EIN 52-2353661

American Council on Renewable Energy

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
2001
Most recent tax filings
2022-12-01
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
$7,697,621
2022
Total expenses
$8,181,022
2022
Total assets
$2,997,101
2022
Num. employees
30
2022

Program areas at American Council on Renewable Energy

Acore deploys three major programs to drive its overall mission. 1. Acore's corporate membership program which brings together major companies across all sectors of the Renewable Energy industry in a variety of working groups and activities. 2. The partnership for Renewable Energy finance (pref) is the nation's most credible educational resource on Renewable Energy finance. Pref members focus on increasing capital formation and investment in Renewable Energy through various forms of education, analysis and outreach. 3. The partnership for Renewable integration and market expansion (prime) features senior leaders from prominent, multi-technology Renewable Energy companies, financial institutions and corporate end-users who guide acore's strategic policy agenda
Acore produces three signature forums annually to bring together major stakeholders in Renewable Energy. Renewable Energy policy forum Washington, d.c. Renewable Energy finance forum wall street new york city acore's grid forum

Grants made by American Council on Renewable Energy

GranteeGrant descriptionAmount
Clean Grid AllianceProgram Service$320,000
The Advanced Power AllianceProgram Service$275,000
Mid-Atlantic Renewable Energy Coalition (MAREC)Program Service$275,000
...and 3 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
Sequoia Climate FoundationTo Advance Clean Energy Through Transmission Reform$750,000
Climate Imperative FoundationTo Support Solar Policies$500,000
...and 5 more grants received

Personnel at American Council on Renewable Energy

NameTitleCompensation
Greg WetstonePresident$217,518
Ray LongPresident and Chief Executive Officer
William ParsonsChief Operating Officer$205,600
Gerald BorensteinChief Financial Officer$189,840
Alex HobsonSenior Vice President , Communications
...and 21 more key personnel

Financials for American Council on Renewable Energy

RevenuesFYE 12/2022
Total grants, contributions, etc.$5,642,864
Program services$2,054,757
Investment income and dividends$0
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$0
Total revenues$7,697,621

Form 990s for American Council on Renewable Energy

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-02990View PDF
2020-122021-11-11990View PDF
2019-122021-02-26990View PDF
2018-122020-02-14990View PDF
...and 9 more Form 990s
Data update history
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 15, 2024
Updated personnel
Identified 5 new personnel
January 2, 2024
Used new vendors
Identified 1 new vendor, including
December 9, 2023
Updated personnel
Identified 12 new personnel
November 27, 2023
Received grants
Identified 1 new grant, including a grant for $750,000 from Sequoia Climate Foundation
Nonprofit Types
Trade associationsBusiness and community development organizationsEnvironmental organizationsCharities
Issues
Science and technologyEnergy conservationEnvironmentBusiness and industry
Characteristics
MembershipsConducts researchLobbyingTax deductible 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
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