Form 990 for tax year 2022

Filed by AMERICANS FOR A CLEAN ENERGY GRID.

Totals

Total revenue: $1,193,774
Total expenses: $1,218,299
Contributions and grants received: $1,192,349
Grants paid: $0
Program service revenue: $0
Investment income: $1,425
Other revenue: $0
Total assets, end of year: $1,564,195
Total liabilities, end of year: $1,191,644
Net assets or fund balances, end of year: $372,551
Program services expenses (Part IX): $571,662
Management and general expenses: $616,637
Fundraising expenses: $30,000
Program service expenses (Part III): $571,662

Program services were 46.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1f · All other contributions, gifts and grants

$1,192,349
3 · Investment income

total $1,425 · unrelated business $1,425

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $123,900 · program services $123,900
8 · Pension plan contributions

total $5,379 · program services $5,379
10 · Payroll taxes

total $10,644 · program services $10,644
11a · Fees: management

total $1,554 · program services $1,554
11b · Fees: legal

total $217,500 · program services $217,500
11c · Fees: accounting

total $8,438 · program services $8,438
11g · Fees: other

total $553,129 · program services $149,540 · management and general $373,589 · fundraising $30,000
13 · Office expenses

total $11,998 · program services $11,998
14 · Information technology

total $1,539 · program services $1,539
17 · Travel

total $3,226 · program services $3,226
24a · Other expenses: RECRUTING FEES

total $127,840 · management and general $127,840
24b · Other expenses: OPERATING EXPENSES

total $115,208 · management and general $115,208
24c · Other expenses: RENT

total $15,812 · program services $15,812
24d · Other expenses: SOFTWARE EXPENSES

total $11,567 · program services $11,567
24e · All other expenses

total $10,565 · program services $10,565

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $1,869,096 · end of year $1,534,195
4 · Accounts receivable

beginning of year $30,000 · end of year $30,000
17 · Accounts payable and accrued expenses

beginning of year $2,020 · end of year $41,644
19 · Deferred revenue

beginning of year $1,500,000 · end of year $1,150,000
29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0
30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0
31 · Retained earnings, endowment or other funds

beginning of year $397,076 · end of year $372,551

Mission and programs · 2022

Mission

ACEG'S MISSION IS TO EDUCATE STAKEHOLDERS AND THE PUBLIC TO SUPPORT POLICIES AND REGULATIONS FAVORING THE EXPANSION, MODERNIZATION, AND INTEGRATION OF THE HIGH-VOLTAGE ELECTRIC TRANSMISSION GRID TO ACHIEVE A CLEAN ENERGY ECONOMY - ONE THAT ATTAINS THE SCIENTIFICALLY-VALIDATED GLOBAL OBJECTIVE OF REDUCING GREENHOUSE GAS EMISSIONS BY 80%.

Activities or mission (Part I)

ACEG'S MISSION IS TO EDUCATE STAKEHOLDERS AND THE PUBLIC TO SUPPORT POLICIES AND REGULATIONS FAVORING THE EXPANSION, MODERNIZATION, AND INTEGRATION OF THE HIGH-VOLTAGE ELECTRIC TRANSMISSION GRID TO ACHIEVE A CLEAN ENERGY ECONOMYONE THAT ATTAINS THE SCIENTIFICALLY-VALIDATED GLOBAL OBJECTIVE OF REDUCING GREENHOUSE GAS EMISSIONS BY 80%.

FERC ENGAGEMENT. ACEG HELD MEETINGS WITH FERC COMMISSIONERS AND STAFF TO DISCUSS ACEG'S RECOMMENDATIONS ABOUT HOW THE COMMISSION CAN ADVANCE TRANSMISSION. ACEG SUBMITTED COMMENTS ON DOCKETS INCLUDING ITS ADVANCED NOTICE OF PROPOSED RULEMAKING ON TRANSMISSION, REVIEWED FERC TECHNICAL MATERIALS, AND PREPARED REPORTS FOR FERC STAFF RELATED TO ITS TRANSMISSION POLICIES.

Expenses $316,250
SITING AND PERMITTING. ACEG WORKED TO ADVANCE TRANSMISSION SITING AND PERMITTING REFORMS BY ANALYZING STATE AND FEDERAL TRANSMISSION PERMITTING POLICIES TO FIND OPPORTUNITIES FOR IMPROVEMENT, HELPING STAKEHOLDERS UNDERSTAND DEPARTMENT OF INTERIOR AND OTHER FEDERAL AGENCY TRANSMISSION PERMITTING POLICIES AND IMPLEMENTATION OF FEDERAL BACKSTOP TRANSMISSION SITING PROVISIONS IN THE INVESTMENT INFRASTRUCTURE AND JOBS ACT (IIJA) AT DEPARTMENT OF ENERGY (DOE) AND FERC, COORDINATING THE WORK OF A SITING AND PERMITTING COMMITTEE, AND HELPING STAKEHOLDERS UNDERSTAND TRANSMISSION PLANNING AND PERMITTING FUNCTIONS. ACEG SUBMITTED COMMENTS ON MULTIPLE DOE PROGRAMS AIMED AT FACILITATING SITING AND PERMITTING TRANSMISSION LINES.

Expenses $103,750
POLICYMAKER EDUCATION. ACEG ORGANIZED SEVERAL MEETINGS WITH EXECUTIVE AND LEGISLATIVE OFFICIALS AND STAFF, AND RELEVANT ENERGY AND CLIMATE-RELATED COMMITTEES TO EDUCATE THEM ABOUT ACEG'S MISSION AND THE IMPORTANCE OF TRANSMISSION.

Expenses $151,662

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Larry GasteigerLARRY GASTEIGER

DIRECTOR

Total calculated

$0

Hours/week

1
Jessica EckdishJESSICA ECKDISH

DIRECTOR

Total calculated

$0

Hours/week

1
Christina HayesCHRISTINA HAYES

DIRECTOR

Total calculated

$123,900

From this org

$123,900

From related orgs

$0

Other

$0

Hours/week

40

Schedule J breakdown matched by us

Base

$123,900

Bonus

$0

Other

$0

Deferred

$0

Nontaxable benefits

$0

Filer's total

$123,900
Adrienne Mouton-HendersonADRIENNE MOUTON-HENDERSON

DIRECTOR

Total calculated

$0

Hours/week

1
Nicole LuckeyNICOLE LUCKEY

DIRECTOR

Total calculated

$0

Hours/week

1
Bob DeanBOB DEAN

DIRECTOR

Total calculated

$0

Hours/week

1
Robin MillicanROBIN MILLICAN

DIRECTOR

Total calculated

$0

Hours/week

1
Christy WalshCHRISTY WALSH

DIRECTOR

Total calculated

$0

Hours/week

1
Patrick HughesPATRICK HUGHES

PRESIDENT

Total calculated

$0

Hours/week

2
Kyle DavisKYLE DAVIS

TREASURER

Total calculated

$0

Hours/week

2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Written employment contract

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3: THE BOARD OF DIRECTORS EMPOWERED ITS COMPENSATION COMMITTEE TO MANAGE THE RECRUITMENT AND COMPENSATION PROCESS FOR AN EXECUTIVE DIRECTOR. THE COMPENSATION COMMITTEE CONTRACTED WITH A PROFESSIONAL RECRUITER WHO ADVISED ON A COMPENSATION RANGE THAT WAS REASONABLE FOR AN ORGANIZATION OF ACEG'S SIZE AND THE RESPONSIBILITIES OF THE ROLE. WHEN ACEG SELECTED A CANDIDATE, THE COMPENSATION COMMITTEE OFFERED A SALARY THAT WAS WITHIN THAT RANGE. ACEG DOCUMENTED THESE DISCUSSIONS AND DECISIONS THROUGH MEETING NOTES AND EMAIL COMMUNICATIONS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2022
Filed: 14 November 2023
IRS schema version: 2022v5.0
Source object: 202333189349311198

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