ILLINOIS SCIENCE AND ENERGY INNOVATION FOUNDATION
4809 N RAVENSWOOD AVE SUITE 415, CHICAGO, IL 60640 www.energyfoundry.com & www.iseif.org

Total Revenue
$6,678,751
Total Expenses
$6,013,549
Net Assets
$27,937,296

Organizations Filed Purposes: TO SUPPORT SOCIAL WELFARE AND ECONOMIC DEVELOPMENT BY PROVIDING FINANCIAL AND TECHNICAL SUPPORT FOR ENERGY CONCEPTS AND TO PROVIDE CONSUMER EDUCATION REGARDING SMART METERS AND RELATED TECHNOLOGIES AND SERVICES.

PURSUANT TO CHAPTER 220, SECTION 5/16-180.7(D) OF THE PUBLIC UTILITIES ACT OF ILLINOIS COMPILED STATUTES, IN 2012 THE FOUNDATION RECEIVED INITIAL FUNDING FROM TWO ILLINOIS UTILITY CORPORATIONS. FURTHER, THE FOUNDATION RECEIVES VARIOUS ADDITIONAL GRANTS AND/OR DONATIONS TO SUPPORT PROGRAMS AND RELATED EXPENSES. THE FUNDS WERE AND WILL BE EXPENDED TO PROVIDE FINANCIAL AND TECHNICAL SUPPORT AND ASSISTANCE TO ENTITIES FOR PROGRAMS AND PROJECTS THAT SUPPORT, ENCOURAGE OR UTILIZE INNOVATIVE TECHNOLOGIES OR OTHER METHODS THAT WILL BENEFIT THE PUBLIC BY PROMOTING ECONOMIC DEVELOPMENT IN ILLINOIS.

PURSUANT TO CHAPTER 220, SECTION 5/16-180.6(F) OF THE PUBLIC UTILITIES ACT OF ILLINOIS COMPILED STATUTES, PROVIDES FOR FUNDING FROM THE TWO UTILITY CORPORATIONS OF 5,000,000 PER YEAR BEGINNING IN 2012 AND CONTINUING FOR TEN YEARS. THE FUNDS WILL BE USED TO PROVIDE CONSUMER EDUCATION REGARDING SMART METERS AND RELATED TECHNOLOGIES AND SERVICES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Jason BlumbergEXECUTIVE DI49$235,843
Sara ChamberlainMANAGING DIR50$181,359
Robert GreenleeSECRETARY3.5$0
Brendan ReillyDIRECTOR1$0
Mark LaufenburgDIRECTOR1$0
Sharon HillmanDIRECTOR1$0
Mark HarrisDIRECTOR1$0
Michael CornicelliDIRECTOR1$0
Michelle BlaiseDIRECTOR1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033219349319898_public.xml