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Nonprofiteer
← ADVANCED ENERGY INSTITUTE

Form 990 for tax year 2022

Filed by ADVANCED ENERGY INSTITUTE.

Totals

Total revenue
$7,914,899
Total expenses
$7,249,048
Contributions and grants received
$7,915,047
Grants paid
$96,225
Program service revenue
$0
Investment income
-$148
Other revenue
$0
Total assets, end of year
$9,540,786
Total liabilities, end of year
$3,463,719
Net assets or fund balances, end of year
$6,077,067
Program services expenses (Part IX)
$6,310,230
Management and general expenses
$574,318
Fundraising expenses
$364,500
Program service expenses (Part III)
$6,310,230

Program services were 87.0% 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

    $7,915,047

  • 3 · Investment income

    total $83 · excluded $83

  • 7b · Less cost or other basis and sales expenses

    other assets $231

  • 7c · Gain or loss

    other assets -$231

  • 7d · Net gain or loss

    total -$231 · excluded -$231

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $96,225 · program services $96,225

  • 5 · Compensation of officers, directors and key employees

    total $840,754 · program services $723,226 · management and general $48,786 · fundraising $68,742

  • 7 · Other salaries and wages

    total $2,678,353 · program services $2,303,948 · management and general $155,416 · fundraising $218,989

  • 8 · Pension plan contributions

    total $49,898 · program services $41,705 · management and general $3,221 · fundraising $4,972

  • 9 · Other employee benefits

    total $234,919 · program services $203,940 · management and general $12,769 · fundraising $18,210

  • 10 · Payroll taxes

    total $391,660 · program services $351,437 · management and general $14,707 · fundraising $25,516

  • 11b · Fees: legal

    total $49,070 · program services $40,030 · management and general $9,040

  • 11c · Fees: accounting

    total $3,335 · management and general $3,335

  • 11g · Fees: other

    total $1,682,656 · program services $1,596,575 · management and general $77,865 · fundraising $8,216

  • 12 · Advertising and promotion

    total $583,801 · program services $579,418 · management and general $4,358 · fundraising $25

  • 13 · Office expenses

    total $34,299 · program services $8,793 · management and general $24,327 · fundraising $1,179

  • 14 · Information technology

    total $140,140 · program services $94,502 · management and general $34,377 · fundraising $11,261

  • 16 · Occupancy

    total $106,069 · program services $76,722 · management and general $22,666 · fundraising $6,681

  • 17 · Travel

    total $255,254 · program services $105,772 · management and general $148,773 · fundraising $709

  • 19 · Conferences, conventions and meetings

    total $78,497 · program services $78,247 · management and general $250

  • 23 · Insurance

    total $5,471 · management and general $5,471

  • 24a · Other expenses: Dues and subscriptions

    total $8,300 · program services $8,300

  • 24b · Other expenses: Recruiting

    total $6,000 · management and general $6,000

  • 24c · Other expenses: Licenses and registrati

    total $4,347 · program services $1,390 · management and general $2,957

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $6,295,416 · end of year $2,280,058

  • 2 · Savings and temporary cash investments

    beginning of year $2,897 · end of year $7,213,443

  • 3 · Pledges and grants receivable

    beginning of year $80,000

  • 4 · Accounts receivable

    end of year $35,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,196 · end of year $12,285

  • 10a · Land, buildings and equipment: cost or other basis

    $34,687

  • 10b · Land, buildings and equipment: accumulated depreciation

    $34,687

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 17 · Accounts payable and accrued expenses

    beginning of year $117,225 · end of year $243,677

  • 25 · Other liabilities

    beginning of year $863,068 · end of year $3,220,042

  • 27 · Net assets without donor restrictions

    beginning of year $3,225,467 · end of year $3,862,555

  • 28 · Net assets with donor restrictions

    beginning of year $2,185,749 · end of year $2,214,512

Mission and programs · 2022

Mission

See Schedule O

Activities or mission (Part I)

To raise awareness of the public benefits and opportunities of advanced energy.

  • Expanding Wholesale Markets: This initiative seeks to eliminate barriers to the participation of advanced energy technologies in competitive wholesale markets. This work includes, but is not limited to, reforming legal independent system operator and regional transmission organization (ISO/RTO) market rules and operating practices that restrict or limit the ability of advanced energy technologies to participate in the markets, pursuing new market designs that better accomodate and take advantage of the unique physical and operational characteristics of advanced energy technologies, and opposing market rule proposals that would unfairly disadvantage advanced energy technologies or give undue preference to incumbent technologies.

    Expenses $1,885,998

  • Driving technology adoption: U.S. energy policy is primarily determined at the state and local level and Advanced Energy Institute carries out its mission by providing a platform for the discussion of advanced energy issues and the development of policy frameworks for use by a range of state and regional stakeholders across various states. In articulating the public benefits of advanced energy, Institute shares technical decisions maker education and engagement: a program to get pro-advanced assistance, communications expertise and state of the art economic and policy analyses of the advanced energy business sector with state and regional partner organizations, policy makers and other interested parties.

    Expenses $1,769,213

  • Decisions maker education and engagement: A program to get pro-advanced energy commissioners appointed, educated and empowered to achieve long-term transformation to support the advanced energy industry.

    Expenses $1,078,095

  • Electrifying transportation: This initiative is designed to accelerate the electrification of transportation across the country. This program works to speed the adoption of electric vehicles (EVS), charging infrastructure, and supportive technologies/services through a targeted strategy focused on key states. The specific policies pursued include, but are not limited to, those that reduce the upfront price of the vehicle, accelerate charging infrastructure deployment, modernize utility regulations to integrate EVS, and address the specific challenges facing medium- and heavy-duty vehicles.

    Expenses $820,841 · Grants $96,225

  • Other programs include: Education and communications and membership

    Expenses $756,083

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

Listed in Part VII

  • Matt Rogers

    Chairman

    Total calculated
    $0
    Hours/week
    1

  • Sudeen Kelly

    Director

    Total calculated
    $0
    Hours/week
    1

  • Hemant Taneja

    Director

    Total calculated
    $0
    Hours/week
    1

  • Ted White

    Director

    Total calculated
    $0
    Hours/week
    1

  • Audrey Zibelman

    Director

    Total calculated
    $0
    Hours/week
    1

  • Robert Kreamer

    CEO

    Total calculated
    $397,062
    From this org
    $367,202
    From related orgs
    $0
    Other
    $29,860
    Hours/week
    18

    Schedule J breakdown matched by us

    Base
    $243,475
    Bonus
    $123,727
    Other
    $0
    Deferred
    $20,776
    Nontaxable benefits
    $9,084
    Filer's total
    $397,062

  • Heather O'Neill

    President

    Total calculated
    $221,728
    From this org
    $200,604
    From related orgs
    $0
    Other
    $21,124
    Hours/week
    20

    Schedule J breakdown matched by us

    Base
    $165,504
    Bonus
    $35,100
    Other
    $0
    Deferred
    $20,248
    Nontaxable benefits
    $876
    Filer's total
    $221,728

  • Jeffrey Dennis

    Secretary

    Total calculated
    $88,807
    From this org
    $80,123
    From related orgs
    $0
    Other
    $8,684
    Hours/week
    18

  • Allison Ingram

    Treasurer

    Total calculated
    $133,156
    From this org
    $109,494
    From related orgs
    $0
    Other
    $23,662
    Hours/week
    16

  • Hannah Polikov

    Managing Director

    Total calculated
    $144,177
    From this org
    $121,456
    From related orgs
    $0
    Other
    $22,721
    Hours/week
    28

  • Nathan Willcox

    Managing Director

    Total calculated
    $133,700
    From this org
    $119,552
    From related orgs
    $0
    Other
    $14,148
    Hours/week
    28

  • Amisha Rai

    VP of Policy and Advocacy

    Total calculated
    $136,575
    From this org
    $116,562
    From related orgs
    $0
    Other
    $20,013
    Hours/week
    24

  • James Tolbert

    Sr. Director, State Policy

    Total calculated
    $133,814
    From this org
    $106,919
    From related orgs
    $0
    Other
    $26,895
    Hours/week
    20

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

None.

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

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

Provenance

Return type
form_990
Tax year
2022
Filed
28 August 2023
IRS schema version
2022v5.0
Source object
202332439349301208

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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