2024-11-15T11:52:47-06:00 2023-12-31 812950760 SAX LLP 1040 AVENUE OF THE AMERICAS-16TH FL NEW YORK NY 10018 990 2023-01-01 900868299 COALITION FOR GREEN CAPITAL D/B/A AMERICAN GREEN BANK CONSORTIUM COAL 2023680828 1255 UNION STREET NE 7TH FLOOR WASHINGTON DC 20002 REED HUNDT CEO 2023680828 2024-11-15 1 0 MIKE SCHALL P02024184 2122682804 2024-11-14 2023 2024-10-15 13:58:12Z X ELISHA HOPSON 1255 UNION STREET NE 7TH FLOOR WASHINGTON DC 20002 3462194 0 X HTTP://COALITIONFORGREENCAPITAL.COM X 2012 DC TO HALT CLIMATE CHANGE BY ACCELERATING INVESTMENT IN CLEAN ENERGY TECHNOLOGIES 13 13 9 14 0 0 1481531 3082860 471865 379287 0 47 0 0 1953396 3462194 20000 27500 0 0 777151 957498 0 0 92125 1524289 1436484 2321440 2421482 -368044 1040712 1032134 1727233 481437 135824 550697 1591409 X CGC IS A NON-PROFIT WITH A MISSION TO HALT CLIMATE CHANGE BY ACCELERATING INVESTMENT IN CLEAN ENERGY TECHNOLOGIES. CGC ACHIEVES THIS BY ADVOCATING FOR, CREATING AND IMPLEMENTING GREEN BANK FINANCE INSTITUTIONS. GREEN BANKS ARE A PROVEN FINANCE MODEL THAT USES PUBLIC AND PHILANTHROPIC FUNDS TO MOBILIZE PRIVATE INVESTMENT IN RENEWABLE ENERGY, ENERGY EFFICIENCY AND OTHER DECARBONIZATION TECHNOLOGIES. FOR OVER A DECADE, CGC HAS LED THE GREEN BANK MOVEMENT, WORKING AT THE FEDERAL, STATE AND LOCAL LEVEL IN THE U.S. AND IN COUNTRIES AROUND THE WORLD. BY INCREASING INVESTMENT AND ACCELERATING THE CONSTRUCTION OF CLEAN POWER, CGC IS HELPING DELIVER A CLEANER, BETTER FUTURE. 0 0 2115463 27500 379287 CGC TAKES A HOLISTIC APPROACH TO CLEAN ENERGY INVESTMENT, AND HAS BUILT A TRACK RECORD OF HANDS-ON EXPERTISE THAT REMAINS UNIQUE AMONG BOTH NON-PROFIT INSTITUTIONS AND FOR-PROFIT CONSULTANTS. A FEW KEY PRINCIPLES UNDERLIE CGC'S APPROACH TO ESTABLISHING NEW GREEN BANKS AND SUPPORTING THE BROADER GREEN BANK ECOSYSTEM.INCUBATE AND SUPPORT GREEN BANKSCGC CREATES NATIONAL, REGIONAL AND LOCAL GREEN BANKS THAT FINANCE CLEAN ENERGY PROJECTS IN PARTNERSHIP WITH THE PRIVATE SECTOR. CGC HAS UNIQUE EXPERTISE EVALUATING MARKETS, DESIGNING INSTITUTIONAL MODELS, DRAFTING LEGISLATION AND FORMING GREEN BANKS IN GEOGRAPHIES AROUND THE WORLD. RAISE AND DEPLOY CAPITALCGC PARTNERS WITH GREEN BANKS TO RAISE, ORGANIZE AND DEPLOY CAPITAL TO FINANCE CLEAN ENERGY PROJECTS AND SUPPORT GREEN BANK OPERATIONS. FROM FOUNDATIONS AND IMPACT INVESTORS TO COMMERCIAL LENDERS AND DEVELOPMENT INSTITUTIONS, CGC SEEKS TO CONNECT CAPITAL TO EMISSIONS-REDUCING PROJECTS.SPUR EXPANSION AND GROWTHCGC IS A THOUGHT LEADER, CONVENER AND FIELD CATALYST FOR GREEN BANKS. CGC SUPPORTS THE GROWTH OF A ROBUST INDUSTRY THROUGH RESEARCH, NETWORKING, EVENTS AND COMMUNICATION. THIS INCLUDES OPERATING THE AMERICAN GREEN BANK CONSORTIUM AND THE GLOBAL GREEN BANK NETWORK, TWO MEMBERSHIP ORGANIZATIONS WHICH CONVENE GREEN BANK INSTITUTIONS. 2115463 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 1 9 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC CO NY X ASNY 2023680828 1255 UNION STREET NE 7TH FLOOR WASHINGTON DC 20002 BRYAN GARCIA CHAIR 4.00 X X 0 0 0 REED HUNDT CEO AND CHAIR (LEFT 10/23) 40.00 X X 0 0 0 SUE TIERNEY DIRECTOR 4.00 X 0 0 0 ROGER DOWER DIRECTOR 4.00 X 0 0 0 RICHARD KAUFFMAN DIRECTOR 4.00 X 0 0 0 KEN MARKS DIRECTOR 1.00 X 0 0 0 OSWALDO ACOSTA DIRECTOR 1.00 X 0 0 0 DONNEL BAIRD DIRECTOR 1.00 X 0 0 0 HUGH FRATER DIRECTOR 1.00 X 0 0 0 MARLA BLOW DIRECTOR 1.00 X 0 0 0 WILLIAM DEMAS DIRECTOR 1.00 X 0 0 0 DAVID HAYES DIRECTOR 1.00 X 0 0 0 JULIE GREENE COLLIER DIRECTOR 1.00 X 0 0 0 CECILIA MARTINEZ DIRECTOR 1.00 X 0 0 0 KRISTINA PETERSON DIRECTOR (LEFT 12/23) 1.00 X 0 0 0 CARLOS CURBELO DIRECTOR (LEFT 9/23) 1.00 X 0 0 0 PAUL DE SA DIRECTOR (LEFT 9/23) 1.00 X 0 0 0 ELISHA HOPSON EXECUTIVE DIRECTOR, COO, TREASURER, AND SECRETARY 65.00 X 250000 0 260 HENRY LITMAN TREASURER AND SECRETARY (LEFT 4/23) 45.00 X 63226 0 2515 AVANINDRA DAS SENIOR DIRECTOR OF INVESTMENT 40.00 X 158456 0 8490 NENHA YOUNG DIRECTOR OF POLICY AND NETWORK 40.00 X 136247 0 3800 607929 0 15065 3 0 1 0 BW RESEARCH PARTNERSHIP 6120 PASEO DEL NORTE SUITE D2 CARLSBAD CA 92011 BUSINESS DEVELOPEMENT 210000 MCALLISTER & QUINN LLC 1030 15TH STREET NW SUITE 590 WASHINGTON DC 20005 BUSINESS DEVELOPEMENT 200800 TIERNEY LAWRENCE STILES LLC 225 E 16TH AVE SUITE 350 DENVER CO 80203 LEGAL 161057 ALSTON & BIRD 950 F STREET NW WASHINGTON DC 20004 LEGAL 150000 4 212500 217460 2652900 3082860 FEES FOR SERVICE INCOM 541900 379287 379287 379287 47 47 3462194 379287 0 47 X 27500 27500 482021 377371 49101 55549 387177 345212 22118 19847 1296 1078 106 112 22447 18661 1839 1947 64557 53667 5290 5600 311559 278848 29490 3221 55251 55251 36336 36336 957065 957065 28588 23487 2650 2451 8789 7307 720 762 30393 25267 2490 2636 8503 8503 2421482 2115463 213894 92125 690097 333128 1111547 330000 277555 2107 4953 9930 50 1032134 1727233 481437 107074 28750 481437 135824 X -124720 378309 675417 1213100 550697 1591409 1032134 1727233 1040712 0 X 0 1 X 1 0 X 1047935 2422340 1444219 1481531 3082860 9478885 1047935 2422340 1444219 1481531 3082860 9478885 1999447 7479438 47 47 9478932 2833186 0.78910 0.80320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2115463 2115463 255773 63943 0 0 271651 290395 247106 255773 1064925 1597388 99402 99402 67913 72599 61777 63943 266232 399348 20929 20929 0 X 4430879 968685 968685 3462194 0 3462194 3390167 968685 968685 2421482 0 2421482 PART X, LINE 2: COALITION FOR GREEN CAPITAL DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE ANY UNCERTAIN TAX POSITIONS. TAX FILINGS FOR PERIODS ENDING DECEMBER 31, 2020 AND LATER ARE SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. 1 CLEAN ENERGY AND SUSTAINABILITY ACCELERATOR 3 BETHESDA METRO CENTER STE 700 BETHESDA MD 20814 852160476 501 (C) (3) 27500 0 COVER YEAR LONG LEASE AND GENERAL SUPPORT OF CESA'S WORK 1 PART I, LINE 2: THE GRANTEE MUST SUBMIT A GRANT REPORT THAT INCLUDES A NARRATIVE AND FINANCIAL COMPONENT WITHIN ONE YEAR OF THE GRANT AGREEMENT. THE GRANT MUST ALSO KEEP FINANCIAL RECORDS INDICATING HOW FUNDS WERE EXPENDED. X X 0 0 0 0 0 0 0 0 0 ELISHA HOPSON EXECUTIVE DIRECTOR, COO, TREASURER, 250000 0 0 0 0 0 260 0 0 0 250260 0 0 0 AVANINDRA DAS SENIOR DIRECTOR OF INVESTMENT 123456 0 35000 0 0 0 0 0 8490 0 166946 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS DISTRIBUTED TO MANAGEMENT AND THE BOARD FOR REVIEW AND COMMENT. CORRECTIONS ARE MADE IF NECESSARY. CORRECTED COPY IS RECIRCULATED AND WITH NO FURTHER CORRECTIONS, FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A BOARD APPROVED CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR IDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 SEE EXPLANATION IN PART VI,SECTION B, QUESTION 15A IT IS THE POLICY OF THE COALITION FOR GREEN CAPITAL (THE ORGANIZATION") THAT ALL COMPENSATION PAID BY THE ORGANIZATION IS REASONABLE BASED UPON A REVIEW OF COMPARABILITY INFORMATION. THIS POLICY PROVIDES A PROCEDURE FOR THE REVIEW AND APPROVAL OF THE COMPENSATION OF THE CEO, EXECUTIVE DIRECTOR OR TOP MANAGEMENT OFFICIAL AND OTHER DIRECTORS, OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION WHO RECEIVE COMPENSATION ("COMPENSATED INDIVIDUALS") CONSISTENT WITH APPLICABLE FEDERAL TAX LAW AND THE LAWS OF THE DISTRICT OF COLUMBIA. THE PROVISIONS OF THIS POLICY RELATING TO THE APPROVAL OF COMPENSATION ARRANGEMENTS ARE INTENDED TO COMPLY WITH THE REBUTTABLE PRESUMPTION REQUIREMENTS OF SECTION 53.4958-6 OF THE TREASURY REGULATIONS AND THE INTERNAL REVENUE SERVICE ("IRS") FORM 990, AND SHALL BE INTERPRETED AND APPLIED CONSISTENTLY THEREWITH. (THE IRS FORM 990 DEFINITIONS FOR SOME OF THE IDENTIFIED POSITIONS ARE USED IN THIS POLICY WITH THE SAME MEANINGS AS PROVIDED IN THE GLOSSARY TO IRS FORM 990.) THE BOARD OF DIRECTORS OF THE ORGANIZATION (THE "BOARD") SHALL REVIEW AND APPROVE THE COMPENSATION OF COMPENSATED INDIVIDUALS. THE BOARD REVIEWING AND APPROVING COMPENSATION FOR COMPENSATED INDIVIDUALS SHALL SATISFY THE FOLLOWING REQUIREMENTS OR PROCEDURES: (1)APPROVAL BY PERSONS WITHOUT A CONFLICT OF INTEREST. COMPENSATION SHALL BE REVIEWED AND APPROVED BY THE BOARD, PROVIDED THAT PERSONS WITH A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED. MEMBERS OF THE BOARD DO NOT HAVE A CONFLICT OF INTEREST IF THEY (A) ARE NOT BENEFITTING FROM OR PARTICIPATING IN THE COMPENSATION ARRANGEMENT (AND ARE NOT A FAMILY MEMBER OF ANY PERSON BENEFITING FROM OR PARTICIPATING IN THE COMPENSATION ARRANGEMENT); (B) ARE NOT IN AN EMPLOYMENT RELATIONSHIP SUBJECT TO THE DIRECTION OR CONTROL OF ANY PERSON BENEFITTING FROM OR PARTICIPATING IN THE COMPENSATION ARRANGEMENT; (C) DO NOT RECEIVE COMPENSATION OR OTHER PAYMENTS SUBJECT TO THE APPROVAL OF ANY PERSON BENEFITTING FROM OR PARTICIPATING IN THE COMPENSATION ARRANGEMENT; (D) HAVE NO MATERIAL FINANCIAL INTEREST AFFECTED BY THE COMPENSATION ARRANGEMENT; AND (E) DO NOT APPROVE A TRANSACTION PROVIDING ECONOMIC BENEFITS TO ANY PERSON PARTICIPATING IN THE COMPENSATION ARRANGEMENT, WHO IN TURN HAS OR WILL APPROVE A TRANSACTION PROVIDING ECONOMIC BENEFITS TO THE MEMBER. (FORM 990, PART VI, LINE 15, INSTRUCTIONS; TREAS. REG. 53.4958-6(C)(1)(III)). (2) USE OF COMPARABILITY DATA. IN ITS REVIEW AND APPROVAL OF COMPENSATION, THE BOARD SHALL AFFIRMATIVELY DETERMINE THAT THE COMPENSATION ARRANGEMENT IN ITS ENTIRETY IS REASONABLE TO THE ORGANIZATION BASED UPON INFORMATION SUFFICIENT TO DETERMINE WHETHER THE VALUE OF SERVICES IS THE AMOUNT THAT WOULD ORDINARILY BE PAID FOR LIKE SERVICES BY LIKE ENTERPRISES, WHETHER TAXABLE OR TAX EXEMPT, UNDER LIKE CIRCUMSTANCES. RELEVANT INFORMATION MAY INCLUDE, BUT IS NOT LIMITED TO, COMPENSATION LEVELS PAID BY SIMILARLY SITUATED ORGANIZATIONS, BOTH TAXABLE AND TAX EXEMPT, FOR FUNCTIONALLY COMPARABLE POSITIONS; THE AVAILABILITY OF SIMILAR SERVICES IN THE GEOGRAPHIC AREA OF THE ORGANIZATION; CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; AND ACTUAL WRITTEN OFFERS FROM SIMILAR INSTITUTIONS COMPETING FOR THE SERVICES OF THE COMPENSATED PERSON. (FORM 990, PART VI, LINE 15, INSTRUCTIONS; TREAS. REG. 53.4958-6(C)(2)). (3) RECORDING COMPENSATION DELIBERATIONS. THE BOARD'S REVIEW AND APPROVAL OF COMPENSATION SHALL BE RECORDED IN THE MINUTES OF ITS MEETINGS AND CONTAIN: (A) THE TERMS OF THE COMPENSATION AND THE DATE APPROVED; (B) THE NAMES OF THE MEMBERS OF THE BOARD WHO WERE PRESENT DURING THE DISCUSSION AND THOSE WHO VOTED ON THE APPROVED COMPENSATION; (C) THE COMPARABILITY DATA OBTAINED AND RELIED UPON, AND HOW IT WAS OBTAINED; (D) ANY ACTION TAKEN WITH RESPECT TO CONSIDERATION OF THE COMPENSATION BY A MEMBER OF THE BOARD WHO HAD A CONFLICT OF INTEREST WITH RESPECT TO THE COMPENSATION; AND (E) IF THE REASONABLE COMPENSATION IS HIGHER OR LOWER THAN THE RANGE OF COMPARABILITY DATA OBTAINED, THE BASIS FOR THE DECISION. SUCH MINUTES SHALL BE REVIEWED AND APPROVED BY THE BOARD AS REASONABLE, ACCURATE AND COMPLETE WITHIN A REASONABLE TIME AFTER THE REVIEW AND APPROVAL OF THE COMPENSATION, BUT IN ANY EVENT BEFORE THE LATER OF THE NEXT MEETING OF THE BOARD OR 60 DAYS AFTER THE RELEVANT COMPENSATION ARRANGEMENT IS FINALLY APPROVED BY THE BOARD. (FORM 990, PART VI, LINE 15, INSTRUCTIONS; TREAS. REG. 53.4958-6(C)(3)). FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G PROGRAM CONSULTANTS: PROGRAM SERVICE EXPENSES 957,065. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 957,065. COALITION FOR GREEN CAPITAL ACTION FUND 1875 CONNECTICUT AVENUE NW FL 10 WASHINGTON DC 20009 272124806 PUBLIC ADVOCACY DC 501(C)(4) 0 CLEAN ENERGY AND SUSTAINABILITY ACCELERATOR 3 BETHESDA METRO CENTER STE 700 BETHESDA MD 20814 852160476 ENVIRONMENTAL DC 501(C)(3) LINE 7 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 CLEAN ENERGY AND SUSTAINABILITY ACCELERATOR B 27500 CASH