2025-10-01T11:20:07-05:00 2024-12-31 930743240 HOFFMAN STEWART & SCHMIDT PC 3 CENTERPOINTE DRIVE SUITE 300 LAKE OSWEGO OR 970358663 990 2024-01-01 931228867 NORTHWEST ENERGY EFFICIENCY ALLIANCE NORT 5036885400 700 NE MULTNOMAH STREET 1300 PORTLAND OR 97232 REBECCA YATES EXECUTIVE DIRECTOR 5036885400 2025-09-30 1 0 IAN GELFAND P01709286 5032205900 2024 2025-03-06 01:10:19Z REBECCA YATES 700 NE MULTNOMAH STREET 1300 PORTLAND OR 97232 41139472 0 X WWW.NEEA.ORG X 1996 OR THE NORTHWEST ENERGY EFFICIENCY ALLIANCE (NEEA) IS AN ALLIANCE OF UTILITIES AND ENERGY EFFICIENCY ORGANIZATIONS WORKING ON BEHALF OF OVER 14.5 MILLION ENERGY CONSUMERS ACROSS THE FOUR NORTHWEST STATES. NEEA'S MISSION IS TO CATALYZE THE MOST EFFICIENT USE OF ENERGY FOR A THRIVING NORTHWEST.NEEA IS FUNDED BY THE BONNEVILLE POWER ADMINISTRATION, ENERGY TRUST OF OREGON AND MORE THAN 140 ELECTRIC AND NATURAL GAS UTILITIES ACROSS THE REGION. ITS STAKEHOLDERS INCLUDE NORTHWEST UTILITIES, PUBLIC INTEREST GROUPS, STATE ENERGY OFFICES AND GOVERNMENT ENTITIES. SINCE 1996, NEEA HAS TAKEN A MARKET-DRIVEN APPROACH TO ENERGY EFFICIENCY THAT IS GROUNDED IN DATA, COLLABORATION, AND RIGOROUS EVALUATION. NEEA WORKS TO TRANSFORM MARKETS BY FILLING INFORMATION GAPS AND IDENTIFYING AND REMOVING BARRIERS SO THAT THE MARKET CAN ALIGN AROUND EVOLVING ELECTRIC AND NATURAL GAS ENERGY EFFICIENCY NEEDS. THE RESULT IS LONG-TERM, COST-EFFECTIVE ENERGY SAVINGS FOR THE REGION. 20 20 129 146 0 0 34234501 39773467 0 0 152023 323688 1097095 1042317 35483619 41139472 0 0 0 0 14140732 15660972 0 0 0 21152463 26115943 35293195 41776915 190424 -637443 23413645 20737294 19688750 17649842 3724895 3087452 X NONE 0 0 24752912 MARKET DEVELOPMENT AND TRANSFORMATION (SEE SCHEDULE O FOR DESCRIPTION)IN PARTNERSHIP WITH THE REGION, THE ALLIANCE USES THE MARKET POWER OF THE NORTHWEST TO ACCELERATE THE INNOVATION AND ADOPTION OF BOTH ELECTRIC AND NATURAL GAS ENERGY-EFFICIENT PRODUCTS, SERVICES AND PRACTICES. SOME KEY ACTIVITIES AND REGIONAL RESULTS STEMMING FROM THE ALLIANCE'S 2024 INVESTMENT INCLUDE: GREW THE ENERGY STAR RETAIL PRODUCTS PLATFORM (ESRPP) TO REACH 31% OF U.S. HOUSEHOLDS THROUGH TARGETED RETENTION AND RECRUITMENT. BUILDING SCALE THROUGH THE NATIONAL PROGRAM ENSURES GREATER INFLUENCE WITH MANUFACTURERS AND ENABLES NORTHWEST CONSUMERS TO HAVE MORE ACCESS TO EFFICIENT AND AFFORDABLE PRODUCT OPTIONS. MORE THAN 300 RETAIL LOCATIONS THROUGHOUT THE NORTHWEST PARTICIPATE IN NEEA'S RETAIL PRODUCT PORTFOLIO (RPP) PROGRAM. ADDED TWO NEW PUMPS MANUFACTURER REPRESENTATIVES TO THE EXTENDED MOTOR PRODUCTS PROGRAM TO INCREASE COVERAGE EAST OF THE CASCADES AND IN RURAL AREAS. ADDING THESE NEW PARTICIPANTS WILL PROVIDE NEW INSIGHTS TO THE PROGRAM REGARDING RURAL MARKET AND IRRIGATION PUMP SALES AND INFORM STRATEGIES TO ACCELERATE MARKET ADOPTION. REALIZED AN ESTIMATED 18% INCREASE YEAR OVER YEAR IN REPLACEMENT SALES OF HEAT PUMP WATER HEATERS. IN 2024, NEEA FOCUSED ON INCREASING INSTALLER CONFIDENCE AND TECHNICAL CAPABILITY WITH HEAT PUMP WATER HEATER TECHNOLOGY TO PREPARE THE MARKET FOR AN UPCOMING FEDERAL WATER HEATER STANDARD. WORKED WITH STAKEHOLDERS TO BETTER UNDERSTAND THE BENEFITS, MARKET GAPS AND MARKET TRANSFORMATION OPPORTUNITIES RELATED TO DUAL-FUEL RESIDENTIAL HVAC. KEY ACTIVITIES INCLUDED INSTALLING FIELD UNITS FOR DUAL-FUEL DEMONSTRATION PROJECT, PARTICIPATING IN TWO REGIONAL WORKGROUPS, CONDUCTING DATA AND MODELING ACTIVITIES, AND DISCUSSING REGIONAL NEEDS WITH NEEA'S BOARD OF DIRECTORS. 7768087 MARKET RESEARCH, EVALUATION AND ANALYTICS (SEE SCHEDULE O FOR DESCRIPTION)ALLIANCE RESEARCH AND EVALUATION EFFORTS DRIVE PROGRAMMING, DEFINE CHALLENGES WITHIN ENERGY EFFICIENCY WORK, AND PROVIDE CRITICAL MARKET DATA AND ANALYSIS ABOUT REGIONAL ENERGY CONSUMPTION AND BUILDING STOCK. IN 2024, THE ALLIANCE: LAUNCHED OR COMPLETED NEARLY 40 MARKET RESEARCH OR EVALUATION STUDIES TO SUPPORT BOTH ELECTRIC AND NATURAL GAS OPPORTUNITIES FOR ENERGY EFFICIENCY IN THE RESIDENTIAL, COMMERCIAL AND INDUSTRIAL SECTORS. PUBLISHED THE FINAL REPORT AND DATA FOR THE 2022 RESIDENTIAL BUILDING STOCK ASSESSMENT, A COMPREHENSIVE STUDY OF SINGLE-FAMILY AND MULTI-FAMILY BUILDING CHARACTERISTICS AND ENERGY USE IN THE REGION. LAUNCHED THE 2025 COMMERCIAL BUILDING STOCK ASSESSMENT TO COLLECT, ANALYZE, AND PUBLISH BUILDING CHARACTERISTIC AND ENERGY USAGE DATA FOR COMMERCIAL BUILDINGS AND MULTIFAMILY BUILDINGS IN THE NORTHWEST. 1915511 STAKEHOLDER ENGAGEMENT, CORPORATE STRATEGY AND COMMUNICATIONS (SEE SCHEDULE O FOR DESCRIPTION)THE GOAL OF NEEA'S STAKEHOLDER ENGAGEMENT AND COMMUNICATION TEAM IS TO FACILITATE AND ADVANCE REGIONAL COLLABORATION BETWEEN NEEA AND ITS FUNDERS AND STAKEHOLDERS. IN 2024, THE ALLIANCE: DELIVERED THE ANNUAL EFFICIENCY EXCHANGE CONFERENCE AS A HYBRID EVENT TO FACILITATE REGIONAL COLLABORATION ON ENERGY EFFICIENCY OPPORTUNITIES AND SHARE SUCCESS STORIES AND BEST PRACTICES. THE CONFERENCE DREW MORE THAN 450 ATTENDEES, WHICH INCLUDED ENERGY PROFESSIONALS FROM THE NORTHWEST AND ACROSS THE NATION. ORGANIZED AND FACILITATED QUARTERLY BOARD, ADVISORY AND COORDINATING COMMITTEE MEETINGS TO ENSURE REGIONAL ENGAGEMENT, ALIGNMENT AND COLLABORATION ON ALLIANCE MARKET TRANSFORMATION PROGRAMS. IN 2024, THERE WERE SIX ALLIANCE COMMITTEES: REGIONAL PORTFOLIO ADVISORY COMMITTEE, COST-EFFECTIVENESS ADVISORY COMMITTEE, NATURAL GAS ADVISORY COMMITTEE, REGIONAL EMERGING TECHNOLOGY ADVISORY COMMITTEE, AND THE RESIDENTIAL AND COMMERCIAL + INDUSTRIAL COORDINATING COMMITTEES. 34436510 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 49 0 1 129 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OR X KYLE BURCHARD 5036885400 700 NE MULTNOMAH STREET STE 1300 PORTLAND OR 97232 HOLLY BRAUN BOARD MEMBER 1.50 X 0 0 0 MICHAEL COLGROVE BOARD MEMBER 1.50 X 0 0 0 SUZANNE FREW BOARD MEMBER 1.50 X 0 0 0 ANDREW GRASSELL BOARD MEMBER 1.50 X 0 0 0 DEBBIE DEPETRIS BOARD MEMBER 1.50 X 0 0 0 BONNIE ROUSE BOARD MEMBER 1.50 X 0 0 0 RUCHI SADHIR BOARD MEMBER 1.50 X 0 0 0 CORY SCOTT BOARD MEMBER 1.50 X 0 0 0 BRITTANY BROYLES BOARD MEMBER 1.50 X 0 0 0 GILBERT ARCHULETA BOARD VICE CHAIR 3.00 X X 0 0 0 JAMAE HILLIARD CREECY BOARD CHAIR 3.00 X X 0 0 0 NICOLE HYDZIK BOARD MEMBER 1.50 X 0 0 0 ELIZABETH OSBORNE BOARD MEMBER 1.50 X 0 0 0 JOE FERNANDI BOARD MEMBER 1.50 X 0 0 0 EILEEN QUIGLEY BOARD MEMBER 1.50 X 0 0 0 KYLE ROADMAN TREASURER 3.00 X X 0 0 0 DANIE WILLIAMS BOARD SECRETARY 3.00 X X 0 0 0 RICHARD STOVER BOARD MEMBER 1.50 X 0 0 0 QUENTIN NESBITT BOARD MEMBER 1.50 X 0 0 0 CALEB REIMER BOARD MEMBER 1.50 X 0 0 0 KYLE BURCHARD VP ADMINISTRATION 40.00 X 184157 0 48779 REBECCA YATES EXECUTIVE DIRECTOR 40.00 X 296525 0 57646 SUSAN HERMENET VP ANALYTICS, RESEARCH 40.00 X 232686 0 29782 JEFFREY HARRIS CHIEF TRANSFORMATION 40.00 X 219110 0 51522 MARK REHLEY DIR CODES & STANDARDS 40.00 X 180681 0 48532 REBECCA WALKER VP, MARKET DEVELOPMENT 40.00 X 184936 0 43379 STEPHANIE RIDER DIR PORTFOLIO MGMT 40.00 X 183852 0 48647 1481947 0 328287 59 0 1 0 CADEO GROUP LLC 3506 N VANCOUVER AVENUE PORTLAND OR 97227 CONSULTANT 1941721 WESTAT 1600 RESEARCH BLVD ROCKVILLE MD 20850 CONSULTANT 1403149 EVERGREEN CONSULTING GROUP 14845 SW MURRAY SCHOLLS DR BEAVERTON OR 97007 CONSULTANT 1048797 COLEHOURCOHEN 1011 WESTERN AVE SEATTLE WA 98104 CONSULTANT 831743 INDUSTRIAL ECONOMICS 2067 MASSACHUSETTS AVE CAMBRIDGE MA 02140 CONSULTANT 559547 47 12697362 27076105 39773467 323688 323688 CONSULTING INCOME 900099 733388 733388 MISCELLANEOUS REVENUE 900099 308929 308929 1042317 41139472 733388 0 632617 480682 303791 176891 11391474 7423629 3967845 1041216 674691 366525 1821933 1179251 642682 925667 602337 323330 35874 5235 30639 51250 9227 42023 1123323 669125 454198 578601 447026 131575 566310 406851 159459 632879 375116 257763 354943 316097 38846 290489 193954 96535 456996 339943 117053 90252 57039 33213 PROJECT COSTS 21312199 21312199 COMMUNICATIONS 440776 69870 370906 BOARD EXPENSES 129055 2549 126506 SPONSORSHIPS 52996 48580 4416 41776915 34436510 7340405 0 873405 959770 15055239 13514128 391245 204764 1085773 965171 4414599 2796027 1984503 1618572 4023480 3474889 23413645 20737294 4338239 5686580 10339385 7583430 5011126 4379832 19688750 17649842 X 3563148 3051657 161747 35795 3724895 3087452 23413645 20737294 -637443 0 X X 0 1 X 1 1 1 X 37674775 40227128 39719185 34234501 39773467 191629056 37674775 40227128 39719185 34234501 39773467 191629056 48709066 142919990 21878 20525 20872 152023 323688 538986 161851 85926 308063 305168 308929 1169937 193337979 733388 0.73920 0.80730 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 41776915 41776915 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 250000 250000 250000 250000 1000000 1500000 1788929 692549 1096380 2625670 2103478 522192 1618572 OPERATING LEASE RIGHT-OF-USE ASSET 3474889 3474889 OPERATING LEASE LIABILITY 4379832 4379832 X 41139472 0 41139472 0 41139472 41776915 0 41776915 0 41776915 PART X, LINE 2: NEEA IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR STATE PROVISIONS. NEEA IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS INTEREST, PENALTIES, AND REQUIRED DISCLOSURES. MANAGEMENT DOES NOT BELIEVE NEEA HAS ANY UNCERTAIN TAX POSITIONS. NEEA FILES INFORMATIONAL RETURNS. GENERALLY, THESE RETURNS ARE SUBJECT TO EXAMINATION BY INCOME TAX AUTHORITIES FOR THREE YEARS FROM THE FILING OF A RETURN. NEEA HAS NOT PAID ANY INTEREST OR PENALTIES RELATED TO ITS INCOME TAX POSITIONS, AND THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. INTEREST OR PENALTIES ASSESSED BY TAXING AUTHORITIES, IF ANY, WOULD BE INCLUDED WITH GENERAL OPERATIONS EXPENSES. X X X X X 0 0 0 0 0 0 0 0 0 REBECCA YATES EXECUTIVE DIRECTOR 257525 0 38700 0 300 0 23896 0 33750 0 354171 0 17500 0 JEFFREY HARRIS CHIEF TRANSFORMATION 215300 0 0 0 3810 0 17772 0 33750 0 270632 0 0 0 SUSAN HERMENET VP ANALYTICS, RESEARCH 230506 0 0 0 2180 0 18783 0 10999 0 262468 0 0 0 KYLE BURCHARD VP ADMINISTRATION 183467 0 0 0 690 0 15029 0 33750 0 232936 0 0 0 STEPHANIE RIDER DIR PORTFOLIO MGMT 182562 0 0 0 1290 0 14897 0 33750 0 232499 0 0 0 MARK REHLEY DIR CODES & STANDARDS 179366 0 0 0 1315 0 14884 0 33648 0 229213 0 0 0 REBECCA WALKER VP, MARKET DEVELOPMENT 184486 0 0 0 450 0 15594 0 27785 0 228315 0 0 0 FORM 990, PART I, LINE 1 WORKING TOGETHER, THE REGION HAS ACHIEVED: MORE THAN 1,004 AMW OF CO-CREATED ELECTRIC ENERGY SAVINGS. THIS IS EQUIVALENT TO ENOUGH ENERGY TO POWER MORE THAN 732,000 NORTHWEST HOMES EACH YEAR. 4MM THERMS OF CO-CREATED NATURAL GAS SAVINGS SINCE 2019. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED 990 IS REVIEWED BY THE FINANCE AND AUDIT COMMITTEE ESTABLISHED BY NEEA'S BOARD OF DIRECTORS. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE GIVEN AN OPPORTUNITY TO INDEPENDENTLY REVIEW THE FORM AND ADDRESS QUESTIONS AT A REGULARLY SCHEDULED BOARD MEETING PRIOR TO THE FORMS FILING. FORM 990, PART VI, SECTION B, LINE 12C THE FINANCE/AUDIT COMMITTEE OF THE BOARD OVERSEES OPERATION OF THE CONFLICT OF INTEREST POLICY AND THE ORGANIZATION'S OVERALL COMPLIANCE WITH IT. A CONFLICT OF INTEREST "OCCURS WHEN AN INTERESTED PERSON HAS A MATERIAL FINANCIAL INTEREST IN A TRANSACTION IN WHICH NEEA IS INVOLVED, OR TO WHICH NEEA IS A PARTY IN THE FUTURE, OR WHICH OTHERWISE AFFECTS NEEA." AN "INTERESTED PERSON" IS AN OFFICER, EMPLOYEE, MEMBER OF THE BOARD OF DIRECTORS OF NEEA, OR ANYONE ELSE WHO IS IN A POSITION OF AUTHORITY WITH NEEA, AS WELL AS FAMILY MEMBERS OF NEEA OFFICERS, EMPLOYEES OR BOARD MEMBERS; ENTITIES WHICH ARE MORE THAN 35% OWNED, DIRECTLY OR INDIRECTLY, INDIVIDUALLY OR COLLECTIVELY, BY ONE OR MORE NEEA OFFICERS, DIRECTORS, OR EMPLOYEES; AND OTHER ENTITIES (EXCLUDING 501(C) TAX-EXEMPT ORGANIZATIONS) OF WHICH A NEEA OFFICER, DIRECTOR OR EMPLOYEE SERVES IN A POSITION OF INFLUENCE (E.G., AS AN OFFICER, DIRECTOR, OR KEY EMPLOYEE). A "MATERIAL INTEREST" IS DEFINED AS ANYTHING OVER 2 PERCENT OF THE TOTAL DOLLAR AMOUNT TO BE VOTED UPON IN THE CASE OF A TRANSACTION IN WHICH A NEEA BOARD MEMBER IS INVOLVED. THE BOARD OF DIRECTORS AND STAFF REVIEW THE POLICY ANNUALLY AND COMPLETE ANNUAL DISCLOSURE FORMS. THE FORMS ARE CONFIDENTIAL, MADE AVAILABLE TO THE BOARD CHAIR AND EXECUTIVE DIRECTOR AS NECESSARY TO IMPLEMENT THE POLICY. PROCEDURES A. PRIOR TO A BOARD OR COMMITTEE ACTION ON A TRANSACTION, AN INTERESTED PERSON HAVING A CONFLICT OF INTEREST SHALL DISCLOSE ALL MATERIAL FACTS PERTAINING TO THE CONFLICT OF INTEREST. THESE FACTS SHALL BE RECORDED IN THE MINUTES OF THE MEETING. B. AN INTERESTED PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT PARTICIPATE IN OR HEAR THE BOARD OR COMMITTEE DISCUSSION OF THE TRANSACTION EXCEPT TO DISCLOSE FACTS AND ANSWER QUESTIONS. THE INTERESTED PERSON SHALL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE REGARDING THE TRANSACTION AT ANY TIME. C. AN INTERESTED PERSON WHO HAS A CONFLICT OF INTEREST SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING A QUORUM WITH RESPECT TO A VOTE REGARDING THE TRANSACTION, AND SHALL NOT VOTE ON THE TRANSACTION OR BE PRESENT WHEN THE VOTE IS TAKEN. SUCH PERSON'S INELIGIBILITY TO VOTE SHALL BE REFLECTED IN THE MINUTES OF THE MEETING. D. IF IT IS NOT CLEAR WHETHER A CONFLICT OF INTEREST EXISTS, THE INTERESTED PERSON SHALL DISCLOSE ALL MATERIAL FACTS PERTAINING TO THE POTENTIAL CONFLICT OF INTEREST TO HIS OR HER SUPERVISOR OR THE CHAIR OF THE BOARD OR THE CHAIR'S DESIGNEE. THE CHAIR OF THE BOARD SHALL HAVE THE SOLE AUTHORITY TO DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS, OR MAY DELEGATE THIS DECISION FOR A VOTE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS LAST COMMISSIONED A SALARY SURVEY BY AN INDEPENDENT FIRM IN 2022. ALL NEEA POSITIONS, INCLUDING THE EXECUTIVE DIRECTOR ROLE, ARE MARKET MATCHED AND REVIEWED ANNUALLY THROUGH A COMPENSATION MANAGEMENT SYSTEM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE PROVIDED TO MEMBERS OF THE GENERAL PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.