Illinois IBEW Renewable Energy Fund Inc.

The Illinois IBEW Renewable Energy Fund Inc. is a U.S. nonprofit organization dedicated to promoting the safe, productive, and sustainable growth of renewable energy systems in Illinois.

Mission and Activities

The organization's mission involves fostering renewable energy development through community partnerships, stakeholder engagement, and educational services. Key initiatives include developing apprenticeship programs aimed at empowering the next generation of electricians and renewable energy workers. In partnership with organizations like ComEd, the Illinois IBEW Renewable Energy Fund has established a Craft Apprenticeship Program. This program enables partner institutions, such as community colleges and schools, to provide specialized job training, which can lead to participation in IBEW apprenticeships across Illinois[4].

Educational and Training Initiatives

The fund facilitates trainings for various stakeholders in the renewable energy industry. These trainings are designed for electrical and building inspectors, elected officials, firefighters and first responders, contractors, developers, educators, and the general public. This broad approach aims to educate and engage all relevant parties in the development and safe deployment of renewable energy systems[4].

Financial Overview

The Illinois IBEW Renewable Energy Fund is primarily funded by contributions. As of recent financial filings, the organization reported significant assets and minimal liabilities, highlighting its financial stability[2].

Tax Exempt Status

The organization is registered as a tax-exempt entity since May 2018 and is classified under the category of Human Services—Multipurpose and Other Human Service Organizations. Donations to the Illinois IBEW Renewable Energy Fund are tax deductible[2].