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Nonprofiteer
← CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC

Form 990 for tax year 2024

Filed by CENTER FOR CLIMATE AND ENERGY SOLUTIONS INC.

Totals

Total revenue
$18,710,584
Total expenses
$20,611,639
Contributions and grants received
$17,662,436
Grants paid
$8,455,150
Program service revenue
$207,846
Investment income
$668,080
Other revenue
$172,222
Total assets, end of year
$29,688,298
Total liabilities, end of year
$12,339,854
Net assets or fund balances, end of year
$17,348,444
Program services expenses (Part IX)
$18,385,750
Management and general expenses
$1,893,396
Fundraising expenses
$332,493
Program service expenses (Part III)
$18,385,750

Program services were 89.2% 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

    $1,408,125

  • 1e · Government grants (contributions)

    $35,596

  • 1f · All other contributions, gifts and grants

    $16,218,715

  • 1g · Noncash contributions included above

    $4,134,455

  • 2a · Program service revenue: SPONSORSHIP

    total $207,846 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $572,440 · unrelated business $0 · excluded $572,440

  • 6a · Gross rents

    real property $28,877

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $28,877

  • 6d · Net rental income or loss

    total $28,877 · excluded $28,877

  • 7a · Gross sales of assets other than inventory

    securities $29,898,296

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

    securities $29,802,656

  • 7c · Gain or loss

    securities $95,640

  • 7d · Net gain or loss

    total $95,640 · related or exempt $0 · unrelated business $0 · excluded $95,640

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $143,345 · related or exempt $143,345 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $143,345

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $6,978,950 · program services $6,978,950

  • 3 · Grants to foreign organizations and individuals

    total $1,476,200 · program services $1,476,200

  • 5 · Compensation of officers, directors and key employees

    total $2,191,518 · program services $1,711,768 · management and general $407,908 · fundraising $71,842

  • 7 · Other salaries and wages

    total $4,513,499 · program services $3,626,150 · management and general $718,864 · fundraising $168,485

  • 8 · Pension plan contributions

    total $218,769 · program services $181,744 · management and general $26,435 · fundraising $10,590

  • 9 · Other employee benefits

    total $437,872 · program services $301,166 · management and general $112,692 · fundraising $24,014

  • 10 · Payroll taxes

    total $477,735 · program services $389,959 · management and general $75,021 · fundraising $12,755

  • 11c · Fees: accounting

    total $35,962 · program services $7,071 · management and general $28,660 · fundraising $231

  • 11g · Fees: other

    total $2,299,212 · program services $2,079,759 · management and general $215,406 · fundraising $4,047

  • 12 · Advertising and promotion

    total $168,276 · program services $139,063 · management and general $25,251 · fundraising $3,962

  • 13 · Office expenses

    total $32,968 · program services $25,793 · management and general $6,315 · fundraising $860

  • 14 · Information technology

    total $182,001 · program services $136,758 · management and general $40,880 · fundraising $4,363

  • 16 · Occupancy

    total $468,717 · program services $382,598 · management and general $65,567 · fundraising $20,552

  • 17 · Travel

    total $489,952 · program services $421,989 · management and general $64,201 · fundraising $3,762

  • 19 · Conferences, conventions and meetings

    total $364,351 · program services $314,651 · management and general $47,799 · fundraising $1,901

  • 22 · Depreciation, depletion and amortization

    total $58,294 · program services $47,584 · management and general $8,154 · fundraising $2,556

  • 23 · Insurance

    total $11,859 · program services $9,204 · management and general $2,354 · fundraising $301

  • 24a · Other expenses: DUES AND SUBSCRIPTIONS

    total $68,788 · program services $67,478 · management and general $1,236 · fundraising $74

  • 24b · Other expenses: PRINTING AND REPRODUCTION

    total $49,194 · program services $41,220 · management and general $6,052 · fundraising $1,922

  • 24c · Other expenses: OTHER EXPENSES

    total $44,015 · program services $3,869 · management and general $40,071 · fundraising $75

  • 24d · Other expenses: SPONSORSHIPS AND CONTRIBUTIONS

    total $41,740 · program services $41,740 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $1,767 · program services $1,036 · management and general $530 · fundraising $201

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $689,555 · end of year $4,355,534

  • 2 · Savings and temporary cash investments

    beginning of year $3,048,251 · end of year $5,401,394

  • 3 · Pledges and grants receivable

    beginning of year $4,844,482 · end of year $4,336,074

  • 4 · Accounts receivable

    beginning of year $1,178,776 · end of year $1,557,712

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $1,483,954

  • 9 · Prepaid expenses and deferred charges

    beginning of year $271,495 · end of year $206,982

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

    $715,824

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

    $77,518

  • 10c · Land, buildings and equipment, net

    beginning of year $40,494 · end of year $638,306

  • 11 · Investments: publicly traded securities

    beginning of year $11,932,742 · end of year $5,031,598

  • 15 · Other assets

    beginning of year $634,531 · end of year $6,676,744

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,576,121 · end of year $1,038,119

  • 18 · Grants payable

    beginning of year $0 · end of year $3,088,100

  • 19 · Deferred revenue

    beginning of year $1,293,221 · end of year $1,400,393

  • 25 · Other liabilities

    beginning of year $521,485 · end of year $6,813,242

  • 27 · Net assets without donor restrictions

    beginning of year $4,128,044 · end of year $8,191,372

  • 28 · Net assets with donor restrictions

    beginning of year $15,121,455 · end of year $9,157,072

Mission and programs · 2024

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. C2ES ENGAGES OUR BUSINESS COUNCIL AND OTHER BUSINESS NETWORKS TO STRENGTHEN CORPORATE CLIMATE ACTION AND MOBILIZE BUSINESS SUPPORT FOR CLIMATE POLICIES.

Activities or mission (Part I)

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.

  • US POLICY AND OUTREACH: C2ES BUILDS DURABLE, BIPARTISAN SUPPORT FOR AMBITIOUS CLIMATE AND ENERGY POLICIES, ENGAGING LEADING COMPANIES ACROSS THE U.S. ECONOMY TO EDUCATE POLICYMAKERS ON ISSUES INCLUDING FEDERAL PERMITTING REFORM, CLEAN ENERGY TAX CREDITS, AND CLIMATE-ALIGNED TRADE POLICIES. OUR RECOMMENDATIONS STRENGTHENED THE ENVIRONMENTAL INTEGRITY AND EMISSIONS REDUCTION POTENTIAL OF CLEAN ELECTRICITY TAX CREDITS UNDER THE INFLATION REDUCTION ACT. WE CONVENED 130 COMPANIES IN OUR TECHNOLOGY WORKING GROUPS, LEADING TO 4 POLICY BRIEFS AND 18 POLICY RECOMMENDATIONS TO SUPPORT CLEAN TECHNOLOGY INNOVATION. A C2ES REGIONAL ROUNDTABLE IN VIRGINIA, ONE OF 4 DURING THE YEAR, INSPIRED THE INTRODUCTION OF LEGISLATION TO MORE THAN TRIPLE THE AMOUNT OF LDES CAPACITY UTILITIES ARE REQUIRED TO SUPPLY.

    Expenses $4,595,857 · Grants $419,000 · Revenue $10,000

  • BUSINESS ENGAGEMENT AND RESILIENCE: C2ES LED NEW RESEARCH ON EXISTING GUIDANCE AND THE VIEWS OF REGULATORS AND NGOS ON CREDIBLE TRANSITION PLANS, INCLUDING DEVELOPING A TRANSITION PLAN INDEX THAT DISTILLS BEST PRACTICES TO HELP COMPANIES CREATE, IMPLEMENT AND DISCLOSE ROBUST NET-ZERO TRANSITION PLANS ALIGNED WITH THE PARIS AGREEMENT. C2ES CONVENES BUSINESSES AND OTHER STAKEHOLDERS TO HELP COMMUNITIES ADAPT TO CLIMATE CHANGE THROUGH OUR CLIMATE RESILIENT COMMUNITIES ACCELERATOR. WE COMPLETED A SUCCESSFUL PILOT IN COLORADO IDENTIFYING HOW TO BUILD RESILIENCE TO WILDFIRES AND HEAT. THROUGH OUR CORPORATE CLIMATE RESILIENCE PATHWAYS INITIATIVE, WE HELPED STAND UP A COMMUNITY OF PRACTICE THAT WILL HELP COMPANIES ADVANCE CLIMATE RESILIENCE AND ADAPTATION ACROSS THEIR OPERATIONS, VALUE CHAINS, AND COMMUNITIES.

    Expenses $8,708,877 · Grants $6,384,950 · Revenue $197,846

  • INTERNATIONAL AND CARBON MARKETS: C2ES SUPPORTS THE ENVIRONMENTAL EFFECTIVENESS AND SUCCESSFUL IMPLEMENTATION OF THE PARIS AGREEMENT, INCLUDING CONVENING REGULAR MEETINGS OF SENIOR CLIMATE NEGOTIATORS TO PROVIDE EXPERT ANALYSIS AND A TRUSTED FORUM FOR DISCUSSION. AT COP29 WE SUPPORTED THE PARTIES IN ADOPTING A NEW CLIMATE FINANCE GOAL, INCLUDING DEVELOPED COUNTRIES PLEDGES TO MOBILIZE AT LEAST $300 BILLION PER YEAR BY 2035 FOR CLIMATE ACTION IN DEVELOPING COUNTRIES AND THE LAUNCH OF AN EFFORT TO SCALE UP PUBLIC AND PRIVATE CLIMATE FINANCE TO $1.3 TRILLION. GUIDANCE NEEDED TO OPERATIONALIZE CARBON MARKETS UNDER ARTICLE 6 OF THE PARIS AGREEMENT WAS ALSO FINALIZED. C2ES ALSO SERVED AS SECRETARIAT OF THE ENERGY TRANSITION ACCELERATOR (ETA), AN EFFORT TO CATALYZE CARBON FINANCE TO SPEED THE JUST CLEAN ENERGY TRANSITION IN EMERGING AND DEVELOPING ECONOMIES.

    Expenses $5,081,016 · Grants $1,651,200

As filed on the 2024 return.

Listed in Part VII

  • Nathaniel Keohane

    PRESIDENT

    Total calculated
    $550,668
    From this org
    $529,164
    From related orgs
    $0
    Other
    $21,504
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $407,038
    Bonus
    $100,000
    Other
    $22,126
    Deferred
    $18,398
    Nontaxable benefits
    $3,105
    Filer's total
    $550,667

  • Kaveh Guilanpour

    VP FOR INTERNATIONAL STRATEGIES

    Total calculated
    $300,330
    From this org
    $283,567
    From related orgs
    $0
    Other
    $16,763
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $279,000
    Bonus
    $0
    Other
    $4,567
    Deferred
    $13,950
    Nontaxable benefits
    $2,813
    Filer's total
    $300,330

  • Elizabeth North

    VP FOR STRATEGY AND DEVELOPMENT

    Total calculated
    $292,100
    From this org
    $271,169
    From related orgs
    $0
    Other
    $20,931
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $271,169
    Bonus
    $0
    Other
    $0
    Deferred
    $13,938
    Nontaxable benefits
    $6,993
    Filer's total
    $292,100

  • Bradley Townsend

    VP FOR POLICY AND OUTREACH

    Total calculated
    $235,343
    From this org
    $217,404
    From related orgs
    $0
    Other
    $17,939
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $217,414
    Bonus
    $0
    Other
    $0
    Deferred
    $11,375
    Nontaxable benefits
    $6,564
    Filer's total
    $235,353

  • Verena Radulovic

    VP FOR BUSINESS ENGAGEMENT

    Total calculated
    $228,369
    From this org
    $215,422
    From related orgs
    $0
    Other
    $12,947
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $212,500
    Bonus
    $2,922
    Other
    $0
    Deferred
    $10,781
    Nontaxable benefits
    $1,554
    Filer's total
    $227,757

  • Brian Kelly

    CFO

    Total calculated
    $226,664
    From this org
    $215,427
    From related orgs
    $0
    Other
    $11,237
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $212,500
    Bonus
    $0
    Other
    $2,927
    Deferred
    $10,625
    Nontaxable benefits
    $612
    Filer's total
    $226,664

  • Amy Merrill Steen

    SR DIRECTOR AND HEAD OF GLOBAL CARBON MARKETS

    Total calculated
    $224,668
    From this org
    $188,413
    From related orgs
    $0
    Other
    $36,255
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $129,461
    Bonus
    $58,952
    Other
    $0
    Deferred
    $18,252
    Nontaxable benefits
    $18,003
    Filer's total
    $224,668

  • John A Gerlach

    VP OF COMMUNICATIONS

    Total calculated
    $199,496
    From this org
    $186,022
    From related orgs
    $0
    Other
    $13,474
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $186,022
    Bonus
    $0
    Other
    $0
    Deferred
    $9,375
    Nontaxable benefits
    $4,099
    Filer's total
    $199,496

  • Robin Johnson

    SENIOR DIRECTOR OF INSTITUTIONAL GIVING

    Total calculated
    $165,575
    From this org
    $155,701
    From related orgs
    $0
    Other
    $9,874
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $151,111
    Bonus
    $0
    Other
    $4,590
    Deferred
    $7,806
    Nontaxable benefits
    $2,069
    Filer's total
    $165,576

  • Douglas Vine

    DIRECTOR OF ENERGY ANALYSIS

    Total calculated
    $161,611
    From this org
    $150,951
    From related orgs
    $0
    Other
    $10,660
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $150,951
    Bonus
    $0
    Other
    $0
    Deferred
    $7,576
    Nontaxable benefits
    $3,084
    Filer's total
    $161,611

  • Rose Luttenberger

    DIRECTOR OF ADVOCACY

    Total calculated
    $150,835
    From this org
    $141,857
    From related orgs
    $0
    Other
    $8,978
    Hours/week
    37.5

    Schedule J breakdown matched by us

    Base
    $141,075
    Bonus
    $0
    Other
    $782
    Deferred
    $7,054
    Nontaxable benefits
    $1,924
    Filer's total
    $150,835

  • Nicholas Franco

    DIRECTOR OF CORPORATE NET ZERO TRANSITION

    Total calculated
    $143,819
    From this org
    $135,528
    From related orgs
    $0
    Other
    $8,291
    Hours/week
    37.5

  • Ann Klee

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Leslie Carothers

    HR COMMITTEE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • David Hone

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Robert G 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 T Thigpen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • David Victor

    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
2024
Filed
9 June 2026
IRS schema version
2024v5.2
Source object
202631619349300808

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