Nonprofit · EIN 13-3374285
ASSOCIATION FOR ENERGY AFFORDABILITY INC
Tax-exempt · BRONX, NY 10454
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $29,244,691 | $28,849,714 | $394,977 | $26,529,428 | $20,080,014 | $6,449,414 |
| December 31, 2023 | 990 | $27,611,484 | $27,127,343 | $484,141 | $27,528,703 | $21,474,266 | $6,054,437 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $17,080,062
- of which government grants
- $15,425,872
- Program service revenue
- $12,089,921
- Investment income
- $7,863
- Other revenue
- $66,845
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $631,248
- Other salaries and wages
- $11,359,029
- Salaries, compensation and benefits (total)
- $14,696,011
- Professional fundraising fees
- $0
- Legal fees
- $42,770
- Occupancy
- $1,513,146
- Travel
- $304,932
- Program services (functional)
- $26,240,337
- Management and general (functional)
- $2,609,377
Balance sheet and other
- Total assets, start of year
- $27,528,703
- Total assets, end of year
- $26,529,428
- Total liabilities, end of year
- $20,080,014
- Net assets, end of year
- $6,449,414
- Net assets without donor restrictions
- $6,449,414
- Gross receipts
- $29,244,691
- Employees
- 149
- Volunteers
- 5
- Year formed
- 1992
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PETER S HOYLE | EXECUTIVE DIRECTOR Officer | 35 | $264,335 | $18,565 |
| ANDREW BROOKS | SR. DIRECTOR, AEA WEST Key employee | 35 | $254,212 | $25,336 |
| NICHOLAS DIRR | SR. DIRECTOR, PROGRAMS Highest-paid employee | 35 | $212,007 | $40,496 |
| FRANCIS RODRIGUEZ | DIRECTOR-WEATHERIZATION Highest-paid employee | 35 | $174,891 | $51,571 |
| AMY DRYDEN | DIRECTOR OF STRATEGIC INNOVATIONS Highest-paid employee | 35 | $174,073 | $44,549 |
| ASIT PATEL | SENIOR DIRECTOR, TECHNICAL Highest-paid employee | 35 | $194,260 | $17,566 |
| ADAM ROMANO | SR. DIRECTOR, WORKFORCE DEVELOPMENT Highest-paid employee | 35 | $169,388 | $35,708 |
| LAURA PEROZO GARCIA | CFO Officer | 35 | $63,706 | $5,094 |
| DANIEL REIBER | SECRETARY / TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DIRK FIELDS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GARY BROWN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JOSEPH BARDEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| LILIANA BURITICA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAVID HEPINSTALL | SENIOR POLICY ADVISOR Officer | 35 | $258,010 | $62,828 |
| ANDREW BROOKS | SR. DIRECTOR, AEA WEST Key employee | 35 | $235,937 | $56,510 |
| NICHOLAS DIRR | SR. DIRECTOR, PROGRAMS Highest-paid employee | 35 | $200,978 | $70,124 |
| FRANCIS RODRIGUEZ | DIRECTOR-WEATHERIZATION Highest-paid employee | 35 | $175,431 | $63,947 |
| PETER S HOYLE | EXECUTIVE DIRECTOR Officer | 35 | $192,500 | $43,694 |
| AMY DRYDEN | DIRECTOR OF STRATEGIC INNO Highest-paid employee | 35 | $164,531 | $45,822 |
| JOHN NEAL | DIRECTOR, TECHNICAL SERVICES Highest-paid employee | 35 | $154,765 | $32,019 |
| ASIT PATEL | SENIOR DIRECTOR, TECHNICAL SERVICES Highest-paid employee | 35 | $177,172 | $0 |
| NASSER GHALEB | CHIEF FINANCIAL OFFICER (OUTGOING) Officer | 35 | $61,938 | $14,470 |
| LINDA TOSCANO | CFO (DOE 7/26/23-12/5/23) Officer | 35 | $70,922 | $4,248 |
| DANIEL REIBER | SECRETARY / TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DIRK FIELDS | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| GARY BROWN | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| JOSEPH BARDEN | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| LILIANA BURITICA | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 105 BRUCKNER BLVD FRNT 1, BRONX, NY 10454-4537
- Principal officer (990 for 2024)
- PETER S HOYLE, 105 BRUCKNER BOULEVARD, BRONX, NY 10454
- Signed the 990
- PETER S HOYLE, EXECUTIVE DIRECTOR
- Phone
- (212) 279-4307
- Website
- WWW.AEA.US.ORG
- Return prepared by
- CBIZ ADVISORS LLC
Mission
WE MAKE ENERGY EFFICIENCY AFFORDABLE IN NEW AND EXISTING BUILDINGS.
Program accomplishments
- AEA CALIFORNIA IMPLEMENTS ENERGY, EDUCATION AND TRAINING PROGRAMS AND RESEARCH AND DEMONSTRATION PROJECTS TO IMPROVE HOUSING AFFORDABILITY, HEALTH, SAFETY, AND COMFORT IN LOW-INCOME AND DISADVANTAGED COMMUNITIES WHILE ALLEVIATING ENERGY USE AND GREENHOUSE GAS EMISSIONS. OUR PROGRAM IMPLEMENTATIONS FACILITATE OVER A HUNDRED ENERGY RETROFIT PROJECTS IN MULTIFAMILY BUILDINGS ANNUALLY, BENEFITING MORE THAN SIX THOUSAND LOW-INCOME TENANTS. AEA CALIFORNIA'S LARGEST PROGRAM, THE LOW INCOME WEATHERIZATION PROGRAM, ADMINISTERED BY THE CALIFORNIA DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT, HAS DEPLOYED MORE THAN $49M IN INCENTIVES TO 12,746 LOW-INCOME MULTIFAMILY HOUSEHOLDS, WHICH SAVES 19,288,580 KILOWATT-HOURS, 1,345,297 THERMS, AND 13,256 METRIC TONS OF CO2E YEARLY.Expenses $10,271,666 · revenue $8,723,465
- WEATHERIZATION ASSISTANCE DIRECTLY PROVIDES WEATHERIZATION SERVICES TO LOW-INCOME COMMUNITIES AND SUPPORTS COMMUNITY-BASED ORGANIZATIONS THROUGH ENERGY AUDITS, TRAINING, AND TECHNICAL SERVICES IN NEW YORK. THE PROGRAM REACHED 322 UNITS IN 2024, CONSISTING OF SMALL HOMES AND MULTIFAMILY BUILDINGS.Expenses $9,645,817 · revenue $478,336
- MOST OTHER PROGRAMS INVOLVE UTILITY, TECHNICAL, AND NEW CONSTRUCTION WORK, AND THE BRONX AND BROOKLYN ENERGY HUB("HUB"). UTILITY INSTALLS LED LIGHTING, SHOWERHEADS, STEAM TRAPS, BATH AND KITCHEN AERATORS. THIS YEAR, 3,269 RESIDENCES WERE SERVED, AND 332,700 KILOWATT-HOURS AND 103,893 THERMS OF ENERGY WERE SALVAGED. TECHNICAL SERVICES PROVIDES CONSULTING AND SUPPORT SERVICES INCLUDING CONDUCTING ENERGY AUDITS, RETRO-COMMISSIONING AND REQUIRED ANALYSIS FOR NEW YORK CITY LOCAL LAW 87 AND LOCAL LAW 97, AND ELECTRIFICATION STUDIES. SERVICES INCLUDE ANALYSIS, DESIGN, AND BID DOCUMENTATION CREATION. THE TEAM PARTICIPATES IN MANY STATE AND UTILITY INCENTIVE PROGRAMS. ALL SERVICES ARE PRIMARY FOR LOW TO MODERATE INCOME RESIDENTIAL BUILDINGS, AIMING TO REDUCE ENERGY USAGE AND UTILITY COSTS.NEW CONSTRUCTION (AKA SUSTAINABLE BUILDING SERVICES "SBS") THE SBS DEPARTMENT PROVIDES SUSTAINABILITY CONSULTING SERVICES TO AFFORDABLE HOUSING DEVELOPERS IN SUPPORT OF ACHIEVING RECOGNIZED GREEN BUILDING CERTIFICATIONS, INCLUDING ENTERPRISE GREEN COMMUNITIES (EGC), EPA ENERGY STAR, LEED, AND PASSIVE HOUSE. SBS SUPPORTS PROJECT TEAMS THROUGHOUT ALL PHASES OF CERTIFICATION, FROM DESIGN THROUGH CONSTRUCTION, BY PERFORMING TECHNICAL DOCUMENT REVIEW, ENERGY MODELING, AND ON SITE INSPECTIONS. THE PROJECTS SUPPORTED BY SBS TYPICALLY ACHIEVE APPROXIMATELY 17.5 PERCENT ENERGY SAVINGS RELATIVE TO THE ASHRAE 90.1 STANDARDTHE BRONX AND BROOKLYN ENERGY HUB PROVIDES RESOURCES TO NEW YORKERS THAT HELP THEM REDUCE ENERGY USE AND INCREASE COMFORT. BACKED BY THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY (NYSERDA), THE PROGRAM PROVIDES SUPPORT TO ACCESS GRANTS, REBATES, INCENTIVES, EDUCATION, AND JOB TRAINING OPTIONS. IN 2024, THE PROGRAM CONNECTED 1,764 BROOKLYN AND BRONX RESIDENTS TO ENERGY EFFICIENCY SERVICES INCLUDING WORKFORCE TRAINING.Expenses $5,109,475 · revenue $2,023,672
- THE FEDERAL GOVERNMENT IMPLEMENTED THE AMERICAN RESCUE PLAN ACT IN 2022, WHICH SET ASIDE FUNDING FOR ELECTRIFICATION SERVICES, SUCH AS INSTALLING HEAT PUMPS, WATER HEATERS, MINI-SPLIT SYSTEMS, AND WINDOW REPLACEMENTS. AEA PERFORMED THESE SERVICES IN THE BRONX AND BROOKLYN, REACHING 238 UNITS.Expenses $1,213,379 · revenue $931,293
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3374285
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $26,529,428
- Income (IRS master file)
- $29,244,691
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $29,244,691 | $28,849,714 | $26,529,428 | XML |
| 990 | December 2023 | $27,611,484 | $27,127,343 | $27,528,703 | XML |
| 990 | December 2022 | $27,867,301 | $26,037,128 | $27,117,688 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-3374285).
Questions about ASSOCIATION FOR ENERGY AFFORDABILITY INC
- What is the EIN of ASSOCIATION FOR ENERGY AFFORDABILITY INC?
- The employer identification number (EIN) of ASSOCIATION FOR ENERGY AFFORDABILITY INC is 13-3374285.
- Is ASSOCIATION FOR ENERGY AFFORDABILITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to ASSOCIATION FOR ENERGY AFFORDABILITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSOCIATION FOR ENERGY AFFORDABILITY INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ASSOCIATION FOR ENERGY AFFORDABILITY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASSOCIATION FOR ENERGY AFFORDABILITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ASSOCIATION FOR ENERGY AFFORDABILITY INC?
- The 990 for the year ended December 31, 2024 names PETER S HOYLE.
- Who are the officers and directors of ASSOCIATION FOR ENERGY AFFORDABILITY INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 8 received compensation from the organization, the highest $264,335 (PETER S HOYLE, EXECUTIVE DIRECTOR).
- How much revenue does ASSOCIATION FOR ENERGY AFFORDABILITY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $29,244,691, expenses of $28,849,714 and total assets of $26,529,428 at year end.
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