IRS 990 Nonprofit Profile

Vermont Energy Investment Corporation

Overview

VEIC helps energy leaders nationwide meet their clean energy goals. As a nonprofit organization, we work in the service of people and planet, designing innovative and holistic solutions that grow local economies, improve public health, and strengthen communities. Decarbonization support Helping partners shift from efficiency to comprehensive carbon reduction. VEIC helps clients transform promising ideas into proven clean energy solutions fit for broad adoption. Through hands-on testing of program designs, new technologies, and policies, we uncover practical ways to overcome the barriers to decarbonization. Whether you’re updating infrastructure for electrification, retrofitting existing systems, or integrating benefits like health and resilience, our team’s efforts deliver not just proof of what works, but a clear path forward for scaling to greatest effect. Our approach emphasizes...

Decarbonization support Helping partners shift from efficiency to comprehensive carbon reduction. VEIC helps clients transform promising ideas into proven clean energy solutions fit for broad adoption. Through hands-on testing of program designs, new technologies, and policies, we uncover practical ways to overcome the barriers to decarbonization. Whether you’re updating infrastructure for electrification, retrofitting existing systems, or integrating benefits like health and resilience, our team’s efforts deliver not just proof of what works, but a clear path forward for scaling to greatest effect. Our approach emphasizes learning. Deep value lies in understanding what works, under what conditions, and why. This insight comes from careful monitoring, rigorous evaluation, and the flexibi.

Sector
Environment and Animals
Faith identity / affiliation
{'basis': [], 'value': None, 'evidence': [], 'confidence': 0.05, 'serves_all_regardless_of_religion': None}
Official website
https://WWW.VEIC.ORG
Public contact
{'value': None, 'evidence': [], 'confidence': 0.1} · [email protected]

Clean EnergyEnergy EfficiencyDecarbonization ProgramsEnergy Efficiency & Decarbonization Program Design & Implementation

Programs and Current Appeals

  • Program Solutions

    Supports states, municipalities, utilities, and organizations during energy efficiency and decarbonization program stages including program design, implementation, and technical assistance.

    Energy Efficiency & Decarbonization Program Design & Implementation · United States · Ongoing

Places of Operation

Public sources identify operations or appeals in 1 place.

United States

Official Sources and Evidence

This profile summarizes 12 official source pages and 72 evidence items alongside IRS Form 990 data.

Financials

Filing year
2024
Total revenue
$130.9M
Total expenses
$131.1M
Total assets
$53.4M
Program expenses
$124.5M
Administration
$6.6M
Fundraising
$0
Program share of expenses
95%
EIN
30304418
Sector
Environment and Animals
Location
Winooski, VT

Leadership and Compensation

Rebecca Foster - Chief Executive Officer
$413K
Katherine Meyers - Chief Financial Officer
$289K
Lisa Harris - Chief People Officer
$289K
Pierre Van Der Merwe - Chief Technology Officer
$283K
Louis Hutchinson - COO Through Nov. 2024
$271K
Brian Kealoha - Chief Growth And Impact Officer
$261K
Matthew Dooley - Man. Dir., En Serv/int. COO A/o Nov
$256K
Angela Johnson - Director, Finance, Dcseu
$223K
Peter Walke - Managing Director, Efficiency Vt
$205K
Ben Burdick - Interim Managing Director, Dcseu
$201K

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
11
Independent members
11

Grants

Grants to U.S. organizations and individuals
$8.5M

WWW.VEIC.ORG

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Financial data on this page is sourced from IRS Form 990 filings.