Nonprofit · EIN 90-0868299
COALITION FOR GREEN CAPITAL
Tax-exempt · WASHINGTON, DC 20002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $24,315,819 | $24,223,161 | $92,658 | $5,022,565,236 | $5,020,881,169 | $1,684,067 |
| December 31, 2023 | 990 | $3,462,194 | $2,421,482 | $1,040,712 | $1,727,233 | $135,824 | $1,591,409 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $24,251,019
- of which government grants
- $23,875,919
- Membership dues
- $122,500
- Program service revenue
- $0
- Investment income
- $64,800
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $302,499
- Compensation of officers, directors and key employees
- $2,424,103
- Other salaries and wages
- $4,365,553
- Salaries, compensation and benefits (total)
- $7,455,819
- Professional fundraising fees
- $0
- Legal fees
- $9,124,596
- Accounting fees
- $112,436
- Occupancy
- $48,665
- Travel
- $156,284
- Program services (functional)
- $22,613,486
- Management and general (functional)
- $1,588,876
- Fundraising (functional)
- $20,799
Balance sheet and other
- Total assets, start of year
- $1,727,233
- Total assets, end of year
- $5,022,565,236
- Total liabilities, end of year
- $5,020,881,169
- Net assets, end of year
- $1,684,067
- Net assets without donor restrictions
- $1,357,831
- Net assets with donor restrictions
- $326,236
- Gross receipts
- $24,315,819
- Employees
- 34
- Volunteers
- 15
- Year formed
- 2012
- 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 |
|---|---|---|---|---|
| ELISHA HOPSON | SECRETARY/CHIEF ADMIN OFFICER Officer | 40 | $450,000 | $18,750 |
| JEFFREY DIEHL | CHIEF OPERATING & COMPLIANCE OFFICER Key employee | 40 | $380,053 | $40,820 |
| DAVID PETTIT | GENERAL COUNSEL/CHIEF STRATEGY OFF Key employee | 40 | $389,552 | $17,306 |
| SALMAN AHMED | TREASURER (AS OF 7/24) Officer | 40 | $291,337 | $38,214 |
| SANJEEV KUMAR | CHIEF FINANCIAL OFFICER (AS OF 7/24) Officer | 40 | $308,494 | $14,250 |
| MICHAEL GERGEN | SENIOR STRATEGIC ADVISOR Highest-paid employee | 40 | $311,873 | $2,827 |
| STEPHEN BROWN | CHIEF NETWORK OFFICER Highest-paid employee | 40 | $247,854 | $29,881 |
| ALFRED GRIFFIN | CHIEF INVESTMENT OFFICER Key employee | 40 | $222,109 | $19,793 |
| JESSIE BUENDIA | CHIEF IMPACT OFFICER Highest-paid employee | 40 | $218,473 | $15,671 |
| MICHAEL HOFFMAN | SENIOR ADVISOR - INVESTMENTS Key employee | 40 | $224,120 | $9,305 |
| WILLIAM BARBER | SENIOR DIRECTOR - IMPACT/INVESTMENTS Highest-paid employee | 40 | $217,283 | $13,737 |
| NENHA YOUNG | SENIOR DIR OF DEVELOPMENT/NETWORK Highest-paid employee | 40 | $212,163 | $13,700 |
| BRYAN GARCIA | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| CECILIA MARTINEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DONNEL BAIRD | DIRECTOR Trustee or director | 1 | $0 |
| HUGH FRATER | DIRECTOR Trustee or director | 1 | $0 |
| JULIE GREENE COLLIER | DIRECTOR Trustee or director | 1 | $0 |
| KEN MARKS | DIRECTOR Trustee or director | 1 | $0 |
| MARLA BLOW | DIRECTOR Trustee or director | 1 | $0 |
| MUNG CHIANG | DIRECTOR Trustee or director | 1 | $0 |
| OSWALDO ACOSTA | DIRECTOR Trustee or director | 1 | $0 |
| REED HUNDT | CEO Trustee or director, Officer | 40 | $0 |
| RICHARD KAUFFMAN | DIRECTOR Trustee or director | 1 | $0 |
| ROGER DOWER | DIRECTOR Trustee or director | 4 | $0 |
| SUSAN TIERNEY | DIRECTOR Trustee or director | 4 | $0 |
| WILLIAM DEMAS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELISHA HOPSON | EXECUTIVE DIRECTOR, COO, TREASURER, AND SECRETARY Officer | 65 | $250,000 | $260 |
| AVANINDRA DAS | SENIOR DIRECTOR OF INVESTMENT Key employee | 40 | $158,456 | $8,490 |
| NENHA YOUNG | DIRECTOR OF POLICY AND NETWORK Highest-paid employee | 40 | $136,247 | $3,800 |
| HENRY LITMAN | TREASURER AND SECRETARY (LEFT 4/23) Officer | 45 | $63,226 | $2,515 |
| BRYAN GARCIA | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| REED HUNDT | CEO AND CHAIR (LEFT 10/23) Trustee or director, Officer | 40 | $0 | $0 |
| SUE TIERNEY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROGER DOWER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RICHARD KAUFFMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KEN MARKS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| OSWALDO ACOSTA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DONNEL BAIRD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HUGH FRATER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARLA BLOW | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM DEMAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID HAYES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JULIE GREENE COLLIER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CECILIA MARTINEZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KRISTINA PETERSON | DIRECTOR (LEFT 12/23) Trustee or director | 1 | $0 | $0 |
| CARLOS CURBELO | DIRECTOR (LEFT 9/23) Trustee or director | 1 | $0 | $0 |
| PAUL DE SA | DIRECTOR (LEFT 9/23) Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1255 UNION ST NE 7TH FLOOR, WASHINGTON, DC 20002-7042
- In care of
- % THE ORGANIZATION
- Principal officer (990 for 2024)
- RICHARD KAUFFMAN, 1255 UNION STREET NE 7TH FLOOR, WASHINGTON, DC 20002
- Signed the 990
- RICHARD KAUFFMAN, CEO
- Phone
- (202) 251-5149
- 990-N for 2013 filed under this EIN
- Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Reed Hundt, 2001 K Street NW Suite 802, Washington DC 20006. Mailing address: 2001 K Street NW Suite 802, Washington DC 20006. Website: http://www.coalitionforgreencapital.com
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
CGC OPERATES AS A NONPROFIT FINANCIAL INSTITUTION THAT INVESTS DIRECTLY AND THROUGH PARTNERS TO TRANSFORM FINANCIAL MARKETS BY USING PUBLIC AND PRIVATE INVESTING TO ACCELERATE THE DEPLOYMENT OF PROJECTS THAT STRENGTHEN THE GRID, REDUCE EMISSIONS AND INCREASE CLIMATE RESILIENCY WHILE CREATING ECONOMIC OPPORTUNITIES FOR ALL AMERICANS ACROSS THE UNITED STATES. CGC PROVIDES LOANS, LOAN GUARANTEES, CREDIT ENHANCEMENTS AND OTHER FORMS OF FINANCIAL ASSISTANCE AND SUPPORTS ITS NETWORK OF PARTNERS THAT DEVELOP INVESTMENT OPPORTUNITIES ACROSS THE UNITED STATES. SINCE ITS INCEPTION, CGC HAS SUPPORTED THE CREATION OF STATE AND LOCAL GREEN BANK'S MISSION-DRIVEN COMMUNITY LENDERS THAT USE INNOVATIVE FINANCING TO ACCELERATE THE TRANSITION TO A CLEAN ENERGY ECONOMY AND EDUCATED THE PUBLIC AND PRIVATE SECTOR AND GOVERNMENTAL AUTHORITIES AND ORGANIZATIONS REGARDING THE NEED FOR AND BENEFITS OF LOW-COST FINANCING OF CLEAN ENERGY GENERATION, TRANSMISSION, AND THE EFFICIENT USE OF ENERGY.
Program accomplishments
- GREEN BANK PROGRAMS: 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.Expenses $22,613,486 · grants $302,499
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
- 90-0868299
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Environment (C35)
- Assets (IRS master file)
- $5,022,565,236
- Income (IRS master file)
- $24,315,819
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $24,315,819 | $24,223,161 | $5,022,565,236 | XML |
| 990 | December 2023 | $3,462,194 | $2,421,482 | $1,727,233 | XML |
| 990 | December 2022 | $1,953,396 | $2,321,440 | $1,032,134 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2013 Officer: Reed Hundt Filed under this EIN, most likely by a chapter or affiliate | December 31, 2013 | ≤ $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 90-0868299).
Questions about COALITION FOR GREEN CAPITAL
- What is the EIN of COALITION FOR GREEN CAPITAL?
- The employer identification number (EIN) of COALITION FOR GREEN CAPITAL is 90-0868299.
- Is COALITION FOR GREEN CAPITAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to COALITION FOR GREEN CAPITAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COALITION FOR GREEN CAPITAL 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 COALITION FOR GREEN CAPITAL 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 COALITION FOR GREEN CAPITAL 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 COALITION FOR GREEN CAPITAL?
- The 990 for the year ended December 31, 2024 names RICHARD KAUFFMAN.
- Who are the officers and directors of COALITION FOR GREEN CAPITAL?
- The 990 for the year ended December 31, 2024 lists 27 people; 12 received compensation from the organization, the highest $450,000 (ELISHA HOPSON, SECRETARY/CHIEF ADMIN OFFICER).
- How much revenue does COALITION FOR GREEN CAPITAL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $24,315,819, expenses of $24,223,161 and total assets of $5,022,565,236 at year end.
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