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Nonprofiteer
← CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC

Form 990 for tax year 2022

Filed by CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC.

Totals

Total revenue
$23,088,647
Total expenses
$8,382,929
Contributions and grants received
$22,076,847
Grants paid
$1,882,850
Program service revenue
$788,079
Investment income
$133,211
Other revenue
$90,510
Total assets, end of year
$21,689,536
Total liabilities, end of year
$3,356,575
Net assets or fund balances, end of year
$18,332,961
Program services expenses (Part IX)
$7,258,509
Management and general expenses
$954,934
Fundraising expenses
$169,486
Program service expenses (Part III)
$7,258,509

Program services were 86.6% 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

    $1,318,749

  • 1e · Government grants (contributions)

    $227,532

  • 1f · All other contributions, gifts and grants

    $20,530,566

  • 1g · Noncash contributions included above

    $8,011,250

  • 2a · Program service revenue: SPONSORSHIP

    total $788,079 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $176,600 · unrelated business $0 · excluded $176,600

  • 6a · Gross rents

    real property $81,822

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $81,822

  • 6d · Net rental income or loss

    total $81,822 · excluded $81,822

  • 7a · Gross sales of assets other than inventory

    securities $7,956,611

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

    securities $8,000,000

  • 7c · Gain or loss

    securities -$43,389

  • 7d · Net gain or loss

    total -$43,389 · related or exempt $0 · unrelated business $0 · excluded -$43,389

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $8,688 · related or exempt $8,688 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $8,688

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $117,850 · program services $117,850

  • 3 · Grants to foreign organizations and individuals

    total $1,765,000 · program services $1,765,000

  • 5 · Compensation of officers, directors and key employees

    total $1,249,913 · program services $912,530 · management and general $269,728 · fundraising $67,655

  • 7 · Other salaries and wages

    total $1,938,942 · program services $1,631,530 · management and general $257,443 · fundraising $49,969

  • 8 · Pension plan contributions

    total $90,030 · program services $78,199 · management and general $10,111 · fundraising $1,720

  • 9 · Other employee benefits

    total $268,006 · program services $205,285 · management and general $49,210 · fundraising $13,511

  • 10 · Payroll taxes

    total $203,014 · program services $166,390 · management and general $31,107 · fundraising $5,517

  • 11c · Fees: accounting

    total $9,725 · program services $1,824 · management and general $7,841 · fundraising $60

  • 11g · Fees: other

    total $967,109 · program services $810,435 · management and general $155,964 · fundraising $710

  • 12 · Advertising and promotion

    total $157,470 · program services $125,065 · management and general $29,937 · fundraising $2,468

  • 13 · Office expenses

    total $27,595 · program services $22,400 · management and general $4,549 · fundraising $646

  • 14 · Information technology

    total $69,089 · program services $52,404 · management and general $12,326 · fundraising $4,359

  • 16 · Occupancy

    total $377,773 · program services $309,652 · management and general $57,853 · fundraising $10,268

  • 17 · Travel

    total $189,466 · program services $162,753 · management and general $17,851 · fundraising $8,862

  • 19 · Conferences, conventions and meetings

    total $501,020 · program services $487,127 · management and general $13,282 · fundraising $611

  • 22 · Depreciation, depletion and amortization

    total $24,318 · program services $19,933 · management and general $3,724 · fundraising $661

  • 23 · Insurance

    total $9,954 · program services $969 · management and general $8,953 · fundraising $32

  • 24a · Other expenses: COST SHARING

    total $224,961 · program services $224,961 · management and general $0 · fundraising $0

  • 24b · Other expenses: OTHER EXPENSES

    total $66,357 · program services $43,921 · management and general $20,792 · fundraising $1,644

  • 24c · Other expenses: DUES AND SUBSCRIPTIONS

    total $52,101 · program services $49,124 · management and general $2,574 · fundraising $403

  • 24d · Other expenses: SPONSORSHIP

    total $39,546 · program services $39,546 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $33,690 · program services $31,611 · management and general $1,689 · fundraising $390

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $384,658 · end of year $3,778,388

  • 2 · Savings and temporary cash investments

    beginning of year $4,088,005 · end of year $342,258

  • 3 · Pledges and grants receivable

    beginning of year $122,184 · end of year $3,965,757

  • 4 · Accounts receivable

    beginning of year $437,019 · end of year $788,624

  • 9 · Prepaid expenses and deferred charges

    beginning of year $127,573 · end of year $158,953

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

    $153,427

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

    $88,483

  • 10c · Land, buildings and equipment, net

    beginning of year $72,543 · end of year $64,944

  • 11 · Investments: publicly traded securities

    beginning of year $13,405 · end of year $10,846,386

  • 15 · Other assets

    beginning of year $505,254 · end of year $1,744,226

  • 17 · Accounts payable and accrued expenses

    beginning of year $382,902 · end of year $453,238

  • 19 · Deferred revenue

    beginning of year $1,296,971 · end of year $1,215,842

  • 25 · Other liabilities

    beginning of year $437,177 · end of year $1,687,495

  • 27 · Net assets without donor restrictions

    beginning of year $2,486,283 · end of year $3,185,383

  • 28 · Net assets with donor restrictions

    beginning of year $1,147,308 · end of year $15,147,578

Mission and programs · 2022

Mission

THE 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. C2ES FORGES INNOVATIVE SOLUTIONS TO ADDRESS CLIMATE CHANGE AND ENGAGES LEADING BUSINESSES TO ACCELERATE CLIMATE PROGRESS. FOUNDED IN 1998 AS THE PEW CENTER ON GLOBAL CLIMATE CHANGE, C2ES IS KNOWN WORLDWIDE AS A THOUGHT LEADER AND TRUSTED CONVENER.

Activities or mission (Part I)

TO ADVANCE STRONG POLICY AND ACTION TO REDUCE GREENHOUSE GAS EMISSIONS, PROMOTE CLEAN ENERGY, AND STRENGTHEN RESILIENCE TO CLIMATE IMPACTS.

  • DOMESTIC POLICY: TO MEET THE U.S. TARGET TO CUT EMISSIONS 50-52% BY 2030, C2ES FACILITATED BUSINESS COALITIONS TO BUILD SUPPORT FOR STRONG CLIMATE POLICIES. AS POLICYMAKERS FORMULATED WHAT WOULD BECOME THE INFLATION REDUCTION ACT (IRA), C2ES ORGANIZED COMPANIES IN A CAMPAIGN TO REVIVE THE PACKAGE AND SUPPORT $369B IN CLIMATE INVESTMENTS. BUILDING ON IRA'S SUCCESS, C2ES WORKED WITH LEADING BUSINESSES TO DEVELOP REACHING FOR 2030, A SET OF POLICY RECOMMENDATIONS TO HELP THE U.S. REACH ITS 2030 TARGET, WHICH C2ES ANNOUNCED ON CAPITOL HILL WITH BUSINESSES AND BIPARTISAN MEMBERS OF CONGRESS. C2ES ALSO HOSTED REGIONAL ROUNDTABLES WITH LOCAL, STATE, AND FEDERAL STAKEHOLDERS IN SEVEN STATES TO BUILD GRASSTOPS SUPPORT FOR AMBITIOUS CLIMATE POLICY. WORKING WITH COMPANIES TO IDENTIFY CHALLENGES TO BROADER DEPLOYMENT, C2ES ENGAGED A RANGE OF STAKEHOLDERS, INCLUDING CORPORATE BUYERS, CLIMATE-TECH COMPANIES, AND POLICYMAKERS, TO PURSUE SOLUTIONS TO SCALE CLEAN ENERGY TECHNOLOGIES INCLUDING CARBON REMOVAL AND RENEWABLE SOURCES OF INDUSTRIAL HEAT.

    Expenses $1,942,257 · Revenue $788,079

  • INTERNATIONAL POLICY: TO PROMOTE THE ENVIRONMENTAL EFFECTIVENESS OF THE PARIS AGREEMENT, C2ES PRODUCES EXPERT ANALYSIS AND FACILITATES INFORMAL DIALOGUE AMONG KEY COUNTRIES, SUPPORTING PARIS-ALIGNED MITIGATION, ADAPTATION, AND FINANCE COMMITMENTS TO BOOST THE CHANCE OF MEETING THE 1.5 DEGREE C LIMIT BY 2100. C2ES'S EFFORTS LAID THE FOUNDATION FOR PROGRESS AT COP27 IN EGYPT, INCLUDING ADOPTION OF LOSS AND DAMAGE (L&D) FUNDING ARRANGEMENTS, AGREEMENTS ON A MITIGATION WORK PROGRAMME TO ENHANCE PRE-2030 AMBITION, AND OPERATIONALIZATION OF THE SANTIAGO NETWORK TO PROVIDE VULNERABLE COUNTRIES WITH TECHNICAL ASSISTANCE ON L&D. C2ES IS AT THE CENTER OF GLOBAL EFFORTS TO STRENGTHEN AND REFORM VOLUNTARY CARBON MARKETS. WE ARE A FOUNDING MEMBER OF THE INTEGRITY COUNCIL FOR THE VOLUNTARY CARBON MARKET, WHICH IS ESTABLISHING A THRESHOLD QUALITY STANDARD FOR CARBON CREDITS. C2ES ALSO SUPPORTS THE ENERGY TRANSITION ACCELERATOR, AN INITIATIVE ANNOUNCED AT COP27 BY THE U.S. GOVERNMENT, THE ROCKEFELLER FOUNDATION, AND BEZOS EARTH FUND TO CATALYZE PRIVATE CAPITAL TO HELP FUND THE JUST CLEAN ENERGY TRANSITION IN DEVELOPING COUNTRIES.

    Expenses $3,855,899 · Grants $1,882,850

  • ELEVATING OPPORTUNITIES FOR BUSINESS LEADERS TO ENGAGE: C2ES WORKS WITH COMPANIES- INCLUDING MEMBERS OF OUR BUSINESS ENVIRONMENTAL LEADERSHIP COUNCIL-TO EDUCATE BUSINESS LEADERS, STRENGTHEN CORPORATE CLIMATE ACTION, AND MOBILIZE BUSINESS SUPPORT FOR CLIMATE POLICIES. BUILDING ON PREVIOUS WORK, C2ES SUBMITTED COMMENTS TO THE SECURITIES AND EXCHANGE COMMISSION ON ITS PROPOSED RULE ON CLIMATE-RELATED FINANCIAL DISCLOSURES. IN MARCH OF 2023, C2ES PARTNERED TO LAUNCH THE AIM PLATFORM TO SUPPORT THE DEVELOPMENT OF INNOVATIVE APPROACHES TO HELP COMPANIES REDUCE EMISSIONS THROUGHOUT THEIR VALUE CHAINS. C2ES ALSO AGAIN CO-HOSTED THE CLIMATE LEADERSHIP CONFERENCE AND AWARDS IN WASHINGTON, DC. C2ES IS EMPLOYING THE INSIGHTS OF BUSINESS LEADERS TO STRENGTHEN THE ECONOMIC COMPETITIVENESS AND RESILIENCE OF THE COMMUNITIES WHERE THEY OPERATE. TWO NEW C2ES PAPERS, THE CLIMATE RESILIENCE-ECONOMY NEXUS AND AN EMERGING BLUEPRINT FOR COMPANIES, EXPLORED THE CONTRIBUTION OF BUSINESSES IN STRENGTHENING COMMUNITY RESILIENCE: 1) OUTLINING HOW CORPORATE RESOURCES, FUNDING, AND EXPERTISE MAKE A DIFFERENCE; AND 2) DETAILING HOW INCORPORATING ECONOMIC DEVELOPMENT CONSIDERATIONS INTO CLIMATE RESILIENCE-FOCUSED EFFORTS CAN UNLOCK NEW BENEFITS.

    Expenses $1,460,353

As filed on the 2022 return.

Listed in Part VII

  • Nathaniel Keohane

    PRESIDENT

    Total calculated
    $449,266
    From this org
    $420,880
    From related orgs
    $0
    Other
    $28,386
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $350,571
    Bonus
    $60,000
    Other
    $10,309
    Deferred
    $9,150
    Nontaxable benefits
    $19,236
    Filer's total
    $449,266

  • Kaveh Guilanpour

    VICE PRESIDENT FOR INTERNATIONAL STRATEGIES

    Total calculated
    $229,167
    From this org
    $220,353
    From related orgs
    $0
    Other
    $8,814
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $220,353
    Bonus
    $0
    Other
    $0
    Deferred
    $8,814
    Nontaxable benefits
    $0
    Filer's total
    $229,167

  • Bradley Townsend

    DIRECTOR OF STRATEGIC INITIATIVES

    Total calculated
    $181,390
    From this org
    $149,102
    From related orgs
    $0
    Other
    $32,288
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $146,758
    Bonus
    $0
    Other
    $2,344
    Deferred
    $6,347
    Nontaxable benefits
    $25,941
    Filer's total
    $181,390

  • John A Gerlach

    VICE PRESIDENT OF COMMUNICATIONS

    Total calculated
    $179,658
    From this org
    $156,732
    From related orgs
    $0
    Other
    $22,926
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $154,366
    Bonus
    $0
    Other
    $2,366
    Deferred
    $6,339
    Nontaxable benefits
    $16,587
    Filer's total
    $179,658

  • Verena Radulovic

    VICE PRESIDENT FOR BUSINESS ENGAGEMENT

    Total calculated
    $172,718
    From this org
    $158,381
    From related orgs
    $0
    Other
    $14,337
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $156,012
    Bonus
    $0
    Other
    $2,369
    Deferred
    $6,343
    Nontaxable benefits
    $7,994
    Filer's total
    $172,718

  • Brian Kelly

    CFO

    Total calculated
    $172,630
    From this org
    $165,434
    From related orgs
    $0
    Other
    $7,196
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $162,967
    Bonus
    $0
    Other
    $2,467
    Deferred
    $6,620
    Nontaxable benefits
    $576
    Filer's total
    $172,630

  • Amy Bailey

    DIRECTOR OF CLIMATE RESILIENCE AND SUSTAINABILITY

    Total calculated
    $142,718
    From this org
    $115,016
    From related orgs
    $0
    Other
    $27,702
    Hours/week
    37.5

  • Douglas Vine

    DIRECTOR OF ENERGY ANALYSIS

    Total calculated
    $137,513
    From this org
    $120,823
    From related orgs
    $0
    Other
    $16,690
    Hours/week
    37.5

  • James-Christopher Miller

    SENIOR MANAGER FOR FINANCE

    Total calculated
    $129,943
    From this org
    $113,276
    From related orgs
    $0
    Other
    $16,667
    Hours/week
    37.5

  • Martin Niland

    SENIOR COMMUNICATIONS MANAGER

    Total calculated
    $108,625
    From this org
    $103,987
    From related orgs
    $0
    Other
    $4,638
    Hours/week
    37.5

  • Theodore Roosevelt IV

    PART-YEAR CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Ann Klee

    PART-YEAR CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Leslie Carothers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Trammell Crow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Hone

    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

  • Maureen Raymo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • John Schmitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mike Twomey

    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
2022
Filed
27 June 2024
IRS schema version
2022v5.0
Source object
202431799349301123

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