Community Energy Project Inc

EIN: 943040817 501(c)(3)

Portland, OR

Total Revenue
$7,104,301
Total Expenses
$6,684,384
Total Assets
$3,683,237
Net Assets
$1,621,058
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
OR
Principal Officer
CHARITY FAIN
Phone
5032846827
Tax Period
2024-07-01 to 2025-06-30

Community Energy Project Inc, founded in 1987, is a community nonprofit that reported $7.1M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $6.7M left a modest 6% surplus.

Mission

COMMUNITY ENERGY PROJECT BELIEVES THAT EVERYONE DESERVES A SAFE, HEALTHY, EFFICIENT HOME REGARDLESS OF INCOME. WE DO THIS THROUGH EDUCATION, HANDS-ON TRAINING, AND DISTRIBUTION OF WEATHERIZATION, AND LEAD POISONING PREVENTION MATERIALS. WE ALSO PROVIDE DIRECT WEATHERIZATION AND SAFETY REPAIRS TO SENIORS AND PEOPLE WITH DISABILITIES. WE DELIVER THESE SERVICES IN PARTNERSHIP WITH COMMUNITY MEMBERS AND SERVICE ORGANIZATIONS, UTILITIES, CORPORATIONS, FOUNDATIONS, AND GOVERNMENT AGENCIES.

Program Service Accomplishments

Program 1
Expenses: $4,178,973

WHOLE HOME RETROFIT FUNDS CEP TO COMPLETE SUBSTANTIAL HOME REPAIRS FOR LOW INCOME AND BIPOC HOMEOWNERS. REPAIRS CAN INCLUDE HVAC, INSULATION, ROOFING, ETC. ALL FUNDING IS PROVIDED BY THE CITY OF...

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WHOLE HOME RETROFIT FUNDS CEP TO COMPLETE SUBSTANTIAL HOME REPAIRS FOR LOW INCOME AND BIPOC HOMEOWNERS. REPAIRS CAN INCLUDE HVAC, INSULATION, ROOFING, ETC. ALL FUNDING IS PROVIDED BY THE CITY OF PORTLAND, BUREAU OF PLANNING & SUSTAINABILITY, WHICH PCEF IS UNDER.

Program 2
Expenses: $809,560

OTHER PROGRAMSHOME ENERGY SCORING PROVIDES HOME ENERGY ASSESSMENTS TO LOW INCOME HOMEOWNERS LIVING IN THE CITY OF PORTLAND, HILLSBORO, AND MILWAUKIE. ALL FUNDING IS PROVIDED BY THE CITY OF PORTLAND...

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OTHER PROGRAMSHOME ENERGY SCORING PROVIDES HOME ENERGY ASSESSMENTS TO LOW INCOME HOMEOWNERS LIVING IN THE CITY OF PORTLAND, HILLSBORO, AND MILWAUKIE. ALL FUNDING IS PROVIDED BY THE CITY OF PORTLAND, CITY OF HILLSBORO, CITY OF MILWAUKIE, AND INCENTIVES THROUGH ENERGY TRUST OF OREGON.HPWH INSTALLATION PROVIDES INSTALLATION OF HEAT PUMP WATER HEATERS TO LOW INCOME HOUSEHOLDS TO REDUCE UTILITY BILLS AND MAKE THE HOMES MORE ENERGY EFFICIENT. THE PROJECT IS CURRENTLY FUNDED BY THE ENERGY TRUST OF OREGON. PORTLAND WATER BUREAU LEAK REPAIR PROVIDES FUNDING TO REPAIR WATER LEAKS, PLUMBING REPAIRS, AND INCREASE WATER EFFICIENCY TO LOW INCOME HOMEOWNERS. ALL PROJECTS ARE FUNDED BY THE PORTLAND WATER BUREAU.

Program 3
Expenses: $642,879

IN-HOME WEATHERIZATION PROGRAM FOR HOMES OF LOW-INCOME FAMILIES OF SENIORS AND PEOPLE WITH DISABILITIES PROVIDES SMALL MEASURE WEATHERIZATION MEASURES AND ENERGY CONSERVATION INFORMATION AS...

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IN-HOME WEATHERIZATION PROGRAM FOR HOMES OF LOW-INCOME FAMILIES OF SENIORS AND PEOPLE WITH DISABILITIES PROVIDES SMALL MEASURE WEATHERIZATION MEASURES AND ENERGY CONSERVATION INFORMATION AS APPROPRIATE. ALL PROJECTS ARE FUNDED BY CITY OF PORTLANDS HOUSING BUREAU.IN-HOME SAFETY REPAIR PROVIDES MINOR HOME REPAIRS TO HOMES OF LOW-INCOME FAMILIES, SENIORS, AND PERSONS WITH DISABILITIES. SERVICES INCLUDE: LIGHT BULB AND SMOKE DETECTOR REPLACEMENT, BATHROOM SAFETY BAR INSTALLATIONS, STAIR RAIL REPLACEMENT AND MORE. ALL PROJECTS ARE FUNDED BY THE PORTLAND HOUSING BUREAU.IN-HOME REPAIRS AND EFFICIENCY EXTENDED SERVICES TO SENIOR HOMEOWNERS AT RISK FOR LOSING THEIR HOMES DUE TO DEFERRED MAINTENANCE ISSUES. SERVICES ARE OFFERED IN THE INTERSTATE AND LENTS URBAN RENEWAL CORRIDORS. ALL PROJECTS ARE FUNDED BY THE PORTLAND HOUSING BUREAU.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $7,090,239
Program Service Revenue $0
Investment Income $14,062
Other Revenue $0
TOTAL REVENUE $7,104,301

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,446,275
Fundraising Expenses $206,625
Program Expenses $6,099,690
Other Expenses $4,238,109
TOTAL EXPENSES $6,684,384

Year-over-Year Comparison

2024 2023 Change
Revenue $7,104,301 $5,683,562 +0.2%
Expenses $6,684,384 $5,495,443 +0.2%
Net Income $419,917 $188,119 +1.2%
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
14
Independent Members
14
Employees
28
Volunteers
66

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
4
$171,040
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARITY FAIN Executive Dir. 40.00
Officer
$163,336 $7,704 $171,040
DONOVAN JAMES DIR OF FINANCE 40.00
$103,245 $10,238 $113,483
JEFF COLE President 2.00
Officer Director
$0 $0 $0
JAKE WISE VP, TREASURER 2.00
Officer Director
$0 $0 $0
BRENDA HUNT Secretary 1.00
Officer Director
$0 $0 $0
LARA OPEIFA Director 1.00
Director
$0 $0 $0
MARISA DECRISTOFORO Director 1.00
Director
$0 $0 $0
ERIKA LEVINE Director 1.00
Director
$0 $0 $0
RENEE LOVELAND Director 1.00
Director
$0 $0 $0
CHARITY SPIRES Director 1.00
Director
$0 $0 $0
RACHEL DEROSIA DIRECTOR 1.00
Director
$0 $0 $0
TSERING SHERPA Director 1.00
Director
$0 $0 $0
HUDA YUSUF Director 1.00
Director
$0 $0 $0
STEPHANIE MCFALL Director 1.00
Director
$0 $0 $0
JIM LUTHI Director 1.00
Director
$0 $0 $0
ANTHONY LEVENDA Director 1.00
Director
$0 $0 $0
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
2025 $7,104,301 $6,684,384 $3,683,237 $419,917
2024 $5,683,562 $5,495,443 $2,224,586 $188,119
2023 $3,133,966 $3,273,869 $1,994,415 $-139,903
2022 $2,605,848 $2,494,748 $1,061,487 $111,100
2021 $1,826,950 $1,658,361 $1,011,694 $168,589
2020 $1,634,101 $1,496,407 $888,549 $137,694
2019 $1,296,769 $1,319,884 $597,706 $-23,115
2018 $665,702 $703,475 $586,093 $-37,773
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