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Nonprofit · EIN 45-2177043

HEAT IS POWER

Tax-exempt · WASHINGTON, DC 20002

Financials

$96K$89K2023$116K$126K2024$124K$116K2025
Revenue Expenses · by fiscal year end
Financials of HEAT IS POWER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$123,922$115,871$8,051$65,739$0$65,739
December 31, 2024990-EZ$115,850$125,886-$10,036$57,688$0$57,688
December 31, 2023990-EZ$95,790$88,992$6,798$67,724$0$67,724
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Membership dues
$123,922
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$99,000
Salaries, compensation and benefits (total)
$0
Professional fees and payments to contractors
$114,424
Printing, publications and postage
$1,072
Other expenses
$375

Balance sheet and other

Total assets, start of year
$57,688
Total assets, end of year
$65,739
Total liabilities, end of year
$0
Net assets, end of year
$65,739
Cash, savings and investments
$65,739
Gross receipts
$123,922

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Cascade AssociatesExecutive Director15$99,000
John PrunklBoard Chair1$0
Janice TranBoard Vice Chair1$0
Mo KlefekerTreasurer & Board Member1$0
Jeff EarlBoard Member1$0
990-EZ for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Cascade AssociatesExecutive Director12$90,000
John PrunklBoard Chair1$0
Janice TranBoard Vice Chair1$0
Jay BrownSecretary1$0
Mo KlefekerTreasurer & Board Member1$0
Colin DuncanBoard Member1$0
Jeff EarlBoard Member1$0
990-EZ for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Cascade AssociatesExecutive Director12$90,000
John PrunklBoard Chair1$0
Janice TranBoard Vice Chair1$0
Jay BrownSecretary0.5$0
Mo KlefekerTreasurer & Board Member0.5$0
Colin DuncanBoard Member0.5$0
Kerry RohrmeierBoard Member0.5$0
Jeff EarlBoard Member0.5$0
Ilaria PerettiBoard Member0.5$0

Address and contacts

Address (IRS master file)
10 G ST NE STE 600, WASHINGTON, DC 20002-4253
In care of
% PRIMARY ENERGY
Mailing address (990-N for 2021)
2215 YORK RD, OAK BROOK IL 60523
Principal officer (990-N for 2021)
Mo Klefeker, 2215 YORK RD, OAK BROOK IL 60523
Signed the 990-EZ
John Prunkl, Board Chair
Phone
(202) 297-6037

Mission

The primary exempt purpose of the Heat is Power Association is to promote the common business interests and general education of the waste heat to power (WHP) industry.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • The Heat is Power Association (HiP) focused on promoting the common business interests of the waste heat to power (WHP) industry by educating policymakers and the public about the benefits of WHP, among other activities. Accomplishments include developing new educational materials on the benefits of WHP (publicly available on the HiP website) and holding general WHP education meetings with various officials at the U.S. Department of Energy and with the staff of over 30 U.S. Senators and Representatives.
  • The Heat is Power Association (HiP) focused on promoting the common business interests of the waste heat to power (WHP) industry by participating in and sharing information at forums and meetings with other clean energy groups, including the Clean Energy Business Network, among others.
  • The Heat is Power Association (HiP) focused on promoting the common business interests of the waste heat to power (WHP) industry by meeting with federal officials to discuss the implementation of key tax credits that incentivize/apply to certain WHP projects, among other activities. HiP held several meetings with officials at the U.S. Department of Energy and the U.S. Department of Treasury to discuss implementation of the clean electricity investment (Sec. 48E) and production (Sec. 45Y) tax credits. HiP commented on several regulatory rulemakings that have an outsize impact on the WHP industry.

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
45-2177043
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$65,739
Income (IRS master file)
$123,922

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$123,922$115,871$65,739IRS
990-EZDecember 2024$115,850$125,886$57,688IRS
990-EZDecember 2023$95,790$88,992$67,724XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Mo Klefeker
December 31, 2021≤ $50,000 receipts––e-Postcard
990-N for 2020
Officer: Patricia Sharkey
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: John Prunkl
December 31, 2019≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2177043).

Questions about HEAT IS POWER

What is the EIN of HEAT IS POWER?
The employer identification number (EIN) of HEAT IS POWER is 45-2177043.
Is HEAT IS POWER tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2011.
Are donations to HEAT IS POWER tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does HEAT IS POWER file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of HEAT IS POWER due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HEAT IS POWER last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who is the principal officer of HEAT IS POWER?
The 990-N for 2021 names Mo Klefeker.
Who are the officers and directors of HEAT IS POWER?
The 990-EZ for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $99,000 (Cascade Associates, Executive Director).
How much revenue does HEAT IS POWER have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $123,922, expenses of $115,871 and total assets of $65,739 at year end.

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