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Nonprofit · EIN 33-4738765

FUTURE OF HEAT INSTITUTE INC

Tax-exempt · CAMBRIDGE, MA 02139

Financials

$1.2M$449K2025
Revenue Expenses · by fiscal year end
Financials of FUTURE OF HEAT INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990 (amended)$1,203,546$448,584$754,962$878,201$123,239$754,962
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,200,000
Program service revenue
$3,046
Investment income
$0
Other revenue
$500

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$98,560
Other salaries and wages
$220,140
Salaries, compensation and benefits (total)
$374,957
Professional fundraising fees
$0
Legal fees
$100
Accounting fees
$2,879
Occupancy
$2,480
Travel
$20,090
Depreciation
$27
Program services (functional)
$417,208
Management and general (functional)
$20,196
Fundraising (functional)
$11,179

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$878,201
Total liabilities, end of year
$123,239
Net assets, end of year
$754,962
Land, buildings and equipment
$2,328
Net assets without donor restrictions
$754,962
Gross receipts
$1,203,546
Employees
6
Volunteers
0
Year formed
2025
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
Michael E BloombergExecutive Director and Treasurer
Trustee or director, Officer
40$85,500$7,930
Bruce E BiewaldPresident and Director
Trustee or director, Officer
5$0$0

Address and contacts

Address (IRS master file)
22 PEARL ST FL 4, CAMBRIDGE, MA 02139-4095
Principal officer (990 for 2025)
Mike Bloomberg, 22 PEARL ST FL 4, Cambridge, MA 021394095
Signed the 990
Michael Bloomberg, Executive Director Treasurer
Phone
(202) 270-9506

Mission

The Future of Heat Institute Inc. exists to advance a clean affordable and reliable future of heat by conducting and disseminating nonpartisan research and educational materials. The Institute produces original analysis data-driven reports and public education materials to inform state utility regulators policymakers and the general public about energy system challenges and opportunities. Through public forums written publications and digital communications the Organization seeks to improve public understanding of gas system planning energy affordability and decarbonization technologies.

990 for the year ended December 31, 2025

Program accomplishments

  • Gas affordability research
    Expenses $248,886
  • Education and collaboration on labor impacts of gas policies
    Expenses $41,721
  • Research and writing on changing utility regulatory paradigm
    Expenses $126,601

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
33-4738765
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
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C60)
Assets (IRS master file)
$878,201
Income (IRS master file)
$1,203,546

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,203,546$448,584$878,201XML

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 33-4738765).

Questions about FUTURE OF HEAT INSTITUTE INC

What is the EIN of FUTURE OF HEAT INSTITUTE INC?
The employer identification number (EIN) of FUTURE OF HEAT INSTITUTE INC is 33-4738765.
Is FUTURE OF HEAT INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to FUTURE OF HEAT INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FUTURE OF HEAT INSTITUTE 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 FUTURE OF HEAT INSTITUTE INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FUTURE OF HEAT INSTITUTE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of FUTURE OF HEAT INSTITUTE INC?
The 990 for the year ended December 31, 2025 names Mike Bloomberg.
Who are the officers and directors of FUTURE OF HEAT INSTITUTE INC?
The 990 for the year ended December 31, 2025 lists 2 people; 1 received compensation from the organization, the highest $85,500 (Michael E Bloomberg, Executive Director and Treasurer).
How much revenue does FUTURE OF HEAT INSTITUTE INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,203,546, expenses of $448,584 and total assets of $878,201 at year end.

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