philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Renewable Energy Vermont

Not tax-deductible

Montpelier, VT501(c)(6)Community DevelopmentEIN 03-0364592Revenue $491K in FY2024

On file with the IRSrevermont.org13 Baldwin St Ste 205, 05602-2971 · Montpelier, VTTax-exempt since Dec 2000

Tell your story. Claim this org

Rev's mission is to reduce climate pollution by expanding Renewable Energy in Vermont and growing our clean Energy economy for all.

Run by 10 volunteers and 6 employees.
Mission: Form 990 Part I, line 1 · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $1K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$125K
to officers and key staff · 27% of spending
Top officer’s pay higher than 84% of similar orgs
Worth a look: pay to officers and key staff is 27% of spending; over 20%.
Pt VII · Sec A
Cash reserves
6 mo
of spending, in cash
Looks good: 5.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3K
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$491K
+9% vs prior year
Spent
$471K
To programs
0%
Net assets
$225K
By yearFY2020–FY2024
Revenue
$491K
FY2024▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$305K
FY2021$369K
FY2022$410K
FY2023$449K
FY2024$491K
Expenses
$471K
FY2024▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$308K
FY2021$358K
FY2022$413K
FY2023$480K
FY2024$471K
Net assets
$225K
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$228K
FY2021$239K
FY2022$235K
FY2023$205K
FY2024$225K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 2000.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

15 people listed on the 990; $125K paid to officers and key staff.

Part VII, Section A · reportable compensation
Peter Sterling
Executive Di
$125,000Pt VII · Sec A
$0Pt VII · Sec A
Josh Bagnato
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Harris Roen
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Jake Clark
Director
$0Pt VII · Sec A

Peter Sterling’s $125K as Executive Di is at the 84th percentile of top reported officer pay among 1708 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Peter Sterling$125,000$113,300$100,800$31,935—
Olivia Campbell Andersen————$91,059
Olivia Campbell———$77,370—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Renewable Energy Vermont executive salaries →

On this list? Claim this org

Something off? Claim to fix it

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Expands renewable energy and grows Vermont's clean energy economy for all.

Questions for Renewable Energy Vermont

Tap to ask. Renewable Energy Vermont sees how many people are interested.

Your first name shows with your question. Renewable Energy Vermont answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · in their own filed words · FY2024
01

Engaged in public outreach and education to promote the benefits of renewable energy and serve as an online and on-call resource for vermont specific information on renewable energy technologies, incentives, and best practices. We advocate for state and federal policies that increase comprehensive renewable energy use.

Pt IX · col B
02

Organized and sponsored an annual conference focusing on renewable energy. For over 20 years, the renewable energy vermont conference has been the signature comprehensive renewable energy event in northern new england.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $30K · 2023–2023
350vermontVT · FY2023$30,000

By the numbers

The FY2024 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$491K
Ln 12
Gifts and grantsLn 1h$430K
Fees for servicesLn 2g$55K
Investment incomeLn 3$6K
Money outPt IX
$471K
Ln 25
Owns and owesPt X
$225K
net assets · Ln 32
Cash and savingsLn 1–2$216K
Total assetsLn 16$229K
LiabilitiesLn 26$3K
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$430K
Fees for servicesLn 2g$55K
Investment incomeLn 3$6K
Total revenueLn 12$491K
Assets in detailPt X, end of year
CashLn 1$86K
SavingsLn 2$130K
Cash and savings togetherLn 1–2$216K
Land, buildings, equipmentLn 10c$1K
Other assetsLn 15$6K
Total assetsLn 16$229K
LiabilitiesLn 26$3K
Net assetsLn 32$225K
OperationsPt I, VI
EmployeesI 56
VolunteersI 610
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$182K$216K
Land, buildings, equipmentLn 10c$2K$1K
Total assetsLn 16$209K$229K
LiabilitiesLn 26$4K$3K
Net assetsLn 32$205K$225K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1K
Pay of current officers, directors and key staffLn 5$125K
Other salaries and wagesLn 7$131K
Pension plan contributionsLn 8$4K
Other employee benefitsLn 9$21K
Payroll taxesLn 10$25K
Legal feesLn 11b$8K
Accounting feesLn 11c$6K
Lobbying feesLn 11d$10K
Other fees for servicesLn 11g$40K
Advertising and promotionLn 12$1K
Office expensesLn 13$5K
Information technologyLn 14$7K
OccupancyLn 16$11K
TravelLn 17$3K
Conferences, conventions and meetingsLn 19$66K
Depreciation, depletion and amortizationLn 22$845
InsuranceLn 23$3K
Total functional expensesLn 25$471K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $491K$471K$21K$225K 990 PDF
FY2023 $449K$480K−$31K$205K 990 PDF
FY2022 $410K$413K−$4K$235K 990 PDF
FY2021 $369K$358K$11K$239K 990 PDF
FY2020 $305K$308K−$4K$228K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $491,414 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $386,098$430,423
I-9 Program service revenuePrior year $59,982$55,038
I-10 Investment incomePrior year $3,279$5,953
I-11 Other revenue$0
I-12 Total revenuePrior year $449,359$491,414
I-13 Grants and similar amounts paidPrior year $33,150$1,330
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $287,908$307,176
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $158,878$162,129
I-18 Total expensesPrior year $479,936$470,635
I-19 Revenue less expensesPrior year −$30,577$20,779
Part VI · Governance 14 of 14 board members independent, 3 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $491,414 across 7 lines filed
VIII-1b Membership dues$249,923
VIII-1d Related organizations$37,000
VIII-1f All other contributions, gifts and grants$143,500
VIII-1h Total contributions, gifts and grants$430,423
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $55,038$55,038
VIII-3 Investment incomeExcluded from tax $5,953$5,953
VIII-12 Total revenueRelated to mission $55,038 · Excluded from tax $5,953$491,414
Part IX · Statement of functional expenses $470,635 across 18 lines filed
IX-1 Grants to domestic organizations$1,330
IX-5 Pay of current officers, directors and key staff$125,000
IX-7 Other salaries and wages$131,352
IX-8 Pension plan contributions$4,255
IX-9 Other employee benefits$21,300
IX-10 Payroll taxes$25,269
IX-11b Legal fees$8,147
IX-11c Accounting fees$6,306
IX-11d Lobbying fees$9,792
IX-11g Other fees for services$40,208
IX-12 Advertising and promotion$1,333
IX-13 Office expenses$4,663
IX-14 Information technology$7,152
IX-16 Occupancy$11,400
IX-17 Travel$3,455
IX-19 Conferences, conventions and meetings$66,061
IX-22 Depreciation, depletion and amortization$845
IX-23 Insurance$2,767
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$470,635
Part X · Balance sheet $228,666 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $53,740$85,698
X-2 Savings and temporary cash investmentsStart of year $128,013$130,186
X-4 Accounts receivableStart of year $24,075$4,376
X-9 Prepaid expenses and deferred chargesStart of year $1,335$1,007
X-10c Land, buildings and equipment, netStart of year $1,881$1,036
X-15 Other assets$6,363
X-16 Total assetsStart of year $209,044$228,666
X-17 Accounts payable and accrued expensesStart of year $4,034$3,252
X-26 Total liabilitiesStart of year $4,034$3,252
X-27 Net assets without donor restrictionsStart of year $205,010$225,414
X-32 Total net assets or fund balancesStart of year $205,010$225,414
X-33 Total liabilities and net assetsStart of year $209,044$228,666
Part XI · Reconciliation of net assets $225,414 net assets at year end
XI-1 Total revenue$491,414
XI-2 Total expenses$470,635
XI-3 Revenue less expenses$20,779
XI-4 Net assets at start of year$205,010
XI-8 Prior period adjustments−$375
XI-10 Net assets at end of year$225,414

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.