Electric & Gas Industries Association
Nonprofit profile at a glance
- EIN
- 941625217
- IRS 990 coverage
- 2010–2022
- Forms available
- Form 990 2022
- Location
- Sacramento, CA, USA
- Phone
- 9166095300
- Rating confidence
- Limited
Reported finances
- Revenue
- $15,952,750
- Expenses
- $17,423,159
- Assets
- $17,086,799
- Liabilities
- $10,704,860
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- BRUCE MATULICH (SECTRETARY/CEO)
- JASON HANSON (PRESIDENT)
- GARRETT HARWOOD (VICE PRESIDENT)
Highest reported compensation
- BRUCE MATULICH (SECTRETARY/CEO): $483,530 total reported compensation
- EDDIE JAVAID (CHIEF TECHNOLOGY OFFICER): $332,454 total reported compensation
- JOE CALABRESE LEFT 2022 (TREASURER/CFO): $328,025 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To advance energy efficiency and renewable energy solutions through a nationwide network of contractors, distributors, manufacturers and utility companies.
What it reported doing in 2022
Markets loan programs for finance companies and provides input on how to design the loan programs for maximum utilization by contractors.
Operating model
- Revenue model
- Other-operating. 97% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 73
- Accountability: 72
- Sustainability: 20
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 91.7%; rating input score 92; 24th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -9.2%; rating input score 13; 13th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.63; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 16.2%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 11.1% per year; rating input score 100; 78th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 11 of 12 board members independent · 4 of 9 filing controls reported
- Programs: 3 filed program accomplishments
- Leadership: top reported pay $484K · 21 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $721K reported
- Consistency: 13 of 13 current checks pass
- Schedules: 7 filed schedules · includes grants and executive pay
- Filing history: 12 filing years from 2010 to 2022
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 13/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.