Overview
What is Clean Energy Group Inc?
Clean Energy Group Inc, based in Montpelier, Vermont, is a nonprofit organization dedicated to clean energy research, advocacy, and innovation. Their primary focus is on identifying new sources of capital for zero carbon technology and bridging financing gaps to scale up these investments. They work to align the interests of the public and private sectors and develop interventions to support the widespread adoption of clean energy technologies. The organization also actively promotes low carbon technology innovation strategies and champions the development of new financial tools to stimulate the economy and mitigate climate change. With a team of 20 employees, Clean Energy Group Inc is making strides in shaping a more sustainable energy future.
Official website here: www.cleanegroup.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating
Clean Energy Group Inc has received a high rating of 94%, indicating strong performance in accountability and finance. The organization boasts an impressive Accountability & Finance Score of 96, reflecting its commitment to transparency and good governance practices. With an independent board that comprises 83% members, along with robust financial oversight mechanisms, the nonprofit demonstrates a solid foundation for effective management and oversight.
In terms of financial efficiency, Clean Energy Group maintains a high program expense ratio of 78.06%, suggesting that a significant portion of its budget is directed toward its charitable activities. The organization has also established comprehensive policies on conflict of interest, whistleblower protection, and document retention, all of which contribute to a culture of accountability.
While the organization scores well overall, it has room for improvement in its Culture & Community and Equity Strategies scores, both rated at 79. These areas may benefit from additional focus to enhance organizational effectiveness and community engagement. Overall, Clean Energy Group Inc exemplifies a strong and reliable nonprofit committed to its mission and responsible stewardship of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Clean Energy Group Inc legitimate?
Clean Energy Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clean Energy Group Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $278,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,601
For more financial information, click here
Official website here: www.cleanegroup.org
What is the mission statement of Clean Energy Group Inc?
Clean Energy Group Inc's mission revolves around promoting effective clean energy policies, fostering low carbon technology innovation, and advocating for new financial tools to fortify the economy and mitigate climate change. In essence, their work is centered around research and advocacy in the clean energy sector, with a focus on developing strategies that can help stabilize the environment and drive economic growth. The organization also engages in finance-related projects, aiming to identify new sources of capital, align private and public sector interests, and devise interventions to bridge existing financing gaps for zero-carbon technology investment.
Official website here: www.cleanegroup.org
Who is the CEO of Clean Energy Group Inc?
Anthony Vargo is the Cesa Executive Director of Clean Energy Group Inc.
Official website here: www.cleanegroup.org
What is the revenue of Clean Energy Group Inc?
Clean Energy Group Inc's revenue in 2023 was $1,850,660.
Official website here: www.cleanegroup.org
Who are the executives of Clean Energy Group Inc and what are their salaries?
The average compensation at Clean Energy Group Inc during 2023 was $26,122. There are 20 employees and 5 volunteers at Clean Energy Group Inc.
Here are 10 key members and their salaries:
- Compensation: $194,623
- Related: $0
- Other: $31,298
- Compensation: $164,423
- Related: $0
- Other: $38,565
- Compensation: $169,230
- Related: $0
- Other: $33,596
- Compensation: $112,879
- Related: $0
- Other: $53,913
- Compensation: $99,119
- Related: $0
- Other: $35,395
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.cleanegroup.org
Where can I find the form 990 for Clean Energy Group Inc?
Clean Energy Group Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cleanegroup.org
Learn more at the official website: www.cleanegroup.org
Mission Statement of Clean Energy Group Inc
Clean Energy Group, a leading advocate for clean energy, is dedicated to promoting effective clean energy policies and developing low carbon technology innovation strategies. Their mission is to strengthen the economy and stabilize climate change by promoting new financial tools. In essence, they strive to bridge the gap between public and private sectors, identifying new sources of capital, and aligning interests to invest in zero-carbon technology. By doing so, they aim to scale up these investments and contribute significantly to the global fight against climate change.
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Impact
June, 2024
Clean Energy Group Inc promotes effective clean energy policies, develops low carbon technology innovation strategies, and promotes new financial tools to strengthen the economy and stabilize climate change. The organization's Finance program focuses on identifying new sources of capital, aligning the interests of the private and public sectors, and developing interventions to overcome financing gaps for scaling zero-carbon technology investments. Based in Montpelier, VT, Clean Energy Group is dedicated to clean energy research and advocacy, with a focus on driving positive environmental impacts.
This information is meant to be a general summary of Clean Energy Group Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,530
- Program Service Revenue: $755,015
- Gross Receipts: $1,850,660
Assets and Liabilities:
- Total Assets: $2,604,369
- Total Liabilities: $578,877
- Net Assets: $2,025,492
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting Income
Revenue
$755,015
Organization Details
Founding Year
1998
Phone
(802) 223-2554Principal Officer
Anthony Vargo
Main Address
50 State Street STE 1, Montpelier, VT, 05602
Website
www.cleanegroup.orgNTEE Category
Code: C012 - Environment
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