2026-06-23T09:47:52-05:00 2025-12-31 823543701 WATSON COON RYAN LLC 6025 SOUTH QUEBEC STREET SUITE 260 CENTENNIAL CO 80111 990 2025-01-01 320586861 COLORADO CLEAN ENERGY FUND DBA COLLECTIVE CLEAN ENERGY FUND COLO 9702758482 303 E 17TH AVE SUITE 400 DENVER CO 80203 PAUL SCHARFENBERGER CEO 9702758482 2026-06-22 1 JEREMY J RYAN P00186641 3037923020 2025 2025-03-06 01:10:19Z PAUL SCHARFENBERGER 303 E 17TH AVE SUITE 400 DENVER CO 80203 45777470 0 X HTTPS://COCLEANENERGYFUND.COM/ X 2018 CO COLLECTIVE CLEAN ENERGY FUND (CCEF) IS A MISSION-FIRST NONPROFIT COMMUNITY LENDER THAT FILLS FINANCING GAPS TO ACCELERATE CLEAN ENERGY ADOPTION ACROSS COLORADO. 6 6 18 6 0 0 5256136 31883875 955596 2381173 802160 536416 0 0 7013892 34801464 0 0 0 0 1526538 2045359 0 0 0 2154938 2005661 3681476 4051020 3332416 30750444 38200364 175796465 5698096 112581532 32502268 63214933 CCEF CONNECTS INDIVIDUALS AND ORGANIZATIONS TO THE CAPITAL THEY NEED TO PURSUE PROJECTS AND BRIDGE REIMBURSABLE INCENTIVES. WE OFFER FLEXIBLE, BELOW-MARKET-RATE FINANCING DESIGNED SPECIFICALLY TO ADDRESS CLEAN ENERGY FINANCE GAPS. 0 0 2309030 2074768 CCEF COMMERCIAL LOANS ARE DESIGNED TO ADDRESS FINANCE GAPS FOR CLEAN ENERGY AND ENERGY EFFICIENCY IMPROVEMENTS THAT RESULT IN REDUCED COSTS AND EMISSIONS AND INCREASED ELECTRIFICATION AND DOMESTIC ENERGY GENERATION. IN 2025, CCEF FINANCED 16 COMMERCIAL PROJECTS, DEPLOYING $40 MILLION IN DIRECT LENDING AND MOBILIZING $110 MILLION IN TOTAL INVESTMENTS. THESE PROJECTS CREATED 1.0 MW OF DOMESTIC ENERGY PRODUCTION. NOT INCLUDED IN THE REVENUE TOTAL ABOVE IS $31,878,876 IN GOVERNMENT GRANTS. 1001118 306405 CCEF'S RESIDENTIAL PROGRAMS ARE DESIGNED TO HELP COLORADO HOMEOWNERS INVEST IN ENERGY EFFICIENCY UPGRADES THAT REDUCE UTILITY COSTS, INCREASE ELECTRIFICATION, AND INCREASE CLEAN, DOMESTIC ENERGY PRODUCTION. DURING 2025, CCEF CLOSED 552 LOANS, SERVING 49 COUNTIES IN COLORADO MOBILIZING MORE THAN $15 MILLION IN INVESTMENTS. THROUGH THE ELECTRIFY AND SAVE PROGRAM, CCEF FUNDED 83 ON-BILL REPAYMENT LOANS, DEPLOYING MORE THAN $1 MILLION IN DIRECT LENDING. THESE PROJECTS CREATED 2.5 MW IN DOMESTIC ENERGY PRODUCTION. NOT INCLUDED IN THE REVENUE TOTAL ABOVE IS $37,837 IN GOVERNMENT GRANTS. 3310148 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 17 0 1 18 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 9702758482 303 E 17TH AVE SUITE 400 DENVER CO 80203 PAUL SCHARFENBERGER CHIEF EXECUTIVE OFFICER 40.00 X 272669 0 35401 DAVID HARRIS CHIEF OPERATING OFFICER 40.00 X 200233 0 32876 KAITLYN WYCKOFF CHIEF PROGRAMS OFFICER 40.00 X 148821 0 24633 ANNA MOON VICE PRESIDENT OF BUSINESS DEVELOPMENT 40.00 X 139500 0 23500 KELLY BOYLE DIRECTOR OF CREDIT 40.00 X 106790 0 9752 WILL TOOR DIRECTOR 1.00 X 0 0 0 KEIRSTIN BECK DIRECTOR 1.00 X 0 0 0 MONIQUE DYERS DIRECTOR 1.00 X 0 0 0 DOMINIQUE GOMEZ DIRECTOR 1.00 X 0 0 0 JENNIFER GREMMERT BOARD CHAIRPERSON 1.00 X X 0 0 0 GENEVIEVE SHERMAN TREASURER 1.00 X X 0 0 0 CHRIS LAPING SECRETARY 1.00 X X 0 0 0 868013 0 126162 5 0 1 0 ROCKWELL FINANCIAL GROUP LLC 9085 EAST MINERAL CIRCLE SUITE 300 ENGLEWOOD CO 80112 LOAN SERVICING AND UNDERWRITING 293000 ELEVATE SERVICE GROUP 7800 EAST DORADO PLACE SUITE 100 GREENWOOD VILLAGE CO 80111 IT SERVICES 154442 CLIFTON LARSONALLEN LLP 220 S 6TH STREET MINNEAPOLIS MN 55402 ACCOUNTING SERVICES 100460 3 31878875 5000 31883875 LOAN INTEREST 522291 1917051 1917051 LOAN ORIGINATION FEES 522291 464122 464122 2381173 522737 522737 10989685 10976006 13679 13679 13679 34801464 2381173 0 536416 X 714633 409353 305280 1079642 968954 110688 30564 30564 66086 62359 3727 154434 120222 34212 111491 110164 1327 98383 5839 92544 451331 420267 31064 72696 58109 14587 47732 37236 10496 561890 516500 45390 20692 16108 4584 59808 46559 13249 30358 24007 6351 92270 92270 64662 64662 PROVISION FOR LOAN LOSS 284200 284200 OTHER EXPENSES 110148 107437 2711 4051020 3310148 740872 0 1577429 360301 6901453 111279480 57937 1918214 195060 109949 11801727 5291787 17663585 56833561 3173 3173 38200364 175796465 178096 163738 108608163 5000000 3232131 520000 577500 5698096 112581532 X 26578887 56774125 5923381 6440808 32502268 63214933 38200364 175796465 30750444 -37779 0 X X 0 1 X 1 1 1 X 26000000 3333000 1333333 5256136 31883875 67806344 26000000 3333000 1333333 5256136 31883875 67806344 67806344 297576 975862 711428 522738 2507604 70313948 4158999 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 NOTES AND LOANS RECEIVABLE 56833561 C 56833561 CREDIT LOSS RESERVE FOR CREDIT ENHANCEMENTS 577500 577500 34763686 -37779 1 -37778 34801464 0 34801464 4051021 1 1 4051020 0 4051020 PART XI, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 1. X 0 0 0 0 0 0 0 0 0 PAUL SCHARFENBERGER CHIEF EXECUTIVE OFFICER 272669 0 0 0 0 0 15385 0 20016 0 308070 0 0 0 DAVID HARRIS CHIEF OPERATING OFFICER 200233 0 0 0 0 0 12325 0 20551 0 233109 0 0 0 KAITLYN WYCKOFF CHIEF PROGRAMS OFFICER 148821 0 0 0 0 0 6833 0 17800 0 173454 0 0 0 ANNA MOON VICE PRESIDENT OF BUSINESS DEVELOPME 139500 0 0 0 0 0 23500 0 0 0 163000 0 0 0 PART I, LINE 3 THE BOARD MEETS QUARTERLY TO REVIEW AND PROVIDE FEEDBACK TO THE CEO AND TO ESTABLISH COMPENSATION. FORM 990, PART I, LINE 5, PART V, LINE 2A, PART VII AND PART IX COLORADO CLEAN ENERGY FUND HAS A CLIENT SERVICE AGREEMENT WITH TRINET, AN UNRELATED ORGANIZATION. TRINET IS A PROFESSIONAL EMPLOYER ORGANIZATION (PEO). AS A RESULT, THE PEO IS THE EMPLOYER FOR THE PURPOSES OF PAYING WAGES AND BENEFITS. COLORADO CLEAN ENERGY FUND INPUTS AND APPROVES ALL EMPLOYEE TIME AND WAGES INTO THE PEO'S ONLINE SYSTEM AND THE PEO PROCESSES THE PAYROLL AND ADMINISTERS ALL BENEFITS ON BEHALF OF COLORADO CLEAN ENERGY FUND. THE PEO ALSO REMITS ALL TAXES AND FILES ALL RETURNS UNDER THEIR NAME AND EMPLOYER IDENTIFICATION NUMBER. THE SALARY, BENEFITS, AND PAYROLL TAX EXPENSES SHOWN ON LINE 5, 7, AND 9 OF PART IX REPRESENT AMOUNTS PAID BY THE PEO AS PART OF THE CLIENT SERVICE AGREEMENT. IN ADDITION, COLORADO CLEAN ENERGY FUND IS REPORTING PAID EMPLOYEES ON FORM 990, PART V, LINE 2A BECAUSE OF THE RELATIONSHIP WITH THE PEO AS STATED ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS WERE PROVIDED A COPY OF THIS FORM 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C CCEF'S CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS, AND IS REVIEWED AND SIGNED BY ALL BOARD MEMBERS VOTING AND NON-VOTING AND BY ALL CCEF PAID STAFF. FORM 990, PART VI, SECTION B, LINE 15 THE CCEF BOARD OF DIRECTORS CONDUCTS A SEMI-ANNUAL PERFORMANCE EVALUATION OF THE CEO, BENCHMARKING THE CEO'S PERFORMANCE AGAINST THE OBJECTIVES OUTLINED IN THE BOARD-APPROVED, ANNUAL STRATEGIC PLAN. THOSE PERFOMANCE REVIEWS ARE CONDUCTED BY ALL BOARD MEMBERS. FORM 990, PART VI, SECTION C, LINE 18 CCEF'S FORM 990S ARE MADE PUBLICLY AVAILABLE BY THE U.S. INTERNAL REVENUE SERVICE. CCEF'S FORM 990S ARE ALSO MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 CCEF'S GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G LOAN SERVICING AND UNDERWRITING: PROGRAM SERVICE EXPENSES 389,328. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 389,328. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 30,939. MANAGEMENT AND GENERAL EXPENSES 31,064. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 62,003. FORM 990, PART XII, LINE 2C THE PROCESS OF THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEARS.