Nuclear Energy Institute (NEI)

At-A-Glance

Issue Areas: Energy Policy
Founded:

1994

President and CEO:

Maria G. Korsnick

Location: Washington, DC View on map
Tax ID: 52-1209124
Most Recent Filing: 2024
Budget (2024): Assets: $99,165,506 Revenue: $59,363,463 Expenses: $57,505,562

Contents

    The Nuclear Energy Institute (NEI) is a trade association advocating for nuclear power on behalf of nuclear-industry interests. The Nuclear Energy Institute advocates nuclear power as an always available, zero emission source of electricity. NEI educates and advances that nuclear energy is a safe, reliable, and a clean power source that can provide jobs and infrastructure.

    History and Members

    The Nuclear Energy Institute was founded in 1994 with the merger of several nuclear-energy industry associations. 1 Nuclear Energy Institute members include companies that own or operate nuclear power plants, reactor designers, advanced technology companies, universities and research laboratories, consulting services and manufacturing companies, nuclear medicine and nuclear industrial applications, fuel suppliers, law firms, labor unions, and international electric utilities. 1 As of November 2022, NEI had 334 members. 2

    Positions

    The Nuclear Energy Institute promotes the benefits of nuclear power, advocates for pro-nuclear policies, and educates on the benefits of nuclear energy. 3 NEI seeks to inform the public on what nuclear energy is, how a reactor works, that nuclear fuel is used for electricity, what constitutes nuclear waste, safety, and the future of nuclear power. 4 The Nuclear Energy Institute advocates for nuclear energy as solution to de-carbonization, smarter regulations, and building new and preserving older nuclear plants, and promotes nuclear energy as a means of making the U.S. more competitive globally. 5

    As of 2021, the United States was the top nuclear energy producing country by production but did not rank in the top 15 in percent of total electricity produced. 6 NEI has stated that nuclear energy has the potential to provide more than 40 percent of U.S. electricity by 2050. 7

    NEI argues that nuclear power produces more carbon-free electricity than all other clean sources combined, contributes to the combatting of global warming, is essential to national defense through powering the military, can produce low-cost energy to poorer nations around the world, improves air quality, and produces new jobs and infrastructure. 8

    The Nuclear Energy Institute hosts a yearly “nuclear energy assembly” to bring together government leaders, industry, environmentalists, corporations, inventors, and others interested in nuclear energy. 9 NEI also conducts forums and events on nuclear matters such as used fuel, cybersecurity, national security and emergency preparedness, nuclear fuel supply, radiation protection, and other issues such as regulatory affairs and women in nuclear. 10

    The Nuclear Energy Institute provides resources and updates on nuclear plants in the war in Ukraine, reports and briefs, maps and statistics on the 92 nuclear reactors in the U.S., regulatory and legislative testimony, and letters and filings with government agencies. 11

    NGO Opposition to Nuclear Energy

    The Nuclear Energy Institute claims that nuclear power produces zero emissions and promotes it based on its availability regardless of environmental conditions of the wind or sun with windmills and solar power. 12 Author Robert Bryce found that non-governmental organization (NGO) groups were funding environmental groups and anti-hydrocarbon and anti-nuclear groups by more than a 4 to 1 margin. 13 Among the environmental anti-hydrocarbon and anti-nuclear NGOs, $4.5 billion was raised to oppose nuclear energy, prohibit the use of natural gas, halt construction of new hydrocarbon infrastructure, promote global warming concerns, and promote select renewable energy. 13

    Funding

    In 2018, the Nuclear Energy Institute had net assets of $3,561,925. 14 According to the organization’s tax returns, in 2018 NEI recorded $49,863,878 in revenue and $51,033,901 in expenses. 14 In 2017, the Nuclear Energy Institute raised $57,818,643 in revenue and $56,529,436 in expenses. 15

    Leadership

    Maria G. Korsnick has been president and CEO of the Nuclear Energy Institute since January 2017 after spending two years as chief operating officer at NEI from 2015 to 2016. 16 Korsnick was Northeast senior vice president for operations at Exelon Nuclear from 2014 to 2015. 16 Korsnick worked at Constellation Energy Nuclear Group as chief nuclear officer from 2010 to 2015, corporate vice president from 2007 to 2010, and as site vice president in Rochester, New York from 2007 to 2010. 16 Korsnick began her career at Constellation as an engineer in 1986. 17 She has a bachelor’s degree in nuclear/chemical engineering from the University of Maryland. 16

    Financial Statistics

    Total Assets

    Total Revenue

    Total Expenses

    YearTotal AssetsTotal RevenueTotal ExpensesFiling
    2024 $99,165,506 $59,363,463 $57,505,562 View
    2023 $96,168,880 $57,324,396 $51,895,421 View
    2022 $89,855,704 $52,030,460 $46,148,472 View
    2021 $71,880,895 $50,264,401 $41,412,753 View
    2020 $53,911,524 $47,589,819 $43,841,127 View

    Prior year filings: 2018, 2017, 2016, 2015, 2014, 2013, 2012, 2011

    Revenue Detail

    Employee Compensation

    • Number of Employees: 123

    Highest Earning Employees

    EmployeeTitleTotal Compensation
    Korsnick Maria GPRESIDENT & CEO$3,681,599
    True DouglasSVP & CHIEF NUCLEAR OFFICE$990,356
    Ginsberg EllenSVP & SECRETARY$839,724
    Kotek John FSENIOR VICE PRESIDENT$708,637
    Wentzel JohnVICE PRESIDENT$663,163
    Hultman ErinVP, CFO & TREASURER$658,098
    Flannigan MichaelVICE PRESIDENT$586,754
    Uhle JenniferVICE PRESIDENT$555,409
    Berrigan CarolEXECUTIVE DIRECTOR$469,689
    Rund JonathanDEPUTY GENERAL COUNSEL AND$445,708
    Mcintire John DEXECUTIVE DIRECTOR & CIO$440,308
    Bonanno JerryDEPUTY GENERAL COUNSEL$430,484
    Powers RobertSR. DIR. FED PROG$425,083

    Grant Activity

    All-time grants received statistics from Candid dataset:

    • Total Grant Value: $71,518
    • Number of Grants: 5
    • Number of Funders: 4

    Selection of highest value grants received from the last seven years:

    AmountYearFunderSubject
    $25,0002021 Nuclear Power Labor Management Cooperation Committee TrustSPONSORSHIP

    All-time grants given statistics from Candid dataset:

    • Total Grant Value: $21,903,865
    • Number of Grants: 258
    • Number of Recipients: 88

    Selection of highest value grants given from the last seven years:

    AmountYearFunderSubject
    $2,300,0002024 Nuclear MattersCONTRIBUTION
    $2,010,5002021 Nuclear MattersCONTRIBUTION
    $2,005,1692020 Nuclear MattersCONTRIBUTION
    $2,000,0002023 Nuclear MattersCONTRIBUTION
    $2,000,0002022 Nuclear MattersCONTRIBUTION
    $200,0002022 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsVOLUNTARY CONTRIBUTION TOWARDS THE #ATOMS4CLIMATE PAVILION AT COP27 IN SHARM EL SHEIKH, EGYPT
    $180,0002021 BIPARTISAN POLICY CENTER INCCONTRIBUTION
    $102,5002023 National Conference of State LegislaturesSPONSORSHIP
    $100,0002024 Third WayCONTRIBUTION
    $100,0002020 National Conference of State LegislaturesSPONSORSHIP
    $90,0002024 BIPARTISAN POLICY CENTER INCCONTRIBUTION
    $90,0002023 A N SCONTRIBUTION
    $90,0002022 BIPARTISAN POLICY CENTER INCCONTRIBUTION
    $90,0002020 BIPARTISAN POLICY CENTER INCCONTRIBUTION
    $61,3492023 Multiple EUROPE (INCLUDING ICELAND & GREENLAND) RecipientsVOLUNTARY CONTRIBUTION TOWARDS ACTIVITIES THAT FURTHER THE SUPPORT OF NEI'S MISSION
    $51,9002022 National Conference of State LegislaturesSPONSORSHIP
    $50,0002021 Foreign PolicySPONSORSHIP
    $50,0002020 Ford's Theatre SocietyCONTRIBUTION
    $50,0002022 Ncsl Foundation for State LegislaturesSPONSORSHIP
    $50,0002022 United Coalition for Advanced Nuclear PowerSPONSORSHIP
    $35,0002023 Conservative Climate Foundation IncSPONSORSHIP
    $35,0002023 National Association of Regulatory Utility CommissionersSPONSORSHIP
    $35,0002022 Conservative Climate Foundation IncSPONSORSHIP
    $34,8002020 The Aspen InstituteSPONSORSHIP
    $31,0002022 National Association of Regulatory Utility CommissionersSPONSORSHIP

    References

    1. “About NEI.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/about-nei.
    2. “Member Roster.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/www.nei.org/files/84/8429dd94-4c28-42d9-b630-94e8d9b17d3b.pdf.
    3. Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/home.
    4. “Fundamentals.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/fundamentals.
    5. “Advocacy.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/advocacy.
    6. “Top 15 Nuclear Generating Countries.” Nuclear Energy Institute. August 2022. Accessed March 17, 2023. https://www.nei.org/resources/statistics/top-15-nuclear-generating-countries.
    7. “NEI’s Maria Korsnick Charts ‘Sea of Change’ for Nuclear.” World Nuclear News. June 22, 2022. Accessed March 17, 2023. https://www.world-nuclear-news.org/Articles/Korsnick-charts-sea-change-for-nuclear.
    8. [1] “The Advantages of Nuclear Energy.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/advantages.
    9. “Nuclear Energy Assembly.” Nuclear Energy Institute. Accessed March 20, 2023. https://www.nei.org/conferences/nuclear-energy-assembly.
    10. “Conferences and Events.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/conferences.
    11. “Updates on the Situation in Ukraine.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/resources/ukraine; “U.S. Nuclear Plants.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/resources/fact-sheets/u-s-nuclear-plants; “Resources.” Nuclear Energy Institute. March 17, 2023. https://www.nei.org/resources.
    12. “Nuclear Energy: Just the Facts.” Nuclear Energy Institute. June 2021. Accessed March 20, 2023. https://www.nei.org/resources/fact-sheets/nuclear-energy-just-the-facts.
    13. Bryce, Robert. “The Anti-Industry Industry.” Substack. February 18, 2023. Accessed March 20, 2023. https://robertbryce.substack.com/p/the-anti-industry-industry.
    14. Nuclear Energy Institute, Return of a Nonprofit Corporation (Form 990), 2018.
    15. Nuclear Energy Institute, Return of a Nonprofit Corporation (Form 990), 2017.
    16. “Maria Korsnick.” LinkedIn. Accessed March 17, 2023. https://www.linkedin.com/in/maria-korsnick-136a64116/.
    17. “Maria Korsnick.” Nuclear Energy Institute. Accessed March 17, 2023. https://www.nei.org/about-nei/leadership/maria-korsnick.