Skip to the page content
Your donations
Passes our checks

Association for Energy Affordability Inc

EIN 13-3374285 · Bronx, NY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthFair54 out of 100GovernanceStrong100 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

WE MAKE ENERGY EFFICIENCY AFFORDABLE IN NEW AND EXISTING BUILDINGS.

Income
$29.2 million
Spending
$28.8 million
Spent on programs
91%
Reserves
2.7 months of spending
Largest source of income
government grants, 53%
Employees
149
Volunteers
5
Highest pay
$282,900, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Fair: 54 out of 100.

  • Reserves

    10 of 35

    Spendable reserves would cover 2.7 months of spending.

  • Debt

    2 of 20

    It owes 76% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 6% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Strong: 100 out of 100.

  • Independent board

    25 of 25

    5 of 5 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (4)
  1. $10.3 million spent. AEA CALIFORNIA IMPLEMENTS ENERGY, EDUCATION AND TRAINING PROGRAMS AND RESEARCH AND DEMONSTRATION PROJECTS TO IMPROVE HOUSING AFFORDABILITY, HEALTH, SAFETY, AND COMFORT IN LOW-INCOME AND DISADVANTAGED COMMUNITIES WHILE ALLEVIATING ENERGY USE AND GREENHOUSE GAS EMISSIONS. OUR PROGRAM IMPLEMENTATIONS FACILITATE OVER A HUNDRED ENERGY RETROFIT PROJECTS IN MULTIFAMILY BUILDINGS ANNUALLY, BENEFITING MORE THAN SIX THOUSAND LOW-INCOME TENANTS. AEA CALIFORNIA'S LARGEST PROGRAM, THE LOW INCOME WEATHERIZATION PROGRAM, ADMINISTERED BY THE CALIFORNIA DEPARTMENT OF COMMUNITY SERVICES AND DEVELOPMENT, HAS DEPLOYED MORE THAN $49M IN INCENTIVES TO 12,746 LOW-INCOME MULTIFAMILY HOUSEHOLDS, WHICH SAVES 19,288,580 KILOWATT-HOURS, 1,345,297 THERMS, AND 13,256 METRIC TONS OF CO2E YEARLY.
  2. $9.6 million spent. WEATHERIZATION ASSISTANCE DIRECTLY PROVIDES WEATHERIZATION SERVICES TO LOW-INCOME COMMUNITIES AND SUPPORTS COMMUNITY-BASED ORGANIZATIONS THROUGH ENERGY AUDITS, TRAINING, AND TECHNICAL SERVICES IN NEW YORK. THE PROGRAM REACHED 322 UNITS IN 2024, CONSISTING OF SMALL HOMES AND MULTIFAMILY BUILDINGS.
  3. $5.1 million spent. MOST OTHER PROGRAMS INVOLVE UTILITY, TECHNICAL, AND NEW CONSTRUCTION WORK, AND THE BRONX AND BROOKLYN ENERGY HUB("HUB"). UTILITY INSTALLS LED LIGHTING, SHOWERHEADS, STEAM TRAPS, BATH AND KITCHEN AERATORS. THIS YEAR, 3,269 RESIDENCES WERE SERVED, AND 332,700 KILOWATT-HOURS AND 103,893 THERMS OF ENERGY WERE SALVAGED. TECHNICAL SERVICES PROVIDES CONSULTING AND SUPPORT SERVICES INCLUDING CONDUCTING ENERGY AUDITS, RETRO-COMMISSIONING AND REQUIRED ANALYSIS FOR NEW YORK CITY LOCAL LAW 87 AND LOCAL LAW 97, AND ELECTRIFICATION STUDIES. SERVICES INCLUDE ANALYSIS, DESIGN, AND BID DOCUMENTATION CREATION. THE TEAM PARTICIPATES IN MANY STATE AND UTILITY INCENTIVE PROGRAMS. ALL SERVICES ARE PRIMARY FOR LOW TO MODERATE INCOME RESIDENTIAL BUILDINGS, AIMING TO REDUCE ENERGY USAGE AND UTILITY COSTS.NEW CONSTRUCTION (AKA SUSTAINABLE BUILDING SERVICES "SBS") THE SBS DEPARTMENT PROVIDES SUSTAINABILITY CONSULTING SERVICES TO AFFORDABLE HOUSING DEVELOPERS IN SUPPORT OF ACHIEVING RECOGNIZED GREEN BUILDING CERTIFICATIONS, INCLUDING ENTERPRISE GREEN COMMUNITIES (EGC), EPA ENERGY STAR, LEED, AND PASSIVE HOUSE. SBS SUPPORTS PROJECT TEAMS THROUGHOUT ALL PHASES OF CERTIFICATION, FROM DESIGN THROUGH CONSTRUCTION, BY PERFORMING TECHNICAL DOCUMENT REVIEW, ENERGY MODELING, AND ON SITE INSPECTIONS. THE PROJECTS SUPPORTED BY SBS TYPICALLY ACHIEVE APPROXIMATELY 17.5 PERCENT ENERGY SAVINGS RELATIVE TO THE ASHRAE 90.1 STANDARDTHE BRONX AND BROOKLYN ENERGY HUB PROVIDES RESOURCES TO NEW YORKERS THAT HELP THEM REDUCE ENERGY USE AND INCREASE COMFORT. BACKED BY THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY (NYSERDA), THE PROGRAM PROVIDES SUPPORT TO ACCESS GRANTS, REBATES, INCENTIVES, EDUCATION, AND JOB TRAINING OPTIONS. IN 2024, THE PROGRAM CONNECTED 1,764 BROOKLYN AND BRONX RESIDENTS TO ENERGY EFFICIENCY SERVICES INCLUDING WORKFORCE TRAINING.
  4. $1.2 million spent. THE FEDERAL GOVERNMENT IMPLEMENTED THE AMERICAN RESCUE PLAN ACT IN 2022, WHICH SET ASIDE FUNDING FOR ELECTRIFICATION SERVICES, SUCH AS INSTALLING HEAT PUMPS, WATER HEATERS, MINI-SPLIT SYSTEMS, AND WINDOW REPLACEMENTS. AEA PERFORMED THESE SERVICES IN THE BRONX AND BROOKLYN, REACHING 238 UNITS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1994.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.