Nonprofit · EIN 87-4680230
CLIMATE AND CLEAN ENERGY EQUITY FUND
Tax-exempt · WASHINGTON, DC 20005
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $29,514,763 | $25,704,998 | $3,809,765 | $52,576,211 | $10,490,960 | $42,085,251 |
| December 31, 2023 | 990 | $39,078,325 | $834,371 | $38,243,954 | $38,724,325 | $480,371 | $38,243,954 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $28,116,023
- Program service revenue
- $0
- Investment income
- $1,398,740
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,121,234
- Compensation of officers, directors and key employees
- $930,475
- Other salaries and wages
- $3,543,780
- Salaries, compensation and benefits (total)
- $5,388,177
- Professional fundraising fees
- $0
- Legal fees
- $59,439
- Accounting fees
- $139,909
- Occupancy
- $48,501
- Travel
- $88,344
- Depreciation
- $98,556
- Program services (functional)
- $20,791,872
- Management and general (functional)
- $3,992,785
- Fundraising (functional)
- $920,341
Balance sheet and other
- Total assets, start of year
- $38,724,325
- Total assets, end of year
- $52,576,211
- Total liabilities, end of year
- $10,490,960
- Net assets, end of year
- $42,085,251
- Land, buildings and equipment
- $524,937
- Publicly traded securities
- $18,021,500
- Net assets without donor restrictions
- $28,245,282
- Net assets with donor restrictions
- $13,839,969
- Gross receipts
- $29,514,763
- Employees
- 37
- Volunteers
- 4
- Year formed
- 2022
- State of legal domicile
- DC
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SANGITA S DHUNGANA | COO - UNTIL 06/2024 Key employee | 40 | $309,606 | $22,684 |
| ROGER KIM CHIEF EXECUTIVE | OFFICER & PRESIDENT - UNTIL 04/24 Trustee or director, Officer | 40 | $291,826 | $19,238 |
| JODEEN TAYLOR | VP, STRATEGIC PARTNERSHIPS Highest-paid employee | 40 | $261,225 | $42,168 |
| BRADY WILKENSHAW INTERIM | PRESIDENT - AS OF 04/24 Trustee or director, Officer | 15 | $290,000 | $0 |
| JILLIAN MURPHY CHIEF OF STAFF | INTERIM EXECUTIVE DIRECTOR Key employee | 40 | $242,022 | $45,099 |
| JORDAN ESTEVAO | VP, PROGRAMS Highest-paid employee | 40 | $240,686 | $36,219 |
| AIDA CAVALIC | DIRECTOR OF FINANCE Highest-paid employee | 40 | $219,814 | $39,093 |
| LYDIA AVILA DEPUTY DIRECTOR | GRANTS & POWER BUILDING Highest-paid employee | 40 | $182,261 | $23,532 |
| SHILPA JOSHI | DIRECTOR, POLICY Highest-paid employee | 40 | $181,351 | $18,356 |
| MICHELLE DEPASS | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| CARRIE DOYLE | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROGER KIM | PRESIDENT Trustee or director, Officer | 0.4 | $0 |
| KATHLEEN WELCH | SECRETARY Trustee or director, Officer | 0.4 | $0 |
| MICHELLE DEPASS | TREASURER Trustee or director, Officer | 0.4 | $0 |
Address and contacts
- Address (IRS master file)
- 1100 13TH ST NW STE 800, WASHINGTON, DC 20005-4281
- In care of
- % ROGER KIM
- Principal officer (990 for 2024)
- ANDREA CRISTINA MERCADO, 1100 13TH ST NW 800, WASHINGTON, DC 20005
- Signed the 990
- ANDREA CRISTINA MERCADO, PRESIDENT & CHIEF EXECUTIVE OFFICER
- Phone
- (202) 595-1061
- 990-N for 2022 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Roger Kim, 1629 K Street NW Ste 300, Washington DC 20006. Mailing address: 1629 K Street NW Ste 300, Washington DC 20006. Website: https://www.theequityfund.org
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE EQUITY FUND BELIEVES THAT DURABLE PROGRESS ON CLIMATE ACTION REQUIRES A BROAD, DIVERSE, AND POWERFUL BASE OF POPULAR SUPPORT THAT ADVANCES ECONOMIC, GENDER AND RACIAL EQUITY. WE PAIR DEEP AND SUSTAINED FUNDING WITH EXPERT POLICY ANALYSIS AND NARRATIVE STRATEGY TO BUILD AUTHENTIC POWER IN COMMUNITIES, STATE BY STATE. TOGETHER WITH OUR PARTNERS, WE DELIVER EQUITABLE CLIMATE PROGRESS, TRANSFORM PUBLIC NARRATIVES ABOUT CLIMATE CHANGE, AND BUILD POLITICAL WILL FOR LASTING PUBLIC POLICIES TO SECURE A FUTURE WE ALL DESERVE.
Program accomplishments
- GRANT PROGRAMS: THE EQUITY FUND PROVIDES CATALYTIC AND SUSTAINED FUNDING, CAPACITY-BUILDING, AND TECHNICAL ASSISTANCE TO MULTI-ISSUE COMMUNITY-BASED ORGANIZATIONS. WE CHAMPION COMMUNITY-SUPPORTED SOLUTIONS THAT DELIVER EQUITABLE ECONOMIC OPPORTUNITIES AND ADDRESS DISPARITIES IN HEALTH, HOUSING AND JOB QUALITY THROUGH A TRANSITION TO CLEAN ENERGY.OUR GRANTMAKING SUPPORTS OVER 170 COMMUNITY PARTNERS ACROSS RURAL, URBAN AND SUBURBAN GEOGRAPHIES TO LEAD LARGE-SCALE ADVOCACY, STRATEGIC COMMUNICATIONS, AND NONPARTISAN CIVIC ENGAGEMENT INITIATIVES. WE HAVE RAISED MORE THAN $230 MILLION TO SUPPORT MORE THAN 300 ORGANIZATIONS IN 13 STATES.Expenses $19,317,963 · grants $16,840,424
- POLICY ACCELERATOR: OUR POLICY ACCELERATOR PROVIDES GRANTEE PARTNERS WITH CAPACITY-BUILDING AND TECHNICAL ASSISTANCE INCLUDING POLICY RESEARCH, DATA ANALYSIS, AND FACILITATING A CROSS-STATE POLICY LEARNING COMMUNITY.Expenses $1,357,731 · grants $218,560
- PHILANTHROPIC ORGANIZING: THE EQUITY FUND PARTNERS WITH OTHER FUNDERS TO GROW INVESTMENTS THAT DRIVE EQUITABLE CLIMATE ACTION, AND MORE BROADLY, TO BUILD AN EFFECTIVE, DIVERSE, AND INCLUSIVE PHILANTHROPIC INFRASTRUCTURE.OUR STRATEGIC PARTNERSHIPS TEAM WORKS IN COLLABORATION WITH MORE THAN TWO DOZEN GRANTMAKERS AND PARTNERS WHO REPRESENT CLIMATE, CIVIC ENGAGEMENT, RACIAL JUSTICE, ECONOMIC OPPORTUNITY, AND WORKFORCE DEVELOPMENT FUNDERS. AS PHILANTHROPIC ADVISORS, OUR GOAL IS TO BUILD A COMMUNITY OF FUNDERS WHO MOVE RESOURCES TOGETHER WITH THE INTENTION OF ACHIEVING SYSTEMIC CHANGE.Expenses $116,178 · grants $62,250
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 87-4680230
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C01)
- Assets (IRS master file)
- $52,576,211
- Income (IRS master file)
- $29,514,763
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $29,514,763 | $25,704,998 | $52,576,211 | XML |
| 990 | December 2023 | $39,078,325 | $834,371 | $38,724,325 | XML |
| 990-N for 2022 Officer: Roger Kim Filed under this EIN, most likely by a chapter or affiliate | December 31, 2022 | ≤ $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 87-4680230).
Questions about CLIMATE AND CLEAN ENERGY EQUITY FUND
- What is the EIN of CLIMATE AND CLEAN ENERGY EQUITY FUND?
- The employer identification number (EIN) of CLIMATE AND CLEAN ENERGY EQUITY FUND is 87-4680230.
- Is CLIMATE AND CLEAN ENERGY EQUITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CLIMATE AND CLEAN ENERGY EQUITY FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CLIMATE AND CLEAN ENERGY EQUITY 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 CLIMATE AND CLEAN ENERGY EQUITY FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLIMATE AND CLEAN ENERGY EQUITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of CLIMATE AND CLEAN ENERGY EQUITY FUND?
- The 990 for the year ended December 31, 2024 names ANDREA CRISTINA MERCADO.
- Who are the officers and directors of CLIMATE AND CLEAN ENERGY EQUITY FUND?
- The 990 for the year ended December 31, 2024 lists 11 people; 9 received compensation from the organization, the highest $309,606 (SANGITA S DHUNGANA, COO - UNTIL 06/2024).
- How much revenue does CLIMATE AND CLEAN ENERGY EQUITY FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $29,514,763, expenses of $25,704,998 and total assets of $52,576,211 at year end.
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