Energy Outreach Colorado
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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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
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.
