1. Directory
  2. Massachusetts
  3. Boston
  4. PowerOptions
EIN 22-3041893

PowerOptions

IRS 501(c) type
501(c)(4)
Num. employees
16
City
Boston
State
Massachusetts
Year formed
1989
Most recent tax filings
2023-06-01
NTEE code, primary
S40: Business and Industry
Description
PowerOptions is energy buying consortium that delivers cost savings and predictability to nonprofits and the public sector in Massachusetts, Connecticut and Rhode Island.
Total revenues
$3,789,504
2023
Total expenses
$3,674,773
2023
Total assets
$8,290,776
2023
Num. employees
16
2023

Program areas at PowerOptions

Poweroptions conducts competitive procurements for energy and energy related services on behalf of the consortium of more than 450 members. This requires the hiring of consultants and legal services to evaluate and negotiate the terms and conditions for the members. On an on-going basis, Poweroptions staff facilitates the administration and the marketing of the program, assists members with billing disputes with the suppliers and develops new program options for the consortium.

Grants made by PowerOptions

GranteeGrant descriptionAmount
Bay Path UniversityAward As Part of Poweroptions' Twentieth Anniversary$10,000
The Mystic Valley Young Men's Christian AssociationAward As Part of Poweroptions' Twentieth Anniversary$10,000
Managed Health ResourcesAward As Part of Poweroptions' Twentieth Anniversary$10,000
...and 13 more grants made

Personnel at PowerOptions

NameTitleCompensation
Heather TaklePresident and Chief Executive Officer$352,493
Liam SullivanVice President of Marketing and Communications$165,211
Kristen StelljesSenior Vice President
Kristen A PatneaudeDirector of Innovation$132,215
Lemar McFaddenMember Relationship Manager
...and 15 more key personnel

Financials for PowerOptions

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Program services$3,524,367
Investment income and dividends$157,007
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$108,130
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,789,504

Form 990s for PowerOptions

Fiscal year endingDate received by IRSFormPDF link
2023-062023-11-07990View PDF
2022-062022-10-28990View PDF
2021-062021-12-02990View PDF
2020-062021-06-30990View PDF
2019-062019-12-13990View PDF
...and 9 more Form 990s
Data update history
January 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
December 31, 2023
Updated personnel
Identified 3 new personnel
July 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 4, 2023
Updated personnel
Identified 2 new personnel
June 29, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsTrade associationsBusiness and community development organizations
Issues
HealthMental healthHuman servicesBusiness and industry
Characteristics
LobbyingState / local level
General information
Address
129 S St 6th Floor
Boston, MA 02111
Metro area
Boston-Cambridge-Newton, MA-NH
County
Suffolk County, MA
Website URL
poweroptions.org/ 
Phone
(617) 737-8480
Facebook page
PowerOptionsInc 
Twitter profile
@poweroptions 
IRS details
EIN
22-3041893
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S40: Business and Industry
NAICS code, primary
813910: Trade Associations
Parent/child status
Independent
Free account sign-up

Want updates when PowerOptions has new information, or want to find more organizations like PowerOptions?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2024 Nonprofit Metrics LLC
Terms of Service and Privacy Policy