NORTHEAST ENERGY EFFICIENCY PARTNERSHIPS

EIN: 813283869 501(c)(3) Environment

WOBURN, MA

Total Revenue
$4,389,104
Total Expenses
$4,640,245
Total Assets
$4,134,806
Net Assets
$3,227,456
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MA
Principal Officer
MAGGIE MOLINA
Phone
7818609177
Tax Period
2023-01-01 to 2023-12-31

NORTHEAST ENERGY EFFICIENCY PARTNERSHIPS, founded in 2016, is a community nonprofit in the Environment sector that reported $4.4M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

NEEP DRIVES REGIONAL COLLABORATION SO THAT THE NORTHEAST AND MID-ATLANTIC CAN EQUITABLY AND AFFORDABLY REDUCE BUILDING SECTOR GREENHOUSE GAS EMISSIONS THROUGH ENERGY EFFICIENCY, ELECTRIFICATION, AND GRID INTEGRATION.

Program Service Accomplishments

Program 1
Expenses: $924,693 Revenue: $1,163,823

HEATING ELECTRIFICATION MARKET TRANSFORMATION - HEATING EFFICIENTLY WITH RENEWABLE ELECTRICITY INSTEAD OF DIRECTLY BURNING FOSSIL FUELS FOR SPACE AND WATER HEATING CAN REDUCE POLLUTION, LOWER COSTS...

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HEATING ELECTRIFICATION MARKET TRANSFORMATION - HEATING EFFICIENTLY WITH RENEWABLE ELECTRICITY INSTEAD OF DIRECTLY BURNING FOSSIL FUELS FOR SPACE AND WATER HEATING CAN REDUCE POLLUTION, LOWER COSTS, AND SUPPORT ECONOMIC DEVELOPMENT. IMPROVED HEAT PUMP TECHNOLOGIES, COUPLED WITH A DECARBONIZING GRID AND STATE AND LOCAL GOVERNMENT MANDATES, HAVE CREATED NEW OPPORTUNITIES TO FOCUS POLICY AND PROGRAMS TO SIGNIFICANTLY REDUCE THE ENERGY AND CARBON FOOTPRINT OF EXISTING HOMES AND BUILDINGS IN THE NORTHEAST AND MID-ATLANTIC.

Program 2
Expenses: $652,783 Revenue: $727,003

BUILDING ENERGY CODES AND APPLIANCE STANDARDS - BUILDING ENERGY CODES AND APPLIANCE STANDARDS ARE AN ESSENTIAL PATHWAY TO REDUCE DEMAND, ENERGY CONSUMPTION, AND GREENHOUSE GAS EMISSIONS, DRIVE HIGH...

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BUILDING ENERGY CODES AND APPLIANCE STANDARDS - BUILDING ENERGY CODES AND APPLIANCE STANDARDS ARE AN ESSENTIAL PATHWAY TO REDUCE DEMAND, ENERGY CONSUMPTION, AND GREENHOUSE GAS EMISSIONS, DRIVE HIGH PERFORMANCE BUILDING PRACTICES, PROTECT CONSUMERS, AND GROW LOCAL ECONOMIES. THESE COST-EFFECTIVE REGULATORY TOOLS ENSURE THAT BUILDINGS AND HOMES MEET AND EXCEED MINIMUM ENERGY EFFICIENCY PERFORMANCE, RESULTING IN COMMUNITIES THAT ARE COMPRISED OF HEALTHY AND RESILIENT HOMES THAT ARE SAFEGUARDED AGAINST EXPENSIVE AND DISRUPTIVE FUTURE RETROFITS.

Program 3
Expenses: $262,545 Revenue: $159,980

PUBLIC POLICY AND PROGRAMS - SUCCESSFUL TRANSITION TO ZERO CARBON BUILDINGS AND HOMES WILL REQUIRE MARKET TRANSFORMATION WITH ADVANCED TECHNOLOGICAL SOLUTIONS AND EQUITABLE POLICY MECHANISMS...

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PUBLIC POLICY AND PROGRAMS - SUCCESSFUL TRANSITION TO ZERO CARBON BUILDINGS AND HOMES WILL REQUIRE MARKET TRANSFORMATION WITH ADVANCED TECHNOLOGICAL SOLUTIONS AND EQUITABLE POLICY MECHANISMS. CRITICAL POLICY AREAS INCLUDE COMPREHENSIVE STATE AND UTILITY POLICY, MAXIMIZING FEDERAL PROGRAMS AND FUNDING OPPORTUNITY, BUILDING REGULATION, FEDERAL REGULATION, AND ROBUST EVALUATION, MEASUREMENT, AND VERIFICATION (EM&V).

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,242,412
Program Service Revenue $3,083,344
Investment Income $62,030
Other Revenue $1,318
TOTAL REVENUE $4,389,104

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,596,081
Fundraising Expenses $178,841
Program Expenses $2,961,598
Other Expenses $2,044,164
TOTAL EXPENSES $4,640,245

Year-over-Year Comparison

2023 2022 Change
Revenue $4,389,104 $4,630,562 -0.1%
Expenses $4,640,245 $4,857,164 0.0%
Net Income $-251,141 $-226,602 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
41
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$240,409
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARION GOLD BOARD PRESIDENT 2.00
Officer Director
$0 $0 $0
TINA BENNETT BOARD VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
STEVEN NADEL BOARD TREASURER 2.00
Officer Director
$0 $0 $0
WILLIAM ELLIS BOARD CLERK 2.00
Officer Director
$0 $0 $0
SCOTT JOHNSTONE PAST BOARD PRESIDENT 2.00
Officer Director
$0 $0 $0
REBECCA BOLL BOARD MEMBER 2.00
Director
$0 $0 $0
BARRY COFLAN BOARD MEMBER 2.00
Director
$0 $0 $0
ERIC DUBIN BOARD MEMBER 2.00
Director
$0 $0 $0
SHERI GIVENS BOARD MEMBER 2.00
Director
$0 $0 $0
DONNEL BAIRD BOARD MEMBER 2.00
Director
$0 $0 $0
JANET JOSEPH BOARD MEMBER 2.00
Director
$0 $0 $0
JAMAL LEWIS BOARD MEMBER 2.00
Director
$0 $0 $0
ARAH SCHUUR THRU 923 EXECUTIVE DIRECTOR 40.00
Officer
$197,833 $6,440 $204,273
MAGGIE MOLINA BEG 1023 EXECUTIVE DIRECTOR 40.00
Officer
$31,547 $4,589 $36,136
JOHN BALFE THRU 1223 SENIOR MANAGER, STATES AND COMMUNITIES 40.00
Highest
$107,294 $10,750 $118,044
JENNIFER MARRAPESE SENIOR DIRECTOR PROGRAMS & STRATEGY 40.00
Highest
$174,952 $17,405 $192,357
LISA CASCIO DIRECTOR OF PARTNER ENGAGEMENT 40.00
Highest
$171,885 $13,969 $185,854
LAURA DE ANGELO SENIOR MANAGER OPERATIONS 40.00
Highest
$114,449 $12,265 $126,714
DAVE LIS DIRECTOR OF TECHNOLOGY & M 40.00
Highest
$169,092 $25,448 $194,540
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $4,389,104 $4,640,245 $4,134,806 $-251,141
2022 $4,630,562 $4,857,164 $3,985,414 $-226,602
2021 $4,251,266 $4,110,153 $4,479,644 $141,113
2020 $3,963,558 $3,538,920 $4,223,130 $424,638
2019 $3,540,073 $3,293,947 $3,531,715 $246,126
2018 $3,515,141 $3,280,568 $3,262,067 $234,573
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