Nonprofit · EIN 27-3731338
NEW YORK CITY ENERGY EFFICIENCY CORPORATION
Tax-exempt · NEW YORK, NY 10018
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,152,084 | $5,868,500 | -$716,416 | $50,701,440 | $25,484,648 | $25,216,792 |
| June 30, 2024 | 990 | $4,244,026 | $7,489,197 | -$3,245,171 | $47,387,838 | $21,474,211 | $25,913,627 |
| June 30, 2023 | 990 | $4,854,663 | $6,098,812 | -$1,244,149 | $44,251,736 | $15,184,678 | $29,067,058 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,569,036
- of which government grants
- $1,409,036
- Program service revenue
- $2,209,379
- Investment income
- $373,669
- Net gain from sales of assets
- $292,446
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $60,000
- Compensation of officers, directors and key employees
- $608,869
- Other salaries and wages
- $2,309,807
- Salaries, compensation and benefits (total)
- $3,451,523
- Professional fundraising fees
- $0
- Legal fees
- $190,010
- Occupancy
- $152,276
- Travel
- $25,414
- Depreciation
- $1,885
- Program services (functional)
- $4,580,317
- Management and general (functional)
- $1,180,125
- Fundraising (functional)
- $108,058
Balance sheet and other
- Total assets, start of year
- $47,387,838
- Total assets, end of year
- $50,701,440
- Total liabilities, end of year
- $25,484,648
- Net assets, end of year
- $25,216,792
- Publicly traded securities
- $11,731,436
- Net assets without donor restrictions
- $4,133,350
- Net assets with donor restrictions
- $21,083,442
- Gross receipts
- $61,959,638
- Employees
- 21
- Volunteers
- 15
- Year formed
- 2010
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAY MERVES | DIR. OF BUSINESS DEV., TREASURER Officer | 40 | $233,705 | $71,545 |
| CURTIS PROBST | CEO, PRESIDENT Officer | 36 | $223,707 | $74,012 |
| NAEEMAH E LAJOIE | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $187,806 | $49,378 |
| MICHAEL KERSTETTER | GENERAL COUNSEL/DIRECTOR Highest-paid employee | 40 | $207,762 | $10,875 |
| MARIAN L WEBER | DIRECTOR Highest-paid employee | 40 | $171,050 | $13,851 |
| ERANGI DIAS | DIR. OF BUSINESS DEV. (OUTGOING) Highest-paid employee | 40 | $174,031 | $10,066 |
| APARAJITHA JANARDHANAN | DIRECTOR Highest-paid employee | 40 | $163,482 | $16,444 |
| ASHOK GUPTA | BOARD MEMBER (OUTGOING) Trustee or director | 1 | $0 | $0 |
| BRUCE SCHLEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH ZELDIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| J GREGORY HALE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY I BRODSKY | BOARD MEMBER AND CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JOE CHAVEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN RICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JUDY HERBSTMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLI M KEENAN | BOARD MEMBER Trustee or director | 1 | $0 |
| KIMBERLY DARGA | BOARD MEMBER Trustee or director | 1 | $0 |
| MALINI NAYAR | BOARD MEMBER Trustee or director | 1 | $0 |
| MARC KHOUZAMI | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK ZULUAGA | BOARD MEMBER Trustee or director | 1 | $0 |
| REBECCA KOEPNICK | BOARD MEMBER Trustee or director | 1 | $0 |
| RENWICK PAIGE | BOARD MEMBER Trustee or director | 1 | $0 |
| SADIE MCKEOWN | BOARD MEMBER (OUTGOING) Trustee or director | 1 | $0 |
| SUSAN LEEDS | BOARD MEMBER AND SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAY MERVES | DIR. OF BUSINESS DEV., TREASURER Officer | 40 | $223,234 | $70,471 |
| CURTIS PROBST | CEO, PRESIDENT Officer | 40 | $214,354 | $72,525 |
| NAEEMAH E LAJOIE | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $177,644 | $51,617 |
| MICHAEL KERSTETTER | GENERAL COUNSEL/DIRECTOR Highest-paid employee | 40 | $198,065 | $10,951 |
| PATRICK O'DONNELL | DIRECTOR OF ENGINEERING Highest-paid employee | 40 | $158,557 | $9,845 |
| ERANGI DIAS | DIR. OF BUSINESS DEV. Highest-paid employee | 40 | $133,681 | $5,838 |
| MARIAN L WEBER | DIRECTOR Highest-paid employee | 40 | $113,925 | $9,634 |
| ASHOK GUPTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRUCE SCHLEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH ZELDIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| J GREGORY HALE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY I BRODSKY | BOARD MEMBER AND CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JOE CHAVEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN RICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY DARGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARC KHOUZAMI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK ZULUAGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RENWICK PAIGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SADIE MCKEOWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN LEEDS | BOARD MEMBER AND SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| KELLIM KEENAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAY MERVES | DIR. OF BUSINESS DEV., TREASURER Officer | 40 | $218,740 | $62,967 |
| CURTIS PROBST | CEO, PRESIDENT Officer | 40 | $211,551 | $65,950 |
| NAEEMAH E LAJOIE | DIRECTOR OF OPERATIONS Highest-paid employee | 40 | $170,877 | $45,959 |
| MICHAEL KERSTETTER | GENERAL COUNSEL/DIRECTOR Highest-paid employee | 40 | $184,839 | $9,731 |
| ERANGI DIAS | DIR. OF BUSINESS DEV. Highest-paid employee | 40 | $171,599 | $6,441 |
| MARIAN L WEBER | DIRECTOR Highest-paid employee | 40 | $165,519 | $6,621 |
| PATRICK O'DONNELL | DIRECTOR OF ENGINEERING Highest-paid employee | 40 | $154,488 | $7,078 |
| ASHOK GUPTA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BRUCE SCHLEIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ELIZABETH ZELDIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| J GREGORY HALE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JEFFREY I BRODSKY | BOARD MEMBER AND CHAIRPERSON Trustee or director, Officer | 1 | $0 | $0 |
| JOE CHAVEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOHN RICE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY DARGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIZZY CHARLES-GUZMAN | BOARD MEMBER (OUTGOING) Trustee or director | 1 | $0 | $0 |
| MARC KHOUZAMI | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK ZULUAGA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| RENWICK PAIGE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SADIE MCKEOWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN LEEDS | BOARD MEMBER AND SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1359 BROADWAY FL 19, NEW YORK, NY 10018-7842
- Principal officer (990 for 2024)
- CURTIS PROBST, 1359 BROADWAY 19TH FLOOR, NEW YORK, NY 10018
- Signed the 990
- CURTIS PROBST, PRESIDENT
- Phone
- (212) 312-4259
- Website
- HTTPS://NYCEEC.COM
- Return prepared by
- CBIZ ADVISORS LLC
Mission
NYCEEC'S MISSION IS TO DELIVER FINANCING SOLUTIONS AND ADVANCE MARKETS FOR ENERGY EFFICIENCY AND CLEAN ENERGY IN COMMUNITIES.
Program accomplishments
- THROUGH THE END OF FY 2025, NYCEEC HAS MOBILIZED MORE THAN $630 MILLION IN CAPITAL SINCE LAUNCHING ITS OPERATIONS. NYCEEC CONTINUED TO SERVE LOW-TO-MODERATE INCOME (LMI) POPULATIONS, GREENING MORE THAN 18,635 AFFORDABLE HOUSING UNITS TO-DATE, WITH APPROXIMATELY 85% OF NYCEEC-FINANCED PROJECTS BEING IN OR SUPPORTING LMI COMMUNITIES. IN ADDITION, NYCEEC CONTINUED TO DEEPEN AND EXPAND PARTNERSHIP WITH DEVELOPERS, HOUSING AGENCIES, CONTRACTORS, AND GOVERNMENT PROGRAMS. IN FY25 NYCEEC ALSO CONTINUED TO DEVELOP AND ADMINISTER THE CITY OF NEW YORK'S COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY (C-PACE) PROGRAM, FOR WHICH NYCEEC IS THE PROGRAM ADMINISTRATOR. IN FY25 NYCEEC ALSO HELPED LAUNCH THE CITY OF NEW YORK'S AFFORDABLE HOUSING REINVESTMENT FUND (AHRF) PROGRAM, FOR WHICH NYCEEC IS THE PROGRAM ADMINISTRATOR.Expenses $4,580,317 · grants $60,000 · revenue $2,209,379
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 27-3731338
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C35)
- Assets (IRS master file)
- $50,701,440
- Income (IRS master file)
- $61,959,638
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,152,084 | $5,868,500 | $50,701,440 | XML |
| 990 | June 2024 | $4,244,026 | $7,489,197 | $47,387,838 | XML |
| 990 | June 2023 | $4,854,663 | $6,098,812 | $44,251,736 | XML |
| 990 | June 2022 | $4,616,791 | $7,533,767 | $46,600,021 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3731338).
Questions about NEW YORK CITY ENERGY EFFICIENCY CORPORATION
- What is the EIN of NEW YORK CITY ENERGY EFFICIENCY CORPORATION?
- The employer identification number (EIN) of NEW YORK CITY ENERGY EFFICIENCY CORPORATION is 27-3731338.
- Is NEW YORK CITY ENERGY EFFICIENCY CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to NEW YORK CITY ENERGY EFFICIENCY CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW YORK CITY ENERGY EFFICIENCY CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW YORK CITY ENERGY EFFICIENCY CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW YORK CITY ENERGY EFFICIENCY CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW YORK CITY ENERGY EFFICIENCY CORPORATION?
- The 990 for the year ended June 30, 2025 names CURTIS PROBST.
- Who are the officers and directors of NEW YORK CITY ENERGY EFFICIENCY CORPORATION?
- The 990 for the year ended June 30, 2025 lists 24 people; 7 received compensation from the organization, the highest $233,705 (JAY MERVES, DIR. OF BUSINESS DEV., TREASURER).
- How much revenue does NEW YORK CITY ENERGY EFFICIENCY CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,152,084, expenses of $5,868,500 and total assets of $50,701,440 at year end.
Other nonprofits in NEW YORK
- ENVIRONMENTAL DEFENSE FUND INCORPORATED EIN 11-6107128 · last filed 990 for 2025
- NATURAL RESOURCES DEFENSE COUNCIL INC EIN 13-2654926 · last filed 990 for 2025
- NATIONAL AUDUBON SOCIETY INC EIN 13-1624102 · last filed 990 for 2025
- C40 CITIES CLIMATE LEADERSHIP GROUP INC EIN 90-0634376 · last filed 990 for 2024
- OPEN SPACE INSTITUTE LAND TRUST INC EIN 13-3028060 · last filed 990 for 2024
- ALLIED CLIMATE PARTNERS INC EIN 93-2878604 · last filed 990 for 2024
- SUSTAINABLE MARKETS FOUNDATION EIN 13-4188834 · last filed 990 for 2025
- CDP NORTH AMERICA INC EIN 36-4709977 · last filed 990 for 2025