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Nonprofit · EIN 87-4065892

RETAIL ENERGY ADVANCEMENT LEAGUE

Tax-exempt (reinstated) · ARLINGTON, VA 22209

Financials

$3.1M$3.1M2023
Revenue Expenses · by fiscal year end
Financials of RETAIL ENERGY ADVANCEMENT LEAGUE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
November 30, 2024990$3,117,953$3,137,325-$19,372$1,354,854$630,899$723,955
Financial details: 990 for the year ended November 30, 2024

Revenue

Contributions, gifts and grants
$3,117,953
Membership dues
$3,117,953
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,094,203
Salaries, compensation and benefits (total)
$1,094,203
Professional fundraising fees
$0
Legal fees
$359,496
Travel
$77,318
Program services (functional)
$2,778,252
Management and general (functional)
$359,073

Balance sheet and other

Total assets, start of year
$802,544
Total assets, end of year
$1,354,854
Total liabilities, end of year
$630,899
Net assets, end of year
$723,955
Net assets without donor restrictions
$723,955
Gross receipts
$3,117,953
Employees
0
Year formed
2021
State of legal domicile
PA

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 November 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
MICHAEL SULLIVANCHAIRPERSON
Trustee or director, Officer
1$0
SCOTT HUDSONVICE CHAIRPERSON
Trustee or director, Officer
1$0
JENNIFER SPINOSIVICE PRESIDENT
Trustee or director, Officer
40$0
JOE OLIKERSECRETARY
Trustee or director, Officer
1$0
JOHN HOLTZTREASURER
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1000 WILSON BLVD STE 1800, ARLINGTON, VA 22209-3920
In care of
% MULTISTATE ASSOCIATES
Principal officer (990 for 2023)
CHRISTOPHER ERCOLI, 1000 WILSON BLVD STE 1800, ARLINGTON, VA 22209
Signed the 990
CHRISTOPHER ERCOLI, CEO
Return prepared by
Alta CPA Group

Mission

THE RETAIL ENERGY ADVANCEMENT LEAGUE REAL IS A NATIONAL ADVOCACY ORGANIZATION DEDICATED TO THE EXPANSION AND MODERNIZATION OF AMERICAN RETAIL ENERGY MARKETS. IN MANY STATES, UTILITY MONOPOLIES STILL CONTROL THE ELECTRIC MARKET AND CUSTOMERS CANNOT CHOOSE WHERE THEY BUY THEIR ELECTRICITY AND GAS.

990 for the year ended November 30, 2024

Program accomplishments

  • OUR ORGANIZATION WAS FOUNDED BY A COALITION OF COMPANIES DEDICATED TO THE EXPANSION AND MODERNIZATION OF AMERICAN RETAIL ENERGY MARKETS. WE BELIEVE SMART REGULATION AND CONSUMER PROTECTIONS ARE THE FOUNDATION FOR A HEALTHY MARKET WHERE STATES CAN CAPITALIZE ON THE INNOVATIONS AND CUSTOMER DEMAND DRIVING OUR TRANSITION TO A CLEAN ENERGY ECONOMY.
    Expenses $2,778,252

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 November, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024November 30, 2025April 15, 2026Not on file
2023November 30, 2024April 15, 2025990 on file
2022November 30, 2023April 15, 2024Check at the IRS

IRS record

EIN
87-4065892
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2025
Accounting year ends
November
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,354,854
Income (IRS master file)
$3,117,953

Revocation and reinstatement

Exemption revoked
May 15, 2024
Posted by the IRS
August 12, 2024
Reinstated
Effective May 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990November 2024$3,117,953$3,137,325$1,354,854XML

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 87-4065892).

Questions about RETAIL ENERGY ADVANCEMENT LEAGUE

What is the EIN of RETAIL ENERGY ADVANCEMENT LEAGUE?
The employer identification number (EIN) of RETAIL ENERGY ADVANCEMENT LEAGUE is 87-4065892.
Is RETAIL ENERGY ADVANCEMENT LEAGUE tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2024 and reinstated it effective May 15, 2024.
Are donations to RETAIL ENERGY ADVANCEMENT LEAGUE tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RETAIL ENERGY ADVANCEMENT LEAGUE 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 RETAIL ENERGY ADVANCEMENT LEAGUE due?
The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RETAIL ENERGY ADVANCEMENT LEAGUE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended November 2024.
Who is the principal officer of RETAIL ENERGY ADVANCEMENT LEAGUE?
The 990 for the year ended November 30, 2024 names CHRISTOPHER ERCOLI.
Who are the officers and directors of RETAIL ENERGY ADVANCEMENT LEAGUE?
The 990 for the year ended November 30, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does RETAIL ENERGY ADVANCEMENT LEAGUE have?
On its 990 for the year ended November 30, 2024 it reported revenue of $3,117,953, expenses of $3,137,325 and total assets of $1,354,854 at year end.

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