EIN 52-2353661

American Council On Renewable Energy

IRS 501(c) type
501(c)(3)
Num. employees
29
Year formed
2001
Most recent tax filings
2023-12-01
Description
American Council on Renewable Energy unites finance, policy and technology to accelerate the transition to a renewable energy economy through its 501 (c)(3) national nonprofit organization. It deploys three major programs through corporate membership program, partner program and signature forums across all sectors of Renewable Energy industry in Washington, D.C. Its signature forums include Renewable Energy policy forum in Washington D.C., Renewable Energy finance forum in Wall Street New York City and Acore's grid forum.
Total revenues
$10,248,895
2023
Total expenses
$9,895,876
2023
Total assets
$5,214,926
2023
Num. employees
29
2023

Program areas at American Council On Renewable Energy

ACORE deploys three major programs to drive its overall mission. 1. FinanceACORE supports the rapid scaling of clean energy investments through its work in project finance and ESG by engaging existing investors and directing new entrants to the clean energy sector.2. PolicyACORE works with Congress, the Administration, federal agencies, state governments, and U.S. power markets to promote and defend policies that accelerate the transition to a clean energy economy.3. TechnologyACORE is at the forefront of fostering the innovation, development, and integration of clean energy, grid technologies, and expanded transmission.
ACORE produces a mixture of in-person and virtual events annually to connect attendees with up-to-the-minute insights on the policies, financial trends, and grid issues most pertinent to the clean energy sector. ACORE's 2023 signature events included the ACORE Policy Forum and Awards Gala in Washington, D.C., the ACORE Finance Forum in New York City, and the ACORE Grid Forum in Arlington, Virginia.

Grants made by American Council On Renewable Energy

GranteeGrant descriptionAmount
Mid-Atlantic Renewable Energy Coalition (MAREC)Program Service$275,000
Southern Renewable Energy AssociationProgram Service$120,000
Interwest Energy AllianceProgram Service$80,000
...and 2 more grants made

Who funds American Council On Renewable Energy

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Breakthrough Energy ActionSupport for Macro Grid Initiative (Mgi)$2,500,000
MultiplierTransmission Solutions for A Clean Energy Future$1,179,200
MultiplierTransmission Solutions for A Clean Energy Future$781,000
...and 5 more grants received

Personnel at American Council On Renewable Energy

NameTitleCompensation
Greg WetstonePresident$217,518
Ray LongPresident and Chief Executive Officer
Gerald BorensteinChief Financial Officer$189,840
Alex HobsonSenior Vice President , Communications
Elise CaplanVice President, Regulatory Affairs
...and 19 more key personnel

Financials for American Council On Renewable Energy

RevenuesFYE 12/2023
Total grants, contributions, etc.$8,111,868
Program services$2,092,484
Investment income and dividends$43,946
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$597
Total revenues$10,248,895

Form 990s for American Council On Renewable Energy

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-02990View PDF
2020-122021-11-11990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $1,000 from Morris Weinman Memorial Foundation
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 15, 2024
Updated personnel
Identified 5 new personnel
January 3, 2024
Received grants
Identified 5 new grant, including a grant for $2,500,000 from Breakthrough Energy Action
January 2, 2024
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizationsEnvironmental organizationsCharities
Issues
Science and technologyEnergy conservationEnvironmentBusiness and industry
Characteristics
MembershipsConducts researchLobbyingTax deductible donationsAccepts online donations
General information
Address
1150 Connecticut Ave NW 401
Washington, DC 20036
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
District of Columbia, DC
Website URL
acore.org/ 
Phone
(202) 393-0001
Facebook page
american-council-on-renewable-energy-acore 
Twitter profile
@acore 
IRS details
EIN
52-2353661
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
C35: Energy Resource Conservation and Development
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
California AB-488 details
AB 488 status
Undetermined
Charity Registration status
Not Registered
FTB status revoked
Not revoked
AG Registration Number
None yet
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-12-31
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