EIN 45-5087827

Illinois Science and Energy Innovation Foundation (ISEIF)

IRS 501(c) type
501(c)(4)
Num. employees
4
Year formed
2012
Most recent tax filings
2019-12-01
Description
ISEIF was created to inform and engage Illinois consumers in the transformation to a digital electric grid. ISEIF accomplishes this through funding innovative education, outreach, and research projects.
Also known as...
Energy Foundry
Total revenues
$6,678,751
2019
Total expenses
$6,013,549
2019
Total assets
$31,344,605
2019
Num. employees
4
2019

Program areas at ISEIF

Pursuant to chapter 220, section 5/16-180.7(d) of the public utilities act of Illinois compiled statutes, in 2012 the Foundation received initial funding from two Illinois utility corporations. Further, the Foundation receives various additional grants and/or donations to support programs and related expenses. The funds were and will be expended to provide financial and technical support and assistance to entities for programs and projects that support, encourage or utilize innovative technologies or other methods that will benefit the public by promoting economic development in Illinois.
Pursuant to chapter 220, section 5/16-180.6(f) of the public utilities act of Illinois compiled statutes, provides for funding from the two utility corporations of 5,000,000 per year beginning in 2012 and continuing for ten years. The funds will be used to provide consumer education regarding smart meters and related technologies and services.

Grants made by ISEIF

GranteeGrant descriptionAmount
The Chicago Community TrustConsumer Education$1,200,000
Elevate EnergyConsumer Education$1,160,150
Illinois Science and Technology Coalition (ISTC)Consumer Education$345,100
...and 19 more grants made totalling $4,701,450

Personnel at ISEIF

NameTitleCompensation
Matt VanhoevenChief Financial Officer
Judy LiVice President
Ed WehmerExecutive Director
Jason BlumbergManaging Director$235,843
Bob GreenleeGeneral Counsel
...and 3 more key personnel

Financials for ISEIF

RevenuesFYE 12/2019
Total grants, contributions, etc.$5,286,709
Program services$0
Investment income and dividends$1,027,083
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$182,187
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$182,772
Total revenues$6,678,751

Form 990s for ISEIF

Fiscal year endingDate received by IRSFormPDF link
2019-122021-06-25990View PDF
2018-122020-01-31990View PDF
2017-122019-03-15990View PDF
2016-122017-12-27990OView PDF
2015-122017-01-18990OView PDF
...and 3 more Form 990s
Data update history
May 21, 2022
Posted financials
Added Form 990 for fiscal year 2019
May 20, 2022
Used new vendors
Identified 3 new vendors, including , , and
April 29, 2021
Posted financials
Added Form 990 for fiscal year 2018
October 2, 2020
Posted financials
Added Form 990 for fiscal year 2017
May 19, 2020
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsEnvironmental organizationsHeadquarter / parent organizations
Issues
Energy conservationEnvironment
Characteristics
Conducts researchState / local level
General information
Address
4809 N Ravenswood Ave Suite 415
Chicago, IL 60640
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Website URL
iseif.org 
Phone
(312) 324-3999
IRS details
EIN
45-5087827
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2012
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
C12: Environment Fund Raising and Fund Distribution
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
Free account sign-up

Want updates when ISEIF has new information, or want to find more organizations like Illinois Science and Energy Innovation Foundation (ISEIF)?

Create free Cause IQ account