NonprofitsEnergy Federation Inc

Energy Federation Inc

FRANKLIN, MA

Total revenue

$13.5M

Total expenses

$13.9M

Net assets

$7.2M

Grants received

EIN

042790398

Tax year

2023

Mission

Energy federation, inc. (efi) was established in 1982 as a massachusetts 501(c)(4) not for profit organization with the purpose of providing quality affordable conservation products to the public and assisting them in using energy resources efficiently. In 1985 efi partnered with other organizations to design and implement successful resource conservation service audit programs for electric utilities. This led to efi supplying energy efficiency products for installation in homes during energy audits.today, efi's current work can largely can be segmented into two categories:-the distribution of energy efficiency-related products, and -the provision of services through which financial incentives are used to accelerate the adoption of energy efficient technologies.

Programs

1 program

Incentive servicesduring efi's history the organization has processed incentives for hundreds of millions of energy efficient products and measures, including energy efficient lighting, appliances, high efficiency hvac equipment, advanced power strips, insulation and air sealing measures, and renewable energy systems, having issued approximately $3 billion worth of incentives on behalf of our clients to-date. Incentives such as these are to encourage consumers and businesses to invest in energy efficient products and measures that they might not otherwise. The types of incentive services that efi makes available to utilities include the following: upstream rebates, in which the incentive agreement is typically executed between the utility sponsor and a manufacturer/retailer, result in the customer price for the energy efficient product being discounted by the amount of the incentive provided by the utility. Efi verifies the purchase data provided by the manufacturer/retailer and reimburses the manufacturer/retailer. Midstream rebates, for which customer and measure eligibility is confirmed by a retailer or distributor, with the utility rebate applied by the distributor during the purchase. Efi verifies the customer and measure eligibility and reimbursed the midstream distributor. Downstream rebates are those in which the end-user must apply for a rebate subsequent to the purchase of the energy efficient measure. Efi usually supports these programs through the deployment of an online site through which required information may be entered and/or uploaded. Efi sometimes enters information from downstream rebates on behalf of the customer, but today management of downstream programs consists more of reviewing and verifying customer-submitted data. Instant rebates allow eligible customers to verify their eligibility for a utility rebate on a given product through their smart phone, select from a list of participating retailers, and have a discount code barcode sent to their phone via text that will apply the utility rebate during checkout at the retailer. The savings from the products and measures for which utilities offer financial incentives (rebates) provide significant benefits to consumers and businesses in the form of lower energy bills, they reduce the need for additional power plant development associated with electricity generation, and they result in reduced atmospheric emissions of greenhouse gasses.

Expenses: $2.4M

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$4.1M
Investment income
Other revenue$9.3M
Total revenue$13.5M

Expenses

Grants paid
Salaries & benefits$6.1M
Fundraising
Other expenses$7.7M
Total expenses$13.9M
Total assets$22.9M
Net assets$7.2M

People

16 listed

NameRoleCompensation

PAUL DANEHY

CEO/PRESIDENT

Board

$369K

40 hrs/wk

DONALD MUIR

CHIEF FINANCIAL OFFICER

Board

$305K

40 hrs/wk

DAVID LEUCI

CHIEF INFORMATION OFF. (UNTIL 9/23)

Board

$178K

40 hrs/wk

RACHEL KEMP

BOARD OFFICER

Board

$2K

1 hrs/wk

NANCY NYLEN

BOARD OFFICER

Board

$2K

1 hrs/wk

LAURA MATZ

BOARD OFFICER

Board

$2K

1 hrs/wk

DAVID LONG

BOARD OFFICER

Board

$2K

1 hrs/wk

BRIAN KISSANE

VP, CLIENT SUCCESS MANAGEMENT

Staff

$215K

40 hrs/wk

CARYN DENNY

NATIONAL BUSINESS DEVELOPMENT DIR.

Staff

$206K

40 hrs/wk

SHAWN BARRATT

VP, IT

Staff

$174K

40 hrs/wk

PHILIP SCARBRO

VICE PRESIDENT, CLIENT SOLUTIONS

Staff

$172K

40 hrs/wk

JOHN MARSHEA

DIRECTOR, FINANCE AND ADMINISTRATION

Staff

$151K

40 hrs/wk

JOSEPH STAHLER

SYSTEM ADMINISTRATOR (UNTIL 12/23)

Staff

$138K

40 hrs/wk

SHEKINAH CARRERA

ENTERPISE APPS MGER (UNTIL 12/23)

Staff

$137K

40 hrs/wk

STEPHEN STARK

PRINCIPLE ENGINEER

Staff

$137K

40 hrs/wk

CAMERON FAIRBANKS

CLIENT SUCCESS MANAGER III

Staff

$123K

40 hrs/wk

Independent contractors

SEKO WORLDWIDE LLC

LOGISTICS SERVICES

$3.8M

MINOT TECHNOLOGY GROUP LLC

IT CONSULTING

$798K

ECCO GROUP USA

CUSTOMER SERVICE CONSULTING

$736K

EMERALD GRAPHICS LLC

PRINTING SERVICES

$251K

R&L TRUCKLOAD SERVICES LLC

TRANSPORTATION SERVICES

$113K

Details

EIN042790398
Subsection04
Ruling date1985-05
Formed1982
Employees132
Volunteers0
ENERGY FEDERATION INC — Mission, Financials & Grants Received | Grantivo