Nonprofit · EIN 22-3041893
POWEROPTIONS INC
Tax-exempt · BOSTON, MA 02111
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $6,458,794 | $6,303,275 | $155,519 | $11,088,678 | $2,153,942 | $8,934,736 |
| June 30, 2024 | 990 | $5,160,023 | $4,746,997 | $413,026 | $9,756,577 | $1,336,817 | $8,419,760 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $280,500
- of which government grants
- $280,500
- Program service revenue
- $5,736,073
- Investment income
- $442,221
- Net gain from sales of assets
- $254,147
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $44,500
- Compensation of officers, directors and key employees
- $1,242,401
- Other salaries and wages
- $2,345,179
- Salaries, compensation and benefits (total)
- $4,477,050
- Professional fundraising fees
- $0
- Legal fees
- $161,528
- Accounting fees
- $136,941
- Occupancy
- $122,928
- Travel
- $48,606
- Depreciation
- $6,401
- Program services (functional)
- $4,099,293
- Management and general (functional)
- $2,203,982
Balance sheet and other
- Total assets, start of year
- $9,756,577
- Total assets, end of year
- $11,088,678
- Total liabilities, end of year
- $2,153,942
- Net assets, end of year
- $8,934,736
- Land, buildings and equipment
- $7,032
- Publicly traded securities
- $9,049,164
- Gross receipts
- $8,201,844
- Employees
- 23
- Volunteers
- 12
- Year formed
- 1989
- State of legal domicile
- MA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER TAKLE | PRESIDENT AND CEO Highest-paid employee | 40 | $397,979 | $54,771 |
| MARGARET LUSARDI | EXECUTIVE VICE PRESIDENT Former | 40 | $222,866 | $19,952 |
| LIAM SULLIVAN | VICE PRESIDENT OF MARKETIN Highest-paid employee | 40 | $180,529 | $33,421 |
| ERIN CAMP | ESA PROGRAM MANAGER Highest-paid employee | 40 | $147,853 | $35,842 |
| RITA A MORAN GREINMAN | BUSINESS DEVELOPMENT MANA Highest-paid employee | 40 | $159,038 | $15,540 |
| WALTER GRAY | PROGRAM MANAGER Highest-paid employee | 40 | $147,671 | $21,990 |
| EMILY WEBB | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $137,072 | $29,337 |
| KRISTEN STELLJES | SENIOR VICE PRESIDENT Officer | 40 | $109,154 | $31,626 |
| JANET GAIL BESSER | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| LAURA BARTSCH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANA RANCOURT | TREASURER & TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS E ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICIA BEGROWICZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA KATES-GARNICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID BOGAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARAH SCHUUR | TRUSTEE Trustee or director | 1 | $0 |
| SOUNAK CHATTERJEE | TRUSTEE Trustee or director | 1 | $0 |
| MAGGIE MCCAREY | TRUSTEE Trustee or director | 1 | $0 |
| APRIL SALAS | TRUSTEE Trustee or director | 1 | $0 |
| DANO WEISBORD | TRUSTEE Trustee or director | 1 | $0 |
| TINA BENNETT | TRUSTEE Officer | 1 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| HEATHER TAKLE | PRESIDENT AND CEO Officer | 40 | $379,234 | $51,907 |
| MARGARET LUSARDI | EXECUTIVE VICE PRESIDENT Officer | 40 | $255,718 | $31,005 |
| LIAM SULLIVAN | VICE PRESIDENT OF MARKETING Highest-paid employee | 40 | $170,571 | $31,502 |
| RITA A MORAN GREINMAN | BUSINESS DEVELOPMENT MANAGER Highest-paid employee | 40 | $152,025 | $14,909 |
| ERIN CAMP | ESA PROGRAM MANAGER Highest-paid employee | 40 | $129,306 | $34,611 |
| WALTER GRAY | PROGRAM MANAGER Highest-paid employee | 40 | $136,764 | $20,494 |
| PATRICIA RUSH | SENIOR PROGRAM MANAGER Highest-paid employee | 40 | $122,830 | $33,278 |
| KRISTEN STELLJES | SENIOR VICE PRESIDENT (AS OF 6/18/24) Officer | 40 | $0 | $0 |
| JANET GAIL BESSER | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ROBERT RUDDOCK ESQ | SECRETARY & CLERK Officer | 1 | $0 | $0 |
| LAURA BARTSCH | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DANA RANCOURT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| THOMAS E ROGERS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PATRICIA BEGROWICZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BARBARA KATES-GARNICK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TINA BENNETT | TRUSTEE Trustee or director | 1 | $0 | $0 |
| GREG KING | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID BOGAN | TRUSTEE (AS OF 6/10/24) Trustee or director | 1 | $0 | $0 |
| ARAH SCHUUR | TRUSTEE (AS OF 6/10/24) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 129 SOUTH ST 6 FLOOR, BOSTON, MA 02111-2837
- Principal officer (990 for 2024)
- TINA BENNETT, 129 SOUTH STREET 6TH FLOOR, BOSTON, MA 02111
- Signed the 990
- TINA BENNETT, CHIEF EXECUTIVE OFFICER
- Phone
- (617) 737-8480
- Website
- WWW.POWEROPTIONS.ORG
- Return prepared by
- STONE & COMPANY LLC
Mission
THE MISSION OF POWEROPTIONS IS TO EMPOWER NON-PROFITS AND PUBLIC ENTITIES WITH SOLUTIONS TO REDUCE THE COST, CARBON, AND COMPLEXITY OF ENERGY. IT LEVERAGES ITS LARGE NON-PROFIT MEMBERSHIP TO SECURE FAVORABLE PRICING TERMS AND CONDITIONS FOR ENERGY AND ALSO OFFERS ENERGY RELATED SERVICES IN THE COMPETITIVE MARKET. IN DOING SO, POWEROPTIONS HELPS ITS MEMBERS SAVE MONEY THAT CAN BE DEPLOYED IN THE FURTHERANCE OF THE MISSIONS OF THE INDIVIDUAL NON-PROFIT ORGANIZATIONS IN THE CONSORTIUM.
Program accomplishments
- POWEROPTIONS CONDUCTS COMPETITIVE PROCUREMENTS FOR ENERGY AND ENERGY RELATED SERVICES ON BEHALF OF THE CONSORTIUM OF MORE THAN 450 MEMBERS. THIS REQUIRES THE HIRING OF CONSULTANTS AND LEGAL SERVICES TO EVALUATE AND NEGOTIATE THE TERMS AND CONDITIONS FOR THE MEMBERS. ON AN ON-GOING BASIS, POWEROPTIONS STAFF FACILITATES THE ADMINISTRATION AND THE MARKETING OF THE PROGRAM, ASSISTS MEMBERS WITH BILLING DISPUTES WITH THE SUPPLIERS AND DEVELOPS NEW PROGRAM OPTIONS FOR THE CONSORTIUM.Expenses $4,099,293 · grants $44,500 · revenue $5,736,073
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3041893
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible
- No
- Exempt since
- 2017
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P20)
- Assets (IRS master file)
- $11,088,678
- Income (IRS master file)
- $8,201,844
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $6,458,794 | $6,303,275 | $11,088,678 | XML |
| 990 | June 2024 | $5,160,023 | $4,746,997 | $9,756,577 | XML |
| 990 | June 2023 | $3,789,504 | $3,674,773 | $8,290,776 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 22-3041893).
Questions about POWEROPTIONS INC
- What is the EIN of POWEROPTIONS INC?
- The employer identification number (EIN) of POWEROPTIONS INC is 22-3041893.
- Is POWEROPTIONS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2017.
- Are donations to POWEROPTIONS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does POWEROPTIONS 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 POWEROPTIONS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did POWEROPTIONS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of POWEROPTIONS INC?
- The 990 for the year ended June 30, 2025 names TINA BENNETT.
- Who are the officers and directors of POWEROPTIONS INC?
- The 990 for the year ended June 30, 2025 lists 21 people; 8 received compensation from the organization, the highest $397,979 (HEATHER TAKLE, PRESIDENT AND CEO).
- How much revenue does POWEROPTIONS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $6,458,794, expenses of $6,303,275 and total assets of $11,088,678 at year end.
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