2024-11-15T04:48:31-06:00 2023-12-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-01-01 522353661 American Council On Renewable Energy AMER 2023930001 1150 Connecticut Avenue NW 401 Washington DC 20036 Gerald Borenstein President & CEO 2023930001 2024-11-13 1 1 Stacy Cullen P00974308 3012316200 2024-11-13 2023 2024-10-15 13:58:12Z Gerald Borenstein 1150 Connecticut Avenue NW 401 Washington DC 20036 10248895 0 X WWW.ACORE.ORG X 2001 DC To unite business, policy and finance to accelerate the transition to a renewable energy economy. 26 25 29 23 0 0 5642864 8111868 2054757 2092484 0 43946 0 597 7697621 10248895 1120000 1913000 0 0 4341520 5245383 0 0 152068 2719502 2737493 8181022 9895876 -483401 353019 2997101 5214926 2632006 4496812 365095 718114 X The American Council on Renewable Energy (ACORE) is a 501 (c)(3) national nonprofit organization that unites finance, policy and technology to accelerate the transition to a renewable energy economy. 0 0 5309891 1913000 1390783 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. 1888173 1876701 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. 7198064 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 7 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 26 25 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Gerald Borenstein 2027777592 1150 Connecticut Avenue NW 401 Washington DC 20036 Gregory Wetstone Outgoing President & CEO 40.00 X X 469806 0 22565 Raymond Long Incoming President & CEO 40.00 X X 256818 0 1525 Kevin Gresham Board Chair 2.00 X X 0 0 0 Shannon Kellogg Secretary 2.00 X X 0 0 0 Patrick Reiten Treasurer 2.00 X X 0 0 0 Vikas Agrawal Director 2.00 X 0 0 0 Laura Beane Director 2.00 X 0 0 0 Mit Buchanan Director 2.00 X 0 0 0 William Conkling Director 2.00 X 0 0 0 Mona Dajani Director 2.00 X 0 0 0 William Demas Director 2.00 X 0 0 0 Monique Dyers Director 2.00 X 0 0 0 Kathleen Frangione Director 2.00 X 0 0 0 David Giordano Director 2.00 X 0 0 0 Kristal Hansley Director 2.00 X 0 0 0 Ja Kao Director 2.00 X 0 0 0 Vishal Kapadia Director 2.00 X 0 0 0 Marcus Krembs Director 2.00 X 0 0 0 Kevin Lynch Director 2.00 X 0 0 0 Rose McKinney-James Director 2.00 X 0 0 0 Phil Musser Director 2.00 X 0 0 0 Francis O'Sullivan Director 2.00 X 0 0 0 Urvi Parekh Director 2.00 X 0 0 0 Gaurav Raniwala Director 2.00 X 0 0 0 Himanshu Saxena Director 2.00 X 0 0 0 Meghan Schultz Director 2.00 X 0 0 0 Raymond Wood Director 2.00 X 0 0 0 Gerald Borenstein Chief Financial Officer 40.00 X 227265 0 22566 Jose Zayas EVP Policy & Programs 40.00 X 323438 0 32934 Colleen Pickford EVP Corporate Engagement 40.00 X 227777 0 32934 Allison Nyholm VP Government Affairs 40.00 X 222961 0 27549 Lesley Hunter SVP Policy & Engagement 40.00 X 196000 0 32843 Alexandra Hobson SVP Communications 40.00 X 207950 0 20690 Kevin ORourke SVP Development & Public Affairs 40.00 X 203907 0 11359 2335922 0 204965 10 0 1 0 0 8111868 8111868 Membership Dues 541900 1390783 1390783 Conferences 541900 701701 701701 2092484 43946 43946 Miscellaneous 900099 597 597 597 10248895 2092484 0 44543 X 1913000 1913000 1000544 640973 341810 17761 3251604 2083056 1110826 57722 177192 113514 60533 3145 522573 334773 178523 9277 293470 188004 100256 5210 8500 8500 41044 41044 1127006 541960 585046 3874 3874 54265 43607 5510 5148 253048 202438 25305 25305 231151 184921 23115 23115 52676 42141 10535 764459 727138 37321 41660 33328 4166 4166 12187 9749 1219 1219 Dues and Subscriptions 147623 135588 12035 9895876 7198064 2545744 152068 69929 21898 1359586 3005726 143750 839600 175000 179799 174455 210966 126503 114998 84463 1129039 913784 2997101 5214926 215076 311915 1633000 1139621 1528479 69053 38357 1208256 985061 2632006 4496812 X -357282 -1212672 722377 1930786 365095 718114 2997101 5214926 353019 0 X X 0 1 X 1 0 X 790014 3831170 5259900 5642864 8111868 23635816 2272376 1303759 1595376 2054757 2092484 9318752 3062390 5134929 6855276 7697621 10204352 32954568 400000 525000 688000 475000 325000 2413000 2212256 1735716 2392060 3765644 10105676 400000 2737256 2423716 2867060 4090644 12518676 20435892 117 2305 1802 43946 48170 117 2305 1802 43946 48170 900 597 1497 3062507 5137234 6857078 7698521 10248895 33004235 0.61920 0.90840 0.00150 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 99935 99935 9795941 9895876 644794 161199 0 0 3777869 462381 559051 644794 5444095 8166143 12594 52443 61200 99935 226172 94467 115595 139763 161199 511024 766536 19036 11120 7916 99069 56794 42275 92861 58589 34272 84463 Deposits 39364 Right of Use of Asset 874420 913784 Capital Lease Payable 1037 Lease Liability 984024 985061 X 10516749 267854 267854 10248895 0 10248895 10163730 267854 267854 9895876 0 9895876 Part X, Line 2: ACORE evaluates uncertainty in income tax positions based on a more-likely-than-not recognition standard. If that threshold is met, the tax position is then measured at the largest amount that is greater than 50% likely of being realized upon ultimate settlement. As of December 31, 2023, there are no accruals for uncertain tax provisions. If applicable, ACORE records interest and penalties as a component of income tax expense. Tax years from 2020 through the current year remain open for examination by tax authorities 0 Alliance For Clean Energy NY 119 Washington Ave Suite 103 Albany NY 12210 421691177 501(c)(3) 30000 0 Program service Interwest Energy Alliance 400 Gold Avenue Sw Suite 700 Albuquerque NM 87102 542084551 501(c)(6) 80000 0 Program service Marec Action PO Box 385 Camden DE 19934 270971686 501(c)(3) 275000 0 Program service Renew Northeast 8 Grove Avenue Madison CT 06443 300557554 501(c)(6) 50000 0 Program service Southern Renewable Energy Association 11610 Pleasant Ridge Road Suite 103 176 Little Rock AR 72223 831399468 501(c)(3) 120000 0 Program service 3 2 X X 0 0 0 0 0 0 0 1 0 Gregory Wetstone Outgoing President & CEO 394806 0 75000 0 0 0 0 0 22565 0 492371 0 0 0 Jose Zayas EVP Policy & Programs 312188 0 11250 0 0 0 0 0 32934 0 356372 0 0 0 Colleen Pickford EVP Corporate Engagement 219777 0 8000 0 0 0 0 0 32934 0 260711 0 0 0 Raymond Long Incoming President & CEO 56818 0 200000 0 0 0 0 0 1525 0 258343 0 0 0 Allison Nyholm VP Government Affairs 212961 0 10000 0 0 0 0 0 27549 0 250510 0 0 0 Gerald Borenstein Chief Financial Officer 219265 0 8000 0 0 0 0 0 22566 0 249831 0 0 0 Lesley Hunter SVP Policy & Engagement 178500 0 17500 0 0 0 0 0 32843 0 228843 0 0 0 Alexandra Hobson SVP Communications 201450 0 6500 0 0 0 0 0 20690 0 228640 0 0 0 Kevin ORourke SVP Development & Public Affairs 203907 0 0 0 0 0 0 0 11359 0 215266 0 0 0 Part I, Line 7 The organization provided bonus compensation to both the outgoing president & CEO and incoming president & CEO Form 990, Part VI, Section A, line 6 ACORE shall have General Members and Accelerate Members open to all organizations interested in and supportive of the purposes of ACORE and that meet the criteria for membership established from time to time by the Board. Form 990, Part VI, Section A, line 7a The number of directors constituting the entire board shall be at least seventeen persons. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by an outside accountant and reviewed by the president, director of finance and the finance & audit committee of the board of directors. Once it is reviewed by that group it is then provided to the full board prior to filing it with the IRS. Form 990, Part VI, Section B, line 12c ACORE performs an annual review of the conflict of interest disclosures. Form 990, Part VI, Section B, line 15 A sub-committee of the board, led by corporate treasurer, conducted performance review, solicited information and input, and proposed compensation changes to the full board for approval. Full board approved the recommendation. Form 990, Part VI, Section C, line 19 Governing documents and financial statements are available upon request. Form 990, Part IX, line 11g Consulting : Program service expenses 541,960. Management and general expenses 585,046. Fundraising expenses 0. Total expenses 1,127,006. Part XII, Line 2 C No change in process from prior year.