaries & benefits$14.7M
Fundraising
Other expenses$14.2M
Total expenses$28.8M
Total assets$25.5M
Net assets$4.8M

People

13 listed

NameRoleCompensation

PETER S HOYLE

EXECUTIVE DIRECTOR

Board

$264K

35 hrs/wk

LAURA PEROZO GARCIA

CFO

Board

$64K

35 hrs/wk

DANIEL REIBER

SECRETARY / TREASURER

Board

0.5 hrs/wk

LILIANA BURITICA

DIRECTOR

Board

0.5 hrs/wk

JOSEPH BARDEN

CHAIRMAN

Board

1 hrs/wk

GARY BROWN

VICE CHAIR

Board

0.5 hrs/wk

DIRK FIELDS

DIRECTOR

Board

0.5 hrs/wk

ANDREW BROOKS

SR. DIRECTOR, AEA WEST

Staff

$254K

35 hrs/wk

NICHOLAS DIRR

SR. DIRECTOR, PROGRAMS

Staff

$212K

35 hrs/wk

ASIT PATEL

SENIOR DIRECTOR, TECHNICAL

Staff

$194K

35 hrs/wk

FRANCIS RODRIGUEZ

DIRECTOR-WEATHERIZATION

Staff

$175K

35 hrs/wk

AMY DRYDEN

DIRECTOR OF STRATEGIC INNOVATIONS

Staff

$174K

35 hrs/wk

ADAM ROMANO

SR. DIRECTOR, WORKFORCE DEVELOPMENT

Staff

$169K

35 hrs/wk

Grants received

Showing 26 of 26

FromAmountPurposeYear
$578K
ENVIRONMENTAL PROTECTION
2024
$530K
ENVIRONMENTAL PROGRAMS
2024
$430K
TO SUPPORT CLEAN ENERGY POLICY ADVANCEMENT IN THE STATES.
2024
$308K
RESILIENCE - DECARBONIZATION
2024
$250K
GENERAL SUPPORT
2024
$75K
TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE ENERGY OPTIMIZATION.
2024
$758K
To support research, education, and outreach about clean and healthy homes
2023
$200K
TO ADVANCE BUILDING ELECTRIFICATION POLICY IN NEW YORK
2023
$185K
ENVIRONMENTAL PROGRAMS
2023
$169K
SUPPORT PROGRAM
2023
$17K
CAPACITY BUILDING - SENIORS
2023
$5K
TO SUPPORT ORGANIZATION MISSION.
2023
$727K
TO SUPPORT CLEAN AND HEALTHY HOMES IN NEW YORK
2022
$438K
Support Program
2022
$323K
ENVIRONMENTAL PROGRAMS
2022
$125K
MSC REGRANT-GRANT
2022
$115K
TO PROMOTE EDUCATION AND ANALYSIS TO ADVANCE ENERGY OPTIMIZATION.
2022
$280K
TO SUPPORT NEW YORK BUILDINGS
2021
$63K
MSC-GRANT
2021
$50K
For grant recipient's exempt purposes
2021
$50K
For grant recipient's exempt purposes
2021
$185K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD A CLEAN ENERGY FUTURE.
2020
$150K
TO ADVANCE BUILDING ELECTRIFICATION IN NEW YORK
2020

Funded by

$6.1M from 12 funders · 26 grants · 2020–2024

Climate Imperative Foundation

$2.3M · 4 grants · 2021–2024

Sixteen Thirty Fund

$1.0M · 3 grants · 2022–2024

Rocky Mountain Institute

$606K · 2 grants · 2022–2023

Energy Action Fund

$430K · 1 grant · 2024

United States Energy Foundation

$375K · 3 grants · 2020–2024

The Heising-Simons Foundation

$350K · 2 grants · 2020–2023

Enterprise Community Partners Inc

$326K · 2 grants · 2023–2024

Impactassetsinc

$250K · 1 grant · 2024

Details

EIN133374285
Subsection03
Ruling date1994-03
Formed1992
Employees149
Volunteers5
ASSOCIATION FOR ENERGY AFFORDABILITY INC — Mission, Financials & Grants Received | Grantivo