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Renewable Energy Alaska Project

EIN 26-0484527 · Anchorage, AK

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

LegitimacyPassesRegistration and standingFinancial healthGood74 out of 100GovernanceStrong90 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO FACILITATE THE INCREASED DEVELOPMENT OF RENEWABLE ENERGY AND ENERGY EFFICIENCY IN ALASKA THROUGH COLLABORATION, EDUCATION, TRAINING, AND ADVOCACY.

Income
$2.0 million
Spending
$2.0 million
Spent on programs
86%
Reserves
4 months of spending
Largest source of income
government grants, 61%
Employees
16
Volunteers
22
Highest pay
$228,867, fmr exec dir

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

Good: 74 out of 100. Higher than 43% of charities in its peer group (environment, $1m to $10m).

  • Reserves

    20 of 35

    Spendable reserves would cover 4.0 months of spending.

  • Debt

    16 of 20

    It owes 19% of what it owns.

  • Living within its means

    8 of 15

    Spending exceeded income by 1% of income.

  • Income trend

    15 of 15

    Income rose 20% on the year before.

  • Spending floor

    15 of 15

    86% of spending went to programs and raising each dollar of donations cost 7 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: 90 out of 100. Higher than 42% of charities in its peer group (environment, $1m to $10m).

  • Independent board

    25 of 25

    21 of 21 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

    0 of 10

    Did not give 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 (5)
  1. $965,555 spent. PARTNERSHIPS AND COLLABORATION - REAP PULLS TOGETHER THE STATE'S ENERGY LEADERS, ALONG WITH EXPERTS FROM AROUND THE UNITED STATES AND WORLDWIDE TO COME UP WITH INNOVATIVE SOLUTIONS TO ALASKA'S GREATEST ENERGY ISSUES OF TODAY AND TOMORROW. THIS PROGRAM INCLUDES THE ALASKA NETWORK FOR ENERGY EDUCATION AND EMPLOYMENT, THE SUSTAINABLE SOUTHEAST PARTNERSHIP, COMMUNITY PROGRAMS GROUP, AND PUBLIC POLICY COMMITTEE WORK.
  2. $393,839 spent. ADVOCACY AND OUTREACH - THIS PROGRAM STRIVES TO REACH AND EDUCATE ALASKA'S ENERGY DECISION MAKERS ALONG WITH THE GENERAL PUBLIC TO PROMOTE ENERGY LITERACY AND ULTIMATELY LEAD TO INFORMED CHOICES ABOUT ALASKA'S ENERGY FUTURE. THIS PROGRAM INCLUDES ADVOCACY WORK RELATED TO RAILBELT GRID REFORM, ENERGY FINANCING, THE ENERGY SPEAKER SERIES AND PRESENTATIONS TO A WIDE VARIETY OF PUBLIC AND STAKEHOLDER GROUPS.
  3. $264,956 spent. STEM EDUCATION - THIS PROGRAM IS TO DIRECTLY REACH K-12 STUDENTS VIA CLASSROOM VISITS TO TEACH SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH TO IMPROVE ENERGY LITERACY AND HELP PREPARE STUDENTS FOR CAREERS IN ENERGY IN ALASKA. FURTHER EFFORTS INCLUDE TEACHER TRAINING, EXTRACURRICULAR CAMPS, COMPETITIONS, AND INDIVIDUALIZED PROGRAMS AND KITS. THIS PROGRAM INCLUDES WORKING WITH THE ALASKA HOUSING FINANCE CORPORATION TO ENACT THE AK ENERGY SMART CURRICULUM.
  4. $139,616 spent. OTHER PROGRAM EXPENSES - INITIATIVES TO LAY THE FOUNDATION FOR ALASKA'S CLEAN ENERGY FUTURE.
  5. OTHER PROGRAM EXPENSES - INITIATIVES TO LAY THE FOUNDATION FOR ALASKA'S CLEAN ENERGY FUTURE.

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 October 13, 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 October 13, 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 October 13, 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 October 13, 2026.

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

    Recognized by the IRS since May 2008.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 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 21, 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.