Elephant Energy Inc.
Elephant Energy Inc.
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About this organization
Mission
Elephant Energy's mission is to use the power of entrepreneurship to solve energy challenges in rural Africa.
About
Elephant Energy trains entrepreneurs in market centers in rural areas of Namibia, Africa to distribute clean energy technologies, such as solar-powered lights and cell phone chargers. Clean energy technologies save customers money, reduce dependence on dirty fuels like kerosene, help children read and adults work, and allow rural families to communicate outside of their villages, among other benefits. Elephant Energy's commission-based entrepreneurs model is ideal for reaching rural customers because the agent, being a part of the community, can readily provide products and information to customers; and the customers purchase the product from someone they know, facilitating a more trusting relationship and effective flow of information. Elephant Energy's distribution model also allows for on-going contact and after-sales service, which prolongs the life of each clean energy product. Entrepreneurs also generate income for their families from the products they sell, delivering additional value to their communities.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Our mission is to improve the quality of life in developing communities by pioneering ventures that provide access to sustainable energy technologies. our vision is light in every home, clean air in every kitchen, and power in every hand.”.
When detailing its duties, they were outlined as: “Elephant energy's mission is to use the power of entrepreneurship to solve energy challenges in rural africa.”.
- The non-profit's legally reported state of operation is CO.
- The filing states that the non-profit's address in the year 2020 is 1031 33rd Street, Denver, CO, 80205.
- The non-profit's form for the year 2020 reports a total of 2 employees on their payroll.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is -$180,764.
- The organization has 9 independent voting members.
- The organization was formed in 2008.
- The organization pays $187,883 in salary, compensation, and benefits to its employees.
- The organization pays $24,693 in fundraising expenses.
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