An Accountable Non-profit

People's Power & Light is the name that our nonprofit organization, Energy Consumers Alliance of New England, operates under in the state of Rhode Island. We file financial reports every year with both the federal Internal Revenue Service. You can see Foundation Finder’s posting of our latest Form 990 or Guidestar's posting about us.

We also submit reports to the Massachusetts Attorney General’s office.  You could look under “Energy Consumers Alliance of New England” or “Massachusetts Energy Consumers Alliance"-which is our name in Massachusetts (see www.massenergy.org)

Our green power program is regulated by the RI Public Utilities Commission and you can always see the content disclosure we send green power members quarterly, as well.

Donors to our Oil Bank program sometimes ask how much money we spend to families who need assistance. We spend all the money we collect from corporate, governmental and individual donations to our Rhode Island and Massachusetts Oil Bank programs in direct assistance.  In the fiscal year that ended on June 30, 2010, we spent about $141,000.  For this current fiscal year, which ends on June 30, 2011, we will probably spend about $218,000.  How much we spend in a year depends on the amount of donations we receive and how many referrals we get from agencies that provide publicly funded fuel assistance.  In some years, the public funding covers more of the need than in other years. In lean years, we tend to use more of our discretionary funds to cover the shortfall.

When we add the cost of staff time to administer the program, we lose a little money on the Oil Bank program, which we try and make up from our discretionary budget.