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CHARITY REVIEW
Issued: June 2022 Expires: December 2024

Energy Outreach Colorado

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
303 E 17th Ave Ste 405
Denver, CO, 80203-1258

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Energy Outreach Colorado meets the 20 Standards for Charity Accountability.

Stated Purpose:
Energy Outreach Colorado leads a network of industry, state and local partners to Support, Stabilize and Sustain Coloradans to afford their energy needs.

Year, State Incorporated:
1989, CO

Energy Outreach Colorado (EOC) leads a network of industry, state, and local partners to Support, Stabilize and Sustain Coloradans to afford their energy needs. As a statewide non-profit, EOC raises funds to help low-income Coloradans afford their home energy so they can remain safe at home. Since their founding in 1989, EOC has invested more than $300 million in affordable energy programs and saved low-income community members millions of dollars through lowered energy use.

In Colorado, 1 in 4 households struggle to meet their basic household energy needs. This energy insecurity can mean reducing or going without food or medicine to pay utility bills, leaving homes at unhealthy temperatures, or even facing disconnection.

Energy Outreach Colorado partners with organizations and caring individuals across the state to protect the economic health and physical well-being of all Coloradans. Their work ensures that everyone can afford and access the energy that powers their homes. By tackling our community’s energy challenges through immediate and long-term relief, households can thrive.

Their approach is to provide services aimed at Supporting, Stabilizing and Sustaining families so families can thrive.

Support: Far too often low wage earners, the elderly, the disabled, veterans and families are unable to afford their home energy costs. They juggle their limited resources to pay rent, buy food and medications, and utility bills often come last in this list of necessities. When faced with a crisis like a utility shutoff or a broken furnace, EOC provides immediate Support through their programs to stop the crisis and help get people back on their feet.

Stabilize: Without a change to the systemic issues that exist preventing people from being able to afford their home energy costs, a crisis can reoccur. EOC provides energy solutions, like installing energy efficiency upgrades and weatherization in a home, that can reduce energy use. Costs are then reduced becoming more affordable and people can gain control of their energy costs. By stabilizing a household there is every chance that the residents will experience a reduction in energy poverty.

Sustain: Energy inequity is a national problem that continues to increase and impact households across nation. Energy costs must be implemented fairly for all households and EOC is committed to ensuring that everyone can afford and Sustain a home that is warm and with lights. Through our advocacy work, and by working with lawmakers and thought leaders, EOC believes that energy equity and fair energy charges can be achieved for households statewide.

For the year ended September 30, 2021, Energy Outreach Colorado's program expenses were:

EOC cash assistance program $12,789,726
Energy Solutions Grants $5,976,474
Weatherization assistance for low-income persons $5,358,906
Crisis Intervention Program $5,313,517
NEEP programs $2,668,606
Advocacy programs $727,225
Other programs $536,255
Central 70 $286,294
Low-income home energy assistance $100,432
Total Program Expenses $33,757,435

Chief Executive
Jennifer Gremmert, Executive Director

Chair of the Board
Mr. Moe Tabrizi, Director of Campus Sustainability, Retired

Chair's Profession / Business Affiliation
University of Colorado

Board Size
18

Paid Staff Size
37

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.), Solicitations for Used Cars

% of Related Contributions on Fundraising: 2.41%

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Energy Outreach Colorado's audited financial statements for the year ended September 30, 2021.

Source of Funds
Other government funding $17,955,768
Utility and corporate contributions $13,041,822
Investment return $3,019,907
Customer contributions $2,102,465
Owner participation $497,432
Unclaimed utility deposits and refunds $423,855
Foundation grants $312,724
Other income $150,027
Special event revenue, less direct benefits to donors of $75,326 $111,280
Unclaimed utility deposits and refunds passed through to LEAP $-423,855
Total Income $37,191,425

Programs: 95% Fundraising: 2% Administrative: 3%

Total Income $37,191,425
Total expenses: $35,699,193
  Program expenses $33,757,435
  Fundraising expenses $807,185
  Administrative expenses $1,134,573
  Other expenses $0
Income in Excess of Expenses $1,492,232
Beginning Net Assets $20,233,962
Other Changes In Net Assets $0
Ending Net Assets $21,726,194
Total Liabilities $3,072,091
Total Assets $24,798,285

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Great West - Pacific