Public Charity

VERMONT ENERGY INVESTMENT CORPORATION

VERMONT ENERGY INVESTMENT CORPORATION is a Public Charity headquartered in WINOOSKI, VT. Financial data from the 2024 filing: $130.9M revenue, $131.1M expenses, $53.4M total assets. 14 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 030304418 WINOOSKI, VT Energy Resources Conservation & Development NTEE: C35 Latest filing: 2024
Total Revenue$130.9M
Total Expenses$131.1M
Total Assets$53.4M
Grant Records14
Funding Total$1.0M
Filing Years2019–2024

Mission

VEIC IS A SUSTAINABLE ENERGY COMPANY ON A MISSION TO GENERATE THE ENERGY SOLUTIONS THE WORLD NEEDS (CONTINUES IN SCHEDULE O). (CONTINUED), WORKING TO COMBAT THE CLIMATE CRISIS, BOOST COMMUNITY RESILIENCE, AND LOWER ENERGY COSTS. FOR NEARLY 40 YEARS VEIC HAS BEEN WORKING WITH GOVERNMENTS, UTILITIES, FOUNDATIONS AND BUSINESSES ACROSS NORTH AMERICA TO DEVELOP AND DEPLOY CLEAN ENERGY SERVICES THAT PROVIDE IMMEDIATE AND LASTING CHANGE. WITH EXPERTISE IN DECARBONIZATION PLANNING, PROGRAM AND FLEET SOLUTIONS, MARKETING & EDUCATION, AND NEW APPROACHES TO PILOTS AND FEDERAL FUNDING SOLUTIONS, VEIC BRINGS INNOVATIVE IDEAS TO THE MARKET THAT MEET GOALS AND REDUCE GHG. IN ADDITION TO OUR FULL-SERVICE CONSULTING BUSINESS, VEIC ADMINISTERS THREE LARGE-SCALE SUSTAINABLE ENERGY PROGRAMS: EFFICIENCY VERMONT, EFFICIENCY SMART, AND THE DC SUSTAINABLE ENERGY UTILITY (DCSEU).

Where $100 goes at Vermont Energy Investment Corporation

How Vermont Energy Investment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$95 Programs the work itself
$5 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$52
Efficiency vermont works with partners to help the state transition to more affordable, low carbon energy use through education, incentives, and support for our clean energy workforce
55% of program spending
$25
The DC sustainable energy utility (dcseu) is the only utility in the country that combines energy savings goals with social equity goals
26% of program spending · Reported in the filing: 90 jobs
$16
Veic provides national and international consulting services to utilities, businesses, government agencies, municipalities, and foundations
16% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR, FINANCE, DCSEU Angela Johnson
INTERIM MANAGING DIRECTOR, DCSEU Ben Burdick
DIRECTOR THROUGH SEP. 2024 Brandi Colander
CHIEF GROWTH AND IMPACT OFFICER Brian Kealoha
SECRETARY Cederick Anthony Pickett
DIRECTOR Dale Bryk

Officer compensation and complete director data available with membership.

Top Grant Purposes

Training & Professional Development
$218,175 1 grant
Environment & Conservation
$152,975 3 grants
General Support
$150,816 3 grants
Education
$100,000 2 grants
Housing & Homelessness
$45,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $130.9M $131.1M $53.4M
2023 $123.1M $121.0M $52.9M
2022 $108.7M $106.3M $52.0M
2020 $121.7M $117.0M $42.2M
2019 $99.0M $96.1M $26.9M

Between 2019 and 2024, reported annual revenue grew from $99.0M to $130.9M (+32%), with total assets most recently reported at $53.4M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for VERMONT ENERGY INVESTMENT CORPORATION

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