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← CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC

Form 990 for tax year 2023

Filed by CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC.

Totals

Total revenue
$15,258,264
Total expenses
$14,356,534
Contributions and grants received
$14,540,493
Grants paid
$4,525,719
Program service revenue
$46,154
Investment income
$559,741
Other revenue
$111,876
Total assets, end of year
$22,640,326
Total liabilities, end of year
$3,390,827
Net assets or fund balances, end of year
$19,249,499
Program services expenses (Part IX)
$13,003,564
Management and general expenses
$844,622
Fundraising expenses
$508,348
Program service expenses (Part III)
$13,003,564

Program services were 90.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,336,875

  • 1e · Government grants (contributions)

    $36,800

  • 1f · All other contributions, gifts and grants

    $13,166,818

  • 1g · Noncash contributions included above

    $3,021,708

  • 2a · Program service revenue: SPONSORSHIP

    total $46,154 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $578,974 · unrelated business $0 · excluded $578,974

  • 6a · Gross rents

    real property $84,984

  • 6c · Rental income or loss

    real property $84,984

  • 6d · Net rental income or loss

    total $84,984 · excluded $84,984

  • 7a · Gross sales of assets other than inventory

    securities $20,081,862

  • 7b · Less cost or other basis and sales expenses

    securities $20,101,095

  • 7c · Gain or loss

    securities -$19,233

  • 7d · Net gain or loss

    total -$19,233 · related or exempt $0 · unrelated business $0 · excluded -$19,233

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $26,892 · related or exempt $26,892 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $26,892

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $885,719 · program services $885,719

  • 3 · Grants to foreign organizations and individuals

    total $3,640,000 · program services $3,640,000

  • 5 · Compensation of officers, directors and key employees

    total $1,642,689 · program services $1,466,985 · management and general $156,817 · fundraising $18,887

  • 7 · Other salaries and wages

    total $3,053,396 · program services $2,524,693 · management and general $206,259 · fundraising $322,444

  • 8 · Pension plan contributions

    total $150,436 · program services $127,425 · management and general $12,678 · fundraising $10,333

  • 9 · Other employee benefits

    total $431,570 · program services $330,376 · management and general $46,453 · fundraising $54,741

  • 10 · Payroll taxes

    total $302,041 · program services $260,140 · management and general $26,155 · fundraising $15,746

  • 11c · Fees: accounting

    total $21,827 · program services $1,574 · management and general $20,158 · fundraising $95

  • 11g · Fees: other

    total $2,344,042 · program services $2,128,305 · management and general $213,122 · fundraising $2,615

  • 12 · Advertising and promotion

    total $111,872 · program services $92,065 · management and general $14,324 · fundraising $5,483

  • 13 · Office expenses

    total $31,130 · program services $26,180 · management and general $3,333 · fundraising $1,617

  • 14 · Information technology

    total $100,903 · program services $79,025 · management and general $14,103 · fundraising $7,775

  • 16 · Occupancy

    total $782,951 · program services $674,335 · management and general $67,798 · fundraising $40,818

  • 17 · Travel

    total $315,794 · program services $269,754 · management and general $27,588 · fundraising $18,452

  • 19 · Conferences, conventions and meetings

    total $311,561 · program services $288,664 · management and general $19,345 · fundraising $3,552

  • 22 · Depreciation, depletion and amortization

    total $27,514 · program services $23,697 · management and general $2,383 · fundraising $1,434

  • 23 · Insurance

    total $12,382 · program services $9,077 · management and general $2,756 · fundraising $549

  • 24a · Other expenses: SPONSORSHIPS AND CONTRIBUTIONS

    total $79,800 · program services $79,800 · management and general $0 · fundraising $0

  • 24b · Other expenses: DUES AND SUBSCRIPTIONS

    total $51,877 · program services $49,446 · management and general $1,584 · fundraising $847

  • 24c · Other expenses: OTHER EXPENSES

    total $42,998 · program services $32,225 · management and general $8,813 · fundraising $1,960

  • 24d · Other expenses: PRINTING AND REPRODUCTION

    total $14,393 · program services $12,733 · management and general $940 · fundraising $720

  • 24e · All other expenses

    total $1,639 · program services $1,346 · management and general $13 · fundraising $280

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,778,388 · end of year $689,555

  • 2 · Savings and temporary cash investments

    beginning of year $342,258 · end of year $3,048,251

  • 3 · Pledges and grants receivable

    beginning of year $3,965,757 · end of year $4,844,482

  • 4 · Accounts receivable

    beginning of year $788,624 · end of year $1,178,776

  • 9 · Prepaid expenses and deferred charges

    beginning of year $158,953 · end of year $271,495

  • 10a · Land, buildings and equipment: cost or other basis

    $155,436

  • 10b · Land, buildings and equipment: accumulated depreciation

    $114,942

  • 10c · Land, buildings and equipment, net

    beginning of year $64,944 · end of year $40,494

  • 11 · Investments: publicly traded securities

    beginning of year $10,846,386 · end of year $11,932,742

  • 15 · Other assets

    beginning of year $1,744,226 · end of year $634,531

  • 17 · Accounts payable and accrued expenses

    beginning of year $453,238 · end of year $1,576,121

  • 19 · Deferred revenue

    beginning of year $1,215,842 · end of year $1,293,221

  • 25 · Other liabilities

    beginning of year $1,687,495 · end of year $521,485

  • 27 · Net assets without donor restrictions

    beginning of year $3,185,383 · end of year $4,128,044

  • 28 · Net assets with donor restrictions

    beginning of year $15,147,578 · end of year $15,121,455

Mission and programs · 2023

Mission

THE NONPARTISAN CENTER FOR CLIMATE AND ENERGY SOLUTIONS WORKS TO SECURE A SAFE AND STABLE CLIMATE BY ACCELERATING THE GLOBAL TRANSITION TO NET-ZERO GREENHOUSE GAS EMISSIONS AND A THRIVING, JUST, AND RESILIENT ECONOMY. FOR OVER 25 YEARS, C2ES HAS FORGED INNOVATIVE SOLUTIONS TO ADDRESS CLIMATE AND ENERGY CHALLENGES. THROUGH OUR BUSINESS ENVIRONMENTAL LEADERSHIP COUNCIL, C2ES ENGAGES COMPANIES TO STRENGTHEN CORPORATE CLIMATE ACTION AND MOBILIZE BUSINESS SUPPORT FOR CLIMATE POLICIES.

Activities or mission (Part I)

THE NONPARTISAN CENTER FOR CLIMATE AND ENERGY SOLUTIONS WORKS TO SECURE A SAFE AND STABLE CLIMATE BY ACCELERATING THE GLOBAL TRANSITION TO NET-ZERO GREENHOUSE GAS EMISSIONS AND A THRIVING, JUST, AND RESILIENT ECONOMY.

  • POLICY AND OUTREACH: C2ES FOCUSED ON BUILDING DURABLE, BIPARTISAN SUPPORT FOR AMBITIOUS CLIMATE POLICIES, ENGAGING DOZENS OF LEADING COMPANIES ACROSS THE U.S. ECONOMY ON ISSUES INCLUDING FEDERAL PERMITTING REFORM AND THE DEVELOPMENT OF GUIDANCE FOR CLEAN ENERGY TAX CREDITS. WE LAUNCHED FOUR NEW TECHNOLOGY WORKING GROUPS THAT CONVENE ACTORS ACROSS THE INNOVATION ECOSYSTEM-CLIMATE TECH STARTUPS, FORTUNE 500 COMPANIES, INVESTORS, AND LENDERS-TO IDENTIFY AND ADDRESS BARRIERS TO SCALING UP CLIMATE TECHNOLOGIES CRITICAL TO REACHING NET ZERO, INCLUDING ENGINEERED CARBON REMOVAL, SUSTAINABLE AVIATION FUEL, LONG DURATION ENERGY STORAGE, AND CLEAN HYDROGEN. THE C2ES REGIONAL ROUNDTABLE INITIATIVE CONVENES STAKEHOLDERS FROM BUSINESS, GOVERNMENT, AND CIVIL SOCIETY IN COMMUNITIES ACROSS THE COUNTRY TO HIGHLIGHT THE SPECIFIC, PLACED-BASED ECONOMIC OPPORTUNITIES IN THE ADVANCED ENERGY FUTURE, AND BUILD SUPPORT FOR THE POLICIES AND INVESTMENTS NEEDED TO REALIZE THEM. OVER THE LAST YEAR, C2ES CONVENED ROUNDTABLES IN PENNSYLVANIA, FLORIDA, LOUISIANA, WYOMING, AND TEXAS.

    Expenses $3,016,331 · Grants $36,994 · Revenue $46,154

  • BUSINESS/RESILIENCE: C2ES CONTINUED OUR COLLABORATION WITH GOLD STANDARD AND CENTER FOR GREEN MARKET ACTIVATION AS SECRETARIAT FOR THE ADVANCED AND INDIRECT MITIGATION (AIM) PLATFORM, WHICH IS ESTABLISHING INNOVATIVE, HIGH-INTEGRITY APPROACHES TO HELP COMPANIES ACCOUNT FOR AND CLAIM INTERVENTIONS THAT REDUCE GHG EMISSIONS ACROSS THEIR VALUE CHAINS. C2ES ALSO SUBMITTED COMMENTS TO THE U.S. SECURITIES AND EXCHANGE COMMISSION ON CLIMATE- RELATED FINANCIAL RISK DISCLOSURE, FOCUSING ON PRESERVING WORKABILITY AND FLEXIBILITY FOR COMPANIES TO MAKE AMBITIOUS CLIMATE TARGETS. IN PARTNERSHIP WITH RESILIENCE FIRST, C2ES LAUNCHED THE CORPORATE CLIMATE RESILIENCE PATHWAYS INITIATIVE TO BUILD OUT A COMPREHENSIVE FRAMEWORK FOR COMPANIES TO STRENGTHEN CLIMATE RESILIENCE AND GROW AN ACTIVE CORPORATE COMMUNITY OF PRACTICE. C2ES LAUNCHED A REGIONAL CLIMATE RESILIENT COMMUNITIES ACCELERATOR IN COLORADOS NORTH FRONT RANGE, EXPLORING HOW COMMUNITY SPACES CAN PROVIDE RESILIENCE YEAR-ROUND AND DURING EMERGENCIES LIKE WILDFIRES AND EXTREME HEAT. THE ACCELERATORS DIVERSE SET OF PARTICIPANTS IDENTIFIED KEY ACTION AREAS TO ADVANCE RESILIENCE TO WILDFIRE AND HEAT.

    Expenses $2,634,849 · Grants $76,585

  • INTERNATIONAL AND CARBON MARKETS: TO SUPPORT THE ENVIRONMENTAL EFFECTIVENESS OF THE PARIS AGREEMENT ON CLIMATE CHANGE, C2ES PRODUCES EXPERT ANALYSIS AND FACILITATES REGULAR INFORMAL DIALOGUES AMONG KEY COUNTRIES. THIS YEAR, C2ES FOCUSED ON THE GLOBAL STOCKTAKE, THE REVIEW OF GLOBAL PROGRESS TOWARD PARIS GOALS THAT TOOK PLACE FOR THE FIRST TIME AT COP28 IN DUBAI. C2ES EFFORTS LEADING UP TO COP28 HELPED LEAD TO COLLECTIVE TARGETS TO TRIPLE RENEWABLE ENERGY, DOUBLE ENERGY EFFICIENCY, AND TRANSITION AWAY FROM FOSSIL FUELS, AMONG OTHER AGREEMENTS. C2ES ALSO CONTINUED TO SUPPORT THE ENERGY TRANSITION ACCELERATOR (ETA), AN INITIATIVE TO ACCELERATE A JUST CLEAN ENERGY TRANSITION IN EMERGING AND DEVELOPING ECONOMIES. C2ES WORKED WITH FOUNDING PARTNERS (THE U.S. DEPARTMENT OF STATE, BEZOS EARTH FUND, AND THE ROCKEFELLER FOUNDATION), THE WORLD BANK, AND WINROCK INTERNATIONAL TO DEVELOP A FRAMEWORK, ANNOUNCED AT COP28 AND SUPPORTED BY LEADING COMPANIES, FOR HOW INNOVATIVE HIGH-INTEGRITY ENERGY TRANSITION CREDITS COULD LEVERAGE TENS OF BILLIONS OF DOLLARS IN CLEAN ENERGY INVESTMENTS IN HOST COUNTRIES.

    Expenses $7,352,384 · Grants $4,491,940

As filed on the 2023 return.

Listed in Part VII

  • NATHANIEL KEOHANE

    PRESIDENT

    Total calculated
    $509,637
    From this org
    $476,973
    From related orgs
    $0
    Other
    $32,664
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $384,010
    Bonus
    $75,000
    Other
    $17,963
    Deferred
    $17,711
    Nontaxable benefits
    $14,953
    Filer's total
    $509,637

  • KAVEH GUILANPOUR

    VICE PRESIDENT FOR INTERNATIONAL STRATEGIES

    Total calculated
    $275,379
    From this org
    $259,875
    From related orgs
    $0
    Other
    $15,504
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $259,876
    Bonus
    $0
    Other
    $0
    Deferred
    $10,395
    Nontaxable benefits
    $5,109
    Filer's total
    $275,380

  • AMY MERRILL

    SENIOR DIRECTOR OF CARBON MARKETS

    Total calculated
    $217,423
    From this org
    $187,788
    From related orgs
    $0
    Other
    $29,635
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $187,788
    Bonus
    $0
    Other
    $0
    Deferred
    $15,927
    Nontaxable benefits
    $13,709
    Filer's total
    $217,424

  • BRADLEY TOWNSEND

    DIRECTOR OF STRATEGIC INITIATIVES

    Total calculated
    $207,664
    From this org
    $176,308
    From related orgs
    $0
    Other
    $31,356
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $176,308
    Bonus
    $0
    Other
    $0
    Deferred
    $8,350
    Nontaxable benefits
    $23,006
    Filer's total
    $207,664

  • VERENA RADULOVIC

    VICE PRESIDENT FOR BUSINESS ENGAGEMENT

    Total calculated
    $200,550
    From this org
    $185,015
    From related orgs
    $0
    Other
    $15,535
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $185,000
    Bonus
    $0
    Other
    $15
    Deferred
    $8,350
    Nontaxable benefits
    $7,185
    Filer's total
    $200,550

  • JOHN A GERLACH

    VICE PRESIDENT OF COMMUNICATIONS

    Total calculated
    $198,176
    From this org
    $176,225
    From related orgs
    $0
    Other
    $21,951
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $176,225
    Bonus
    $0
    Other
    $0
    Deferred
    $8,000
    Nontaxable benefits
    $13,951
    Filer's total
    $198,176

  • BRIAN KELLY

    CFO

    Total calculated
    $197,419
    From this org
    $188,443
    From related orgs
    $0
    Other
    $8,976
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $186,250
    Bonus
    $0
    Other
    $2,193
    Deferred
    $10,395
    Nontaxable benefits
    $14,953
    Filer's total
    $213,791

  • DOUGLAS VINE

    DIRECTOR OF ENERGY ANALYSIS

    Total calculated
    $157,062
    From this org
    $139,850
    From related orgs
    $0
    Other
    $17,212
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $139,850
    Bonus
    $0
    Other
    $0
    Deferred
    $6,327
    Nontaxable benefits
    $10,885
    Filer's total
    $157,062

  • AMY BAILEY

    DIRECTOR OF CLIMATE RESILIENCE AND SUSTAINABILITY

    Total calculated
    $148,736
    From this org
    $122,032
    From related orgs
    $0
    Other
    $26,704
    Hours/week
    37.5

  • JASON YE

    DIRECTOR OF U.S. POLICY AND OUTREACH

    Total calculated
    $140,485
    From this org
    $127,476
    From related orgs
    $0
    Other
    $13,009
    Hours/week
    37.5

  • ROSEMARIE LUTTENBERGER

    DIRECTOR OF ADVOCACY

    Total calculated
    $138,432
    From this org
    $127,933
    From related orgs
    $0
    Other
    $10,499
    Hours/week
    37.5

  • ANN KLEE

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LESLIE CAROTHERS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID HONE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROBERT LEARY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • FRANK LOY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ROGER MARTELLA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JIM MCGINNIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JANE PARK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MAUREEN RAYMO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • THEODORE ROOSEVELT IV

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN SCHMITZ

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • RICHARD THIGPEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JEFF WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
21 August 2025
IRS schema version
2023v6.0
Source object
202502339349300620

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