Civic Intelligence

Dollar Energy Fund Inc

EIN 25-1442933 • 501(c)3 • Pittsburgh, PA

Profile

To improve the quality of life for households experiencing hardships by providing utility assistance and other services that lead to self-sufficiency.

317 East Carson St West Tower 106Pittsburgh, PA 15219

www.dollarenergy.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

42nd percentile

0.15x

Higher debt load relative to assets than 42% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Liabilities / Revenue

29th percentile

0.12x

Higher debt load relative to revenue than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Net Margin

58th percentile

7.4%

Higher net margin than 58% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Top Officer Pay

72nd percentile

$379,993

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2025

Asset Growth

50th percentile

5.2%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Revenue Growth

4th percentile

-46%

Faster revenue growth than 4% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2024 to 2025

Assets

Up

$35,308,444

Up $1,739,822 (+5.2%) from 2024

Liabilities

Down

$5,176,980

Down $1,726,527 (-25%) from 2024

Net Assets

Up

$30,131,464

Up $3,466,349 (+13%) from 2024

Revenue

Down

$41,790,965

Down $36,265,473 (-46%) from 2024

Expenses

Down

$38,689,963

Down $35,353,016 (-48%) from 2024

Net Income

Down

$3,101,002

Down $912,457 (-23%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $14,369,759Liabilities 2011: $674,074Net Assets 2011: $13,695,6852011Assets 2012: $13,023,763Liabilities 2012: $535,940Net Assets 2012: $12,487,8232012Assets 2013: $12,737,003Liabilities 2013: $719,214Net Assets 2013: $12,017,7892013Assets 2014: $12,746,514Liabilities 2014: $826,540Net Assets 2014: $11,919,9742014Assets 2015: $13,384,380Liabilities 2015: $803,415Net Assets 2015: $12,580,9652015Assets 2016: $12,006,468Liabilities 2016: $617,199Net Assets 2016: $11,389,2692016Assets 2017: $12,090,078Liabilities 2017: $345,582Net Assets 2017: $11,744,4962017Assets 2018: $14,220,253Liabilities 2018: $321,371Net Assets 2018: $13,898,8822018Assets 2019: $29,973,588Liabilities 2019: $379,538Net Assets 2019: $29,594,0502019Assets 2020: $36,466,034Liabilities 2020: $5,153,047Net Assets 2020: $31,312,9872020Assets 2021: $29,843,254Liabilities 2021: $4,407,421Net Assets 2021: $25,435,8332021Assets 2022: $29,721,352Liabilities 2022: $3,898,716Net Assets 2022: $25,822,6362022Assets 2023: $28,233,216Liabilities 2023: $6,347,048Net Assets 2023: $21,886,1682023Assets 2024: $33,568,622Liabilities 2024: $6,903,507Net Assets 2024: $26,665,1152024Assets 2025: $35,308,444Liabilities 2025: $5,176,980Net Assets 2025: $30,131,4642025

Highlighted filing

2025

Assets$35,308,444
Liabilities$5,176,980
Net Assets$30,131,464

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100M$50M$0-$50MExpenses 2011: $19,805,6982011Expenses 2012: $20,553,1992012Expenses 2013: $18,225,7592013Revenue 2014: $17,104,464Expenses 2014: $17,252,605Net Income 2014: -$148,1412014Revenue 2015: $18,024,902Expenses 2015: $17,302,875Net Income 2015: $722,0272015Revenue 2016: $16,357,502Expenses 2016: $17,592,893Net Income 2016: -$1,235,3912016Revenue 2017: $15,795,513Expenses 2017: $15,557,633Net Income 2017: $237,8802017Revenue 2018: $18,352,803Expenses 2018: $16,292,611Net Income 2018: $2,060,1922018Revenue 2019: $33,833,046Expenses 2019: $18,060,776Net Income 2019: $15,772,2702019Revenue 2020: $21,092,613Expenses 2020: $19,325,818Net Income 2020: $1,766,7952020Revenue 2021: $31,675,469Expenses 2021: $25,934,869Net Income 2021: $5,740,6002021Revenue 2022: $23,037,155Expenses 2022: $21,787,285Net Income 2022: $1,249,8702022Revenue 2023: $20,324,734Expenses 2023: $24,709,750Net Income 2023: -$4,385,0162023Revenue 2024: $78,056,438Expenses 2024: $74,042,979Net Income 2024: $4,013,4592024Revenue 2025: $41,790,965Expenses 2025: $38,689,963Net Income 2025: $3,101,0022025

Highlighted filing

2025

Revenue$41,790,965
Expenses$38,689,963
Net Income$3,101,002

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$35.3$5.18$30.1$41.8$38.7$3.10
2024Detailed filing. Detailed filing data is available for this year.$33.6$6.90$26.7$78.1$74.0$4.01
2023Detailed filing. Detailed filing data is available for this year.$28.2$6.35$21.9$20.3$24.7$4.39
2022Detailed filing. Detailed filing data is available for this year.$29.7$3.90$25.8$23.0$21.8$1.25
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.8$4.41$25.4$31.7$25.9$5.74
2020Detailed filing. Detailed filing data is available for this year.$36.5$5.15$31.3$21.1$19.3$1.77
2019Detailed filing. Detailed filing data is available for this year.$30.0$0.38$29.6$33.8$18.1$15.8
2018Detailed filing. Detailed filing data is available for this year.$14.2$0.32$13.9$18.4$16.3$2.06
2017Detailed filing. Detailed filing data is available for this year.$12.1$0.35$11.7$15.8$15.6$0.24
2016Detailed filing. Detailed filing data is available for this year.$12.0$0.62$11.4$16.4$17.6$1.24
2015Detailed filing. Detailed filing data is available for this year.$13.4$0.80$12.6$18.0$17.3$0.72
2014Detailed filing. Detailed filing data is available for this year.$12.7$0.83$11.9$17.1$17.3$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.7$0.72$12.0$18.2
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$0.54$12.5$20.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$0.67$13.7$19.8
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 21, 2026
Return Version
2024v5.5
Gross Receipts
$42,290,678
Mission and Program Overview

Mission

To work with utility companies to design and administer programs to help low-income utility customers while balancing the needs of both the customer and the utility.

To improve the quality of life for households experiencing hardships by providing utility assistance and other services that lead to self-sufficiency.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$11,543,357$15,111,648▲ $3,568,291
Investments in Publicly Traded Securities$5,437,190$6,436,146▲ $998,956
Accounts Receivable$1,658,093$3,124,874▲ $1,466,781
Pledges and Grants Receivable$2,411,583$1,905,807▼ $505,776
Cash and Non-Interest-Bearing Accounts$4,987,662$1,564,511▼ $3,423,151
Land, Buildings, and Equipment, Net$585,562$346,490▼ $239,072
Intangible Assets-$47,416-
Prepaid Expenses and Deferred Charges$18,632$4,649▼ $13,983
Total Assets$33,568,622$35,308,444▲ $1,739,822
Other Assets Total$6,926,543$6,766,903▼ $159,640
Liabilities
Other Liabilities$5,080,606$4,626,048▼ $454,558
Accounts Payable and Accrued Expenses$1,589,169$550,932▼ $1,038,237
Mortgage Notes Payable Secured by Investment Property$213,732--
Deferred Revenue$20,000--
Total Liabilities$6,903,507$5,176,980▼ $1,726,527
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,003,674$15,820,635▲ $1,816,961
Net Assets With Donor Restrictions$12,661,441$14,310,829▲ $1,649,388
Total Net Assets Fund Balance$26,665,115$30,131,464▲ $3,466,349
Total Liabilities and Net Assets / Fund Balance$33,568,622$35,308,444▲ $1,739,822

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$341,876$1,962,909$2,304,785
Equipment$4,614$1,426,366$1,430,980
Other Land Buildings$0$519,164$519,164
Other Assets Org$1,490,189--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Chad QuinnChief Executive OfficerFT$309,828$70,165$379,993
Sean SmilesChief Information OfficerFT$193,530$60,124$253,654
Dan CaponiChief Financial OfficerFT$182,194$62,887$245,081
Lisa StoebenerChief Human Resources OfficerFT$178,919$55,194$234,113
Alan MichaelChief Operating OfficerFT$162,308$31,197$193,505
Shahabuddin KaziCisco Voip EngineerFT$133,810$47,743$181,553
David BurkhartSystems Analyst IiiFT$137,064$9,467$146,531
Cecily MahoodControllerFT$103,460$31,417$134,877
Jennifer FerenceHuman Resources DirectorFT$100,082$19,549$119,631

Board Members and Trustees

NameTitle
Joseph OttPast President
Ronald GiulianelliPresident
Doug PapaVice President
Paul AtencioVice President
Ellen RossiDirector
John MarkwellDirector
KYLE O'CONNORDirector
Michael ZanicDirector
Paul WoodDirector
Rachel RomitoDirector
Reed NataliDirector
Valerie WielochDirector (until 5/25)
Elizabeth SaracenoDirector (until 6/25)
Amanda ColeSecretary
Nick MeddisTreasurer
Justin GoodUtility Company Representative
Revenue and Support

Revenue Composition

Contributions and Grants
$28,704,305
Program Service Revenue
$12,640,856
Investment Income
$556,662
Other Revenue
$-110,858
All Other Contributions
$27,834,575
Change in Net Assets
$3,101,002
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$23,842,187
Salaries, Compensation, and Employee Benefits$10,184,973
Other Expenses$4,662,803
Total Fundraising Expense$542,808
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$23,842,187--$23,842,187
Other Salaries and Wages$6,050,314$558,861$254,693$6,863,868
Current Officers, Directors, Trustees, and Key Employees$797,875$599,911$5,261$1,403,047
Other Employee Benefits$953,016$182,855$59,045$1,194,916
Information Technology$645,463$70,320$14,343$730,126
Occupancy$501,131$53,336$11,325$565,792
Payroll Taxes$372,047$69,571$18,463$460,081
Fees for Services Other$108,025$154,651$125,245$387,921
Pension Plan Contributions$226,408$20,972$15,681$263,061
Depreciation Depletion$220,380$13,710$4,982$239,072
Other Expenses$287,807$157,880$6,250$157,880
Fees for Services Accounting$36,206$73,264$780$110,250
Insurance$65,398$4,195$1,540$71,133
Fees for Service Investment Mgmnt Fees-$67,916-$67,916
Fees for Services Legal-$47,853-$47,853
Office Expenses$28,792$18,038$625$47,455
Travel$138$31,414-$31,552
Advertising-$1,931$24,575$26,506
Fees for Services Lobbying-$20,000-$20,000
Interest-$2,239-$2,239
All Other Expenses-$985-$985
Total Functional Expenses$35,778,513$2,368,642$542,808$38,689,963
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$203,990
Fundraising Gross Income$78,957
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Winter Warm-up Request-a-thon$145,256-$50,000-
Heat the Streets$187,692$18,962$2,981$15,981
Total Events$685,810$78,957$203,990$-125,033
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Advance$3,000,000
Operating Lease Liability$1,626,048
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The chief financial officer will review form 990 and provide the paid preparer with any questions or changes. The chief financial officer will also address questions provided by the paid preparer in conjunction with the initial review of form 990. After all the changes have been made, and questions answered, the chief financial officer will provide a copy of the form 990 to the dollar energy fund, inc. Audit committee, as well to the entire dollar energy fund, inc. Board of directors. A detailed review of form 990 is completed with the audit committee. The audit committee and board of directors are requried to review form 990 and provide changes or questions to the chief financial officer by an established deadline. Approval of form 990 is completed by the audit committee prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The chief executive officer and the board are sufficiently involved in the day-to-day operations and maintain the knowledge to identify and address any conflicts of interest that may arise.

Form 990, Part VI, Section B, Line 15

Compensation for the chief executive officer is set by the board of directors. Compensation for key employees is set by the chief executive officer and based on comparability data such as compensation levels paid by similar organizations and the availability of similar services in the greater pittsburgh area.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, form 990, and financial statements are all discussed and available upon request at the bi-monthly board meetings of dollar energy fund, inc., which are open to the public, or whenever an individual requests the information on site. The form 990 is available on dollar energy fund inc.'s website.

Filing and Contact Details

Filer

Filer Name
Dollar Energy Fund Inc
EIN
25-1442933
Phone
4124312800
Address
317 EAST CARSON ST WEST TOWER 106, PITTSBURGH, PA 15219

Signing Officer

Name
Daniel V Caponi
Title
Chief Financial Officer
Phone
4124312800
Signed
2026-01-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel V Caponi
Formed
1983
Legal Domicile
Pa
Voting Board Members
14
Independent Board Members
13
Employees
147
Volunteers
16

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
20 STANWIX STREET, PITTSBURGH, PA 15222
Preparer
Kelly a Brocious
Phone
4126976400
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The internal revenue service has determined dollar energy to be exempt from federal income taxes under section 501(c)(3) of the internal revenue code and further is classified as an organization which is not a private foundation. Further, dollar energy annually files a form 990 and form 990t as applicable. Management asserts that they have no uncertain tax positions requiring the establishment of a liability or disclosure on the consolidated financial statements.

Raw XML AppendixShowing 400 of 851 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO IMPROVE THE QUALITY OF LIFE FOR HOUSEHOLDS EXPERIENCING HARDSHIPS BY PROVIDING UTILITY ASSISTANCE AND OTHER SERVICES THAT LEAD TO SELF-SUFFICIENCY.
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IRS990/Desc0DOLLAR ENERGY FUND, INC. PROVIDES UTILITY ASSISTANCE GRANTS TO LOW-INCOME HOUSEHOLDS IN THE FORM OF UTILITY COMPANY CREDITS OR CASH GRANTS FOR ELECTRIC, GAS, WATER, SEWER, AND TELEPHONE UTILITIES. DOLLAR ENERGY FUND, INC.'S UTILITY ASSISTANCE PROGRAM PROVIDES UTILITY ASSISTANCE GRANTS IN THE EXACT AMOUNT NEEDED TO RESTORE SERVICE OR PREVENT TERMINATION OF SERVICE AND IS APPLIED DIRECTLY TO A CUSTOMER'S ACCOUNT. THROUGH CONNECTING UTILITY CUSTOMERS WITH PARTNERINGCOMMUNITY-BASED ORGANIZATIONS AT APPLICATION INTAKE, UTILITY CUSTOMERS ARE ALSO INTRODUCED TO ADDITIONAL RESOURCES THAT MAY BENEFIT THEIR HOUSEHOLDS. DURING FISCAL YEAR 2024-2025, DOLLAR ENERGY FUND, INC. PROVIDED GRANTS TO 81,700 HOUSEHOLDS.
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IRS990/Form990PartVIISectionAGrp/PersonNm1DOUG PAPA
IRS990/Form990PartVIISectionAGrp/PersonNm2PAUL ATENCIO
IRS990/Form990PartVIISectionAGrp/PersonNm3NICK MEDDIS
IRS990/Form990PartVIISectionAGrp/PersonNm4AMANDA COLE
IRS990/Form990PartVIISectionAGrp/PersonNm5JOSEPH OTT
IRS990/Form990PartVIISectionAGrp/PersonNm6JUSTIN GOOD
IRS990/Form990PartVIISectionAGrp/PersonNm7RACHEL ROMITO
IRS990/Form990PartVIISectionAGrp/PersonNm8JOHN MARKWELL
IRS990/Form990PartVIISectionAGrp/PersonNm9REED NATALI
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IRS990/Form990PartVIISectionAGrp/PersonNm15KYLE O'CONNOR
IRS990/Form990PartVIISectionAGrp/PersonNm16CHAD QUINN
IRS990/Form990PartVIISectionAGrp/PersonNm17SEAN SMILES
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IRS990/Form990PartVIISectionAGrp/PersonNm22DAVID BURKHART
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IRS990/Form990PartVIISectionAGrp/PersonNm24JENNIFER FERENCE
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6UTILITY COMPANY REPRESENTATIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR (UNTIL 6/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (UNTIL 5/25)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF INFORMATION OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt19CHIEF HUMAN RESOURCES OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHIEF OPERATING OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt21CISCO VOIP ENGINEER
IRS990/Form990PartVIISectionAGrp/TitleTxt22SYSTEMS ANALYST III
IRS990/Form990PartVIISectionAGrp/TitleTxt23CONTROLLER
IRS990/Form990PartVIISectionAGrp/TitleTxt24HUMAN RESOURCES DIRECTOR
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IRS990/OwnWebsiteInd0X
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