Skip to main content

Nonprofit · EIN 32-0586861

COLORADO CLEAN ENERGY FUND

Tax-exempt · DENVER, CO 80203

Financials

$2.7M$2M2023$7M$3.7M2024$34.8M$4.1M2025
Revenue Expenses · by fiscal year end
Financials of COLORADO CLEAN ENERGY FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$34,801,464$4,051,020$30,750,444$175,796,465$112,581,532$63,214,933
December 31, 2024990$7,013,892$3,681,476$3,332,416$38,200,364$5,698,096$32,502,268
December 31, 2023990$2,710,556$1,995,111$715,445$35,680,608$6,536,291$29,144,317
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$31,883,875
of which government grants
$31,878,875
Program service revenue
$2,381,173
Investment income
$536,416
Net gain from sales of assets
$13,679
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$714,633
Other salaries and wages
$1,079,642
Salaries, compensation and benefits (total)
$2,045,359
Professional fundraising fees
$0
Legal fees
$111,491
Accounting fees
$98,383
Occupancy
$20,692
Travel
$59,808
Program services (functional)
$3,310,148
Management and general (functional)
$740,872

Balance sheet and other

Total assets, start of year
$38,200,364
Total assets, end of year
$175,796,465
Total liabilities, end of year
$112,581,532
Net assets, end of year
$63,214,933
Publicly traded securities
$5,291,787
Net assets without donor restrictions
$56,774,125
Net assets with donor restrictions
$6,440,808
Gross receipts
$45,777,470
Employees
18
Volunteers
6
Year formed
2018
State of legal domicile
CO

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PAUL SCHARFENBERGERCHIEF EXECUTIVE OFFICER
Officer
40$272,669$35,401
DAVID HARRISCHIEF OPERATING OFFICER
Key employee
40$200,233$32,876
KAITLYN WYCKOFFCHIEF PROGRAMS OFFICER
Highest-paid employee
40$148,821$24,633
ANNA MOONVICE PRESIDENT OF BUSINESS DEVELOPMENT
Highest-paid employee
40$139,500$23,500
KELLY BOYLEDIRECTOR OF CREDIT
Highest-paid employee
40$106,790$9,752
WILL TOORDIRECTOR
Trustee or director
1$0$0
KEIRSTIN BECKDIRECTOR
Trustee or director
1$0$0
MONIQUE DYERSDIRECTOR
Trustee or director
1$0$0
DOMINIQUE GOMEZDIRECTOR
Trustee or director
1$0$0
JENNIFER GREMMERTBOARD CHAIRPERSON
Trustee or director, Officer
1$0$0
GENEVIEVE SHERMANTREASURER
Trustee or director, Officer
1$0$0
CHRIS LAPINGSECRETARY
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensationOther / benefits
PAUL SCHARFENBERGERCEO
Officer
40$237,188$23,255
DAVID HARRISCOO
Key employee
40$162,801$22,612
HEATHER BRAITHWAITECIO
Key employee
40$164,280$14,251
EMILY RICHARDSONRESIDENTIAL PROGRAM DIRECTOR
Highest-paid employee
40$103,842$11,253
JENNIFER GREMMERTBOARD CHAIR & SECRETARY
Trustee or director, Officer
1$0$0
ERIC DRUMMONDTREASURER
Trustee or director, Officer
1$0$0
WILL TOORDIRECTOR
Trustee or director
1$0$0
KEIRSTIN BECKDIRECTOR
Trustee or director
1$0$0
MONIQUE DYERSDIRECTOR
Trustee or director
1$0$0
GENEVIEVE SHERMANDIRECTOR
Trustee or director
1$0$0
CHRIS LAPINGDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationOther / benefits
PAUL SCHARFENBERGERCEO
Officer
40$211,000$22,427
HEATHER BRAITHWAITECIO
Key employee
40$158,500$15,832
DAVID HARRISCOO
Highest-paid employee
40$148,000$21,299
KATHARINE RUSHTONCOMMERCIAL BUS. DIRECTOR
Highest-paid employee
40$103,500$14,650
JENNIFER GREMMERTBOARD CHAIRPERSON & SECRETARY
Trustee or director, Officer
1$0$0
ERIC DRUMMONDDIRECTOR
Trustee or director
1$0$0
WILL TOORDIRECTOR
Trustee or director
1$0$0
KEIRSTIN BECKDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
303 E 17TH AVE STE 400, DENVER, CO 80203-1289
Mailing address (990-N for 2020)
1607 Cole Boulevard, lakewood CO 80401
Principal officer (990 for 2025)
PAUL SCHARFENBERGER, 303 E 17TH AVE SUITE 400, DENVER, CO 80203
Principal officer (990-N for 2020)
Paul Scharfenberger, PO Box 302, Ridgway CO 81432
Signed the 990
PAUL SCHARFENBERGER, CEO
Phone
(970) 275-8482
Return prepared by
WATSON COON RYAN LLC

Mission

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.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $2,309,030 · revenue $2,074,768
  • 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.
    Expenses $1,001,118 · revenue $306,405

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
32-0586861
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C35)
Assets (IRS master file)
$175,796,465
Income (IRS master file)
$45,777,470

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$34,801,464$4,051,020$175,796,465XML
990December 2024$7,013,892$3,681,476$38,200,364XML
990December 2023$2,710,556$1,995,111$35,680,608XML
990December 2022$3,723,635$1,175,095$28,367,649IRS
990December 2021–––IRS
990-N for 2020
Officer: Paul Scharfenberger
December 31, 2020≤ $50,000 receipts––e-Postcard

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 32-0586861).

Questions about COLORADO CLEAN ENERGY FUND

What is the EIN of COLORADO CLEAN ENERGY FUND?
The employer identification number (EIN) of COLORADO CLEAN ENERGY FUND is 32-0586861.
Is COLORADO CLEAN ENERGY FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to COLORADO CLEAN ENERGY FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COLORADO CLEAN ENERGY FUND 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 COLORADO CLEAN ENERGY FUND due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COLORADO CLEAN ENERGY FUND last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of COLORADO CLEAN ENERGY FUND?
The 990 for the year ended December 31, 2025 names PAUL SCHARFENBERGER.
Who are the officers and directors of COLORADO CLEAN ENERGY FUND?
The 990 for the year ended December 31, 2025 lists 12 people; 5 received compensation from the organization, the highest $272,669 (PAUL SCHARFENBERGER, CHIEF EXECUTIVE OFFICER).
How much revenue does COLORADO CLEAN ENERGY FUND have?
On its 990 for the year ended December 31, 2025 it reported revenue of $34,801,464, expenses of $4,051,020 and total assets of $175,796,465 at year end.

Other nonprofits in DENVER

All nonprofits in DENVER · Colorado · Environment