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Nonprofit · EIN 92-2069788

CLIMATE UNITED FUND

Tax-exempt · BETHESDA, MD 20814

Financials

$1.3M$751K2023$466K$1.8M2024$48.9M$27.8M2024
Revenue Expenses · by fiscal year end
Financials of CLIMATE UNITED FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990 (amended)$48,862,682$27,766,639$21,096,043$7,023,978,887$7,003,695,870$20,283,017
June 30, 2024990$466,110$1,829,410-$1,363,300$1,298,287$2,111,313-$813,026
December 31, 2023990 (amended)$1,301,618$751,344$550,274$557,761$7,487$550,274
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$46,909,167
of which government grants
$46,306,919
Program service revenue
$0
Investment income
$1,735,440
Other revenue
$218,075

Expenses

Grants and similar amounts paid
$12,702,595
Compensation of officers, directors and key employees
$1,396,934
Other salaries and wages
$3,424,626
Salaries, compensation and benefits (total)
$5,976,316
Professional fundraising fees
$0
Legal fees
$3,561,307
Accounting fees
$145,237
Occupancy
$319,854
Travel
$93,862
Program services (functional)
$19,416,361
Management and general (functional)
$8,299,745
Fundraising (functional)
$50,533

Balance sheet and other

Total assets, start of year
$1,298,287
Total assets, end of year
$7,023,978,887
Total liabilities, end of year
$7,003,695,870
Net assets, end of year
$20,283,017
Land, buildings and equipment
$13,250
Net assets without donor restrictions
$20,283,017
Gross receipts
$48,862,682
Employees
0
Volunteers
16
Year formed
2022
State of legal domicile
MD

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.

NameTitleHours / weekCompensationOther / benefits
ELIZABETH BAFFORDCEO AND PRESIDENT
Officer
35$313,740$26,719
MICHAEL GROSSMANCHIEF INVEST. OFFICER (FROM 06/24)
Key employee
40$175,166$8,275
EMMELINE LIUGENERAL COUNSEL
Officer
22$145,269$18,114
KRYSTAL LANGHOLZCHIEF COMMUNITY OFFICER
Highest-paid employee
32$136,879$11,814
KEVIN FANFONIDIRECTOR OF INVESTMENTS
Highest-paid employee
30$112,936$11,154
CORTNEY MUKUSHIASSOC. GENERAL COUNSEL (FROM 05/24)
Highest-paid employee
33$115,871$0
ANTHONY COSTELLOCHIEF OPER. OFFICERS (FROM 09/24)
Highest-paid employee
40$100,930$0
STEPHANIE SEIBERGVP, ACCT & FIN (UNTIL 6/25)
Officer
40$50,093$0
JENNIFER PRYCEDIRECTOR/CHAIR
Trustee or director, Officer
1$0$0
LORI LEA POURIER OGALA LAKOTADIRECTOR
Trustee or director
1$0$0
HAROLD PETTIGREWDIRECTOR
Trustee or director
1$0$0
SADIE MCKEOWNDIRECTOR
Trustee or director
1$0$0
ANDREW MARINODIRECTOR (UNTIL 02/25)
Trustee or director
1$0$0
MINDY LUBBERDIRECTOR
Trustee or director
1$0$0
DOLORES HUERTADIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
BRENDAN HERRONDIRECTOR (UNTIL 12/24)
Trustee or director
1$0
CRYSTAL GERMANDIRECTOR
Trustee or director
1$0
RAFAEL E CESTERODIRECTOR
Trustee or director
1$0
MARTIN D EAKESDIRECTOR
Trustee or director
1$0
MEESHA BROWNDIRECTOR
Trustee or director
1$0
PHIL ANGELIDESDIRECTOR
Trustee or director
1$0
DEBORAH BURANDDIRECTOR (FROM 03/25)
Trustee or director
1$0
RENEE SATTIEWHITEDIRECTOR
Trustee or director
1$0
PATRICE WILLOUGHBYDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 18 people
NameTitleHours / weekCompensation
JENNIFER PRYCEDIRECTOR/CHAIR (AS OF 06/24)
Trustee or director
1$0
FREDERICK B BART HARVEY IIIDIRECTOR/CHAIR (UNTIL 06/24)
Trustee or director
1$0
PHIL ANGELIDESDIRECTOR
Trustee or director
1$0
MEESHA BROWNDIRECTOR
Trustee or director
1$0
MARTIN D EAKESDIRECTOR
Trustee or director
1$0
RAFAEL E CESTERODIRECTOR
Trustee or director
1$0
CRYSTAL GERMANDIRECTOR
Trustee or director
1$0
BRENDAN HERRONDIRECTOR
Trustee or director
1$0
DOLORES HUERTADIRECTOR
Trustee or director
1$0
MINDY LUBBERDIRECTOR
Trustee or director
1$0
ANDREW MARINODIRECTOR
Trustee or director
1$0
SADIE MCKEOWNDIRECTOR
Trustee or director
1$0
HAROLD PETTIGREWDIRECTOR
Trustee or director
1$0
LORI LEA POURIER OGALA LAKOTADIRECTOR
Trustee or director
1$0
RENEE SATTIEWHITEDIRECTOR
Trustee or director
1$0
PATRICE WILLOUGHBYDIRECTOR
Trustee or director
1$0
ELIZABETH BAFFORDPRESIDENT/CEO
Officer
40$0
EMMELINE LIUSECRETARY/GENERAL COUNSEL
Officer
20$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JENNIFER PRYCEPRESIDENT/CEO (OUTGOING 2023)
Trustee or director, Officer
1$0$548,696$56,833
DEREK STROCHERCHIEF FINANCIAL OFFICER
Officer
1$0$445,240$52,232
ELIZABETH BAFFORDPRESIDENT/CEO (INCOMING 2023)
Trustee or director, Officer
1$0$312,689$44,521
EMMELINE LIUSECRETARY (INCOMING 2023)
Trustee or director, Officer
1$0$287,055$39,659
BART HARVEYCHAIRMAN
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
7550 WISCONSIN AVE 8TH FLOOR, BETHESDA, MD 20814-3559
Principal officer (990 for 2024)
ELIZABETH BAFFORD, 7550 WISCONSIN AVE 8TH FLOOR, BETHESDA, MD 20814
Signed the 990
ELIZABETH BAFFORD, CHIEF EXECUTIVE OFFICER
Phone
(800) 248-0337
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

DEMONSTRATING THE BENEFITS OF THE CLEAN ENEGY TRANSITION THROUGH INVESTMENTS IN THREE PRIORITY AREAS - DISTRIBUTED POWER GENERATION AND STORAGE, BUILDING DECARBONIZATION AND ELECTRIC TRANSPORTATION.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDES GRANTS, LOANS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO ENABLE LOW INCOME AND DISADVANTAGED COMMUNITIES TO DEPLOY OR BENEFIT FROM ZERO EMISSION TECHNOLOGIES.
    Expenses $19,416,361 · grants $12,702,595

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
92-2069788
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
2023
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C20)
Assets (IRS master file)
$7,023,978,887
Income (IRS master file)
$48,862,682

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$48,862,682$27,766,639$7,023,978,887IRS
990June 2024$466,110$1,829,410$1,298,287XML
990December 2023$1,301,618$751,344$557,761IRS

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 92-2069788).

Questions about CLIMATE UNITED FUND

What is the EIN of CLIMATE UNITED FUND?
The employer identification number (EIN) of CLIMATE UNITED FUND is 92-2069788.
Is CLIMATE UNITED FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to CLIMATE UNITED FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CLIMATE UNITED 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 UNITED FUND 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 CLIMATE UNITED FUND 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 CLIMATE UNITED FUND?
The 990 for the year ended June 30, 2025 names ELIZABETH BAFFORD.
Who are the officers and directors of CLIMATE UNITED FUND?
The 990 for the year ended June 30, 2025 lists 24 people; 8 received compensation from the organization, the highest $313,740 (ELIZABETH BAFFORD, CEO AND PRESIDENT).
How much revenue does CLIMATE UNITED FUND have?
On its 990 for the year ended June 30, 2025 it reported revenue of $48,862,682, expenses of $27,766,639 and total assets of $7,023,978,887 at year end.

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