AFFORDABLE ENERGY CORPORATION
150 SOUTH STATE STREET, LOUISVILLE, KY 40206 www.asapky.org

Total Revenue
$216,753
Total Expenses
$214,652
Net Assets
$45,376

Organizations Filed Purposes: TO FACILITATE AFFORDABLE GAS AND ELECTRIC SERVICE TO LOW-INCOME FAMILIES AND INDIVIDUALS IN THE LG&E SERVICE TERRITORY WITH THE PURPOSE OF IMPROVING HOUSEHOLD STABILITY.

AFFORDABLE ENERGY CORPORATION IS A 501C (3), A NON-PROFIT ORGANIZATION FOUNDED IN 1992 TO PROVIDE FINANCIAL ASSISTANCE TO LOW AND FIXED INCOME HOUSEHOLDS WITH HIGH UTILITY BILLS. AFFORDABLE ENERGY CORPORATION (AEC) IS GOVERNED BY A BOARD OF DIRECTORS THAT OPERATES ASAP: THE ALL SEASONS ASSURANCE PLAN. THIS PLAN PROVIDES A MONTHLY BENEFIT FOR LOW AND FIXED INCOME HOUSEHOLDS TO EASE THE BURDEN OF HIGH ENERGY COSTS. REDUCING UTILITY DISCONNECTS AND BROWN BILLS, REDUCING ARREARAGES AND UNCOLLECTIBLE ACCOUNTS, AND ENCOURAGING ENERGY CONSERVATION WILL STABILIZE HOUSEHOLDS BY MAKING THE ENERGY BILLS MORE AFFORDABLE. FUNDING IS PROVIDED THROUGH LOUISVILLE GAS AND ELECTRIC'S HOME ENERGY ASSISTANCE (HEA) OR MONTHLY PER METER CHARGE AND THE NUMBER OF PARTICIPANTS IS BASED UPON AVAILABLE FUNDING. FINANCIAL ASSISTANCE, CASE MANAGEMENT SERVICES, ENERGY CONSERVATION EDUCATION, AND WEATHERIZATION SERVICES ARE PROVIDED TO CLIENTS THROUGH THE ASAP PROGRAM USING VARIOUS LOCAL PROVIDERS. IN 2019, 2,562 LG&E CUSTOMERS WERE ENROLLED IN THE ASAP PROGRAM.

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Latasha DownsPROGRAM DIRE40$52,068
Wendell ThomasBOARD MEMBER1$0
Laura PerdueBOARD MEMBER1$0
Brandon O'NealBOARD MEMBER1$0
Cassandra MillerBOARD MEMBER1$0
Kiffany McafeeBOARD MEMBER1$0
Cathy HinkoBOARD MEMBER1$0
Carla CurrySECRETARY/TR2$0
Marlon CummingsVICE CHAIR1$0
Mary BryanCHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141459349300009_public.xml