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Nonprofiteer
← CALIFORNIA CLEAN ENERGY FUND

Form 990 for tax year 2023

Filed by CALIFORNIA CLEAN ENERGY FUND.

Totals

Total revenue
$2,361,139
Total expenses
$2,632,295
Contributions and grants received
$2,038,839
Grants paid
$75,000
Program service revenue
$307,300
Investment income
$0
Other revenue
$15,000
Total assets, end of year
$4,305,450
Total liabilities, end of year
$1,904,608
Net assets or fund balances, end of year
$2,400,842
Program services expenses (Part IX)
$1,857,415
Management and general expenses
$774,880
Fundraising expenses
$0
Program service expenses (Part III)
$1,857,415

Program services were 70.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JONATHAN FOSTER

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    3 + 4 related

  • IAN ROGOFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3 + 4 related

  • JULIE BLUNDEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3 + 1 related

  • JANET DALZIELL

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    3

  • DANNY KENNEDY

    EXECUTIVE DIRECTOR

    Total calculated
    $260,390
    From this org
    $221,950
    From related orgs
    $0
    Other
    $38,440
    Hours/week
    20.2 + 19.76 related

    Schedule J breakdown matched by us

    Base
    $221,950
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $38,440
    Filer's total
    $260,390

  • CHRISTINA BORSUM

    CFO

    Total calculated
    $193,281
    From this org
    $183,695
    From related orgs
    $0
    Other
    $9,586
    Hours/week
    18.05 + 21.95 related

    Schedule J breakdown matched by us

    Base
    $183,695
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $9,586
    Filer's total
    $193,281

  • REBECCA LEE

    MANAGING DIRECTOR OF CA

    Total calculated
    $157,500
    From this org
    $157,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    33.37 + 6.62 related

    Schedule J breakdown matched by us

    Base
    $157,500
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $157,500

  • ELIZABETH ANDREWS

    CHIEF DEVELOPMENT OFFICER

    Total calculated
    $168,898
    From this org
    $160,483
    From related orgs
    $0
    Other
    $8,415
    Hours/week
    0 + 40.06 related

    Schedule J breakdown matched by us

    Base
    $160,483
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $8,415
    Filer's total
    $168,898

  • JOY LARSON

    PROGRAM DIRECTOR

    Total calculated
    $153,810
    From this org
    $146,314
    From related orgs
    $0
    Other
    $7,496
    Hours/week
    40.04

    Schedule J breakdown matched by us

    Base
    $146,314
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $7,496
    Filer's total
    $153,810

  • SARAH CHESTER

    DIRECTOR OF GRANTS MGMT

    Total calculated
    $132,294
    From this org
    $125,783
    From related orgs
    $0
    Other
    $6,511
    Hours/week
    40.08

  • GRACE NITAFAN

    CONTROLLER

    Total calculated
    $169,379
    From this org
    $155,722
    From related orgs
    $0
    Other
    $13,657
    Hours/week
    15.06 + 21.02 related

    Schedule J breakdown matched by us

    Base
    $155,722
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $13,657
    Filer's total
    $169,379

  • TRISTAN TREMSCHNIG

    COMMUNICATIONS DIRECTOR

    Total calculated
    $145,420
    From this org
    $138,496
    From related orgs
    $0
    Other
    $6,924
    Hours/week
    21.83 + 17.98 related

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 · Written employment contract
  • 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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CALCEF INNOVATIONS

    501(C)(3) · GROW CLEAN ENERGY MARKETS AND ACCELERATE EQUITABLE CLEAN ENERGY ADOPTION · CA · controlled entity

    Directly controlled by CALIFORNIA CLEAN ENERGY FUND

  • CALCEF CATALYST

    501(C)(6) · PROMOTE CLEAN ENERGY IN CALIFORNIA AND DEVELOP PRIVATE SECTOR LEADERSHIP · CA · controlled entity

    Directly controlled by CALIFORNIA CLEAN ENERGY FUND

  • NEW ENERGY NEXUS ENVENTURE

    501(C)(3) · SUPPORT SOCIAL ENTERPRISES ENGAGED IN THE DISTRIBUTION OF CLEAN ENERGY PRODU · CA · controlled entity

    Directly controlled by CALCEF INNOVATIONS

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • NEW ENERGY NEXUS SHANGHAI LTD

    C · BUSINESS CONSULTING FOR RENEWABLE ENERGY · CH

    Directly controlled by CALCEF INNOVATIONS

  • NEW ENERGY NEXUS VENTURES PTE LTD

    C · INVESTMENT MANAGEMENT COMPANY · SN

    Directly controlled by CALCEF INNOVATIONS

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202443209349327934

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